Aug 16, 2018   SOURCE: PR NewsWire

Orthopedic Devices Market Size, Share & Trends Analysis Report 2018 - High Adoption of Minimally Invasive Treatments

DUBLIN, Aug 16, 2018 /PRNewswire/ --

The "Orthopedic Devices Market Size, Share & Trends Analysis Report By Application (Hip, Knee, Spine, Dental, Craniomaxillofacial, Sports Injuries, Extremities, and Trauma), By Product, And Segment Forecasts, 2018 - 2024" report has been added to ResearchAndMarkets.com's offering.

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The global orthopedic devices market size is expected to reach USD 43.1 billion by 2024

It is anticipated to expand at a CAGR of 4.4% over the forecast period. Major market drivers include rising demand for orthopedic surgeries owing to rise in road accidents and high prevalence of orthopedic ailments.

Growth in geriatric population prone to orthopedic conditions is primarily pushing demand for orthopedic solutions globally. Effects of aging, such as diminishing bone density and weakening bones due to excessive loss of bone mass, make their presence felt from 35 years of age and become more prominent after 55 years.

High adoption of minimally invasive surgeries and increasing number of sport-related injuries and road accidents are expected to fuel demand for orthopedic devices during the forecast period. Arthroscopy, minimally invasive total joint replacement, and spine surgeries are some of the newly adopted minimally invasive surgeries driving the market. On the down side, stringent regulatory approval procedures are key factors restraining market growth. In addition, high cost of these devices and surgical procedures threaten the growth of the market.


Further key findings from the study suggest:

    --  The knee surgery segment captured the largest revenue share in 2016
        accredited to rising knee surgeries, ranging from common knee injuries
        to total knee replacements
    --  The hip surgery segment captured second largest revenue share in 2016,
        fueled by availability of a wide range of treatment products
    --  North America is expected to maintain its dominance throughout the
        forecast period. Presence of a large number of major players and high
        adoption of advanced technologies are regional growth drivers
    --  Asia Pacific is expected to exhibit a lucrative CAGR during the forecast
        period. Presence of untapped opportunities, coupled with supportive
        government regulations, is expected to attract global players

Key Topics Covered:

Chapter 1 Executive Summary

Chapter 2 Market Snapshot

Chapter 3 Market Variables, Trends& Scope
3.1 Market segmentation& scope
3.1.1 Market Driver Analysis
3.1.1.1 High adoption of the minimally invasive treatments
3.1.1.2 High demand in the sports
3.1.2 Market Restraints Analysis
3.1.2.1 Stringent regulatory framework
3.1.2.2 Product defects
3.2 Penetration & growth prospect mapping
3.3 Orthopedic Devices - SWOT Analysis, By Factor (political & legal, economic and technological)
3.4 Industry Analysis - Porter's

Chapter 4 Orthopedic Devices: Application Estimates & Trend Analysis
4.1 Orthopedic Devices Market: Application movement analysis
4.2 Hip Orthopedic Devices
4.3 Knee Orthopedic Devices
4.4 Spine Orthopedic Devices
4.5 Craniomaxillofacial Orthopedic devices
4.6 Dental Orthopedic devices
4.7 Surgical, Sports Medical Extremities and Trauma (SET) Orthopedic Devices Orthopedic devices

Chapter 5 Orthopedic Devices: Product Estimates & Trend Analysis
5.1 Orthopedic devices: Application movement analysis
5.2 Accessories
5.2.1 Accessories market estimates and forecasts, 2014 - 2024 (USD Million)
5.2.2 Braces
5.2.3 Consumables
5.2.4 Others
5.3 Surgical Devices
5.3.2 Drill Guide
5.3.3 Guide Tubes
5.3.4 Implant Holders
5.3.5 Custom Clamps
5.3.6 Distracters
5.3.7 Screw Drivers
5.3.8 Others

Chapter 6 Orthopedic Devices: Regional Estimates & Trend Analysis, by Product & Application

Chapter 7 Competitive Landscape

    --  Medtronic PLC
    --  Stryker Corporation
    --  Zimmer Biomet Holdings PLC
    --  DePuy Synthes
    --  Smith and Nephew PLC
    --  Aesculap Implant Systems, LLC
    --  Conmed Corporation
    --  Donjoy, Inc.
    --  NuVasive, Inc.

For more information about this report visit https://www.researchandmarkets.com/research/7dc7sg/orthopedic?w=5

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