Orthopedic Implants Market to Envisage 5.10% CAGR over the Forecast Period of 2019-2025
A recent report published by Infinium Global Research on the orthopedic implants market provides an in-depth analysis of segments and sub-segments in the global as well as regional orthopedic implants market.
Pune, India -- (SBWire) -- 11/29/2019 --Infinium Global Research has recently published a trending report on the "Orthopedic Implants Market (Material - Metals, Polymers, and Ceramics; Application - Trauma Implants, Spinal Implants, Joints Implants, Dental Implants, Orthobiologics, and Others; End-user - Orthopedic Clinics, Hospitals, and Ambulatory Surgical Centers): Global Industry Analysis, Trends, Size, Share and Forecasts to 2025." The global orthopedic implants market is projected to grow at a CAGR of 8.60% over the forecast period of 2019-2025.
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According to the IGR research analysts, the prevalence of orthopedic injuries coupled with technological advancements such as robot-assisted surgical tools is driving the growth of the global orthopedic implants market. Two events in recent years indicated that robots are making their way into the field of orthopedic implants market. Stryker Corp. spent billions for Mako Surgical Corp. to sell robotic systems to aid knee and hip replacement surgeries, and Medtronic PLC acquired Mazor Robotics for in billions so that it could expand into the robot-assisted spine surgery space.
Asia-pacific is Expected to Witness A Significant Growth in Orthopedic Implants Market During the Forecast Period
The report gives an in-depth analysis of the global orthopedic implants market, focuses on market opportunities along with the trends driving the market. It provides the segmentation of the market by material (metals, polymers, and ceramics), by application (trauma implants, spinal implants, joints implants, dental implants, orthobiologics, and others), by end-user (orthopedic clinics, hospitals, and ambulatory surgical centers) and by geography. Asia Pacific is estimated to witness the highest CAGR during the forecast period. A number of factors have contributed to the growing demand among consumers in this region. A number of elderly increases, so do patients with bone, spinal, and joint afflictions needing treatment. Another factor behind the rise in demand is income. Low wages in developing nations like India and China are also rising quickly.
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Orthopedic Implants Market: Competitive Analysis
The key players featured in the report are Johnson & Johnson Services, Inc., Stryker Corporation, Medronic Plc, Arthrex, Inc., Zimmer Biomet Holdings, Inc., Conmed Corporation, Smith and Nephew Plc, NuVasive, Inc., Wright Medical Group N.V., and Globus Medical Inc. In September 2019, Stryker announced a definitive agreement to acquire Mobius imaging, a leader in point-of-care imaging technology, and its sister company, GYS Tech, LLC. The acquisition provides Stryker's Spine division with immediate entry into the intra-operative imaging segment and aligns with Stryker's implant and navigation offerings. This acquisition brings expertise in advanced imaging and robotics as well as a robust product pipeline that adds to Stryker's portfolio and will allow the Spine division to provide more complete procedural solutions.
About The IGR-Growth Matrix
The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of orthopedic implants market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
Read Detailed Index of full Research Study of https://www.infiniumglobalresearch.com/healthcare-medical-devices/global-orthopedic-implants-market
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of the orthopedic implants.
=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2025.
=> Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.
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