The Business Research Company’s orthopedic
devices global market report, covers the year-on-year growth of the global orthopedic devices market
historic and forecast growth. It also includes chapters on the orthopedic
devices market
trends, geographical analysis, and competitive landscape.
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the report at:
The global orthopedic devices market size is
expected to reach $43 billion by 2022, significantly growing at a CAGR of
around 2.5% during the forecast period
Orthopedic
Devices Market Trends
The
orthopedic devices (or) equipment market consists of sales of orthopedic
devices and related services by entities (organizations, sole traders and
partnerships) that produce orthopedic devices used in treating bone
abnormalities. This industry includes establishments that produce devices used
in joint reconstruction, spinal surgeries, Craniomaxillofacial surgeries and
orthobiologics implants. It also includes establishments manufacturing
orthopedic accessories to fix or remove implants from the body and artificial
devices to replace missing body part from the body under orthopedic
prosthetics.
Biodegradable implants are
increasingly being used in trauma orthopedic surgeries. Biodegradable implants
are used to replace a missing biological structure, support a damaged
biological structure, and enhance the existing bone structure. Biodegradable products
such as reabosorbable polymers composed of polyglycolic acid and poly lactic
acid manufactured in the form of plates, screws, and pins are replacing
traditional devices like plates and screws which are more expensive. Surgeons
are preferring biodegradable implants to replace conventional implants, as
biodegradable implants can be engineered to provide temporary support for bone
fractures; can degrade at a rate matching new tissue formation; can eliminate
the need for second surgery, are highly useful in fracture fixation in
children; and result in less implant related infections. For instance, Stryker
Corp. offers orthrobiologics such as bone repair biodegradable products that
are used in bone regeneration and bone healing, soft tissue regeneration and
muscle connection to bone.
The global orthopedic devices market is primarily driven by increase in growing demand in emerging markets, increasing minimally invasive procedures and technological advancements.
The global orthopedic devices market is primarily driven by increase in growing demand in emerging markets, increasing minimally invasive procedures and technological advancements.
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A Sample Of The Report:
The global orthopedic devices market report covers the
following regions under the geographical analysis section: Asia Pacific,
Western Europe, North America, Middle East, Africa, South America, and Eastern
Europe. Major countries under each of these regions are also covered under the
country analysis chapters.
With ncrease in aging population, high incidence
of obesity and bone-related disorders, medical tourism, the global orthopedic
devices market is expected to increase in potential and scope. TBRC’s report
also covers the orthopedic devices drivers and restraints in the market.
The global orthopedic devices market’s segment shares in
each geographic region are mentioned in the report, along with the historic and
forecast growth rates for each segment presented visually with supporting
reasons to justify the growth rates.
The top companies included in the global orthopedic
devices market report are Johnson & Johnson, Zimmer Biomet Holdings,
Stryker Corporation, Smith & Nephew PLC, B. Braun Melsungen.
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