The Global Orthopedic Devices Market report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different markets segments and regions
The Global Orthopedic devices Market has been segmented on the basis of type which comprise Trauma Fixation, Spinal Devices, Joint Replacement, Consumables & Disposables, Bone Repair, and Others. On the basis of application, Orthopedic Devices Market report segmented into, Spine, Trauma and extremities, Knee, Hip, Foot and ankle, and others.
On the basis of end user, it is segmented into, Ambulatory surgery centers, Hospitals, and Medical research center.
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Orthopedic Devicess Market Key Players: DePuy Synthes Companies (US), Globus Medical, Inc. (US), Medtronic (Republic of Ireland), NuVasive, Inc.
(US), Smith & Nephew plc. (UK), stryker Corporation (US), and Zimmer Inc.(US).
Orthopedic devices market is growing steadily and expected to continue its growth near future. The total market for orthopedic devices was US$ 43,802.1 million in 2016 and expected to reach US$ 58,814.6 million by 2023.
The global orthopedic devices market is expected to grow at a CAGR of 4.3% during the forecast period.
Orthopedic Devicess Market by Regions: Considering the global scenario of the market, North America was holding largest market share of 39.6% in global orthopedic devices market in 2016. Europe is second largest market and expected to reach USD 19,467.6 million by 2023.
APAC is expected to grow at fastest CAGR of 6.2% during 2017-2023. On the other hand, the Middle East and Africa (ME&A) Orthopedic devices market was growing lower than global average and expected to grow at steady pace.
Major TOC Orthopedic Devicess Market:
Market factor analysis
Global orthopedic devicess market, by types
Global orthopedic devicess market, by sensor placement
Global orthopedic devicess market, by application
Global orthopedic devicess market, by region
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An orthopedic device is placed within the body’s skeleton and muscle systems so as to correct existing problems or to provide stability. Technological advancements and product development is the best strategy that yields the greatest market benefit.
Changing technology, increasing prevalence of osteoporosis, increasing funding for R&D and market growth in emerging economies are major driving forces for global orthopedic devices market.
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