Global Orthopedic Devices Market share to surpass $53bn by 2024

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Orthopedic Devices Market share to surpass 53bn
by 2024 Global Market Insights Inc.
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Key Insights from Orthopedic Devices Market

• Breakthroughs in osteology which has resulted in
  development of cost-effective equipment coupled
  with rise in sports injuries will impel
  orthopedic devices market growth.
• The geriatric population base which is highly
  susceptible to bone diseases such as arthritis,
  osteoporosis, etc. will substantially drive the
  demand for these devices.
• Rising preference for minimally invasive surgical
  procedures and massive usage of novel
  biodegradable implants for medical treatment will
  contribute substantially towards orthopedic
  devices market share in future. Obesity,
  sedentary lifestyle, irregular diet, and high
  consumption of alcohol will further add to the
  growing popularity of the orthopedic devices.
• Taking into consideration the regional trends, UK
  orthopedic devices industry, which contributed
  more than 15 of Europe industry revenue in 2016,
  will exhibit an appreciable surge over the next
  few years.
• U.S. Orthopedic devices market, which was
  estimated at USD 20 billion in 2016, is forecast
  to exceed USD 25 billion by 2024.

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Continued...

• Mexico orthopedic devices industry, worth USD 300
  million in 2016, is projected to expand
  remarkably over the next few years subject to
  escalating rate of road accidents and increase in
  the number of the bone disorders.
• Orthopedic devices industry in China is forecast
  to grow significantly at a CAGR of 12 over
  2017-2024, driven by swift economic development
  and high patient consciousness about novel
  orthopedic services.
• Arthroscopic devices, Joint Reconstruction,
  Orthobiologics, Trauma Fixation Devices, and
  Spinal Devices are few of the major orthopedic
  devices
• Orthopedic devices market revenue from
  orthobiologics is predicted to surpass USD 4
  billion by 2024, driven by its immense usage as
  substitutes and bone grafts.
• Stryker Corporation, Medtronic, Zimmer Biomet,
  Smith Nephew Plc, MicroPort Scientific
  Corporation, NuVasive Incorporation, DJO Global,
  ConforMIS, The DePuy Synthes Companies, Globus
  Medical, and The Medacta Group are the major
  participants of orthopedic devices industry.

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Europe Orthopedic Devices Market Size, By
Product, 2013-2024 (USD Million)
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Table of Content
Chapter 1. Methodology 1.1 Methodology
1.1.1 Initial data exploration
1.1.2 Statistical model and forecast
1.1.3 Industry insights and validation
1.1.4 Market definition and forecast
parameters 1.2 Data Sources 1.2.1 Primary
1.2.2 Secondary Chapter 2.
Executive Summary 2.1 Orthopedic Devices
industry 3600 synopsis, 2013 - 2024 2.1.1
Business trends 2.1.2 Product trends
2.1.3 Regional trends
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Table of Content
Chapter 3. Orthopedic Devices Industry Insights
3.1 Industry segmentation 3.2
Industry size forecast, 2013 - 2024 3.3
Industry ecosystem analysis 3.3.1 Distribution
channel analysis 3.4 Industry impact
forces 3.4.1 Growth Drivers 3.4.1.1
Growing geriatric population base 3.4.1.2
Rising incidence of orthopedic diseases 3.4.1.3
Technological advances and product
innovation 3.4.1.4 Soaring orthopedic surgery
rates in developed regions 3.4.2 Industry
pitfalls challenges 3.4.2.1 Product
recalls 3.4.2.2 High orthopedic devices
cost 3.4.2.3 Prohibitive cost of orthopedic
surgeries 3.4.2.4 Stringent FDA regulation and
biocompatibility issues 3.4.2.5 Post-surgery
complications
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Table of Content
3.5 Growth potential analysis 3.5.1 By
Product 3.6 Epidemiology analysis 3.6.1 U.
S 3.6.2 Europe 3.7 Regulatory landscape
3.7.1 U.S. 3.7.2 Europe 3.8
Reimbursement scenario 3.8.1 U. S 3.8.2
Europe 3.9 Porter's analysis 3.10 PESTEL
analysis 3.11 Company market share
analysis, 2016 3.11.1. Business
overview 3.11.2. Revenue analysis 3.11.3.
Product landscape 3.11.4. Strategy dashboard
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