A series of factors contributed to this growth, including increasing income levels, an aging population and improvements in the medical reimbursement ratio. Despite this growth, the orthopedic device industry in China lags behind other countries. For instance, China’s leading orthopedic devices companies Trauson, China Kanghui and Weigao Group held a market share of just 4.6 percent, 3.9 percent and 2.9 percent, respectively, in 2011.
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