The Asia Pacific CMF device market differs significantly from the US and Europe CMF spaces due to a number of factors, including the wide range of domestic product options available and the extremely high incidence of motor vehicle accidents in China and India.
This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for CMF devices in the Asia Pacific region across a 10-year period.
Strong competition between MNCs and domestic players continues to drive downward price pressure in China, India, and to some extent, South Korea.
What strategies are domestic manufacturers employing in CMF device market segments?
Which segments continue to display revenue growth despite downward price pressure?
What strategies can MNCs use to compete with low-cost domestic companies?
The aging population, rising middle class, and recent policy changes in China and India will largely dictate the growth of the overall market.
To what extent will procedure volumes grow within the Chinese market and why?
How will health care reforms affect the growth potential of these markets?
What impact will the introduction of Ayushman Bharat have in India?
Procedure volume growth and the adoption of premium devices are also key drivers of CMF device market expansion despite budget consciousness among facilities in the region.
What factors drive adoption of premium-priced devices in the Asia Pacific region?
How readily will 3-D printed CMF devices be adopted in the Asia Pacific countries?
Which product segments are seeing increased penetration of premium-priced devices?
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Author(s): Swarnadip Dutta, MBA
Swarnadip Dutta is a team lead within the Orthopedics, Dental, and Aesthetics Medtech Insights team at Decision Resources Group, specializing in the fields of dental implants, joint reconstruction, and craniomaxillofacial devices. Swarnadip holds a Master's degree in Bioinformatics and Biotechnology from SRM University, an MBA in Operations Management, and a Six Sigma Green Belt certification from the Indian Statistical Institute.
Follow Swarnadip on Twitter: @Swarnadip_DRG.