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)
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