Categories
Pharmaceutical

Orthopedic Devices Market is Poised to Grow Moderately at a CAGR of 4.0% During Forecast Period 2021-2031

250 Pages Orthopedic Devices Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

According to Fact MR’s recent market research, sales of Orthopedic Devices to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.

Focus on improving overall patient care will remain a chief growth driver. Besides this, Orthopedic Devices market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

To remain ‘ahead’ of your competitors, request for a sample – https://www.factmr.com/connectus/sample?flag=S&rep_id=4780

 

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Orthopedic Devices market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Orthopedic Devices

The report offers actionable and valuable market insights of Orthopedic Devices. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Orthopedic Devices Market across various industries and regions.

Global orthopedic devices market analysis by product by Fact.MR

This newly published and insightful report sheds light on Market Insights of Orthopedic Devices, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Orthopedic Devices Market.

Need more information about Report Methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=4780

Global Orthopedic Devices: Market Segmentation

Fact.MR has studied the global orthopedic devices market with detailed segmentation on the basis of product, end-user, and region.

Product

  • Joint Reconstruction:
    • Hip Replacement:
    • Total Hip Replacement Implant
    • Partial Hip Replacement Implant
    • Hip Resurfacing Implant
    • Revision Hip Replacement Implant
  • Knee Replacement:
    • Total Knee Replacement Implant
    • Partial Knee Replacement Implant
    • Revision Knee Replacement Implant
    • Elbow & Shoulder Replacement
    • Others
  • Spinal Devices:
    • Spinal Fusion Devices
    • Spinal Non-fusion Devices
  • Trauma Fixation:
    • Metal Plates & Screws
    • Pins/Wires
    • Nails and Rods
    • Others
  • Orthopedic Prosthetics:
    • Lower Extremity Orthopedic Prosthetics
    • Upper Extremity Orthopedic Prosthetics
    • Arthroscopy Devices
  • Orthopedic Braces and Support:
    • Upper Extremity Braces and Support
    • Low Extremity Braces and Support
  • Orthopedic Accessories:
    • Bone Cement
    • Casting System
    • Removal Systems
  • Others

End-User

  • Hospitals
  • Orthopedic Clinics
  • Ambulatory Surgical Centers
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.”

Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/4780

Key Takeaways of Global Orthopedic Devices Market Study:

  • By product, the joint reconstruction segment shall dominate the market, acquiring a market share exceeding 30%. This is followed by the spinal devices segment, capturing 1/4th of the global orthopedic devices market. A large patient pool awaiting joint replacements and technological advancements in neurological surgeries are key growth drivers.
  • By end-user, orthopedic clinics are expected to gain significant traction. The segment is poised to expand 1.3x in the forecast period. However, the hospitals segment shall continue its dominance, capturing nearly half of the global orthopedic devices market.
  • By region, North America is expected to dominate the global orthopedic devices market, while Asia-Pacific shall expand the fastest. Growth in demand for orthopedic surgeries has attracted key market players to establish their businesses in North America while rising per capita healthcare expenditure is stimulating market growth in Asia-Pacific.

“Rising emphasis on technological innovations is anticipated to accelerate the growth of the global orthopedic devices market. Key manufacturers are exploiting this knowledge to develop new pipeline products,” infers a Fact.MR analyst.

Robust Product Portfolio, Key to Market Players’ Strong Presence:

The global orthopedic devices market is consolidated, dominated by the following top four players: Zimmer Biomet, Johnson & Johnson, Stryker and Smith & Nephew. Collectively, these companies account for nearly 55% of the market share. Therefore, the degree of competition from new entrants is quite low. Innovations in 3D printing and personalization implants technology are anticipated to fuel the growth of emerging players in the hip implants sub-segment. Important players in the hip implants segment include Smith & Nephew, DJO Global, Inc., Wright Medical Group N.V., and Exactech, Inc.

In 2017, Zimmer Biomet Holdings dominated the hip implants sub-segment, with a strong brand image and robust product portfolio. Its products included the Taperloc Hip System, the Arcos Modular Hip System and the G7 Acetabular System. Likewise, Stryker has a robust product portfolio, offering devices in the craniomaxillofacial, foot & ankle, joint replacement, spine and trauma & extremities segments. Its brands are Allograft Bio Implants, Delta, Advanced Midface Distractor and MEDPOR TITAN 3D Orbital Floor to name a few.

