Press Release

Orthopedic Implants Market: Global Industry Analysis by Top Manufacturers with Size, Share, Segments, Drivers and Challenges

The global orthopedic implants market size is set to touch USD 64.0 billion by 2026, exhibiting a modest CAGR of 4.1% during the forecast period. Unprecedented rise in geriatric population across the globe to be the key growth driver of this market. According to the United States Census Bureau (USCB), the proportion of aged people to the total world population is steadily climbing. For example, in 2012, world population had reached 7 billion and the people aged 65 and above were 8% of this number or 562 million. In 2015, the number rose by 55 million, with the percentage increasing to 8.5% of the total population in a span of 3 years. The USCB predicts that between 2025 and 2050, this geriatric population will double to reach 1.6 billion, whilst the total population will grow only by 34%. This, the USCB states, is attributable to the reduction in fertility rates around the world and lengthening lifespans due to advancements in medical technologies. This is expected to substantially broaden the base of the market, especially the joint reconstruction segment, as per the orthopedic implants market trends.

Some of the key players in this market include:

  • BioTek Instruments, Inc.
  • Zimmer Biomet
  • Integra LifeSciences Corporation
  • DePuy Synthes Companies (Johnson & Johnson Services, Inc.)
  • ArthroCare Corporation
  • Medtronic
  • CONMED Corporation
  • Smith & Nephew

Segmentation

By Product

  • Joint Reconstruction
  • Knee
  • Hip
  • Extremities
  • Spinal Implants
  • Spinal Fusion Devices
  • Spinal Non-fusion Devices
  • Trauma Implants
  • Dental Implants
  • Endosteal Implants
  • Superperiosteal Implants
  • Transosteal Implants
  • Orthobiologics
  • Others

By End-user

  • Hospitals
  • Orthopedic Clinics
  • Ambulatory Surgical Centers
  • Others

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

KEY QUESTIONS ANSWERED:

What is the market size and growth rate of the global and regional market by various segments?

What is the market size and growth rate of the market for selective countries?

Which region or sub-segment is expected to drive the market in the forecast period?

What Factors are estimated to drive and restrain the market growth?

What are the key technological and market trends shaping the market?

What are the key opportunities in the market?

What are the key companies operating in the market?

Which company accounted for the highest market share?

Why Choose Fortune Business Insights?

 

More Trending Topics From Fortune Business [email protected]

Advanced Wound Dressings Market Size, Growth 2020 Global Analysis By Share, Value, Merger, Business Insights, Trends, Statistics, Leading Players, Competitive Landscape And Regional Forecast To 2025 | Advanced Wound Dressings Industry Report

Immunodiagnostics Market Size, Growth 2020 Global Analysis By Share, Trends, Value, Merger, Growth, Leading Players, Business Insights, Statistics, Competitive Landscape And Regional Forecast To 2026 | Immunodiagnostics Industry Report

Knee Cartilage Repair Market 2020 | Size Overview by Key Players Share, Growth Hacking, Industry Trends and Market Analysis to 2026

Show More

Betti Stone

Hi, let me cordially welcome you to medical market news. I am Bettie, the chief editor of the website. I have gathered years of experiencing in this website and not only experience but also memories. I have to manage the dynamic editorial team and oversee all strategy and content initiatives. Though I love my job a lot sometimes, I even enjoy the fresh air outside and hence take a walk during a break and re-energise myself.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Close