Press release
Orthopedic Implant Material Market By Product and Service, By Application, By End User and Region: Global Industry Analysis, Share, Opportunity, Competition and Forecast 2021 to 2027 - Johnson & Johnson, Stryker, Medtronic, Zimmer Biomet,
Market Intelligence Data has released a new report on the global “Orthopedic Implant Material market”. The document gives a complete evaluation of the market. It understands market development through in-depth insights, tracking historical results and analysing current scenarios and future forecasts based on optimistic and possible situations. The report provides detailed statistics on the Orthopedic Implant Material market industry and its framework. This report Provides intelligent marketing research for smarter decision-making and resource investment estimation. The report discusses these elements and describes the main players that are expected to extend the demand for the Orthopedic Implant Material market within the upcoming years.The Global Orthopedic Implant Material Market Size is Projected to Reach at a CAGR of 5% during 2021-2027.
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Industry top players are:
Johnson & Johnson, Stryker, Medtronic, Zimmer Biomet, Kinetic, Wego Group, ChunLi, Smith & Nephew, NuVasive, Wright Medical Group, Globus Medical, Orthofix International
Recent Development:
Johnson & Johnson has acquired 41 companies, including 11 in the last 5 years. A total of 9 acquisitions came from private equity firms. It has also divested 17 assets. Johnson & Johnson’s largest acquisition to date was in 2017 when it acquired Actelion for $30.0B. Its largest disclosed sale occurred in 2014 when it sold Ortho Clinical Diagnostics Holdings to The Carlyle Group for $4.2B. Johnson & Johnson has acquired in 12 different US states, and 6 countries. The Company’s most targeted sectors include life science (39%) and medical products (36%).
Stryker has acquired 45 companies, including 21 in the last 5 years. A total of 16 acquisitions came from private equity firms. It has also divested 4 assets. Stryker’s largest acquisition to date was in 2019, when it acquired Wright Medical Group N.V. for $5.4B. Its largest disclosed sale occurred in 2007 when it sold Physiotherapy Associates to Wind Point Partners for $150M. Stryker has acquired in 20 different US states, and 10 countries. The Company’s most targeted sectors include medical products (75%) and healthcare services (15%).
Orthopedic Implant Material Market Segmentation by Type:
Metal
Biological Ceramic
Polymer
Hard Material
Orthopedic Implant Material Market Segmentation by Application:
Trauma Series
Spinal Series
Joint Series
Asia-Pacific Dominates the Market:
Asia-Pacific presents lucrative opportunities for the key players operating in the orthopaedic implants market, owing to high population base, growth in awareness about orthopaedic implants, rise in demand for the advanced implant, development in healthcare infrastructure, and increase in demand for minimally invasive procedures. However, as insurance companies do not cover the entire material expenses of surgery, it is estimated to hamper the orthopaedic implants industry growth in Asia-Pacific. The rise in buying power with developing healthcare infrastructure, and the increase in the geriatric population are the main reasons for the growth of orthopaedic implants market in the Asia-Pacific region.
Regional Orthopedic Implant Material Market (Regional Output, Demand & Forecast by Countries)
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Ecuador, Chile)
Asia Pacific (China, Japan, India, Korea)
Europe (Germany, UK, France, Italy)
Middle East Africa (Egypt, Turkey, Saudi Arabia, Iran) And additional.
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Significant Features and Key Highlights of the Reports:
– Detailed overview of Orthopedic Implant Material Market
– Changing market dynamics of the industry
– In-depth market segmentation by Type, Application etc.
– Historical, current and projected market size in terms of volume and value.
– Recent industry trends and developments
– Competitive landscape of Orthopedic Implant Material Market
– Strategies of key players and product offerings
– Potential and niche segments/regions are exhibiting promising growth.
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The report gives answers to the following:
What strategies are followed by key players to fight this Covid-19 situation?
What are the essential matters drivers, opportunities, challenges, and dangers of the market will face surviving?
Which are the leading market players in the Orthopedic Implant Material industry?
What is the global marketplace's predicted compound annual growth rate (CAGR) during the forecast period (2021-2027)?
What could be the anticipated value of the Orthopedic Implant Material marketplace during the forecast period?
Covid-19 Impact and Recovery Analysis:
The number one goal of this Orthopedic Implant Material Market document is to provide Quantitative records within charts and graphs. The information regarding market fundamentals is provided purely for the sake of readers. All the readers on the side of stakeholders will understand the market situations and business enterprise environment because it needs to be through this properly-planned Market analysis. It turns smooth to collect the effect of COVID-19 on the market boom through this Orthopedic Implant Material market document.
Customization:
The Global Orthopedic Implant Material Market report may be modified to meet your specific business needs. Because we understand what our clients want, we provide up to 20% customization for our Market Intelligence Data reports at no additional cost to all of our Users.
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