Press release
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.
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.๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
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.
๐๐ฅ๐๐ข๐ฆ ๐๐จ๐ฎ๐ซ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐๐จ๐๐๐ฒ: https://www.polarismarketresearch.com/industry-analysis/orthopedic-implants-market/request-for-sample
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ
โข 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.
โข 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.
โข Moreover, the industry tends to gain demand over the predicted period owing to surging trauma and fracture cases and hip implants.
๐๐๐ฒ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ
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:
โข Zimmer Bionet Holdings Inc.
โข Medtronic
โข DePuy Synthes
โข Aesculap Implants Systems
โข Conmed Corporation.
โข Biotek Instruments Inc.
โข Smith and Nephew plc.
โข The Orthopedic Implant Company
โข Wright Medical Group
โข N.V.
โข Stryker Corporation
โข Arthrocare Corporation
โข Nuvasive Inc.
๐๐ฎ๐ซ๐๐ก๐๐ฌ๐ ๐๐จ๐ฎ๐ซ ๐๐ซ๐๐ฆ๐ข๐ฎ๐ฆ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐๐๐ฒ: https://www.polarismarketresearch.com/buy/312/2
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐๐ง๐๐ฌ๐๐๐ฉ๐
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.
๐๐ข๐ฌ๐๐จ๐ฏ๐๐ซ ๐ญ๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/orthopedic-implants-market
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ซ๐๐๐ค๐๐จ๐ฐ๐ง
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)
โข Spinal
โข Hip
โข Knee
โข Dental
โข Craniomaxillofacial
โข E.T (Sports Medicine, Extremities, Trauma)
๐๐๐ฏ๐ ๐ ๐๐จ๐จ๐ค ๐๐ญ ๐๐๐ฅ๐๐ญ๐๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐จ๐ ๐๐๐๐ฅ๐ญ๐ก๐๐๐ซ๐ ๐๐จ๐ฆ๐๐ข๐ง:
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
๐๐จ๐ง๐ญ๐๐๐ญ ๐๐ฌ:
Polaris Market Research
Phone: +1-929-297-9727
Email: sales@polarismarketresearch.com
๐๐๐จ๐ฎ๐ญ ๐๐ฌ:
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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