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Delhi, India, 05/23/2008 – New technologies which involve minimal invasive procedures are creating new orthopedic re-constructive markets. Less invasive techniques has led to patients becoming more comfortable with surgical procedures. The market for hip implants is being driven by an aging global population and also increased adoption by the younger patients.
The major players in the orthopedic implant market are Biomet, DePuy, Smith & Nephew, Stryker, and Zimmer. These five companies have a combined share of more than 85% of the orthopedic implant market. Hip resurfacing is turning out to be a major growth opportunity, with FDA approval of Birmingham Hip Resurfacing (BHR) by Smith & Nephew and an alternative hip resurfacing system made by Corin Group and marketed by Stryker.
The report broadly includes the following:
List of Tables
Worldwide Orthopedic Market (2003-2008E)
Geographic Segmentation of Orthopedic Market by Sales Value (2003-06)
Geographic Segmentation of Orthopedic Market by Market Share (2003-06)
Resurfacing Hip Market Growth
Worldwide Hip Implant Market Share (2005-06)
Worldwide Hip Market Leaders: Quarterly Growth (2006-07)
U.S. Market Share - Hip Resurfacing Potential Market
Stryker Hip Products
Zimmer Hip Products
Biomet - Net Sales by Product Category
List of Charts
• Worldwide Orthopedic Reconstructive Market Size (2003-2008E)
• US Reconstructive Orthopedic Procedure by Joint (2006)
• Worldwide Reconstructive Implant Market Share (2006)
About Koncept Analytics
Founded in 2005, Koncept Analytics (konceptanalytics.com) works with the clients in developing an understanding of the various industries – segments and sub-segments, companies, competitors and suppliers.
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