Global Orthopedic Devices Market Future Demand, Market Analysis & Outlook to 2024|Zimmer Biomet, Wright Medical Group N.V., APATECH LTD., ArthroCare Corporation

Global Orthopedic Devices Market accounted to USD 14.5 billion in 2016 growing at a CAGR of 10.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.

Orthopedic Devices market analysis report encompasses the growth factors of the worldwide market based on end-users. Also, the industry changing factors for the market segments are explored in this report. The report forecasts the innovative applications of the product market on the basis of several estimations. The report also provides market price analysis and value chain features. The market research performed over here was provided for leading growth status, including developments, segmentation, landscape analysis, product types and applications. Orthopedic Devices market document gives information about the competitive situation among the market vendors and company profile.

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Some of the major players operating in global orthopedic devices market are

Zimmer Biomet,

Wright Medical Group N.V.,

APATECH LTD.,

ArthroCare Corporation,

Medtronic,

Touch Bionics Inc. and Touch Bionics Limited,

Johnson & Johnson Services, Inc.,

Stryker, NuVasive, Inc.,

Smith & Nephew,

Competitive Analysis: Global Orthopedic Devices Market

The global orthopedic devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of orthopedic devices market for global, Europe, North America, Asia Pacific and South America.

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Market Segmentation: Global Orthopedic Devices Market

Product

(Accessories, Surgical Devices {Drill Guide, Guide Tubes, Implant Holder, Custom Clamps, Distracters, Screw Drivers}),

Devices

(Hip Orthopedic Devices, Knee Orthopedic Devices, Spine Orthopedic Devices, Craniomaxillofacial Orthopedic Devices, Dental Orthopedic Devices, Sports Injuries, Extremities and Trauma Orthopedic Devices),

End-Users

(Hospitals, Ambulatory Centers, Home Care Settings, Others)

Major market drivers and restraints:

Technological advancements
Increasing Geriatric Population
Lack in established clinical records and strict regulations
Higher treatment costs
Shortage Of Skilled Professionals

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