The global Orthopedic Implants market is projected to witness considerable growth in the forecast period. Increasing adoption of minimally invasive procedures across the world and increasing incidence rate of injuries are likely to drive the global orthopedic implants market in the next few years. Moreover, other factors such as the rising adoption of technologically advanced products to treat musculoskeletal disorders and developments in anesthesia techniques are further boosting the growth of the global Orthopedic Implants market. Furthermore, high incidence rates of osteoporosis, osteoarthritis, and obesity along with the rapidly aging global population are the key aspects facilitating the development of the orthopedic implants market.
However, high costs associated with procedures involving orthopedic implants treatment and stringent government policies for approval of orthopedic implants may hamper the growth of the orthopedic implants market. Besides this, the emerging economies provide lucrative opportunities for market expansion.
Covid-19 Impact on Orthopedic Implants Market
In addition, the current Orthopedic Implants Market study offers a detailed analysis of the current COVID-19 pandemic impact on the market growth and its influence on the future growth of the Orthopedic Implants Market. The recently published report demonstrates the elevation in the demand for the healthcare sector. The healthcare manufacturers have experienced long term as well as short term effect which includes supply shortages, panic buying and stocking, regulation changes as short-term whereas approval delays and possible trend variations in consumption could be perceived as long-term impacts of COVID-19 on the health and pharmaceutical market.
The increasing need for a cure has pushed vaccine research and manufacturers to the limit. In addition to this, panic conditions have already spurred the demand for many healthcare products and services which are discussed in detail in this report. Moreover, the impact of COVID-19 on overall market revenue for the base year 2020 and its projection up to 2027 is provided in detail in this report.
Orthopedic Implants Market Segment Overview
Based on the Product, the hip & knee replacement sub-segment dominated the global orthopedic implants market. This is attributed to a large number of hip and knee replacement procedures performed in the last few years across the globe. Additionally, the spinal implants segment is showing remarkable growth in developing regions. Increasing demand for a minimally invasive approach for spine surgery and rising incidence of spinal fractures among the geriatric population are the prime factors propelling the growth of this segment.
Orthopedic Implants Market, By Product
- Joint Reconstruction
- Hip replacement
- Knee replacement
- Shoulder Replacement
- Spinal Implants
- Spinal Fusion Devices
- Spinal Non-fusion Devices
- Trauma Implants
- Metal Plates and Screws
- Pins/Wires
- Nails and Rods
- Orthobiologics
- Dental Implants
· Hospitals
· Orthopedic Clinics
· Ambulatory Surgical Centers
Orthopedic Implants Regional Overview
Region-wise, North America is anticipated to dominate the overall market, throughout the forecast period. Factors such as the high cost of technologically advanced surgical procedures and growing incidences of orthopedic diseases such as osteoarthritis among the geriatric population are contributing more to the growth of the market in this region. In addition to this, favorable reimbursement for the treatment of different musculoskeletal disorders under Medicare policy further boosts the growth of the market in this region. Likewise, the market in Europe and Asia-Pacific is expected to witness significant growth during the forecast period. Important factors such as rising incidences of orthopedic disorders and awareness about the treatment as well as increasing focus of the key players to establish their presence in the emerging markets are projected to boost the growth of the market in these regions in the coming years.
Orthopedic Implants Market, By Geography
· North America (US & Canada)
· Europe (UK, Germany, France, Italy, Spain, Russia & Rest of Europe)
· Asia-Pacific (Japan, China, India, Australia, & South Korea, & Rest of Asia-Pacific)
· LAMEA (Brazil, Saudi Arabia, UAE & Rest of LAMEA)
Orthopedic Implants Market, Key Players
· Stryker
· DePuy Synthes
· Zimmer Biomet
· Smith & Nephew
· Medtronic Spinal
· DJO Global
· Arthrex, Inc.
· NuVasive, Inc.
· Globus Medical
· johnson & Johnson
· Biomet Holdings, Inc.
· Wright Medical Group N.V.
