At 3.2% CAGR, Orthopedic Devices Market Size is Expected to Exhibit 9 billion USD by 2028

By Ashwin Naphade  | Date: November 01, 2022

At 3.2% CAGR, Orthopedic Devices Market Size is Expected to Exhibit 9 billion USD by 2028

Market Study Report adds new research on Orthopedic Devices market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Orthopedic Devices market also includes an in-depth study of the industrys competitive scenario.

According to market research study published, the market size of the global orthopedic devices sector is expected to rise by USD 9 billion with a CAGR of 3.2% by the end of 2028. This industry report offers market estimates of the global market, followed by a detailed analysis of the application, end user, and region.

The global market data on orthopedic devices can be segmented by application: arthroscopy, cranio maxillofacial fixation (CMF), joint reconstruction, orthobiologics, orthopedic bone cement and casting materials, orthopedic braces and supports, orthopedic power tools and consumables, spinal surgery, trauma fixation, others.

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Orthopedic devices market is further segmented by end user: hospitals, specialty clinics, others. The hospitals segment was the largest contributor to the global orthopedic devices market in 2021. Based on region, the orthopedic devices market is segmented into: North America, Asia Pacific, Europe, Rest of the World (ROW).

The joint reconstruction market is further segmented into digits replacement, elbow replacement, hip reconstruction, knee reconstruction, others. Among these, the knee reconstruction segment was accounted for the highest revenue generator in 2021.

The global orthopedic devices market is highly competitive. The report also includes the profiles of leading companies such as 3M Company, Arthrex GmbH, Bloomage Biotechnology Corporation Limited, CONMED Corporation, DePuy Synthes Companies (Johnson & Johnson), DJO Global Inc., Globus Medical Inc, Medtronic plc, NuVasive Inc., Smith & Nephew plc, Stryker Corporation, Weigao Holding Company Limited, Wright Medical Group N.V., Zimmer Biomet Holdings Inc.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

Why buy this report?

- Get a detailed picture of the Global Orthopedic Devices Market

- Identify segments/areas to invest in over the forecast period in the Global Orthopedic Devices Market

- Understand the competitive environment, the market's leading players

- The market estimate for ease of analysis across scenarios in Excel format.

- Strategy consulting and research support for three months.

- Print authentication provided for the single-user license.

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About Author

Ashwin Naphade     ibmag.com

Ashwin Naphade

Ashwin is into digital marketing since the last 2 years and has worked on multiple projects across various industries. He likes posting information and knowledge on multiple topics with an objective to create online visibility as well as share his inputs. His interest...

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