Here are five trends:
1. The aforementioned nations’ increasing populations are fueling market growth.
2. More Chinese surgeons are undergoing extensive training in hip and knee reconstruction.
3. Vendors such as Taiwan-based United Orthopedics is putting products on the market at a lower price than other U.S. vendors.
4. Companies looking to thrive in the market should consider creating partnerships that give them access to healthcare markets.
5. Additionally, a GlobalData analysis explained more patients in developing countries are willing to have total joint replacement surgeries. As public awareness increases, the market’s growth will continue.
More device news:
SI-BONE’s iFuse continues to gain steam — 6 observations from trial yielding 2-year results
India’s Apollo Hospitals Hyderabad uses Mazor Robotics devices for 8 spine surgeries: 3 quick notes
Could Johnson & Johnson hit $1T before Apple? 6 things to know
At the Becker’s 32nd Annual Meeting: The Business and Operations of ASCs, taking place October 29-31 in Chicago, ASC leaders, surgeons and healthcare executives will explore strategies to drive growth, enhance operational performance, navigate reimbursement challenges and prepare for the future of ambulatory surgery. Apply for complimentary registration now.
