Recon

Smith & Nephew Sees Big Chinese Market For Replacement Joints

LONDON (Dow Jones)–Smith & Nephew PLC (SN.LN), Europe’s biggest maker of orthopedic implants by revenue, is developing small joints for Chinese patients, as part of an effort to expand sales in a country its chief executive says may one day rival the U.S. as the world’s biggest market for replacement hips and knees.

The Chinese government has earmarked $123 billion of economic stimulus cash for building hospitals and providing healthcare to the country’s 1.3 billion inhabitants, some of whom will need new joints as arthritis, injuries and old age take their toll.

Smith & Nephew wants to sell them those … (SUBSCRIPTION REQUIRED)

About the author

Josh Sandberg

Josh Sandberg has been an executive search consultant focused exclusively on orthopedic and spine start-ups since 2004. He has had a tremendous impact in helping his clients avoid costly hiring mistakes by his deep industry knowledge and network. In 2010, Josh co-founded Ortho Spine Companies, which is the parent company of Ortho Spine Distributors (OSD), Surg.io and Ortho Sales Partners (OSP). OSD a searchable database that helps ease the frustration of finding orthopedic distributors throughout the country. Surg.io is the ultimate distributor toolkit that offers distributors the tools necessary to build the foundation of a scalable and highly functioning sales organization. OSP is an end-to-end solution that helps companies approach the Global Market in a cost efficient way. Our team has hundreds of years of experience and can help you navigate the many challenges present in bringing new technologies to the market.

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