openPR Logo
Press release

How COVID-19 Impacting Orthopedic Implants Market? Top Key Players : BioTek Instruments Inc., Zimmer Biomet , Integra LifeSciences Corporation , DePuySynthes Companies (Johnson & Johnson Services Inc.), ArthroCare Corporation , Medtronic , CONMED Corporat

06-09-2020 07:49 PM CET | Health & Medicine

Press release from: Fortune Business Insights

g Orthopedic Implants Market

g Orthopedic Implants Market

The global orthopedic implants market size is set to touch USD 64.0 billion by 2026, exhibiting a modest CAGR of 4.1% during the forecast period. Unprecedented rise in geriatric population across the globe to be the key growth driver of this market. According to the United States Census Bureau (USCB), the proportion of aged people to the total world population is steadily climbing. For example, in 2012, world population had reached 7 billion and the people aged 65 and above were 8% of this number or 562 million.
In 2015, the number rose by 55 million, with the percentage increasing to 8.5% of the total population in a span of 3 years. The USCB predicts that between 2025 and 2050, this geriatric population will double to reach 1.6 billion, whilst the total population will grow only by 34%.

Request a Sample Copy of the Research Report:
https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/orthopedic-implants-market-101659

The report covers :
o Global orthopedic implants market trends, with detailed analysis on consumer trends & manufacturer trends.
o Overview on supply analysis covering trends across raw material suppliers, technology providers and distributors.
o Key areas of investments identifying market opportunities and challenges in forecast time frame.
o Competitive analysis of the industry players along with the overview on strategic management.
o Comprehensive company profiles of the major industry players.

An Overview of the Impact of COVID-19 on this Market :
The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic.
We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of corona virus outbreak across industries to help you prepare for the future.

Click here to get the short-term and long-term impact of COVID-19 on this [Market].

Please visit : https://www.fortunebusinessinsights.com/industry-reports/orthopedic-implants-market-101659

Leading Players operating in the Orthopedic Implants Market are :

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:
• BioTek Instruments, Inc.
• Zimmer Biomet
• Integra LifeSciences Corporation
• DePuySynthes Companies (Johnson & Johnson Services, Inc.)
• ArthroCare Corporation
• Medtronic
• CONMED Corporation
• Smith & Nephew

Widespread Prevalence of Musculoskeletal Conditions to Spike Market Demand
Musculoskeletal conditions refer to disorders that adversely affect the locomotor system in the body, that is, bones, muscles, joints, ligaments, and tissues. Disorders related to these movements are increasing in prevalence, as stated by the World Health Organization (WHO). According to the WHO, between 20% and 33% of the world’s population is currently suffering from some painful and chronic musculoskeletal disease. The 2017 Global Burden of Disease Report revealed that musculoskeletal conditions were the second leading contributor to global disability, accounting for about 16% of all years with disability in an individual’s life. Given the economic costs associated with these disorders, the need to prevent them is stronger than ever today, which augurs well for the market as it will spur innovation among players in the forecast period.

North America to Hold a Commanding Position; Europe to Grow at an Impressive Rate
Among regions, North America is expected to dominate the global orthopedic implants market share owing to the increasing incidence of osteoarthritis in the region. Europe is projected to grow at a considerable rate on account of rapid spread of chronic diseases such as diabetes and obesity in the continent. In Asia-Pacific, rise in healthcare expenditure and increasing disposable incomes will propel the market in the region, as per the orthopedic implants market analysis by Fortune Business Insights. However, the market growth in Africa, Latin America, and the Middle East is anticipated to be slow due to low levels of development in these regions.

New Product Launches to Intensify Market Competition
Key players are looking to gain an edge in the competition through development and launch of new products. For instance, in September 2019, Zimmer Biomet, after receiving FDA approval, commercially released its customizable revision knee replacement device called Persona Revision Knee System for patients in the US. Some other players are engaging in sprucing up their research capacities through commissioning of trials and studies. For example, in September 2019, Medtronic’s clinical trial for testing its spine correction surgical procedure, InfuseBone Graft in Transforaminal Lumbar Interbody Fusion (TLIF), was green lit by the FDA.

Have Any Query? Ask Our Experts :
https://www.fortunebusinessinsights.com/enquiry/speak-to-analyst/orthopedic-implants-market-101659

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.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.

Phone:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245

Email: sales@fortunebusinessinsights.com

Linkedin | Twitter | BLogs

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release How COVID-19 Impacting Orthopedic Implants Market? Top Key Players : BioTek Instruments Inc., Zimmer Biomet , Integra LifeSciences Corporation , DePuySynthes Companies (Johnson & Johnson Services Inc.), ArthroCare Corporation , Medtronic , CONMED Corporat here

News-ID: 2070912 • Views:

