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MarketsandMarkets: Global Orthopedic Devices Market Expected to Reach $57.9 Billion by 2016
Date:10/24/2011

AGR of 5.8% from 2011 to 2016.

The companies in the orthopedic devices market [ http://www.marketsandmarkets.com/Market-Reports/orthopedic-device-280.html ] are employing a number of strategies to gain a competitive edge over the others. These strategies comprise new product developments, mergers and acquisitions, and partnerships/collaborations/agreements. The key growth strategy followed by most of the companies is frequent product launches. New product launches accounted for almost 70% of strategic developments. Agreements, collaborations, and strategic partnerships accounted for almost 20% of the total strategic developments in the industry from 2008 to September 2011.

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