Orthopedics Devices market size is expected to reach USD 65.29 Billion by 2027, according to a new report by Emergen Research.
The demand for orthopedics devices is propelled by factors such as the rising occurrence of osteoporosis, musculoskeletal conditions, technological advancements, growing prevalence of sports accidents, increasing geriatric population, and increased obesity prevalence.
The demand in the North America region is marked by a rise in the incidence of orthopedic surgery, combined with sufficient orthopedic patient reimbursement policies.
The Global Orthopedics Devices Market report comprises of vital details of the Orthopedics Devices business sphere that aims to offer the reader a comprehensive understanding of the Orthopedics Devices market and identify optimum growth prospects to gain a competitive edge over other competitors.
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Emergen Research has segmented the global Orthopedics Devices Market on the basis of product, type, application, and region:
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Elements analyzed in the report:
The Global Orthopedics Devices Market report offers an elaborate analysis of the different elements of the industry, such as product development and technological advancements, product types, applications, and major expansion strategies undertaken by prominent companies.
Key participants include CONMED Corporation, Medtronic PLC, Zimmer-Biomet Holdings Inc., Smith & Nephew PLC, Aesculap Implant Systems LLC, Stryker Corporation, Donjoy Inc., DePuy Synthes, NuVasive Inc., and B. Braun Melsungen AG, among others.
Regional Analysis of the Orthopedics Devices Market includes:
The market in North America held the second-largest Orthopedics Devices market share in 2019 and is estimated to grow at a rate of 7.1% in the forecast period. The high demand in the region is due to the growing adoption of electric vehicles, especially in the US. Further the growing storage requirements from renewable energy generation plants is causative of the market growth.
Some Key Highlights from the Report
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