Report On Orthopedic Device Market 2021 | North America is Likely to Lead the Market During the Estimate Period, With a CAGR of 3.8%
The report can help to understand the market in-depth and strategize for business expansion accordingly in the future. In the strategic analysis process, it gives insights from marketing channel and market positioning to potential growth strategies, providing in-depth analysis for new entrants or exists competitors in the Orthopedic Device Market now and in the future.
The orthopedic device market was valued at USD 52,743.1 million in 2019 and is expected to reach USD 80,481.3 million in 2029, with a CAGR of 4.4%.
Aimed to offers the most segmented consumption and sales data of downstream consumption fields and competitive landscape in various regions and countries around the globe, this report analyses the latest market data from the primary and secondary authoritative sources also.
Smart implants are now embedded with sensors to provide surgeons with real-time information for positioning and post-operative evaluation for better patient care. These implants are cost-effective and can eliminate periprosthetic contamination.
Recently, Zimmer Biomet and OrthoSensor entered into a smart implant co-marketing agreement to improve joint equilibrium during complete knee arthroplasty. Similarly, Stryker and OrthoSensorare working together on smart knee implants.
Market Key Drivers, Restraints, and Opportunities:
On the contrary, technological advancements are expected to open lucrative opportunities for the market players in the future.
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Cumulative Impact of COVID-19 on Orthopedic Device Market:
COVID-19 is a unique global public health emergency that has affected almost every industry in the world, and the long-term effects are predicted to influence the industry growth during the estimated period. Our ongoing research amplifies our research framework to ensure the enclosure of underlying COVID-19 issues and potential paths forward.
The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of present market forces, and the significant involvements of governments. The updated study offers market insights, industry analysis, estimations, and forecasts, considering the COVID-19 impact on the market.
In July 2019, MicroportOrthopedics launched its Evolution NitrX Medial-Pivot Knee System, an innovative joint replacement implant
Global Orthopedic Device Market is Segmented Based Segmentation and Region.
By Product: Arthroscopy/Soft tissue, Spine, Joint Reconstruction, Trauma, Orthobiologics
By End-Use: Hospitals and clinics, Ambulatory surgical center
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Reasons to Buy this Report:
Gain detailed insights on the Orthopedic Device industry trends
Find complete analysis on the market status and value
Identify the Orthopedic Device market opportunities and growth segments
Analyze competitive dynamics by evaluating business segments, product value & product portfolios
Facilitate strategy planning and industry dynamics to enhance market decision making
Company Profiles of Orthopedic Device Market:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Orthopedic Device Market, including Stryker Corp, Medtronic, Zimmer Biomet, DJO Global, MicroportOrthopeics (Wright Medical), NuVasive Inc, Globus Medical, Arthrex, DePuySynthes (J&J), Smith & Nephew,
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Table of Contents of Orthopedic Device Market:
Study Coverage: It includes key vendors covered, key market segments, the scope of products offered in the global Flanged Heaters market, years considered, and study objectives. Additionally, it touches on the segmentation study offered in the report on the basis of the market segments.
Executive Summary: It gives an overview of key studies of industry, market growth rate, competitive landscape, key restraints, market drivers, key trends, and industry issues, swot analysis, and macroscopic indicators of the market.
Production by Region: Here, the report offers information regarding to import and export details, production, revenue, market sales, and key vendors of all regional markets studied.
Profile of Manufacturers: Every vendor profiled in this section is studied on the basis of SWOT analysis, their products, market production, value, capacity, and other vital factors.
Click Here to Access the Toc of Orthopedic Device Market Report @ https://straitsresearch.com/report/orthopedic-device-market/toc
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