Global Orthopaedic Devices Market is likely to grow at CAGR of around 5% and will exceed over USD 45.0 billion by 2024.
Global Orthopaedic Devices Market growth is primarily driven by rising ageing population and parallel, the bone diseases. An increasing trend of alcohol intake and smoking, the emergence of diseases such as obesity, poor diet plan, and decreased physical activity also drive the market for orthopedic devices market through the forecast period.
Global Orthopaedic Devices Market Overview, By Region
North America had the highest market share in 2016. This is primarily due to decreasing physical activities, rising aging population and increased consumption of alcohol. Technological advancement in the orthopedic sector also drive the market for orthopedic devices through the forecast period.
Global Orthopaedic Devices Market Overview, By Types
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Lower extremity devices had the highest market in 2016. This market is driven due to a rising aging population and increasing incidences of osteoarthritis and osteoporosis. Increasing investments from the government of U.S. for healthcare sector also drive the market for Orthopaedic Devices through the forecast period.
Global Orthopaedic Devices Market Overview, By Market Players
Increasing healthcare expenditure by all the regions also drive the market for Orthopaedic Devices through the forecast period. Some of the companies operating in Orthopaedic Devices Market are DePuy Synthes, DJO Global, Medtronic, Strykar, Smith & Nephew, Zimmer, Biomet, Inc., Wright Medical Group, Inc., NuVasive, Inc., Globus Medical, Inc. and Arthrex Inc.
Global Orthopaedic Devices Market Background
Developing countries such as China and India are increasing their investments in the healthcare sectors. Other private organizations in the developing countries also investing in the healthcare infrastructures. These factors drive the market for Orthopaedic Devices through the forecast period.
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Global Orthopaedic Devices Market Segmentation
• Global Orthopaedic Devices Market, By Type
o Upper Extremity Devices
Shoulder
Elbow
Radius
Others
o Lower Extremity Devices
Hip
Knee
Foot
Ankle
Others
o Spine Orthopedic Devices
Artificial Discs
Fixation Screws
Fixation Nail/Rod
Fixation Plates
Fixation Wires
o Arthroscopic Devices
o Orth biologics
Bone Cement
Bone Graft Substitute
Bone Growth Factors
Others
o Braces & Support Devices
The above data will be provided for following regions/countries from 2013-2024 (USD Million)
• North America
o U.S.
o Canada
• Europe
o Germany
o UK
o France
o Spain
o Italy
• Asia Pacific
o China
o India
o Japan
o Australia
• Latin America
o Argentina
o Brazil
o Mexico
• Middle East and Africa
o South Africa
o Saudi Arabia
MAJOR TOC OF THE REPORT
Chapter One: Orthopaedic Devices Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Orthopaedic Devices Market Competition, by Players
Chapter Four: Global Orthopaedic Devices Market Size by Regions
Chapter Five: North America Orthopaedic Devices Revenue by Countries
Chapter Six: Europe Orthopaedic Devices Revenue by Countries
Chapter Seven: Asia-Pacific Orthopaedic Devices Revenue by Countries
Chapter Eight: South America Orthopaedic Devices Revenue by Countries
Chapter Nine: Middle East and Africa Revenue Orthopaedic Devices by Countries
Chapter Ten: Global Orthopaedic Devices Market Segment by Type
Chapter Eleven: Global Orthopaedic Devices Market Segment by Application
Chapter Twelve: Global Orthopaedic Devices Market Size Forecast (2019-2026)
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