Orthopedic Devices Market Trend and Forecast to 2023; Globus Medical Inc, Medtronic, Smith & Nephew plc, Stryker Co

An orthopedic device are located within the frame’s skeleton and muscle systems a good way to correct current issues or to offer balance. Technological advancements and product development is the fine strategy that yields the best marketplace gain. Changing era, growing prevalence of osteoporosis, increasing funding for R&D and marketplace increase in emerging economies are predominant driving forces for global orthopedic devices market.

The Global Orthopedic Devices Market was around US$ 43.8 billion in 2016 and is expected to reach US$ 58.8 billion which is projected to grow at a CAGR of 10.4% by 2023.

Key Players for Global Orthopedic devices Market:

Some of the key players in this market are:

DePuy Synthes Companies (US),
Globus Medical Inc. (US),
Medtronic (Republic of Ireland),
NuVasive Inc. (US),
Smith & Nephew plc. (UK),
Stryker Corporation (US)
Zimmer Inc. (US)

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Segments:

Global Orthopedic devices Market has been segmented on the basis of type which comprise Trauma Fixation, Spinal Devices, Joint Replacement, Consumables & Disposables, Bone Repair, and Others. On the basis of application, it is 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.

Key Questions Answered In This Report

What will the market size and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

Regional Analysis of Global Orthopedic devices Market:

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. Middle East and Africa (ME&A) Orthopedic devices market was growing lower than global average and expected to grow at steady pace.

Brief TOC

1 Report Prologue

2 Introduction

2.1 Scope of Study

2.2 Research Objective

2.3 Assumptions & Limitations

2.3.1 Assumptions

2.3.2 Limitations

3 Research Methodology

3.1 Research Process

3.2 Primary Research

3.3 Secondary Research

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4 Market Dynamics

4.1 Introduction

4.2 Drivers

4.3 Restraints

4.4 Opportunities

4.5 Challenges

5 Market Factor Analysis

…TOC Continued

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