Press release
Orthopedic Devices Market Predicted to Reach USD 57.76 Billion by 2032, with a Notable Annual Growth Rate of 4.47% | Data by PMR
๐๐๐๐จ๐ซ๐๐ข๐ง๐ ๐ญ๐จ ๐ญ๐ก๐ ๐ซ๐๐ฌ๐๐๐ซ๐๐ก ๐ซ๐๐ฉ๐จ๐ซ๐ญ, ๐ญ๐ก๐ ๐ ๐ฅ๐จ๐๐๐ฅ ๐จ๐ซ๐ญ๐ก๐จ๐ฉ๐๐๐ข๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ ๐๐๐ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐ ๐๐ง๐ ๐ข๐ฌ ๐๐ฑ๐ฉ๐๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก ๐๐๐ ๐๐.๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ญ๐จ ๐ ๐ซ๐จ๐ฐ ๐๐ญ ๐ ๐๐๐๐ ๐จ๐ ๐.๐๐% ๐๐ฎ๐ซ๐ข๐ง๐ ๐ญ๐ก๐ ๐๐จ๐ซ๐๐๐๐ฌ๐ญ ๐ฉ๐๐ซ๐ข๐จ๐.Osteoarthritis, rheumatoid arthritis, osteoporotic fractures, and carpal tunnel syndrome are just a handful of orthopedic illnesses and maladies that are growingly being cured clinically with orthopedic devices. The growing acceptance of these treatments is pushing the growth of the market exponentially. Additionally, the price of more conventional orthopedic devices is anticipated to plunge, notably with the initiation of more contemporary ones. This will escalate the market growth.
๐๐ฅ๐ข๐๐ค ๐ญ๐จ ๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ง๐ ๐๐ซ๐ข๐ฏ๐ ๐๐ฆ๐ฉ๐๐๐ญ๐๐ฎ๐ฅ ๐๐๐๐ข๐ฌ๐ข๐จ๐ง๐ฌ:
https://www.polarismarketresearch.com/industry-analysis/orthopedic-devices-market/request-for-sample
๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐ญ๐ข๐ฏ๐ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ข๐ฌ
A different product portfolio of orthopedic devices and continual inventions causing contemporary device initiation are the leading elements accountable for the growth of the firms functioning in the market. Some of the prominent players operating in the orthopedic devices market include:
โข Medtronic PLC
โข Stryker Corporation
โข Zimmer-Biomet Holdings Inc.
โข DePuy Synthes
โข Smith and Nephew PLC
โข Aesculap Implant Systems LLC
โข Conmed Corporation
โข Donjoy Inc.
โข NuVasive Inc..
๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ญ๐ซ๐จ๐๐ฎ๐๐ญ๐ข๐จ๐ง
Orthopedic devices are technical medical devices intended to prohibit, handle, or cure musculoskeletal problems. They are utilized to reinforce, equilibrate, or restore bones, joints, and another framework in the musculoskeletal system. These gadgets play an important part in orthopedic medicines by assisting patients in retrieving movability, relieving pain, and enhancing the standard of life. The device sanctions persons to carry out everyday ventures, take part in physical ventures, and reclaim independence.
Some orthopedic fixation devices, such as plates, screws, and rods, offer reinforcement and steadiness to fractured or mutilated bones. They assist in speedier alleviating procedures by disabling counterfeit areas and easing appropriate continuity.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐จ๐ฉ๐
The countries covered in the market report are Europe, North America, Latin America, Asia Pacific, and the Middle East & Africa. According to the analysis, North America dominated the market with the largest share. The presence of industry mammoths, a well-established healthcare framework, and recompense scope are expected to push the market in the region. Moreover, with a robust CAGR traversing throughout the predicted period, the Asia Pacific region is set to expand at the swiftest rate.
