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Orthopedic Implants Market Size to Worth USD 80.8 Billion by 2033 | With a 4.14% CAGR

12-19-2024 10:51 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Orthopedic Implants Market

Orthopedic Implants Market

๐†๐ฅ๐จ๐›๐š๐ฅ ๐Ž๐ซ๐ญ๐ก๐จ๐ฉ๐ž๐๐ข๐œ ๐ˆ๐ฆ๐ฉ๐ฅ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ญ๐š๐ญ๐ข๐ฌ๐ญ๐ข๐œ๐ฌ: ๐”๐’๐ƒ ๐Ÿ–๐ŸŽ.๐Ÿ– ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐•๐š๐ฅ๐ฎ๐ž ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ‘

๐’๐ฎ๐ฆ๐ฆ๐š๐ซ๐ฒ:

โ— The global orthopedic implants market size reached USD 55.9 Billion in 2024.
โ— The market is expected to reach USD 80.8 Billion by 2033, exhibiting a growth rate (CAGR) of 4.14% during 2025-2033.
โ— North America leads the market, accounting for the largestย orthopedic implants market share.
โ— Reconstructive joint replacements represent the largest segment, which can be attributed to the rising prevalence of joint disorders.
โ— Knee holds the biggest market share due to the increasing knee-related orthopedic issues, such as osteoarthritis, ligament injuries, and fractures.
โ— The demand for orthopedic implants in older adults is rising. Common conditions like osteoarthritis, rheumatoid arthritis, and osteoporosis often require surgery.
โ— Advances in materials science are creating biocompatible materials. These materials make implants last longer and reduce rejection risks.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐œ๐จ๐ฉ๐ฒ ๐จ๐Ÿ ๐ญ๐ก๐ข๐ฌ ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/orthopedic-implants-market/requestsample

๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ ๐š๐ง๐ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ:

โ—ย ๐€๐ ๐ข๐ง๐  ๐๐จ๐ฉ๐ฎ๐ฅ๐š๐ญ๐ข๐จ๐ง:

Orthopedic implants planned to be placed on elderly people are famous today. In the above mentioned diseases like osteoarthritis, rheumatoid arthritis and osteoporosis at one or the other point require a surgeon's intervention. This age group is characterized by low bone mineral density leading to joint pains and fractures. This in turn increases the demand of implants more so the hip and knee replacements. These demographic changes are exerting increasing pressure on the healthcare systems to provide efficient cost effective solutions. Moreover, the extent to which ageiods with enhanced mobility of the members of ageing population and consequently their quality of life are increasingly used is also worth mentioning.

โ—ย ๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:

More advancement is done in the manufacture of biocompatible material in the material science. This alters properties of such materials to make the implants to last longer and reduce chances of rejection. The spirit of the former is well supported by such a technology as 3D printing that allows to produce implants according to the individual morphologies of each patient's body. They also think that such customization improves surgical outcomes more than when other products are used. Robot assisted in comparison to conventional approaches are minimal and precise. They also reduce inflammation as well as also shorten the recovery duration. Additionally, it is hopeful that with better imaging and diagnosis, both planning and implant placement are better. Each of these enhances patient ability and orthopedic surgery success, both of which are increased by the other improvement.

โ—ย ๐‘๐ข๐ฌ๐ข๐ง๐  ๐๐ซ๐ž๐ฏ๐š๐ฅ๐ž๐ง๐œ๐ž ๐จ๐Ÿ ๐Œ๐ฎ๐ฌ๐œ๐ฎ๐ฅ๐จ๐ฌ๐ค๐ž๐ฅ๐ž๐ญ๐š๐ฅ ๐ƒ๐ข๐ฌ๐จ๐ซ๐๐ž๐ซ๐ฌ:

The market for orthopedic implants is growing - Musculoskeletal disorders are becoming common, thereby increasing the use of orthopedic implants. Diseases affecting the musculoskeletal system such as osteoarthritis, rheumatoid arthritis and osteoporosis are increasingly being reported. This is influenced by factors such as the increasing incidence of aging people, low physical activity and obesity. These disorders often give chronic pain and limited mobility; they also greatly reduce the quality of life. They may require surgical implants in most cases. In addition, cases of injuries and accidents especially in sports activities further deepen it. In recent years, other people are seeking orthopedic surgeries such as hip and knee replacement as well as spinal surgery to reduce pain and discomfort to work effectively.