Read More Trending Reports of Fact.MR- https://www.biospace.com/article/demand-for-tricuspid-valve-repair-rising-as-congenital-and-rheumatoid-heart-disease-cases-increase-fact-mr/

Report Benefits & Key Questions Answered

  • Orthopedic Devices Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
  • Orthopedic Devices Historical volume analysis: The report provides a comparison of Orthopedic Devices’s historical sales and projected sales performance for 2021-2031.
  • Orthopedic Devices Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Orthopedic Devices market. It carefully gauges the impact of changing healthcare needs of key demographics globally
  • Orthopedic Devices Consumption by demographics: The report investigates consumer behavior affecting Orthopedic Devices demand outlook for the assessment period. Effect of their keenness for digital trends on Orthopedic Devices market is carefully analyzed
  • Post COVID consumer spending on Orthopedic Devices: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Orthopedic Devices market growth.

More Valuable Insights on Orthopedic Devices Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Orthopedic Devices, Sales and Demand of Orthopedic Devices, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

Explore Fact.MR’s Comprehensive Coverage on Healthcare Domain:

Fluoro Enzymatic Assays Market – Global Industry Analysis and Opportunity Assessment 2021 – 2031

Shower Chairs Market – Global Industry Analysis and Opportunity Assessment 2021 – 2031

Infrared Thermometer Market – Global Industry Analysis and Opportunity Assessment 2021 – 2031

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:

11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Email: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

Categories
Pharmaceutical

Sales Of Orthopedic Devices Market To Significantly Rise During 2022 – 2031 : FactMR

The global orthopedic devices market is set to expand modestly, registering a moderate CAGR of 4.0% throughout the forecast period (2020-2026). A rapidly expanding geriatric population pool as well as increasing incidence rates of accidents and sports injuries are major factors contributing to the growth of the global orthopedic devices market. Moreover, technological advancements such as minimally invasive surgeries, artificial intelligence, 3D-bioprinting and tissue engineering, custom-made implants and development of variable axis screw systems are anticipated to provide a significant boost to the market.

Click HERE To Get A SAMPLE (Including Full TOC, Table & Figures) At- https://www.factmr.com/connectus/sample?flag=S&rep_id=4780

However, the coronavirus pandemic is anticipated to limit growth prospects, with patients delaying elective surgical procedures in favor of treatment for COVID-19 infected patients. However, with social distancing measures being relaxed, the market is expected to witness a gradual resurgence, attributed to the restoration of production and manufacturing capacities of key industrial players, thus ameliorating the demand-supply gap.

Key Takeaways of Global Orthopedic Devices Market Study:

  • By product, the joint reconstruction segment shall dominate the market, acquiring a market share exceeding 30%. This is followed by the spinal devices segment, capturing 1/4th of the global orthopedic devices market. A large patient pool awaiting joint replacements and technological advancements in neurological surgeries are key growth drivers.
  • By end-user, orthopedic clinics are expected to gain significant traction. The segment is poised to expand 1.3x in the forecast period. However, the hospitals segment shall continue its dominance, capturing nearly half of the global orthopedic devices market.
  • By region, North America is expected to dominate the global orthopedic devices market, while Asia-Pacific shall expand the fastest. Growth in demand for orthopedic surgeries has attracted key market players to establish their businesses in North America while rising per capita healthcare expenditure is stimulating market growth in Asia-Pacific.

Need More Information About Report Methodology? Click Here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=4780

Robust Product Portfolio, Key to Market Players’ Strong Presence:

The global orthopedic devices market is consolidated, dominated by the following top four players: Zimmer Biomet, Johnson & Johnson, Stryker and Smith & Nephew. Collectively, these companies account for nearly 55% of the market share. Therefore, the degree of competition from new entrants is quite low. Innovations in 3D printing and personalization implants technology are anticipated to fuel the growth of emerging players in the hip implants sub-segment. Important players in the hip implants segment include Smith & Nephew, DJO Global, Inc., Wright Medical Group N.V., and Exactech, Inc.

In 2017, Zimmer Biomet Holdings dominated the hip implants sub-segment, with a strong brand image and robust product portfolio. Its products included the Taperloc Hip System, the Arcos Modular Hip System and the G7 Acetabular System. Likewise, Stryker has a robust product portfolio, offering devices in the craniomaxillofacial, foot & ankle, joint replacement, spine and trauma & extremities segments. Its brands are Allograft Bio Implants, Delta, Advanced Midface Distractor and MEDPOR TITAN 3D Orbital Floor to name a few.

