Research and Markets: Orthopedic Devices Market to 2017 - Spinal Surgery and Advanced Prosthetics Products to be Major Growth Driver

DUBLIN--(BUSINESS WIRE)--

Research and Markets (http://www.researchandmarkets.com/research/e24295/orthopedic_devices) has announced the addition of the "Orthopedic Devices Market to 2017 - Spinal Surgery and Advanced Prosthetics Products to be Major Growth Driver" report to their offering.

GBI Research's report, Orthopedic Devices Market to 2017 - Spinal Surgery and Advanced Prosthetics Products to be Major Growth Driver provides key data, information and analysis on an emerging countries orthopedic devices market. The report provides market landscape, competitive landscape and market trends information on ten orthopedic devices market categories - Joint reconstruction, spinal surgery, orthobiologics, trauma fixation, arthroscopy, orthopedic braces and supports, orthopedic prosthetics, cranio maxillofacial fixation (CMF), orthopedic accessories, orthopedic reamers.

The report provides comprehensive information on the key trends affecting these categories, and key analytical content on the market dynamics. The report also reviews the competitive landscape with major acquisitions and mergers in the last five years and a detailed analysis of the pipeline products in each category. This report is built using data and information sourced from proprietary databases, primary and secondary research and in-house analysis by GBI Research's team of industry experts.

Orthopedic Devices Market to Grow at a CAGR of 7.6% from 2010-2017

The global orthopedic devices market is forecast to reach a value of $61.3 billion by 2017 from a market value of $36.7 billion in 2010 at a CAGR of 7.6%. Emerging markets will provide the most growth for orthopedic device companies in the near future. The US and European markets will suffer from low consumer confidence due to the debt crisis following the global financial crisis of 2008. In addition, many governments are enacting healthcare reforms to reduce budget deficits.

This additional pressure to reduce government deficits and increase taxes on corporations will significantly reduce profits for medical device companies. However, new products that target minimally invasive surgery for orthopedic patients and trauma fixation will be key drivers for the market.

Companies Mentioned:

• DePuy Inc
• Stryker Corporation
• Zimmer Holdings
• Medtronic
• Synthes
• Smith & Nephew
• Biomet

For more information visit http://www.researchandmarkets.com/research/e24295/orthopedic_devices