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Orthopedic Implants Market by Product and Geography - Forecast and Analysis 2022-2026

  • Published: Apr 2022
  • Pages: 140
  • SKU: IRTNTR40819
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The predicted growth of the orthopedic implants market share from 2021 to 2026 is USD 15.45 billion at a progressing CAGR of 7.73%.

This orthopedic implants market research report extensively covers orthopedic implants market segmentation by:

  • Product - Joint reconstruction implants, Spinal implants, and Craniomaxillofacial implants
  • Geography - North America, Europe, Asia, and Rest of World (ROW)

The orthopedic implants market vendors are - Amplitude SAS, Arthrex Inc., B. Braun SE, Conmed Corp., Corin Group Plc, Globus Medical Inc., icotec AG, Integra LifeSciences Corp., Johnson and Johnson, Medtronic Plc, Mighty Oak Medical, Naton Medical Group, Nuvasive Inc., Orthofix Medical Inc., OrthoPediatrics Corp., Pega Medical Inc., RTI Surgical Inc., Smith and Nephew plc, Stryker Corp., and Zimmer Biomet Holdings Inc. among others.

What will the Orthopedic Implants Market Size be During the Forecast Period?

Orthopedic Implants Market Size

Download the Free Report Sample to Unlock the Orthopedic Implants Market Size for the Forecast Period and Other Important Statistics

 

Orthopedic Implants Market: Key Drivers, Trends, and Challenges

Based on our research output, there has been a positive impact on the market growth during and post COVID-19 era. The high prevalence of osteoporosis is notably driving the orthopedic implants market growth, although factors such as high costs associated with orthopedic implants and procedures may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the orthopedic implants industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Orthopedic Implants Market Driver

  • One of the key factors driving growth in the orthopedic implants market is the rising prevalence of orthopedic conditions.
  • The rising prevalence of orthopedic conditions such as fractures caused by sports injuries, spinal deformities and scoliosis, tendon injuries, degeneration of the disc, and others has increased the demand for orthopedic implants.
  • Fractures and osteoporosis are common among the geriatric population. Therefore, the growing geriatric population across the world is contributing to the orthopedic implants market growth.
  • The lucrative market landscape is further prompting vendors to innovate and launch new products, which will help them capture a larger customer base.

Key Orthopedic Implants Market Trend

  • The rising number of strategic alliances is a key orthopedic implants market trend that is expected to have a positive impact in the coming years.
  • Strategic alliances can help companies that manufacture medical equipment to explore additional opportunities without incurring a considerable financial burden.
  • Such alliances for product development and commercialization provide vendors with multiple benefits, such as cost containment, extended product lines, and wide geographical reach.
  • The increasing number of partnerships, licensing agreements, and collaborations between vendors and distribution channel partners will expand the global presence of vendors and contribute to market growth during the forecast period.

Key Orthopedic Implants Market Challenge

  • The high costs associated with orthopedic implants and procedures will be a major challenge for the orthopedic implants market during the forecast period.
  • Orthopedic implants are used for the treatment of orthopedic conditions related to joint, spine, and maxillofacial injuries. The cost of such equipment depends on applications and features.
  • The cost of orthopedic implants varies based on their type.
  • Diagnosis usually involves imaging techniques, such as CT or X-ray scans. The average cost of a CT scan ranges between $750 and $1,300 per orthopedic procedure. Repeated tests can increase the cost burden on patients. 
  • Such factors are expected to limit the growth of the market during the forecast period.

This orthopedic implants market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global orthopedic implants market as a part of the global healthcare equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the orthopedic implants market during the forecast period.

Who are the Major Orthopedic Implants Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Amplitude SAS
  • Arthrex Inc.
  • B. Braun SE
  • Conmed Corp.
  • Corin Group Plc
  • Globus Medical Inc.
  • icotec AG
  • Integra LifeSciences Corp.
  • Johnson and Johnson
  • Medtronic Plc
  • Mighty Oak Medical
  • Naton Medical Group
  • Nuvasive Inc.
  • Orthofix Medical Inc.
  • OrthoPediatrics Corp.
  • Pega Medical Inc.
  • RTI Surgical Inc.
  • Smith and Nephew plc
  • Stryker Corp.
  • Zimmer Biomet Holdings Inc.

 

This statistical study of the orthopedic implants market encompasses successful business strategies deployed by the key vendors. The orthopedic implants market is fragmented and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Product Insights and News

  • amplitude-ortho.com - The company offers orthopedic implants such as Airlock, Nexis, CentroLock, Pecaplasty, Peca, and Lync.

