According to market research study published by Gen Consulting Company, the market size of the global orthopedic devices sector is expected to rise by USD 9 billion with a CAGR of 3.2% by the end of 2028.
This industry report offers market estimates of the global market, followed by a detailed analysis of the application, end user, and region. The global market data on orthopedic devices can be segmented by application: arthroscopy, cranio maxillofacial fixation (CMF), joint reconstruction, orthobiologics, orthopedic bone cement and casting materials, orthopedic braces and supports, orthopedic power tools and consumables, spinal surgery, trauma fixation, others. Orthopedic devices market is further segmented by end user: hospitals, specialty clinics, others. The hospitals segment was the largest contributor to the global orthopedic devices market in 2021. Based on region, the orthopedic devices market is segmented into: North America, Asia Pacific, Europe, Rest of the World (ROW).
The joint reconstruction market is further segmented into digits replacement, elbow replacement, hip reconstruction, knee reconstruction, others. Among these, the knee reconstruction segment was accounted for the highest revenue generator in 2021.
The global orthopedic devices market is highly competitive. The report also includes the profiles of leading companies such as 3M Company, Arthrex GmbH, Bloomage Biotechnology Corporation Limited, CONMED Corporation, DePuy Synthes Companies (Johnson & Johnson), DJO Global Inc., Globus Medical Inc, Medtronic plc, NuVasive Inc., Smith & Nephew plc, Stryker Corporation, Weigao Holding Company Limited, Wright Medical Group N.V., Zimmer Biomet Holdings Inc.
The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.
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| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Base Year | 2021 |
| Forecast Year | 2022-2028 |
| CAGR (2022-2028) | 3.2% |
| Pages | 23 |
| Key Players | 3M Company, Arthrex GmbH, Bloomage Biotechnology Corporation Limited, CONMED Corporation, DePuy Synthes Companies (Johnson & Johnson), DJO Global Inc., Globus Medical Inc, Medtronic plc, NuVasive Inc., Smith & Nephew plc, Stryker Corporation, Weigao Holding Company Limited, Wright Medical Group N.V., Zimmer Biomet Holdings Inc |
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