Impact of COVID-19:

The COVID-19 pandemic is anticipate to significantly restrict growth prospects for the global orthopedic devices market in the short-run. This is because patients are delaying elective procedures until the aftermath of the pandemic, resulting in reduce capital purchases such as advanced orthopedic devices. This is set to create a decline in key manufacturers’ revenue due to falling sales.

Full Access Of This Exclusive Report Is Available At-  https://www.factmr.com/checkout/4780/S

However, a resurgence is anticipated in the latter-half of 2020 when the pandemic recedes significantly. As patients undergo orthopedic surgeries at that time, the demand for technologically enhanced devices will regain momentum. Presently, several countries have eased the curbs on social distancing, enabling important manufacturers to resume production operations, thus bridging the demand-supply gap.

Looking for more information?

The research study on the global orthopedic devices market by Fact.MR incorporates an unbiased assessment of key factors and trends responsible for shaping the landscape of the global orthopedic devices market over 2020-2026. It includes a detailed assessment of key parameters that are anticipated to exert influence during 2020-2026. Market statistics have been presented on the basis of product (joint reconstruction, spinal devices, trauma fixation, orthopedic prosthetics, arthroscopy devices, orthopedic braces and support, orthopedic accessories and others) and end-user (hospitals, orthopedic clinics, ambulatory surgical centers and others) across five major regions.

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:

Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com

 

Categories
Pharmaceutical

Orthopedic Devices Market is Poised to Grow Moderately at a CAGR of 4.0% During Forecast Period 2021-2031

250 Pages Orthopedic Devices Market Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

According to Fact MR’s recent market research, sales of Orthopedic Devices to swell at propelled CAGR through 2031, as investment towards expansion of healthcare infrastructure continues rising. The goal of the survey is uncover growth opportunities, key trends, growth drivers, and challenges. It also provides recommendations to assist businesses in preparing for unforeseen challenges.

Focus on improving overall patient care will remain a chief growth driver. Besides this, Orthopedic Devices market will continue gaining from increasing willingness among patients and families to spend on advanced healthcare.

To remain ‘ahead’ of your competitors, request for a sample – https://www.factmr.com/connectus/sample?flag=S&rep_id=4780

To offer an in-depth overview, the report provides sales projections for over 20 countries. It also identifies segments exhibiting maximum growth.

Digital Transformation in Healthcare Presenting Opportunities for Orthopedic Devices Market Growth

Healthcare organizations around the world are deploying digital tools to accommodating changing consumer preferences. They are pressing on solving the long-standing challenge pertaining to care model innovation.

Considering this, the focus on making healthcare affordable and more transparent will increase. Adoption of care model innovation in healthcare will have a profound impact on the Orthopedic Devices market.

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Orthopedic Devices market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Orthopedic Devices

The report offers actionable and valuable market insights of Orthopedic Devices. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Orthopedic Devices Market across various industries and regions.

This newly published and insightful report sheds light on Market Insights of Orthopedic Devices, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Orthopedic Devices Market.

Global Orthopedic Devices: Market Segmentation

Fact.MR has studied the global orthopedic devices market with detailed segmentation on the basis of product, end-user, and region.

Product

  • Joint Reconstruction:
    • Hip Replacement:
    • Total Hip Replacement Implant
    • Partial Hip Replacement Implant
    • Hip Resurfacing Implant
    • Revision Hip Replacement Implant
  • Knee Replacement:
    • Total Knee Replacement Implant
    • Partial Knee Replacement Implant
    • Revision Knee Replacement Implant
    • Elbow & Shoulder Replacement
    • Others
  • Spinal Devices:
    • Spinal Fusion Devices
    • Spinal Non-fusion Devices
  • Trauma Fixation:
    • Metal Plates & Screws
    • Pins/Wires
    • Nails and Rods
    • Others
  • Orthopedic Prosthetics:
    • Lower Extremity Orthopedic Prosthetics
    • Upper Extremity Orthopedic Prosthetics
    • Arthroscopy Devices
  • Orthopedic Braces and Support:
    • Upper Extremity Braces and Support
    • Low Extremity Braces and Support
  • Orthopedic Accessories:
    • Bone Cement
    • Casting System
    • Removal Systems
  • Others

Need more information about Report Methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=4780

End-User

  • Hospitals
  • Orthopedic Clinics
  • Ambulatory Surgical Centers
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.”

