Pune, India -- (SBWIRE) -- 03/17/2020 -- The global "orthopedic implants market size" is set to touch USD 64.0 billion by 2026, exhibiting a modest CAGR of 4.1% during the forecast period. Unprecedented rise in geriatric population across the globe to be the key growth driver of this market. According to the United States Census Bureau (USCB), the proportion of aged people to the total world population is steadily climbing. For example, in 2012, world population had reached 7 billion and the people aged 65 and above were 8% of this number or 562 million. In 2015, the number rose by 55 million, with the percentage increasing to 8.5% of the total population in a span of 3 years. The USCB predicts that between 2025 and 2050, this geriatric population will double to reach 1.6 billion, whilst the total population will grow only by 34%. This, the USCB states, is attributable to the reduction in fertility rates around the world and lengthening lifespans due to advancements in medical technologies. This is expected to substantially broaden the base of the market, especially the joint reconstruction segment, as per the orthopedic implants market trends.

Highlights of the Report:

In-depth analysis of various insights, namely, Orthopedic Implants Market trends, growth drivers, opportunities, and other related challenges.
Comprehensive details of key market players, their core competencies, and Orthopedic Implants Market share.
The potency of suppliers and buyers to make better business decisions.
Lists out the market size in terms of volume.
Key Players Operating in The Orthopedic Implants Market Include:

BioTek Instruments, Inc.
Zimmer Biomet
Integra LifeSciences Corporation
DePuy Synthes Companies (Johnson & Johnson Services, Inc.)
ArthroCare Corporation
Medtronic
CONMED Corporation
Smith & Nephew

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New Product Launches to Intensify Market Competition

Key players are looking to gain an edge in the competition through development and launch of new products. For instance, in September 2019, Zimmer Biomet, after receiving FDA approval, commercially released its customizable revision knee replacement device called Persona Revision Knee System for patients in the US. Some other players are engaging in sprucing up their research capacities through commissioning of trials and studies. For example, in September 2019, Medtronic's clinical trial for testing its spine correction surgical procedure, Infuse Bone Graft in Transforaminal Lumbar Interbody Fusion (TLIF), was green lit by the FDA.

North America to Hold a Commanding Position; Europe to Grow at an Impressive Rate

Among regions, North America is expected to dominate the global orthopedic implants market share owing to the increasing incidence of osteoarthritis in the region. Europe is projected to grow at a considerable rate on account of rapid spread of chronic diseases such as diabetes and obesity in the continent. In Asia-Pacific, rise in healthcare expenditure and increasing disposable incomes will propel the market in the region, as per the orthopedic implants market analysis by Fortune Business Insights. However, the market growth in Africa, Latin America, and the Middle East is anticipated to be slow due to low levels of development in these regions.

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Detailed Table of Content:

Introduction
Research Scope
Market Segmentation
Research Methodology
Definitions and Assumptions
Executive Summary
Market Dynamics
Market Drivers
Market Restraints
Market Opportunities
Key Insights
Number of Orthopedic Injuries & Prevalence of Orthopedic Diseases for Key Countries/Region-2018
Overview of New Product Launches and Developments by Key Products
The Regulatory and Reimbursement Scenario by Country/Region
Key Industry Developments (Mergers, Acquisitions, Partnerships)
Global Orthopedic Implants Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis, Insights and Forecast – By Product
Joint Reconstruction
Knee
Hip
Extremities
Spinal Implants
Spinal Fusion Devices
Spinal Non-fusion Devices
Trauma Implants
Dental Implants
Endosteal Implants
Superperiosteal Implants
Transosteal Implants
Orthobiologics
Others
Market Analysis, Insights and Forecast – By End-user
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
Others
Market Analysis, Insights and Forecast – By Region
North America
Europe
Asia Pacific
Latin America
Middle East & Africa
North America Orthopedic Implants Market Analysis, Insights and Forecast, 2015-2026
Key Findings / Summary
Market Analysis – By Product
Joint Reconstruction
Knee
Hip
Extremities
Spinal Implants
Spinal Fusion Devices
Spinal Non-fusion Devices
Trauma Implants
Dental Implants
Endosteal Implants
Superperiosteal Implants
Transosteal Implants
Orthobiologics
Others
Market Analysis – By End-user
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
Others
Market Analysis – By Country
S.
Canada
Continued...

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Report Focus:

Extensive product offerings
Customer research services
Robust research methodology
Comprehensive reports
Latest technological developments
Value chain analysis
Potential Orthopedic Implants Market opportunities
Growth dynamics
Quality assurance
Post-sales support
Regular report updates

Reasons to Purchase this Report:

Comprehensive analysis of the Orthopedic Implants Market growth drivers, obstacles, opportunities, and other related challenges.
Tracks the developments, such as new product launches, agreements, mergers and acquisitions, geographical expansions, and joint ventures.
Identifies market restraints and boosters.
Identifies all the possible segments present in the market to aid organizations in strategic business planning.

KEY QUESTIONS ANSWERED:

What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the Orthopedic Implants Market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?

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