Market Overview:
The global orthopedic procedures market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of musculoskeletal disorders, rising geriatric population, and technological advancements in orthopedic implants and surgical procedures. The global orthopedic implants market is segmented on the basis of type into hip implants, knee implants, spine implants, and dental implants. The knee implant segment is expected to grow at the highest CAGR during the forecast period owing to increasing prevalence of osteoarthritis and other joint diseases. On the basis of application, the global orthopedic procedures market is segmented into hip replacement surgery, knee replacement surgery, spine surgery, dental surgery (including implant placement), and other applications (including sports injuries). The hip replacement surgery segment accounted for majority share of the global orthopedic procedures market in 2017 owing to high incidence rate of arthritis-related problems in hips among geriatric population.
Product Definition:
Otoscopic Procedures are medical procedures that use an otoscope to examine the ear. Otoscopic Procedures are used to diagnose and treat conditions of the ear, including infections, blockages, and tumors.
Orthopedic Implants:
Orthopedic implants are medical devices used in orthopedic procedures. They are designed to assist the musculoskeletal system and provide stability and support to damaged bones, joints or other body parts. Implants can be classified into two types: internal and external.
Orthopedic Orthotics:
Orthopedic orthotics and it's usage in osteoporosis, arthritis, hip degenerative joint disease is projected to witness lucrative growth over the forecast period. Increasing geriatric population base coupled with rising incidences of obesity are expected to drive the market for orthopedic orthotics and it's usage in osteoporosis, rheumatoid arthritis etc. Orthopedic ortopics are designed specifically for patients who have suffered from bone fractures or injuries.
Application Insights:
The knee orthopedic procedures segment dominated the global osteoarthritis market in 2017. The segment is expected to witness a CAGR of XX% over the forecast period owing to an increase in sports-related injuries and prevalence of arthritis among older population worldwide. Moreover, rising awareness about treatment options for knee osteoarthritis is anticipated to boost demand over the coming years.
Knee implants are used as a solution for severe osteoarthritis pain caused by wear & tear or structural damage of the joint. These implants are considered as one of the most effective solutions available for treating this condition due to their ability to restore normal movement & function while reducing pain & disability caused by total knee arthroplasty or revision surgery after Total Knee Arthroplasty (TKA).
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of orthopedic surgeons, advanced healthcare infrastructure, and high patient awareness levels coupled with relatively higher healthcare expenditure levels in this region as compared to other regions. Moreover, growing prevalence of osteoarthritis and other joint-related conditions is expected to drive regional growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth during the forecast period owing to improving healthcare facilities for orthopedic procedures along with increasing investments by private companies for developing novel products that can help improve treatment outcomes and reduce overall hospital stays among patients suffering from bone degenerative disorders such as osteoporosis or arthritis. In addition, rising disposable income levels will also have a positive impact on regional market development during the estimated time span.
Growth Factors:
- Increasing incidence of osteoarthritis and other musculoskeletal disorders: The increasing incidence of osteoarthritis and other musculoskeletal disorders is one of the key growth drivers for the orthopedic procedures market. According to a study by the Centers for Disease Control and Prevention (CDC), arthritis affected about 52 million adults in the U.S. in 2010, which was approximately 21% of the population. This number is expected to increase significantly in coming years due to rising obesity rates and aging population.
- Growing demand for minimally invasive procedures: The growing demand for minimally invasive procedures is another major growth driver for the orthopedic procedures market. Minimally invasive surgeries are less traumatic than traditional open surgeries, resulting in shorter hospital stays, faster recoveries, and fewer post-operative complications. In addition, they are also more cost-effective than traditional surgery techniques.
Scope Of The Report
Report Attributes
Report Details
Report Title
Otrhopedic Procedures Market Research Report
By Type
Orthopedic Implants, Orthopedic Orthotics
By Application
Hip, Knee, Spine, Dental, Others
By Companies
NuVasive, Medtronic, Zimmer-Biomet Holdings, DePuy Synthes Companies, Stryker Corporation, Aesculap Implant Systems, Donjoy, Conmed Corporation
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
140
Number of Tables & Figures
98
Customization Available
Yes, the report can be customized as per your need.
Global Otrhopedic Procedures Market Report Segments:
The global Otrhopedic Procedures market is segmented on the basis of:
Types
Orthopedic Implants, Orthopedic Orthotics
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hip, Knee, Spine, Dental, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- NuVasive
- Medtronic
- Zimmer-Biomet Holdings
- DePuy Synthes Companies
- Stryker Corporation
- Aesculap Implant Systems
- Donjoy
- Conmed Corporation
Highlights of The Otrhopedic Procedures Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Orthopedic Implants
- Orthopedic Orthotics
- By Application:
- Hip
- Knee
- Spine
- Dental
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Otrhopedic Procedures Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Otrhopedic procedures are surgeries that involve the removal of bone and cartilage from an area of the body. Otrhopedic procedures can be used to treat a variety of conditions, including: -Arthritis -Joint pain -Tendonitis
Some of the major players in the otrhopedic procedures market are NuVasive, Medtronic, Zimmer-Biomet Holdings, DePuy Synthes Companies, Stryker Corporation, Aesculap Implant Systems, Donjoy, Conmed Corporation.
The otrhopedic procedures market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Otrhopedic Procedures Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Otrhopedic Procedures Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Otrhopedic Procedures Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Otrhopedic Procedures Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Otrhopedic Procedures Market Size & Forecast, 2020-2028
4.5.1 Otrhopedic Procedures Market Size and Y-o-Y Growth
4.5.2 Otrhopedic Procedures Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Orthopedic Implants
5.2.2 Orthopedic Orthotics
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hip
6.2.2 Knee
6.2.3 Spine
6.2.4 Dental
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Otrhopedic Procedures Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Otrhopedic Procedures Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Orthopedic Implants
9.6.2 Orthopedic Orthotics
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hip
9.10.2 Knee
9.10.3 Spine
9.10.4 Dental
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Orthopedic Implants
10.6.2 Orthopedic Orthotics
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hip
10.10.2 Knee
10.10.3 Spine
10.10.4 Dental
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Orthopedic Implants
11.6.2 Orthopedic Orthotics
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hip
11.10.2 Knee
11.10.3 Spine
11.10.4 Dental
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Orthopedic Implants
12.6.2 Orthopedic Orthotics
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hip
12.10.2 Knee
12.10.3 Spine
12.10.4 Dental
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Orthopedic Implants
13.6.2 Orthopedic Orthotics
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hip
13.10.2 Knee
13.10.3 Spine
13.10.4 Dental
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Otrhopedic Procedures Market: Competitive Dashboard
14.2 Global Otrhopedic Procedures Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 NuVasive
14.3.2 Medtronic
14.3.3 Zimmer-Biomet Holdings
14.3.4 DePuy Synthes Companies
14.3.5 Stryker Corporation
14.3.6 Aesculap Implant Systems
14.3.7 Donjoy
14.3.8 Conmed Corporation