· CONMED Corporation
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Emerging Trends – For Major Countries
- 4.2. Latest Technological Advancement
- 4.3. Regulatory Landscape
- 4.4. Industry SWOT Analysis
- 4.5. Porters Five Forces Analysis
5. Global Orthopedic Implants Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 5.1. Key Findings / Summary
- 5.2. Market Analysis, Insights and Forecast – By Product
- 5.2.1. Joint Reconstruction
- 5.2.1.1. Hip replacement
- 5.2.1.2. Knee replacement
- 5.2.1.3. Shoulder Replacement
- 5.2.2. Spinal Implants
- 5.2.2.1. Spinal Fusion Devices
- 5.2.2.2. Spinal Non-fusion Devices
- 5.2.3. Trauma Implants
- 5.2.3.1. Metal Plates and Screws
- 5.2.3.2. Pins/Wires
- 5.2.3.3. Nails and Rods
- 5.2.4. Orthobiologics
- 5.2.5. Dental Implants
- 5.2.1. Joint Reconstruction
- 5.3. Market Analysis, Insights and Forecast – By End User
- 5.3.1. Hospitals
- 5.3.2. Orthopedic Clinics
- 5.3.3. Ambulatory Surgical Centers
- 5.4. Market Analysis, Insights and Forecast – By Region
- 5.4.1. North America
- 5.4.2. Europe
- 5.4.3. Asia Pacific
- 5.4.4. Latin America, Middle East and Africa
6. North America Orthopedic Implants Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast – By Product
- 6.2.1. Joint Reconstruction
- 6.2.1.1. Hip replacement
- 6.2.1.2. Knee replacement
- 6.2.1.3. Shoulder Replacement
- 6.2.2. Spinal Implants
- 6.2.2.1. Spinal Fusion Devices
- 6.2.2.2. Spinal Non-fusion Devices
- 6.2.3. Trauma Implants
- 6.2.3.1. Metal Plates and Screws
- 6.2.3.2. Pins/Wires
- 6.2.3.3. Nails and Rods
- 6.2.4. Orthobiologics
- 6.2.5. Dental Implants
- 6.2.1. Joint Reconstruction
- 6.3. Market Analysis, Insights and Forecast – By End User
- 6.3.1. Hospitals
- 6.3.2. Orthopedic Clinics
- 6.3.3. Ambulatory Surgical Centers
- 6.4. Market Analysis, Insights and Forecast – By Country
- 6.4.1. U.S.
- 6.4.2. Canada
7. Europe Orthopedic Implants Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast – By Product
- 7.2.1. Joint Reconstruction
- 7.2.1.1. Hip replacement
- 7.2.1.2. Knee replacement
- 7.2.1.3. Shoulder Replacement
- 7.2.2. Spinal Implants
- 7.2.2.1. Spinal Fusion Devices
- 7.2.2.2. Spinal Non-fusion Devices
- 7.2.3. Trauma Implants
- 7.2.3.1. Metal Plates and Screws
- 7.2.3.2. Pins/Wires
- 7.2.3.3. Nails and Rods
- 7.2.4. Orthobiologics
- 7.2.5. Dental Implants
- 7.2.1. Joint Reconstruction
- 7.3. Market Analysis, Insights and Forecast – By End User
- 7.3.1. Hospitals
- 7.3.2. Orthopedic Clinics
- 7.3.3. Ambulatory Surgical Centers
- 7.4. Market Analysis, Insights and Forecast – By Country
- 7.4.1. UK
- 7.4.2. Germany
- 7.4.3. France
- 7.4.4. Italy
- 7.4.5. Spain
- 7.4.6. Russia
- 7.4.7. Rest of Europe
8. Asia Pacific Orthopedic Implants Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast – By Product
- 8.2.1. Joint Reconstruction
- 8.2.1.1. Hip replacement
- 8.2.1.2. Knee replacement
- 8.2.1.3. Shoulder Replacement
- 8.2.2. Spinal Implants
- 8.2.2.1. Spinal Fusion Devices
- 8.2.2.2. Spinal Non-fusion Devices
- 8.2.3. Trauma Implants
- 8.2.3.1. Metal Plates and Screws
- 8.2.3.2. Pins/Wires
- 8.2.3.3. Nails and Rods
- 8.2.4. Orthobiologics
- 8.2.5. Dental Implants
- 8.2.1. Joint Reconstruction
- 8.3. Market Analysis, Insights and Forecast – By End User
- 8.3.1. Hospitals
- 8.3.2. Orthopedic Clinics
- 8.3.3. Ambulatory Surgical Centers
- 8.4. Market Analysis, Insights and Forecast – By Country
- 8.4.1. China
- 8.4.2. India
- 8.4.3. Japan
- 8.4.4. Australia
- 8.4.5. South East Asia
- 8.4.6. Rest of Asia Pacific
9. Latin America, Middle East and Africa Orthopedic Implants Market Analysis (USD Billion), Insights and Forecast, 2020-2027
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast – By Product
- 9.2.1. Joint Reconstruction
- 9.2.1.1. Hip replacement
- 9.2.1.2. Knee replacement
- 9.2.1.3. Shoulder Replacement
