NORM Medical Devices Co. Ltd. was founded in 2006 in Ankara, the capital city of Republic of Turkey with a branch Office Istanbul, by its current General Manager Mr. Adem UYANIK. General Manager – Company Owner Mr. Adem UYANIK has started to work in medical field as of 1994 and he has founded in 1996 MEDIKON Health Products Co. Ltd. with 2 persons as an investment partnership. After long and successful position from 1996 to 2006 with MEDIKON Health Products Co. Ltd. Mr. UYANIK has made his decision to step down as partner of MEDIKON Health Products Co. Ltd. and founded NORM Medical Devices Co. Ltd. as an indepentent medical distributor company in 2006 in Ankara with the success of 18 year in medical field. Through its reputable experience in medical field, NORM has a big customer portfolio in distribution of spinal devices and systems. During its position in medical field as MEDIKON Health Products Co. Ltd., the products manufactured by leading companies were first introduced in Turkey such as Kyphoplasty by Kyhpon, Spine products by Neurosurgical, Artificial Disc by Cervitech and DBM products by Osteotech. NORM has a very young and experienced Sales Team together with 25 sub-dealers. Today, NORM Medical Devices Co. Ltd. is manufacturing Spinal Devices such as Antibacterial Silver Spinal Screw System, Lumbar and Cervical Peek Cages, Lumbar and Cervical Corpectomy Cages and Cervical Disc Prosthesis.http://normltd.net/
About the Spinal Market
The spinal implants and spinal devices market, by technology, includes spinal fusion and fixation, vertebral compression fracture treatment, and motion preservation/non-fusion technologies. On the basis of products, the global spinal implants and spinal devices market is divided into six major segments, namely, thoracic fusion and lumbar fusion devices, cervical fusion devices, spine biologics, vertebral compression fracture treatment devices, motion preservation/non-fusion treatment devices, and spine bone stimulators. Bases on the type of surgery, the global spinal implants and spinal devices market is divided into two segments, namely, open surgery and minimally invasive surgery. The spinal decompression devices market, by type of procedure, covers discectomy, laminotomy/laminectomy, foraminotomy/foraminectomy, facetectomy, and corpectomy procedures.
The Spinal market is expected to reach USD 15.73 Billion by 2020, growing at a CAGR of 5.6% from 2015 to 2020. As of 2015, North America is estimated to hold the largest share of the global spinal implants and spinal devices market, followed by Europe. However, the Asia-Pacific market is expected to grow at the highest CAGR of 8.2% from 2015 to 2020. A number of factors, including rising healthcare expenditure in developing nations owing to growing income levels, increasing government funding, presence of a large patient population, rising obesity cases, and growing awareness on the newly developed spine treatment techniques and devices are propelling the growth of the spinal implants and spinal devices market in the Asia-Pacific region. However, challenges associated with this market, such as scarcity of expertise and trained healthcare workers and lack of adequate patient awareness restricts the market growth in this region.
Source: http://www.marketsandmarkets.com