Market Overview

Orthopedic Devices Market Growth, Analytical Overview, Growth Factors, Demand and Trends Forecast to 2025

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The prime objective of Orthopedic Devices Market report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report.Orthopedic Devices Market will exceed USD 55.0 billion by 2025; as per a new research report. Increasing proportion of geriatric population at a rapid pace is the major factor for growth of orthopedic devices market. Geriatric population base requires more medical attention and have low bone density, thus leading to high chances of bone and joint fractures. With increasing age, the risk of joint damage increases, thereby leading to market growth. Request a sample of this premium report at https://www.marketstudyreport.com/request-a-sample/312369/?utm_source=Benzinga.com-AN Few of the prominent market players involved in global orthopedic devices market are Stryker, Medtronic, Zimmer Biomet, DJO Global, ConforMIS, NuVasive, MicroPort Scientific Corporation (Wright Medical Group), Globus Medical, Medacta, DePuy Synthes and Smith & Nephew. The industry participants are engaged in acquisition and collaborations to enhance their market foothold and expand geographic reach.Joint reconstruction market is expected to reach USD 22.4 billion by 2025. Joint reconstruction procedures such as ankle, hip, shoulder and knee replacement are gaining popularity around the world. These procedures are becoming more common and less costly with time and therefore despite of being among the oldest orthopedic therapeutic offering, their market is still growing at a steady pace.Rising prevalence of degenerative bone diseases such as osteoporosis and osteoarthritis will be the key drivers of orthopedic devices market growth. As per Center for Disease Control and Prevention, in U.S. about 54 million people suffer from some form of arthritis annually. With growing number of people suffering from degenerative bone diseases, the demand for orthopedic devices is poised to grow in the future.The development of new products made of ceramics and polymers, bio-absorbable implants has boomed the success rate of orthopedic surgeries. The ability of such implants to offer compensations like fracture toughness, increased mechanical performance, rigidity and strength are the key factor that nurtures its adoption during the forecasted period. U.S. orthopedic devices market accounted for largest share in 2018 and is forecasted to grow at 2.4% CAGR over the projected period. As per the American Journal of Orthopedics Musculoskeletal disorders represent the most common and costly health issues in US, affecting individuals economically and medically. The escalating prevalence of degenerative bone disease, obesity, steep rise of sports injuries and sedentary lifestyles resulting in early musculoskeletal disorders boost the market growth. China orthopedic devices market is estimated to reach USD 2,783.3 million by 2025. China constitutes over 100 million people over the age of 65, suffering from ailments that require orthopedic treatment. Medical insurance coverage, improved healthcare, rise in incomes and urbanization is anticipated to bolster the demand for devices in this region.

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Report ContentChapter 1. Methodology Chapter 2. Executive SummaryChapter 3. Orthopedic Devices Market Industry InsightsChapter 4. Orthopedic Devices Market, By ProductChapter 5. Orthopedic Devices Market, By RegionChapter 6. Company Profiles 6.1. aap Implantate AG6.2. Alphatec Spine Inc.6.3. Arthrex6.4. B. Braun Melsungen AG6.5. ConforMIS, Inc.6.6. Conmed Corporation6.7. DePuy Synthes Companies6.8. DJO Global6.9. Globus Medical6.10. Integra LifeSciences6.11. Medacta6.12. Medtronic Spinal6.13. Microport Scientific Corporation6.14. NuVasive6.15. Smith & Nephew6.16. Stryker6.17. TriMed Inc.6.18. Waldemar LINK6.19. Zimmer Biomet

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