Orthopedic Implants Global Market to touch $30.5 billion in 2012
Tuesday 15 Nov 2011
Hyderabad - A new global market report 'Orthopedic Implants - A Global Market Overview' has been released by Industry Experts, a multi industry focused market research firm. According to the report, the global market for orthopedic implants is projected to reach US$ 46.5 billion by 2017 from an estimated US$ 21.1 billion in 2007, growing by a CAGR (2007-2017) of 8.2%.
“Fit and Forget” is a fundamental requirement in several critical applications, and human body implants are a part and parcel of this challenging requirement. The number of people undergoing joint replacement surgery, such as total hip and knee replacement, has increased steadily and continues to do so, due to an increase in aging population.
The number of younger patients has also increased due to higher quality of life expectations. Patients with high levels of immobility and pain have no option but to go in for major joint replacement, which can induce a radical change in people’s quality of life by relieving pain and restoring their physical independence.
Market for Orthopedic Implant product segments analyzed in this study includes Joint Implants, Trauma Implants and Other orthopedic Implants. The global market orthopedic implants is expected to touch US$ 30.5 billion in 2012.The study also analyzes the competitive environment of orthopedic implants key players and illustrates the market shares of major global players for the year 2010.
The report reviews, analyses and projects the Orthopedic Implants market for global and the regional markets including United States, Europe, Asia-Pacific and Rest of World. The regional markets further analyzed for 10 independent countries across Europe – Austria, France, Germany, Italy, Spain, the United Kingdom, Scandinavia, Eastern Europe and Rest of Europe; Asia-Pacific – China, Japan, South Korea, Taiwan and Rest of Asia-Pacific.
This 197 page global market report includes 67 charts (includes a data table and graphical representation for each chart), supported with meaningful and easy to understand graphical presentation, of the market. The statistical tables represent the data for the global market by geographic region and Product Segments.
The report covers the brief business profiles of 44 key global players and 59 major players across the United States – 35; Europe – 15; Asia-Pacific – 8; and Rest of World – 1. The report also provides the listing of the companies engaged in research and development, equipment manufacturing, supplies and distribution of Orthopedic Implants. The global list contains the addresses, contact numbers and the website addresses of 251 companies.
For more details, please visit http://industry-experts.com/verticals/healthcare/orthopedic-implants-a-global-market-overview.html