Albany, NY -- (SBWire) -- 12/20/2017 --According to the report, the global orthopedic devices market is estimated to register a modest 4.90% CAGR during the forecast period, growing from a value of US$29.2 bn in 2012 to US$41.2 bn in 2019. While the growing prevalence of osteoarthritis and osteoporosis and rise in sports and road injuries will boost the demand for orthopedic devices, frequent product recalls, economic upheaval, and unfavorable political reforms threaten to impede the global market.
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The global protein expression technology market is segmented on the basis of Geographically, orthopedic device
Based on the orthopedic device segments such as joint implants, internal and external fixation devices have been further analyzed on the basis of anatomical locations namely, hip, knee, shoulder, elbow, foot and ankle and other extremities. Spinal orthopedic devices have been segmented into joint implants and internal fixation devices, while craniomaxillo facial devices market include estimations only for internal fixation devices. Various emerging technologies such as bio-absorbable implants and minimal invasive procedures currently form major drivers for the growth of this market. The global orthopedic devices market was valued at USD 29.2 billion in 2012 and is expected to grow at a CAGR of 4.9% from 2013 to 2019, to reach an estimated value of USD 41.2 billion in 2019
Based on Geographically, North America dominated the global orthopedic devices market and is expected to continue to lead in terms of revenue generation throughout the forecast period. The market in North American region was valued at USD 11.8 billion in the year 2012. Asia-Pacific is considered as the most lucrative market for orthopedic devices market owing to the increase in incidences of bone related disorders and obesity through 2019. The leading players in the market for orthopedic devices market are Depuy Synthes, Zimmer, Stryker, Medtronic, Smith & Nephew, Wright MedicaL, NuVasive, and Globus Medical
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Summary of Table of Content
Introduction
Executive Summary
Global Orthopedic Devices Market Overview
Global Orthopedic Devices Market, by Anatomical Location, Size and Forecast, 2011-2019 (USD Million)
Global Orthopedic Consumables, Market Revenue, 2011 - 2019
Global Orthopedic Devices Market, by Geography, Size and Forecast, 2011 – 2019 Value (USD Million)
Competitive Landscape
Recommendations
Company Profiles
Summary of Table of Content @ https://www.transparencymarketresearch.com/report-toc/1781
TMR Predicted Orthopedic Devices Market Growing from a Value of US $41.2 Bn in 2019
Frequent Product Recalls to Restrict Global Orthopedic Devices Market to 4.90% CAGR from 2013 to 2019