“The
Report China Orthopedic Instrument Industry Report, 2014-2017
provides information on pricing, market analysis, shares, forecast,
and company profiles for key industry participants. -
MarketResearchReports.biz”
Benefiting from accelerated
aging population and rising proportion of reimbursement for medical
expenses, the Chinese orthopedic instrument market demand has been
effectively released, with its scale presenting a CAGR of 19.2%
during 2009-2013. Trauma products, spine products and joint products
are three product segments of orthopedic instruments in China, of
which trauma products holding the bulk with 36.9% market share in
2013.
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Being optimistic about bright
future of China orthopedic instrument industry, some foreign and
domestic companies are speeding up their layout in orthopedic
instrument market though mergers and acquisitions. In 2012,
Medtronic, Inc. acquired the most competitive orthopedic device maker
in China-- China Kanghui Holdings for USD 816 million; In Jan. 2013,
Stryker Corporation bought China’s largest trauma product makers--
Trauson Holdings Company Limited for HKD5.9 billion; In Sep. 2011,
MicroPort Scientific Corporation entered orthopedic instrument market
by purchasing Suzhou Best at transaction value of RMB 110 million,
and acquired Wright's OrthoRecon business at USD 290 million in Jan.
2014.
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The Chinese orthopedic
instrument market now is dominated by Johnson & Johnson, Zimmer,
Medtronic, Stryker and other foreign companies, together holding
40%-50% market share. However, local Chinese companies like Shandong
Weigao Group Medical Polymer Co. Limited, Shanghai Kinetic Medical
Co., Ltd. and United Orthopedic Corporation have made some progress
in R&D and production technology in recent years, and grabbed
some marker share by virtue of advantages in cost and channel.
Shandong Weigao Group Medical
Polymer has become the largest local orthopedics company in China
with a market share of 4.3%; Shanghai Kinetic Medical is a leader in
vertebroplasty interventional operation system, occupying about 50%
of the Chinese percutaneous kyphoplasty (PKP) market; United
Orthopedic Corporation is a champion in artificial knee/hip joint
with 4%-6% market share in China.
Table
of Content
1. Overview of Orthopedic
Instrument Industry
1.1 Definition
1.2 Classification
1.3 Industry Chain
2. Development of Global
Orthopedic Instrument Industry
2.1 Overview
2.2 Forecast
3. Development of China
Orthopedic Instrument Industry
3.1 Overview
3.2 Market Structure
3.3 Import and Export
3.3.1 Import
3.3.2 Export
3.4 Competitive Landscape
3.5 Barriers to Entry
3.5.1 Technology Barrier
3.5.2 Market Access Barrier
3.5.3 Sales Channel Barrier
3.5.4 Talent Barrier
3.6 Sales Model
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