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The Business Research Company’s Metal Implants And Medical Alloys Global Market Report 2024is the most detailed report available on the market, including broad forecast periods and multiple geographies. The reportcovers the historic period – 2010-2021, and the forecast period – 2024-2033. The Metal Implants And Medical Alloys Global Market Report 2023evaluates metal implants and medical alloys 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 metal implants and medical alloys market is expected to grow from$14.56 billion in 2023 to $16.25 billion in 2024 at a compound annual growth rate (CAGR) of 11.6%. The growth in the historic period can be attributed to aging population, orthopedic and dental procedures, rise in chronic diseases, trauma and accident cases.The metal implants and medical alloys market size is expected to see rapid growth in the next few years. It will grow to $24.18 billion in 2028 at a compound annual growth rate (CAGR) of 10.4%.
The increasing number of road accidents is expected to propel the growth of the metal implants and medical alloys market going forward. A road accident involves a moving vehicle on a public road that causes fatal or non-fatal casualties. Metal implants and medical alloys are crucial in treating injuries sustained in road accidents. These implants stabilize broken bones, aid in healing and restore normal function to injured individuals. For instance, in May 2023, according to a report published by the Insurance Institute for Highway Safety, a US-based non-profit organization, road crashes increased from 35,935 in 2020 to 39,508 in 2021. Due to road accidents, in 2021, 42,939 persons were killed in motor vehicle crashes. These fatalities happened in 39,508 collisions involving 61,332 motor vehicles. This represented a 10% increase in deaths over 2020. As a result, the increasing number of road accidents is driving the growth of the metal implants and medical alloys market.
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The metal implants and medical alloys market segments in the report are:
1) By Material: Titanium, Stainless Steel, Cobalt Chromium, Other Materials
2) By Application: Cardiovascular Applications, Dental Applications, Spinal Fusion Applications, Cranio-Facial Surgeries, Orthopedic Reconstruction Surgeries, Other Applications
3) By End-User: Hospitals And Clinics, Ambulatory Surgical Centers, Other End-Users
Top Major Players
Medtronic PLC,
Johnson Matthey PLC,
Stryker Corporation,
Kyocera Corporation,
Braun Melsungen AG
The table of contents in TBRC’s metal implants and medical alloys market report includes:
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List Of Tables :
Table 1: Global Historic Market Growth, 2018-2023, $ Billion
Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
Table 3: Global Metal Implants And Medical Alloys Market, Segmentation By Material, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 4: Global Metal Implants And Medical Alloys Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Table 5: Global Metal Implants And Medical Alloys Market, Segmentation By End-User, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
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Table 74: Medtronic plc Financial Performance
Table 75: Johnson Matthey plc Financial Performance
Table 76: Stryker Corporation Financial Performance
Table 77: Kyocera Corporation Financial Performance
Table 78: B. Braun Melsungen AG Financial Performance
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