DUBLIN, Aug. 29, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "China Orthopedic Instrument Industry Report, 2014-2017" report to their offering.
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Benefiting from accelerated aging population and rising proportion of reimbursement for medical expenses, the Chinese orthopedic instrument market demand has been effectively released, with its scale presenting a CAGR of 19.2% during 2009-2013. Trauma products, spine products and joint products are three product segments of orthopedic instruments in China, of which trauma products holding the bulk with 36.9% market share in 2013.
Being optimistic about bright future of China orthopedic instrument industry, some foreign and domestic companies are speeding up their layout in orthopedic instrument market though mergers and acquisitions. In 2012, Medtronic, Inc. acquired the most competitive orthopedic device maker in China-- China Kanghui Holdings for USD 816 million; In Jan. 2013, Stryker Corporation bought China's largest trauma product makers-- Trauson Holdings Company Limited for HKD5.9 billion; In Sep. 2011, MicroPort Scientific Corporation entered orthopedic instrument market by purchasing Suzhou Best at transaction value of RMB 110 million, and acquired Wright's OrthoRecon business at USD 290 million in Jan. 2014.
Key Topics Covered:
1. Overview of Orthopedic Instrument Industry
2. Development of Global Orthopedic Instrument Industry
3. Development of China Orthopedic Instrument Industry
4. Development Environment of China Orthopedic Instrument Industry
5. Foreign Companies in China
6. Major Chinese Companies
7. Forecast and Outlook
Companies Mentioned:
- Baimtec Material
- Beijing AKEC Medical
- Beijing Chunlizhengda Technology & Development
- Beijing Lidakang Science and Technology
- Johnson & Johnson
- Medtronic
- Shandong Weigao Group Medical Polymer
- Shanghai Kinetic Medical
- Stryker
- Suzhou AND Science & Technology Development
- Suzhou Kangli Orthopedics Instrument
- Suzou Xinrong Best Medical Instrument
- Tianjin Renli Orthopedic Instrument
- Tianjin Walkman Biomaterial
- United Orthopedic Corporation
- Waston Medical Appliance
- Zhejiang Guangci Medical Device
- Zimmer
For more information visit http://www.researchandmarkets.com/research/hp2wl4/china_orthopedic
Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net
