Asia Pacific Orthopedic Device Industry Revenue is expected to reach around USD 14 Billion by 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 The market is driven by increased geriatric population in the region coupled with increase in osteoporosis and osteoarthritis cases. According to Asian development bank, Asia is home to more than 500 million individuals aged 65 years and above as of 2018; this number is expected to reach 923 million by middle of this century. The decline in costs associated with implants in certain countries has increased the affordability of procedures. This is mainly due to government regulations; however it has negatively impacted certain companies. For instance in India, after the medical device act came into play, the knee implant costs was capped by 69% of the usual amount of USD 2,100. Mergers and acquisitions in the market are expected to rise in emerging as well as developing markets due to the revised regulations of classifying the medical devices as per the FDA standards. These regulations have made it difficult for global players to export certain items; hence companies are entering market majorly by acquisitions such as Stryker’s acquisition of Trauson holdings in China (orthopedics segment) in the year 2013. Trade Wars may Hamper Domestic Market Growth: The ongoing trade wars have made it difficult for certain domestic companies to sell their products in US and China. Apart from this, trade war between Korea and Japan might affect the overall medical device sector of both the countries. The recent sanctions on China medical devices imposed a 25.0% tariff on the medical devices segment; hence raising the price of products. The continuation of these sanctions will have a negative impact on Asia Pacific orthopedic device industry as majority of revenue for the region comes from China. Increasing Focus on R&D: An accelerating shift in Asian domestic manufacturers’ expenditure towards R&D in medical devices landscape is already leading to the increase in the total number of innovative products. There is more competition for innovative programs and less regulations of clinical studies; hence increasing the number of clinical trials. As R&D capabilities of the domestic companies increase, they will be able to offer much large portfolio of products such as their international competitors. A large number of domestic Asian companies are trying to produce products, which are at par with quality as compared to imported products’ enabling them to charge a better price as compared to earlier products. Increasing Medical tourism in the Asia Pacific Region: International organizations are beginning to recognize the potential value of the Asian orthopedic device market owing to the continuing expansion of medical tourism. The country has a level of technological sophistication and infrastructure that will enable it to maintain a strong position in this sector. The medical tourism is majorly driven by private sector healthcare providers as they constantly upgrade their technology and infrastructure and provide better healthcare as compared to government in certain regions of Asia Pacific. The trend is further expected to grow over long term. 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. 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, Click on the Link Below:- 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) Related Reports by Ken Research:- 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 Post Views: 2 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