The key companies in the global orthopedic devices market together accounted for 52.6% of the overall market value in 2007.
Online PR News – 28-December-2009 – – The key companies in the global orthopedic devices market are DePuy, Inc., Stryker Corporation, Zimmer Holdings, Inc., Biomet, Inc., Smith & Nephew Plc, Medtronic, Inc., Synthes, Inc.., which together accounted for 52.6% of the overall market value in 2007.
The orthopedic devices market, valued at $35.8 billion in 2008, is expected to grow at a robust pace of 9% over the 2008 – 2015 period. With a share of 13.5%, orthopedic devices constitute the second largest market within the medical equipment industry.
The key players in the market are characterized by their broad product portfolios ranging across the various orthopedic device categories, widespread geographic reach, and key product offerings in the major as well as niche market segments. These companies are expected to remain the key players through constant innovation, and organic and inorganic means of growth.
This analysis was taken from a research paper published by GlobalData, to download the full Research Paper for free, click below:
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