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
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:
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
• 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 :
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
Fortune Business Insights(TM) Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune - 411045, Maharashtra, India.
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Linkedin | Twitter | BLogs
This release was published on openPR.
Permanent link to this press release:
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: 164
More Releases from Fortune Business Insights
Rheology Modifiers Industry Forecast 2030 - Featuring Kerry Group plc., Archer-D …
Final Report will add the Impact of COVID-19 Analysis on Rheology Modifiers Industry: The increasing demand for healthy food items and drinks worldwide is set to affect growth positively in the near future. Besides, the renowned companies are trying to revitalize their positions with the transforming market trends. Such a step would help them in leading the market for a longer period of time. Fortune Business Insights published this information in
Meat Coating Ingredients Industry Forecast 2030 - Featuring Food Ingredients & S …
Final Report will add the Impact of COVID-19 Analysis on Meat Coating Ingredients Industry: The increasing demand for healthy food items and drinks worldwide is set to affect growth positively in the near future. Besides, the renowned companies are trying to revitalize their positions with the transforming market trends. Such a step would help them in leading the market for a longer period of time. Fortune Business Insights published this information
COVID-19 Impact on Pleated Filters Market Size and Growth Forecast till 2026; To …
Final Report will add the Impact of COVID-19 Analysis on Pleated Filters Market Industry: The global Pleated Filters Market is likely to experience dynamic growth in the forthcoming years as a result of rapid innovations and technological advancements, along with speedy globalization. The Pleated Filters Market size is forecasted to reach Highest Revenue by 2026. According to a report published by Fortune Business Insights, titled “Pleated Filters Market Size, Share &
COVID-19 Impact on Superfoods-based Packaged Snacks Market Size and Growth Forec …
Final Report will add the Impact of COVID-19 Analysis on Superfoods-based Packaged Snacks Market Industry: The global Superfoods-based Packaged Snacks Market is likely to experience dynamic growth in the forthcoming years as a result of rapid innovations and technological advancements, along with speedy globalization. The Superfoods-based Packaged Snacks Market size is forecasted to reach Highest Revenue by 2026. According to a report published by Fortune Business Insights, titled “Superfoods-based Packaged
More Releases for Orthopedic
Global Orthopedic Orthotics Market Growth
According to a new report Global Orthopedic Orthotics Market, published by KBV research, the Orthopedic Orthotics Market Size was valued at $3 billion in 2016, and is estimated to reach $5 billion by 2023, growing at a CAGR of 6.3% during the forecast period The Dynamic Orthotic Manufacturing market held the largest share in the Global Orthopaedic Orthotics Market by Posture in 2016, and would continue to be a dominant market
Orthopedic Devices Market growing medical industry 2022
ICRWorld's Orthopedic Devices market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. The report includes the forecasts, Analysis and discussion of important industry trends, market size, market share estimates and profiles of the leading
Orthopedic Implants Market - Current and Future Plans
Orthopedic implants can be defined as medical devices used to either replace or provide fixation of bone or to replace articulating surfaces of a joint. Thus, orthopedic implants are vital devices used to either replace or assist damaged or injured bones. Most orthopedic implants in the market today, fall under the Class III category, which is the most scientifically rigorous classification of
Orthopedic Navigation Systems Market Growth Analysis 2025
Computer-assisted navigation systems or orthopedic navigation systems incorporate intra-operative execution and pre-operative planning information by demonstrating three-dimensional computer images in relative patient anatomy that is image-guided surgery systems. These image-guided surgery systems consist of a computer workstation with surgical planning and image-processing software, a display monitor, and a digitization system. Computer software allows the surgeon to measure angles, volumes, and distances and to zoom and rotate. Report Overview @ https://www.transparencymarketresearch.com/orthopedic-navigation-systems-market.html This
Global Orthopedic Devices Market Research Report 2016
Global Orthopedic Devices Industry 2016 Market Overview, Size, Share, Trends, Analysis, Technology, Applications, Growth, Market Status, Demands, Insights, Development, Research and Forecast 2016-2020. The cumulative effect of diverse factors has been responsible behind the stability of the global Orthopedic Devices market. While there are a few factors creating hindrances for the market, overall the stability is expected to remain intact through the course of the forecast period between 2016 and 2021.
Orthopedic Trauma Devices Market to Grow Globally
Orthopedic Trauma Devices Market Overview Orthopedic trauma is a condition that includes injuries mainly affecting the human skeleton and deteriorating the condition of the subject. It includes the conditions ranging from simple fracture to severe life threatening injuries that are caused due to accidents. Orthopedic trauma includes multiple broken bones across different parts of the body that involve extensive reconstructive surgery. Severe orthopedic traumas can only be treated by fracture specialists