Rest-of-World Markets Show Growth Potential
With the increasing awareness of patients about reconstructive surgery and their desire to lead active lives, the number of orthopedic procedures in the Rest-of-World (ROW) market is expected to swell. The average selling price of implants is expected to rise. Anticipated growth in the number of procedures and the rise in average selling price are likely to result in market expansion.
This deliverable is a strategic analysis of World Orthopedic Implants Markets. It offers revenue forecasts by market segment and covers key drivers and restraints affecting market growth. It also provides strategic recommendations to overcome market challenges.
Technology Innovation Increases Average Selling Prices
Orthopedic equipment companies are increasingly spending heavily on research and development to design implants that can last longer. The life of implants is very important, especially for younger patients who choose reconstructive surgery. Minimally invasive reconstructive surgery methods are being developed by several companies. The advent of outpatient or minimally invasive implant procedures is expected to encourage patients to opt for reconstructive surgery with the almost certain possibility of leading active lives.
Adjunct Technology Expected to Boost Acceptance of Orthopedic Implants
Image-guided surgery systems for orthopedics are targeted toward improving implant positioning, balancing, and alignment, which increase not only the longevity of the implant but also patient's comfort and movement. These systems are helping in the development of minimally invasive orthopedic procedures by providing 3D data of patients' anatomy to help surgeons.
|