Orthopedic Devices Market Statistics - Top Impacting Factors That Can Win the Industry Worldwide
Orthopedic Devices Market, By Product (Hip Orthopedic Devices, Knee Orthopedic Devices, Spine Orthopedic Devices, Craniomaxillofacial Orthopedic Devices, Dental Orthopedic Devices, Sports Injuries, Extremities, Trauma Orthopedic Devices), EndUsers (Hospitals, Ambulatory Centers, Home Care Settings, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2027
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Report Description Orthopedic devices market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses the market to growing at a CAGR of 3% in the above-mentioned forecast period. Expanding population with orthopedic disorder cases due to trauma, or sports injuries whereas increasing geriatric population has given rise to cases of orthopedic disorder. Moreover rising need for need for minimally invasive treatment will propel demand for market. However high cost of treatment and strict regulatory policies on procedures are restraining factor for market whereas it is expected significant decline in growth rate due to outbreak of pandemic COVID-19 and postponement of orthopedic surgeries as only emergency medical services are provided in healthcare institutes which created huge impact on orthopedic surgeries and devices industry which will be challenging factor to overcome in coming years
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Major Key Players Some of the major players operating in this market are : • • • • • • • • • •
Johnson & Johnson Services Inc Zimmer Biomet Wright Medical Group N.V. Stryker, Smith & Nephew plc Ossur, Nuvasive, Inc Lifesciences, Inc. Globus Medical Exactech, Inc DJO Global, Inc CONMED Corporation Inquire Before Buying : 3 https://www.databridgemarketresearch.com/inquire-before-buying/? dbmr=global-orthopedic-devices-market
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Market Segmentation • By Product (Hip Orthopedic Devices, Knee Orthopedic Devices, Spine Orthopedic Devices, Craniomaxillofacial Orthopedic Devices, Dental Orthopedic Devices, Sports Injuries, Extremities, Trauma Orthopedic Devices) • By End-Users (Hospitals, Ambulatory Centers, Home Care Settings, Others)
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Regional Analysis Based on geography, the market is segmented into five geographical regions
North America
Europe
Asia-Pacific
South America
Middle East
Africa
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