Global orthopaedics market to grow 5% to 2015 says new report

New report Orthopaedics: Market Prospects & Global Competition added to Pharmaceutical-market-research.com
By: Joe Walsh
 
July 19, 2011 - PRLog -- The new report titled “Orthopaedics: Market Prospects & Global Competition” states that orthopaedics has fared better than many sectors in the economic downturn. As confidence returns, it’s time to take stock of the opportunities and competitive challenges that lay ahead

According to the new 362 page report, growth in the global orthopaedic market is projected to be 5% over the period 2010-15. By 2015, orthopaedic revenues are expected to total US$46.8 billion compared with US$36.5 billion in 2010.

Some of the smaller companies, particularly those at the cutting edge of the market, found themselves short of cash and with little in the way of white knights to help make up the shortfall. Even companies like Abbott have baulked at the pressures of the industry – choosing to quit the spine industry in 2008 for example. Meanwhile Biomet’s private equity owners must be kicking themselves over the timing of their billion dollar investment just before the market downturn.

The strength of the orthopaedics sector is that the fundamentals remain strong. It is one of the fastest growing sectors in the industry, thanks to the impact of an expanding elderly population and the associated steady rise and diagnosis in musculoskeletal disorders which will keep demand high.
   
Read more here: http://www.pharmaceutical-market-research.com/publication...

Pharmaceutical-market-research.com is the source for information products concerning the global biotechnology, healthcare, medical device and pharmaceutical industries. With over 20,000 market reports available, executives can find a current and comprehensive range of specialised intelligence. www.pharmaceutical-market-research.com is a service from Piribo Ltd, which was founded in 2004.

# # #

About Piribo.
Piribo http:www.piribo.com is the source for information products concerning the global biotechnology and pharmaceutical industries. Here you can browse and buy thousands of business information studies, market reports and books.
End
Source:Joe Walsh
Email:***@piribo.com Email Verified
Zip:SE1 3LJ
Tags:Orthopaedic, Orthopaedics
Industry:orthopaedic, orthopaedics
Location:London City - London, Greater - England
Account Email Address Verified     Account Phone Number Verified     Disclaimer     Report Abuse
Piribo News
Trending
Most Viewed
Daily News



Like PRLog?
9K2K1K
Click to Share