Orthopedic implants, including joint replacements and fracture fixation devices, find applications in orthopedic surgeries. They provide essential features such as restoring mobility, stabilizing fractures, and alleviating pain. These implants are used to treat conditions such as osteoarthritis, fractures, and sports injuries and by mimicking the functions of natural joints and bones, they enable patients to regain functionality and enhance their quality of life. Orthopedic implants are indispensable tools in modern medicine, facilitating orthopedic procedures that improve patients' physical well-being and overall health.
According to Data Bridge Market Research, the MENA and GCC Orthopedic Implants (Including Dental Implants) Market accounted for USD 689.67 million in 2022 and is expected to reach USD 973.31 million by 2030. The market is expected to grow with a CAGR of 4.4% in the forecast period of 2023 to 2030.
“Rising demand among the geriatric population boosts the market’s growth”
The orthopedic implants market is experiencing substantial growth due to the rising demand among the geriatric population. With the elderly more prone to orthopedic conditions such as joint degeneration and fractures, there's an increasing need for orthopedic implants such as joint replacements and fixation devices. These implants restore mobility and enhance the quality of life for seniors. As the aging demographic expands globally, the market for orthopedic implants is set to grow, driven by the imperative to address age-related orthopedic issues and maintain an active lifestyle.
What restraints the growth of the MENA and GCC orthopedic implants (including dental implants) market?
“High costs associated with orthopedic and dental implants restraints the market’s growth”
The orthopedic implants market faces growth constraints primarily due to the high costs associated with orthopedic and dental implants. The expense of these implants can be a significant barrier, limiting access for patients, particularly in regions with limited healthcare coverage. Many individuals may not afford these procedures, leading to delayed or avoided treatment.
Segmentation: MENA and GCC Orthopedic Implants (Including Dental Implants) Market
The MENA and GCC orthopedic implants (including dental implants) market is segmented on the basis of products, devices type, biomaterial, procedures, end user, and ownership.
- On the basis of products, the orthopedic implants (including dental implants) market is segmented into reconstructive joint replacements, spinal implants, trauma and craniomaxillofacial implants, dental implants, orthobiologics.
- On the basis of devices type, the orthopedic implants (including dental implants) market is segmented into internal fixation devices and external fixation devices.
- On the basis of biomaterial, the orthopedic implants (including dental implants) market is segmented into metallic biomaterials, polymeric biomaterials, ceramic biomaterials, natural biomaterials, and others.
- On the basis of procedures, the orthopedic implants (including dental implants) market is segmented into open surgery and minimally invasive surgery (MIS).
- On the basis of end user, the orthopedic implants (including dental implants) market is segmented into hospitals, ambulatory care center, specialized clinics, orthopedic centers and others.
- On the basis of ownership, the orthopedic implants (including dental implants) market is segmented into government and private.
Regional Insights: Saudi Arabia dominates the MENA and GCC Orthopedic Implants (Including Dental Implants) Market
Saudi Arabia dominates the orthopedic implants (including dental implants) market due to improved healthcare facilities, the presence of major industry players, advanced healthcare infrastructure, and a substantial population in need of surgeries and injury treatment. These factors combine to create a conducive environment for market growth, with increased demand for orthopedic implants and related healthcare services.
U.A.E. is expected to witness significant growth during the forecast period of 2023 to 2030 due to government initiatives promoting healthcare, heightened awareness among the population about implants and surgeries, a growing demand for advanced medical technology, a substantial population pool, and an increasing quest for high-quality healthcare services. These elements collectively foster market expansion, reflecting the region's evolving healthcare landscape.
Recent Developments
- In December 2021, DePuy Synthes, a subsidiary of Johnson & Johnson, has completed the acquisition of Israeli firm OrthoSpin, Ltd. OrthoSpin specializes in pioneering an automated strut system, designed to work alongside DePuy Synthes' MAXFRAME Multi-Axial Correction System – an external ring fixation system. This strategic move bolsters the company's commitment to innovation, particularly in advancing its innovation center and expanding its capabilities in orthopedic solutions.
- In December 2020, Zimmer Biomet successfully acquired A&E Medical, inclusive of its comprehensive portfolio of sternal closure devices. This strategic acquisition has significantly expanded Zimmer Biomet's orthopedic implants portfolio, resulting in heightened demand and sales for its products within the market. This substantial addition is poised to drive the company's future revenue growth as it strengthens its position in the industry.
- В январе 2021 года Smith & Nephew plc. объявила о приобретении бизнеса Integra LifeSciences Holdings Corporation по ортопедии конечностей. Этот стратегический шаг привел к значительному расширению портфеля продукции Smith & Nephew.
Чтобы узнать больше об ознакомительном визите, посетите https://www.databridgemarketresearch.com/reports/mena-and-gcc-orthopedic-implants-cluding-dental-implants-market
Основные игроки, работающие на рынке ортопедических имплантатов (включая дентальные имплантаты) в странах Ближнего Востока и Северной Африки и Совета сотрудничества арабских государств Персидского залива :
- Depuy Synthes (дочерняя компания JnJ) Inc. (США)
- Zimmer Biomet (США)
- Smith & Nephew plc (Великобритания)
- Medtronic (Ирландия)
- Страйкер (США)
- Б. Браун Мельсунген АГ (Германия)
- Changzhou Waston Medical Appliance Co., Ltd. (Китай)
- Integra LifeSciences (США)
- Narang Medical Limited (Индия)
- WL Gore & Associates, Inc. (США)
- 3M (США)
- Arthrex, Inc. (США)
- GE HEALTHCARE (США)
- DJO, LLC (дочерняя компания Colfax Corporation) (Китай)
- курекс (США)
- Samay Surgical (Индия)
- Dongguan Traumed Technology Co., Ltd. (Китай)
- Группа компаний «Абу Хамела» (Египет)
Выше приведены ключевые игроки, охваченные отчетом. Чтобы узнать больше и получить полный список компаний на рынке ортопедических имплантатов (включая дентальные имплантаты) в странах Ближнего Востока и Северной Африки и Персидского залива, свяжитесь с нами по адресу: https://www.databridgemarketresearch.com/contact .
Методология исследования: рынок ортопедических имплантатов (включая дентальные имплантаты) в странах Ближнего Востока и Северной Африки и странах Персидского залива
Сбор данных и анализ базового года выполняются с использованием модулей сбора данных с большими размерами выборки. Рыночные данные анализируются и оцениваются с использованием рыночных статистических и когерентных моделей. Кроме того, анализ доли рынка и анализ ключевых тенденций являются основными факторами успеха в рыночном отчете. Ключевой методологией исследования, используемой исследовательской группой DBMR, является триангуляция данных, которая включает в себя интеллектуальный анализ данных, анализ влияния переменных данных на рынок и первичную (отраслевую экспертную) проверку. Помимо этого, модели данных включают сетку позиционирования поставщиков, анализ временной линии рынка, обзор и руководство рынка, сетку позиционирования компании, анализ доли рынка компании, стандарты измерения, MENA и GCC против регионального и анализа доли поставщика. Пожалуйста, запросите звонок аналитика в случае дальнейшего запроса.
