Orthopedic Implants Market Global Industry Analysis, Size, Share, Opportunity and Forecast 2018 - 2026

According to a newly released TMR report, the orthopaedic implants market will offer much to smile about for investors during 2018-2026 period. The advent of new technologies like 3D printing has improved the implant treatment significantly. Earlier, acquisitions of new implants can take anywhere between 4-6 weeks. Additionally, conventional implants offered little room for customization, and personalization. This was essential for children due to the sensitive nature of their treatment. However, the advent of 3D printing, albeit a heavy investment, promises to provide a bone for growth with considerably reduced turnaround times, and more personalization opportunities.

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According to TMR experts, the market will likely grow at a notable 4.0% CAGR during the forecast period, due to new innovations, expansion of healthcare in emerging regions, and rising elderly population in the western world. Moreover, according to recent estimates, there are over 2 million patients visit the emergency department for injuries from head trauma. However, current manufacturing techniques has led to several product recalls, and inefficiencies harmful for these patients. The advent of 3D printing not only promises to resolve earlier issues, but also result in new opportunities such as organ transplantation
Among regions, North America region will likely register highest revenues, thanks to increased push for innovation by the FDA, growing investments in research and development by major pharmaceuticals, and favourable winds for a more suitable reimbursement model. On the other hand, Asia Pacific is likely to register the fastest CAGR, thanks to expanding access to healthcare, and rising disposable income.

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This release was published on openPR.