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MarketResearchReports.Biz: China Orthopedic Instrument Industry Report, 2013 - 2015 - New Industry Report
Date:9/17/2013

h Medtronic's high-end positioning, affordable KangHui products can help Medtronic expand low- and medium-end markets in emerging countries and regions (including China). In 2012, Medtronic (including KangHui Medical) occupied 15.9% of China's spine market.

Stryker is a world-renowned orthopedic instrument enterprise, and its joint products account for about 20% of global market share. In January 2013, Stryker acquired Trauson Holdings for $764 million, and in virtue of the latter's R&D and manufacturing capacity and distribution network advantages further expanded its market share in China, expected to occupy 8%-10% of China's orthopedic market in 2013.

Relying on powerful R&D strength and mature distribution network, Weigao has already become the largest local supplier of orthopedic devices in China. In 2012, its orthopedic device business achieved revenue of 223 million yuan, and trauma equipment products occupied market share of 5.1% or so.

In future, the Chinese orthopedic instrument market will encounter more fierce competition, in which small companies due to low R&D level, insufficient production capacity and non-standard quality control tend to be gradually eliminated, and the market will be further concentrated in industry magnates with superb financial and technical strength.

To Read the Complete Report With TOC @: http://www.marketresearchreports.biz/analysis/174491

China Orthopedic Instrument Industry Report, 2013-2015 of ResearchInChina mainly covers the followings:

  • Overview, market structure and development prospect, etc. of global orthopedic instrument industry;
  • Market structure, competition pattern, barriers to entry, import & export, etc.
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