  • amplitude-ortho.com - The unified segment is focused on offering diversified product catering orthopedic industry.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The orthopedic implants market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Orthopedic Implants Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the orthopedic implants market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Orthopedic Implants Market?

Orthopedic Implants Market Market segmentation by region

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38% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for orthopedic implants in North America. Market growth in this region will be slower than the growth of the market in the European and Asian regions.

The rising prevalence of orthopedic conditions, product launches, favorable reimbursement for orthopedic implants, and initiatives by governments and non-profit organizations for creating awareness about orthopedic conditions will facilitate the orthopedic implants market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

The outbreak of COVID-19 led to the slow growth of the orthopedic implants market in 2020. Due to the implementation of stringent lockdowns, the manufacturing of these products came to a halt, which negatively impacted the production volume of orthopedic implants in North America, and, in turn, hindered the growth of the regional market in 2020. However, this situation is expected to stabilize during the forecast period, with the gradual containment of the pandemic, due to the lifting of lockdowns and the resumption of manufacturing of orthopedic implants in North America.

What are the Revenue-generating Product Segments in the Orthopedic Implants Market?

Orthopedic Implants Market Segmentation

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The orthopedic implants market share growth by the joint reconstruction implants segment will be significant during the forecast period. Factors such as the increasing number of orthopedic conditions, including knee and hip fractures, new product launches, the growing trend of robotic surgeries, and the presence of established players with a strong product portfolio will boost the growth of this segment during the forecast period. The increasing prevalence of orthopedic conditions such as osteoporosis, arthritis, hip and knee injuries, and bone deformities will augment the demand for joint reconstruction implants during the forecast period. 

This report provides an accurate prediction of the contribution of all the segments to the growth of the orthopedic implants market size and actionable market insights on post COVID-19 impact on each segment.

 

Orthopedic Implants Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 7.73%

Market growth 2022-2026

$ 15.45 billion

Market structure

Fragmented

YoY growth (%)

5.3

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 38%

Key consumer countries

US, Canada, Germany, UK, and China

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Amplitude SAS, Arthrex Inc., B. Braun SE, Conmed Corp., Corin Group Plc, Globus Medical Inc., icotec AG, Integra LifeSciences Corp., Johnson and Johnson, Medtronic Plc, Mighty Oak Medical, Naton Medical Group, Nuvasive Inc., Orthofix Medical Inc., OrthoPediatrics Corp., Pega Medical Inc., RTI Surgical Inc., Smith and Nephew plc, Stryker Corp., and Zimmer Biomet Holdings Inc.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period

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What are the Key Data Covered in this Orthopedic Implants Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive orthopedic implants market growth during the next five years
  • Precise estimation of the orthopedic implants market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the orthopedic implants industry across North America, Europe, Asia, and Rest of World (ROW)
  • A thorough 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

