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Date Submitted: 04/25/2016 04:39 AM
An endoprosthesis is an artificial device which replaces a missing body part such as lower and upper body extremities and other organs or parts of the body. It is a science which deals implantation of mechanical devices within human skeleton, peripheral vascular system, cardiovascular system and nervous systems, and other body parts to assist the motor control lost by any disease or disorder. Prosthesis find its application as replace component in missing extremity, such as knee, femur, and wall stent endoprosthesis. Endoprosthesis needed for a variety of reasons, accidents, diseases and disorders, and congenital defects. Endoprosthesis market has huge potential in terms of revenue generation and it’s fuelled by growing demand for novel technologies and treatment methods.
Endoprosthesis Market: Drivers and Restraints
Technological advancements in endoprosthesis enables effective treatment, rising awareness for prosthetics in orthopedic injuries are fuelling the growth of end prosthesis market and is expected to exhibit a significant growth in near future. Increasing prevalence of orthopedic disorders and peripheral vascular diseases is another major factor. Knee and hip osteoarthritis prevalence is increasing at rapid pace owing to increase in number of geriatric population. Rising awareness among patients and healthcare service providers pertaining to advanced technologies, would provide long term opportunity to growth of endoprosthesis market. However, limited reimbursement policies in low and middle income countries and substandard performance of local product are the major bottlenecks of the market.
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Endoprosthesis Market: Segmentation
Global endoprosthesis Market can be segmented into product types, end user and region:
By Product Type:
Wall Stent Endo prosthetics
Prosthetics Aortic Valves
Prosthetics Mitral Valves
Prosthetics Pulmonary...