The global orthopedic implants market continues to grow as the adoption of minimally invasive surgeries and favorable healthcare reform pushes market demand.
Here are five opportunities and forecasts from Report Sellers on the orthopedic implants market, published on medGadget.
1. China is the world's second largest medical device market. The nation is predicted to soon become the world's largest orthopedic medical devices market over the next decade.
2. Trauma implants have the largest share in the global orthopedic implants market followed by spine implants and joint implants. Spine and joint implants continue to dominate in the U.S.
3. The rise in the global orthopedic implants market can be attributed to increasing healthcare expenditure, aging populations and continued healthcare reforms.
4. Over the next decade the market and market competitors will need to overcome strict regulatory measures, complex reimbursement systems and high market entry barriers.
5. Key market competitors include Zimmer Biomet, Stryker, Smith & Nephew, DePuy Synthes, Shandong Weigao Orthopedic and Beijing Chunlizhengda Medical Instruments.