Press release
Orthopedic Devices Market Size, Shares, Industry Research, Value Analysis and Forecasts to 2023
Market Research Future
The Orthopedic Devices Market is growing steadily and expected to continue its growth near future. The total market for orthopedic devices was US$ 43,802.1 million in 2016 and expected to reach US$ 58,814.6 million by 2023. The global orthopedic devices market is expected to grow at a CAGR of 4.3% during the forecast period.
On the basis of application, Orthopedic Devices Market report segmented into, Spine, Trauma and extremities, Knee, Hip, Foot and ankle, and others. On the basis of end user, it is segmented into, Ambulatory surgery centers, Hospitals, and Medical research center.
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An orthopedic device is placed within the body’s skeleton and muscle systems so as to correct existing problems or to provide stability. Technological advancements and product development is the best strategy that yields the greatest market benefit. Changing technology, increasing prevalence of osteoporosis, increasing funding for R&D and market growth in emerging economies are major driving forces for global orthopedic devices market.
Orthopedic Devices Market Key Players: DePuy Synthes Companies (US), Globus Medical, Inc. (US), Medtronic (Republic of Ireland), NuVasive, Inc. (US), Smith & Nephew plc. (UK), stryker Corporation (US), and Zimmer Inc.(US).
Orthopedic Devices Market by Regions: Considering the global scenario of the market, North America was holding largest market share of 39.6% in global orthopedic devices market in 2016. Europe is second largest market and expected to reach USD 19,467.6 million by 2023. APAC is expected to grow at fastest CAGR of 6.2% during 2017-2023. On the other hand, the Middle East and Africa (ME&A) Orthopedic devices market was growing lower than global average and expected to grow at steady pace.
Major TOC Orthopedic Devices Market:
Research methodology
-Research Process
-Primary Research
-Secondary Research
Market dynamics
-Introduction
-Drivers
-Restraints
-Opportunities
-Challenges
Market factor analysis
-Porters Five Forces Analysis
-Bargaining Power of Suppliers
-Bargaining Power of Buyers
-Threat of New Entrants
-Threat of Substitutes
-Intensity of Rivalry
-Supply Chain Analysis
-Value Chain Analysis
-Primary activities
-Secondary Activities
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Global orthopedic Devices market, by types
Global orthopedic Devices market, by sensor placement
Global orthopedic Devices market, by application
Global orthopedic Devices market, by region
-North America
-Europe
-Asia-Pacific (APAC)
-Middle East and Africa (ME&A)
Competitive landscape
Company profile
...Continued
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Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
Phone: +1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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