About Orthopedic Extremity
The global orthopedic extremity market is expected to witness lucrative growth over the forecast period owing to the rising global geriatric population base, coupled with increasing life expectancy rate. Rise in the incidence rate of sports injuries, the prevalence of obesity, and other bone-related disorders such as osteoporosis, and osteoarthritis is also expected to drive the market. Stringent government regulations to support the industry of healthcare and medical devices are likely to remain vital for the market in the upcoming years.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting expansions, investments, new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Orthopedic Extremity market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Acumed (United States), Alphatec Spine, Inc. (United States), Zimmer Inc. (United States), Integra LifeSciences (United States), Stryker Corporation (United States), DePuy (United States), Conmed (United States), Skeletal Dynamics (United States), Smith & Nephew (United Kingdom), Medtronic (United States), DJO Global (United States) and NuVasive, Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Orthopedic Extremity market by Type (Lower extremity, Upper extremity, Arthroscopic, Spine orthopedic, Orthobiologics and Braces & support), Application (Hip, Knee, Spine and Others) and Region.
On the basis of geography, the market of Orthopedic Extremity has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by End User, the sub-segment i.e. Hospitals will boost the Orthopedic Extremity market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In Sept 2020, DJO, LLC, a leading global provider of medical technologies to get and keep people moving, announced the launch of the canal-sparing AltiVate® Anatomic CS EDGE™ Shoulder System.
Market Drivers
- Rising Geriatric Population and Prevalence of Orthopedic Diseases & Disorders
- Increasing Incidence Rate of Sports Injuries
Opportunities
- Increase in R&D Expenditure for MSK Disorders
- Growing Healthcare Expenditure in Emerging Countries
Restraints
- Stringent Government Policies
Challenges
- Post-surgery Complications
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.