Andover Medical, Inc. (AMI), is seeking to take advantage of projected growth and evolving economies of scale arising from consolidation in the procedure specific durable medical equipment (DME) and services segments of the orthopedic, podiatric, and physician care markets in the United States.  By establishing a nationwide subsidiary network, AMI plans to offer physicians the largest selection of competitively priced brand-name DME.

Orthopedics and podiatry are among the fastest growing segments in healthcare products and services. The baby-boomer and the graying of the population with the increase in the active physical lifestyle of seniors, among other factors, play key roles in this growth.

Market Highlights:

• The U.S. DME orthopedic product market is estimated to be a $1.02 billion dollar industry.  It is probable that 10 percent of all patients seen by the 2,700 orthopedic clinics require a prescription of DME products.
  
  
• The $16 billion podiatry industry is served by 14,000 podiatrists.