China Is Now World’s Second Largest Market for Orthopedic Medical Devices

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China has recently surpassed Japan as the second largest market for orthopedic medical devices in the world. With an aging population and improvement in health insurance policies, the demand for total knee replacement procedures in China has been increasing rapidly.

As a recent market development in China, Ortho Development Corporation (ODEV), a Draper, Utah based US company, has signed of agreement with a Chinese firm to distribute ODEV’s Balanced Knee® System in China.

Ortho Development’s Balanced Knee® System (BKS) includes implants and instrumentation for primary and revision total knee replacement procedures. The design is based on proven technology with over 17 years of successful clinical results and more than 70,000 implanted worldwide.

The medical device registration in China for the BKS has already been completed, and ODEV intends to begin marketing the product immediately.

China Med Device, LLC, specializes in CFDA registration related services and market research for medical device products in China. If you would like to tap into China’s fast-growing medical device market and accelerate your medical device’s entry in China, please contact us at info@ChinaMedDevice.com or visit us at http://www.ChinaMedDevice.com.