Key Takeaways of Global Orthopedic Devices Market Study:

  • By product, the joint reconstruction segment shall dominate the market, acquiring a market share exceeding 30%. This is followed by the spinal devices segment, capturing 1/4th of the global orthopedic devices market. A large patient pool awaiting joint replacements and technological advancements in neurological surgeries are key growth drivers.
  • By end-user, orthopedic clinics are expected to gain significant traction. The segment is poised to expand 1.3x in the forecast period. However, the hospitals segment shall continue its dominance, capturing nearly half of the global orthopedic devices market.
  • By region, North America is expected to dominate the global orthopedic devices market, while Asia-Pacific shall expand the fastest. Growth in demand for orthopedic surgeries has attracted key market players to establish their businesses in North America while rising per capita healthcare expenditure is stimulating market growth in Asia-Pacific.

“Rising emphasis on technological innovations is anticipated to accelerate the growth of the global orthopedic devices market. Key manufacturers are exploiting this knowledge to develop new pipeline products,” infers a Fact.MR analyst.

Robust Product Portfolio, Key to Market Players’ Strong Presence:

The global orthopedic devices market is consolidated, dominated by the following top four players: Zimmer Biomet, Johnson & Johnson, Stryker and Smith & Nephew. Collectively, these companies account for nearly 55% of the market share. Therefore, the degree of competition from new entrants is quite low. Innovations in 3D printing and personalization implants technology are anticipated to fuel the growth of emerging players in the hip implants sub-segment. Important players in the hip implants segment include Smith & Nephew, DJO Global, Inc., Wright Medical Group N.V., and Exactech, Inc.

In 2017, Zimmer Biomet Holdings dominated the hip implants sub-segment, with a strong brand image and robust product portfolio. Its products included the Taperloc Hip System, the Arcos Modular Hip System and the G7 Acetabular System. Likewise, Stryker has a robust product portfolio, offering devices in the craniomaxillofacial, foot & ankle, joint replacement, spine and trauma & extremities segments. Its brands are Allograft Bio Implants, Delta, Advanced Midface Distractor and MEDPOR TITAN 3D Orbital Floor to name a few.

Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/4780

global orthopedic devices market analysis by product by Fact.MR
Report Benefits & Key Questions Answered

  • Orthopedic Devices Category and segment level analysis: Fact MR provides a detailed analysis of the factors influencing sales growth across key segments. It highlights key growth drivers and provides useful information for identifying sales prospects at the regional and local level.
  • Orthopedic Devices Historical volume analysis: The report provides a comparison of Orthopedic Devices’s historical sales and projected sales performance for 2021-2031.
  • Orthopedic Devices Manufacturing trend analysis: The report offers a detailed analysis of manufacturing trends in the Orthopedic Devices market. It carefully gauges the impact of changing healthcare needs of key demographics globally
  • Orthopedic Devices Consumption by demographics: The report investigates consumer behavior affecting Orthopedic Devices demand outlook for the assessment period. Effect of their keenness for digital trends on Orthopedic Devices market is carefully analyzed
  • Post COVID consumer spending on Orthopedic Devices: Healthcare industry has been largely influenced by COVID-19 pandemic. The Fact MR Market survey analyzed consumer spending post COVID-19. It assesses how current trends that will influence expenditure on healthcare services, thus affecting Orthopedic Devices market growth.

More Valuable Insights on Orthopedic Devices Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Orthopedic Devices, Sales and Demand of Orthopedic Devices, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

Explore Fact.MR’s Comprehensive Coverage on Healthcare Domain:

Fluoro Enzymatic Assays Market – Global Industry Analysis and Opportunity Assessment 2021 – 2031

Shower Chairs Market – Global Industry Analysis and Opportunity Assessment 2021 – 2031

Infrared Thermometer Market – Global Industry Analysis and Opportunity Assessment 2021 – 2031

Read More Trending Reports of Fact.MR-

https://www.biospace.com/article/demand-for-tricuspid-valve-repair-rising-as-congenital-and-rheumatoid-heart-disease-cases-increase-fact-mr/

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office:

11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com

 

Categories
Pharmaceutical

The Global Demand of Orthopedic Devices Market, Growth Analysis, Latest Trends and Forecast till 2031

Orthopedic Devices Market size is done based on a triangulation methodology that is primarily based on experimental modelling approaches such as patient-level data or disease epidemiology for any key indications , number of procedures and install base analysis for any equipment to obtain precise market estimations  for the base year as well as in historic data analysis.

