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2019 Orthopedic Devices (Equipment) Market Size, Share & Trends Analysis Report By TBRC offers "Orthopedic Devices Global Market Report 2019" to its research database.

Major Players In The Global Orthopedic Devices Market Include Johnson & Johnson, Zimmer Biomet Holdings, Stryker Corporation, Smith & Nephew PLC, B. Braun Melsungen.”
— Abdul Wasay

LONDON, GREATER LONDON, UK, July 5, 2019 / -- The orthopedic devices market expected to reach a value of nearly $45.21 billion by 2022, significantly growing at a CAGR of 3.9% during the forecast period. The growth in the orthopedic devices market is due to increase in growing demand in emerging markets, increasing minimally invasive procedures and technological advancements
However, the market for orthopedic devices is expected to face certain restraints from several factors such as Stringent Regulatory Approval Processes, Post-Surgery Complications as an Obstacle for Market Growth, High Rate of Product Recalls.

The orthopedic devices market consists of sales of orthopedic devices and related services by entities (organizations, sole traders and partnerships) that produce orthopedic devices used in treating bone abnormalities. This industry includes establishments that produce devices used in joint reconstruction, spinal surgeries, Craniomaxillofacial surgeries and orthobiologics implants. It also includes establishments manufacturing orthopedic accessories to fix or remove implants from the body and artificial devices to replace missing body part from the body under orthopedic prosthetics.

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The global orthopedic devices market is further segmented based on type and geography.
By Type - The orthopedic devices market is segmented into joint reconstruction, spinal surgery, trauma fixation, orthrobiologics, arthroscopy, orthopedic braces and support, craniomaxillofacial (cmf) devices, orthopedic prosthetics, orthopedic accessories (includes orthopedic reamers) among these segments, the joint reconstruction market accounts for the largest share in the global orthopedic devices market.

By Geography - The global orthopedic devices is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, the North America was the largest region in the global orthopaedic devices market.

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Trends In The Orthopedic Devices Market
Biodegradable implants are increasingly being used in trauma orthopedic surgeries. Biodegradable implants are used to replace a missing biological structure, support a damaged biological structure, and enhance the existing bone structure. Biodegradable products such as reabosorbable polymers composed of polyglycolic acid and poly lactic acid manufactured in the form of plates, screws, and pins are replacing traditional devices like plates and screws which are more expensive. Surgeons are preferring biodegradable implants to replace conventional implants, as biodegradable implants can be engineered to provide temporary support for bone fractures; can degrade at a rate matching new tissue formation; can eliminate the need for second surgery, are highly useful in fracture fixation in children; and result in less implant related infections. For instance, Stryker Corp. offers orthrobiologics such as bone repair biodegradable products that are used in bone regeneration and bone healing, soft tissue regeneration and muscle connection to bone.
Potential Opportunities In The Orthopedic Devices Market

With increase in aging population, high incidence of obesity and bone-related disorders, medical tourism the scope and potential for the global orthopedic devices market is expected to significantly rise in the forecast period. Major players in the Orthopedic Devices market include Johnson & Johnson, Zimmer Biomet Holdings, Stryker Corporation, Smith & Nephew PLC, B. Braun Melsungen.

Orthopedic Devices Global Market Report 2019 is one of a series of new reports from The Business Research Company that provides orthopedic devices market overviews, analyzes and forecasts orthopedic devices market size and growth for the global orthopedic devices market, orthopedic devices market share, orthopedic devices market players, orthopedic devices market size, orthopedic devices market segments and geographies, orthopedic devices market trends, orthopedic devices market drivers and orthopedic devices market restraints, orthopedic devices market’s leading competitors’ revenues, profiles and market shares. The orthopedic devices market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Where To Learn More
Read Orthopedic Devices Global Market Report 2019 from The Business Research Company for information on the following:
Markets Covered: global orthopedic devices market

Data Segmentations: orthopedic devices market size, global and by country; historic and forecast size, and growth rates for the world, 7 regions and 12 countries

Orthopedic Devices Market Organizations Covered: Johnson & Johnson, Zimmer Biomet Holdings, Stryker Corporation, Smith & Nephew PLC, B. Braun Melsungen.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Time Series: Five years historic (2014-18) and forecast (2018-22).

Other Information And Analyses: PESTEL analysis, orthopedic devices market customer information, orthopedic devices market product/service analysis – product examples, orthopedic devices market trends and opportunities, drivers and restraints, key mergers and acquisitions, key metrics covered: number of enterprises, number of employees, global orthopedic devices market in 2019 - countries offering most new opportunities

Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.

Strategies For Participants In The Orthopedic Devices Industry: the report explains a number of strategies for companies in the orthopedic devices market, based on industry trends and company analysis.

Opportunities For Companies In The Orthopedic Devices Sector: the report reveals where the global orthopedic devices industry will put on most $ sales up to 2022.

Interested to know more about The Business Research Company?
The Business Research Company has published over 300 industry reports, covering over 2400 market segments and 56 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. Here is a list of reports from The Business Research Company similar to Orthopedic Devices Global Market Report 2019:

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