The Business Research Company’s Advanced Orthopedic Technologies, Implants, And Regenerative Products Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Advanced Orthopedic Technologies, Implants, And Regenerative Products Global Market Report 2023 evaluates advanced orthopedic technologies, implants, and regenerative products market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global market for advanced orthopedic technologies, implants, and regenerative products is poised for substantial growth, with projections indicating a positive trajectory. In 2022, the market’s value stood at $59.02 billion, and by the end of 2023, it is anticipated to reach $63.99 billion, reflecting a robust compound annual growth rate (CAGR) of 6.8%. This growth is indicative of the sector’s resilience and adaptability in the face of challenging global circumstances.
The Russia-Ukraine conflict has exerted a significant influence on the world’s economic landscape, casting a shadow over the recovery from the COVID-19 pandemic. The fallout from this protracted conflict has translated into economic sanctions imposed on several nations, the exacerbation of commodity prices, supply chain disruptions, and resultant inflation across both goods and services. The ripple effect has extended to global financial markets, contributing to heightened interest rates in numerous sectors. Nevertheless, the advanced orthopedic technologies, implants, and regenerative products market is expected to persist in its upward trajectory, surging to an estimated value of $80.15 billion by 2027, maintaining a steady CAGR of 5.8%.
A fundamental driver of this market’s growth is the escalating incidence of orthopedic disorders, which is anticipated to continue fostering its expansion in the foreseeable future. Orthopedic disorders encompass a spectrum of conditions that afflict the musculoskeletal system, affecting components such as bones, joints, muscles, tendons, ligaments, and cartilage. The burgeoning prevalence of orthopedic diseases has engendered a corresponding rise in the demand for advanced orthopedic technologies, implants, and regenerative products. These innovative solutions play a pivotal role in diagnosing, treating, and managing the symptoms and underlying causes of orthopedic ailments.
For instance, as of June 2023, data from Versus Arthritis, a UK-based charitable organization dedicated to supporting individuals afflicted by arthritis, reveals a notable increase in the prevalence of various forms of arthritis. In the UK, approximately 450,000 individuals now grapple with rheumatoid arthritis, compared to 430,000 in 2021. Psoriatic arthritis has affected 190,000 adults, marking an increase from 100,000 in 2021, while osteoarthritis now afflicts a staggering 10 million people, compared to 8.5 million in 2021. This surge in orthopedic disorders underscores the pressing need for advanced orthopedic technologies, implants, and regenerative products, which are instrumental in addressing the evolving healthcare landscape.
In summary, the advanced orthopedic technologies market is characterized by its remarkable growth trajectory, despite global challenges. The unfolding geopolitical landscape and the surge in orthopedic disorders provide a compelling backdrop for the continued expansion of this critical sector. As it advances, it will play an increasingly pivotal role in the diagnosis and management of orthopedic ailments, ensuring that individuals worldwide receive the care they need.
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The advanced orthopedic technologies, implants, and regenerative products market segments in the report are:
1) By Type: Implants, Regenerative Products
2) By Product: Orthopedic Fixation Devices, Orthopedic Replacement Devices, Orthopedic Prosthetics, Orthopedic Braces And Support Products, Spinal Implants And Surgical Devices, Arthroscopy Instruments, Orth Biologics, Bone Graft Substitutes
3) By Site: Hip And Pelvis, Foot And Ankle, Knee And Thigh, Hand And Wrist, Shoulder, Arm And Elbow, Spine, Craniomaxillofacial
4) By Application: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Other Applications
Top 5 Major Players:
Table of contents :
1. Executive Summary
2. Advanced Orthopedic Technologies, Implants, And Regenerative Products Market Characteristics
3. Advanced Orthopedic Technologies, Implants, And Regenerative Products Market Trends And Strategies
4. Advanced Orthopedic Technologies, Implants, And Regenerative Products Market – Macro Economic Scenario
5. Global Advanced Orthopedic Technologies, Implants, And Regenerative Products Market Drivers and Restraints
…..
32. Global Advanced Orthopedic Technologies, Implants, And Regenerative Products Market Competitive Benchmarking
33. Global Advanced Orthopedic Technologies, Implants, And Regenerative Products Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Advanced Orthopedic Technologies, Implants, And Regenerative Products Market
35. Advanced Orthopedic Technologies, Implants, And Regenerative Products Market Future Outlook and Potential Analysis
36. Appendix
List Of Tables:
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Advanced Orthopedic Technologies, Implants, And Regenerative Products Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Advanced Orthopedic Technologies, Implants, And Regenerative Products Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Advanced Orthopedic Technologies, Implants, And Regenerative Products Market, Segmentation By Site, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
…..
Table 75: Johnson & Johnson Financial Performance
Table 76: Medtronic PLC Financial Performance
Table 77: Stryker Corporation Financial Performance
Table 78: B Braun Medical Inc. Financial Performance
Table 79: Zimmer Biomet Holdings Inc. Financial Performance
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