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Orthopedic Devices Market by top Key Players are Smith & Nephew, Stryker, Zimmer Biomet, Medical Devices Business Services, Inc. (Johnson & Johnson), NuVasive, Inc., Medtronic, Integra LifeSciences, Wright Medical Group N.V, Össur Corporate, Globus Medica

04-29-2020 08:26 AM CET | Health & Medicine

Press release from: Fortune Business Insights Pvt. Ltd

The global orthopedic devices market is set to gain traction from the ever-increasing geriatric population across the world. As per a research published in 2015 by the United Health Foundation, every year, more than 300,000 adults belonging to the age group of 65 years and above are estimated to be hospitalized for hip fractures. Besides, around 30% of seniors fall per year. It is further leading to higher number of orthopedic injuries. Fortune Business Insights(TM) published this information in a recent study, titled, "Orthopedic Devices Market Size, Share & Industry Analysis, By Type (Joint Reconstruction Devices, Spinal Devices, Trauma Devices, Dental Implants, Orthobiologic Devices, Arthroscopy Devices, and Others), By End User (Hospitals, Orthopedic Clinic, Ambulatory Surgical Centers, and Others), and Regional Forecast, 2019-2026." The study further mentions that the orthopedic devices market size stood at USD 51.33 billion in 2018 and is projected to reach USD 71.67 billion by 2026, thereby exhibiting a CAGR of 4.3% during the forecast period.

Highlights of the Report:

In-depth analysis of various insights, namely, Orthopedic Devices Market trends, growth drivers, opportunities, and other related challenges.
Comprehensive details of key market players, their core competencies, and Orthopedic Devices Market share.
The potency of suppliers and buyers to make better business decisions.
Lists out the market size in terms of volume.
For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/orthopedic-devices-market-102586

Key Players Operating in The Orthopedic Devices Market Include:

Key players are involved in mergers and acquisition to strengthen their market position. Owing to increasing competition frequent innovations are taking place in the market. Some of the companies operating the industry are:

Smith & Nephew
Stryker
Zimmer Biomet
Medical Devices Business Services, Inc. (Johnson & Johnson)
NuVasive, Inc.
Medtronic
Integra LifeSciences
Wright Medical Group N.V.
Össur Corporate
Globus Medical
Other prominent players
Segment-

Joint Reconstruction Segment to Lead Backed by Increasing Number of Surgical Procedures

Based on type, the market is grouped into joint reconstruction devices, dental implants, trauma devices, spinal devices, orthobiologic devices, arthroscopy devices, trauma devices, and others. Out of these, in 2018, the joint reconstruction segment held 35.8% in terms of orthopedic devices market share and is anticipated to lead the market throughout the forecast period. This growth is attributable to the rising number of procedures, namely, extrementies and shoulder reconstructions, hip and knee replacements, and other similar procedures associated with joints. The arthroscopy devices segment is likely to expand at fast pace owing to the increasing emergence of novel products and upsurging cases of soft tissue injuries related to sports

Request a Sample Copy of the Research Report: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/orthopedic-devices-market-102586

Regional Analysis-

High Purchasing Power of the Masses to Favor Growth in Asia Pacific

Geographically, the market is fragmented into Latin America, Asia Pacific, the Middle East and Africa, North America, and Europe. Amongst these, North America procured USD 23.86 billion orthopedic medical devices market revenue in 2018. This growth is attributable to the presence of adequate reimbursement policies, as well as surging incidence of orthopedic surgeries. Apart from these, availability of state-of-the-art treatment options and rising awareness among the patient pool regarding the presence of these advanced devices would contribute to the market growth.

Europe, on the other hand, is set to generate the second-largest market share in the coming years on account of the rising healthcare expenditure and increasing awareness campaigns about unique products. Asia Pacific would showcase a considerable CAGR because of the growing patient pool and increasing purchasing power of the masses in the developing nations, such as China and India.

Detailed Table of Content:

Introduction
1.1. Research Scope

1.2. Market Segmentation

1.3. Research Methodology

1.4. Definitions and Assumptions

Executive Summary
Market Dynamics
3.1. Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

Key Insights
4.1 Prevalence of Orthopedic Diseases by Key Countries/Region

4.2 Key Industry Developments - Mergers, Acquisitions, Partnerships & New Product Launch

4.3 Overview of New Product Launches

4.4 Regulatory and Reimbursement Scenario by Key Countries/Region

Global Orthopedic Devices Market Analysis, Insights and Forecast, 2015-2026
5.1. Key Findings / Summary

5.2. Market Analysis, Insights and Forecast - By Type

5.2.1 Joint Reconstruction Devices

5.2.1.1 Knee

5.2.1.2 Hip

5.2.1.3 Extremeties

5.2.2 Spinal Devices

5.2.2.1 Spinal Fusion Devices

5.2.2.2 Spinal Non- Fusion Devices

5.2.3 Trauma Devices

5.2.4 Arthroscopy Devices

5.2.5 Orthobiologic Devices

5.2.6 Dental Implants

5.2.6.1 Endosteal Implants

5.2.6.2 Superperiosteal Implants

5.2.6.3 Transosteal Implants

 5.2.7 Others

5.3. Market Analysis, Insights and Forecast - By End User

5.3.1 Hospitals

5.3.2 Orthopedic Clinic

5.3.3 Ambulatory Surgical Centers

5.3.4 Others

5.4. Market Analysis, Insights and Forecast - By Region

5.4.1 North America

5.4.2 Europe

5.4.3 Asia Pacific

5.4.4 Latin America

5.4.5 Middle East & Africa

Have Any Query? Ask Our Experts: https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/orthopedic-devices-market-102586

Report Focus:

Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Orthopedic Devices Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates

Reasons to Purchase this Report:

Comprehensive analysis of the Orthopedic Devices Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.

KEY QUESTIONS ANSWERED:

What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the Orthopedic Devices Market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?

About Us:

Fortune Business Insights(TM) offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them to address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights(TM) we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

Fortune Business Insights(TM) Pvt. Ltd.

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Pune-Bangalore Highway,

Pune - 411045, Maharashtra, India.

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You can edit or delete your press release Orthopedic Devices Market by top Key Players are Smith & Nephew, Stryker, Zimmer Biomet, Medical Devices Business Services, Inc. (Johnson & Johnson), NuVasive, Inc., Medtronic, Integra LifeSciences, Wright Medical Group N.V, Össur Corporate, Globus Medica here

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