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Orthopedics Instrumentation Market to Exceed 54.5 Billion by 2015 According...



Orthopedics, with a market share of over 10% is one of the single largest segments in the medical device sector. Unique revolutionary treatments are all set to alter the specifics of medical orthopedics industry. Important developments in the medical device area, specifically in the orthopedic segment, have created ample opportunities to expand and intensify market competition and growth. With increase in average life expectancy rates, number of joint replacement procedures has reported significant growth. Sports-related injuries in the younger generation, and growing popularity of minimally invasive surgery (MIS) are fuelling the demand for joint replacement surgeries. Companies across the world are focusing on the development of advanced materials and technologies in the field of orthopedic implants, to address the emerging requirements of aging population and active youth.



United States and Europe collectively account for more than 70% share of worldwide Orthopedics Instrumentation market (http://www.strategyr.com/Orthopedic_Instrumentation_Market_Report.asp), as stated in a recent report published by Global Industry Analysts, Inc. Demographic factors play a major role in determining the growth prospects of orthopedics industry in the United States and Europe. Rapidly expanding economies, improving public healthcare services, and rising life expectancy, and relatively under-served markets of developing countries such as Asia, and Latin America, are expected to offer substantial growth prospects for orthopedic companies. In particular, markets such as India, China, and Mexico with large population base are expected to become major revenue generators for the industry. Driven by favorable demographic profile, the market for reconstructive products (http://www.strategyr.com/Orthopedic_Instrumentation_Market_Report.asp) in Asia-Pacific is anticipated to reach US$1.5 billion by the year 2010.



Rising incidence of spine-related injuries and disorders in the younger population is adding to the number of spinal implant procedures being performed annually. Product design innovations, increase in clinical evidence of advantages, and a rise in the number of surgeons trained to use the devices are among the major factors contributing to the expanding demand for spinal implants. In the US, Spinal products market (http://www.strategyr.com/Orthopedic_Instrumentation_Market_Report.asp) is projected to reach US$4.9 billion by 2010.



Demographics and advent of new technologies are key growth drivers for the hip and knee replacements market in Europe. Aging European population faces enhanced risk of musculoskeletal problems, in particular osteoarthritis. The Hip Implants market (http://www.strategyr.com/Orthopedic_Instrumentation_Market_Report.asp) in Europe is estimated at US$1.1 billion for 2008. Driven by the rising prevalence of fracture-related injuries and deteriorating joint conditions, the market for fracture fixation products (http://www.strategyr.com/Orthopedic_Instrumentation_Market_Report.asp) is projected to exceed the US$655 million by 2012. Technological advancements and increasing application of minimally invasive surgical repair procedures are also aiding the expansion of fracture fixation segment.



Global orthopedic equipment industry represents a highly competitive industry, with a large number of players fighting to corner a larger share of the market. Major players profiled in the report include Acumed, Arthrex, CONMED Corp, Biomet, DJO Surgical, Exactech Inc., Innomed Inc., DePuy Inc (Johnson 's38; Johnson), Medtronic Sofamor Danek, Orthofix International N.V., Smith 's38; Nephew, Stryker Corporation, Synthes, Wright Medical Technology, and Zimmer Holdings, Inc.



The report titled Orthopedics Instrumentation: A Global Strategic Business Report published by Global Industry Analysts, Inc., provides a comprehensive insight into market dynamics, trends, issues, and competition pertaining to the market. The report also enumerates recent developments, mergers, acquisitions and other strategic industry activities. Product segments analyzed in the report include Reconstructive Sector (Hip Implants, Knee Implants, Extremities), Fracture Fixation, Arthroscopy/Soft Tissue, Spinal Products, and Other Products. Analysis is presented for established and emerging markets including United States, Japan, France, Germany, United Kingdom, Italy, Spain, Asia-Pacific, and Latin America. Recent past, current and future analysis is provided for the period 2001-2015, while historic analytics offer a review of the industry'ss past performance (1991-2000).



For more details of this research report, please visit http://www.strategyr.com/Orthopedic_Instrumentation_Market_Report.asp



About Global Industry Analysts, Inc.


Global Industry Analysts, Inc., (GIA) (http://www.StrategyR.com/) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world'ss largest market research publishers. The company employs over 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of over 60,000 smaller research products including company reports, market trend reports, and industry reports encompassing all major industries worldwide.



Global Industry Analysts, Inc.


Telephone 408-528-9966


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Email press @ StrategyR.com


Web Site http://www.StrategyR.com/






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