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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.

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.

This report analyzes technology maturity, degree of disruption, competitive intensity, market potential, and other parameters of various technologies in the orthopedic device market. Some insights are depicted below by a sample figure. For more details on figures, the companies researched, and other objectives/benefits on this research report, please download the report brochure.


Global Orthopedic Device Market by Technology Type
 

Technology Trends in Global Orthopedic Device Market
 

Orthopedic Device Technology Heat Map


The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global orthopedic device technology by application, technology, 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]:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • United Kingdom
    • Germany
    • France
  • Asia Pacific
    • Japan
    • China
    • South Korea
    • India
  • The Rest of the World
Latest Developments and Innovations in the Orthopedic Device Technologies

Companies / Ecosystems

Strategic Opportunities by Material Technology

Some of the orthopedic device companies profiled in this report include Medtronic, DePuy Synthes, Stryker Corporation, NuVasive, Zimmer Biomet Holdings, Globus Medical, Alphatec Holdings, Orthofix International, K2M Group Holdings, and RTI Surgical.

This report answers following 9 key questions:
Q.1 What are some of the most promising and high-growth technology opportunities for the orthopedic device market?
Q.2 Which technology will grow at a faster pace and why?
Q.3 What are the key factors affecting dynamics of different technologies? What are the drivers and challenges of these technologies in orthopedic device market?
Q.4 What are the levels of technology readiness, competitive intensity and regulatory compliance in this technology space?
Q.5 What are the business risks and threats to these technologies in orthopedic device market?
Q.6 What are the latest developments in orthopedic device technologies? Which companies are leading these developments? 
Q.7 Which technologies have potential of disruption in this market?
Q.8 Who are the major players in this orthopedic device market? What strategic initiatives are being implemented by key players for business growth?
Q.9 What are strategic growth opportunities in this orthopedic device technology space?
Table of Contents

1. Executive Summary

2. Technology Landscape
2.1. Technology Background and Evolution
2.2. Technology and Application Mapping
2.3. Supply Chain

3. Technology Readiness
3.1. Technology Commercialization and Readiness
3.2. Drivers and Challenges in Orthopedic Device Technologies
3.3. Competitive Intensity
3.4. Regulatory Compliance

4. Technology Trends and Forecasts Analysis from 2013-2024
4.1. Orthopedic Device Opportunity
4.2. Technology Trends (2013-2018) and Forecasts (2019-2024)
4.2.1. Polymers Based
4.2.2. Metals Based
4.2.3. Ceramics Based
4.2.4. Biologics Based
4.3. Technology Trends (2013-2018) and Forecasts (2019-2024) by Application Segments
4.3.1. Hip Replacement
4.3.1.1. Polymers Based
4.3.1.2. Metals Based
4.3.1.3. Ceramics Based
4.3.1.4. Biologics Based
4.3.2. Knee replacement
4.3.2.1. Polymers Based
4.3.2.2. Metals Based
4.3.2.3. Ceramics Based
4.3.2.4. Biologics Based
4.3.3. Ankle Replacement
4.3.3.1. Polymers Based
4.3.3.2. Metals Based
4.3.3.3. Ceramics Based
4.3.3.4. Biologics Based
4.3.4. Shoulder Replacement
4.3.4.1. Polymers Based
4.3.4.2. Metals Based
4.3.4.3. Ceramics Based
4.3.4.4. Biologics Based
4.3.5. Others
4.3.5.1. Polymers Based
4.3.5.2. Metals Based
4.3.5.3. Ceramics Based
4.3.5.4. Biologics Based

5. Technology Opportunities (2013-2024) by Region
5.1. Orthopedic Device Market by Region
5.2. North American Orthopedic Device Technology Market
5.2.1. United States Orthopedic Device Technology Market
5.2.2. Canadian Orthopedic Device Technology Market
5.2.3. Mexican Orthopedic Device Technology Market
5.3. European Orthopedic Device Technology Market
5.3.1. The United Kingdom Orthopedic Device Technology Market
5.3.2. German Automotive Orthopedic Device Technology Market
5.3.3. French Automotive Orthopedic Device Technology Market
5.4. APAC  Orthopedic Device Technology Market
5.4.1. Chinese Orthopedic Device System Technology Market
5.4.2. Japanese Orthopedic Device System Technology Market
5.4.3. Indian Orthopedic Device System Technology Market
5.4.4. South Korean Orthopedic Device Technology Market
5.5. ROW Orthopedic Device Technology Market

6. Latest Developments and Innovations in the Orthopedic Device Technologies

7. Companies / Ecosystem
7.1. Product Portfolio Analysis
7.2. Market Share Analysis
7.3. Geographical Reach

8. Strategic Implications
8.1. Implications
8.2. Growth Opportunity Analysis
8.2.1. Growth Opportunities for the Orthopedic Device Market by Material Technology
8.2.2. Growth Opportunities for the Orthopedic Device Market by Application
8.2.3. Growth Opportunities for the Orthopedic Device Market by Region
8.3. Emerging Trends in the Orthopedic Device Market
8.4. Disruption Potential
8.5. Strategic Analysis
8.5.1. New Product Development
8.5.2. Capacity Expansion of the Orthopedic Device Market
8.5.3. Mergers, Acquisitions, and Joint Ventures in the Orthopedic Device Market  

9. Company Profiles of Leading Players
9.1. Medtronic
9.2. DePuy Synthes
9.3. Stryker Corporation
9.4. NuVasive
9.5. Zimmer Biomet Holdings
9.6. Globus Medical
9.7. Alphatec Holdings
9.8. Orthofix International
9.9. K2M Group Holdings
9.10. RTI Surgical
.

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Lucintel has been in the business of market research and management consulting since 1998 and has published over 750 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:

  • In-depth interviews of the major players in this market
  • Detailed secondary research for technology related published data
  • Extensive searches of different company’s product and technology development, published works, market, and database information pertaining to industry technology related news, and company press releases
  • A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.

Extensive research and interviews are conducted to identify emerging technologies, technology readiness, competitive intensity, regulatory compliance, disruption potential, technology trends, and strategic implications.         
Below is a brief summary of the primary interviews that were conducted by both job function and region for this report.
 
Technology Primary Interviews by Job FunctionTechnology Primary Interviews by Region

Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.