2014-02-17 05:48:01 - Indian Orthopedic Biomaterials Markets - a new market research report on companiesandmarkets.com
The Indian orthopedic biomaterials market is expected to reach $71.6 million by 2019. The bone graft substitute segment constitutes the majority of the Indian orthopedic biomaterials market, and is the fastest growing segment.
The Indian orthopedic biomaterials market comprises autologous bone grafts, bone graft substitutes (segmented into allografts, synthetics and demineralized bone matrices) and hyaluronic acid (HA) viscosupplementation. The overall market is still relatively young in India and is expected to continue to grow as a result of the aging Indian population and as new competitors enter the market.
Further growth in the overall market is fuelled by the Indian government´s efforts to improve healthcare coverage across the country, and by the increasing disposable income of Indian citizens.
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