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Global Orthopedic devices Market - Detailed Analysis of Business Opportunities, Growth & Forecast to 2024 with players like Zimmer Biomet, Wright Medical, ApaTech, ArthroCare Corporation, Medtronic, Touch Bionics, Johnson & Johnson, Stryker, NuVasive, Smi
Global Orthopedic Devices Market
Global Market Analysis of Global Orthopedic Devices Market
The Global Orthopedic Devices Market accounted to USD 14.5 billion in 2016 growing at a CAGR of 10.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
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Major market drivers and restraints: Global Orthopedic Devices Market
• Technological advancements
• Increasing Geriatric Population
• Lack in established clinical records and strict regulations
• Higher treatment costs
• Shortage of Skilled Professionals
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Global Orthopedic Devices Market Product (Accessories, Surgical Devices {Drill Guide, Guide Tubes, Implant Holder, Custom Clamps, Distracters, Screw Drivers}), Devices (Hip Orthopedic Devices, Knee Orthopedic Devices, Spine Orthopedic Devices, Craniomaxillofacial Orthopedic Devices, Dental Orthopedic Devices, Sports Injuries, Extremities and Trauma Orthopedic Devices), End-Users (Hospitals, Ambulatory Centers, Home Care Settings, Others), Geography- Industry Trends and Forecast to 2024
Market Segmentation of Global Orthopedic Devices Market
By product the global orthopedic devices market is segmented into
• accessories, and
• surgical devices
Accessories are further sub-segmented into braces, consumables, and others.
Surgical devices are further sub-segmented into drill guide, guide tubes, implant holder, custom clamps, distracters, and screw drivers.
On the basis of devices the global orthopedic devices market is segmented into
• hip orthopedic devices,
• knee orthopedic devices,
• spine orthopedic devices,
• craniomaxillofacial orthopedic devices,
• dental orthopedic devices,
• sports injuries,
• extremities and trauma orthopedic devices
On the basis of end-users the global orthopedic devices market is segmented into
• hospitals,
• ambulatory centers,
• home care settings, and others
On the basis of geography, global orthopedic devices market report covers data points for 28 countries across multiple geographies such as North America & South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
Competitive Analysis of Global Orthopedic Devices Market
The global orthopedic devices market is highly fragmented and is based on new product launches and clinical results of products. Hence the major players have used various strategies such as new product launches, clinical trials, market initiatives, high expense on research and development, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of orthopedic devices market for global, Europe, North America, Asia Pacific and South America.
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Top Competitors of Market
• Zimmer Biomet,
• NuVasive, Inc.,
• Smith & Nephew,
• Integra LifeSciences Corporation,
• Globus Medical Inc.,
• Exactech, Inc.,
• DJO Global, Inc.,
• CONMED Corporation,
• Amedica Corporation,
• Alphatec Spine, Inc.,
• MicroPort Scientific Corporation,
• B. Braun Medical Inc.,
• Wright Medical Group N.V.,
• APATECH LTD.,
• ArthroCare Corporation,
• Medtronic,
• Touch Bionics Inc. and Touch Bionics Limited,
• Johnson & Johnson Services, Inc.,
• Stryker,
• aap Implantate AG,
• Solana Surgical LLC
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About Data Bridge Market Research:
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.
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Sopan gedam
Data Bridge Market Research
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Email: Sopan.gedam@databridgemarketresearch.com
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