In 2015, the orthopedic applications accounted for the largest market share of 30.08%. The increasing incidence of diseases such as musculoskeletal disorders,obesity, trauma, osteoporosis, and other orthopedic conditions among the aging population is one of the primary drivers for the acceptance of medical ceramics.Asia-Pacific (APAC) is the fastest growing market for medical ceramics, with China and India being the leading countries. The market in the region is foreseen to grow at a CAGR of 8% to reach $4.35 million by 2020. China is the leading manufacturer of ceramic products worldwide. Apart from China and India, Japan, Indonesia, and Australia are the countries that account for a considerable demand in the region.The demand for medical ceramics in APAC is on the rise due to the rising incidence of trauma and orthobiological injuries.In 2015, bioinert materials accounted for a share of 39.92% in the market. Thesebioinert materials are used as substitutes for metallic implants. Bioinert materials are also used in the manufacture of orthopedic implants as they show remarkable hardness.

The Americas was the largest segment of the global military mobile computing systems market in 2015, accounting for a share of 49.17%, followed by EMEA with a share of 29.72%, and APAC with a share of 21.11%.In 2015, the major market shares were held by the US and Europe.Various national-level programs such as the US Joint Tactical Network (JTNC) program, Europe’s ESSOR, and other initiative programs initiated by governments of countries such as Germany, France, Italy, and Spain are increasing the growth of the market in the European region.The US DOD and other government services are focusing on the benefits and risks of bring-your-own-device (BYOD) policies. However, the DOD currently prohibits government data on personal devices owing to the risk of sensitive data beingexposed.The US DOD mandates the use of Federal Information Processing Standard (FIPS) validated encryption on devices, which is not currently in-built in commercial devices such as tablets or smartphones.In future conflicts, it is expected that the commanders and non-military leaders will need to work simultaneously to achieve a coherent set of military and non-military effects against the adversary, resulting in the need for innovations in mobile computing systems for seamless communications.

BMI View: Bulgaria represents one of the smallest medical device markets in the EU. We expect it to register a mid single-digit local currency CAGR over the 2015-2020 period. The market is largely reliant upon imports which are primarily sourced from other EU member states. Market growth will be dependent upon increasing healthcare funding and the success of efforts to develop the private sector.

The history of automobile suspension systems dates back to beginning of the 19th century, when automobiles were invented. That time, internal combustion engine powered vehicles were in the embryo stage and only two innovations were made to form the vehicle's suspension system. For the first time, front coil springs were used along with dampeners, which acted as shock absorbers for minimizing vibrations in vehicles. Later, suspension systems saw the use of new setup with leaf springs, which were less expensive and flexible in terms of changing shape so as to accommodate varying weights. This system was initially used by European automakers. Then came the development of independent rear suspension systems, which offered better driving with improved handling and stability characteristics. Automakers also started using air springs, which combined spring and shock absorbers into a single unit providing even better comfort, though costlier than conventional suspension systems.

Around 4%-6% of the global population is affected by lower back pain, and also the number of spondylolisthesis cases in gymnasts, weight lifters, and football linesmen and women is on the rise. Surgeons estimate that one in 10 individuals suffering from spine disordersrequire surgery. In the US, about 450,000 spinal fusion procedures were performed in 2015, which corresponds to about 0.13% of theUS population. The average cost of lumbar spine fusion procedure is about $34,500. Total spine fusion procedures generated about $15.3billion in the US in 2015. It was estimated that about 84% of the bone grafts are used in spine surgeries (spinal fusion procedures) to relieve back and neck pain. This rise in the number of spinal fusion surgeries will result in increased sales of lumbar spine fusion devices.

New products with two level disc replacement application in cervical spines are going to be the next trend in the market. Such devices are expected to boost the cervical artificial disc segment. In August 2016 LDR, a medical device company,announced that the FDA had approved the sales and distribution of its artificial disc replacement product named Mobi-C Cervical Disc. This is the only deviceapproved in the US for use in one- and two-level disc replacement in the cervical spine.In this report, Technavio covers the present scenario and growth prospects of the global motion preservation market for 2016-2020.

The growing number of military bases across the globe is a major driver of the market, as it would result in the increased development and deployment of military load carriage systems to augment the combat readiness of the armed troops.The regional tensions in the Middle East (especially in Iran, Iraq, Israel, Lebanon,and Turkey) and Eastern European countries (especially in Belarus, Bulgaria,Greece, Italy, and Ukraine) are driving the need for military load carriage systems. The evolution of lightweight wearables is the latest trend emerging in the market because they are lighter than the conventional load-carrying systems and enable added protection when countering attacks against hostile enemy advances. Due to the continued focus by the defense authorities on lightening the loads, the military wearable load carriage systems market is projected to register a faster growth, posting a CAGR of 4.45% during the forecast period.

家电板块内个股陆续发布业绩预告16 年增长亮眼，17 年估值切换后重点公司估值重回低位，板块稳健基本面的价值属性在市场上进一步显现，安全边际高系统风险防御性强的家电龙头标的极具配臵价值，建议关注格力电器、美的集团、小天鹅A。

本周(2017/2/6-2/10)家电板块表现强于沪深300 指数。本周申万家用电器板块指数上涨1.8%，强于沪深300 指数1.5%的涨幅。重点公司中，乐金健康（9.0%）、天银机电（7.3%）、蒙发利（7.2%）领涨，奥马电器（-2.4%）、青岛海尔（-1.0%）、小天鹅A（-0.6%）领跌。