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| Kalorama: Growing Elderly Population Drives Orthopedic Device Market | ||
| By: PR Newswire Association LLC. - 04 Mar 2015 | Back to overview list |
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NEW YORK, March 4, 2015 /PRNewswire/ -- The strongest driver of demand in the global orthopedic device market is the increasing elderly population, according to Kalorama Information. The finding was made in a recent report from the healthcare market research publisher, Global Orthopedic Device Market. An aging population coupled with other risk factors such as obesity is contributing to the rise in orthopedic incidence worldwide. Demand for innovative product designs and the trend toward cost effective solutions will drive orthopedic device market technology. Global Orthopedic Device Market can be found at KI: http://www.kaloramainformation.com/Global-Orthopedic-Device-8757580/. "As the elderly population grows, so do incidences of falls, osteoarthritis, bone injuries, osteoporosis and obesity," said Mary Ann Crandall, the author of the report. "This increases the need for orthopedic devices." The device market does face challenges, though, due to issues of economics, demographics, technology and international opportunities. The report contains market size and expected growth, outlining the positive and negative influences affecting the orthopedic device market, especially those seen in the reconstructive portion of the market but also in the trauma and spine portions as well. The market includes:
A number of issues and trends affect this market, influencing its move into the future. Global Orthopedic Device Market discusses these:
Large and small companies are involved in the development and/or marketing of orthopedic devices. Developing and developed markets alike have room to grow due to the aging population worldwide. Among the top and/or innovative competitors discussed within the report's Corporate Profiles are:
All market data pertain to the world market at the manufacturers' level. The base year for data was 2014. Historical data was provided for the years 2012, 2013 and 2014, with forecast data provided for 2015 through 2019. Compound annual growth rates (CAGRs) are provided for 2012-2014, 2014-2019, and 2012-2019 periods for each region and/or segment covered. Competitive analysis is provided for the year 2014. The forecasted market analysis for 2014-2019 is largely based on demographic trends, new developments, innovative technology and global expansion. Global Orthopedic Device Market can be found at KI: http://www.kaloramainformation.com/Global-Orthopedic-Device-8757580/. About Kalorama Information Contact: Logo - http://photos.prnewswire.com/prnh/20140801/132634
SOURCE Kalorama Information 
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| Copyright 2015 PR Newswire Association LLC. | Back to overview list | |