In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Orthopedic Implant market for 2018-2023.
An orthopedic implant is a medical device manufactured to replace a missing joint or bone or to support a damaged bone. The medical implant is mainly fabricated using stainless steel and titanium alloys for strength and the plastic coating that is done on it acts as an artificial cartilage. Internal fixation is an operation in orthopedics that involves the surgical implementation of implants for the purpose of repairing a bone. Among the most common types of medical implants are the pins, rods, screws and plates used to anchor fractured bones while they heal.
Medical innovation and an aging demographic are two key factors behind the growth in the orthopedic implantsector. A rising elderly population is resulting in stronger demand for procedures such as hip and knee replacements. Obesity and a lack of exercise are also key lifestyle factors contributing to a higher rate of conditions such as osteoarthritis and degenerative bone disease. Demand is also strong for trauma-related devices such as spinal implants for those involved in road collisions and sporting accidents. Around 1.35 million children attend a hospital emergency department each year in the United States due to a sport-related injury.
Over the next five years, LPI(LP Information) projects that Orthopedic Implant will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Orthopedic Implant market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Trauma & Craniomaxillofacial Implants
Reconstructive Joint Implants
Segmentation by application:
This report also splits the market by region:
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
Smith & Nephew
Zimmer Biomet Holdings
The Orthopedic Implant Company
Aesculap Implant Systems
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
To study and analyze the global Orthopedic Implant consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Orthopedic Implant market by identifying its various subsegments.
Focuses on the key global Orthopedic Implant manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Orthopedic Implant with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Orthopedic Implant submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.