Asia Orthopedic Device Market is majorly Driven by Surge in Aging Population, Obesity and High Prevalence of Musculoskeletal Conditions: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit Analyst at Ken Research in their latest publication ”Asia Pacific Orthopedic Device Market Outlook to 2025 – By Country (China, Japan, India, Korea, RoAPAC), By Type of Treatment (Joint, Spine, Trauma and Orthobiology and Sports Medicine); and By Type of End User (Multispecialty and Orthopedic Specialty Hospitals)” observed that the market is still in an infancy growth stage and will witness further growth owing to factors such as rising healthcare expenditure, increase in number of orthopedic healthcare establishments and increasing support by government for the domestic players. Asia Pacific orthopedic device market is expected to register a positive CAGR of 8.2% in terms of revenue during the forecast period 2018-2025. Increasing number of elderly adults results in a higher prevalence of osteoarthritis and other conditions leading to injuries requiring orthopedic devices. Growth in the Geriatric Population: As of 2018, Asia has more than 500 million individuals aged 65 years and above. Cities in Japan and South Korea in particular are facing rapid growth in terms of aging population thus, leading to higher incidences of osteoporosis and arthritis and creating demand for orthopedic devices especially artificial joints within Asia Pacific region. Changes in the Healthcare Policies: Orthopedic procedures are becoming more affordable and accessible due to government healthcare reforms. In countries such as Japan and Korea, patients have to pay less out of the pocket expenses and it is even more affordable for elderly population. More individuals are choosing to undergo elective procedures and are also becoming aware of knee disorders and related treatments. However in India, price capping regulations of orthopedic devices have negatively impacted the profit margins for most of the companies. Increased Mergers and Acquisitions: M&A is driving the orthopedics medical device sector at a fast pace due to downward pressure from several factors such as reimbursement and pricing, utilization of costly procedures and increasing commoditization. The international orthopedic device companies have adopted a number of approaches to increase their presence in the APAC region and also focused towards getting approvals to establish their presence in the local market. Although majority of these activities have taken place in India, China, Japan, Australia and Korea; Among the overseas markets that global medical device companies are paying attention to are Malaysia, Thailand, Indonesia, and Vietnam, which have fast economic growth and a large population base. These countries have a common policy of improving public health and building public and private health care infrastructures, which is becoming an opportunity market for the domestic and global orthopedic device industry. Sedentary Lifestyles and Obesity: Along with rising life expectancy, increasingly sedentary lifestyles and surge in incidence of obesity, Asia pacific is witnessing a resultant rise in orthopedic problems as a natural consequence; Central Asia has the highest number of obese and overweight adults at 49.3% (according to industry reports, 2017). China has one of the largest overweight populations in the world, and obesity is a major public health concern. In addition, Asia’s increased urbanization, which is currently evaluated at 50.0% (in accordance with the UN) has also led to many more car accidents and injuries requiring orthopedic medical devices and treatment. Key Segments Covered By Country China Japan Australia Korea India Taiwan Thailand New Zealand Singapore Malaysia Hong Kong Vietnam Pakistan Indonesia Bangladesh Philippines By Type of Treatment Joint By Type of Joint Implant Knee Hip Others (Extremities, Shoulders, Wrist, Ankle and other Joints) Spine By Type of Spinal Implant Fusion Non Fusion Trauma By Type of Trauma Implant Internal Fixation External Fixation Orthobiology & Sports Medicine By Type of End User Multispecialty Hospitals Orthopedic Specialty Hospitals Key Target Audience Orthopedic Device Manufacturers Orthopedic Device Distributors / Traders / Wholesalers Orthopedic Device Subcomponent Manufacturers Industry Association Hospitals Time Period Captured in the Report: Historical Period: 2013 -2018 Forecast Period: 2019-2025 Companies Covered: Asia Pacific Region Stryker Medtronic Smith and Nephew Zimmer Biomet J&J Key Topics Covered in the Report Asia Pacific Orthopedic Device Market Value Chain Analysis Asia Pacific Orthopedic Device Market Overview Asia Pacific Orthopedic Device Market Trends Asia Pacific Orthopedic Device Market Challenges Asia Pacific Orthopedic Device Market Future Projections Asia Pacific Orthopedic Device Market Segmentation by Country Asia Pacific Orthopedic Device Market Segmentation by Type of treatment Asia Pacific Orthopedic Device Market Segmentation by Type of End User Competition Analysis of Asia Pacific Orthopedic Device Companies Country Profiles – India, China, Korea, Japan For more information on the research report, refer to below link:- Orthopedic Device Market Related Reports India POCT Market Outlook to 2023 – By Major Devices (Blood Glucose Testing Kits, Infectious Disease Testing Kits, Blood Gas Electrolytes, Pregnancy and Fertility Testing Kits, Cardio Metabolic Monitoring, Anticoagulant Management, Cholesterol Testing Kits and Others), By End Users (Hospitals & Clinics, Consumers/ Individuals, Diagnostic Labs, Home Healthcare and Others), By Distribution Channel (Distributors and Direct Sales), By Consumables and Instruments and By Region Europe POCT Devices Market Outlook to 2022 – by Geography (Western Europe & Eastern Europe), by Product (Blood Glucose POCT, Infectious POCT, Cardiac POCT, Rapid Coagulation POCT, Blood Gas & Electrolytes POCT, Hematology POCT, Pregnancy POCT, Urinalysis POCT, Cholesterol POCT, Fecal Occult POCT, Hb1Ac POCT & Drugs of Abuse POCT), by Customer Segments (Hospitals & Clinics, Diagnostics Labs & Primary Care Units and Homecare & Patients) Global Hearing Aid Market Outlook to 2023 – By Hearing Aid Devices (By Ear and By Canal) and Hearing Implants (Cochlear implants and BAHA implants), By Region (Americas, Europe, Asia-Pacific and RoW), By Type of Distribution channel (Audiology & ENT clinics, Hospitals and Pharmacies) Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: APAC Orthopaedic market, APAC Orthopedic Market, Artificial joint Sales 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