Asia Pacific Orthopedic Device Market Future Outlook And Projections, 2018-2025: 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 By Type of Treatment: The Artificial Joint segment has traditionally been the most revenue generating segment for orthopedic device companies. Trauma segment has become mature with a lot of players entering the market. The increase in spinal disorders and cervical diseases has complemented the growth of spinal implants. The revised medical device regulations in certain countries in Asian region over the years have dampened the profitability due to rising complexity of import from US and Europe. Companies have invested in new technology based products and services that have given rise to Robotic and Minimally Invasive surgeries which require minimum surgical procedures and short stays at hospitals. To learn more about this report Download a Free Sample Report By Type of Joint Implant: The Joint segment has traditionally been driven by knee and hip joints. Apart from the aging population, countries such as China are labor intensive hence, their joints wear out faster as compared to other countries, creating a demand for joints replacement. Also, most of the Asian countries have designed their healthcare in a way to reduce the burden and share of out of the pocket expenses for implant surgery; this trend is majorly driven in Japan and Korea. Revenues for Artificial Joint market are directly correlated to geriatric population, number of orthopedic specialty hospitals and number of orthopedic doctors. With rising life expectancy, increasingly sedentary lifestyles and surge in incidence of obesity, Asia pacific is expected to witness a resultant rise in orthopedic device sales. By Type of Trauma Implant: Due to the low level of expertise involved in the manufacture of trauma implants, the market has attained maturity and is an essential source of revenue for the orthopedic device market. Internal fixations have majorly dominated the market due to the ease of post surgery procedures. By Type of Spinal Implant: Continued growth is expected in the spine market over the long term because there is an increasing demand for motion preservation technologies. Fusion devices still make up the largest market share for spinal devices due to the high cost of surgery, but the non-fusion market is expected to grow through 2025. By Type of End User: With the increase in disposable income in most of the Asian countries, most of the individuals are now able to afford better healthcare. This has led to an increase in influx of patients in big multispecialty hospitals in some regions. However, with increase in the number of orthopedic doctors, the number of orthopedic specialty hospitals is expected to increase in coming years. Another added advantage of orthopedic specialty hospital is the less amount of Capex required as compare to multispecialty hospitals. Asia Pacific Orthopedic Device Market Competition Scenario The competition in the Asia Orthopedic Device market is concentrated among ~ players to the extent of ~%. The market was observed to have more than ~ players operating; with just ~ companies operating globally. While companies compete on the basis of profit margins offered towards the bottom of value chain, the shift is more towards physicians as they act as major influencers for consumer’s choice. Asia Pacific Orthopedic Device Market Future Outlook And Projections, 2018-2025 The future projections in the Asia Pacific Orthopedic Device market is forecasted to grow from USD ~ Million in 2018 to nearly USD ~ Million by 2023, at a CAGR of ~%. The growth is expected due to increase in local manufacturing in the Asia Pacific region because of the initiatives taken by the government to promote domestic manufacturing in order to reduce dependence on imports, however less developed nations are expected to rely on imports from Asian nations or from US or Europe. China Orthopedic Device Market, 2013-2023 Market Overview And Size, 2018-2023 The China Orthopedic Device Market attained an absolute growth of ~% with revenue of USD ~ million for the duration of 2013-2018. The reported CAGR for the period 2013-2018 was evaluated at ~%. Specifically, the overall market share of Artificial Joints in Orthopedic Medical Devices is ~%, remaining the largest with a CAGR of ~% for the Period 2013-2018. However, its growth has slowed down due to the deceleration of the national construction industry and stricter drunk driving control in China. In Comparison with Other segments, as China evolves into an aging society, the growth of the joint and spine OMD has speed up; hip joint segment is expected to grow with highest CAGR as compared to knee at ~% for the period 2018-2025. With China’s focus on localization