Orthopedic Products : A booming Business

The orthopedic product industry is anticipated to be a $35.5 billion globally and the demand for various orthopedic products has been constantly increase resulting in a billion dollar industry. Various analyst and market research companies anticipate the growth of the orthopedic products can attain a growth rate of 3.5% annually and the revenue can reach $38.0 billion by 2015.

Industry growth is supported by demand drivers such as the aging of the population, individuals’ desire to remain active later in life, the increasing prevalence of obesity, and the expansion of healthcare coverage.Spine, knees, hips, and trauma products make up more than 65% of the total orthopedic products market. Increased outsourcing by OEMs and supplier consolidation will drive above market growth for outsourced precision manufacturers.

One can always focus on such business if looking for good returns, One can certainly venture into orthopedic product business by being a Distributors of and established manufacturer of orthopedic and physio products.

In case, you are looking to be a distributor for any orthopedic products, we can assist you in acquiring a distributorship of a leading orthopedic products manufacturer in India.