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China Orthopedic Devices Market, Contract Manufacturing in Orthopedic Industry Reports
Date:8/20/2013

DALLAS, Aug. 20, 2013 /PRNewswire-iReach/ -- Since 2006, the CAGR of China orthopedics device market scale has been about 20%. In 2012, the market scale of China orthopedic device was about CNY 9.85 billion, with 270,000 cases of joint replacement, 420,000 cases of spinal device, millions cases of trauma device and 200,000-250,000 cases of dental implant. Among them, trauma products, spinal products and joint products are top 3 segment products. The global orthopedic contract manufacturing market is set to grow at a CAGR of 11.05% over the period 2012-2016. One of the key factors contributing to this market growth is the need to optimize resources. The orthopedic contract manufacturing industry has been witnessing an increasing number of mergers and acquisitions. However, increasing threat of in-house manufacturing could pose a challenge to the growth of this market.

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The report "Research and Development Forecast of China Orthopedic Device Market, 2013-2017" ( http://www.reportsnreports.com/reports/237850-research-and-development-forecast-of-china-orthopedic-device-market-2013-2017.html ) says at present, the market pattern of China orthopedics device is similar to the pattern of preparation market. The high-end market and class 3 hospitals are mainly occupied by foreign-funded enterprises, while local enterprises are mainly the low-end market and class 2 hospitals. However, foreign-funded enterprises and local enterprises are expanding to the first-tier and second-tier cities, competing for positions. In order to accelerate to expand the China market, for fo
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