Dallas, TX (PRWEB) March 03, 2013
The Chinese orthopedic large joint reconstruction device market is expected to exceed $1 billion and Indian $138.4 million by 2019. The orthopedic large joint reconstruction device market includes hip and knee implants, as well as bone cements used to help adhere the implants to bone. Large joint arthroplasty is experiencing a continued increase in demand, attributed to the aging Chinese and Indian population and a higher number of highly active individuals. Procedure growth will rise over the forecast period as older patients are no longer able to postpone elective joint replacement procedures. In China hip reconstruction growth will continue to outpace knee reconstruction growth throughout the forecast period while in India Knee reconstruction growth will continue to outpace hip reconstruction growth throughout the forecast period. Both the knee and hip markets experienced a high increase in unit growth in 2012, and a moderate decline in average selling price. Unit volumes will continue to grow steadily over the forecast period due to the growing demand for arthroplasty in China and India.
Scope: This report pertains to a forecast period of 10 years (2009 – 2019) for China and India.
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