Product Launch (Blog)

Jan, 18 2023

Surge in the Prevalence of Osteoporosis is Expected to Drive the Demand for Orthopedic Surgical Energy Devices Market


According to the report of International Osteoporosis Foundation, the incidence of osteoporosis in men aged above 50 years varied from 5.7% (Slovakia) to 6.9% (Sweden) in Europe. The incidence of osteoporosis in women fluctuated from 19.3% (Cyprus) to 23.4% (Italy). Osteoporosis is a chronic illness in which the bones turn fragile and brittle owing to the deficiency of vitamin D. If a person has osteoporosis then the person will be at a greater risk for unexpected bone fractures. The World Health Organization (WHO) data stated that around 200 million people are projected to have osteoporosis in 2020, Though osteoporosis affects females and males, females are more expected to develop osteoporosis than men.

According to Data Bridge Market Research the Orthopedic Surgical Energy Devices Market accounted for USD 877.52 million in 2021, and expected to reach USD 1,640.21 million by 2029. The market is expected to grow with a CAGR of 7.80% in the forecast period of 2022 to 2029.

“Growing Geriatric Population Increase the Market Growth”

The huge growth in the number of patient owing to the increasing geriatric population globally contributed considerably to the growth of the orthopedic surgical energy devices market during the forecast period. According to the report of Population Reference Bureau, the share of the global population over the age of 65 increased to 9 percent in 2019. The global population aged 65 years or above this age was around 703 million in 2019. This growth in the geriatric population augmented the the demand for medical care and propelled the healthcare expenditure. These factors augmented the demand for orthopedic surgical energy devices products and are expected to drive the market growth during the forecast period.

What restraints the growth of Orthopedic Surgical Energy Devices Market?

“High cost associated with orthopedic surgical energy devices”

The advanced technological advancements in orthopedic surgical energy devices such as use of ultrasound, radiofrequency and increased attention for portable and minimally invasive orthopedic surgical energy devices has led to the rise in cost of orthopedic surgical energy devices. However, the constant demand for these devices would lead to an augmented number of deployment of additional resources. Therefore, the current high cost is anticipated decreasing trend in upcoming future.

Segmentation: Orthopedic Surgical Energy Devices Market

The orthopedic surgical energy devices market is segmented on the basis of product, technology, application and end user. 

  • On the basis of product, the orthopedic surgical energy devices market is segmented into handpieces and accessories.
  • Based on technology, the orthopedic surgical energy devices market is segmented into radiation, radiofrequency, ultrasound, microwave, others.
  • On the basis of application, the orthopedic surgical energy devices market is segmented into hip, knee.
  • Based on end user, the orthopedic surgical energy devices market is segmented into hospital and clinic, ambulatory surgical centers (ASCs), and others.

Regional Insights: North America is expected to dominate the Orthopedic Surgical Energy Devices Market

North America is expected to dominate the market and is expected to grow significantly due to the augmented technological advancements in this region. North America will continue to dominate the orthopedic surgical energy devices market in terms of market revenue and market share and will continue to flourish its dominance in upcoming years owing to the growing healthcare expenditure.

  • In addition, the Asia-Pacific region is likely to register highest growth rate during the forecast period of 2022 to 2029  owing to the increasing prevalence of geriatric population India, China and Japan in this region. Furthermore, the increasing presence of key market players and rising disposable income are expected to boost the  market's growth rate in this region.

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Recent Developments in Orthopedic Surgical Energy Devices Market

  • In 2021, the Stryker launched tendon fixation device system in trauma and extremities division. This new tendon fixation device system comprises resorbable technology called Citregen. This technology is better for the orthopedic surgical applications. This launch would bring a new development to the trauma and extremities division product range.
  • In 2021, Canary Medical and Zimmer Biomet announced the De Novo classification grant and post-market approval for Knee implant named Persona I.Q. This support from the Food and Drug Administration which would result in the addition of a new product in the expansion of the orthopedic business line.
  • In 2020, Portescap declared the introduction of three new surgical motors for small bone orthopedic applications, namely the B0912N4023 Small Bone Gearmotor (9.6V - 1.1K RPM), B0912N4024 Small Bone Gearmotor (9.6V - 12.8K RPM) and B0912N1016 Small Bone Motor (9.6V– 38K RPM).
  • In 2020, OLYMPUS acquired FH ORTHO, an international orthopedics company in France. This acquisition explains that OLYMPUS could increase the orthopedic surgical devices of FH ORTHO. This company would be able to develop in orthopedic minimally invasive surgery in the evolving countries.

 The Prominent Key Players Operating in the Orthopedic Surgical Energy Devices Market Include:

  • Zimmer Biomet (U.S.)
  • Smith & Nephew (Germany)
  • Medtronic (Ireland)
  • Stryker (U.S.)
  • B. Braun SE (Germany)
  • NuVasive, Inc (U.S.)
  •  DJO, LLC (U.S.)
  •  Straumann AG (Switzerland)
  • OSSTEM IMPLANT CO., LTD. (South Korea)
  • Narang Medical Limited (U.S.)
  • Globus Medical (U.S.)
  • Arthrex, Inc. (U.S.)
  • CONMED Corporation (U.S.)
  • Integra LifeSciences (U.S.)
  • RTI Surgical (U.S.)
  • W. L. Gore & Associates, Inc. (U.S.)
  • Corin Group (U.S.)
  • Johnson & Johnson Services, Inc. (U.S.)

Above are the key players covered in the report, to know about more and exhaustive list of Orthopedic Surgical Energy Devices Market companies contact,

Research Methodology: Global Orthopedic Surgical Energy Devices Market

Data collection and base year analysis are done using data collection modules with large sample sizes. The market data is analyzed and estimated using market statistical and coherent models. In addition, market share analysis and key trend analysis are the major success factors in the market report. The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, global vs Regional and Vendor Share Analysis. Please request analyst call in case of further inquiry.

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