Global Orthopedic Devices Market share to surpass $53bn by 2024 - PowerPoint PPT Presentation


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


Get more details @ Some of the companies operating in the orthopedic devices market include Medtronic, Stryker, Zimmer Biomet, ConforMIS, DJO Global, MicroPort Scientific Corporation, NuVasive, Medacta, Globus Medical, Smith & Nephew, and DePuy Synthes. – PowerPoint PPT presentation

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

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

  • 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
  • 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.

Europe Orthopedic Devices Market Size, By
Product, 2013-2024 (USD Million)
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
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
Growing geriatric population base
Rising incidence of orthopedic diseases
Technological advances and product
innovation Soaring orthopedic surgery
rates in developed regions 3.4.2 Industry
pitfalls challenges Product
recalls High orthopedic devices
cost Prohibitive cost of orthopedic
surgeries Stringent FDA regulation and
biocompatibility issues Post-surgery
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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