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Report Scope:
The "Advanced Orthopedic Technologies, Implants and Regenerative Products Market" report analyzes the product types used for orthopedic implants and regeneration. The report is segmented based on device types such as bone repair and regenerative products, cartilage and soft tissue repair, regenerative products, and joint replacement, implants, and regenerative products.
A detailed analysis illustrating market dynamics and market structure is incorporated in the report. Porter's Five Forces analysis and supply and distribution chain are discussed in detail for an in-depth market understanding. The report covers the current regulations and guidelines for quality management and manufacturing practices of orthopedic medical devices in the context of their use in the advanced orthopedic devices industry. Top market players detailing their business operations and segment focus, revenue, and strategy analysis are included in the report. Market share analysis of leading market players, product launches, and pipeline products are also captured in the information.
Regarding geography, the report analyzes the market across North America, Europe, and Asia-Pacific. Key countries like the U.S., Canada, Mexico, Europe (top five countries), China, India, and Japan are discussed due to a high concentration of orthopedic device manufacturing companies and contract manufacturing organizations in these countries.
The base year for market data is 2022, with historical data provided for 2020 and forecast data provided through 2028. Historical, base year, and forecast data are provided for each market segment of the report.
Report Includes:
- 11 tables
- An up-to-date overview and analysis of the global markets for advanced orthopedic technologies, implants and regenerative products
- Analyses of the global market trends, with market revenue data (sales figures) for 2020-2022, forecasts for 2023, and projections of compound annual growth rates (CAGRs) through 2028
- Estimation of the actual market size and revenue forecast for the advanced orthopedic technologies, implants and regenerative products market, and its corresponding market share analysis based on product type and region
- In-depth information (facts and figures) concerning major market dynamics, recent trends and developments, opportunities and challenges estimating the current and future demand, and impact of macroeconomic factors in the progress of this market
- A look at the current industry regulations and developmental procedures and products, along with details of guidelines for orthopedic medical devices quality management and manufacturing practices
- Review of recent patent applications filed on advanced orthopedic technologies implants and regenerative products
- Identification of the major stakeholders and analysis of the competitive landscape based on recent developments, financial performance, and segmental revenues
- Updated information on recent mergers and acquisitions, partnerships, agreements, collaborations, and other strategic alliances within the marketplace
- Company profiles of the leading global players, including B. Braun Melsungen AG, Zimmer Biomet, Medtronic, Nuvasive, and Stryker Corporation
Summary:
Orthopedic implants are joint reconstruction procedures using plates, screws, and other orthobiologics. An orthopedic embed is a device surgically set into the body intended to restore functionality by supplanting or strengthening a harmed structure. For the treatment of back pain, orthopedic embeds (i.e., bone plates and screws) are used for spinal combination surgery and fixing the broken bone fragments and embed parts are utilized for hip and joint substitution. The material used as a part of orthopedic inserts must be biocompatible to avoid rejection by the body.
Currently, orthopedic implants are in high demand due to an increased incidence of sports injuries and fractures. Considering this, many sports medicine centers and clinics have been launched worldwide to cater to the need for orthopedic implants, such as the Sports Medicine specialty clinic and Sports Nutrition and Fitness Nutrition Clinic, in India. Moreover, the constant development of new surgical techniques and products by researchers also helps fulfill the requirement for orthopedic implants. Currently, the market is witnessing an increase in competition and eroding margins that push orthopedic implant manufacturers to focus on developing differentiated products and cost reduction.
The rise in sports injuries, high demand for orthopedic implants among all age groups, and continuous advancements and improvements in orthopedic implant products and technology are driving the market growth. Additionally, the rise in awareness regarding the availability of various orthopedic implants provides lucrative growth opportunities to the orthopedic implants market.
This report covers the analysis of the global orthopedic implants market based on product type, biomaterials, and geography. Based on product type, the market is categorized to include bone repair and regenerative products, cartilage and soft tissue repair and regenerative products, and joint replacement, implants and regenerative products. The report consists of the revenue generated through sales of these for mentioned orthopedic implants. The study excludes the revenue generated through post-sales services of stents.
The advanced orthopedic technologies, implants, and regenerative products market evaluation uses bottom-up as well as top-down approaches, including the analysis of hundreds of contracts and sales data from a multitude of sources such as annual reports, online and in-house databases, industry journals, and other statistical publications as well as by consulting with leading industry experts. Regional and company market share data are also derived from a similar data analysis process.
The extensive secondary data sources are then synthesized with primary research insight from company interviews and integrated with Porter's Five Forces analysis to develop forecasts.
The global market for advanced orthopedic technologies, implants, and regenerative products was valued at $REDACTED billion in 2022. The market is forecast to grow at a compound annual growth rate (CAGR) of REDACTED% to reach $REDACTED billion in 2027. In this report, the global market is segmented by type and region. By type, the market is segmented into products.