With 3.9% CAGR, Orthopedics Devices Market to Hit USD 65.29 Billion by 2027 | High demand from developing nations
Orthopedics Devices Market Size – USD 47.89 Billion in 2019, Orthopedics Devices Market Growth – CAGR of 3.9%, Orthopedics Devices Industry Trends –High demand from developing nations
The latest market intelligence study on Orthopedics Devices market relies on statistics derived from the application of both primary and secondary research to present insights pertaining to the operational model, opportunities and competitive landscape of Orthopedics Devices market for the forecast period, 2020 – 2027. Importantly, the research taps critical data about the niche segments, market share, size, and growth rate to offer business owners, field marketing executives and stakeholders a competitive edge over others operating in the same industry
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.
A rise in the population of elderly people is a major factor driving the growth of the market, owing to the growing occurrence of hip fractures in the elderly. Adults aged more than 65 years are assumed to be hospitalized each year for hip fractures, as published by the United Health Foundation. Approximately 30 percent of seniors are dropping last year, resulting in a rise in the number of orthopedic accidents, which increases the demand for orthopedic equipment at a substantial pace.
It sheds light on the major companies that contribute significantly to the global sector. The report studies the presence of these companies in major geographical regions and their individual placement in the worldwide business. It helps in projecting the growth of Orthopedics Devices through the years and in predicting its expansion in the forecasted time span. The increase in the demand for the product is boosting the overall production to ensure a smooth functioning demand-supply chain.
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The research segments the market based on product type, applications and end-use. It profiles the key players of the business and their individual contribution to the global economy. The report focuses on significant investments, business ventures, mergers, acquisitions, collaborations along with the technological developments in the field. It also evaluates the upcoming and niche areas in the business. The researcher aims to offer expert insights related to the industry and the new opportunities available in the market.
The report further explores the key business players along with their in-depth profiling, product catalog, and strategic business decisions. The key players studied in the report are 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.
The report on the Orthopedics Devices market employs both primary and secondary research to examine its import and export, demand and supply, consumption power, spending capacity and distribution channel worldwide. The report evaluates the market standing of key manufacturers and sheds light on the strategies they have adopted to stay competitive. The study also applies qualitative and quantitative methods to assess the annual and financial performance of the top vendors and insights from market leaders
Check the detailed table of contents of the report @ https://www.emergenresearch.com/industry-report/orthopedics-devices-market
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)
Regional Bifurcation of the Orthopedics Devices Market Includes:
- North America (US, Canada)
- Europe (UK, Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)
The report aims to provide a complete analysis of the global Orthopedics Devices market with important details about the key market players from insightful primary and secondary research data. The report also aims to benefit the user by providing constructive data to gain insight into market growth, size, and investment approaches. Additionally, the report provides an extensive analysis of the Orthopedics Devices market, including key data, such as factors influencing the growth of the market, buyers and vendors, production and consumption, and revenue.
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Highlights of Table of Contents (TOC):
- Overview of Global Orthopedics Devices Market
- Competitive analysis of the Orthopedics Devices market
- Regional analysis of Global Orthopedics Devices market production and revenue
- Regional analysis of Global Orthopedics Devices market supply, consumption, and export & import
- Type-based market analysis of global Orthopedics Devices production, revenue, and price trends
- Application-based analysis of the global Orthopedics Devices market
- Manufacturer profiles, manufacturing cost, and upstream and downstream analysis of global Orthopedics Devices market
- Global Orthopedics Devices market forecast (2020-2027)
- Conclusion of the research report
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