DUBLIN, January 20, 2021 / PRNewswire / – Added Report “Global Orthopedic Devices Market – Forecast To 2027” ResearchAndMarkets.com’s offering.
The global orthopedic appliances market is expected to reach $ 53,607.2 million by 2027 growing at a one-digit high CAGR.
Over the decade, the technological advances with emerging and innovative technologies used under such minimally invasive conditions have led to the rapid development of orthopedic appliances. As a result of rapid advances, there is a significant expansion in the potential therapeutic application for muscle injuries, deformities and diseases.
The market is largely driven by the increase in the frequency and frequency of muscle diseases such as osteoarthritis, osteoporosis, degenerative spinal diseases, spondylitis, low back pain, herniated discs, and injuries due to trauma and sports activity , an increase in the aging population, technological advancement, construction and factors such as product recall, problems with fitted machines, lack of skilled and trained professionals to perform surgery small aggression, high cost of implant, surgery and also strict management policies for product approval due to classification of orthopedic devices as class II and III devices hinder the growth of the market.
Among results, the spine segment was the largest segment in 2020 due to technological advances in implants, type of surgery and an increase in the age population along with an increase in the number of trauma and sports injuries. The peripheral region was expected to be the fastest growing region and was expected to grow at a high CAGR of high-figure CAGR from 2020 to 2027 due to an increase in road traffic crash along with sports injuries and an increase in the the geriatric population.
The edges by product type are separated into upper and lower edges. Among the highest margins, the highest margins accounted for the highest income in 2020 and the lowest segment is the fastest growing segment. growth and is expected to grow at a high-figure CAGR from 2020 to 2027 as the lowest margins of leg, arm and ankle. more prone to injury and breakage as a result of trauma and sports activity.
The upper extremities are separated further into the shoulder and other upper extremities. Below the upper margins, the shoulder sector accounted for the largest share of global top-end machinery revenue in 2020 and is expected to grow e at a double-digit CAGR of 2020 to 2027 as a result of increased frequency of shoulder movement and associated pain. of an increase in the incidence of muscle diseases, occupational injuries, sports and trauma.
The spine segment by product type is divided into fusion and non-fusion devices. Among the spine machine market, the fusion machine contributed the largest revenue share in 2020 and the non-fusion machine sector is expected to grow at a double-digit CAGR from 2020 to 2027. As a result of rise and better efficiency of spine. stabilizing and maintaining spinal movements with non-fusion devices compared to the fusion devices.
Later fusion devices market is divided into cervical devices, thoracolumbar devices and intervertebral devices. Among the fusion devices, thoracolumbar devices accounted for the largest revenue in 2020 and the interface devices at single-digit CAGR are expected to grow high from 2020 to 2027 as a result rapidly adopted intervertebral arthrodesis and higher efficacy in reconstructive stability.
The non-fusion section is further categorized into artificial disc, dynamic stability devices, and annulus repair devices. Among non-fusion devices, the dynamic setup machine accounted for the largest revenue in 2020 and the artificial disk segment is expected to grow at a double-digit CAGR from 2020 to 2027 as the disks implants help replace degenerated discs, maintain mobility and are the preferred implant to overcome a herniated disc and low back pain.
The orthobiologics division is further divided into synthetic graft, demineralized bone matrix, machined bone allograft, and others. Among orthobiologics, mechanized bone imaging contributed the highest yields in 2020 and the decentralized bone matrix at one-digit median CAGR is expected to grow from 2020 to 2027 due to osteoconductive properties and osteoinductivity better compared to other grafts.
The global orthopedic market by type of surgery is divided into open, minimally invasive and robotically supported surgery. Among the type of surgery, the open surgeries accounted for the highest income in 2020 and the robot-assisted surgery is expected to grow at a high teenage CAGR from 2020 to 2027 as a result technological advances in robotics-assisted surgery, favorable resuscitation conditions for robotic-assisted surgeries and accurate and correct implant placement with minimal damage to the bones and other bones.
