The global Orthopedic Prosthetics market is projected to reach US$23.5 billion by the year 2015, spurred by a multitude of factors including aging global population, rising incidence of degenerative joint diseases, and improving healthcare infrastructure in developing countries. Besides, development of durable and improved materials and implants is also expected to contribute to the market's growth.
The US accounts for a significant share of the global procedural revenues. Though the economy in Europe and North America remains clouded with uncertainty, the regions are reporting a higher sales growth compared to the previous years. For the near term, orthopedic implant sales in Europe is expected to remain soft owing to cuts in capital spending budgets and cost constraints in healthcare sector across most countries. Asian countries, including India and China, and Latin American countries, continue to hold enormous growth opportunities driven by rapidly growing economies, as well as presence of large elderly population
Report ScopeThis report analyzes the worldwide markets for Orthopedic Prosthetics in US$ Million by the following Product Segments: Hip Prosthesis, Knee Prosthesis, and Secondary Joint Prosthesis (Shoulder Prosthesis, & Other Secondary Joint Prosthesis). The report provides separate comprehensive analytics for the US, Canada, Japan, Europe, Asia-Pacific, Latin America and Rest of World. Annual estimates and forecasts are provided for the period 2009 through 2017. Also, a six-year historic analysis is provided for these markets.
The report profiles 65 companies including many key and niche players such as AAP Implantate AG, Aesculap Implant Systems, Inc., Biomet, Inc., Corin Group PLC, DePuy Orthopedics, Inc., MatOrtho™ Ltd., DJO Surgical, Exactech, Inc., Smith & Nephew Plc, Stryker Corporation, Tornier, Wright Medical Group, Inc., and Zimmer Holdings Inc. Market data and analytics are derived from primary and secondary research. Company profiles are primarily based upon search engine sources in the public domain. Global Industry Analysts ©
Click for Report details:Orthopedic Prosthetics: A Global Strategic Business Report