Report Buyer, the online destination for business intelligence for major industry sectors, has added a new report which finds that orthopedic implant demand is forecast to rise 9.8 percent annually to $23 billion in the next four years.
“Orthopedic Implants- US industry forecasts for 2012 & 2017”, which is available at http://www.reportbuyer.com/
The report finds that the market for reconstructive joint replacements will be driven by an ageing population and the widespread prevalence of physically active lifestyles, which will increase the number of people suffering from injured and deteriorating joints.
Analysts say that knees and hips will remain leading joints for reconstructive replacement as these are very vulnerable to degeneration caused by arthritic conditions. They find that technological improvements in materials and design will improve the safety and performance features of knee and hip implants and encourage their expanding use in severe arthritis treatment.
Authors of the report say that spinal implants will see high potential for growth driven by an increasing prevalence of chronic back conditions and technological and surgical advances. They state that implants used in spinal fusion and motion preservation surgeries, especially procedures for the repair of vertebrae and replacement of degenerative discs, will account for the largest market share and the best growth opportunities.
The study also finds that orthobiologic products will post the strongest gains among all orthopaedic implants. Growth factors, grafts and synthetic materials for the replacement and fortification of diseased and damaged bone are among orthobiologics expected to fare especially well in the marketplace.
“Orthopedic Implants-US industry forecasts for 2012 & 2017”, is available from Report Buyer.
For more information, see:
http://www.reportbuyer.com/
Report Buyer product ID: FED00027
