Dallas, TX (PRWEB) August 22, 2014
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.
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The Chinese orthopedic instrument market now is dominated by Johnson & Johnson, Zimmer, Medtronic, Stryker and other foreign companies, together holding 40%-50% market share. However, local Chinese companies like Shandong Weigao Group Medical Polymer Co. Limited, Shanghai Kinetic Medical Co., Ltd. and United Orthopedic Corporation have made some progress in R&D and production technology in recent years, and grabbed some marker share by virtue of advantages in cost and channel.
Shandong Weigao Group Medical Polymer has become the largest local orthopedics company in China with a market share of 4.3%; Shanghai Kinetic Medical is a leader in vertebroplasty interventional operation system, occupying about 50% of the Chinese percutaneous kyphoplasty (PKP) market; United Orthopedic Corporation is a champion in artificial knee/hip joint with 4%-6% market share in China.
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China Orthopedic Instrument Industry Report, 2014-2017 focuses on the following:
Few Points from Table of Contents
5. Foreign Companies in China
5.1 Johnson & Johnson
6. Major Chinese Companies
6.1 Shandong Weigao Group Medical Polymer
6.2 Shanghai Kinetic Medical
6.3 United Orthopedic Corporation
6.4 Beijing AKEC Medical
6.5 Suzou Xinrong Best Medical Instrument
6.6 Tianjin Walkman Biomaterial
6.7 Beijing Lidakang Science and Technology
6.8 Tianjin Renli Orthopedic Instrument
6.9 Zhejiang Guangci Medical Device
6.10 Suzhou AND Science & Technology Development
6.11 Beijing Chunlizhengda Technology & Development
6.12 Baimtec Material
6.13 Suzhou Kangli Orthopedics Instrument
6.14 Waston Medical Appliance
List of Charts
Category of Orthopedic Instrument Industry
Orthopedic Instrument Industry Chain
Global Orthopedic Instrument Market Size and Growth Rate, 2009-2013
Global Market Share of Orthopedic Instruments by Product, 2013
Global Orthopedic Instrument Market Size, 2012-2017E
Market Size and Growth Rate of Orthopedic Instrument Industry above Designated Scale in China, 2009-2013
Market Size and Growth Rate of China Orthopedic Instrument Industry, 2009-2013
Market Size of Orthopedic Instruments in China by Product, 2009-2013
Market Share of Orthopedic Instruments in China by Product, 2009-2013
Import Volume and Value of Orthopedic or Fracture Appliances in China, 2009-2014
Top10 Sources of Imported Orthopedic or Fracture Appliances by Import Volume in China, H1 2014
Import Volume and Value of Artificial Joint in China, 2009-2014
Top10 Sources of Imported Artificial Joint in China by Import Volume, H1 2014
Export Volume and Value of Orthopedic or Fracture Appliances from China, 2009-2014
Top10 Destinations of Exported Orthopedic or Fracture Appliances from China by Export Volume, H1 2014
Export Volume and Value of Artificial Joint in China, 2009-2014
Top10 Destinations of Exported Artificial Joint from China by Export Volume, H1 2014
Competitive Landscape of China Orthopedic Instrument Industry, 2013
Chinese Orthopedic Instrument Market Structure by Company, 2013
Market Share of Trauma Instruments in China Orthopedic Instrument Industry, 2013
Market Share of Spine Instruments in China Orthopedic Instrument Industry, 2013
Market Share of Joints in China Orthopedic Instrument Industry, 2013
Application Process for Orthopedic Instrument Products Permit
Sales Process of Orthopedic Instruments in China
Policies and Main Contents Concerning Orthopedic Instrument Industry in China, 2007-2014
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