- The key vendors in the Global Hip Implant Market 2015-2019 are DePuy Synthes (a Johnson & Johnson Company), Smith & Nephew plc, Stryker and Zimmer Holdings.
London, 18 March 2015: Technavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Hip Implant Market 2015-2019. Increase in global healthcare spending is one of the major trends upcoming in this market. Global healthcare expenditure is estimated to be more than US$5 trillion per year, which is unsustainable for the economy in the future. According to the Centers for Disease Control and Prevention in 2011, healthcare expenditure grew by 15 percent in the US and 8 percent in Europe. The Global Hip Implant market is expected to grow at a CAGR of 2.98 percent during the period 2014-2019.
“Large corporations such as DePuy Synthes, Stryker, and Zimmer Holdings, have to compete with medium and small-sized vendors,” says Faisal Ghaus, Vice President of Technavio Research.
“Large vendors provide an extensive range of advanced instruments worldwide while other vendors deliver a wide range of products at reasonable prices.”
To define the market conditions in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
