Orthopedic Implants Market is anticipated to reach US$ 8.47 Bn. by 2029


Posted December 20, 2023 by nirankammr

Orthopedic Implants Market is anticipated to reach US$ 8.47 Bn. by 2029 from US$ 5.52 Bn. in 2022 at a CAGR of 6.3 % during a forecast period.

 
Orthopedic Implants Market Overview

MMR published a report on the Orthopedic Implants Market. The report is a combination of primary and secondary data, and it has been analyzed by domain experts from both a local and global perspective. The report provides a detailed analysis of the market size and share in each region and segment, making it an invaluable resource for investors.

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Orthopedic Implants Market Report Scope and Research Methodology

The report provides an in-depth analysis of the Orthopedic Implants market at the global, regional, and country levels. It provides a comprehensive analysis of the competitive landscape of the Orthopedic Implants industry, including the business strategies adopted by the key players. The report includes a list of the Orthopedic Implants key competitors, along with information on their revenue, production capacity, sales, and global presence. SWOT analysis was used to identify the strengths and weaknesses of the key players in the Orthopedic Implants industry. Detailed information on the Orthopedic Implants market dynamics, including drivers, restraints, opportunities, and challenges, is also provided in the report.

The bottom-up approach was used to estimate the global and regional Orthopedic Implants market size. Both primary and secondary research methods were used to gather data on market size, market share, regional insights, market dynamics, the performance of key players, and historical data of the industry. The report also includes a detailed value chain analysis, which helps to understand the manufacturing process of Orthopedic Implants , with information on raw materials, customers, and distributors. It also includes Porter’s and PESTLE analysis, as well as market attractiveness, which helps to understand the Orthopedic Implants market at the macro and micro levels.

Orthopedic Implants Market Drives

Some of the reasons driving the market's growth include an increase in the incidence of orthopaedic injuries or diseases such as arthritis and osteoarthritis, as well as a rapid increase in the senior population, who are more prone to orthopaedic disorders. Additionally, technical advancements such as robot-assisted surgical instruments, adoption of implanted medical devices, and widespread use of orthopaedic implants to treat musculoskeletal, orthopaedic illnesses, and injuries contribute to market growth.

In addition, the growth of the orthopaedic implants market is expected to be boosted by the increase in the mean age during the forecast period. While an aging demographic and medical innovation is expected to continue to drive growth in the orthopaedic implants market, a lack of activity and obesity lead to a high occurrence of degenerative bone disorders and osteoarthritis. This has increased the need for orthopaedic implants all across the world. With a rise in the incidence of athletic accidents and road crashes, demand for trauma-related orthopaedic implants has also been reported to be strong. Recognizing the growing need, orthopaedic implant manufacturers have created new technologies to meet it, while also increasing their product penetration and market reach.

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Orthopedic Implants Market Regional Insights

Geographically, the report is segmented into several key countries, with market size, growth rate, import and export of Orthopedic Implants market in these countries, which covering North America – U.S., Canada, Mexico, Europe – UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific – China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America – Brazil, and Middle East and Africa.

Orthopedic Implants Market Segmentation

by Product

Spinal implants
Dental implants
Trauma & craniomaxillofacial implants
Reconstructive joint implants
Orthobiologics
Others

by Procedure

Open Surgery
Minimally Invasive Surgery (MIS)
Others

by Biomaterial

Metallic Biomaterials
Polymer Biomaterials
Ceramic Biomaterials
Natural Biomaterials

by Device Type

Internal Fixation Devices
External Fixation Devices
Orthopedic Rods/Wire
Orthopedic Screws
Orthopedic Plates
Fixation Pins
Orthopedic Nails

by Application

Neck Fracture
Spine Fracture
Hip Replacement
Knee Fracture
Shoulder Replacement
Others

by End-User

Hospital
Orthopedic Clinics
Home Cares
Others

Orthopedic Implants Market Key Players

1. Deputy Synthes Inc.
2. Globus Medical, Inc.
3. NuVasive, Inc.
4. Smith & Nephew plc.
5. Stryker Corporation
6. Zimmer Biomet Holdings, Inc.
7. Integra LifeSciences Holdings Corporation
8. Medtronic, plc.
9. The Orthopedic Implant Company
10. B. Braun Melsungen
11. Wright Medical Group N.V.
12. Aesculap Implant Systems
13. BioTek Instruments, Inc.
14. Conmed Corporation
15. Arthrocare Corporation
16. DJO Finance LLC
17. NuVasive, Inc.


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Key Questions answered in the Orthopedic Implants Market Report are:

What is the expected Orthopedic Implants market size by 2029?
What will be the CAGR of the Orthopedic Implants market during the forecast period?
Which segment held the largest share in the Orthopedic Implants market?
How is the competitive scenario of the Orthopedic Implants market?
Which are the key factors driving the Orthopedic Implants market growth?
What are the factors restraining the Orthopedic Implants market growth?
Which region holds the maximum share in the Orthopedic Implants market?
Who are the key players in the Orthopedic Implants market?
Key Offerings:

A detailed Market Overview
Market Share
Market Size
Market Forecast by Revenue
Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
Market Segmentation- A detailed analysis of each segment and their segments
Competitive Landscape – Leading key players and other prominent key players.
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Last Updated December 20, 2023