Technavio has been monitoring the orthopedic implants market and it is poised to grow by USD 10.09 billion during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Orthopedic Implants Market 2020-2024 (Graphic: Business Wire).
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Frequently Asked Questions-
Based on segmentation by product, which is the leading segment in the market?
The joint reconstruction implants are expected to be the leading segment in the global market during the forecast period.
What are the major trends in the market?
Technological advances are the major trends in the market.
At what rate is the market projected to grow?
Growing at a CAGR of over 5%, the incremental growth of the market is anticipated to be USD 10.09 billion.
Who are the top players in the market?
B. Braun Melsungen AG, CONMED Corp., Globus Medical Inc., Johnson & Johnson, Medtronic Plc, NuVasive Inc., Orthofix Medical Inc., Smith & Nephew Plc, Stryker Corp., and Zimmer Biomet Holdings Inc. are some of the major market participants.
What are the key market drivers?
Rising prevalence of orthopedic conditions is one of the major factors driving the market.
How big is the North America market?
The North America region will contribute 44% of market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. B. Braun Melsungen AG, CONMED Corp., Globus Medical Inc., Johnson & Johnson, Medtronic Plc, NuVasive Inc., Orthofix Medical Inc., Smith & Nephew Plc, Stryker Corp., and Zimmer Biomet Holdings Inc. are some of the major market participants. The rising prevalence of orthopedic conditions will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Orthopedic Implants Market 2020-2024: Segmentation
Orthopedic Implants Market is segmented as below:
Joint Reconstruction Implants
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Orthopedic Implants Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The orthopedic implants market report covers the following areas:
Orthopedic Implants Market Size
Orthopedic Implants Market Trends
Orthopedic Implants Market Analysis
This study identifies technological advances as one of the prime reasons driving the orthopedic implants market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Orthopedic Implants Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist orthopedic implants market growth during the next five years
Estimation of the orthopedic implants market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the orthopedic implants market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of orthopedic implants market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Value chain analysis
Market segmentation analysis
PART 04: MARKET SIZING
Market sizing 2019
Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 06: MARKET SEGMENTATION BY PRODUCT
Market segmentation by product
Comparison by product
Joint reconstruction implants - Market size and forecast 2019-2024
Spinal implants - Market size and forecast 2019-2024
Craniomaxillofacial implants - Market size and forecast 2019-2024
Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
Asia - Market size and forecast 2019-2024
ROW - Market size and forecast 2019-2024
Key leading countries
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
Rising number of strategic alliances
Public and private sector funding and research
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
Market positioning of vendors
B. Braun Melsungen AG
Globus Medical Inc.
Johnson & Johnson
Orthofix Medical Inc.
Smith & Nephew Plc
Zimmer Biomet Holdings Inc.
PART 14: APPENDIX
List of abbreviations
Definition of market positioning of vendors
PART 15: EXPLORE TECHNAVIO
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