China Orthopedic Implant Market: Government Policies and Surging Demand for Joint Replacement and Trauma Fixation
The China Orthopedic Implant Market is a massive and rapidly growing sector, heavily influenced by national government policies, a colossal and aging population, and rising injury rates. The core of the market is driven by the surging demand for both joint replacement (primarily knees and hips) due to the increasing prevalence of age-related degenerative conditions like osteoarthritis, and trauma fixation devices resulting from higher rates of road traffic accidents and industrial injuries associated with rapid urbanization and industrialization. Government initiatives, particularly the Volume-Based Procurement (VBP) program, are the single most significant factor currently shaping the market.