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Orthopedic Devices-Global Market Insights and Sales Trends 2024
Synopsis
Orthopedic is the branch of surgery concerned with conditions involving the musculoskeletal system. Orthopedic surgeons use both surgical and nonsurgical means to treat musculoskeletal trauma, spine diseases, sports injuries, degenerative diseases, infections, tumors, and congenital disorders.
The global Orthopedic Devices market size is expected to reach US$ 43250 million by 2029, growing at a CAGR of 3.0% from 2023 to 2029. The market is mainly driven by the significant applications of Orthopedic Devices in various end use industries. The expanding demands from the Hip, Knee, Spine and Dental, are propelling Orthopedic Devices market. Joint Reconstruction, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Spinal Devices segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Orthopedic Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Orthopedic Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Orthopedic Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Orthopedic Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Orthopedic Devices covered in this report include Zimmer Biomet Holdings, Medtronic, Wright Medical Group, Smith & Nephew, Stryker Corporation, RTI Surgical and Arthrex, etc.
The global Orthopedic Devices market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Zimmer Biomet Holdings
Medtronic
Wright Medical Group
Smith & Nephew
Stryker Corporation
RTI Surgical
Arthrex
Global Orthopedic Devices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Orthopedic Devices market, Segment by Type:
Joint Reconstruction
Spinal Devices
Trauma Fixation Devices
Arthroscopic Devices
Orthopedic Accessories
Others
Global Orthopedic Devices market, by Application
Hip
Knee
Spine
Dental
Craniomaxillofacial
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Orthopedic Devices companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Orthopedic is the branch of surgery concerned with conditions involving the musculoskeletal system. Orthopedic surgeons use both surgical and nonsurgical means to treat musculoskeletal trauma, spine diseases, sports injuries, degenerative diseases, infections, tumors, and congenital disorders.
The global Orthopedic Devices market size is expected to reach US$ 43250 million by 2029, growing at a CAGR of 3.0% from 2023 to 2029. The market is mainly driven by the significant applications of Orthopedic Devices in various end use industries. The expanding demands from the Hip, Knee, Spine and Dental, are propelling Orthopedic Devices market. Joint Reconstruction, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Spinal Devices segment is estimated at % CAGR for the next seven-year period.
The global market for medical devices is estimated at US$ 603 billion in the year 2023, and will be growing at a CAGR of 5% during next six years. The global healthcare spending contributes to occupy 10% of the global GDP and is continuously rising in recent years due to the increasing health needs of the aging population, the growing prevalence of chronic and infectious diseases and the expansion of emerging markets. The medical devices market plays a significant role in the healthcare industry. The market is driven by several factors, including the increasing demand for advanced healthcare services globally, advancements in medical technology, growing geriatric population, rising healthcare expenditure, and increasing awareness about early disease diagnosis and treatment.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Orthopedic Devices, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Orthopedic Devices market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Orthopedic Devices market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Orthopedic Devices sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Orthopedic Devices covered in this report include Zimmer Biomet Holdings, Medtronic, Wright Medical Group, Smith & Nephew, Stryker Corporation, RTI Surgical and Arthrex, etc.
The global Orthopedic Devices market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Zimmer Biomet Holdings
Medtronic
Wright Medical Group
Smith & Nephew
Stryker Corporation
RTI Surgical
Arthrex
Global Orthopedic Devices market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Orthopedic Devices market, Segment by Type:
Joint Reconstruction
Spinal Devices
Trauma Fixation Devices
Arthroscopic Devices
Orthopedic Accessories
Others
Global Orthopedic Devices market, by Application
Hip
Knee
Spine
Dental
Craniomaxillofacial
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter Two: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Four: Detailed analysis of Orthopedic Devices companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Research Finding/Conclusion
Index1 Market Overview of Orthopedic Devices
1.1 Orthopedic Devices Market Overview
1.1.1 Orthopedic Devices Product Scope
1.1.2 Orthopedic Devices Market Status and Outlook
1.2 Global Orthopedic Devices Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Orthopedic Devices Market Size by Region (2018-2029)
