Orthopedic Implants Market by Market Size, Share, Technology and Opportunity Globally Stated by MRFR
Orthopedic
Implants Market AI based Trend Overview on Top Industry Players By Product Type
(Spinal Implants, Reconstructive Joint Implants, Orthobiologics and others),
Biomaterial (Metallic, Polymer, Ceramic), End-User (Hospitals, Orthopedic
Centers and others) and Region (Americas, Europe, Asia-Pacific and Middle East
& Africa) – Global Forecast till 2025.
Orthopedic
Implants Market Size is expected to exhibit significant growth over the
forecast period which was valued at approximately USD 6,374.86 Million in 2018
and is projected to register a 4.71% CAGR over the forecast period.
The orthopedic
implant market has witnessed a tectonic surge over the past few years, mainly
due to the rising number of replacement surgeries like hip, knee, shoulder, and
other joint or bone, These can be referred as a medical device, which is
surgically placed within the body of a patient in order to restore functioning
of bone by replacing or reinforcing a damaged structure.
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Top Manufacurers
of orthopedic implants market who holds the maximum Global Share in the
Industry those are Listed Bellow-
· Braun Melsungen AG (Germany)
· CONMED Corporation (US)
· Globus Medical (US)
· Integra LifeSciences (US)
· Johnson & Johnson (US)
· Medtronic (Ireland)
· NuVasive Inc. (US)
· Orthopaedic Implant Company (US)
· Smith Nephew (UK)
· Stryker (US)
· Wright Medical Group NV (UK)
· Zimmer Biomet (US)
· and Others
Global
Orthopedic Implants Market Segmental Analysis
The orthopedic
implants market has been segmented on the basis of procedure, product type,
device type, biomaterial, application, and end-user.
By product type,
the orthopedic implants market is segmented into dental implants, spinal
implants, reconstructive joint implants, trauma and craniomaxillofacial
implants, orthobiologics, and others. The reconstructive joint implants segment
is estimated to gain prominence due to the soaring prevalence of osteoarthritis
and osteoporosis and huge investments by the industry players in R&D.
The procedure
segment comprises minimally invasive surgery (MIS), open surgery, and others.
Of these, the minimally invasive surgery is huge demand globally due to fewer
chances of infection post-surgery and minimum pain during the surgery.
Based on the
biomaterial, the market is segregated into polymer biomaterials, metallic
biomaterials, ceramic biomaterials, and natural biomaterials. Moreover, these
materials offer efficacy of bone healing compared to other materials, which
further increases their demand.
Considering the
device type, the market is segmented into external fixation devices and internal
fixation devices.
Based on the
application, the market consists of spine fracture, neck fracture, shoulder
replacement, hip replacement, and others.
The end users
segment comprises home cares, orthopedic clinics, hospitals, and others.
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Geographically,
the orthopedic implants market spans across Europe, America, Asia Pacific, and
the Middle East & Africa.
The increased
incidences of orthopedic diseases and injuries and rapid growth in the aging
population are some of the growth stimulants of the orthopedic implants market.
Advancing technological innovations like robot-assisted surgical tools,
extensive application of orthopedic implants in the treatment of orthopedic
diseases, musculoskeletal, and injuries, coupled with the increased acceptance
of implantable medical devices are likely to encourage the market growth.
LIST OF
TABLES
TABLE 1 GLOBAL
ORTHOPEDIC IMPLANTS MARKET SYNOPSIS, 2019–2025
TABLE 2 GLOBAL
ORTHOPEDIC IMPLANTS MARKET ESTIMATES & FORECAST, 2019–2025 (USD MILLION)
TABLE 3 GLOBAL
ORTHOPEDIC IMPLANTS MARKET, BY PRODUCT TYPE, 2019–2025 (USD MILLION)
TABLE 4 GLOBAL
ORTHOPEDIC IMPLANTS MARKET, BY BIOMATERIAL, 2019–2025 (USD MILLION)
TABLE 5 GLOBAL
ORTHOPEDIC IMPLANTS MARKET, BY END USER, 2019–2025 (USD MILLION)
TABLE 6 GLOBAL
ORTHOPEDIC IMPLANTS MARKET, BY REGION, 2019–2025 (USD MILLION)
TABLE 7 NORTH
AMERICA: ORTHOPEDIC IMPLANTS MARKET, BY PRODUCT TYPE, 2019–2025 (USD MILLION)
TABLE 8 NORTH
AMERICA: ORTHOPEDIC IMPLANTS MARKET, BY BIOMATERIAL, 2019–2025 (USD MILLION)
TABLE 9 NORTH
AMERICA: ORTHOPEDIC IMPLANTS MARKET, BY END USER, 2019–2025 (USD MILLION)
TABLE 10 US:
ORTHOPEDIC IMPLANTS MARKET, BY PRODUCT TYPE, 2019–2025 (USD MILLION)
Continued…
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