Key topics covered:
1 Executive Minutes
2 Introduction
3 Market Analysis
3.1 Introduction
3.2 Market definition
3.3 Factors influencing the market
3.3.1 Drivers and Opportunities
3.3.1.1 With high incidence and frequency of orthopedic disorders and an increase in the aging population
3.3.1.2 Increase in Accidents and Sports Injuries
3.3.1.3 Growing demand for minimally invasive surgery
3.3.1.4 Technological Advances
3.3.1.5 Acquisition and Collaboration as part of the Growth Strategy
3.3.2 Barriers and Risks
3.3.2.1 Recall of Goods as a result of manufacturing errors
3.3.2.2 Lack of a Skilled Orthopedic Physician
3.3.2.3 Incidents and complications with orthopedic appliances
3.3.2.4 High cost of orthopedic implants and surgery
3.3.2.5 Strict Management Policies
3.4 Regulatory Issues
3.4.1 International Organization for Standardization
3.4.1.1 Iso 9001: 2015 Quality Management System
3.4.1.2 Medical Devices Iso 13485
3.4.1.3 Iso / Ts 16782: 2016 Clinical Laboratory Test
3.4.1.4 Iso 10993 Biological Assessment of Medical Devices
3.4.2 The SA
3.4.3 Canada
3.4.4 Europe
3.4.5 Japan
3.4.6 China
3.4.7 India
3.5 Technological Advances
3.5.1 Introduction
3.5.2 3D Printing and Development of Patient Specific Devices
3.5.3 Incredible Materials and Coats
3.5.4 Smart tools
3.5.5 evolution in robotic-assisted surgery with reduced fractures and reduced postoperative care
3.6 Implant Materials and Coatings
3.6.1 Metals
3.6.2 Ceramics and Bioglass
3.6.3 Polymer
3.7 Porter Force Five Review
3.8 Supply chain analysis
3.9 repayment position
3.10 patent position
3.11 Funding Position
3.12 Market segment analysis with key players
3.13 Orthopedic Devices Number of procedures by area
3.14 Orthopedic Devices Company Comparison Table by Income, Product, Material and Demand
4 Global Orthopedic Appliances Market, by Product
4.1 Introduction
4.2 Knee
4.3 Hip
4.4 Boundaries
4.4.1 Upper Boundaries
4.4.1.1 Shoulder
4.4.1.2 Other Upper Boundaries
4.4.2 Minimum limits
4.5 Spine
4.5.1 Fusion Machines
4.5.1.1 Cervical tools
4.5.1.2 Thoracolumbar Instruments
4.5.1.3 Interface tools
4.5.2 Non-smelting
4.5.2.1 Artificial discs
4.5.2.2 Dynamic Stable Engines
4.5.2.3 Annulus repair tools
4.6 Craniomaxillofacial
4.7 Trauma
4.8 Sports Medicine
4.9 Orthobiologics
4.9.1 Synthetics
4.9.2 Decentralized bone matrix
4.9.3 Machined Bone Machine
4.9.4 Other Orthobiologics
5 Global Orthopedic Market, by type of surgery
5.1 Introduction
5.2 Open Surgery
5.3 Aggressive small surgery
5.4 Robotic-assisted surgery
6 Global Orthopedic Devices Market, with end users
6.1 Introduction
6.2 Hospitals
6.3 Surgery Centers
6.4 Orthopedic Clinics
7 Regional Analysis
7.1 Introduction
8 Competitive Landscape
8.1 Introduction
8.2 Product launch
8.3 Product Agreement
8.4 Construction
8.5 Agreements
8.6 Other developments
9 Major companies
9.1 Arthrex Inc.
9.1.1 Preview
9.1.2 Finance
9.1.3 Product Package
9.1.4 Key Developments
9.1.5 Business Strategy
9.1.6 SWOT analysis
9.2 B.. Braun Melsungen AG
9.3 Colfax Corporation (Djo, LLC)
9.4 Globus Medical, Inc.
9.5 Johnson & Johnson (Depuy Synthes)
9.6 Medtronic public limited company
9.7 Nuvasive Inc.
9.8 Smith & Nephew plc
9.9 Stryker Corporation
9.10 Zimmer Biomet Holdings, Inc.
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