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Global Orthopedic Devices Market share to surpass $53bn by 2024

Get more details @ http://bit.ly/2oQmyqF <br>Some of the companies operating in the orthopedic devices market include Medtronic, Stryker, Zimmer Biomet, ConforMIS, DJO Global, MicroPort Scientific Corporation, NuVasive, Medacta, Globus Medical, Smith & Nephew, and DePuy Synthes.

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Global Orthopedic Devices Market share to surpass $53bn by 2024

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  1. Orthopedic Devices Market share to surpass $53bn by 2024: Global Market Insights Inc.

  2. Key Insights from Orthopedic Devices Market: • Breakthroughs in osteology which has resulted in development of cost-effective equipment coupled with rise in sports injuries will impel orthopedic devices market growth. • The geriatric population base which is highly susceptible to bone diseases such as arthritis, osteoporosis, etc. will substantially drive the demand for these devices. • Rising preference for minimally invasive surgical procedures and massive usage of novel biodegradable implants for medical treatment will contribute substantially towards orthopedic devices market share in future. Obesity, sedentary lifestyle, irregular diet, and high consumption of alcohol will further add to the growing popularity of the orthopedic devices. • Taking into consideration the regional trends, UK orthopedic devices industry, which contributed more than 15% of Europe industry revenue in 2016, will exhibit an appreciable surge over the next few years. • U.S. Orthopedic devices market, which was estimated at USD 20 billion in 2016, is forecast to exceed USD 25 billion by 2024.

  3. Continued... • Mexico orthopedic devices industry, worth USD 300 million in 2016, is projected to expand remarkably over the next few years subject to escalating rate of road accidents and increase in the number of the bone disorders. • Orthopedic devices industry in China is forecast to grow significantly at a CAGR of 12% over 2017-2024, driven by swift economic development and high patient consciousness about novel orthopedic services. • Arthroscopic devices, Joint Reconstruction, Orthobiologics, Trauma Fixation Devices, and Spinal Devices are few of the major orthopedic devices • Orthopedic devices market revenue from orthobiologics is predicted to surpass USD 4 billion by 2024, driven by its immense usage as substitutes and bone grafts. • Stryker Corporation, Medtronic, Zimmer Biomet, Smith & Nephew Plc, MicroPort Scientific Corporation, NuVasive Incorporation, DJO Global, ConforMIS, The DePuy Synthes Companies, Globus Medical, and The Medacta Group are the major participants of orthopedic devices industry.

  4. Europe Orthopedic Devices Market Size, By Product, 2013-2024 (USD Million)

  5. Table of Content: Chapter 1. Methodology 1.1 Methodology 1.1.1 Initial data exploration 1.1.2 Statistical model and forecast 1.1.3 Industry insights and validation 1.1.4 Market definition and forecast parameters 1.2 Data Sources 1.2.1 Primary 1.2.2 Secondary Chapter 2. Executive Summary 2.1 Orthopedic Devices industry 3600 synopsis, 2013 - 2024 2.1.1 Business trends 2.1.2 Product trends 2.1.3 Regional trends

  6. Table of Content: Chapter 3. Orthopedic Devices Industry Insights 3.1 Industry segmentation 3.2 Industry size & forecast, 2013 - 2024 3.3 Industry ecosystem analysis 3.3.1 Distribution channel analysis 3.4 Industry impact forces 3.4.1 Growth Drivers 3.4.1.1 Growing geriatric population base 3.4.1.2 Rising incidence of orthopedic diseases 3.4.1.3 Technological advances and product innovation 3.4.1.4 Soaring orthopedic surgery rates in developed regions 3.4.2 Industry pitfalls & challenges 3.4.2.1 Product recalls 3.4.2.2 High orthopedic devices cost 3.4.2.3 Prohibitive cost of orthopedic surgeries 3.4.2.4 Stringent FDA regulation and biocompatibility issues 3.4.2.5 Post-surgery complications

  7. Table of Content: 3.5 Growth potential analysis 3.5.1 By Product 3.6 Epidemiology analysis 3.6.1 U. S 3.6.2 Europe 3.7 Regulatory landscape 3.7.1 U.S. 3.7.2 Europe 3.8 Reimbursement scenario 3.8.1 U. S 3.8.2 Europe 3.9 Porter's analysis 3.10 PESTEL analysis 3.11 Company market share analysis, 2016 3.11.1. Business overview 3.11.2. Revenue analysis 3.11.3. Product landscape 3.11.4. Strategy dashboard

  8. Browse Full Market Research Report On Orthopedic Devices Market @ http://bit.ly/2z7LRaA Request for a Sample of this Research Report @ https://www.gminsights.com/request-sample/detail/1501

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