Research and Markets: Global Markets For Large Joint Replacement Technologies
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/vc493r/global_markets_for) has announced the addition of the "Global Markets For Large Joint Replacement Technologies" report to their offering.
“Global Markets For Large Joint Replacement Technologies”
Economic constraints and unemployment have had adverse effects on sales of large joint replacement technologies in developed markets. However, the underlying factors driving the performance of hip and knee replacement surgeries - such as rising disease prevalence and aging populations - will continue to generate opportunities for device suppliers. In particular, the growing adoption of these products in emerging markets should help to offset weaker conditions in the U.S. and Western Europe.
During the short term, economic softness will continue to restrain procedure growth in the U.S. due to the postponement of hip and knee replacement surgeries. Trends in product mix, such as the shift away from metal-on-metal total hip replacement devices, will affect selling prices and revenues, and healthcare reform efforts should help to spur procedures later in the forecast period.
The European market will be sustained by greater demand for hip and knee replacement technologies in Eastern European countries as well as positive demographical factors in countries such as France, Germany, Italy, Spain, and the United Kingdom. Sales of large joint replacement products in the Asia-Pacific region and elsewhere in the world should increase rapidly due to growing penetration in China and other emerging markets.
This report examines the market for replacement and resurfacing products for the hips and knees, and provides a detailed analysis of the clinical and economic factors driving markets around the world.
- Aesculap (B. Braun Medical)
- DePuy Orthopaedics (Johnson & Johnson)
- DJO Surgical
- Japan Medical Materials
- MEDACTA International
- Ortho Development
- Smith & Nephew
- United Orthopedic
- Waldemar Link
- Wright Medical Technology
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