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Brazilian, Indian and Chinese Orthopedic Markets to See Strong Growth Through 2017
Date:1/24/2013

anies, such as, Sharma Surgical and Sushrut Surgicals in India are also setting up training programs, but the resources required for such training programs means that larger companies still have an advantage.

"While these markets have a lot of potential, many factors will continue to hinder procedure volumes," said MRG Analyst Rene Azeez . "Poverty is still widespread, and many uninsured people lack the funds to pay for procedures out-of-pocket. Premiums remain expensive and many insurance providers are reluctant to offer coverage because of the risk involved in paying for poorly regulated healthcare. As a result, penetration of spinal implant and BGS procedures as well as trauma and reconstructive joint implants procedures will remain low compared to the United States and Europe."

Millennium Research Group's Brazilian, Indian, and Chinese Markets for Orthopedic Devices 2013 report series includes unit, average selling price and revenue information, along with market drivers and limiters and competitive landscape for spinal implants, bone graft substitutes, trauma fixation devices, and reconstructive joint implants sold in Brazil, India and China.

About Millennium Research Group
Millennium Research Group (www.MRG.net), a Decision Resources Group company (www.DecisionResourcesGroup.com), is the global authority on medical technology market intelligence and the leading provider of strategic information to the healthcare sector. The company provides specialized industry expertise through multiclient market research, ongoing Marketrack™ projects, customer loyalty tracking, facility-level procedure forecasting, and customized solutions.

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