Small Bone and Joint Orthopedic Devices Market in US, Japan, China, Brazil and India till 2019

The demand for Orthopedic Devices was driven by an aging population and an increased awareness for small bone and joint procedures.

In 2012, the total U.S. market for small bone and joint orthopedic devices was valued at over $2 billion. The U.S. small bone and joint orthopedic device market includes shoulder reconstruction implants, elbow repair devices, hand and wrist devices, foot and ankle devices and shape memory staples. All of these segments were experiencing positive growth in 2012. Capitated pricing has been affecting the shoulder reconstruction and hand and wrist devices market segments, which is negatively impacting the overall market. The ASPs of products in smaller market segments like the foot and ankle devices and shape memory staples market segments however are not being affected yet by capitated pricing. Overall, the strong positive growth in all segments will allow the entire market to grow rapidly over the 2012-2019 forecast period.

For more information on US market visit:  U.S. Market for Small Bone & Joint Orthopedic Devices

In 2012, the total Japanese market for small bone and joint orthopedic devices was valued at $69.5 million. The success of large joint implants in Japan has caused surgeons and patients alike to become more comfortable with the prospect of small bone and joint replacement. Small bone and joint replacement product innovation has also improved efficacy

For more information on Japanese market visit: Japanese Small Bone & Joint Orthopedic Devices Market

The total Chinese market for all small bone and joint orthopedic devices will grow at a CAGR of 12.7% over the forecast period. In china the overall market has been somewhat affected by centralized tendering and reimbursements imposed by the Chinese government, which have caused manufacturers to reduce their prices.

For more information on Chinese market visit:  Chinese Small Bone & Joint Orthopedic Devices Market

In 2012, the total Brazilian market for small bone and joint orthopedic devices approached $127 million. Small joint prosthetics, particularly those for the hand and foot, are very new to the Brazilian market. The growth of this market largely depends on foreign competitors gaining regulatory approval for their products in Brazil and on domestic competitors developing their own devices.

For more information on Brazilian market visit: Brazilian Small Bone & Joint Orthopedic Devices Market

The total Indian orthopedic devices market for all small bone and joint orthopedic devices will grow at a CAGR of 13.6% over the forecast period. The overall market has been somewhat affected by reimbursements imposed by the Indian government which has influenced manufacturers to reduce their products prices. The increasing popularity of large joint implants in India has caused surgeons and patients alike to become more comfortable with the prospect of small bone and joint replacement. Small bone and joint replacement product innovation has also improved efficacy. Overall, the strong positive growth in all segments will allow the entire market to grow rapidly over the 2012–2019 forecast period.

For more information on Indian market visit:  Indian Small Bone & Joint Orthopedic Devices Market