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Global Orthopaedic Devices Market Forecast to 2027 -

DUBLIN--(BUSINESS WIRE)--The "Orthopaedic Devices Global Market - Forecast To 2027" report has been added to's offering.

The orthopaedic devices global market is expected to reach $53,607.2 million by 2027 growing at a high single digit CAGR.

Over the decade, due to the technological advancements with emerging and innovative technologies used under minimally invasive conditions has led to the rapid development of orthopaedic device. As a result of rapid advances, there is great expansion in the potential therapeutic application for musculoskeletal injuries, deformities and diseases.

Orthopaedic devices are used to repair, reconstruct, and replacement of various bones and joints due fractures, injuries and other birth bone defects. The market is primarily driven by the increase in incidence and prevalence of musculoskeletal diseases such as osteoarthritis, osteoporosis, spinal degenerative diseases, spondylitis, lower back pain, herniated spinal discs, and injuries due to trauma and sports activities, increase in the aging population, technological advancement, acquisitions and factors such as product recall, complications associated with implanted devices, lack of skilled and trained professionals to carry out minimally invasive surgery, high cost of the implant, surgery and also stringent regulatory policies for the product approval due to classification of the orthopaedic devices as class II and III devices are hindering the growth of the market.

Key Topics Covered:

1 Executive Summary

2 Introduction

3 Market Analysis

3.1 Introduction

3.2 Market Segmentation

3.3 Factors Influencing Market

3.3.1 Drivers and Opportunities High Prevalence and Incidence of Orthopaedic Disorders and An Increase in the Aging Population Increase in Accidents and Sports Injuries Increasing Demand for Minimally Invasive Surgeries Technological Advancements Acquisition and Collaborations as a Part of the Growth Strategy

3.3.2 Restraints and Threats Product Recalls Due to Manufacturing Errors Lack of Skilled Orthopaedic Surgeon Adverse Events and Complications With the Implantations of Orthopaedic Devices High Cost of Orthopaedic Implants and Surgery Stringent Regulatory Policies

3.4 Regulatory Affairs

3.4.1 International Organization for Standardization Iso 9001: 2015 Quality Management System Iso 13485 Medical Devices Iso /Ts 16782: 2016 Clinical Laboratory Testing Iso 10993 Biological Evaluation of Medical Devices

3.4.2 The U.S.

3.4.3 Canada

3.4.4 Europe

3.4.5 Japan

3.4.6 China

3.4.7 India

3.5 Technological Advancements

3.5.1 Introduction

3.5.2 3D Printing and Development of Patient-Specific Implants

3.5.3 Implant Materials and Coatings

3.5.4 Smart Implants

3.5.5 Evolution in the Robotic-Assisted Surgery With Smaller Incision and Post-Operative Care Reduction

3.6 Implant Materials and Coatings

3.6.1 Metals

3.6.2 Ceramics and Bioglass

3.6.3 Polymer

3.7 Porter's Five Force Analysis

3.8 Supply Chain Analysis

3.9 Reimbursement Scenario

3.10 Patent Scenario

3.11 Funding Scenario

3.12 Market Share Analysis by Major Players

3.13 Orthopaedic Devices Number of Procedures by Region

3.14 Orthopaedic Devices Company Comparison Table by Revenue, Product, Material, and Application

4 Orthopaedic Devices Global Market, by Product

4.1 Introduction

4.2 Knee

4.3 Hip

4.4 Extremities

4.4.1 Upper Extremities Shoulder Other Upper Extremities

4.4.2 Lower Extremities

4.5 Spine

4.5.1 Fusion Devices Cervical Devices Thoracolumbar Devices Interbody Devices

4.5.2 Non-Fusion Artificial Discs Dynamic Stabilization Devices Annulus Repair Devices

4.6 Craniomaxillofacial

4.7 Trauma

4.8 Sports Medicine

4.9 Orthobiologics

4.9.1 Synthetics

4.9.2 Demineralized Bone Matrix

4.9.3 Machined Bone Allograft

4.9.4 Other Orthobiologics

5 Orthopaedic Global Market, by Surgery Type

5.1 Introduction

5.2 Open Surgery

5.3 Minimally Invasive Surgery

5.4 Robotic Assisted Surgery

6 Orthopaedic Devices Global Market, by End-Users

6.1 Introduction

6.2 Hospitals

6.3 Ambulatory Surgical Centers

6.4 Orthopaedic Clinics

7 Regional Analysis

7.1 Introduction

8 Competitive Landscape

8.1 Introduction

8.2 Product Launch

8.3 Product Approval

8.4 Acquisition

8.5 Agreements

8.6 Other Developments

9 Major Companies

9.1 Arthrex Inc

9.1.1 Overview

9.1.2 Financials

9.1.3 Product Portfolio

9.1.4 Key Developments

9.1.5 Business Strategy

9.1.6 SWOT Analysis

9.2 B. Braun Melsungen AG

9.3 Colfax Corporation (Djo, LLC)

9.4 Globus Medical, Inc.

9.5 Johnson & Johnson (Depuy Synthes)

9.6 Medtronic Public Limited Company

9.7 Nuvasive Inc.

9.8 Smith & Nephew plc

9.9 Stryker Corporation

9.10 Zimmer Biomet Holdings, Inc

For more information about this report visit

Laura Wood, Senior Press Manager
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Last Updated: 19-Jan-2021