The global Orthopedic Implants market is anticipated to reach US$ 8.47 Bn. by 2029 from US$ 5.52 Bn. in 2022 at a CAGR of 6.3 % during a forecast period.
Market Overview:
This research aims to provide a comprehensive overview of the Orthopedic Implants market, encompassing segmentation, industry analysis, and geographical insights. It delves into crucial factors influencing the growth of the Orthopedic Implants industry and conducts an extensive evaluation of its value chain.
Market Scope:
The research methodology employed for analyzing and forecasting the Orthopedic Implants market involves gathering revenue data from major suppliers through secondary research sources. Additionally, vendor offerings are considered in the process of market segmentation. Utilizing the bottom-up approach, the revenue of prominent firms serves as a basis to estimate the overall size of the Orthopedic Implants market.
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Drivers:
Rising Occurrence of Breast Cancer: One of the main reasons of the Orthopedic Implants market's growth is the rising prevalence of breast cancer in the world. For example, according to a Globocan report, breast cancer had a prevalence rate of 11.7 percent, making it the most dominant type of cancer. The same survey found that Asia had the biggest number of affected people 3,218,496 (41.3%), followed by Europe 2,138,117 (27.4%), and North America 1,189,111 in terms of the five-year estimated prevalence for both sexes (15.3 %).
Segmentation:
by Product
Spinal implants
Dental implants
Trauma & craniomaxillofacial implants
Reconstructive joint implants
Orthobiologics
Others
by Procedure Open Surgery
Minimally Invasive Surgery (MIS)
Others
by Biomaterial
Metallic Biomaterials
Polymer Biomaterials
Ceramic Biomaterials
Natural Biomaterials
by Device Type Internal Fixation Devices
External Fixation Devices
Orthopedic Rods/Wire
Orthopedic Screws
Orthopedic Plates
Fixation Pins
Orthopedic Nails
by Application
Neck Fracture
Spine Fracture
Hip Replacement
Knee Fracture
Shoulder Replacement
Others
by End-User
Hospital
Orthopedic Clinics
Home Cares
Others
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Key Players:
The Orthopedic Implants market report covers insights on major players such as:
1. Deputy Synthes Inc.
2. Globus Medical, Inc.
3. NuVasive, Inc.
4. Smith & Nephew plc.
5. Stryker Corporation
6. Zimmer Biomet Holdings, Inc.
7. Integra LifeSciences Holdings Corporation
8. Medtronic, plc.
9. The Orthopedic Implant Company
10. B. Braun Melsungen
11. Wright Medical Group N.V.
12. Aesculap Implant Systems
13. BioTek Instruments, Inc.
14. Conmed Corporation
15. Arthrocare Corporation
16. DJO Finance LLC
17. NuVasive, Inc.
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Regional Analysis:
Our research team conducted thorough primary and secondary research to study the global Orthopedic Implants market. Secondary research was conducted to enhance available data, segment the market, estimate total market size, and forecast growth rate. Various methodologies were employed to calculate market value and growth rate. Regional perspectives were enriched by collecting market facts and data from diverse areas. Country-level analysis was developed by examining regional stakeholders, tax laws, consumer behavior, and macroeconomic indicators.
Market share data is provided separately for North America, Europe, Asia-Pacific, the Middle East and Africa, and South America. Analysts are encouraged to leverage their competitive strengths and conduct independent competitive analyses.
COVID-19 Impact Analysis on Orthopedic Implants Market:
The research also includes a comprehensive assessment of COVID-19's impact on the Orthopedic Implants market, considering factors such as imports, suppliers, and market players.
Key Questions Answered in the Orthopedic Implants Market Report:
• Which segment dominated the Orthopedic Implants market share?
• What was the competitive landscape of the Orthopedic Implants market in 2020?
• What are the key drivers fostering Orthopedic Implants market growth?
• Which region held the largest share in the Orthopedic Implants market in 2020?
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