Global Orthopedic Implant Devices Market Insights, Forecast to 2028

Orthopedic implants are medical devices used to provide fixation for the bone. In this method, surfaces of the joints are replaced in the human body using these implants. They also help surgeons to replace, fix and even strengthen joints in the damaged areas. Because of the complications of this type of surgery, only highly skilled surgeons, specialized in this particular field, perform orthopedic implants.
Market Analysis and Insights: Global Orthopedic Implant Devices Market
Due to the COVID-19 pandemic, the global Orthopedic Implant Devices market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Metal accounting for % of the Orthopedic Implant Devices global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Trauma segment is altered to an % CAGR throughout this forecast period.
China Orthopedic Implant Devices market size is valued at US$ million in 2021, while the US and Europe Orthopedic Implant Devices are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Orthopedic Implant Devices landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Orthopedic Implant Devices include DePuy Synthes, Stryker, Smith & Nephew, Zimmer Biomet, Medtronic, NuVasive, Globus Medical, B. Braun Aesculap and Wright Medica, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
Global Orthopedic Implant Devices Scope and Segment
Orthopedic Implant Devices market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Orthopedic Implant Devices market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Metal
Polymer
Ceramics
Composite Material
Segment by Application
Trauma
Spine
Joints
By Company
DePuy Synthes
Stryker
Smith & Nephew
Zimmer Biomet
Medtronic
NuVasive
Globus Medical
B. Braun Aesculap
Wright Medica
Acumed
MicroPort
Orthofix
WEGO
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE