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Personalized Orthopedics Market 2020-2026 || Leading Players - Stryker, Zimmer Biomet, DePuy Synthes, Medtronic, Wright Medical Group N.V., Japan MDM, Inc.
Global Personalized Orthopedics Market 2020
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Few of the major competitors currently working in global personalized orthopedics market are Stryker, Zimmer Biomet, DePuy Synthes, Medtronic, Wright Medical Group N.V., Japan MDM, Inc., KYOCERA Corporation, SEIKAGAKU CORPORATION, NuVasive, Inc., Scheck & Siress, Exactech, Inc. among others
The international Personalized Orthopedics Market report also takes into account an analysis of existing major challenges faced by the business and the probable future challenges that the business may have to face while operating in this market. The competitive analysis carried out in this industry analysis report include strategic profiling of key market players, their core competencies, their strong and weak points, and competitive landscape of the market which supports businesses illustrate their individual strategies. No stone is left unturned while analysing the market and preparing this Personalized Orthopedics Market research report in a presentable form to meet the expectation of users.
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Market Definition: Global Personalized Orthopedics Market
Personalized orthopedics approach relies on the scientific discoveries and understanding of genetic and unique molecular profiles to make patients susceptible to certain diseases. Innovative technology is playing an important role in personalized orthopedics which includes 3D imaging and modeling and digital manufacturing. Personalized orthopedics is providing customization solution with range of specialists which include physical therapists, interventional spine specialists, surgeons and non-surgical specialists for injuries and musculoskeletal system. It not only treats bone, muscle and joint conditions but also specializes in orthopedic medicine.
Segmentation: Global Personalized Orthopedics Market
Personalized Orthopedics Market : By Type
Hip Orthopedic
Knee Orthopedic
Spine Orthopedic
Cranio-maxillofacial Orthopedic
Dental orthopedic
Shoulder Orthopedic
Others
Personalized Orthopedics Market : By Product
Accessories
Surgical
Personalized Orthopedics Market : By End User
Hospitals
Ambulatory Centers
Home Care Settings
Others
Personalized Orthopedics Market : By Geography
North America
South America
Europe
Asia-Pacific
Middle East & Africa
Key Developments in the Personalized Orthopedics Market:-
In January 2019, Hospital for Special Surgery (HSS) announced that they had established an additive manufacturing facility in Europe in partnership with LimaCorporate which will deal in providing customized 3D printed implants for orthopedics. This establishment of a facility is evident of the strategy of HSS to develop advanced solutions helping in the treatment of musculoskeletal disorders
In March 2018, Materialise NV announced the launch of a surgical platform "TRUMATCH" developed in partnership with DePuy Synthes for application in shoulder-based surgical procedures. The platform will provide surgeons and physicians with planning and printed guides which is aimed at enhancing the quality of surgeries. DePuy Synthes will be responsible for the distribution of this particular solution throughout United States, Australia, Europe, New Zealand and Canada
Personalized Orthopedics Market Drivers:-
Increasing number of geriatric population and prevalence of associated diseases like osteoarthritis, osteoporosis is expected to drive the growth of this market
Increasing R&D activity and availability of customized orthopedics implants will also foster the market growth
Increasing prevalence of sports related bone injuries is expected to increase growth of the market in the forecast period
Growing awareness regarding the availability of innovative treatment products in the market also acts as a market driver
Personalized Orthopedics Market Restraints:-
High cost of personalized orthopedics acts as a major restricting factor for this market growth
Shortage of skilled professionals is expected to restrain the market growth
Non-favorable reimbursement coverage policies to support personalized orthopedics is expected to hinder the market growth
Adverse effects of post-surgery infections, hypersensitivity may impede the growth of this market
Personalized Orthopedics Market : Competitive Analysis:-
Global personalized orthopedics market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of personalized orthopedics market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Opportunities in the Personalized Orthopedics Market Report :-
Comprehensive quantitative analysis of the industry is provided for the period of 2020-2026 to assist stakeholders to capitalize on the prevailing market opportunities.
Comprehensive analysis of the factors that drive and restrict the market growth is provided in the Personalized Orthopedics Market report.
Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across regional.
Extensive analysis of the key segments of the industry helps in understanding the trends in types of point of care test across Global.
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