Market Snapshot:
Growth in the geriatric population prone to orthopedic conditions is primarily pushing demand for orthopedic solutions globally. Effects of aging, such as diminishing bone density and weakening bones due to excessive loss of bone mass, make their presence felt from 35 years of age and become more prominent after 55 years. Stringent government regulations to support the industry of healthcare and medical devices are likely to remain vital for the global orthopedic procedures market in the upcoming years. Also, Stay up-to-date with latest research insights on "
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Highlights from Orthopedic Procedures Market Study
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Largest Market | North America |
Unit | Value (USD Million) |
CAGR | 5.9% |
The key Players profiled in the report are NuVasive, Inc. (United States), Medtronic (United States), Zimmer Inc. (United States), DePuy (United States), Stryker Corporation (United States), Aesculap Implant Systems, LLC (United States), Smith & Nephew (United Kingdom), Johnson & Johnson Services, Inc (United States) and SINTX Technologies, Inc. (United States).
Geographic Breakdown and Segment Analysis
The Global Orthopedic Procedures market presents a comprehensive analysis of the Orthopedic Procedures market by end-user/application (Hip, Knee, Spine, Dental, Shoulder and Others), and by geography (North America, South America, Europe, Asia-Pacific and MEA) along with country level break-up. This section of our report presents a realistic picture of the Global Orthopedic Procedures industry. Investors and Players can easily understand the inherent opportunities and challenges for their products in geographical region of interest. For instance, while the North America holds majority of market share of the Orthopedic Procedures market
Analyst at AMA have segmented the market study of Global Orthopedic Procedures market by Type, Application and Region. On the basis of Type, Knee are dominating the market and hold 41.6% of market share in the year 2021 where as Shoulder stood as second largest market share and accounted for 6.7%.
Orthopedic Procedures Market Dynamics:
Attributes | Details |
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Growth Drivers | - Rising Incidence and Prevalence of Orthopedic Disorders
- Growing Geriatric Population
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Influencing Trends | - Technological Advancements in Orthopedic Procedure
- Rising Adoption of Surgical Robots
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Restraints | - Stringent Government Policies
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Gaps & Opportunities | - Increase in R&D Expenditure for MSK Disorders
- Growing Healthcare Expenditure in Emerging Countries
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In Oct 2019, Johnson & Johnson Medical (Shanghai) Ltd. announced that it has entered a co-marketing and distribution agreement, as well as an R&D agreement, with TINAVI. This strategic collaboration will allow DePuy Synthes1, the orthopedics business of Johnson & Johnson Medical Devices Companies*, to bring TINAVI’s robotic solutions for spine and trauma surgery to the highly competitive China orthopedics implant market. To date, the system is the only arm-based robotic technology with multiple indications approved for use in spine and trauma in China.
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product offerings.
Key Target Audience
Orthopedic Procedures Providers, Ambulatory centers, Government and Private Laboratories, Research and Development (R&D) Companies, Market Research and Consulting Service Providers, Potential Investors and Others