Global Orthopedics (Devices and Material) Market is Estimated to Reach US$57.2 Billion by 2017

Date: 2015-06-11

Supported by Devices and Material type the global Orthopedics market is projected to reach US$57.2 billion by 2017 at a CAGR of 8.3% during the analysis period of 2013-2019.
Global Market Watch:
Global Orthopedics (Devices and Material) market is estimated to reach US$57.2 billion by 2017. Devices types; Joints (Repair & Replacement) Industry market is worth US$40.2 billion by 2017, growing at a CAGR of 8.9% for the analysis period 2013-2019 respectively. The Americas region accounts for highest percentage approximately 56.6% (2016) of global share while Europe follows next with nearly 19.7% (2019) of the market. Asia-Pacific is the fastest growing region with a CAGR of 10.4% driving a market value of US$4.7 billion by 2016. By Material types; Orthopedics Biomaterials accounts for 48.3% of the market share and the rest is anticipated for Orthopedic Braces & Splints and Orthopedic Accessories.
Report Focus:
The report ‘Orthopedics (Devices & Materials) – Global Trends, Estimates and Forecasts, 2013-2019’ reviews the latest trends in orthopedics devices with a perceptive attempt to disclose the near-future growth prospects. An in-depth analysis on a geographic basis provides strategic business intelligence for healthcare sector investments.The study reveals profitable investment strategies for market start-ups,pharmaceutical/biotechnology companies, laboratories,Contract/Clinical/Commercial Research Organizations (CROs), government/academic organizations, consulting firms, database buyersand many more in preferred locations. The report primarily focuses on:
• Emerging Market Trends
• Advancements in the Technological Space
• Market Demand of The Segments (By-Region)
• Key Growth Areas and Market Size
• Region-Wise Demand Factor
• Key Competitors Edge
• Investment Strategies
Estimates are based on online surveys using customized questionnaires by our research team. Besides information from government databases, company websites, press releases & published research reports are also used for estimates.
The analysis primarily deals with segment (devices &materials), arthroscopy/soft tissue repair. Further, the subdivided categories include:
Orthopedics –Segmentation
• Devices & Materials
o Devices
 Joint Replacements
• Knees
• Hip
• Shoulder
• Others (Foot, Ankle, Wrist, Fingers, etc.)
 Spinal Implants
• Spinal Fusion Implants
• Spinal Non-Fusion Implants
• Others (Vertebral Repair, etc.)
o Materials
 Orthopedic Biomaterials
• Bone Graft
• Stem Cell Therapy
• Others (Growth Factors, Bone Graft Substitutes, Viscosupplementation etc.)
 Orthopedic Braces and Splints
• Knee Braces
• Spinal Orthosis
• Ankle Braces
• Others (Bandages, Wrist, Elbow, Digit Braces etc.)
 Orthopedic Accessories
• Bone Cement
• Others (Casting System, Removal System, etc.)
• Arthroscopy/Soft Tissue Repair

The period considered for the orthopedics devices market analysis is 2013-2019. The region wise distribution of the market consists of The Americas (USA,Brazil, CanadaandRest of The Americas), Europe (Germany, France, United Kingdom, Italy, Russia, Switzerland, Spain and Rest of Europe), Asia-Pacific (Japan, China, South Korea, India, Taiwanand Rest of Asia-Pacific) and Rest of World (South Africa, Middle East and Rest of Africa).The market growth rate in the major economies such as the U.S., Japan, China etc. are estimated individually.
More than 1500 market players are identified in orthopedics devices industry out of which 65 key companies that project improved market activities in the near future are profiled. The report consists of 146 data charts describing the market shares, sales forecasts and growth prospects. Moreover, key strategic activities in the market including mergers/acquisitions, collaborations/partnerships, product launches/developments are discussed.

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