Orthopedic Devices Market Size 2022, Share, Growth by Top Leading Players, Region, Applications, Drivers and Research by Exactitude Consultancy

Maharashtra, INDIA


Luton, Bedfordshire, United Kingdom, Sept. 12, 2022 (GLOBE NEWSWIRE) -- Exactitude Consultancy, the market research and consulting wing of Ameliorate Digital Consultancy Private Limited has completed and published the final copy of the detailed research report on the Orthopedic Devices Market.

The global orthopedic devices market size is expected to grow at a CAGR of over 5% between 2022 and 2029. The market was estimated at USD 39.54 Billion in 2020 to USD 50.48 Billion.

Orthopedic devices are intended to stabilize posture by treating deformities and restore normal skeletal function by replacing or reinforcing damaged parts. Moreover, the combination of these innovations and modern diagnostic techniques has greatly reduced the need for complex surgical procedures in orthopedics.

The market growth is attributed to the high incidence of orthopedic diseases such as degenerative bone disease, as well as the aging population and increasing traffic accidents. Moreover, the early emergence of musculoskeletal disorders, mainly caused by sedentary lifestyle and obesity, is expected to spur market growth.

Request a PDF sample of this premium research:  https://exactitudeconsultancy.com/reports/4319/orthopedic-devices-market/#request-a-sample

North America is a developed nation with modern infrastructure, rising urbanization, well-equipped technologies, and an increase in medical facilities. They have captured the largest share in the global orthopedic device market around the world with a good success rate.

Industry Insights:

Breg, Inc. Overview:  In June 2018, Breg, Inc. hosted a co-creation workshop on bracing solutions with orthopedic surgeons and administrators.

Smith & Nephew Overview: Smith & Nephew acquired Brain lab’s orthopedic joint reconstruction business. This acquisition is expected to boost the development and adoption of digital technologies to enhance efficiency and outcomes during surgeries, which may positively impact the market’s growth.

Medtronic Overview: Medtronic announced the launch of the titanium spinal implant, Adaptix Interbody System, a navigated titanium implant with Titan nanoLOCK surface technology, a blend of surface textures on the macro, micro, and nano levels, in the United States.

Regional outlook- In 2021, North America grabbed most of the market share in the orthopedic devices market and still has the largest market share worldwide.

North America is a developed nation with modern infrastructure, rising urbanization, well-equipped technologies, and an increase in medical facilities. They have captured the largest share in the global orthopedic device market around the world with a good success rate.

Asia Pacific regions include the two most world’s populated countries, China and India and according to the demographic study, by 50 years, it is estimated that 1 out of 4 people would be above the age of 60. Old people are easily prone to bone diseases like osteoarthritis and likely breakage of bone due to falling and slipping.

Orthopedic Devices Market - Growing competition among key players, increasing horizontal and vertical expansion is further expected to fuel the growth of Orthopedic Devices Market.

Orthopedic Devices Market - Latest Advancement and Analysis

Attributes   Details (Current Scenario)
Base-Year2021
Historic Data   2016-2021
Market Study Available for Years   2022-2029
Forecast UnitsValue (USD Million, Billion) As per Market
Orthopedic Devices Market Geographies Covered

 
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East and Africa
Customize as per Requirement
Orthopedic Devices Market by Product

 
  • Joint Reconstruction Devices
  • Orthobiologics
  • Arthroscopic Device
  • Surgery devices
Orthopedic Devices Market By Application
  • Spine Orthopedic Devices
  • Hip Orthopedic Devices
  • Knee Orthopedic Devices
  • Shoulder Orthopedic Devices
  • Elbow Orthopedic Devices
CAGR (Orthopedic Devices Market)   5% (Current Market Analysis)
Largest Regional market54% (North America)
Customization Available Yes, the report can be customized as per your need. (Free 15% Customization)

Browse Detailed Research Insights with TOC: https://exactitudeconsultancy.com/reports/4319/orthopedic-devices-market/#report-details

Table of Contents

1.Orthopedic Devices Market  Key Insights
2.Orthopedic Devices Market Report Introduction
3.Orthopedic Devices Market Research Methodology
4.Orthopedic Devices Market Executive Summary
5. Competitive Landscape and Dynamics
6.Orthopedic Devices Market Data Triangulation
7.Orthopedic Devices Market Bottom-Up Approach
8.Company Profiles
9.Top-Down Approach
10.Research Flow
11.Orthopedic Devices Market by Product Benchmarking


Frequently Asked Questions:

  • What would be forecast period in the Orthopedic Devices market research report?
  • Who are the key players in Orthopedic Devices market?
  • What are the segments of Orthopedic Devices market?
  • What is the Orthopedic Devices market?
  • How big is the Orthopedic Devices market?

Discount/Buy Detailed Report here :( Single User License: US$ 2999 Or Excel pack: US$ 999 Or Corporate User: US$ 4499): https://exactitudeconsultancy.com/reports/4319/orthopedic-devices-market/#inquire-for-discount

Browse More Research Topic on Healthcare Industry:

Sleep Apnea Devices Market

The Global Sleep Apnea Devices Market is expected to grow at a 6.9 % CAGR from 2019 to 2028. It is expected to reach above USD 11.3 billion by 2028 from USD 6.2 billion in 2019.

Sleep Apnea Devices Market by Product (Therapeutic Devices, Diagnostic Devices), Diagnostic, Consumables), By End User (Laboratories and Hospitals, Home Care Settings/Individuals) and by Region, Global Trends and Forecast from 2021 To 2028

Urology Devices Market

Urology devices market is expected to grow at more than 4.1% CAGR from 2022 to 2029. It is expected to reach above USD 52.4 billion by 2029 from USD 36.5 billion in 2020.

Urology Devices Market by Product (Dialysis, Endoscopes, Lasers, Lithotripsy, Robotic System), Application (Kidney Diseases, Urological Cancer, BPH), End-User (Hospital, Dialysis Center, Homecare), and By Region (North America, Europe, Asia Pacific, South America, Middle East, and Africa), Global Trends and Forecast from 2022 To 2029

Cancer/Tumour Profiling Market

Cancer/tumour profiling market size was valued at USD 8.37 billion in 2020 and is projected to reach USD 21.41 billion by 2029, growing at a CAGR of 11% from 2022 to 2029.

Cancer/Tumour Profiling Market by Technology (Sequencing Technique, Next-Generation Sequencing (NGS), In Situ Hybridization, Immunohistochemistry), Technique (Genomics, Metabolomics, Proteomics, Epigenetics), Application (Personalized Cancer Medicine, Oncological Diagnostics, Research Applications) and by Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Global trends and forecast from 2022 to 2029

Cancer Diagnostics Market

Cancer diagnostics market size was valued at USD 16.87 billion in 2020 and is projected to reach USD 44.22 billion by 2029, growing at a CAGR of 11.3% from 2022 to 2029.

Cancer Diagnostics Market by Product (Consumables and Instruments), Application (Breast Cancer, Lung Cancer, Blood Cancer, Colorectal Cancer, Skin Cancer, Ovarian Cancer, Prostate Cancer, Kidney Cancer, Liver Cancer, Pancreatic Cancer, Cervical Cancer, and Others), End Use (Hospitals & Clinics, Diagnostic Laboratories, Diagnostic Centers, and Research Institutes) and by Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Global trends and forecast from 2022 to 2029

 

Contact Data