TechNavio's analysts forecast the Global Orthopedic Devices market to grow at a CAGR of 6.6 percent over the period 2011-2015. One of the key factors contributing to this market growth is rising rates of co-morbidities due to lifestyle changes. The Global Orthopedic Devices market has also been witnessing innovation in biologics. However, the reduction in reimbursement costs of an orthopedic procedure could pose a challenge to the growth of this market.
TechNavio's report, the Global Orthopedic Devices Market 2011-2015, has been prepared based on an in-depth analysis of the market with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Joint Reconstruction market, Spinal Devices market, Trauma Fixation Devices market, Orthobiologics market, Arthroscopic Devices market, Orthopedic Braces and Support Systems market, and Orthopedic Accessories market landscapes and their growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors dominating this market space include Johnson & Johnson, Medtronic Inc., Stryker Corp., Synthes Inc., Smith & Nephew, and Zimmer Inc. Other vendors mentioned in the report: Aesculap, Arthrex, Arthocare, Biomet Inc., Changzhou Waston Medical Appliance Co., Covidien, Conmed, and GPC Medical Ltd.
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