Orthopedic Implants Market detailed strategies, Competitive landscaping, developments for Upcoming years.

North America accounted for the largest share of the global orthopedic implants market in 2020, and is expected to remain dominant during the forecast period.
PORTLAND, OREGON, US, December 20, 2021 /EINPresswire.com/ -- According to a new report published by Allied Market Research, titled, “Orthopedic Implants, by Product, Type, and Biomaterial: Global Opportunity Analysis and Industry Forecast, 2021–2030". The report provides a detailed analysis of changing market dynamics, top segments, value chain, key investment pockets, regional scenario, and competitive landscape.
The global orthopedic implants market was valued at $45.05 billion in 2020 and is projected to reach $68.80 billion by 2030 registering a CAGR of 4.7% from 2021 to 2030.
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Orthopedic implant is a medical device surgically placed inside the body to restore bone function by reinforcing or replacing a damaged structure. These implants are either permanently incorporated inside the human body or withdrawn after desired results. The growth in number of replacement surgeries, such as knee, hip, shoulder, and others, (bone or joint) has propelled the demand for implants globally.
North America accounted for the largest share of the global orthopedic implants market in 2020, and is expected to remain dominant during the forecast period. This was attributed to rise in use of technologically advanced implants, higher awareness among the patients, high healthcare expenditure, availability of trained medical professionals, rise in number of product approvals, and supportive reimbursement policies in the healthcare system as well as large number of hospitals and clinics.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains. AMR offers its services across 11 industry verticals including Life Sciences, Consumer Goods, Materials & Chemicals, Construction & Manufacturing, Food & Beverages, Energy & Power, Semiconductor & Electronics, Automotive & Transportation, ICT & Media, Aerospace & Defense, and BFSI.
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