Global Orthopedic Devices Market Size | Forecast Report 2025

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Global Orthopedic Devices Market

• Drivers, Restraints, Potential Growth
  Opportunities, Vendor Competitive Landscape,
  Trends and Forecast 2018-2025

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Global Orthopedic Devices Market Size and
Share-Global Forecast to 2025

• The orthopedic device market is seeing an
  ever-increasing growth. The global orthopedic
  devices market size accounted for xx billion in
  2017 and is likely to expand at a CAGR of xx in
  the next five years, reaching a value of xx
  billion by 2025, with North America dominating
  the market.
• An orthopedic device is a medical equipment,
  generally made of stainless steel and titanium
  alloy. It is used to prevent deformities and
  injuries to the musculoskeletal system. These
  devices are of various types, to cater to various
  needs, like pins, rods, screws and plates (to
  anchor a fractured bone), splints, hinged
  splints, prostheses, corrective devices like
  corsets, orthopedic footwear and insoles, etc.
• The global orthopedic devices industry is
  expected to rise significantly, due to an
  increase in the number of surgeries being
  performed. Orthopedic ailments, such as
  degenerative bone disease, are highly prevalent
  nowadays. Also, there is an increase in the
  number of road accidents and sports-related
  injuries. Moreover, obesity and sedentary
  lifestyles result in early onset of
  musculoskeletal conditions. All the above factors
  are bound to upsurge the orthopedic devices
  market share.
• Request for sample copy of Orthopedic Devices
  Market report at https//www.adroitmarketresearch
  .com/contacts/request-sample/83

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Global Orthopedic Devices Market Size and
Share-Global Forecast to 2025

• Over the years, the life expectancy of an average
  human being has significantly increased. However,
  theres also been an increase in different kinds
  of autoimmune diseases. Presently, there exists a
  number of autoimmune diseases which directly
  affect the skeletal system. Their causes are
  unknown, with no generally available cure. These
  autoimmune diseases are mostly chronic, and
  almost a third of the suffering population
  experiences a regression period after a
  significant amount of time has passed. As a
  person ages, theres a decrease in bone density,
  which puts the bone at a higher risk of fracture
  even while doing really mundane tasks like
  lifting a heavy bag. The bone mass weakens due to
  its excessive loss. And after the age of 55,
  these risks become more prominent. Rheumatoid
  Arthritis, Osteoarthritis, Osteoporosis can
  affect people of any age, which only worsens as
  time passes, and without early recognition and
  the right treatment, these diseases progress to a
  point where they require orthopedic surgeries.
  The orthopedic devices industry has seen various
  advancements based on these factors
• Read more details of the report at
  https//www.adroitmarketresearch.com/industry-repo
  rts/orthopedic-devices-market
• With new technology and innovation of more
  advanced procedures, the orthopedic device market
  has also seen new products and growth in their
  sales significantly. The devices that were used
  10 years ago, or even 5 years ago, are no longer
  in use because they have been replaced with
  better devices, which are more secure and
  effective. New methods like arthroscopy,
  minimally-invasive total joint replacement
  surgery, and spinal surgery are more prevalent
  now. With an increase in the elderly population
  (due to the increased life expectancy), these
  surgeries have become more common, and are often
  performed successfully. A study done in 2012 of
  the global burden of diseases and their worldwide
  impact found that musculoskeletal conditions,
  such as arthritis and back pain, are to affect
  more than 1.7 billion people worldwide, thus
  implying an estimated growth in the number of
  orthopedic surgeries.

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Global Orthopedic Devices Market Size and
Share-Global Forecast to 2025

• There are many people who do not trust these
  procedures and prefer to adopt methods such as
  yoga and physiotherapy to relieve their pain. The
  approval procedure for any new orthopedic device
  to be introduced in the market and get used is
  very strict. Even though there are many new
  innovations in the area, their approval procedure
  is time-consuming, which is not a good sign for
  the product manufacturer. Additionally, most of
  these devices are very costly, and are not
  affordable by the people who dont have a medical
  insurance policy.
• North America is expected to dominate the
  orthopedic devices market due to increased
  awareness about the continuous innovation in
  implant technologies, minimal-invasive procedures
  for orthopedic surgeries and advanced healthcare
  facilities. The Asia Pacific region is also
  estimated to contribute to the orthopedic devices
  market share. The population of countries like
  India and China is ever growing. There is a high
  demand in the orthopedic devices market, which
  has not yet been met by an existing brand. There
  are many opportunities for the orthopedic market
  to grow in such countries. Besides, the
  government regulations are also in support of
  these devices. In India, the orthopedic device
  market was valued at xxx million in 2016. And it
  has been estimated to grow by xx annually. The
  orthopedic device market size in India is
  estimated to grow by xx billion in coming years.
• Enquire more details of the report at
  https//www.adroitmarketresearch.com/researchrepor
  t/purchase/83

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