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Orthopedics Market Research Reports

The worldwide orthopedic industry always remains one of the most active industry within the medical fraternity. This industry is usually divided into prosthetics industry, orthotics industry and the orthopedic equipment industry.

Orthopedic instruments mainly consist of materials and biomaterials that are used for joint reconstruction. These substances carry out the activities of fracture part reduction, bone operation and replacement of joints. With fast growth of orthopedics device industry, there has been a substantial development in minimally invasive and non-invasive methods.

In modern times, musculoskeletal problem has evolved as a prime health issue and a cause of concern for the people all around the globe. These health issues and its symptoms are usually observed in elderly persons all across the world. As per the American academy of orthopedic surgeons, it is predicted that generally one in every four persons in USA suffer from one or another kind of musculoskeletal damage. The market for such damages is projected at 181 billion US dollars.

The Orthopedic devices market is sensitive to the global market charges in such economic environments where expenses of musculoskeletal problems  musculoskeletal problems treatment are high and duration of recuperating is greater, keeping patients away from the tasks for prolonged periods.

Some of the main market sections within the orthopedic equipment sector are orthobiologics and artificial joints. It is predicted that orthopedic prosthetics market will touch the profit margin of nearly 20 billion US dollars by the end of year 2015. Few of the main growth drivers in this industry are deteriorating joint ailments like arthritis, osteoporosis, osteoarthritis and rheumatoid arthritis commonly observed in aging population as well as increasing acceptance of joint replacement surgeries among the people who want to live an active life.

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