by The Orthopedic Devices market is anticipated to grow at a CAGR of nearly 2.87% during the forecast period 2020-2027 and the market size is predicted to reach US$ 56.23 billion by 2027.
The report provides an analysis of the global Orthopedic Devices market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2020 is considered as the base year.
The global Orthopedic Devices market offers an exhaustive research analysis of the global market’s growth prospects. The report’s scope includes a global industry overview, a global industry description with comprehensive research analysis, and an Orthopedic Devices industry summary of various countries and their regions.
This research study evaluation of present market revenue, market forecast, and market share investigation of the foremost suppliers of the industry. It also covers the competitive landscape, market size, market trends, Orthopedic Devices industry future innovations, and a range of existing market business strategies. Stakeholders will be able to design and align their business plans using current and future market trends.
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Influences on the global Orthopedic Devices market are scrutinized via industry growth drivers and business challenges. Crucial markets in this global industry are evaluated in the report via an industry profile, industry value scrutiny by revenues, industry breakdown and supervisory framework affecting the markets. This study is all-inclusive framework of the dynamics of the market. It mostly encompasses critical valuation of consumers’ or customers’ journeys, present and developing avenues, and tactical framework to enable CXOs take operative decisions.
COVID-19 Consequences
The global Orthopedic Devices market is witnessing a temporary shift in demand owing to the sudden pandemic of COVID-19. However, the analysts predict a resurgence of demand in the second half of 2020. We have been interacting with the market participants to seek real-time developments. The market size estimates and forecast would reflect the impact of the global crisis.
Geographically, the market has been analyzed across five regions that constitute the globe. The macro and microeconomic factors including application sectors, government regulations, raw material price fluctuations, socioeconomic factors and so on have been studied across all five regions. The major demand generating countries have been explicitly valued in terms of revenue.
Key Offerings:
The report segments the market into various categories. The leading segments within each category are identified in the report. Furthermore, it calculates the market share that these segments hold. Factors enabling growth in these segments are studied in detail. The report also reveals the factors that may restrain the market growth in these categories.
Market Segmentation as below:
By Product Type
- Joint Reconstruction
- Knee Replacement
- Revision Knee Replacement Implants
- Total Knee Replacement Implant
- Partial Knee Replacement Implant
- Elbow & Shoulder Replacement
- Hip Replacement
- Hip Resurfacing Implant
- Total Hip Replacement Implant
- Partial Hip Replacement Implant
- Revision Hip Replacement Implant
- Others
- Knee Replacement
- Orthopedic Prosthetics
- Upper Extremity Orthopedic Prosthetics
- Lower Extremity Orthopedic Prosthetics
- Spinal Devices
- Spinal Non-fusion Devices
- Spinal Fusion Devices
- Trauma Fixation
- Nails and Rods
- Metal Plates & Screws
- Pins/Wires
- Others
- Arthroscopy Devices
- Orthopedic Accessories
- Removal systems
- Bone cement
- Casting system
- Orthopedic Braces and Supports
- Upper Extremity Braces and Supports
- Low Extremity Braces and Supports
- Others
By End-user
- Ambulatory Surgical Centers
- Hospitals
- Orthopedic Clinics
- Others
By Regional Outlook
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Middle East & Africa
- Latin America
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Key Players:
The Orthopedic Devices market is consolidated with a major number of manufacturers. The company profiling of key players in the market includes major business strategies, company overview and revenues. In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research.
Some of the significant players in the Orthopedic Devices market include:
- Medacta
- DePuySynthes
- Smith & Nephew
- Stryker
- Medtronic
- Zimmer Biomet
- MicroPort Scientific Corporation (Wright Medical Group)
- DJO Global
- ConforMIS
- NuVasive
- Globus Medical
Key Takeaways
- Comprehensive analysis of the Orthopedic Devices market trends and shares from 2020 to 2027 at global and regional level to identify growth opportunities and analyze market developments
- Exhaustive analysis of price trends with respect to resin type and region that are expected to impact the outlook of this market
- Porters’ Five Forces analysis that highlights the bargaining power of buyers and suppliers to enable stakeholders to make profit-oriented business decisions
- Extensive market outlook of key geographic regions along with market drivers, inhibitors, current & future market trends, and emerging applications
- Comprehensive list of key potential clients across major end-use industries in different geographies
- Thorough import-export analysis of major polymers across the globe
- Regional level production output to comprehend the demand-supply scenario
- Competitive landscape covers key companies’ profiling, market share analysis, market footprint analysis, competitive business strategies, channels, and competition matrix for key players
Key Questions Answered in this Report
- What was the impact of COVID-19 on the Market?
- What is the market size, market share of the Market?
- Who are the top market players in the Market?
- What will be the future market of the Market?
The Final Report will cover the impact analysis of COVID-19.
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