The United States and European markets could suffer from the debt crisis following the 2008 global financial crisis, and more governments worldwide are enacting healthcare reform to reduce budget deficits. As a result, new products for minimally invasive procedures will drive the market in the future.
The report predicts more favorable reimbursement for minimally invasive procedures due to the reduced hospital stay. With time, the market could see further consolidation. Key companies in the orthopedics market include Johnson & Johnson, Stryker, Zimmer and Smith & Nephew.
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