Orthopedic implants are surgically placed inside the body to replace or support a missing or damaged bone or joint.
Orthopedic implants are surgically placed inside the body to replace or support a missing or damaged bone or joint. They are manufactured by using stainless steel and titanium alloys, as well as ceramics and polymers. These are used to stabilize body posture, treat deformities, and restore normal skeletal function. These implants have broad applications in orthopedic injuries, fractures, and other areas. They can be permanently placed inside the human body or withdrawn after the desired result.
- Based on product, the global orthopedic implants market is segmented into plates and screws, nails and rods, pins and wires, others.
- Based on application, the market is segmented into reconstructive joint replacements, spine implants, dental implants, trauma implants, orthobiologics and others.
- On the basis of end-users, the market is bifurcated into hospitals, orthopaedic clinics, ambulatory surgical centres and others.
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Orthopedic Implants Market Competition Landscape and Key Developments:
- Smith and Nephew Plc.
- Zimmer Biomet Holdings, Inc.
- Stryker Corporation
- Johnson & Johnson (DePuy Synthes)
- Medtronic
- Wright Medical Group N.V.
- Arthrex, Inc.
- CONMED Corporation.
- Globus Medical Inc.
- DJO Finance LLC
COVID-19 first began in Wuhan (China) during December 2019, and since then, it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, UK, Turkey, Italy, and Spain are some of the worst affected countries in terms of confirmed cases and reported deaths. The pandemic outbreak had significantly affected the market due to worldwide lockdown; there were fewer road accidents and associated injuries. The treatment of various orthopedic disorders was delayed as the appointments were postponed and canceled. All the focus was shifted towards COVID-19 patients, which affected the orthopedic implants market growth. Moreover, the outbreak has also disrupted the supply chain, put restrictions on trade, and caused a lack of workforce, thereby affecting the business and negatively impacting the market growth. However, the market may experience growth after the upliftment of imposed restrictive measures and companies resuming their operations and adapting to the new normal.
Drivers:
- Rise in incidences of orthopedic diseases.
- Rise in the geriatric population.
- Technological advancements in the field of orthopedic implants, such as robot-assisted surgical tools.
- Rise in orthopedic implants adoption.
Restraints:
- High costs of orthopedic implant procedures.
- Stringent government policies for approval.
The report specifically highlights the Orthopedic Implants market share, company profiles, regional outlook, product portfolio, a record of the recent developments, strategic analysis, key players in the market, sales, distribution chain, manufacturing, production, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors related to the market to help the new entrants understand the market scenario better.
The report specifically highlights the Orthopedic Implants market share, company profiles, regional outlook, product portfolio, a record of the recent developments, strategic analysis, key players in the market, sales, distribution chain, manufacturing, production, new market entrants as well as existing market players, advertising, brand value, popular products, demand and supply, and other important factors related to the market to help the new entrants understand the market scenario better.
To comprehend global Orthopedic Implants market dynamics in the world mainly, the worldwide market is analyzed across major global regions: North America (United States, Canada and Mexico), Europe (Germany, France, United Kingdom, Russia and Italy), Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Australia), South America (Brazil, Argentina), Middle East & Africa (Saudi Arabia, UAE, Egypt and South Africa)
Our Sample Report Accommodate a Brief Introduction of the research report, TOC, List of Tables and Figures, Competitive Landscape and Geographic Segmentation, Innovation and Future Developments Based on Research Methodology
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