Global Orthopedic Devices Market Segmented By Application And Geography Trends, Growth And Forecasts To 2024|Medtronic, Touch Bionics Inc. and Touch Bionics Limited, Johnson & Johnson Services, Inc., Stryker, NuVasive, Inc

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 report explains strategic profiling of the key players in the market, comprehensively analyzing their core competencies, and their strategies such as new product launches, expansions, agreements, joint ventures, partnerships, and acquisitions which are vital for the businesses to take better steps to improve their strategies and thereby effectively retail goods and services. The information, statistics, facts and figures delivered via this report helps companies in medical device industry to maximize or minimize the production of goods depending on the conditions of demand. The Orthopedic Devices report makes the business well acquainted with insightful knowledge of the global, regional and local market statistics.

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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:

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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