Global orthopedic devices market is anticipated to register steady growth with an impressive CAGR in the forecast period of 2023-2027. The market owes its growth to the increasing requirement of simpler diagnostic and non-surgical method to cure the deformities among the population. Moreover, advanced technologies incorporated in these devices aid in the modern treatment plans for skeletal functions.

Orthopedic health varies among the population based on region. Differences in the environmental, racial, and regional factors affect the orthopedic factors among the population that drives the growth of global orthopedic devices market all over the world.

Global orthopedic devices market is segmented by type, application, end user, and regional distribution and company. Based on type the market is further fragmented into joint reconstruction devices, spinal devices, trauma devices, ortho-biologics, and others.

Joint reconstruction devices held the largest shares of the market in the historical years, owing the growth of the market to factors like increasing number of knee and hip replacement procedures, along with shoulder and extremities reconstruction processes. Sports related soft tissue injuries and latest technology in the same is driving the growth of the market to new heights.

In past five years, health industry encountered increasing number of orthopedic problems and injuries in the bones that led to the immobility disability of the patient and thereby creating severe issues in day-to-day life. The agonizing pain inclined the patient population to opt for the help from the orthopedic devices. This has proved to be a major driver of the market. Also, increasing cases of brittle bone that is low bone to mass density ratio and issues of weak bone tissue is driving the global orthopedic devices market to the anticipated growth in the forecast years.

Some of the major competitors in the market are Medtronic Plc., Stryker Corporation, B. Braun Melsungen AG, Conmed Corporation, Smith & Nephew plc, Johnson & Johnson Private Limited, NuVasive, Inc., Zimmer Biomet Holdings, Inc., Arthrex, Inc., DJO Global, Inc., Aesculap Implant Systems, LLC, Globus Medical Inc, Wright Medical Group N.V., DJO, LLC., Integra Lifesciences Corporation, among others. The companies are focusing on extensive research and developments activities to stay competitive in the market. Other competitive strategies include formation of alliances and partnerships.

Objective of the Study:

  • To analyze the historical growth of the market size of global orthopedic devices market from 2017 to 2020.
  • To estimate and forecast the market size of global orthopedic devices market from 2021 to 2027 and growth rate until 2027. 
  • To classify and forecast global orthopedic devices market based on type, application, end user, regional distribution, and company.
  • To identify dominant region or segment in the global orthopedic devices market.
  • To identify drivers and challenges for global orthopedic devices market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global orthopedic devices market.
  • To identify and analyze the profile of leading players operating in global orthopedic devices market.
  • To identify key sustainable strategies adopted by market players in global orthopedic devices market.


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TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers, suppliers, and service providers across the country. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufactures which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufactures, distribution channels and presence of all major players across the country.

TechSci Research calculated the market size of global orthopedic devices market using a bottom-up approach, wherein data for various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

Key Target Audience:

  • Manufacturers, end users, service providers and other stakeholders
  • Distributers and suppliers of orthopedic devices products and other stakeholders
  • Organizations, forums, and alliances related to orthopedic devices market   
  • Market research and consulting firms

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as vendors, suppliers, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

  • Type
  • Application
  • End User

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; South Korea; Australia; Germany; France; United Kingdom; Spain; Italy; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Kuwait

Key Companies Profiled

Medtronic Plc., Stryker Corporation, B. Braun Melsungen AG, Conmed Corporation, Smith & Nephew plc, Johnson & Johnson Private Limited, NuVasive, Inc., Zimmer Biomet Holdings, Inc., Arthrex, Inc., DJO Global, Inc., Aesculap Implant Systems, LLC, Globus Medical Inc, Wright Medical Group N.V., DJO, LLC., Integra Lifesciences Corporation.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global orthopedic devices market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Orthopedic Devices Market, By Type:
    • Joint Reconstruction Devices
    • Spinal Devices
    • Trauma Devices
    • Ortho-biologics
    • Others
  • Global Orthopedic Devices Market, By Application:
    • Hip Orthopedic Devices
    • Knee Orthopedic Devices
    • Spine Orthopedic Devices
    • Craniomaxillofacial Orthopedic Devices
    • Dental Orthopedic Devices
    • Others
  • Global Orthopedic Devices Market, By End User:
    • Hospitals & Clinics
    • Ambulatory Care Centers
    • Others
  • Global Orthopedic Devices Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Kuwait
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global Orthopedic Devices market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).
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1.    Product Overview

2.    Research Methodology

3.    Impact of COVID-19 on Global Orthopedic Devices Market

4.    Voice of Customer

5.    Executive Summary

6.    Global Orthopedic Devices Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value

6.2.  Market Share & Forecast

6.2.1.     By Type (Joint Reconstruction Devices, Spinal Devices, Trauma Devices, Orthobiologics, Others)

6.2.2.     By Application (Hip Orthopedic Devices, Knee Orthopedic Devices, Spine Orthopedic Devices, Craniomaxillofacial Orthopedic Devices, Dental Orthopedic Devices, Others)

