Orthopedic Devices Market Size to witness a CAGR of 4.2% during 2019-2028: Key Players - Medtronic PLC, DePuy Synthes (Johnson & Johnson), Stryker Corp., NuVasive Inc., B.Braun Melsungen AG, Zimmer Biomet, Globus Medical Inc., Orthofix Medical Inc., Aescu

Market Study Report adds new research on Orthopedic Devices market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Orthopedic Devices market also includes an in-depth study of the industrys competitive scenario.

Global Orthopedic Devices Market Analysis and Forecast 2019-2028 The global orthopedic devices market is expected to expand at a CAGR of around 4.2% during the forecast period.

The high incidence of orthopedic disorders, such as degenerative bone disease, as well as the growing aging population and the rising number of road accidents are some of the major factors that drive the growth of the global orthopedic devices market.

Request Sample copy of this Report @ https://www.marketstudyreport.com/request-a-sample/5587018

Market Structure and Competition Landscape

Some of the prominent players that contribute significantly to the market growth are Medtronic PLC, DePuy Synthes (Johnson & Johnson), Stryker Corp., NuVasive Inc., B.Braun Melsungen AG, Zimmer Biomet, Globus Medical Inc., Orthofix Medical Inc., Aesculap Inc., CONMED Corp., and Donjoy Inc. among others.

Orthopedic devices are medical devices that are used to treat and prevent musculoskeletal injuries and abnormalities. These devices aid in the replacement of missing or broken bones, as well as providing support for the fractured bone.
Market Segmentation

The global orthopedic devices market has been analyzed on the basis of application, product, surgery type, end user, and region. Based on application, the market is segmented into hip orthopedic devices; knee orthopedic devices; spine orthopedic devices; dental orthopedic devices; sports injuries, trauma, and extremities (SET) orthopedic devices; and craniomaxillofacial (CMF) orthopedic devices.

Among these, knee orthopedic devices segment is estimated to hold a prominent share in the market. Based on product, the market is segmented into drill guide, guide tubes, implant holder, custom clamps, distracters, screw drivers, and accessories.

Based on surgery type, the market is bifurcated into open surgery and minimally invasive surgery. Owing to the increasing demand for minimally invasive surgery, it is estimated to exhibit a considerable growth rate during the forecast period.

Further, on the basis of end user, the market covers the analysis of hospitals, orthopedic clinics, and others. Among these, hospital segment is estimated to hold a prominent share in the market.

Geographically, the market is analyzed into North America, Western Europe, Eastern Europe, Asia Pacific, Latin America, and Middle East & Africa. North America is estimated to hold a prominent share in the market.

Some of the recent developments in the market include:

• In March 2021, Implanet, a medical technology company specializing in knee-surgery implants, acquired Orthopaedic & Spine Development (OSD).

• In November 2020, Medtronic PLC launched the Adaptix Interbody System, a titanium spinal implant. Titan Spine, a privately held surface technology and titanium spine interbody implant company, was also purchased by Medtronic. Such measures will help the market flourish even further.

Questions And Answers: Global Orthopedic Devices Market

Q1. What is the CAGR that the Orthopedic Devices Market is expected to register through the projected duration?
Answer: The Orthopedic Devices Market is likely to register a CAGR of 4.2% over the forecast period.

Q2. Which Are the Key Players in Global Orthopedic Devices Market?
Answer: Medtronic PLC, DePuy Synthes (Johnson & Johnson), Stryker Corp., NuVasive Inc., B.Braun Melsungen AG, Zimmer Biomet, Globus Medical Inc., Orthofix Medical Inc., Aesculap Inc., CONMED Corp., and Donjoy among others are the leading players in worldwide Orthopedic Devices Market

For more details on this report: https://www.marketstudyreport.com/reports/global-orthopedic-devices-market-trends-analysis-and-forecast-2019-2028

Contact Us:

Ritesh Tiwari
Head - Press and Media
Email: sales@marketstudyreport.com
Phone: 1-866-764-2150
MarketStudyReport.com

About US:

Market Study Report is a hub for market intelligence products and services. We streamline the purchase of your market research reports and services through a single integrated platform by bringing all the major publishers and their services at one place.
Our customers partner with Market Study Report, to ease their search and evaluation of market intelligence products and services and in turn focus on their company's core activities.
If you are looking for research reports on global or regional markets, competitive information, emerging markets and trends or just looking to stay on top of the curve then Market Study Report, is the platform that can help you in achieving any of these objectives.

This release was published on openPR.