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Medical Implants Market 2020 Industry Research Report - Global Forecast To 2025
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Global Medical Implants Market Estimated to Grow Exponentially at a 6.8% CAGR Over the Forecast Period of 2017 to 2023 The global Medical Implants Market is estimated to grow significantly due to the increasing prevalence of orthopedic conditions, such as degenerative bone disease osteoporosis, fractures, arthritis, and a growing number of road accidents are some of the major factors driving the market for orthopedic devices. increasing prevalence of obesity, the changes in the sedentary lifestyle of consumers along with long working hours, and the rising popularity of sports result in the early onset of musculoskeletal disorders which boosts the market. According to a report published by Market Research Future (MRFR), the global Medical Implants Market is anticipated to grow substantially at a CAGR of approximately 6.8% through the forecast period of 2017 to 2023. Avail Free Sample Copy@ https://www.marketresearchfuture.com/sample_request/838 Orthopedic implants are placed inside the body’s skeleton and muscle systems to rectify existing problems or provide stability. Important factors such as a rise in the prevalence of orthopedic injuries or diseases and the rapid growth in the geriatric population globally are propelling the growth of the global Medical Implants Market. Moreover, technological innovations, such as implantable medical devices, robot-assisted surgical devices, and a wide range of applications of orthopedic implants for orthopedic diseases and musculoskeletal diseases treatment further contribute to market growth. Medical Implants Market -Key Players Top Industry Key players in the global market for Medical Implants Market are, The Orthopedic Implant Company Depuy Synthes Inc. (Johnson & Johnson) NuVasive Inc. Globus Medical Inc. Stryker Corporation Zimmer Biomet Holdings Inc. Integra LifeSciences Holdings Corporation Medtronic plc
Aesculap Implant Systems BioTek Instruments Inc. Conmed Corporation Arthrocare Corporation Wright Medical Group N.V. Smith & Nephew plc. and others. However, the high expenditure linked with procedures involving orthopedic implants for treatment and the stringent government policies hampers the market growth. Technological advancements and product development are estimated to sustain and enhance market growth over the forecast period. Inquire for an Exclusive Discount on https://www.marketresearchfuture.com/check-discount/838 Medical Implants Market -Segmental Analysis The global Medical Implants Market is segmented based on the product type, device type, procedure, biomaterial, application, and end-user. Types: - the global Medical Implants Market has been segmented into spinal implants, reconstructive joint implants, dental implants, trauma & craniomaxillofacial implants, orthobiologics, and others. Device Type: - the global Medical Implants Market has been segmented into internal fixation devices and external fixation devices. External fixation devices are sub-segmented into orthopedic rods/wires, orthopedic plates, orthopedic screws, fixation pins, and orthopedic nails. Procedure Type: - the global Medical Implants Market has been segmented as open surgery, Minimally Invasive Surgery (MIS), and others. Biomaterial Type: - the global Medical Implants Market has been segmented into metallic biomaterials, ceramic biomaterials, polymer biomaterials, and natural biomaterials. Application: - the global Medical Implants Market has been segmented into neck fracture, hip replacement, spine fracture, shoulder replacement, and others. End-user: - the global Medical Implants Market has been segmented into hospitals, home cares, orthopedic clinics, and others. Region: - the global Medical Implants Market has been segmented into the Americas, Europe, Asia- Pacific, and the Middle East and Africa. Browse Complete Premium Research Copy Enabled with TOC@ https://www.marketresearchfuture.com/reports/orthopedic-implant-market-838
Regional Analysis The Americas have been assessed to dominate the global Medical Implants Market over the forecast period, owing to the growing geriatric population, subsequently increasing the number of patients suffering from osteoarthritis and osteoporosis. North America dominates the Medical Implants Market with the highest market share. Total joint arthroplasty is estimated to contribute to the market share due to the increasing demand and rising expenditure. additionally, the steady shift towards minimally invasive procedures is expected to drive the market growth in the American region over the forecast period. Europe is the second largest regional market for the global Medical Implants Market owing to the rise in the geriatric population, the growing demand for orthopedic implants and treatment devices for spinal disorders, and these factors are estimated to create opportunities for the sale of orthopedic implants, consequently driving the growth of the Medical Implants Market in the European region. Asia-Pacific is an emerging market for orthopedic implants, owing to the growing awareness related to the commercial availability of orthopedic implants among consumers, thriving medical tourism, and the frequently improving healthcare infrastructure. China, India, and Japan are expected to witness the fastest growth during the forecast period. About Market Research Future: MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact: Market Research Future +1 646 845 9312 Email: sales@marketresearchfuture.com