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Orthopedic devices market forecast to 2021 scrutinized in new research

Medical Market Research

One trend in the market is technological advances. The orthopedics devices market in Japan has witnessed several changes over the past few decades.

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The analysts forecast orthopedic devices market in Japan to grow at a CAGR of 4.12% during the period 2017-2021. 

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Advances in materials and the advent of computer-aided manufacturing and robot-assisted surgeries have driven the growth of the market. Technological advances and the availability of low-cost products are likely to drive the growth of the orthopedic devices market in Japan.

According to the orthopedic devices market report, one driver in the market is rapidly growing aging population with orthopedic disorders. Japan is witnessing a rapid growth in the aging population, which is a trend that is likely to continue during the forecast period.

The aging population is more prone to spinal disorders such as degenerative disc disease, scoliosis, and spondylolisthesis when compared with people from other age groups. In addition, the prevalence of obesity, back pain, diabetes mellitus, hypertension, and osteoarthritis has also increased among the aging population.

According to the OECD, the aging population in Japan is expected to increase from 23% in 2010 to 39% in 2050.

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Major key players in the orthopedic devices market in Japan: DePuy Synthes, Medtronic, Smith & Nephew, Stryker, and Zimmer Biomet, Acumed, Arthrex, Arthrosurface, B. Braun Melsungen, Berkeley Advanced Biomaterials, Bioplate, Foot and Ankle Fixation, Integra LifeSciences Corporation, Kelyniam Global, MicroPort Scientific Corporation, NuVasive, Orthofix Holdings, OsteoMed, and OsteoSymbionics.

Further, the orthopedic devices market report states that one challenge in the market is risks and complications associated with orthopedic devices. Orthopedic devices, implants, and grafts are made from synthetic or biological implantable materials.

They are placed inside the body through surgery to correct different clinical conditions. The increasing volume of surgeries performed every year and advances in technology have dramatically increased the demand for grafts, devices, and implants.

However, there are several post-operative complications associated with orthopedic devices. For bone graft, the graft eventually breaks down and is replaced with a new bone.

Implants also cause several complications.

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Few Points from List of Exhibits:

Exhibit 1: Orthopedic Devices Market In Japan 2016-2021 ($ Millions)

Exhibit 2: Orthopedic Devices Market In Japan: Year-Over-Year Growth 2017-2021 (%)

Exhibit 3: Share of Japan In Global Orthopedic Devices Market 2016 ($ Millions)

Exhibit 4: Five Forces Analysis

Exhibit 5: Orthopedic Devices Market In Japan: Segmentation by Application 2016 and 2021 ($ Millions)

Exhibit 6: Orthopedic Devices Market In Japan: Segmentation by Application 2016-2021 (% Share)

Exhibit 7: Orthopedic Devices Market In Japan: Comparison by Application

Exhibit 8: Orthopedic Devices For Spine Market In Japan 2016-2021 ($ Millions)

Exhibit 9: Orthopedic Devices For Spine Market In Japan: Year-Over-Year Growth 2017-2021 (%)

Exhibit 10: Orthopedic Devices For Trauma and Extremities Market In Japan 2016-2021 ($ Millions)

Exhibit 11: Orthopedic Devices For Trauma and Extremities Market In Japan: Year-Over-Year Growth 2017-2021 (%)

Exhibit 12: Orthopedic Devices For Knee Market In Japan 2016-2021 ($ Millions)

Exhibit 13: Orthopedic Devices For Knee Market In Japan: Year-Over-Year Growth 2017-2021 (%)

Exhibit 14: Orthopedic Devices by Hip Market In Japan 2016-2021 ($ Millions)

Exhibit 15: Orthopedic Devices by Hip Market In Japan: Year-Over-Year Growth 2017-2021 (%)

Exhibit 16: Orthopedic Devices For Sports Injuries Market In Japan 2016-2021 ($ Millions)

Exhibit 17: Orthopedic Devices For Sports Injuries Market In Japan: Year-Over-Year Growth 2017-2021 (%)

Exhibit 18: Orthopedic Devices For Cmf Market In Japan 2016-2021 ($ Millions)

Exhibit 19: Orthopedic Devices For Cmf Market In Japan: Year-Over-Year Growth 2017-2021 (%)

Exhibit 20: Orthopedic Devices Market In Japan: Segmentation by Product

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