Irvine, CA (December 8, 2011) – BioMedGPS, LLC, the developer of SmartTRAK Business Intelligence Hub, projects the US market for foot and ankle products, which includes ankle replacements, subtalar implants, toe resurfacing/replacements, as well as foot and ankle fusion products, will reach an estimated $176.9 million in 2012, and grow at a rate of 9% to approximately $251 million in 2016.  SmartTRAK™ Foot & Ankle is the newest offering for the Extremities market that BioMedGPS is launching for SmartTRAK Business Intelligence Hub complementing the recently released SmartTRAK Shoulder Recon module. SmartTRAK Business Intelligence Hub is an online content-rich, real-time, interactive enterprise-wide collaboration tool for life science and medical device organizations. SmartTRAK Total Joint and Sports Medicine modules will be launched in early 2012.

“The market for foot and ankle implants is expanding as acceptance of surgical solutions for treating pain and deformity in this area of the body increases,” states Lisa Mahan, Senior Analyst who oversees the SmartTRAK Extremities and Total Joints modules at BioMedGPS.  “Ankle replacement is continuing to gain more ground as an alternative to ankle fusion in treating ankle arthritis and chronic pain.”  BioMedGPS expects continued growth of ankle replacement to start shifting the market mix away from ankle fusion and to see the development of new and more innovative products for the lower extremities.  The Foot & Ankle market is becoming a focus of several orthopedic manufacturers, with dedicated sales forces to focus on orthopedic specialists, podiatrists, and trauma surgeons.
SmartTRAK Foot & Ankle offers a powerful combination of real-time information, deep industry content, and analysis from domain experts on 52 public and privately held companies developing over 250 foot and ankle replacement, reconstruction, and repair products on the market or under development worldwide, along with 5-year US market forecasts.  Unlike static market reports, SmartTRAK Foot & Ankle is the only source for up-to-date, broadly sourced and validated business information on foot and ankle companies, products and the market, combined with built-in enterprise collaboration tools. Other SmartTRAK Business Intelligence modules include OrthoBio, Spine, Shoulder Recon and Wound Biologics.

Companies looking to expand their market presence, gain an understanding of market drivers, and evaluate the global competitive landscape can find the strategic information they need by subscribing to BioMedGPS's SmartTRAK Business Intelligence Hub, the first enterprise-wide hub for business intelligence.

ABOUT BIOMEDGPS, LLC
BioMedGPS is the first to launch a content-driven, digital business intelligence hub specifically for healthcare companies.  Delivered stand-alone or as a platform integrated with an organization’s existing IT infrastructure, SmartTRAK helps companies improve performance and make better strategic decisions.

CONTACT:
Kevin Hicks, BioMedGPS, LLC
949-374-8265
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www.biomedgps.com

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