Bottom-up approach is always used to obtain Orthopedic Devices insightful data for the specific country/regions. The country specific data is again analyzed to derive data at a global level. Specific factors/parameters are considered related to the individual Orthopedic Devices market and quantified with insightful rationale.

Increasing prevalence of diseases across the globe is generating huge demand for advanced healthcare system. As a result, more and more technologically advanced medical devices are being employed to aid medical Practitioners and professionals in medical setups.

The Demand analysis of Orthopedic Devices Market offers a comprehensive analysis of diverse features, demand, product developments, revenue generation, and sales of Orthopedic Devices Market across the globe.

Click Here To get a Sample Report (Including Full TOC, Table & Figures):-https://www.factmr.com/connectus/sample?flag=S&rep_id=4780

Global Orthopedic Devices: Market Segmentation

Fact.MR has studied the global orthopedic devices market with detailed segmentation on the basis of product, end-user, and region.

Product

  • Joint Reconstruction:
    • Hip Replacement:
    • Total Hip Replacement Implant
    • Partial Hip Replacement Implant
    • Hip Resurfacing Implant
    • Revision Hip Replacement Implant
  • Knee Replacement:
    • Total Knee Replacement Implant
    • Partial Knee Replacement Implant
    • Revision Knee Replacement Implant
    • Elbow & Shoulder Replacement
    • Others
  • Spinal Devices:
    • Spinal Fusion Devices
    • Spinal Non-fusion Devices
  • Trauma Fixation:
    • Metal Plates & Screws
    • Pins/Wires
    • Nails and Rods
    • Others
  • Orthopedic Prosthetics:
    • Lower Extremity Orthopedic Prosthetics
    • Upper Extremity Orthopedic Prosthetics
    • Arthroscopy Devices
  • Orthopedic Braces and Support:
    • Upper Extremity Braces and Support
    • Low Extremity Braces and Support
  • Orthopedic Accessories:
    • Bone Cement
    • Casting System
    • Removal Systems
  • Others

End-User

  • Hospitals
  • Orthopedic Clinics
  • Ambulatory Surgical Centers
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.”

Technological Innovation in Medical Devices Revolutionizing the Healthcare System

The medical device industry is a heterogeneous, innovative and dynamic sector. From telemedicine to artificial intelligence, robotic surgery and 3D printing, technology is revolutionizing the healthcare industry.

The intersection of healthcare and technology has led to numerous advancements in medical devices. New age medical technology has transformed the way doctors and patients participate and interact with each other. Introduction of advanced medical devices such as drug-device combinations (DDCs), preventive and predictive equipment’s, self-care devices is completely transforming the medical world.

Increasing investments by public and government bodies inhealthcare sector is positively impacting the Orthopedic Devices market. Governments across the globe are introducing various initiatives to strength the medical device sector with major emphasis on research and development (R&D).

Orthopedic Devices manufacturing companies and healthcare service providers have started offering personalized patient care and access to complete end-to-end medical device products and services. They are focusing on developing and enhancing product prototyping and minimizing operation cost.

With the onset of COVID-19 pandemic the sales of Orthopedic Devices witnessed a huge upsurge and the trend is likely to continue in the future.

Need More information about Report Methodology? Click here:-https://www.factmr.com/connectus/sample?flag=RM&rep_id=4780

Some Notable Offerings by Fact.MR Report on Orthopedic Devices market:

  • We will provide you an analysis of the extent to which this Orthopedic Devices market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
  • We will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
  • Also, this report will help you to identify any trends to forecast growth rates.
  • The analyzed report will forecast the general tendency for supply and demand.

