Dallas, Texas (PRWEB) March 02, 2013
According to these reports in 2012, the Chinese Orthopedic Trauma Devices Market was valued at over $413 million and Indian orthopedic trauma devices market was valued at over $75 million. The Chinese and Indian Orthopedic Trauma market is split into two general categories; internal and external fixation. Internal fixation includes devices such as plates & screws, intramedullary nails, and cannulated screws. Growth in each orthopedic trauma segment is propelled largely by the aging population, motor vehicle accidents and an occasionally increasing average selling price (ASP) due to technological advancements. There is fast growth in the overall market fuelled by the Chinese and Indian government improving healthcare coverage across the country and as Chinese citizens have increasing amounts of disposable income on average, while Indian government is improving healthcare coverage across the country and improving regulations regarding the quality of medical devices. The increased affordability of trauma surgeries opens up new demographics in the overall trauma market and will enable the market to continue growing at a strong rate over the forecast period.
This report pertains to a forecast period of 10 years (2009 – 2019) for China and India.
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This orthopedic trauma devices market report analyzes and evaluates the current state of the market including existing and potential markets, product average selling prices, and unit volumes. The report also highlights the opportunities and potential hazards involved, and present strategies for successfully navigating the market landscape. Furthermore, it seeks to identify the trends and technologies that will affect the future of each market segment and prepares an unbiased critical assessment of such market drivers and limiters based on our “bottom up” approach, which includes primary and secondary research methods.
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