Global Orthopedic Devices Market, By Product (Hip Orthopedic Devices, Knee Orthopedic Devices, Spine Orthopedic Devices, Craniomaxillofacial Orthopedic Devices, Dental Orthopedic Devices, Sports Injuries, Extremities, Trauma Orthopedic Devices), End-Users (Hospitals, Ambulatory Centers, Home Care Settings, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027
Market Analysis and Insights: Global Orthopedic Devices Market
Orthopedic devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to growing at a CAGR of 3% in the above-mentioned forecast period.
Expanding population with orthopedic disorder cases due to trauma, or sports injuries whereas increasing geriatric population has given rise to cases of orthopedic disorder. Moreover rising need for need for minimally invasive treatment will propel demand for market. However high cost of treatment and strict regulatory policies on procedures are restraining factor for market whereas it is expected significant decline in growth rate due to outbreak of pandemic COVID-19 and postponement of orthopedic surgeries as only emergency medical services are provided in healthcare institutes which created huge impact on orthopedic surgeries and devices industry which will be challenging factor to overcome in coming years. In addition technological advancement such as biodegradable implants and innovation of more efficient treatments will create lucrative opportunities for market
This orthopedic devices market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on Data Bridge Market Research orthopedic devices market contact us for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Orthopedic Devices Market Scope and Market Size
Orthopedic devices market is segmented on the basis of products and end-use. The growth amongst these segments will help you analyze growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- Based on products, 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.
- Orthopedic devices market has also been segmented based on the end use into hospitals, ambulatory centers, home care settings, and others.
Orthopedic Devices Market Country Level Analysis
Orthopedic devices market is analyzed and market size insights and trends are provided by country, products, and end-use as referenced above.
The countries covered in the orthopedic devices market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA), Brazil, Argentina and Rest of South America as part of South America.
North America is expected to dominate market share due to rising geriatric population and increasing cases of orthopedic disorder whereas presence of key players in region will fuel market growth. Asia Pacific is anticipated to register highest pace in growth rate due to rising economies like China and India whereas government initiatives on R&D projects and investment toward improving healthcare infrastructure will boost market growth during forecast period.
The country section of the orthopedic devices market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
Orthopedic devices market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for orthopedic devices market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the orthopedic devices market. The data is available for historic period 2010 to 2018.
Competitive Landscape and Orthopedic Devices Market Share Analysis
Orthopedic devices market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to orthopedic devices market.
The major players operating in the orthopedic devices market report are Johnson & Johnson Services Inc., Zimmer Biomet, Wright Medical Group N.V., Stryker, Smith & Nephew plc, Ossur, Nuvasive, Inc., Lifesciences, Inc., Globus Medical, Exactech, Inc., DJO Global, Inc., CONMED Corporation, SINTX Technologies, Inc., Alphatec Spine, Inc., Microport Scientific Corporation, B. Braun Melsungen AGamong other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available: Global Orthopedic Devices Market
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.