Report Benefits & Key Questions Answered

  • Orthopedic Devices Category and segment level analysis: Fact MR offers detailed analysis of the factors influencing the sales prospect across key segments. Orthopedic Devices category analysis provides deep insights into customer experiences, emerging trends and growth drivers. The vital information highlighted in this section will enable market players to make timely business decision to gain competitive advantage.
  • Orthopedic Devices Manufacturing trend analysis: A key aspect of the study is comprehensive Orthopedic Devices manufacturing trend analysis. These insights provide vital information on how market players are coping with latest trends that are prevailing in the market.
  • Innovation and acquisition activity in Orthopedic Devices: The report highlights in detail the various organic and inorganic strategies adopted manufacturers in order to gain a competitive edge in Orthopedic Devices market. Adoption of various technologies are being discussed in detail.
  • Orthopedic Devices demand by country: The report forecasts the country wise demand for Orthopedic Devices between 2021 and 2031. By analyzing this section of the report, Orthopedic Devices manufacturers can accordingly invest in those regions where the demand is on the rise.
  • Post COVID consumer spending on Orthopedic Devices: The Fact.MR market survey also highlights the impact of COVID-19 on medical devices industry. These insights provide vital information on how market players are executing their manufacturing strategies to coup with the COVID-19 pandemic.

Some of the Orthopedic Devices Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in Orthopedic Devices and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of Orthopedic Devices Market .
  • Insights about adoption of new technologies and its influence on the Orthopedic Devices market Size.
  • Overview of the impact of COVID-19 on Orthopedic Devices Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of Orthopedic Devices Market during the forecast period.

To get all-in insights on the regional landscape of the Orthopedic Devices Market, Buy Now:-https://www.factmr.com/checkout/4780

After reading the Market insights of Orthopedic Devices Report, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
  • Analyze key regions holding significant share of total Orthopedic Devices market revenue.
  • Study the growth outlook of Orthopedic Devices market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use & supply side analysis of Orthopedic Devices market.
  • Investigate the recent R&D projects performed by each market player & competitive analysis of Orthopedic Devices Market Players.

Read More Trending Reports of Fact.MR: – https://www.biospace.com/article/breast-cancer-diagnostics-market-sales-set-to-grow-by-4-7-percent-to-surpass-us-2000-mn-by-2022-end-fact-mr

How Fact.MR Assists in Making Strategic Moves For Orthopedic Devices Market Manufacturer?

  • The data provided in the Orthopedic Devices market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

 

More Related Reports by Fact.MR On Healthcare Sector: 

Veterinary Endodontics Market :_Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

Therapeutic Support Surface Market:- Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

Computer-Assisted Orthopedic Surgery Market :-Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031

About Fact.MR

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates

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Pharmaceutical

Demand for Joint Reconstruction Is Set to Expand Modestly, Registering a Moderate CAGR of 4.0% By 2026

The global demand for orthopedic devices is set to expand modestly, registering a moderate CAGR of 4.0% throughout the forecast period (2020-2026).

A rapidly expanding geriatric population pool as well as increasing incidence rates of accidents and sports injuries are major factors contributing to the growth of the global orthopedic devices market. Moreover, technological advancements such as minimally invasive surgeries, artificial intelligence, 3D-bioprinting and tissue engineering, custom-made implants and development of variable axis screw systems are anticipated to provide a significant boost to the market.

However, the coronavirus pandemic is anticipated to limit growth prospects, with patients delaying elective surgical procedures in favor of treatment for COVID-19 infected patients. However, with social distancing measures being relaxed, the market is expected to witness a gradual resurgence, attributed to the restoration of production and manufacturing capacities of key industrial players, thus ameliorating the demand-supply gap.

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“Rising emphasis on technological innovations is anticipated to accelerate the growth of the global orthopedic devices market. Key manufacturers are exploiting this knowledge to develop new pipeline products,” infers a Fact.MR analyst.

global orthopedic devices market 02

Global Orthopedic Devices Market: Segmentation

Product

  • Joint Reconstruction:
    • Hip Replacement:
    • Total Hip Replacement Implant
    • Partial Hip Replacement Implant
    • Hip Resurfacing Implant
    • Revision Hip Replacement Implant
  • Knee Replacement:
    • Total Knee Replacement Implant
    • Partial Knee Replacement Implant
    • Revision Knee Replacement Implant
    • Elbow & Shoulder Replacement
    • Others
  • Spinal Devices:
    • Spinal Fusion Devices
    • Spinal Non-fusion Devices
  • Trauma Fixation:
    • Metal Plates & Screws
    • Pins/Wires
    • Nails and Rods
    • Others
  • Orthopedic Prosthetics:
    • Lower Extremity Orthopedic Prosthetics
    • Upper Extremity Orthopedic Prosthetics
    • Arthroscopy Devices
  • Orthopedic Braces and Support:
    • Upper Extremity Braces and Support
    • Low Extremity Braces and Support
  • Orthopedic Accessories:
    • Bone Cement
    • Casting System
    • Removal Systems
  • Others

