Orthopedic Implants Market is anticipated to reach US$ 8.47 Bn. by 2029 from US$ 5.52 Bn. in 2022 at a CAGR of 6.3 % during a forecast period.

Orthopedic Implants Market Scope and Research Methodology

This Orthopedic Implants Market research report provides a comprehensive view of competition, including market share and profiles of major industry rivals worldwide. The study delves into various sectors to examine the factors that influence the industry's growth.

The top-down and bottom-up approaches are used to validate and estimate market size by segment. Orthopedic Implants Market estimates are based on sale prices, with weights applied to usage rate and average sale price to produce percentage splits, market shares, and segment breakdowns. The geographical divisions are based on the adoption or usage percentage of the market size in each area.

Orthopedic Implants Market Drivers :

Some of the reasons driving the market's growth include an increase in the incidence of orthopaedic injuries or diseases such as arthritis and osteoarthritis, as well as a rapid increase in the senior population, who are more prone to orthopaedic disorders. Additionally, technical advancements such as robot-assisted surgical instruments, adoption of implanted medical devices, and widespread use of orthopaedic implants to treat musculoskeletal, orthopaedic illnesses, and injuries contribute to market growth.

In addition, the growth of the orthopaedic implants market is expected to be boosted by the increase in the mean age during the forecast period. While an aging demographic and medical innovation is expected to continue to drive growth in the orthopaedic implants market, a lack of activity and obesity lead to a high occurrence of degenerative bone disorders and osteoarthritis. This has increased the need for orthopaedic implants all across the world. With a rise in the incidence of athletic accidents and road crashes, demand for trauma-related orthopaedic implants has also been reported to be strong. Recognizing the growing need, orthopaedic implant manufacturers have created new technologies to meet it, while also increasing their product penetration and market reach.

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Orthopedic Implants Market Segmentation Analysis:

Based on Formulation, the Tablets Supplements segment held the largest market share of  the Market in 2023. According to the MMR analysis,  It stands out as the dominant segment in Market thanks to its rapid technological advancement and growing adoption of smart devices with data connectivity and integration.

by Product

Spinal implants
Dental implants
Trauma & craniomaxillofacial implants
Reconstructive joint implants
Orthobiologics
Others

by Procedure

Open Surgery
Minimally Invasive Surgery (MIS)
Others

by Biomaterial

Metallic Biomaterials
Polymer Biomaterials
Ceramic Biomaterials
Natural Biomaterials

by Device Type

Internal Fixation Devices
External Fixation Devices
Orthopedic Rods/Wire
Orthopedic Screws
Orthopedic Plates
Fixation Pins
Orthopedic Nails

by Application

Neck Fracture
Spine Fracture
Hip Replacement
Knee Fracture
Shoulder Replacement
Others

by End-User

Hospital
Orthopedic Clinics
Home Cares
Others

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Key players include Orthopedic Implants Industry :

1. Deputy Synthes Inc.
2. Globus Medical, Inc.
3. NuVasive, Inc.
4. Smith & Nephew plc.
5. Stryker Corporation
6. Zimmer Biomet Holdings, Inc.
7. Integra LifeSciences Holdings Corporation
8. Medtronic, plc.
9. The Orthopedic Implant Company
10. B. Braun Melsungen
11. Wright Medical Group N.V.
12. Aesculap Implant Systems
13. BioTek Instruments, Inc.
14. Conmed Corporation
15. Arthrocare Corporation
16. DJO Finance LLC
17. NuVasive, Inc.


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Key Questions Answered in the Orthopedic Implants Market Report are:

  • Which segment asserted the greatest market share in 2024 for Orthopedic Implants ?
    • How does the competitive landscape unfold within the Orthopedic Implants market?
    • What pivotal factors steer the growth trajectory of the Orthopedic Implants market?
    • In the realm of the Orthopedic Implants market, which region commands the most significant market share?
    • What is the anticipated Compound Annual Growth Rate (CAGR) for the Orthopedic Implants market during the forecast period (2024-2030)?

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