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Follow on Google News | Global orthopaedics market to grow 5% to 2015 says new reportNew report Orthopaedics: Market Prospects & Global Competition added to Pharmaceutical-market-research.com
By: Joe Walsh 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- Pharmaceutical- # # # 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
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