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 26: Chart on Comparison by Product
      • Exhibit 27: Data Table on Comparison by Product
    • 5.3 Joint reconstruction implants - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Joint reconstruction implants - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Joint reconstruction implants - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Joint reconstruction implants - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Joint reconstruction implants - Year-over-year growth 2021-2026 (%)
    • 5.4 Spinal implants - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Spinal implants - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Spinal implants - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Spinal implants - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Spinal implants - Year-over-year growth 2021-2026 (%)
    • 5.5 Craniomaxillofacial implants - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Craniomaxillofacial implants - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Craniomaxillofacial implants - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Craniomaxillofacial implants - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Craniomaxillofacial implants - Year-over-year growth 2021-2026 (%)
    • 5.6 Market opportunity by Product
      • Exhibit 40: Market opportunity by Product ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 42: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 43: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 44: Chart on Geographic comparison
      • Exhibit 45: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 Asia - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Asia - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Asia - Year-over-year growth 2021-2026 (%)
    • 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
    • 7.7 US - Market size and forecast 2021-2026
      • Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.8 Germany - Market size and forecast 2021-2026
      • Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.9 China - Market size and forecast 2021-2026
      • Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)
    • 7.10 UK - Market size and forecast 2021-2026
      • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.11 Canada - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.12 Market opportunity by geography
      • Exhibit 82: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 83: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 84: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 85: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 86: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 87: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 88: Matrix on vendor position and classification
            • 10.3 Amplitude SAS
              • Exhibit 89: Amplitude SAS - Overview
              • Exhibit 90: Amplitude SAS - Product / Service
              • Exhibit 91: Amplitude SAS - Key offerings
            • 10.4 B. Braun SE
              • Exhibit 92: B. Braun SE - Overview
              • Exhibit 93: B. Braun SE - Business segments
              • Exhibit 94: B. Braun SE - Key news
              • Exhibit 95: B. Braun SE - Key offerings
              • Exhibit 96: B. Braun SE - Segment focus
            • 10.5 Conmed Corp.
              • Exhibit 97: Conmed Corp. - Overview
              • Exhibit 98: Conmed Corp. - Business segments
              • Exhibit 99: Conmed Corp. - Key offerings
              • Exhibit 100: Conmed Corp. - Segment focus
            • 10.6 Globus Medical Inc.
              • Exhibit 101: Globus Medical Inc. - Overview
              • Exhibit 102: Globus Medical Inc. - Product / Service
              • Exhibit 103: Globus Medical Inc. - Key offerings
            • 10.7 Johnson and Johnson
              • Exhibit 104: Johnson and Johnson - Overview
              • Exhibit 105: Johnson and Johnson - Business segments
              • Exhibit 106: Johnson and Johnson - Key news
              • Exhibit 107: Johnson and Johnson - Key offerings
              • Exhibit 108: Johnson and Johnson - Segment focus
            • 10.8 Medtronic Plc
              • Exhibit 109: Medtronic Plc - Overview
              • Exhibit 110: Medtronic Plc - Business segments
              • Exhibit 111: Medtronic Plc - Key news
              • Exhibit 112: Medtronic Plc - Key offerings
              • Exhibit 113: Medtronic Plc - Segment focus
            • 10.9 Nuvasive Inc.
              • Exhibit 114: Nuvasive Inc. - Overview
              • Exhibit 115: Nuvasive Inc. - Business segments
              • Exhibit 116: Nuvasive Inc. - Key news
              • Exhibit 117: Nuvasive Inc. - Key offerings
              • Exhibit 118: Nuvasive Inc. - Segment focus
            • 10.10 Orthofix Medical Inc.
              • Exhibit 119: Orthofix Medical Inc. - Overview
              • Exhibit 120: Orthofix Medical Inc. - Business segments
              • Exhibit 121: Orthofix Medical Inc. - Key news
              • Exhibit 122: Orthofix Medical Inc. - Key offerings
              • Exhibit 123: Orthofix Medical Inc. - Segment focus
            • 10.11 Smith and Nephew plc
              • Exhibit 124: Smith and Nephew plc - Overview
              • Exhibit 125: Smith and Nephew plc - Business segments
              • Exhibit 126: Smith and Nephew plc - Key news
              • Exhibit 127: Smith and Nephew plc - Key offerings
              • Exhibit 128: Smith and Nephew plc - Segment focus
            • 10.12 Stryker Corp.
              • Exhibit 129: Stryker Corp. - Overview
              • Exhibit 130: Stryker Corp. - Business segments
              • Exhibit 131: Stryker Corp. - Key news
              • Exhibit 132: Stryker Corp. - Key offerings
              • Exhibit 133: Stryker Corp. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 134: Inclusions checklist
                • Exhibit 135: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 136: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 137: Research methodology
                • Exhibit 138: Validation techniques employed for market sizing
                • Exhibit 139: Information sources
              • 11.5 List of abbreviations
                • Exhibit 140: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Orthopedic Implants market growth will increase by $15453.46 million during 2022-2026.
              The orthopedic implants market is expected to grow at a CAGR of 7.73% during 2022-2026.
              Technavio has segmented the orthopedic implants market by product (Joint reconstruction implants, Spinal implants, and Craniomaxillofacial implants) and geographic (North America, Europe, Asia, Rest of World (ROW), North America, Europe, Asia, and ROW).
              Amplitude SAS, Arthrex Inc., B. Braun SE, Conmed Corp., Corin Group Plc, Globus Medical Inc., icotec AG, Integra LifeSciences Corp., Johnson and Johnson, Medtronic Plc, Mighty Oak Medical, Naton Medical Group, Nuvasive Inc., Orthofix Medical Inc., OrthoPediatrics Corp., Pega Medical Inc., RTI Surgical Inc., Smith and Nephew plc, Stryker Corp., Zimmer Biomet Holdings Inc. are a few of the key vendors in the orthopedic implants market.
              North America will register the highest growth rate of 38.16% among the other regions. Therefore, the orthopedic implants market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the orthopedic implants market growth are:
              • High prevalence of osteoporosis
              • Rising number of strategic alliances
              The orthopedic implants market vendors should focus on grabbing business opportunities from the joint reconstruction implants segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
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              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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