Orthopedic Disposables Market is expected to grow at a CAGR of 4.89% through 2031
Global Orthopedic Disposables Market is driven by
increasing instances of bone fractures in the forecast period, 2027-2031.
According to TechSci Research report, “Orthopedic
Disposables Market - Global Industry Size, Share, Trends, Opportunity and
Forecast, 2021-2031”, The Global Orthopedic Disposables Market will grow from USD 71.18 Billion in 2025 to USD 94.79 Billion by 2031 at a 4.89% CAGR,
on the account of rapidly increasing orthopedic injuries due to road accidents,
or residential accidents. A surge in demand for disposable medical devices & equipment is further driving the growth of the global orthopaedic disposables market over the next five years.
Growing awareness about the safety benefits of the disposable medical
equipment and tools is also supporting the growth of the global orthopedic disposables
market in the next five years. Physicians and surgeons are also promoting the
use of disposable equipment. During the recent pandemic, demand for disposable medical equipment increased further, thereby validating the safety benefits of disposable medical tools and substantiating the growth of the global orthopaedic disposables market over the next five years.
Also, further increasing instances of bone diseases & disorders like
osteoarthritis, osteoporosis, along with increasing obesity problems among the
population, is expected to drive the growth of the global orthopedic
disposables market in the forecast years, until 2027F. Also, geriatric
population is more prone to bone diseases, due to various factors like drying
of bones, weaker immune system, etc. Thus, increasing geriatric population is
also one of the major factors responsible for the growth of the global
orthopedic disposables market in the forecast period.
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The global orthopedic disposables market
segmentation is based on type, application, end user, regional distribution,
and competitive landscape.
Based on application, the market is sub-segmented into trauma, wound care, and orthopaedic surgery. Orthopaedic surgeries are expected to account for the largest share of the market over the next five years, owing to their extensive product portfolios. Medical device manufacturers have designed and manufactured a range of orthopaedic disposable devices, thereby supporting orthopaedic surgeries and driving growth in the global orthopaedic disposables market over the next five years.
Orthopaedic disposables are also widely used in trauma cases, and the Trauma sub-segment is expected to grow significantly over the next five years. Increasing cases of
trauma among the global population is expected to drive the growth of the
sub-segment and support the growth of the global orthopedic disposables market
in the forecast years. Around the globe road accidents claim more than 1.2
million lives and those who survive often suffer severe trauma that requires,
bone repairment, bone replacement, etc. surgical procedures.
Market segmentation by end user comprises hospitals & speciality clinics, ambulatory surgical centres, and others. Hospitals and specialty clinics are anticipated to dominate the market
segment and hold most significant revenue shares of the market in the next five years on
the grounds of increasing patient dependency over established healthcare
providers. Moreover, the increasing incidence of accidents and bone deformities will further drive growth in this sub-segment, alongside growth in the global orthopaedic disposables market over the next five years.
Some of the market players, dominating the global market are:
- Zimmer Biomet
- Smith+Nephew
- Medtronic
- Stryker
- B. Braun Melsungen AG
- NuVasive, Inc.
- DJO, LLC
- Institut Straumann AG
- OSSTEM IMPLANT CO., LTD.
- Narang Medical Limited
Stryker Corporation is the
leading market player with its exclusive product line and dominate the current
market. Other existing market players are also highly invested in research and
product development along with viable service provisions for the consumers. New
market entrants may adopt similar strategies, including mergers and acquisitions, to establish their brands.
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“North America is anticipated to dominate the market in the
upcoming five years on account of large economies like the United States
dominating the market analysis. Further investment in technological advancement and innovative product development is expected to support market growth over the next five years. The presence of global giants such as Stryker Corporation and Johnson & Johnson attests to the market's growth. The available product line, supported by specifically formulated marketing strategies, is expected to drive growth in the global orthopaedic disposables market over the next five years. The growth of the healthcare industry and the financial support from market players for research into more advanced products are substantiating the growth of the global orthopaedic disposable market. New market players may form business partnerships with the global giants that would aid their future brand establishments,” said Mr Karan Chechi, Research Director with TechSci Research, a research-based global management consulting firm.
“Orthopedic Disposables Market - Global Industry Size, Share, Trends, Opportunity and Forecast, Segmented By Type (Bone Preparation Kits, Pulsed Lavage System, Bone Cement Mixer, Tourniquet System, Suture Retrievers, Positioner Kits, Others), By Application (Trauma, Wound Care, Orthopedic Surgeries), By End User (Hospitals & Specialty Clinics, Ambulatory Surgical Centers, Others), By Region 2021-2031F”, has
evaluated the future growth potential of global orthopedic disposables and
provides statistics & information on market size, structure and future
market growth. The report aims to provide cutting-edge market intelligence and help decision-makers make sound investment decisions. Besides, the report also identifies and analyses the emerging trends along with essential drivers, challenges, and opportunities in the global orthopaedic disposables market.
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