The material technologies in orthopedic device have undergone significant change in recent years, with polyaryletherketones (PAEKs) based orthopedic implant material to metals and biologic orthopedic implants. The rising wave of new technologies such as polymers, metals and biologics are creating significant potential for advanced orthopedic devices in various medical platforms due to its improved strength and durability.
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In orthopedic device market, various material technologies such as polymers, metals, ceramics, and biologics are used in the hip replacement, knee replacement, ankle replacement, and shoulder replacement applications. Increasing incidence of road accidents & sports injuries and spurring demand for minimally invasive surgical procedures are creating new opportunities for various orthopedic device technologies.
Lucintel, a leading global Management Consulting and market research firm with over 1,000 clients worldwide, has analyzed the technologies used in orthopedic device market and it has now published a comprehensive research report titled “Technology Landscape, Trends and Opportunities in the Global Orthopedic Device Market”. This report analyzes technology maturity, degree of disruption, competitive intensity, market potential and other parameters of various technologies in orthopedic device market.
Lucintel study finds that orthopedic device technology is forecast to grow at a CAGR of 4% from 2019 to 2024. Metal is the largest segment of this market. Medtronic, DePuy Synthes, Stryker Corporation, NuVasive, Zimmer Biomet Holdings, Globus Medical, Alphatec Holdings, Orthofix International, K2M Group Holdings, and RTI Surgical are among the major players in the orthopedic device market.
The Lucintel report serves as a catalyst for growth as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global orthopedic device technology by material technology, application, and region as follows:
Technology Readiness by Material Technology
Competitive Intensity and Regulatory Compliance
Disruption Potential by Material Technology
Trends and Forecasts by Material Technology Type [$M shipment analysis from 2013 to 2024]:
Polymers Based
Metals Based
Ceramics Based
Biologics Based
Technology Trends and Forecasts by Application [$M shipment analysis from 2013 to 2024]:
Hip Replacement
Polymers Based
Metals Based
Ceramics Based
Biologics Based
Knee Replacement
Polymers Based
Metals Based
Ceramics Based
Biologics Based
Ankle Replacement
Polymers Based
Metals Based
Ceramics Based
Biologics Based
Shoulder Replacement
Polymers Based
Metals Based
Ceramics Based
Biologics Based
Others
Polymers Based
Metals Based
Ceramics Based
Biologics Based
Technology Trends and Forecasts by Region [$M shipment analysis for 2013 to 2024]:
United States
Canada
Mexico
United Kingdom
Germany
France
Japan
China
South Korea
India
Latest Developments and Innovations in the Orthopedic Device Technologies
Companies / Ecosystems
Strategic Opportunities by Material Technology
A more than 150-pages of research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/technology-orthopedic-device-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.