Global Orthopedic Devices Market, By Products (Reconstructive Joint Replacements, Spinal Implants, Trauma and Craniomaxillofacial, Dental Implants, and Orthobiologics), Device Type (Internal Fixation Devices, External Fixation Devices), Biomaterial (Metallic Biomaterials, Polymeric Biomaterials, Ceramic Biomaterials, Natural Biomaterials, and Others), Procedures (Open Surgery, Minimally Invasive Surgery (MIS)), End Users (Hospitals, Ambulatory Care Center, Specialized Clinics, Orthopedic Centers, Others) – Industry Trends and Forecast to 2029
Market Analysis and Size
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.
Orthopedic devices are used to replace or support a missing or damaged bone or joint in a patient's body. The orthopedic devices are intended to cure deformities or fractures, among other things, in order to restore normal skeletal function and stable body posture. The orthopedic devices market has transformed as a result of technological advancements, which has resulted in a shift away from traditional surgical methods and toward the usage of current fixation and prosthetic devices.
COVID-19 Impact on Orthopedic Devices Market
This was predicted to have a detrimental influence on the need for orthopedic sessions, which are often performed in outpatient settings. The emergence of COVID-19 has had an influence on the market, as hospital and health-care services have been severely constrained by governments around the world in response to societal unrest. Furthermore, the COVID-19 outbreak has impacted the worldwide economy and has had a considerable influence on regular hospital care for non-COVID-19 patients in hospitals all over the world. Due to the closure of many hospitals and clinics, the demand for digital bone devices is expected to decline in the near future.
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.
Orthopedic Devices Market Regional Analysis/Insights
The 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.
Competitive Landscape and Orthopedic Devices Market Share Analysis
The orthopedic devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to orthopedic devices market.
Some of the major players operating in the orthopedic devices market are:
- 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)
- CONMED Corporation (U.S)
- Integra LifeSciences Corporation (U.S)
- RTI Surgical (U.S)
- W. L. Gore & Associates, Inc. (U.S)
- Corin Group (U.S)
- Johnson & Johnson Services, Inc. (U.S)
Access Full Report:- https://www.databridgemarketresearch.com/reports/global-orthopedic-devices-market
Healthcare Infrastructure growth Installed base and New Technology Penetration
The orthopedic devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for orthopedic devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the orthopedic devices market. The data is available for historic period 2010-2020.
Request Access for Sample Report:-
Major TOC of the Report
2 MARKET SEGMENTATION
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
Get TOC of the Report:-
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best Market opportunities and foster efficient information for your business to thrive in the Market
Data Bridge Market Research
Browse Related Reports@