Global Orthopedic devices Market information, by type (Trauma Fixation, Spinal Devices, Joint Replacement, Consumables & Disposables, Bone Repair, and Others), by application (Spine, Trauma and extremities, Knee, Hip, Foot and ankle, and Others), BY End User (Ambulatory surgery centers, Hospitals, and Medical research center) – Forecast to 2023
An orthopedic device are placed within the body’s skeleton and muscle systems so as to correct existing problems or to provide stability. Technological advancements and product development is the best strategy that yields the greatest market benefit. Changing technology, increasing prevalence of osteoporosis, increasing funding for R&D and market growth in emerging economies are major driving forces for global orthopedic devices market.
The Global Orthopedic Devices Market was around US$ 43.8 billion in 2016 and is expected to reach US$ 58.8 billion which is projected to grow at a CAGR of 10.4% by 2023.
Key Players for Global Orthopedic devices Market:
Some of the key players in this market are:
- DePuy Synthes Companies (US),
- Globus Medical Inc. (US),
- Medtronic (Republic of Ireland),
- NuVasive Inc. (US),
- Smith & Nephew plc. (UK),
- Stryker Corporation (US)
- Zimmer Inc. (US)
Get a Brochure of This Report @ https://www.marketresearchfuture.com/sample_request/3323 .
Global Orthopedic devices Market has been segmented on the basis of type which comprise Trauma Fixation, Spinal Devices, Joint Replacement, Consumables & Disposables, Bone Repair, and Others. On the basis of application, it is segmented into, Spine, Trauma and extremities, Knee, Hip, Foot and ankle, and others. On the basis of end user, it is segmented into, Ambulatory surgery centers, Hospitals, and Medical research center.
- Orthopedic devices manufacturers and suppliers
- Research and Development (R&D) Companies
- Research Laboratories
- Market Research and Consulting Service Providers
- Potential Investors
Regional Analysis of Global Orthopedic devices Market:
Considering the global scenario of the market, North America was holding largest market share of 39.6% in global orthopedic devices market in 2016. Europe is second largest market and expected to reach USD 19,467.6 million by 2023.
APAC is expected to grow at fastest CAGR of 6.2% during 2017-2023. On the other hand. Middle East and Africa (ME&A) Orthopedic devices market was growing lower than global average and expected to grow at steady pace.
Grab Attractive Discount @ https://www.marketresearchfuture.com/check-discount/3323 .
Key Questions Answered In This Report
- What will the market size and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Market Research Future (MRFR), enable customers to unravel the complexity of various industries through Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Market Research Future
+1 646 845 9312