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Research and Markets: APAC Joint Replacement And Joint Reconstruction Market Through 2020 - Analysis of the $6.4 Billion MarketResearch and Markets (http://www.researchandmarkets.com/research/39zgbb/apac_joint) has announced the addition of the "APAC Joint Replacement And Joint Reconstruction Market Through 2020" report to their offering. The Joint Replacement and Joint Reconstruction Market, comprising hip replacement, knee replacement, shoulder replacement and small joint replacement, in the Asia Pacific (APAC) is projected to reach $6.4 billion by 2020 with hip arthroplasty and knee arthroplasty are the most common types of joint replacements in APAC. Currently, the growth in the region is driven by chronic medical conditions such as osteoarthritis, rheumatoid arthritis and osteoporosis; technical advancement in implant designs; new joint biomaterials; and robotic and minimally invasive surgeries (MIS). Also, the market is pushed by favorable macroeconomic factors, especially in India and China. The future growth would be driven by the above-mentioned chronc conditions, younger patients undergoing joint replacement and requiring further revision surgeries during their lifetime. The market's growth would also be fuelled by improved healthcare infrastructure, better diagnosis facilities, and favorable macro economic factors such as increasing disposable income and rising healthcare expenditure. Also, a decline in sales and pricing pressure in the US and other developed markets has forced companies to increase their focus on the APAC region. China and India offer a huge potential for market growth due to their developing economies and the size of the population. The key attributes that will govern the market in this region will be innovation, technology, reduced cost and existing products that are refined. Key Topics Covered:
Companies Mentioned
For more information visit http://www.researchandmarkets.com/research/39zgbb/apac_joint |
