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Outlook of Orthopedic devices market status and development trends reviewed in n

A new report covers Orthopedic devices market outlook providing historical facts, current status and future development trends information along with data on leading players and regions.

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Outlook of Orthopedic devices market status and development trends reviewed in n

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  1. Orthopedic Devices Market Trends Research And Projections For 2021- 2027 • A research study conducted by Global Market Insights, Inc., suggests that orthopedic devices market is likely to exceed the $60 Billion mark by 2027, in terms of revenue. Rising number of orthopedic surgeries conducted worldwide have amplified the demand for such devices across healthcare settings. Surge in geriatric population and cases of orthopedic disorders such as osteoarthritis and osteoporosis will contribute towards an increase in number of orthopedic surgeries, thereby expanding the adoption of orthopedic devices. • The orthopedic devices market will see lucrative growth in the coming years backed by rising innovations and technological advancements in the healthcare sector. Orthopedic medical devices are known to be tremendously efficacious in reducing pain, restoring mobility, and improving the quality of life for many individuals each year. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  2. Based on product, the market for orthopedic devices is segmented into spinal devices, joint reconstruction devices, orthobiologics, trauma fixation devices, arthroscopic devices, and others. Of these, the trauma fixation devices segment held for more than USD 5.1 billion in the year 2020 and is projected to showcase a strong growth at 5.1% in the coming years. • Trauma fixation devices are used for stabilizing and fixing severe bone dislocations. The segment growth is attributed to rising incidences of road accidents, orthopedic disorders, etc. Mounting cases of road accidents and incurred bone injuries will accelerate the requirement for trauma fixation devices. As per the World Health Organization (WHO), around 20-50 million people suffer from physical disabilities or non-fatal injuries in instances like road accidents. • Escalating healthcare expenditure, rising disposable income, and developing medical infrastructure are some of the key points that will anchor orthopedic devices industry expansion across Brazil. Reports indicate that the market in Brazil was valued at more than USD 476 million in the year 2020 and is projected to grow at a momentous growth rate of 7.0% over the prediction period. As per a research, the demand for lower limb surgeries is rising exponentially in the region along with rise in hospitalization for orthopedic conditions. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  3. Request for a Sample Copy of this Report @ https://www.gminsights.com/request-sample/detail/1501 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  4. Competitive Analysis • Major players operating in the hospital gowns market are tryker, Medtronic, Zimmer Biomet, DJO Global, ConforMIS, NuVasive, MicroPort Scientific Corporation (Wright Medical Group), Globus Medical, Medacta, DePuySynthes and Smith & Nephew • Regional Analysis • It is projected that the industry will exponential growth ascribed to gaining prevalence of sports injuries among individuals. Inclination towards physical activities among adults and children could potentially cause a surge in cases of sports injuries. The U.S. Bureau of Labor Statistics specifies that more than 19% of Americans aged 15 years or above took part in sports-related physical activities in 2015, as compared to 15.9% in the last decade. Request for Customization @ https://www.gminsights.com/roc/1501 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  5. Latest Research Report On Orthopedic Devices Market @ https://www.gminsights.com/industry-analysis/orthopedic-devices-market Request for sample of this research report @ https://www.gminsights.com/request-sample/detail/1501 Request for customization: https://www.gminsights.com/roc/1501 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

  6. Stay In Touch You can visit us at: www.gminsights.com Thank You…! © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com www.gminsights.com

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