Pune, India, Oct. 27, 2022 (GLOBE NEWSWIRE) -- MarketStudyReport recently added latest report, global orthopedic devices market is anticipated to record a 4.2% CAGR during the forecast period.
Along with describing how they will affect market revenues during the duration of the evaluation, it also goes into detail about key elements that have influenced the dynamics of the marketplace rivalry. Following that, the study examines how COVID-19 affected the companies’ profitability in prior years.
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High frequency of orthopedic disorders including degenerative bone disease, as well as the expanding geriatric population, and the rising number of traffic accidents are the major growth determinants for global orthopedic devices market.
For the unversed, medical equipment known as orthopedics is employed in the diagnosis, treatment, and prevention of musculoskeletal disorders and injuries. These tools support the fractured bone while also helping to repair missing or broken skeleton parts.
Market segment overview:
On the basis of application ambit, the industry is divided into craniomaxillofacial (CMF) orthopedic devices, sports injuries, extremities, & trau8nma (SET) orthopedic devices, dental orthopedic devices, knee orthopedic devices, spine orthopedic devices, and hip orthopedic devices. Out of which, the knee orthopedic devices segment is projected to capture a massive market share during the forecast period.
In terms of product terrain, worldwide orthopedic devices market is branched into screwdrivers, distractors, custom clamps, implant holders, guide tubes, drill guides, and accessories.
On the basis of surgery type, the industry is categorized into minimally invasive surgery and open surgery. Among these, the minimally invasive surgery segment is projected to expand significantly during the analysis timeframe, owing to its growing demand.
Speaking of end-user ambit, the market is classified into orthopedic clinics, hospitals, and others. Out of which, the hospital segment is projected to capture a major chunk of share over the coming years.
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Regional scope:
Regionally, the latest trends are studied across Western Europe (UK, Benelux, France, Spain, Nordic, Germany, Italy, rest of Western Europe), Asia Pacific (Australia, South Korea, China, ASEAN, India, Japan, Rest of APAC), Middle East & Africa (GCC, Turkey, South Africa, Rest of MEA), Latin America (Mexico, Brazil, Rest of Latin America), Eastern Europe (Poland, Russia, rest of Eastern Europe), and North America (U.S. and Canada). Among these, North America market is poised to expand significantly over the forecast duration.
Competitive dashboard:
DonJoy Inc, Conmed Corporation, Aesculap, Inc., Orthofix Medical Inc., Globus Medical, Inc., Zimmer Biomet Holdings Inc., B. Braun Melsungen AG, NuVasive Inc., Stryker Corporation, DePuy Synthes, and Medtronic plc are the leading players in global orthopedic devices industry.
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Global Orthopedic Devices Market, By Application (Value, USD, 2019-2028)
- Craniomaxillofacial (CMF) Orthopedic Devices
- Sports Injuries, Trauma, and Extremities (SET) Orthopedic Devices
- Dental Orthopedic Devices
- Spine Orthopedic Devices
- Knee Orthopedic Devices
- Hip Orthopedic Devices
Global Orthopedic Devices Market, By Product (Value, USD, 2019-2028)
- Accessories
- Screw Drivers
- Distractors
- Custom Clamps
- Implant Holder
- Guide Tubes
- Drill Guide
Global Orthopedic Devices Market, By Surgery Type (Value, USD, 2019-2028)
- Minimally Invasive Surgery
- Open Surgery
Global Orthopedic Devices Market, By End-User (Value, USD, 2019-2028)
- Orthopedic Clinics
- Hospitals
- Others
Global Orthopedic Devices Market, Geographical Fragmentation (Value, USD, 2019-2028)
North America
- U.S
- Canada
Latin America
- Mexico
- Brazil
- Rest of Latin America
Europe
- Poland
- Russia
- Nordic
- Benelux
- Italy
- France
- Spain
- UK
- Germany
- Rest of Europe
Asia Pacific
- Australia
- South Korea
- India
- China
- Japan
- ASEAN
- Rest of Asia Pacific
Middle East & Africa
- Turkey
- South Africa
- GCC
- Rest of MEA
Global Orthopedic Devices Market, Company Profiles (Value, USD, 2019-2028)
- DonJoy Inc
- Conmed Corporation
- Aesculap, Inc.
- Orthofix Medical Inc.
- Globus Medical, Inc.
- Zimmer Biomet Holdings Inc.
- B. Braun Melsungen AG
- NuVasive Inc.
- Stryker Corporation
- DePuy Synthes
- Medtronic plc
Table of Contents
1. Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
2. Assumptions and Acronyms
3. Executive Summary
3.1. Global Market in 2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
4. Research Methodology
5. Analysis of COVID-19 Impact and Road Ahead
6. Market Indicators and Background
6.1. Macro-Economic Factors
6.1.1. Global Population Overview and Forecast
6.1.2. Healthcare Spending by Country
6.1.3. Per Capita Healthcare Expenditure by Country
6.2. Forecasting Factors
Robust assessment of various factors including industrial performance, industry players' expenditures, and economic conditions among others
6.3. Supply Chain & Value Chain Analysis
6.3.1. Orthopedic Devices Manufacturers
6.3.2. Technology Integrators
6.3.3. Key End Users
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter's Five Forces Analysis
7. Government Laws and Industry Regulations
8. Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
9. Global Orthopedic Devices Market: Key Investment Analysis
9.1. By Key Industry Players
9.2. By Region
9.3. M&A Activities
Robust assessment of major investments made by various industry players along with key application areas, technological assessment, and key end-use sector
10. Pricing Analysis
10.1. By Application
10.2. By Product
10.3. By Region
11. Parent Market Overview: Global Medical Device Market
12. Segmental Analysis
13. Regional Analysis
Related Report:
Global Orthopedic Devices Market 2022 - Snapshot
Global orthopedic devices Market size is expected to rise by USD 9 billion with a CAGR of 3.2% by the end of 2028. This industry report offers market estimates of the global market, followed by a detailed analysis of the application, end user, and region. The global market data on orthopedic devices can be segmented by application: arthroscopy, cranio maxillofacial fixation (CMF), joint reconstruction, Orth biologics, orthopedic bone cement and casting materials, orthopedic braces and supports, orthopedic power tools and consumables, spinal surgery, trauma fixation, others. The orthopedic devices market is further segmented by end user: hospitals, specialty clinics, others. The hospitals segment was the largest contributor to the global orthopedic devices market in 2021. Based on region, the orthopedic devices market is segmented into: North America, Asia Pacific, Europe, Rest of the World (ROW).
Global Orthopedic Biomaterial Market 2022-2028
The global orthopedic biomaterial market is expected to increase by USD 12 billion, at a compound annual growth rate (CAGR) of 7.1% from 2022 to 2028, according to the latest edition of the Global Orthopedic Biomaterial Market Report. The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global orthopedic biomaterial market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the orthopedic biomaterial industry. Materials used in orthopedic implants are generally used for fracture fixation enhancement, joint replacement or dynamic stabilization. These include reconstructive implants, fracture management products, spinal products, rehabilitation products, arthroscopy products, electrical stimulation products, casting products etc.
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