๐๐๐ญ ๐๐ก๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐๐ญ๐๐ข๐ฅ๐๐ ๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐ซ๐ค๐๐ญ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
https://www.polarismarketresearch.com/buy/2227/2
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค
๐๐ซ๐ญ๐ก๐จ๐ฉ๐๐๐ข๐ ๐๐๐ฏ๐ข๐๐๐ฌ, ๐๐ฉ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐ - ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐ - ๐๐๐๐)
โข Hip
โข Knee
โข Spine
โข Cranio-Maxillofacial (CMF)
โข Dental
๐๐ซ๐ญ๐ก๐จ๐ฉ๐๐๐๐ข๐ ๐๐๐ฏ๐ข๐๐๐ฌ, ๐๐ซ๐จ๐๐ฎ๐๐ญ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค (๐๐๐ฏ๐๐ง๐ฎ๐ - ๐๐๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง, ๐๐๐๐ - ๐๐๐๐)
โข Accessories
โข Surgical Devices
๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ:
๐๐ ๐ข๐ง๐ ๐๐จ๐ฉ๐ฎ๐ฅ๐๐ญ๐ข๐จ๐ง: The growing elderly population contributes to increased demand for joint replacement surgeries and orthopedic interventions.
๐๐ซ๐๐ฏ๐๐ฅ๐๐ง๐๐ ๐จ๐ ๐๐ก๐ซ๐จ๐ง๐ข๐ ๐๐จ๐ง๐๐ข๐ญ๐ข๐จ๐ง๐ฌ:Rising incidence of chronic orthopedic conditions such as osteoarthritis and osteoporosis drives market growth.
๐๐๐๐ก๐ง๐จ๐ฅ๐จ๐ ๐ข๐๐๐ฅ ๐๐ง๐ง๐จ๐ฏ๐๐ญ๐ข๐จ๐ง๐ฌ: Continuous advancements in materials, implant design, and surgical techniques improve the effectiveness and safety of orthopedic devices.
๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ง๐ฃ๐ฎ๐ซ๐ข๐๐ฌ: Growing participation in sports and recreational activities leads to a higher prevalence of orthopedic injuries, fueling demand for orthopedic devices.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐จ๐ซ๐ ๐๐๐ญ๐๐ข๐ฅ๐ฌ:
https://www.polarismarketresearch.com/industry-analysis/orthopedic-devices-market
๐๐ซ๐ญ๐ก๐จ๐ฉ๐๐๐ข๐ ๐๐๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ
โข In 2021, the knee orthopaedic equipment segment held a major market share. From 2022 to 2030, this market is anticipated to continue to rule due to the rise in knee operations. However, two major obstacles to segment growth are high costs and protracted follow-up times.
โข Based on the products, the market is segmented into surgical instruments and accessories. The accessories market is expected to experience the highest CAGR. The accessories category also contains supplies and items like braces and arthroscopy equipment. This area also contains additional things like sutures, fasteners, and plaster supplies
โข North America led the global market for orthopaedic devices in 2021. The regional market's high demand for advanced healthcare services is anticipated to be fueled by the existence of industry heavyweights, a well-developed healthcare infrastructure, and reimbursement coverage. Due to ageing and an increase in traffic accidents, the target patient community is constantly expanding, which is further increasing the quantity of orthopaedic operations carried out nearby.
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
๐ ๐ฅ๐จ๐ฐ ๐๐ฒ๐ญ๐จ๐ฆ๐๐ญ๐ซ๐ฒ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/flow-cytometry-market
๐๐ฎ๐ซ๐ ๐ข๐๐๐ฅ ๐๐จ๐๐จ๐ญ๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/surgical-robot-market
๐๐ข๐จ๐๐ง๐๐ฅ๐ฒ๐ญ๐ข๐๐๐ฅ ๐๐๐ฌ๐ญ๐ข๐ง๐ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/bioanalytical-testing-services-market
๐๐ง๐ญ๐ข๐๐ข๐จ๐ญ๐ข๐๐ฌ ๐๐๐ซ๐ค๐๐ญ: https://www.polarismarketresearch.com/industry-analysis/antibiotics-market
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
Polaris Market Research is a worldwide market research and consulting organization. We give unmatched nature of offering to our customers present all around the globe across industry verticals. Polaris Market Research has expertise in giving deep-dive market insight along with market intelligence to our customers spread crosswise over various undertakings. We at Polaris are obliged to serve our different client base present over the enterprises of medicinal services, healthcare, innovation, next-gen technologies, semi-conductors, chemicals, automotive, and aerospace & defence, among different ventures present globally.
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