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Japanese Markets for Orthopedic Trauma Devices
Japanese markets for orthopedic trauma devices
Millennium Research Group, A Decision Resources, Inc. Company

The Japanese trauma device market, comprising internal and external fixation devices, was valued at over $460 million in 2004. This market will experience appreciable growth over the forecast period, driven largely by the growing trend toward minimally invasive forms of surgery. The promotion of innovative implant systems, such as Synthes’ Locking Compression Plates (LCPs), and the development of the hospital business with advanced education of trauma surgeons will also boost device demand. Despite these factors, market growth will be limited by the periodic downward revision of reimbursement by the Japanese Ministry of Health, Labor and Welfare (MHLW) in an attempt to control prices. As well, limiters specific ...

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