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Orthopedic Consumables Market Is Mainly Driven By Factors Such As Growing Number of Reported Accidental Injuries Globally

02-15-2019 11:09 AM CET | Health & Medicine

Press release from: Allied Market Research

Orthopedic Consumables Market

Orthopedic Consumables Market

Orthopedics is a medical field that deals with the treatment of musculoskeletal disorders, especially spine, joints and muscles. Orthopedic supplies are used to treat complex orthopedic injuries and include drill bits, saw blades, saw teeth, K-wires, and pins. The need for orthopedic consumables is expected to increase due to accidental injuries in the lower and upper extremities, fractures in the vertebrae, soft tissue damage, and worldwide sports injuries.

The market is largely dominated by factors such as increased accident incidents worldwide and increased adoption of orthopedic supplies. According to the World Health Organization's (WHO) World Health Report 2015 on Road Safety, about 1.25 million road traffic deaths are reported annually. A growing number of sports injuries can lead to market growth. According to the CDC, in 2016, more than 2.6 million children under the age of 19 were treated in the emergency room due to American sports injuries. However, the high cost of orthopedic surgery can limit the growth of the orthopedic supplies market.

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Comprehensive competitive analysis and profiles of major market players such as
• Johnson & Johnson
• Stryker Corporation
• Wright Medical Group Inc.
• Zimmer Biomet
• Medtronic plc
• 3M Company
• DSM Biomedical
• BioTek Instruments Inc.
• ConMed Corporation

The report segments the orthopedic consumables market on the basis of product, end users, and geography. Based on product, the market is segmented into surgical orthopedic consumables, wound-management orthopedic consumables, and others. Based on end user, the market is segmented into hospitals, clinics, ambulatory surgical centers (ascs), and others. The geographic breakdown and deep analysis of each of the aforesaid segments has been included for North America, Europe, Asia-Pacific, and LAMEA.

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Key Benefits
• This report provides an extensive analysis of the current and emerging market trends and dynamics in the global orthopedic consumables market.
• In-depth analysis has been carried out in this report by constructing market estimations for key market segments between 2017 and 2023.
• This study that evaluates the competitive landscape and value chain has been taken into account to understand the competitive environment globally.
• This report entails a detailed quantitative analysis of the current trends and future estimations for 2017 to 2023, which helps identify prevailing market opportunities.
• Comprehensive analysis of factors that drive and restrict the growth of the global orthopedic consumables market has been provided.
• Exhaustive analysis of the global orthopedic consumables market by product helps understand the types of orthopedic consumables commercially available to treat orthopedic fractures and injuries.
• An in-depth analysis of current research and clinical developments has been provided with key market dynamic factors that help understand the behavior of the market.
• Key market players have been profiled in this report and their strategies thoroughly analyzed, which help understand the competitive outlook of the market.

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Allied Market Research, a market research and advisory company of Allied Analytics LLP, provides business insights and market research reports to large as well as small & medium enterprises. The company assists its clients to strategize business policies and achieve sustainable growth in their respective market domain.

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