Press release
O-RAN: Potential Market Global Share: 2028 Prominent Players | Medtronic PLC, DePuy Synthes (Johnson & Johnson), Stryker Corp., NuVasive Inc., B.Braun Melsungen
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. 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.
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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.
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. 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.
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Table of Content:
Chapter One: Market Introduction
1.1. Scope of Study
1.2. Problem Statement
1.3. Market Segmentation
Chapter Two: Assumptions and Acronyms
Chapter Three: Executive Summary
3.1. Global Market in2022
3.2. Analyst Insights & Recommendations
3.3. Growth Opportunities and Key Strategies
3.4. Supply-side and Demand-side Trends
Chapter Four: Research Methodology
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Chapter Five: Analysis of COVID-19 Impact and Road Ahead
Chapter Six: Market Indicators and Background
6.1. Macro-Economic Factors
6.1.1. Global Population Overview and Forecast
6.1.2. Healthcare Spending by Country
6.1.3. Per Capita Healthcare Expenditure by Country
6.2. Forecasting Factors - Robust assessment of various factors including industrial performance, industry players, expenditures, and economic conditions among others
6.3. Supply Chain & Value Chain Analysis
6.3.1. Orthopedic Devices Manufacturers
6.3.2. Technology Integrators
6.3.3. Key End Users
6.4. Industry SWOT Analysis
6.5. PESTLE Analysis
6.6. Porter's Five Forces Analysis
Chapter Seven: Government Laws and Industry Regulations
Chapter Eight: Global and Regional Market Dynamics
8.1. Drivers
8.2. Restraints
8.3. Trends
8.4. Opportunities
Chapter Nine: Global Orthopedic Devices Market: Key Investment Analysis
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Email- sales@themarketinsights.com
Visit our website- https://www.themarketinsights.com/
About Us:
Delivering foresights along with statistical analysis of the operational business industry impacts has been our foremost priority. With the constant developments in the research & development industry, we have always challenged the conventional research methodologies and discovered new research tactics to evolve the growing B2B requirements.
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