Market Overview:
The global orthopaedic devices market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of musculoskeletal disorders, rising geriatric population, and technological advancements in orthopaedic devices. The global orthopaedic devices market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into drill guide, guide tubes, implant holder, custom clamps,, distracters screw drivers,, and others. On the basis of application,.the market is segmented into hip,, knee,, spine dental craniomaxillofacial extremities,, and other applications. By region,.the global orthopaedic devicesmarketis dividedinto North America Latin America Europe Asia Pacific Middle East & Africa (MEA). Some key players operating in thismarket are Zimmer Biomet Holdings Inc., Stryker Corporation Johnson & Johnson DePuy Synthes Companies LLC., Smith & Nephew plc., Medtronic plc., Becton Dickinson and Company (BD), ConMed Corporation Arthrex Inc.
Product Definition:
An orthopaedic device is any medical equipment that is used to treat musculoskeletal injuries or conditions. This includes everything from braces and splints to surgery implants and prostheses. Orthopaedic devices are important because they can help patients recover from injuries more quickly, reduce pain, and improve mobility.
Drill Guide:
Orthopaedic devices are used to treat and/or correct deformities or conditions in the body. They are used by doctors, sports trainers, therapists and other healthcare professionals for therapeutic purposes. The orthopaedic devices market is expected to grow at a lucrative rate over the forecast period owing to factors such as increasing geriatric population base coupled with rising incidences of bone diseases & fractures caused due to accidents or trauma.
Guide Tubes:
The global guide tubes market is expected to witness significant growth over the forecast period. The orthopaedic devices are designed in such a way that they help surgeons during surgery by providing them with clear visualization of the target organ or tissue. Orthopaedic surgeries are performed on patients suffering from degenerative bone disease, fractures, and injuries caused by accidents and falls.
Application Insights:
The knee orthopedic devices segment dominated the global 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 growing geriatric population with joint pain & mobility issues, which may require surgical intervention. Moreover, rising awareness about various benefits associated with total hip replacement surgery such as improved quality of life and better mobility are anticipated to boost demand for these devices globally during the forecast period.
The hip orthopedic devices segment held approximately 48% share of the overall revenue in 2017 due to factors such as aging population prone with joint disorders & bone diseases, increasing cases of trauma resulting from road accidents and rising awareness about various benefits associated with total hip replacement surgery such as improved quality of life and better mobility are some others contributing factors responsible for its dominance over other application segments globally during recent years.
Regional Analysis:
North America dominated the global market in 2017. This can be attributed to the presence of a large number of orthopedic device manufacturers and well-established healthcare infrastructure. Moreover, rising prevalence of osteoarthritis and other joint diseases is expected to drive regional growth during the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to improving healthcare facilities, increasing awareness about advanced products, availability of superior quality implants at affordable prices, and supportive government initiatives for R&D activities pertaining orthopedics devices & implants. Rising incidence rate of osteoporosis coupled with growing geriatric population in this region will further boost demand for these devices during the estimated time span.
Growth Factors:
- Increasing incidence of orthopaedic diseases and disorders: The global prevalence of orthopaedic diseases and disorders is increasing at a rapid pace. This is primarily attributed to the changing lifestyles, growing aging population, and increasing obesity rates. All these factors are collectively contributing to the rising demand for orthopaedic devices globally.
- Technological advancements in orthopaedic devices: The technological advancements in the field of orthopaedics are resulting in the development of innovative and advanced devices that are helping surgeons treat various musculoskeletal conditions more effectively. This is driving the growth of the global Orthopaedic Devices market significantly.
- Growing demand for minimally invasive surgeries: There has been a growing demand for minimally invasive surgeries across the globe due to their numerous benefits over traditional open surgeries such as shorter hospital stays, reduced pain, faster recovery times, etc. This is fuellingthe growth ofthe Orthopaedic Devices market as mostorthopaedictdevicesare used during minimally invasive surgeries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Orthopaedic Devices Market Research Report
By Type
Drill Guide, Guide Tubes, Implant Holder, Custom Clamps, Distracters, Screw Drivers, Others
By Application
Hip, Knee, Spine, Dental, Craniomaxillofacial, Extremities, Other
By Companies
NuVasive, Inc., Medtronic PLC, Zimmer-Biomet Holdings, DePuy Synthes Companies, Stryker Corporation, Aesculap Implant Systems, Inc., Donjoy, Inc., 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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Orthopaedic Devices Market Report Segments:
The global Orthopaedic Devices market is segmented on the basis of:
Types
Drill Guide, Guide Tubes, Implant Holder, Custom Clamps, Distracters, Screw Drivers, Others
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, Craniomaxillofacial, Extremities, Other
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, Inc.
- Medtronic PLC
- Zimmer-Biomet Holdings
- DePuy Synthes Companies
- Stryker Corporation
- Aesculap Implant Systems, Inc.
- Donjoy, Inc.
- Conmed Corporation
Highlights of The Orthopaedic Devices 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:
- Drill Guide
- Guide Tubes
- Implant Holder
- Custom Clamps
- Distracters
- Screw Drivers
- Others
- By Application:
- Hip
- Knee
- Spine
- Dental
- Craniomaxillofacial
- Extremities
- Other
- 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 Orthopaedic Devices 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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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?
