Orthopedics Summit 2020: A skeptical and detailed analysis on the trends of market
With great interest and enthusiasm, the organizing committee of Cardiology Meetings announces the commencement of “15thGlobal Summit and Expo on Orthopedics and Rheumatology” that has been scheduled on November 09-10, 2020in the city known for its artistic heritage, elaborate canal system and narrow houses with gabled facades, Amsterdam, Netherlands, with the theme: “Retrospective and Contemporary aspects in Orthopedics and Rheumatology”, which is expected to be attended by world-class pioneers in the field of orthopedics and groundbreaking veterans with the knowledge of every minute details of Bone, Arthritis, Arthroplasty, Hip & Knee Replacement.
Market Analysis
Orthopedics Devices Growth: Global Market Research Report:
This market research report on the orthopedics devices provides the clear picture on the various business sectors in the field of recent development of devices. It also provides market forecasts for the upcoming years. The report profiles some of the leading players in the global market for the purpose of an in-depth study of the challenges faced by the industry as well as the growth opportunities in the market.The global orthopedic therapeutics market is expected and all set to grow and see rapid innovation with the introduction of novel drugs and devices entering the market.
Orthopedic Devices Market size was valued at USD 42.7 billion in 2018 and is expected to witness approximately 3.7% CAGR from 2019 to 2025.
Growing geriatric population base is highly susceptible for developing bone related diseases such as osteoporosis and osteoarthritis. As per WHO, the global population over 60 years is expected to reach 2 billion by 2050. Increasing base of elderly population will create significant demand for various orthopedic implants and devices.Joint reconstruction devices market is estimated to reach USD 22.4 billion by 2025. Increasing geriatric population, rising prevalence of osteoporosis and osteoarthritis and soaring incidence of road accidents and sport injuries will drive demand for artificial joint reconstruction devices.Spinal devices business will expand at 3.8% CAGR between 2019 and 2025 due to rising prevalence of degenerative disc diseases among the aged population, coupled with the novel products development for spinal disorders treatment. Most of the industry participants are exploring related business segments to broaden their product offerings and commercially exploit the lucrative market.U.S. market will reach USD 28.4 billion by 2025. Increasing adoption of advanced orthopedic solutions and improved healthcare infrastructure will stimulate business growth. Rising R&D support to develop innovative products should also augment industry expansion. Germany market size will show rapid growth of 2.5% CAGR throughout the forecast period. The presence of sophisticated healthcare infrastructure, adoption of advanced healthcare technologies and accelerated research in the field of orthobiologics and arthroscopic devices should fuel industry growth.
Orthopedic Implants Market Outlook – 2025
The orthopedic implants market accounted for $45,901 million in 2017 is expected to reach $66,636 million by 2025, registering a CAGR of 4.7% from 2018 to 2025.Orthopedic implants are manufactured to replace or support a missing or damaged bone or joint. These implants are intended to treat the deformities, stabilize body posture, and restore the normal skeletal function. The orthopedic implants market has witnessed a shift from conventional surgical procedures to the use of modern fixation and prosthetic devices. The demand for orthopedic implants has increased significantly, owing to rise in geriatric population that increases the risk of osteoporosis, osteoarthritis, technological innovations in the orthopedic implants, and other musculoskeletal disorders. However, high cost associated with procedures involving orthopedic implants treatment and stringent government policies for approval of orthopedic implants can hamper the orthopedic implants market growth. Furthermore, the emerging economies present lucrative opportunities for the market.
Orthopedic Implants Market Outlook – 2025
The orthopedic implants market accounted for $45,901 million in 2017 is expected to reach $66,636 million by 2025, registering a CAGR of 4.7% from 2018 to 2025.Orthopedic implants are manufactured to replace or support a missing or damaged bone or joint. These implants are intended to treat the deformities, stabilize body posture, and restore the normal skeletal function. The orthopedic implants market has witnessed a shift from conventional surgical procedures to the use of modern fixation and prosthetic devices. The demand for orthopedic implants has increased significantly, owing to rise in geriatric population that increases the risk of osteoporosis, osteoarthritis, technological innovations in the orthopedic implants, and other musculoskeletal disorders. However, high cost associated with procedures involving orthopedic implants treatment and stringent government policies for approval of orthopedic implants can hamper the orthopedic implants market growth. Furthermore, the emerging economies present lucrative opportunities for the market.
Key Benefits for Orthopedic Implants Market:
• The study provides an in-depth analysis of the market along with the current orthopedic implants market trends and future estimations to elucidate the imminent investment pockets.
• It offers a quantitative analysis from 2017 to 2025, which is expected to enable the stakeholders to capitalize on the prevailing orthopedic implants market opportunity.
• A comprehensive orthopedic implants market analysis of all the regions is provided to determine the prevailing opportunities.
• The profiles and growth strategies of the key players are thoroughly analyzed to understand the competitive outlook of the global market.
• Orthopedic implants market forecast is studied from 2018 to 2025.
For more information contact:
Sarah Bruce | Scientific Relations Manager
Tel: +44-2039363178
Orthopedics Summit 2020
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