- 9.2.2. Spinal Implants
- 9.2.2.1. Spinal Fusion Devices
- 9.2.2.2. Spinal Non-fusion Devices
- 9.2.3. Trauma Implants
- 9.2.3.1. Metal Plates and Screws
- 9.2.3.2. Pins/Wires
- 9.2.3.3. Nails and Rods
- 9.2.4. Orthobiologics
- 9.2.5. Dental Implants
- 9.2.1. Joint Reconstruction
- 9.3. Market Analysis, Insights and Forecast – By End User
- 9.3.1. Hospitals
- 9.3.2. Orthopedic Clinics
- 9.3.3. Ambulatory Surgical Centers
- 9.4. Market Analysis, Insights and Forecast – By Country
- 9.4.1. Brazil
- 9.4.2. Saudi Arabia
- 9.4.3. UAE
- 9.4.4. Rest of LAMEA
10. Competitive Analysis
- 10.1. Company Market Share Analysis, 2018
- 10.2. Key Industry Developments
- 10.3. Company Profile
- 10.4. Stryker
- 10.4.1. Business Overview
- 10.4.2. Segment 1 & Service Offering
- 10.4.3. Overall Revenue
- 10.4.4. Geographic Presence
- 10.4.5. Recent Development
- 10.5. DePuy Synthes
- 10.6. Zimmer Biomet
- 10.7. Smith & Nephew
- 10.8. Medtronic Spinal
- 10.9. DJO Global
- 10.10. Arthrex, Inc.
- 10.11. NuVasive, Inc.
- 10.12. Globus Medical
- 10.13. johnson & Johnson
- 10.14. Biomet Holdings, Inc.
- 10.15. Wright Medical Group N.V.
Data Library Research are conducted by industry experts who offer insight on industry structure, market segmentations technology assessment and competitive landscape (CL), and penetration, as well as on emerging trends. Their analysis is based on primary interviews (~ 80%) and secondary research (~ 20%) as well as years of professional expertise in their respective industries. Adding to this, by analysing historical trends and current market positions, our analysts predict where the market will be headed for the next five years. Furthermore, the varying trends of segment & categories geographically presented are also studied and the estimated based on the primary & secondary research.
In this particular report from the supply side Data Library Research has conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and SOFT) of the companies that active & prominent as well as the midsized organization
FIGURE 1: DLR RESEARH PROCESS
Extensive primary research was conducted to gain a deeper insight of the market and industry performance. The analysis is based on both primary and secondary research as well as years of professional expertise in the respective industries.
In addition to analysing current and historical trends, our analysts predict where the market is headed over the next five years.
It varies by segment for these categories geographically presented in the list of market tables. Speaking about this particular report we have conducted primary surveys (interviews) with the key level executives (VP, CEO’s, Marketing Director, Business Development Manager and many more) of the major players active in the market.
Secondary ResearchSecondary research was mainly used to collect and identify information useful for the extensive, technical, market-oriented, and Friend’s study of the Global Extra Neutral Alcohol. It was also used to obtain key information about major players, market classification and segmentation according to the industry trends, geographical markets, and developments related to the market and technology perspectives. For this study, analysts have gathered information from various credible sources, such as annual reports, sec filings, journals, white papers, SOFT presentations, and company web sites.
Market Size EstimationBoth, top-down and bottom-up approaches were used to estimate and validate the size of the Global market and to estimate the size of various other dependent submarkets in the overall Extra Neutral Alcohol. The key players in the market were identified through secondary research and their market contributions in the respective geographies were determined through primary and secondary research.
Forecast Model
