The orthopaedic devices market is rapidly growing. Hospitals, specialty clinics and other end users are extensively adopting various devices, implants and surgeries for better treatment, cure and outcome of different orthopaedic disorders. Development of cost effective innovative products, advent of outpatient orthopaedic procedures, emergence of personalized medicines and robotics technology are providing an excellent opportunity for the growth of orthopaedics device market.
The global Orthopaedics devices market offers tremendous opportunity for manufacturers by creating new and sustained export options for companies. This will result in the removal of market barriers and helps firms to capture a large share in the market. The China Orthopaedics market contributes about 4.5 percent to the total world Orthopaedics market.
The growth of the market in China is driven by increasing aging population. China has the largest elderly population in the world with more than 200 million people over the age of 60. In China Orthopaedic supplies currently make up about 20% of all materials used in minor surgeries. Orthopaedics supplies are the second most used type of devices following general surgery supplies.
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