Orthopaedic devices are medical devices used to help restore or maintain the function of the body's joints. These devices can be used to treat a variety of conditions, including arthritis, sports injuries, and chronic pain.
Some of the key players operating in the orthopaedic devices market are NuVasive, Inc., Medtronic PLC, Zimmer-Biomet Holdings, DePuy Synthes Companies, Stryker Corporation, Aesculap Implant Systems, Inc., Donjoy, Inc., Conmed Corporation.
The orthopaedic devices market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Orthopaedic Devices Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Orthopaedic Devices Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Orthopaedic Devices Market - Supply Chain
4.5. Global Orthopaedic Devices Market Forecast
4.5.1. Orthopaedic Devices Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Orthopaedic Devices Market Size (000 Units) and Y-o-Y Growth
4.5.3. Orthopaedic Devices Market Absolute $ Opportunity
5. Global Orthopaedic Devices Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Orthopaedic Devices Market Size and Volume Forecast by Type
5.3.1. Drill Guide
5.3.2. Guide Tubes
5.3.3. Implant Holder
5.3.4. Custom Clamps
5.3.5. Distracters
5.3.6. Screw Drivers
5.3.7. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Orthopaedic Devices Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Orthopaedic Devices Market Size and Volume Forecast by Application
6.3.1. Hip
6.3.2. Knee
6.3.3. Spine
6.3.4. Dental
6.3.5. Craniomaxillofacial
6.3.6. Extremities
6.3.7. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Orthopaedic Devices Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Orthopaedic Devices Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Orthopaedic Devices Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Orthopaedic Devices Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Orthopaedic Devices Demand Share Forecast, 2019-2026
9. North America Orthopaedic Devices Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Orthopaedic Devices Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Orthopaedic Devices Market Size and Volume Forecast by Application
9.4.1. Hip
9.4.2. Knee
9.4.3. Spine
9.4.4. Dental
9.4.5. Craniomaxillofacial
9.4.6. Extremities
9.4.7. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Orthopaedic Devices Market Size and Volume Forecast by Type
9.7.1. Drill Guide
9.7.2. Guide Tubes
9.7.3. Implant Holder
9.7.4. Custom Clamps
9.7.5. Distracters
9.7.6. Screw Drivers
9.7.7. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Orthopaedic Devices Demand Share Forecast, 2019-2026
10. Latin America Orthopaedic Devices Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Orthopaedic Devices Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Orthopaedic Devices Market Size and Volume Forecast by Application
10.4.1. Hip
10.4.2. Knee
10.4.3. Spine
10.4.4. Dental
10.4.5. Craniomaxillofacial
10.4.6. Extremities
10.4.7. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Orthopaedic Devices Market Size and Volume Forecast by Type
10.7.1. Drill Guide
10.7.2. Guide Tubes
10.7.3. Implant Holder
10.7.4. Custom Clamps
10.7.5. Distracters
10.7.6. Screw Drivers
10.7.7. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Orthopaedic Devices Demand Share Forecast, 2019-2026
11. Europe Orthopaedic Devices Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Orthopaedic Devices Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Orthopaedic Devices Market Size and Volume Forecast by Application
11.4.1. Hip
11.4.2. Knee
11.4.3. Spine
11.4.4. Dental
11.4.5. Craniomaxillofacial
11.4.6. Extremities
11.4.7. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Orthopaedic Devices Market Size and Volume Forecast by Type
11.7.1. Drill Guide
11.7.2. Guide Tubes
11.7.3. Implant Holder
11.7.4. Custom Clamps
11.7.5. Dstracters
11.7.6. Screw Drivers
11.7.7. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Orthopaedic Devices Demand Share, 2019-2026
12. Asia Pacific Orthopaedic Devices Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Orthopaedic Devices Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Orthopaedic Devices Market Size and Volume Forecast by Application
12.4.1. Hip
12.4.2. Knee
12.4.3. Spine
12.4.4. Dental
12.4.5. Craniomaxillofacial
12.4.6. Extremities
12.4.7. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Orthopaedic Devices Market Size and Volume Forecast by Type
12.7.1. Drill Guide
12.7.2. Guide Tubes
12.7.3. Implant Holder
12.7.4. Custom Clamps
12.7.5. Distracters
12.7.6. Screw Drivers
12.7.7. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Orthopaedic Devices Demand Share, 2019-2026
13. Middle East & Africa Orthopaedic Devices Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Orthopaedic Devices Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Orthopaedic Devices Market Size and Volume Forecast by Application
13.4.1. Hip
13.4.2. Knee
13.4.3. Spine
13.4.4. Dental
13.4.5. Craniomaxillofacial
13.4.6. Extremities
13.4.7. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Orthopaedic Devices Market Size and Volume Forecast by Type
13.7.1. Drill Guide
13.7.2. Guide Tubes
13.7.3. Implant Holder
13.7.4. Custom Clamps
13.7.5. Distracters
13.7.6. Screw Drivers
13.7.7. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Orthopaedic Devices Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Orthopaedic Devices Market: Market Share Analysis
14.2. Orthopaedic Devices Distributors and Customers
14.3. Orthopaedic Devices Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. NuVasive, Inc.
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Medtronic PLC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Zimmer-Biomet Holdings
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. DePuy Synthes Companies
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Stryker Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Aesculap Implant Systems, Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Donjoy, Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Conmed Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook