Orthopedic Devices Market : Top Players - aap Implantate AG, Alphatec Spine Inc., Arthrex, B. Braun Melsungen AG, ConforMIS, Inc., Conmed Corporation, DePuy Synthes Companies, DJO Global, Globus Medical, Integra LifeSciences

Orthopedic Devices Market is set to exceed USD 53 billion by 2024 according to this new research report. Increasing geriatric population, growing prevalence of arthritis and osteoporosis, and rising demand for minimally invasive surgeries should fuel industry growth over the forecast timeframe. Advancements in technology such as in 3D printing, smart implants, and robot-assisted surgeries will further stimulate industry growth.

Rising number of road accidents along with increasing sports related injuries will enhance the business growth. Moreover, poor diet intake, lack of physical activity and adversely changing lifestyle will also help in driving the orthopedic devices market.

Orthopedic devices market growth may be hindered by the dearth of skilled professionals and lack of uniform reimbursement scenario. Also, the high cost of surgeries, strict FDA regulations and biocompatibility issues, and low per capita expenditure in emerging countries will impede the business growth.

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Joint reconstruction market should grow at lucrative rate due to increasing unmet needs of bone related infirmities. Advancement in technology such as minimally invasive implants will fuel the business of joint reconstruction.

Trauma fixation will foresee substantial rise during the forecast period due to prevalence of road accidents and sports related injuries. Increasing occurrence of degenerative disc related disorders in elderly population will fuel the spinal devices market.

U.S. orthopedic devices market should fuel at a significant rate over the forecast period owing to increase in the elderly population base, rising prevalence of arthritis, osteoporosis and musculoskeletal disorders, technological advancements, and rising demand for minimally invasive surgery. UK accounted for largest European revenue share due to the dominance of bone related disorders and presence of large number of elderly population.

Rising geriatric population base and increasing occurrence of spine related disorders will boost the orthopedic devices market in China and India. Availability of advanced healthcare treatment and growing awareness amongst the patients will spur the regional growth.

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The technological advancements in orthopedic devices market such as customized implants, smart implants with microprocessors for instantaneous data transmission, and other following products will propel business. Moreover, gene therapy techniques and tissue engineering are going to add potential benefits to the industry.

Major industry players operating in orthopedic devices market are Medtronic Spinal, Stryker, Zimmer Biomet, DJO Global, ConforMIS, NuVasive, Globus Medical, MicroPort Scientific (Wright medical group), Medacta, DePuy Synthes, Smith and Nephew, Waldemar Link, Artherex, Conmed, Alphatec Spine, Trimed, Implantate and Integra Lifesciences. The key strategies followed by these companies are new product launches and geographical expansion. Strategic acquisitions and mergers will help industry players to preserve their position in highly competitive market.

Report Content

Chapter 1. Methodology
1.1. Methodology
1.2. Market definition
1.3. Forecast parameters
1.4. Data sources
1.4.1. Secondary
1.4.1.1. Paid sources
1.4.1.2. Unpaid sources
1.4.2. Primary

Chapter 2. Executive Summary
2.1. Orthopedic devices industry 3600 synopsis, 2014 - 2025
2.1.1. Business trends
2.1.2. Product trends
2.1.3. Regional trends

Chapter 3. Orthopedic Devices Market Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2014 - 2025
3.3. Industry impact forces
3.3.1. Growth drivers
3.3.1.1. Growing base of geriatric population
3.3.1.2. Augmented incidence of orthopedic diseases
3.3.1.3. Technological advancements
3.3.1.4. Escalating rate of orthopedic surgeries in developed nations
3.3.2. Industry pitfalls & challenges
3.3.2.1. Excessive cost of orthopedic devices
3.3.2.2. Stringent FDA regulations and biocompatibility issues
3.3.2.3. Post-surgery complications
3.4. Growth potential analysis
3.4.1. By product
3.5. Business model
3.5.1. Zimmer Biomet
3.5.2. Smith & Nephew
3.5.3. Stryker
3.6. Technology landscape
3.7. Regulatory landscape
3.7.1. U.S.
3.7.2. Europe
3.8. Porter's analysis
3.9. Company market share analysis, by devices
3.10. Competitive landscape, 2017
3.10.1. Company market share analysis, 2017
3.10.2. Strategy dashboard
3.11. PESTEL analysis

Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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