TechNavio today launched its report Global Orthopedic Devices Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers and understanding of the present and the future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Healthcare team said; ”The present trend in the Orthopedic Devices industry is the increasing use of Minimally Invasive Surgery (MIS), which is gaining in popularity because of its advantages such as less pain, faster recovery, smaller incisions, reduced blood loss, and cost saving. Most of the arthroscopic surgeries are MIS-based; the market for such devices is expected to grow at a very high percent between 2011 and 2015. This trend is expected to have a high positive impact on the market in the short term.”
According to the report, currently, more emphasis is given to disease prevention, and orthopedic devices are used in all the Healthcare segments for diagnosis and in the treatment of medical conditions. This will increase the rates of outpatient procedures for bone fractures and increase the demand for orthopedic devices. There is a significant rise in the global expenditure on healthcare services and hence the Orthopedic Devices market is likely to grow in the future.
Further, the report also discusses that the key challenge for the market is the variations in regulations for medical devices across all countries.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players.
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For further information, please visit https://www.technavio.com/content/global-orthopedic-devices-market-2011-2015
Follow us on Twitter @ Technavio
TechNavio Announces the Publication of its Report – Global Orthopedic Devices Market 2011-2015