๐๐ฎ๐ฒ ๐…๐ฎ๐ฅ๐ฅ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/checkout?id=5983&method=502

๐Ž๐ซ๐ญ๐ก๐จ๐ฉ๐ž๐๐ข๐œ ๐ˆ๐ฆ๐ฉ๐ฅ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ:

โ— Reconstructive Joint Replacements
โ— Knee Replacement Implants
โ— Hip Replacement Implants
โ— Extremities
โ— Spinal Implants
โ— Spinal Fusion Implants
โ— Vertebral Compression Fracture (VCF) Devices
โ— Motion Preservation Devices/Non-Fusion Devices
โ— Dental Implants
โ— Root Form Dental Implants
โ— Plate Form Dental Implants
โ— Trauma
โ— Orthobiologics
โ— Demineralized Bone Matrix (DBM)
โ— Allograft
โ— Bone Morphogenetic Protein (BMP)
โ— Viscosupplementation Products
โ— Synthetic Bone Substitutes
โ— Others

Reconstructive joint replacements represent the largest segment, which can be attributed to the rising prevalence of joint disorders.

๐๐ฒ ๐“๐ฒ๐ฉ๐ž:

โ— Knee
โ— Hip
โ— Wrist and Shoulder
โ— Dental
โ— Spine
โ— Ankle
โ— Others

Knee holds the biggest market share due to the increasing knee-related orthopedic issues, such as osteoarthritis, ligament injuries, and fractures.

๐๐ฒ ๐๐ข๐จ๐ฆ๐š๐ญ๐ž๐ซ๐ข๐š๐ฅ:

โ— Metallic Biomaterials
โ— Stainless Steel
โ— Titanium alloy
โ— Cobalt alloy
โ— Others
โ— Ceramic Biomaterials
โ— Polymers Biomaterials
โ— Others

Metallic biomaterials account for the largest market share as they offer enhanced strength and are usually less resistant to wear.

๐๐ฒ ๐„๐ง๐ ๐”๐ฌ๐ž๐ซ:

โ— Hospitals
โ— Orthopedic Clinic
โ— Ambulatory Surgical Centers
โ— Others

On the basis of the end user, the market has been divided into hospitals, orthopedic clinic, ambulatory surgical centers, and others.

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐ˆ๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:

โ— North America (United States, Canada)
โ— Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
โ— Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
โ— Latin America (Brazil, Mexico, Others)
โ— Middle East and Africa

North America enjoys a leading position in the orthopedic implants market on account of the rising awareness among individuals about joint health and elective surgeries.

๐€๐ฌ๐ค ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:ย https://www.imarcgroup.com/request?type=report&id=5983&flag=C

๐“๐จ๐ฉ ๐Ž๐ซ๐ญ๐ก๐จ๐ฉ๐ž๐๐ข๐œ ๐ˆ๐ฆ๐ฉ๐ฅ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‹๐ž๐š๐๐ž๐ซ๐ฌ:

The orthopedic implants market research report outlines a detailed analysis of the competitive landscape, offering in-depth profiles of major companies. Some of the key players in the market are:

โ— Arthrex Inc.
โ— Auxein Medical
โ— B. Braun Melsungen AG
โ— CONMED Corporation
โ— Globus Medical Inc.
โ— Integra LifeSciences
โ— Johnson & Johnson
โ— Medtronic Plc
โ— Narang Medical Limited
โ— Orthopaedic Implant Company
โ— Smith & Nephew plc
โ— Stryker Corporation
โ— Zimmer Biomet

๐๐จ๐ญ๐ž: ๐ˆ๐Ÿ ๐ฒ๐จ๐ฎ ๐ซ๐ž๐ช๐ฎ๐ข๐ซ๐ž ๐š๐ง๐ฒ ๐ฌ๐ฉ๐ž๐œ๐ข๐Ÿ๐ข๐œ ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐ญ๐ก๐š๐ญ ๐ข๐ฌ ๐ง๐จ๐ญ ๐œ๐จ๐ฏ๐ž๐ซ๐ž๐ ๐œ๐ฎ๐ซ๐ซ๐ž๐ง๐ญ๐ฅ๐ฒ ๐ฐ๐ข๐ญ๐ก๐ข๐ง ๐ญ๐ก๐ž ๐ฌ๐œ๐จ๐ฉ๐ž ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐ฐ๐ž ๐ฐ๐ข๐ฅ๐ฅ ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž ๐ญ๐ก๐ž ๐ฌ๐š๐ฆ๐ž ๐š๐ฌ ๐š ๐ฉ๐š๐ซ๐ญ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐œ๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง.

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

IMARC Group

134 N 4th St. Brooklyn, NY 11249, USA

Email:ย sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

United States: +1-631-791-1145

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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