6.2.3.     By End User (Hospitals & Clinics, Ambulatory Care Centers, Others)

6.2.4.     By Company (2020)

6.2.5.     By Region

6.3.  Product Market Map

7.    Asia-Pacific Orthopedic Devices Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value

7.2.  Market Share & Forecast

7.2.1.     By Type

7.2.2.     By Application

7.2.3.     By End User

7.2.4.     By Country

7.3.  Asia-Pacific: Country Analysis

7.3.1.     China Orthopedic Devices Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Type

7.3.1.2.2.             By Application

7.3.1.2.3.             By End User

7.3.2.     India Orthopedic Devices Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Type

7.3.2.2.2.             By Application

7.3.2.2.3.             By End User

7.3.3.     South Korea Orthopedic Devices Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Type

7.3.3.2.2.             By Application

7.3.3.2.3.             By End User

7.3.4.     Japan Orthopedic Devices Market Outlook

7.3.4.1.         Market Size & Forecast

7.3.4.1.1.             By Value

7.3.4.2.         Market Share & Forecast

7.3.4.2.1.             By Type

7.3.4.2.2.             By Application

7.3.4.2.3.             By End User

7.3.5.     Australia Orthopedic Devices Market Outlook

7.3.5.1.         Market Size & Forecast

7.3.5.1.1.             By Value

7.3.5.2.         Market Share & Forecast

7.3.5.2.1.             By Type

7.3.5.2.2.             By Application

7.3.5.2.3.             By End User

8.    Europe Orthopedic Devices Market Outlook

8.1.  Market Size & Forecast          

8.1.1.     By Value

8.2.  Market Share & Forecast

8.2.1.     By Type

8.2.2.     By Application

8.2.3.     By End User

8.2.4.     By Country

8.3.  Europe: Country Analysis

8.3.1.     France Orthopedic Devices Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Type

8.3.1.2.2.             By Application

8.3.1.2.3.             By End User

8.3.2.     Germany Orthopedic Devices Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Type

8.3.2.2.2.             By Application

8.3.2.2.3.             By End User

8.3.3.     United Kingdom Orthopedic Devices Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Type

8.3.3.2.2.             By Application

8.3.3.2.3.             By End User

8.3.4.     Italy Orthopedic Devices Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Type

8.3.4.2.2.             By Application

8.3.4.2.3.             By End User

8.3.5.     Spain Orthopedic Devices Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Type

8.3.5.2.2.             By Application

8.3.5.2.3.             By End User

9.    North America Orthopedic Devices Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value

9.2.  Market Share & Forecast

9.2.1.     By Type

9.2.2.     By Application

9.2.3.     By End User

9.2.4.     By Country

9.3.  North America: Country Analysis

9.3.1.     United States Orthopedic Devices Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Type

9.3.1.2.2.             By Application

9.3.1.2.3.             By End User

9.3.2.     Mexico Orthopedic Devices Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Type

9.3.2.2.2.             By Application

9.3.2.2.3.             By End User

9.3.3.     Canada Orthopedic Devices Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Type

9.3.3.2.2.             By Application

9.3.3.2.3.             By End User

10.  South America Orthopedic Devices Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value

10.2.              Market Share & Forecast

10.2.1.  By Type

10.2.2.  By Application

10.2.3.  By End User

10.2.4.  By Country

10.3.              South America: Country Analysis

10.3.1.  Brazil Orthopedic Devices Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Type

10.3.1.2.2.           By Application

10.3.1.2.3.           By End User

10.3.2.  Argentina Orthopedic Devices Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Type

10.3.2.2.2.           By Application

10.3.2.2.3.           By End User

10.3.3.  Colombia Orthopedic Devices Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Type

10.3.3.2.2.           By Application

10.3.3.2.3.           By End User

11.  Middle East and Africa Orthopedic Devices Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value

11.2.              Market Share & Forecast

11.2.1.  By Type

11.2.2.  By Application

11.2.3.  By End User

11.2.4.  By Country

11.3.              MEA: Country Analysis

11.3.1.  South Africa Orthopedic Devices Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Type

11.3.1.2.2.           By Application

11.3.1.2.3.           By End User

11.3.2.  Saudi Arabia Orthopedic Devices Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Type

11.3.2.2.2.           By Application

11.3.2.2.3.           By End User

11.3.3.  UAE Orthopedic Devices Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Type

11.3.3.2.2.           By Application

11.3.3.2.3.           By End User

11.3.4.  Kuwait Orthopedic Devices Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Type

11.3.4.2.2.           By Application

11.3.4.2.3.           By End User

12.  Market Dynamics

12.1.              Drivers

12.2.              Challenges

13.  Market Trends & Developments

14.  Competitive Landscape

14.1.              Medtronic Plc.

14.2.              Stryker Corporation

14.3.              B. Braun Melsungen AG

14.4.              Conmed Corporation

14.5.              Smith & Nephew plc

14.6.              Johnson & Johnson Private Limited

14.7.              NuVasive, Inc.

14.8.              Zimmer Biomet Holdings, Inc.

14.9.              Arthrex, Inc.

14.10.            DJO Global, Inc.

14.11.            Aesculap Implant Systems, LLC

14.12.            Globus Medical Inc

14.13.            Wright Medical Group N.V.

14.14.            DJO, LLC.

14.15.            Integra Lifesciences Corporation

15.  Strategic Recommendations

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