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Global Orthopedics Devices Market (2011 - 2016)
Date:11/16/2011

NEW YORK, Nov. 16, 2011 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Global Orthopedics Devices Market (2011 – 2016)

http://www.reportlinker.com/p0685545/Global-Orthopedics-Devices-Market--2011-–-2016.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=NoCategory

About 25 in every 1000 people opt for an orthopedic surgery due to osteoarthritis. Such high incidence coupled with aging population and increasing awareness among people; is driving the growth of the global orthopedic devices market. Among the seven segments covered in the report, spinal devices are observed to be the fastest growing segment with a CAGR of 9.3% during the study period. Smart implants, customized implants, and tissue engineering have been identified as the future of orthopedics.

Continuous innovations in the implants technologies have helped the orthopedic industry to maintain a steady growth of 7% to 10% over the last decade and this trend is expected to continue in the years to come. Innovations in the design and efficiency of the equipment for spinal, hip, and knee replacement such as introduction of customized implants, smart implants with advanced sensors for real time data transfer, metal-on-metal, and metal-on-ceramic implants have helped to maintain the growth momentum. In future, novelties in the field of customized implants for individual needs, smart implants with microprocessors to deliver real time feedback, and other tracking devices are further expected to create niche segments for these technologies. In addition, tissue engineering and gene therapy techniques are going to add po
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