Orthopedic consumables are orthopedic equipment or instruments that must be replaced on a regular basis due to wear or overuse. These are used to treat complicated orthopedic injuries, particularly those affecting the musculoskeletal system, which includes the spine, muscles, and joints. Drill pieces, saw blades, burrs, pins, and k-wires are among the orthopedic consumables.
MARKET DYNAMICS
Factors driving the growth of the orthopedic consumables market are the growing prevalence of accidental injuries, spinal deformities, arthritis, sports-related injuries coupled with a rising incidence of lower and upper extremity related injuries. However, the high costs of orthopedic procedures are expected to hamper the growth of the market. Moreover, favorable reimbursement scenario for orthopedic surgeries and rising in the number of orthopedic procedures at hospitals & ambulatory surgery centers, better-equipped facilities for surgical procedures is anticipated to boost the market growth.
MARKET SCOPE
The "Orthopedic Consumables Market Analysis to 2028" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of orthopedic consumables market with detailed market segmentation by product type and end user. The orthopedic consumables market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in orthopedic consumables market and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The orthopedic consumables market is segmented on the basis of product type and end user. Based on product type, the market is segmented as surgical orthopedic consumables, wound management orthopedic consumables, and others. On the basis of end-user, the market is categorized as hospitals, clinics, and ambulatory surgery centers.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the orthopedic consumables market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The orthopedic consumables market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting orthopedic consumables market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the orthopedic consumables market in these regions.
MARKET PLAYERS
The report covers key developments in the orthopedic consumables market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from orthopedic consumables market are anticipated to have lucrative growth opportunities in the future with the rising demand for orthopedic consumables in the global market. Below mentioned is the list of few companies engaged in the orthopedic consumables market.
The report also includes the profiles of key players in orthopedic consumables market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Stryker Corporation
- DePuy Synthes (part of Johnson & Johnson Family of companies)
- Zimmer Biomet Holdings, Inc.
- Wright Medical Group N.V.
- CONMED Corporation
- Medtronic plc
- Arthrex, Inc.
- B. Braun Melsungen AG
- BSN medical (an ESSITY Company)
- BIOTEK
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