1.4 Global Orthopedic Devices Historic Market Size by Region (2018-2023)
1.5 Global Orthopedic Devices Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Orthopedic Devices Market Size (2018-2029)
1.6.1 North America Orthopedic Devices Market Size (2018-2029)
1.6.2 Europe Orthopedic Devices Market Size (2018-2029)
1.6.3 Asia-Pacific Orthopedic Devices Market Size (2018-2029)
1.6.4 Latin America Orthopedic Devices Market Size (2018-2029)
1.6.5 Middle East & Africa Orthopedic Devices Market Size (2018-2029)
2 Orthopedic Devices Market by Type
2.1 Introduction
2.1.1 Joint Reconstruction
2.1.2 Spinal Devices
2.1.3 Trauma Fixation Devices
2.1.4 Arthroscopic Devices
2.1.5 Orthopedic Accessories
2.1.6 Others
2.2 Global Orthopedic Devices Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Orthopedic Devices Historic Market Size by Type (2018-2023)
2.2.2 Global Orthopedic Devices Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Orthopedic Devices Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Orthopedic Devices Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Orthopedic Devices Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Orthopedic Devices Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Orthopedic Devices Revenue Breakdown by Type (2018-2029)
3 Orthopedic Devices Market Overview by Application
3.1 Introduction
3.1.1 Hip
3.1.2 Knee
3.1.3 Spine
3.1.4 Dental
3.1.5 Craniomaxillofacial
3.1.6 Others
3.2 Global Orthopedic Devices Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Orthopedic Devices Historic Market Size by Application (2018-2023)
3.2.2 Global Orthopedic Devices Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Orthopedic Devices Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Orthopedic Devices Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Orthopedic Devices Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Orthopedic Devices Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Orthopedic Devices Revenue Breakdown by Application (2018-2029)
4 Orthopedic Devices Competition Analysis by Players
4.1 Global Orthopedic Devices Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Orthopedic Devices as of 2022)
4.3 Date of Key Players Enter into Orthopedic Devices Market
4.4 Global Top Players Orthopedic Devices Headquarters and Area Served
4.5 Key Players Orthopedic Devices Product Solution and Service
4.6 Competitive Status
4.6.1 Orthopedic Devices Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 Zimmer Biomet Holdings
5.1.1 Zimmer Biomet Holdings Profile
5.1.2 Zimmer Biomet Holdings Main Business
5.1.3 Zimmer Biomet Holdings Orthopedic Devices Products, Services and Solutions
5.1.4 Zimmer Biomet Holdings Orthopedic Devices Revenue (US$ Million) & (2018-2023)
5.1.5 Zimmer Biomet Holdings Recent Developments
5.2 Medtronic
5.2.1 Medtronic Profile
5.2.2 Medtronic Main Business
5.2.3 Medtronic Orthopedic Devices Products, Services and Solutions
5.2.4 Medtronic Orthopedic Devices Revenue (US$ Million) & (2018-2023)
5.2.5 Medtronic Recent Developments
5.3 Wright Medical Group
5.3.1 Wright Medical Group Profile
5.3.2 Wright Medical Group Main Business
5.3.3 Wright Medical Group Orthopedic Devices Products, Services and Solutions
5.3.4 Wright Medical Group Orthopedic Devices Revenue (US$ Million) & (2018-2023)
5.3.5 Smith & Nephew Recent Developments
5.4 Smith & Nephew
5.4.1 Smith & Nephew Profile
5.4.2 Smith & Nephew Main Business
5.4.3 Smith & Nephew Orthopedic Devices Products, Services and Solutions
5.4.4 Smith & Nephew Orthopedic Devices Revenue (US$ Million) & (2018-2023)
5.4.5 Smith & Nephew Recent Developments
5.5 Stryker Corporation
5.5.1 Stryker Corporation Profile
5.5.2 Stryker Corporation Main Business
5.5.3 Stryker Corporation Orthopedic Devices Products, Services and Solutions
5.5.4 Stryker Corporation Orthopedic Devices Revenue (US$ Million) & (2018-2023)
5.5.5 Stryker Corporation Recent Developments
5.6 RTI Surgical
5.6.1 RTI Surgical Profile
5.6.2 RTI Surgical Main Business
5.6.3 RTI Surgical Orthopedic Devices Products, Services and Solutions
5.6.4 RTI Surgical Orthopedic Devices Revenue (US$ Million) & (2018-2023)
5.6.5 RTI Surgical Recent Developments
5.7 Arthrex
5.7.1 Arthrex Profile
5.7.2 Arthrex Main Business
5.7.3 Arthrex Orthopedic Devices Products, Services and Solutions
5.7.4 Arthrex Orthopedic Devices Revenue (US$ Million) & (2018-2023)
5.7.5 Arthrex Recent Developments
6 North America
6.1 North America Orthopedic Devices Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Orthopedic Devices Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Orthopedic Devices Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Orthopedic Devices Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Orthopedic Devices Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Orthopedic Devices Market Dynamics
11.1 Orthopedic Devices Industry Trends
11.2 Orthopedic Devices Market Drivers
11.3 Orthopedic Devices Market Challenges
11.4 Orthopedic Devices Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
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