|[March 14, 2014]
Research and Markets: Concise Analysis of the Chinese Orthopedic Instrument Industry
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/m8h7bk/china_orthopedic)
has announced the addition of the "Concise
Analysis of the Chinese Orthopedic Instrument Industry" report
to their offering.
Benefiting from aging of population, consumption upgrade and policy
support, China's orthopedic instrument industry has seen rapid
development over the years, with total market size rising from 3.28
billion yuan in 2006 to 9.85 billion yuan in 2012.
Trauma products, spine products and joint products constitute the three
major market segments of Chinese orthopedic instrument industry. In
2012, the three principal products accounted for an aggregate market
share of about 82.2%, of which, trauma products showed the highest,
approximately 35.5%, with market size up 18.24% YoY; spine and joint
products rankd second (up 12.6% YoY) and third (up 12.4% YoY),
In recent years, along with the increasing investment of foreign-funded
enterprises in China, the trend of foreign monopoly has been more
evident. After the acquisition of Synthes in 2012, Johnson & Johnson has
turned into the largest company in China's orthopedic instrument market,
with market share of both trauma and spine products occupying the first
In November 2012, Medtronic purchased KangHui Medical for $816 million,
thus making an important step in Chinese orthopedic instrument market
localization. Compared with Medtronic's high-end positioning, affordable
KangHui products can help Medtronic expand low- and medium-end markets
in emerging countries and regions (including China). In 2012, Medtronic
(including KangHui Medical) occupied 15.9% of China's spine market.
Key Topics Covered:
1. Overview of Orthopedic Instrument Industry
2. Development of Global Orthopedic Instrument Industry
3. Development of China Orthopedic Instrument Industry
4. Development Environment for China Orthopedic Instrument Industry
5. Key Companies in China
Beijing AKEC Medical Co. Ltd. (AKEC)
Beijing Lidakang Science and Technology Co., Ltd.
Beijing Montagne Medical Device Co., Ltd.
Johnson & Johnson
Renli Orthopedics Medical Instrument Limited Company
Shanghai Kinetic Medical Co., Ltd. (KMC)
Suzhou Xinrong Best Medical Instrument Co,. Ltd.
Tianjin Walkman Biomaterial Co., Ltd.
United Orthopedic Corporation
For more information visit http://www.researchandmarkets.com/research/m8h7bk/china_orthopedic
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