Global Orthopedic Devices Market Growth (Status and Outlook) 2023-2029

Global Orthopedic Devices Market Growth (Status and Outlook) 2023-2029

Orthopedic is the branch of surgery concerned with conditions involving the musculoskeletal system. Orthopedic surgeons use both surgical and nonsurgical means to treat musculoskeletal trauma, spine diseases, sports injuries, degenerative diseases, infections, tumors, and congenital disorders.

LPI (LP Information)' newest research report, the “Orthopedic Devices Industry Forecast” looks at past sales and reviews total world Orthopedic Devices sales in 2022, providing a comprehensive analysis by region and market sector of projected Orthopedic Devices sales for 2023 through 2029. With Orthopedic Devices sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Orthopedic Devices industry.

This Insight Report provides a comprehensive analysis of the global Orthopedic Devices landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Orthopedic Devices portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Orthopedic Devices market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Orthopedic Devices and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Orthopedic Devices.

The global Orthopedic Devices market size is projected to grow from US$ 33450 million in 2022 to US$ 41450 million in 2029; it is expected to grow at a CAGR of 3.1% from 2023 to 2029.

The growing prevalence of osteoporosis, arthritis and other orthopedic disorders is driving this market forward. In addition to this, there has been an increase in the number of sports injuries among the younger population, which is acting as a major factor in influencing the market in a positive manner. Research and development in this field have considerably increased and companies are investing extensively in this process, which is paving the way for future technological advancement in the industry. Various companies are engaging in collaborations and strategic partnerships, which is further driving the growth of the market.

This report presents a comprehensive overview, market shares, and growth opportunities of Orthopedic Devices market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Joint Reconstruction
Spinal Devices
Trauma Fixation Devices
Arthroscopic Devices
Orthopedic Accessories
Others

Segmentation by application
Hip
Knee
Spine
Dental
Craniomaxillofacial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Zimmer Biomet Holdings
Medtronic
Wright Medical Group
Smith & Nephew
Stryker Corporation
RTI Surgical
Arthrex

Please note: The report will take approximately 2 business days to prepare and deliver.