End-User

  • Hospitals
  • Orthopedic Clinics
  • Ambulatory Surgical Centers
  • Others

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Key Takeaways of Global Orthopedic Devices Market Study:

  • By product, the joint reconstruction segment shall dominate the market, acquiring a market share exceeding 30%. This is followed by the spinal devices segment, capturing 1/4th of the global orthopedic devices market. A large patient pool awaiting joint replacements and technological advancements in neurological surgeries are key growth drivers.
  • By end-user, orthopedic clinics are expected to gain significant traction. The segment is poised to expand 1.3x in the forecast period. However, the hospitals segment shall continue its dominance, capturing nearly half of the global orthopedic devices market.
  • By region, North America is expected to dominate the global orthopedic devices market, while Asia-Pacific shall expand the fastest. Growth in demand for orthopedic surgeries has attracted key market players to establish their businesses in North America while rising per capita healthcare expenditure is stimulating market growth in Asia-Pacific.

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Following Questions Answers Covered in the Report are:

  • How will the global Orthopedic Devices Market perform during the forecast period? What will be the market size in terms of value and volume?
  • Which segment will drive the global Orthopedic Devices Market? Which regional market will show extensive growth in the future? What are the reasons?
  • How will the market dynamics change because of the impact of future market opportunities, restraints, and drivers?
  • What are the key strategies adopted by players to sustain themselves in the global Orthopedic Devices Market?
  • How will these strategies influence the market growth and competition?

Regional analysis includes

  • North America (U.S., Canada)
  • Latin America (Brazil, Mexico, Argentina, Chile, Peru, Rest of LATAM)
  • EU – (Germany, France, Italy, Spain), UK, BENELUX (Belgium, Netherlands, Luxemburg), NORDIC (Norway, Denmark, Iceland, Sweden), Eastern Europe (Poland, Ukraine, Czech Rep. etc.), Rest of Europe
  • CIS & Russia
  • Japan
  • Asia Pacific Excluding Japan (Greater China, India, S. Korea, ASEAN Countries, Rest of APEJ)
  • Middle East and Africa (GCC Countries, Turkey, Iran, Israel, South Africa , Rest of MEA)

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The Report Covers Exhaustive Analysis On:

  • Market Segments
  • Market Dynamics
  • Market Size & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Technology
  • Value Chain

Robust Product Portfolio, Key to Market Players’ Strong Presence:

The global orthopedic devices market is consolidated, dominated by the following top four players: Zimmer Biomet, Johnson & Johnson, Stryker and Smith & Nephew. Collectively, these companies account for nearly 55% of the market share. Therefore, the degree of competition from new entrants is quite low. Innovations in 3D printing and personalization implants technology are anticipated to fuel the growth of emerging players in the hip implants sub-segment. Important players in the hip implants segment include Smith & Nephew, DJO Global, Inc., Wright Medical Group N.V., and Exactech, Inc.

In 2017, Zimmer Biomet Holdings dominated the hip implants sub-segment, with a strong brand image and robust product portfolio. Its products included the Taperloc Hip System, the Arcos Modular Hip System and the G7 Acetabular System. Likewise, Stryker has a robust product portfolio, offering devices in the craniomaxillofacial, foot & ankle, joint replacement, spine and trauma & extremities segments. Its brands are Allograft Bio Implants, Delta, Advanced Midface Distractor and MEDPOR TITAN 3D Orbital Floor to name a few.

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Categories
Pharmaceutical

Global Orthopedic Devices Market : Technological Enhancements in Surgical Procedures to act as Key Growth Levers, Says Fact.MR

Orthopedic Devices Market size is done based on a triangulation methodology that is primarily based on experimental modelling approaches such as patient-level data or disease epidemiology for any key indications , number of procedures and install base analysis for any equipment to obtain precise market estimations  for the base year as well as in historic data analysis. Bottom-up approach is always used to obtain Orthopedic Devices insightful data for the specific country/regions.

