Orthopedic Repair Market Rising Demand from Developing Nations Influencing Market Growth in the Coming Years

Posted on 2019-05-30 by Mark Hub in Healthcare // 0 Comments

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The growing prevalence and recurrence of diverticular disease is expected to be the major factor driving the growth of the orthopedic repair market over the forecast period. It is anticipated that several areas will affect the Orthopedic Repair Market. Patient-specific surgeries and implants are expected to drive the orthopedic repair market. Various tools have been developed in the orthopedic repair market in order to improve accuracy, and also by customizing surgical cutting blocks to a patient’s anatomy. In personalized healthcare, various surgeries in the orthopedic repair market, such as spinal, maxillofacial, and prosthetic devices will drive the orthopedic repair market. However, high prices and lack of awareness in developing economies are expected to hinder the growth of the orthopedic repair market.

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Orthopedic repair is also called orthopedic surgery or orthopedics, which is a branch of medicine that deals with the conditions involving the musculoskeletal system. Orthopedic doctors use both, surgical and non-surgical means to treat musculoskeletal anomalies, spinal anomalies, and sports and trauma injuries. Orthopedic repair is basically performed on the musculoskeletal system. This includes the bones, joints, muscles, ligaments, cartilages, nerves, and connective tissues which bind various parts of the body together. A musculoskeletal anomaly in any part of the body can have an enormous impact on an individual’s day-to-day activities. There are a range of treatments in order to correct such problems. The most common treatment method for various orthopedic injuries and conditions is the construction and repair of the injured body part with a surgery. Surgical construction and repair of a joint, bone, muscle, cartilage or nerve can be completed with various procedures like fusion, internal fixation, osteotomy, soft tissue repair, and arthroscopy.

Orthopedic Repair Market: Overview

The global market for orthopedic repair is expected to witness moderate growth over the forecast period. A majority of the surgeries are readily available in various hospitals, orthopedic clinics, ambulatory surgical centers, and specialty clinics. Amongst the end users in Orthopedic Repair market, the hospitals and ambulatory surgical centers segments are expected to lead in the global orthopedic repair market over the forecast period. Amongst the surgery types, the global orthopedic repair market is expected to be dominated by spinal and lower extremity surgeries, owing to the increasing incidences of spinal and lower extremity anomalies.

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Geographically, the global orthopedic repair market is segmented into North America, Latin America, Europe, CIS & Russia, Asia Pacific excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA). North America is expected to be the dominant market in the global orthopedic repair market, owing to the high prevalence of orthopedic anomalies. The orthopedic repair market in Asia Pacific excluding Japan is expected to grow at a significant CAGR, due to the expansion of product offerings by key players. Europe is expected to have the second-largest share in the global orthopedic repair market throughout the forecast period.

Orthopedic Repair Market: Key Players

The global market for Orthopedic Repair Market is highly fragmented. Examples of some of the key players operating in the global orthopedic repair market are Zimmer Biomet, Z-Medical GmbH + Co. KG, USTOMED INSTRUMENTE, Synimed Synergie Ingénierie Médicale SARL, Stryker Corporation, Joline GmbH & Co. KG, JEIL MEDICAL CORPORATION, iMEDICOM, EgiFix Medical, and others.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, and inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.

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