Orthopedic Artificial Joints Market Overview in South Korea
In value terms, orthopedic artificial joints production amounted to $308M in 2010 estimated in export prices. The total output value increased at an average annual rate of +8.4% from 2007 to 2010; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2008 with an increase of 27% y-o-y. Orthopedic artificial joints production peaked at $355M in 2009, and then declined slightly in the following year.