Precision Business Insights has published a report on the global orthopedic devices market, estimating its value at USD 42080.0 Million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 5.2% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/global-orthopaedic-devices-market
The Orthopedic Devices Market includes medical technologies used to prevent, diagnose, and treat musculoskeletal problems such as injuries, deformities, and degenerative conditions of bones, joints, and ligaments. These devices include joint replacement implants, spinal implants, trauma fixation systems, orthobiologics, and support braces.
Drivers:
Increasing prevalence of conditions like osteoarthritis, osteoporosis, and fractures is fueling demand for orthopedic interventions.
Rising participation in sports and physical activities has led to a surge in trauma-related orthopedic procedures.
The global orthopedic devices market segmentation:
1) By Application: Cranio Maxillofacial (CMF), Knee, Hip, Shoulder, Elbow, Spine, Foot and ankle, Others
2) By Product: Spinal devices, Joint reconstruction, Ortho biologics, Arthroscopic devices, Trauma fixation devices
3) By Consumables: Orthopedic staples, Orthopedic suture anchors
4) By End User: Hospitals, Orthopedic clinics, medical centres, Research Centres
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Regional Overview:
The report also examines the current concerns and their Future Effects on the orthopedic devices market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the orthopedic devices market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
North America (U.S., Canada)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Medtronic, Stryker, Zimmer Biomet, ConforMIS, DJO Global, NuVasive, Globus Medical, MicroPort Orthopedics, Inc, Medacta, Smith & Nephew, DePuy Synthes
About Precision Business Insights:
We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers.
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