Orthopedic Devices market business report contains a chapter on the universal Orthopedic Devices market and all its linked companies with their profiles, which presents valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies.
Orthopedic Devices market business report contains a chapter on the universal Orthopedic Devices market and all its linked companies with their profiles, which presents valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. This market research report not only saves precious time but also add credibility to the work. By keeping end users at the centre point, a team of researchers, forecasters, analysts and industry experts work exhaustively to formulate this market report. Orthopedic Devices market analysis document provides the professional and in-depth study on the current state for the healthcare industry.
Data Bridge Market Research analyses that the orthopedic devices market which was USD 4,603.62 million in 2021, would rocket up to USD 7505.26 million by 2029, and is expected to undergo a CAGR of 6.3% during the forecast period 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Leading Key Players Operating in the Orthopedic Devices Market Includes:
• Zimmer Biomet (U.S)
• Smith & Nephew plc (Germany)
• Medtronic (Ireland)
• Stryker (U.S)
• Braun Melsungen AG (Germany)
• NuVasive, Inc. (U.S)
• DJO, LLC (U.S)
• Institut Straumann AG (Switzerland)
• OSSTEM IMPLANT CO., LTD. (South Korea)
• Narang Medical Limited (U.S)
• Globus Medical (U.S)
• Arthrex, Inc. (U.S)
An international Orthopedic Devices market report contains numerous aspects of the market analysis which many businesses call for. This market research report comprises of a chapter on the global market and all of its associated companies with their profiles, which gives important information and data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies. The large scale Orthopedic Devices report also presents a profound overview of product specification, technology, applications, product type and production analysis considering major factors such as revenue, cost, and gross margin about healthcare industry.
Global Orthopedic Devices Market Scope
The orthopedic devices market is segmented on the basis of product, type, biomaterial and end- user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
• Reconstructive Joint Replacements
• Knee Replacement Implants
• Hip Replacement Implants
• Extremities
• Upper Extremity Reconstruction
• Elbow
• Shoulder
• Hand Wrist
• Lower Extremity Reconstruction
Type
• Knee
• Hip
• Wrist and Shoulder
• Dental
• Spine
• Ankle
• Others
End-User
• Hospitals
• Orthopedic Clinics
• Ambulatory Signal Centers
• Others
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Orthopedic Devices Market, By Region:
The Global Orthopedic devices market is analysed and market size insights and trends are provided by country, product, type, biomaterial and end-user as referenced above.
The countries covered in the orthopedic devices market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is predicted to dominate the market due to an ageing population and an increase in incidences of orthopaedic disorders, while the presence of important companies in the area will fuel market expansion.
Asia Pacific is likely to grow at the fastest rate due to developing economies such as China and India, while government initiatives on research and development projects and investment in enhancing healthcare infrastructure will drive market expansion from 2022 to 2029.
Orthopedic Devices Market Dynamics:-
Drivers:
Rise in the geriatric population
• An ageing population and increased prevalence of osteoarthritis and osteoporosis around the world are driving the global market. Furthermore, increased medical tourism and technological improvements have played an important role in the global market's expansion. The orthopedic devices market is being driven by factors such as an increase in the geriatric population, a high risk of osteoporosis and osteoarthritis, as well as an increase in joint replacement and sports accidents around the world. Over the forecast period of 2022 to 2029, fractures and trauma cases are also expected to increase the orthopedic devices market. Furthermore, technical advancements such as 3D printing and smart sensors, both of which have a high product penetration, are boosting market growth.
Advent of 3D printing technology
• This has gained a lot of attraction among medical device manufacturers for making patient-specific implants, prototypes, and biodegradable implants, among other things, propelling the industry forward.
Significant rise in the number of osteoporosis patients
• In the coming years, advances in limiting side effects are projected to generate profitable prospects for the orthopedic business. Obesity and diabetes, for example, have been linked to an increase in the incidence of degenerative joint disease, particularly among the elderly. As more young people engage in sports and fitness activities, the number of accidents associated with these activities rises. This has resulted in a rise in demand for orthopaedic devices all around the world.
Table of Contents: Global Orthopedic Devices Market
1 Introduction
2 Market Segmentation
3 Executive Summary
4 Premium Insight
5 Market Overview
6 Covid-19 Impact on Orthopedic Devices in Healthcare Industry
7 Global Orthopedic Devices Market, by Product Type
8 Global Orthopedic Devices Market, by Modality
9 Global Orthopedic Devices Market, by Type
10 Global Orthopedic Devices Market, by Mode
11 Global Orthopedic Devices Market, by End User
12 Global Orthopedic Devices Market, by Geography
13 Global Orthopedic Devices Market, Company Landscape
14 Swot Analysis
15 Company Profiles
16 Questionnaire
17 Related Reports
For More Insights Get Detailed TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-orthopedic-devices-market
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