The global orthopedics devices Market is expected to reach USD 65.29 Billion by 2027, according to a new report by Emergen Research. The demand for orthopedics devices is propelled by factors such as the rising occurrence of osteoporosis, musculoskeletal conditions, technological advancements, growing prevalence of sports accidents, increasing geriatric population, and increased obesity prevalence. Orthopedic devices are equipped for the treatment of musculoskeletal conditions by removing the hip, knee, spine, cranio-maxillofacial (CMF) bone. These also offer treatment for broken bones and muscles, smothering the recovery cycle. Orthopedic devices are designed to gain rigidity and resilience with the titanium or stainless steel alloys.
The report provides detailed insights into Orthopedics Devices market trends, industry trends, consumer trends, market size, market share, market revenue growth, and forecast, along with ranging impact of each factor and driver. It also provides analysis of various factors expected to restrain or limit potential growth in market size over the forecast period, 2020–2028. The report includes profiles of major players in the Orthopedics Devices market, strategies being employed, mergers, acquisitions, recent developments, agreements, contracts, new product development and launches, segment revenue, investment details as well as financials.
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The steady Orthopedics Devices market share growth can be attributed to a variety of factors and trends in the global Orthopedics Devices market currently. Global Orthopedics Devices market revenue growth is supported to a significant extent due to rising focus by major players on product/service expansion into new and untapped domestic markets and rising competition in the market. These factors are expected to drive incline in regional Orthopedics Devices market share growth over the forecast period.
In addition, rapidly rising demand and deployment in respective sectors/industries in major and developing countries is supporting growth in terms of Orthopedics Devices market share contribution of these countries. In addition, Orthopedics Devices market share contribution is expected to continue to incline steadily over the forecast period due to favorable government policies, advancements in technology, and steady economic growth across various regions and countries.
Top key vendors in Orthopedics Devices Market include are:
- Key participants include CONMED Corporation, Medtronic PLC, Zimmer-Biomet Holdings Inc., Smith Nephew PLC, Aesculap Implant Systems LLC, Stryker Corporation, Donjoy Inc., DePuy Synthes, NuVasive Inc., and B. Braun Melsungen AG, among others.
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
Emergen Research has segmented the global Orthopedics Devices Market on the basis of product, type, application, and region:
- Product Outlook (Revenue, USD Billion; 2017-2027)
- Surgical Devices
- Type Outlook (Revenue, USD Billion; 2017-2027)
- Joint Reconstruction Devices
- Spinal Devices
- Trauma Devices
- Arthroscopy Devices
- Dental Implants
- Application Outlook (Revenue, USD Billion; 2017-2027)
- Cranio-Maxillofacial (CMF)
- Sports Medical, Extremities, and Trauma (SET)
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In terms of Orthopedics Devices market share and revenue contribution to the global Orthopedics Devices market, North America is expected to maintain its dominance over other regional markets over the forecast period. Presence of major companies in countries in the region is a key factor supporting rapid increase in Orthopedics Devices market share.
Incorporated with Info-graphics, charts, 70 tables and 85 figures, this 250-page research report “Orthopedics Devices Market Size, Type, Application, End-Use Industry, Regional Outlook, Competitive Strategies and Forecasts, 2020 - 2027” is based on a complete research of the entire Global market and covering all its sub-segments through comprehensively thorough classifications. Insightful analysis and assessment are created from superior primary and secondary information sources with data and information derived from industry specialists across the value chain.
Region wise performance of the Orthopedics Devices industry
Asia Pacific market share contribution to the global Orthopedics Devices market is expected to continue to register comparatively faster growth rate than other regional markets between 2020 and 2028. Rapid growth rate of China and India Orthopedics Devices market share contribution can be attributed to increasing population and disposable income, and steady economic growth, and the trend is expected to continue going ahead.
Steady increase in Europe Orthopedics Devices market share growth is primarily supported by continuous developments in major countries in the region. Robust focus on research and development initiatives by major firms in countries in the region is also expected to continue to support market share growth of the Europe Orthopedics Devices market going ahead.
Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering:
- United States
- Southeast Asia
We can also provide the customized separate regional or country-level reports, for the following regions:
North America, United States, Canada, Mexico, Asia-Pacific, China, India, Japan, South Korea, Australia, Indonesia, Singapore, Rest of Asia-Pacific, Europe, Germany, France, UK, Italy, Spain, Russia, Rest of Europe, Central South America, Brazil, Argentina, Rest of South America, Middle East Africa, Saudi Arabia, Turkey, Rest of Middle East Africa
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The research provides answers to the following key questions:
- What will be the growth rate and the market size of the Orthopedics Devices industry for the forecast period 2020-2027?
- What are the major driving forces expected to impact the development of the Orthopedics Devices market across different regions?
- Who are the major driving forces expected to decide the fate of the Orthopedics Devices industry worldwide?
- Who are the prominent market players making a mark in the Orthopedics Devices market with their winning strategies?
- Which Orthopedics Devices industry trends are likely to shape the future of the industry during the forecast period 2020-2027?
- What are the key barriers and threats believed to hinder the development of the industry?
- What are the future opportunities in the Orthopedics Devices market?
Table of Content
Chapter 1. Methodology Sources
1.1. Orthopedics Devices Market Definition
1.2. Research Scope
1.4. Research Sources
1.4.3. Paid Sources
1.5. Orthopedics Devices Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2021-2028
Chapter 3. Key Insights
Chapter 4. Orthopedics Devices Market Segmentation Impact Analysis
4.1. Orthopedics Devices Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Orthopedics Devices Market indicators analysis
4.2.2. Orthopedics Devices Market drivers analysis
184.108.40.206. Rapid urbanization and industrialization
220.127.116.11. Stringent government regulations regarding carbon emissions
18.104.22.168. Increasing prevalence of respiratory diseases
22.214.171.124. Rising need to enhance indoor air quality
4.2.3. Orthopedics Devices Market restraints analysis
126.96.36.199. High cost associated with the maintenance of Orthopedics Devices products
188.8.131.52. Availability of renewable sources of energy
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis
Chapter 10. Competitive Landscape
10.1. Orthopedics Devices Market Revenue Share By Manufacturers
10.2. Mergers Acquisitions
10.3. Competitor’s Positioning
10.4. Strategy Benchmarking
10.5. Vendor Landscape
10.5.1. Raw Material Suppliers
10.5.1.1. North America
10.5.1.3. Asia Pacific
10.5.1.4. Middle East Africa
10.5.1.5. Latin America
10.5.2.1. North America
10.5.2.3. Asia Pacific
10.5.2.4. Middle East Africa
10.5.2.5. Latin America
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