Orthopedic Trauma Devices Market to Exceed US$ 14 Bn by 2028 by factmr · November 30 Amani Hooker Jersey , 2018
Primarily driven by increasing instances of fractures due to road accidents and sports related injuries, the global market for orthopedic trauma devices is anticipated to expand at a promising CAGR of 6.8% over the next decade. By the end of 2028, the orthopedic trauma devices market is estimated to attain the global revenues beyond US$ 14 Bn. As per the research presented in a recently published report by Future Market Insights, titled 鈥淥rthopedic Trauma Devices Market: Global Industry Analysis 2013 鈥?2017 and Opportunity Assessment, 2018 鈥?2028,鈥?the market will also continue to be driven by impactful presence of some of the local players within respective regional markets.
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鈥淲hile the advent of 3D printing technology is likely to present the market a heap of new growth opportunities in 3D printed orthopedic implants Nate Davis Jersey , another significant opportunities lies in the popularly trending reverse shoulder arthroplasty. The rise of digital orthopedics will continue to fuel market growth through to 2028,鈥?states a research analyst at Future Market Insights.
Based on the regional analysis, the global聽orthopedic trauma devices market聽will continue to witness dominance of North America, which currently accounts for a major portion of the total revenues. With around 48% value share observed in 2017, North America鈥檚 orthopedic trauma devices market is estimated to attain a value in excess of US$ 6 Bn by the end of 2028. Western Europe is also identified to be a key market, holding the second largest position in terms of value. Manufacturers will however discover attractive opportunities in developing economies A.J. Brown Jersey , including Asia Pacific, Latin America, and Middle East and Africa. Among the emerging regional markets, Asia Pacific excluding China and Japan (APECJ) is likely to emerge at a relatively higher pace, followed by MEA. China is expected to be the most lucrative market owing to the highest estimated CAGR value over 2018-2028. Strong presence of key companies will reportedly uplift the markets in North America and China.
A majority of the key companies operating in the global orthopedic trauma market are opting for strategic mergers and acquisitions, in addition to new product launches. According to the report Jeffery Simmons Jersey , most of the revenue is contributed by the tier 1 companies, followed by the tier 3 players. The tier 1 includes DePuy Synthes Inc., Stryker Corporation, Zimmer Biomet Holdings Inc., and Smith & Nephew Plc., which collectively represent nearly 70% share of the total market revenues. Among these Jurrell Casey Jersey , DePuy and Stryker will continue to remain the top players worldwide over the next decade. Tier 3 accounts for a relatively decent revenue share and includes brands such as Arthrex, Inc., RTISurgical, Medartis, Integra LifeSciences Corporation, Japan MDM Kevin Byard Jersey , S. H. Pitkar Orthotools Pvt Ltd, Weigao Group Co Ltd, and Invibio Ltd.
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Others operating in the global orthopedic trauma devices market include Johnson & Johnson Services, Inc., Wright Medical Group NV, B. Braun Melsungen AG Derrick Henry Jersey , Orthofix International, and OsteoMed. Growing outpatient surgical procedure demand and boosting funds for delivery of the top-notch trauma care are foreseen to collectively create a lucrative pool of opportunities for the leading bunch of companies in the global marketplace. The market is also witnessing the development of novel and effective products for use in trauma care, which stands to be another important opportunity.
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FMI鈥檚 research and consulting services help businesses around the globe navigate the challenges in a rapidly evolving marketplace with confidence and clarity. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. We continuously track emerging trends and events in a broad range of end industries to ensure our clients prepare for the evolving needs of their consumers.
Growing Joint Problems in Patients Propel Global Orthopedic Bone Cement and Casting Materials Market Health Articles | May 26 Corey Davis Jersey , 2016
Bone cement have been used widely in supporting artificial joints for more than half a century. Bone cement provides elasticity by filling the space between prosthesis and the bone.
Transparency Market Research, a leading provider of the latest research on a wide array of markets and industry verticals, has compiled data on the bone cement and casting materials market. “Orthopedic Bone Cement and Casting Materials Market - Global Industry Analysis, Size, Share, Growth Marcus Mariota Jersey , Trends and Forecast, 2013 – 2019,” will impart a concise and calculative projection of this market through a forecast period of major growth and business opportunities.
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