The global orthopedic devices market in terms of revenue is set to grow by US$ 8 billion during 2021-2027, growing at a compound annual growth rate (CAGR) of 3.2% during the forecast period, according to data and analytics company StrategyHelix. Growth in the geriatric population, increasing prevalence of orthopedic diseases, rise in disposable income, growing health awareness and the expansion of healthcare coverage are the key factors driving market growth.
The report provides up-to-date market size data for period 2017-2020 and forecast to 2027 covering key market aspects like sales value for orthopedic devices. The global orthopedic devices market is segmented on the basis of application, end user, region. By application, it is categorized into arthroscopy, hip reconstruction, knee reconstruction, orthopedic prosthetics, orthotic devices, spinal surgery, trauma fixation, and others. By end user, the orthopedic devices market is divided into hospitals, clinics & LTC, and others. The hospitals segment accounted for the largest market share in 2020. Based on region, the orthopedic devices market is divided into North America, Asia Pacific, Europe, and Rest of the World (ROW).
The report has profiled some of the key players of the market such as Arthrex GmbH, DePuy Synthes Companies (Johnson & Johnson), DJO Global Inc., Globus Medical Inc, Medtronic plc, NuVasive Inc., Smith & Nephew plc, Stryker Corporation, Wright Medical Group N.V., Zimmer Biomet Holdings Inc.
The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the orthopedic devices market to help drive informed decision making for industry executives, policy makers, academic, and analysts.
Application: arthroscopy, hip reconstruction, knee reconstruction, orthopedic prosthetics, orthotic devices, spinal surgery, trauma fixation, and others
End user: hospitals, clinics & LTC, and others
Region: North America, Asia Pacific, Europe, and Rest of the World (ROW)
Years Considered: this report covers the period 2017 to 2027
Key Benefits for Stakeholders
Get a comprehensive picture of the global orthopedic devices market
Pinpoint growth sectors and trends for investment
Understand what the future of the global orthopedic devices market looks like
Identify the competitive landscape and window of opportunity
For more information please contact:
Phone Number: 852 8193 0779