of Orthopedic Medical Devices, the domestic manufacturers’ market share has been increasing, with 2018 market share at ~% based on revenue generated in the market. China Orthopedic Device Market Segmentation, 2013-2018 The market for Treatment includes Joints, Spine, Trauma, Orthobiology and Sports medicine. The end user includes Multispecialty and Orthopedic Specialty hospitals, with Orthopedic Specialty holding nearly ~% of the market share, while the Multispecialty segment accounts for ~%. Other segments include by Type of Joint. This Knee segment accounts for nearly ~% of the market. China Orthopedic Device Market Competition Scenario The competition landscape in China is concentrated, with nearly ~% market by revenue held by ~ companies for the 2018. Global Companies acquire a market share of due to recent mergers and acquisitions in the market. Jie Tabang is the third largest company in terms of total revenue for 2018. The company has held an average market share of nearly ~% during the period. China Orthopedic Device Market Future Outlook and Projections, 2019F-2025F With the gradual establishment of a legal environment in China and the rapid growth of the industry, China’s orthopedic device market has become the Asia Pacific’s largest market. The CAGR for the period 2018-2025 of China’s orthopedic device industry is expected to be ~%. The dependence on Imports for the orthopedic devices is expected to decrease to ~% in 2025. For more information on the research report, refer to below link:- Orthopedic Device Industry Research Report 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 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) 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) Contact Us: Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: APAC Orthopaedic market, APAC Orthopedic Market, Artificial joint Sales India, Artificial Joint Segment Market Asia, Asia Fixation Device market, Asia Internal Fixation Device Market, Asia Orthopaedic Market, Asia Orthopedic Implant manufacturers, Asia Orthopedic Import Market, Asia Orthopedic industry, Asia Orthopedic Industry Report, Asia Orthopedic reconstruction, Asia Pacific Orthopedic Device Exporter, Asia Pacific Orthopedic Device Importer, Asia Pacific Orthopedic Device Industry, Asia Pacific Orthopedic Device Industry Lifecycle, Asia Pacific Orthopedic Device Industry Research Report, Asia Pacific Orthopedic Device Manufacturer, Asia Pacific Orthopedic Device Market, Asia Pacific Orthopedic Device Market Application, Asia Pacific Orthopedic Device Market Forecast, Asia Pacific Orthopedic Device Market Future Outlook, Asia Pacific Orthopedic Device Market Growth, Asia Pacific Orthopedic Device Market Key Players, Asia Pacific Orthopedic Device Market Overview, Asia Pacific Orthopedic Device Market Research Report, Asia Pacific Orthopedic Device Market Revenue, Asia Pacific Orthopedic Device Market Sales, Asia Pacific Orthopedic Device Market Scope, Asia Pacific Orthopedic Device Market Segmentation, Asia Pacific Orthopedic Device Market share, Asia Pacific Orthopedic Device Market Size, Asia Pacific Orthopedic Device Market Trends, Asia Pacific Orthopedic Device Market Value, Asia Pacific Orthopedic Device Suppliers, Asia Spinal Fusion Devices Market, Asia Spinal Implants market, Asia Spinal Non Fusion Device Market, Asia Trauma market, Business Models Operating in Asia Orthopedic Market, China Orthopedic Device Manufacturing Hub, China Orthopedic Industry Report, Clinical Trials Orthopedic, Competition Involved in orthopedic Device Segment China, Growing Popularity of Orthopedic Devices Asia, Healthcare Providers in Asia Pacific, Hip Surgeries Market in China, Hip Surgeries Market in Japan, Hip Surgeries Market Korea, Import of Orthopedic Devices Market Asia Region, Increasing Medical Tourism Asia, Japan Orthopedic industry, Knee Replacement Market China, Knee Replacement Market in Japan, Knee Replacement Surgery India, Knee Surgeries Average Cost India, Knee Surgeries Market in China, Major companies in Asia trauma market, Major Orthopedic Device Manufacturers Asia, Major Players Orthopedic Device market Asia, Major players spine market Asia, Markt für orthopädische Geräte im asiatisch-pazifischen Raum, Mergers and Acquisitions Asia, Number of Orthopedic Hospitals Asia, Orthobilogy Market Japan, Orthobiology and sports medicine China, Orthopedic Companies Revenue Asia, Orthopedic device sale within Asia, Orthopedic Specialty Hospitals in Japan, Spinal implant revenue Asia, Stryker Market Share Japan, Stryker Revenue Share India, Top Healthcare Institutions in Asia, Trauma Revenue China, Азиатско-Тихоокеанский рынок ортопедических приспособлений, سوق الأجهزة المحيط الهادئ في آسيا, アジア太平洋地域の整形外科デバイス市場, 亚太骨科器械市场, 아시아 태평양 정형 외과 장치 시장