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Orthopedic Implants Market to Skyrocket: Projections Indicate USD 71.11 billion Valuation by 2028 with a Growth Surge 5.1% CAGR | Key Players- Aesculap Implants Systems, Conmed Corporation,Biotek Instruments Inc.

08-08-2024 11:17 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Orthopedic Implants Market

Orthopedic Implants Market

Orthopedic implants- Share, Size, Trends, Industry Analysis. The global orthopedic implants market was valued at USD 49.02 billion in 2020, and it is expected to generate a CAGR of 5.1% during the forecast period.

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ

The report highlights overall market sales volume, revenue, key players, and regional insights to reveal a comprehensive overview of the market for orthopedic implants. According to the analysis, the market is expected to experience tremendous growth during the forecast period. An orthopedic implant is a medical device used in minimally invasive surgeries for replacing joints or bones.

๐‚๐ฅ๐š๐ข๐ฆ ๐˜๐จ๐ฎ๐ซ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐“๐จ๐๐š๐ฒ: https://www.polarismarketresearch.com/industry-analysis/orthopedic-implants-market/request-for-sample

๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐“๐ซ๐ž๐ง๐๐ฌ

โ€ข The geriatric population is at high risk of developing osteoporosis and osteoarthritis. Orthopedic implants are utilized in these cases to replace bones or joints. Thus, rising cases of these illnesses fuel the orthopedic implants market growth.
โ€ข Supportable Medicare reimbursements for various musculoskeletal disorders are augmenting the market growth. In addition, the increased number of sports-related injuries and joint replacements due to accidents is likely to drive the industry's growth.
โ€ข Moreover, the industry tends to gain demand over the predicted period owing to surging trauma and fracture cases and hip implants.

๐Š๐ž๐ฒ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ

Both large and small players thriving in the market contribute to the market's extreme fragmentation. Some of the top companies of orthopedic implants are:
โ€ข Zimmer Bionet Holdings Inc.
โ€ข Medtronic
โ€ข DePuy Synthes
โ€ข Aesculap Implants Systems
โ€ข Conmed Corporation.
โ€ข Biotek Instruments Inc.
โ€ข Smith and Nephew plc.
โ€ข The Orthopedic Implant Company
โ€ข Wright Medical Group
โ€ข N.V.
โ€ข Stryker Corporation
โ€ข Arthrocare Corporation
โ€ข Nuvasive Inc.

๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐˜๐จ๐ฎ๐ซ ๐๐ซ๐ž๐ฆ๐ข๐ฎ๐ฆ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐“๐จ๐๐š๐ฒ: https://www.polarismarketresearch.com/buy/312/2

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž

North America continues to dominate the market driven by the rising healthcare spending by local government and developed healthcare infrastructure in America and Canada.
Market Dynamics:
Growth Drivers: The research report covers all the major factors anticipated to drive the growth of the market. Besides, key industry trends and developments have been included in the report.
Technological Advancements: The study sheds light on all the major technological advancements projected to boost the [KEYWORD] market growth. Also, innovations and new product introductions by key industry participants have been detailed.
Regulatory Policies: The impact of regulatory changes and policies on the industry's development has been examined and analyzed in the study for a more thorough market understanding.

๐ƒ๐ข๐ฌ๐œ๐จ๐ฏ๐ž๐ซ ๐ญ๐ก๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ž๐ซ๐ž:
https://www.polarismarketresearch.com/industry-analysis/orthopedic-implants-market

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ฅ ๐๐ซ๐ž๐š๐ค๐๐จ๐ฐ๐ง

The orthopedic implants market is primarily segmented by application and by region. When broken down by application, the overall market is segmented as spinal, hip, knee, dental, craniomaxillofacial, and S.E.T (Sports Medicine, Extremities, Trauma) orthopedic implants. Among these, the knee category holds the largest share because of the increased volume of joint replacement surgeries for an aging population across the globe.

Orthopedic Implants, Application Outlook (Revenue - USD Million, 2016 - 2028)
โ€ข Spinal
โ€ข Hip
โ€ข Knee
โ€ข Dental
โ€ข Craniomaxillofacial
โ€ข E.T (Sports Medicine, Extremities, Trauma)

๐‡๐š๐ฏ๐ž ๐š ๐‹๐จ๐จ๐ค ๐š๐ญ ๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐Ÿ ๐‡๐ž๐š๐ฅ๐ญ๐ก๐œ๐š๐ซ๐ž ๐ƒ๐จ๐ฆ๐š๐ข๐ง:
Point Of Care (Poc) Diagnostics Market: https://www.polarismarketresearch.com/industry-analysis/point-of-care-poc-diagnostics-market

Specialty Generic Drugs Market: https://www.polarismarketresearch.com/industry-analysis/global-specialty-generic-drugs-market

Alzheimer's Therapeutics Market: https://www.polarismarketresearch.com/industry-analysis/alzheimers-therapeutics-market

Cell Harvesting Systems Market: https://www.polarismarketresearch.com/industry-analysis/cell-harvesting-systems-market

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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