The country specific data is again analyzed to derive data at a global level. Specific factors/parameters are considered related to the individual Orthopedic Devices market and quantified with insightful rationale.

A comprehensive estimate of the Orthopedic Devices market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the Sales of Orthopedic Devices during the forecast period. Price point comparison by region with the global average price is also considered in the study.

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Global Orthopedic Devices: Market Segmentation

Fact.MR has studied the global orthopedic devices market with detailed segmentation on the basis of product, end-user, and region.

Product

  • Joint Reconstruction:
    • Hip Replacement:
    • Total Hip Replacement Implant
    • Partial Hip Replacement Implant
    • Hip Resurfacing Implant
    • Revision Hip Replacement Implant
  • Knee Replacement:
    • Total Knee Replacement Implant
    • Partial Knee Replacement Implant
    • Revision Knee Replacement Implant
    • Elbow & Shoulder Replacement
    • Others
  • Spinal Devices:
    • Spinal Fusion Devices
    • Spinal Non-fusion Devices
  • Trauma Fixation:
    • Metal Plates & Screws
    • Pins/Wires
    • Nails and Rods
    • Others
  • Orthopedic Prosthetics:
    • Lower Extremity Orthopedic Prosthetics
    • Upper Extremity Orthopedic Prosthetics
    • Arthroscopy Devices
  • Orthopedic Braces and Support:
    • Upper Extremity Braces and Support
    • Low Extremity Braces and Support
  • Orthopedic Accessories:
    • Bone Cement
    • Casting System
    • Removal Systems
  • Others

End-User

  • Hospitals
  • Orthopedic Clinics
  • Ambulatory Surgical Centers
  • Others

Region

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa (MEA)

This taxonomy prepared is confidential and intended exclusively for the individual or entity with whom it is being shared. Reading, disseminating, distributing, or copying this to any party other than the addressee(s) is unauthorized and prohibited.”

The Market survey of Orthopedic Devices offers a comprehensive analysis of diverse features, including production capacities analysis of Orthopedic Devices, demand, product developments, revenue generation, and Size of Orthopedic Devices Market across the globe.

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Some of the Orthopedic Devices Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides: 

  • Details regarding latest innovations and development in Orthopedic Devices and how it is gaining customer traction during the forecast period.
  • Analysis about the customer demand of the products and how it is likely to evolve in coming years.
  • Latest regulations enforced by government bodies and local agencies and their impact on Demand of Orthopedic Devices Market .
  • Insights about adoption of new technologies and its influence on the Orthopedic Devices market Size.
  • Overview of the impact of COVID-19 on Orthopedic Devices Market and economic disruptions caused by the pandemic.
  • Evaluates post-pandemic impact on the Sales of Orthopedic Devices Market during the forecast period.

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Key Parameters analyzed while estimating the Orthopedic Devices market include:

  • To analyze Drugs/ Therapeutic Area in Orthopedic Devices :

Overall Population by age group/Prevalence or Incidence of any disease/Treatment Seeking Rate/Dosage pattern/Average duration of treatment/Overall treatment cost and Reimbursement are considered.

  • To analyze Consumables of Orthopedic Devices:

Overall Population/Prevalence or Incidence of disease/treatment seeking rate/ average duration of the treatment/average number of devices used per patient / average number of procedure per device/ average selling price per device/reimbursement are considered.

  • To analyze Orthopedic Devices Equipment:

Number of Healthcare facilities (Hospitals/Ambulatory Surgical Centers/Clinics etc.)

Average number of devices installed per facilities/ lifespan of the devices/replacement rate of the equipment/new sales of the equipment per year/average selling price per equipment are considered.

After reading the Market insights of Orthopedic Devices Report, readers can:

  • Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
  • Analyze key regions holding significant share of total Orthopedic Devices market revenue.
  • Study the growth outlook of Orthopedic Devices market scenario, including production, consumption, history and forecast.
  • Learn consumption pattern and impact of each end use & supply side analysis of Orthopedic Devices market.
  • Investigate the recent R&D projects performed by each market player & competitive analysis of Orthopedic Devices Market Players.

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How Fact.MR Assists in Making Strategic Moves For Orthopedic Devices Market Manufacturer?

  • The data provided in the Orthopedic Devices market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
  • The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

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About Fact.MR:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

 Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com

Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates