๐๐ซ๐ญ๐ก๐จ๐ฉ๐๐๐ข๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐, ๐๐ก๐๐ซ๐, ๐๐ซ๐จ๐ฐ๐ญ๐ก, ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐๐ซ๐๐ง๐๐ฌ ๐๐ง๐ ๐ ๐จ๐ซ๐๐๐
๐๐ซ๐ญ๐ก๐จ๐ฉ๐๐๐ข๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐ข๐ณ๐๐๐๐ซ๐ค๐๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ:
Orthopedic Devices Market is expected to reach US$ 43,250 million in 2029, increasing from US$ 34,190 million in 2022, with a CAGR of 3.0% during the period of 2023 to 2029.
The growth of the orthopedic devices market is driven by a number of factors, including the increasing aging population, the rising prevalence of chronic diseases such as osteoarthritis, and the increasing demand for minimally invasive surgeries.
๐๐ก๐ ๐ค๐๐ฒ ๐ฉ๐ฅ๐๐ฒ๐๐ซ๐ฌ ๐ข๐ง ๐ญ๐ก๐ ๐๐ซ๐ญ๐ก๐จ๐ฉ๐๐๐ข๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐ข๐ง๐๐ฅ๐ฎ๐๐
Zimmer Biomet Holdings, Medtronic, Wright Medical Group, Smith & Nephew, Stryker Corporation, RTI Surgical, Arthrex, and others.
๐๐๐ญ ๐๐ง ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐๐ก๐ ๐๐ซ๐ญ๐ก๐จ๐ฉ๐๐๐ข๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ ๐๐ก๐ข๐ฌ ๐๐ข๐ง๐ค (๐๐๐ญ ๐ญ๐ก๐ ๐๐ข๐ ๐ก๐๐ซ ๐๐ซ๐๐๐๐ซ๐๐ง๐๐ ๐๐จ๐ซ ๐๐จ๐ซ๐ฉ๐จ๐ซ๐๐ญ๐ ๐๐ฆ๐๐ข๐ฅ ๐๐):
https://www.pragmamarketresearch.com/reports/120744/orthopedic-devices-market/inquiry?UTM=OPR23
๐๐๐ซ๐ค๐๐ญ ๐๐ฒ๐ง๐๐ฆ๐ข๐๐ฌ ๐๐ง๐ ๐ ๐๐๐ญ๐จ๐ซ๐ฌ ๐๐จ๐ซ ๐๐ซ๐ญ๐ก๐จ๐ฉ๐๐๐ข๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
Market Driver:
โข Increasing aging population: The aging population is a major driver of the orthopedic devices market. As people age, they are more likely to develop chronic diseases such as osteoarthritis, which can lead to the need for orthopedic surgery.
โข Rising prevalence of chronic diseases: The rising prevalence of chronic diseases such as osteoarthritis, rheumatoid arthritis, and osteoporosis is another major driver of the orthopedic devices market. These diseases can damage bones and joints, leading to pain and disability. Orthopedic devices can help to improve the quality of life for patients with these diseases.
โข Increasing demand for minimally invasive surgeries: Minimally invasive surgeries are becoming increasingly popular because they offer a number of advantages over traditional open surgeries, such as shorter hospital stays, less pain, and faster recovery times. The increasing demand for minimally invasive surgeries is driving the growth of the orthopedic devices market, as many orthopedic surgeries can now be performed minimally invasively
Market Opportunity:
1. Emerging markets: The emerging markets of Asia, Africa, and South America offer significant growth opportunities for the orthopedic devices market. These markets are experiencing a growing aging population and rising incomes, which is driving the demand for orthopedic devices.
2. Technological advancements: Technological advancements are leading to the development of new and innovative orthopedic devices. For example, 3D printing is being used to create custom implants that are better suited to individual patients' needs. Additionally, the development of new materials is leading to the development of orthopedic devices that are more durable and have a longer lifespan.
3. Sports medicine: The growing popularity of sports is leading to an increase in the number of sports-related injuries. This is driving the demand for orthopedic devices for the treatment of sports injuries.
Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis.
๐๐ก๐ ๐ฆ๐๐ซ๐ค๐๐ญ ๐ข๐ฌ ๐ฌ๐๐ ๐ฆ๐๐ง๐ญ๐๐ ๐๐ฒ ๐ญ๐ฒ๐ฉ๐, ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง, ๐๐ง๐ ๐ซ๐๐ ๐ข๐จ๐ง.
By type, the market is segmented into
โข Joint reconstruction
โข Spinal devices
โข Trauma fixation devices
โข Arthroscopic devices
โข Orthopedic accessories
โข Others
The joint reconstruction segment is the largest segment of the global orthopedic devices market, accounting for over 50% of the market share in 2022. This is due to the high prevalence of osteoarthritis, which is a major cause of joint pain and disability. The spinal devices segment is also expected to grow significantly during the forecast period, due to the increasing number of spinal surgeries being performed.
By application, the market is segmented into
โข Hip
โข Knee
โข Spine
โข Dental
โข Craniomaxillofacial
โข Others
The hip and knee segments are the largest segments of the global orthopedic devices market, accounting for over 70% of the market share in 2022. This is due to the high prevalence of hip and knee osteoarthritis, which are the most common types of arthritis.
The report summarizes all the information collected and serves the customers requirements. However, these market analyses help in understanding market growth at both global and regional levels. For market data analysis, we have market panorama tools such as Market Dynamics, Competitor Analysis, PESTEL Analysis, SWOT Analysis, Porter Five Forces Analysis, Value Chain Analysis, Technology Roadmap and Evolution, Regulatory Framework, Price Trend Analysis, Patent Analysis, Covid-19 Impact Analysis, Russia-Ukraine War Impact and others.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.pragmamarketresearch.com/reports/120744/orthopedic-devices-market/inquiry?UTM=OPR23
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐จ๐ ๐๐ซ๐ญ๐ก๐จ๐ฉ๐๐๐ข๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ:
The market is segmented into
โข North America,
โข East Asia,
โข Europe,
โข South Asia,
โข Southeast Asia,
โข the Middle East,
โข Africa,
โข Oceania,
โข and South America.
The North American market is the largest market for orthopedic devices, followed by Europe and Asia-Pacific. The North American market is driven by the high prevalence of chronic musculoskeletal disorders, the aging population, and the high disposable income of the people in the region. The Asia-Pacific market is expected to grow the fastest during the forecast period, due to the increasing geriatric population, rising demand for orthopedic surgeries, and growing government spending on healthcare.
๐๐จ๐ซ๐ ๐๐ก๐๐ฉ๐ญ๐๐ซ๐ฌ ๐๐จ๐ซ ๐๐ซ๐ญ๐ก๐จ๐ฉ๐๐๐ข๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ
Chapter 1: Global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029).
Chapter 2: Product Types and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 3: Product Application and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 4: Company Competition Status, Detailed analysis of Product Name companies' competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Companies' Outline, covering company's basic information, Orthopedic Devices introduction, etc. Orthopedic Devices Revenue and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 6 to 10: Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa by revenue.
Chapter 11: Market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry.
Chapter 12: Conclusions of Orthopedic Devices market based on comprehensive survey.
Chapter 13: Methodology and Data Sources.
๐๐จ ๐๐ง๐จ๐ฐ ๐ฆ๐จ๐ซ๐ ๐๐๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ (๐๐๐ฌ๐๐ซ๐ข๐ฉ๐ญ๐ข๐จ๐ง, ๐๐๐ ๐๐ง๐ ๐๐ข๐ฌ๐ญ ๐จ๐ ๐๐๐๐ฅ๐๐ฌ ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ) -https://www.pragmamarketresearch.com/reports/120744/orthopedic-devices-market?UTM=OPR23
๐๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ ๐ข๐ฌ ๐ฉ๐ซ๐ข๐ฆ๐๐ซ๐ข๐ฅ๐ฒ ๐๐จ๐๐ฎ๐ฌ๐๐ ๐จ๐ง ๐๐๐ก๐ข๐๐ฏ๐ข๐ง๐ ...
โข To provide a comprehensive overview of the industry
โข To analyse the factors affecting the growth of the Orthopedic Devices Market.
โข To present past and future earnings of the market segments globally
โข To conduct a regional-level examination of the market and its current size and prospects
โข To study the market by product type and research methodologies
โข To profile key players in the market and assess their strengths and competitive structure.
โข To track the competitive advancements in the global Orthopedic Devices Market.
๐๐ก๐ฒ ๐๐จ๐ฎ ๐๐ก๐จ๐ฎ๐ฅ๐ ๐๐ง๐ฏ๐๐ฌ๐ญ ๐ข๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ
โข To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
โข Assess the production processes, major issues, and solutions to mitigate the development risk.
โข To understand the most affecting driving and restraining forces in the market and its impact in the global market.
โข Learn about the market strategies that are being adopted by leading respective organizations.
โข To understand the future outlook and prospects for the market.
โข Besides the standard structure reports, we also provide custom research according to specific requirements.
Overall, the global orthopedic devices market is expected to witness steady growth in the coming years, driven by the increasing demand for hip and knee replacements.
๐๐ฎ๐ฒ ๐ญ๐ก๐ข๐ฌ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.pragmamarketresearch.com/buy/120744?type=su&UTM=OPR23
The report is a valuable source of information for companies and individuals interested in the market and provides an in-depth knowledge of the market. The table of contents includes chapters on industry overview, global competition, production market analysis, sales, consumption, export, import by regions, market analysis by region, company profiles, market forecast, and conclusions.
๐๐จ๐ญ๐:
- Custom research reports can be available upon request.
- If you wish to request a discount, please refer to the discount link on our website or send an email to sales@pragmamarketresearch.com.
๐๐๐จ๐ฎ๐ญ ๐ฎ๐ฌ:
Pragma Market Research is a dynamic market research and consulting firm with experienced analysts in various industries. Our industries of expertise include Medical Devices, Pharmaceuticals, Semiconductors, Machinery, Information and Communication Technology, Automobiles, Chemicals and Materials, Packaging, Food and Beverages, Specialty Chemicals, Fast Moving Consumer Goods, and more.
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Akshay G.
Pragma Market Research,
+1 425 230 0999
sales@pragmamarketresearch.com
๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ: ๐๐ก๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ ๐ข๐ง๐ญ๐จ ๐ญ๐ก๐ ๐๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐๐ฒ ๐๐ซ๐๐ ๐ฆ๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก
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Pragma Market Research,
Office No. 502, Prestige Point, Pune - 411058
+1 425 230 0999
sales@pragmamarketresearch.com
Pragma Market Research is a dynamic market research and consulting firm with experienced analysts in various industries. Our industries of expertise include Medical Devices, Pharmaceuticals, Semiconductors, Machinery, Information and Communication Technology, Automobiles, Chemicals and Materials, Packaging, Food and Beverages, Specialty Chemicals, Fast Moving Consumer Goods, and more.
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Mexico Cardiovascular Devices Market Outlook to 2025, provides key market data on the Mexico Cardiovascular Devices market. The report provides value, in millions of US dollars, volume (in units) and average prices (USD) within market categories - Cardiac Assist Devices, Cardiac Rhythmโฆ