- The high frequency of accident, sport, or adventure-related injuries and the growing influence of technology may spin a strong web of growth for the orthopedic devices market
- From a regional perspective, North America may emerge as the leading growth contributor for the orthopedic devices market during the forecast period of 2019 to 2027
ALBANY, N.Y, Aug. 3, 2020 /PRNewswire/ -- Escalating jobs related to sedentary work, increasing cases of alcohol consumers and smokers across the globe, and the heightening percentage of the geriatric population are significant factors that may draw a silver lining of growth across the horizon of orthopedic devices market.
In addition, the presence of diseases and disorders like fibromyalgia, juvenile arthritis, rheumatoid arthritis, osteoarthritis, and others may serve as good growth generators for the orthopedic devices market between 2019 and 2027.
Taking into consideration the aforementioned points, the analysts at Transparency Market Research (TMR) predict the global orthopedic devices market to expand at a CAGR of 4.3% during the forecast period of 2019-2027. The global orthopedic devices market was valued at US$ 46.2 bn in 2018.
Request for Analysis of COVID-19 Impact on Orthopedic Devices Market –https://www.transparencymarketresearch.com/covid19.php
The constant revamping of healthcare setups by numerous hospitals across the globe and the growing support of the government in developing a cutting-edge and technologically upgraded health infrastructure for the citizens may assure a good growth rate for the global orthopedic devices market across the forecast period.
Orthopedic Devices Market: Major Revelations
Explore 270 pages of in-depth research, incisive insights, and detailed country-level projections. Analyze and discover the latest developments in the Orthopedic Devices Market (Product - Joint Reconstruction (Hip Replacement, Knee Replacement, Elbow & Shoulder Replacement), Spinal Devices (Spinal Fusion Devices, Spinal Non-fusion Devices), Trauma Fixation, Orthopedic Prosthetics, Arthroscopy Devices, Orthopedic Braces and Supports, Orthopedic Accessories (Bone cement, Casting system, Removal systems); End use - Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 – 2027 at https://www.transparencymarketresearch.com/report-toc/1781
Orthopedic Devices Market: Growth Boosters
The technological advancements across diverse orthopedic devices and expansive demand for minimally invasive surgeries may bring good growth for the orthopedic devices market between 2019 and 2027.
Download a PDF Brochure of Report - https://www.transparencymarketresearch.com/brochure.php
Orthopedic Devices Market: From Competitive Angle
The orthopedic devices market has numerous players that play an important role in the expansion of growth rate. Heavy investments in research and development activities are helping the manufacturers in the orthopedic devices market to explore untapped opportunities. In addition, activities like mergers, acquisitions, joint ventures, collaborations, and partnerships help the players in the orthopedic devices market garner influence and establish their foothold. This factor eventually helps the orthopedic devices market to gain growth.
Purchase the Orthopedic Devices Market Report - https://www.transparencymarketresearch.com/checkout.php
Key participants in the orthopedic devices market are DePuySynthes, Globus Medical, Zimmer Biomet, DJO Global, Smith & Nephew, Arthrex, Inc., NuVasive, Inc., and Medtronic.
Browse More Press Releases - https://www.transparencymarketresearch.com/press-releases.htm
Global Orthopedic Devices Market: Segmentation
Browse Our Latest Reports - https://www.transparencymarketresearch.com/latest.htm
Explore Transparency Market Research's award-winning coverage of the global Healthcare Industry:
Rheumatoid Arthritis Drugs Market: The global rheumatoid arthritis drugs market was valued at US$ 19597.43 mn in 2016. Taking into consideration the factors associated with the growth of the rheumatoid arthritis drugs market, it is anticipated to expand at a CAGR of 2.96% from 2018 to 2026. The use of rheumatoid arthritis drugs to decrease joint damage and enhance the overall body functioning may serve as great growth generators for the rheumatoid arthritis drugs market.
Spine Surgery Robots Market: Rise in funding for research & development activities by governments and private organizations, rapid development in robotic surgical technology, and increase in the acceptance of minimal invasive surgeries are key factors fueling demand for spine surgical robots globally. Moreover, an increase in the number of surgical procedures, higher purchasing power of hospitals, and rise in geriatric population are factors driving the global spine surgery robots market.
Joint Reconstruction Devices Market: The global joint reconstruction devices market is expected to be driven by rise in demand for minimally invasive devices or techniques and increase in geriatric population during the forecast period. Additionally, increase in incidence of joint related diseases such as arthritis, bone degenerative diseases, osteoporosis, gout, and injuries are likely to fuel the growth of the joint reconstruction devices market during the forecast period.
Browse More Upcoming Reports by Transparency Market Research: https://www.transparencymarketresearch.com/upcoming.htm
Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.
Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through adhoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.
TMR believes that unison of solutions for clients-specific problems with right methodology of research is the key to help enterprises reach right decision."
Mr. Rohit Bhisey
Transparency Market Research
90 State Street,
Albany NY - 12207
USA - Canada Toll Free: 866-552-3453
Email: [email protected]
Press Release Source: https://www.transparencymarketresearch.com/pressrelease/orthopedic-devices-market.htm