More Releases from Fortune Business Insights

Reverse Flame Steam Boiler Market 2023 Dynamics, Major Players, SWOT Analysis, a …
Overview of the Global Reverse Flame Steam Boiler Market 2030: The report discusses everything a marketer requires before investing in the global Reverse Flame Steam Boiler Market during the forecast period 2023-2030. Reverse Flame Steam Boiler Market Size, Share And Global Trend By Capacity (Up to 100kW, 100-1000 kW, Above 1000 kW), By End-Use (Food Industry, Chemical Industry, Refineries, Metal Industry, Power Plant), And Geography Forecast Till 2022-2029. It provides detailed
Syngas and Derivatives Market Research Analysis, Size, Share, Growth Highlights …
Overview of the Global Syngas and Derivatives Market 2030: The report discusses everything a marketer requires before investing in the global Syngas and Derivatives Market during the forecast period 2023-2030. Syngas and Derivatives Market Size, Share and Global Trend By Feedstock(Coal, Petroleum, Natural Gas, Biomass), By Technology(Partial Oxidation, Steam Reforming, Auto-Thermal Reforming, and others), By End User(Chemicals, Power Generation, Liquid Fuels, Gaseous Fuels), and Geography Forecast till 2022-2029. It provides detailed
Port equipment Market Will Experience An Upswing In Demand, Driven By Top Players | Liebherr (Switzerland), TTS Group (Norway), Kalmar (Finland) Konecranes (Finland) |
Port equipment Market Will Experience An Upswing In Demand, Driven By Top Player …
The Port equipment Market Research Report provides an in-depth analysis of the market landscape and identifies future growth opportunities and trends until 2030. By offering valuable insights, the report enables companies to make informed decisions on business strategies and identify potential areas for growth. With a comprehensive assessment of the market, it equips businesses with the necessary tools to stay ahead of the competition. With this Port equipment Market research report,
Modular Chillers Market to reach USD 6.13 billion by 2026, at a CARG of 6.2% | LG Electronics, Mitsubishi Electric Corporation , Haier Group, Midea Group
Modular Chillers Market to reach USD 6.13 billion by 2026, at a CARG of 6.2% | L …
The Modular Chillers Market Report 2023 by Fortune Business Insights provides a comprehensive overview of the market's latest trends, size, regulations, key players, and strategies. The report offers valuable insights into the market's sales and revenue, product type, applications, regions, and leading players. Modular Chillers Market report also covers key players and competitor analysis, providing a comprehensive understanding of the industry's commercial landscape. The report is useful for gaining insights

All 5 Releases


More Releases for Orthopedic

Global Orthopedic Market, Global Orthopedic Industry, Covid-19 Impact Global Ort …
Orthopedics is a branch of the medicine that aims on the care of the musculoskeletal system. Such system is formed up of muscles and bones, as well as joints, tendons and ligaments. A person who specializes in the orthopedics is well-known as an orthopedist. The Orthopedists utilize both nonsurgical as well as surgical methods to cure a variety of musculoskeletal issues, such as joint pain, back problems, sports and injuries.
Global Veterinary Orthopedic Implants Market | Veterinary Orthopedic Implants In …
The veterinary orthopedic implants market comprises of sales of veterinary orthopedic implants and linked services. Veterinary orthopedic implants are utilized by veterinary surgeons for bone fixation surgeries, treating bone fractures in animals and are frequently made of metals such as pure commercial titanium (Ti) or titanium alloys, stainless steel, cobalt-chromium (Co-Cr) alloys. The orthopedic implants are also utilized as a support structure for medicinal fractures and reconstructive surgeries. Orthopedic implants
Global Pediatric Cranial Remolding Orthoses Market 2019 - Orthomerica, Ballert O …
The global "Pediatric Cranial Remolding Orthoses Market" report delivers a comprehensive and systematic framework of the Pediatric Cranial Remolding Orthoses market at a global level that includes all the key aspects related to it. The data is collected from different sources allied to the global Pediatric Cranial Remolding Orthoses market and the research team meticulously analyze the gathered data with the help of various analytical tools and present their opinion
Cranial Remolding Helmet Market 2017 to 2022 - Analysis of Ballert Orthopedic, C …
MarketResearchNest.com adds “Global Cranial Remolding Helmet Industry Market Research 2017” new reports to its research database. The report spread across 150 pages with tables and figures in it. In this report, we analyze the Cranial Remolding Helmet industry from two aspects. One part is about its production and the other part is about its consumption. In terms of its production, we analyze the production, revenue, gross margin of its main manufacturers
Orthopedic Drill Market Share 2017-2022 Pro Orthopedic, Content, Zimede, Jinlu M …
Global Orthopedic Drill Market Research Report Recently published a detailed market study on the "Orthopedic Drill Market" across the global, regional and country level. The report on the global Orthopedic Drill market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The Orthopedic Drill market report further provides production, capacity, Orthopedic Drill market price per region, gross margin, production cost, for
Global Breast Localization Wire Market 2017 - Orthomerica, Ballert Orthopedic, C …
The Breast Localization Wire Market 2017 examines the performance of the Breast Localization Wire market, enclosing an in-depth judgment of the Breast Localization Wire market state and the competitive landscape globally. This report analyzes the potential of Breast Localization Wire market in the present as well as the future prospects from various angles in detail. The Global Breast Localization Wire Market 2017 report includes Breast Localization Wire industry volume, market Share,