The Orthopedic Implants Market to grow by 6.62.% from 2022 to 2027| Amplitude SAS, Arthrex Inc., Auxein Medical Inc., and more to emerge as key players- Technavio

NEW YORK, July 19, 2023 /PRNewswire/ -- The predicted growth of the orthopedic implants market size from 2021 to 2026 is USD 14,061.6 million at a progressing CAGR of 6.62%, according to Technavio.The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Technavio report analyzes the market's competitive landscape and offers information on several market vendors including - Amplitude SAS, Arthrex Inc., Auxein Medical Inc., B.Braun SE, Conmed Corp., Corin Group PLC, Enovis Corp., Globus Medical Inc., icotec AG, Johnson and Johnson Services Inc., Medtronic Plc, Narang Medical Ltd., Naton Medical Group, Orthofix Medical Inc., OrthoPediatrics Corp., Pega Medical Inc., RTI Surgical Inc., Smith and Nephew plc, Stryker Corp., and Zimmer Biomet Holdings Inc. Download the sample report

Orthopedic Implants Market Insights -

• Vendors: 15+, Including Amplitude SAS, Arthrex Inc., Auxein Medical Inc., B.Braun SE, Conmed Corp., Corin Group PLC, Enovis Corp., Globus Medical Inc., icotec AG, Johnson and Johnson Services Inc., Medtronic Plc, Narang Medical Ltd., Naton Medical Group, Orthofix Medical Inc., OrthoPediatrics Corp., Pega Medical Inc., RTI Surgical Inc., Smith and Nephew plc, Stryker Corp., and Zimmer Biomet Holdings Inc., among others
• Coverage: Parent market analysis; key drivers, major trends, and challenges; customer and vendor landscape; vendor product insights and recent developments; key vendors; and market positioning of vendors
• Segments: Product (Joint reconstruction implants, Spinal implants, and Craniomaxillofacial implants), End-user (Hospitals, Orthopedic Clinics, and Others), and Geography (North America, Europe, Asia, and Rest of World (ROW))

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Key Driver- The rising prevalence of orthopedic conditions is one of the key factors driving growth in the orthopedic implant market. A higher prevalence of conditions like fractures from sports injuries, spinal deformities such as scoliosis, tendon injuries, disc degeneration, and others has resulted in a greater demand for orthopedic implants. Furthermore, the elderly population is particularly susceptible to fractures and osteoporosis, leading to a rise in demand for orthopedic implants due to the growing number of older individuals worldwide. About 1-3 million osteoporosis-related fractures occur each year in the US. The need for orthopedic implants for bone fixation is expected to increase because of the high incidence of osteoporosis and the significant rise in fracture rates. Manufacturers are entering the lucrative market to introduce new and innovative products, aiming to attract a larger customer base. Hence, these factors are expected to drive market growth during the forecast period.

Major Trends- The rising number of strategic alliances is a major orthopedic implant market trend that is expected to have a positive impact in the coming years. Strategic partnerships can help companies that manufacture medical equipment to pursue additional opportunities for growth without bearing significant financial burdens. Furthermore, collaborating for product development and commercialization allows vendors to enjoy several advantages, including cost control, expanded product offerings, and broader geographic coverage. Moreover, the growing trend of partnerships, licensing agreements, and collaborations between vendors and distribution channel partners will further enhance the global presence of these vendors. Hence, these increasing partnerships among companies are expected to drive market growth during the forecast period.

Significant Challenges- The high costs associated with orthopedic implants and procedures are a significant challenge restricting market growth. Orthopedic implants play an important role in treating orthopedic conditions affecting joints, spine, and maxillofacial areas. Furthermore, the price of these implants is determined by their specific applications and features. Moreover, different types of orthopedic implants also come with varying costs. In terms of diagnosis, imaging methods like CT scans or X-ray scans are commonly used. However, the average cost of a CT scan for an orthopedic procedure typically falls within the range of $750 to $1,300. Repeated tests can add to the financial burden on patients. Therefore, it is important to consider the cumulative costs over time. Hence, these factors are expected to hamper the market growth during the forecast period.

Drivers, Trends & Challenges have an impact on market dynamics and can impact businesses. Find some insights from a sample report!

The orthopedic implants market report provides critical information and factual data, with a qualitative and quantitative study of the market based on market drivers and limitations as well as prospects.

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What are the key data covered in this Orthopedic Implants Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the orthopedic implants market between 2023 and 2027
• Precise estimation of the size of the orthopedic implants market and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the orthopedic implants market across North America, Europe, Asia, and the Rest of the World (ROW)
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of orthopedic implants market vendors

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Orthopedic Implants Market Scope

Table of Contents

1 Executive Summary

• 1.1 Market Overview
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
• Exhibit 06: Executive Summary – Chart on Incremental Growth
• Exhibit 07: Executive Summary – Data Table on Incremental Growth
• Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem
• Exhibit 09: Parent market
• Exhibit 10: Market Characteristics

3 Market Sizing

• 3.1 Market definition
• Exhibit 11: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 12: Market segments

• 3.3 Market size 2021

• 3.4 Market outlook: Forecast for 2021-2026 
• Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
• Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
• Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

• 4.1 Five forces summary
• Exhibit 17: Five forces analysis - Comparison between2021 and 2026

• 4.2 Bargaining power of buyers 
• Exhibit 18: Chart on Bargaining power of buyers – Impact of key factors 2021 and 2026

• 4.3 Bargaining power of suppliers 
• Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026

• 4.4 Threat of new entrants 
• Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026

• 4.5 Threat of substitutes 
• Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026

• 4.6 Threat of rivalry
• Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026

• 4.7 Market condition
• Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

• 5.1 Market segments
• Exhibit 24: Chart on Product - Market share 2021-2026 (%)
• Exhibit 25: Data Table on Product - Market share 2021-2026 (%)

• 5.2 Comparison by Product 
• Exhibit 26: Chart on Comparison by Product
• Exhibit 27: Data Table on Comparison by Product

• 5.3 Joint reconstruction implants - Market size and forecast 2021-2026 
• Exhibit 28: Chart on Joint reconstruction implants - Market size and forecast 2021-2026 ($ million)
• Exhibit 29: Data Table on Joint reconstruction implants - Market size and forecast 2021-2026 ($ million)
• Exhibit 30: Chart on Joint reconstruction implants - Year-over-year growth 2021-2026 (%)
• Exhibit 31: Data Table on Joint reconstruction implants - Year-over-year growth 2021-2026 (%)

• 5.4 Spinal implants - Market size and forecast 2021-2026 
• Exhibit 32: Chart on Spinal implants - Market size and forecast 2021-2026 ($ million)
• Exhibit 33: Data Table on Spinal implants - Market size and forecast 2021-2026 ($ million)
• Exhibit 34: Chart on Spinal implants - Year-over-year growth 2021-2026 (%)
• Exhibit 35: Data Table on Spinal implants - Year-over-year growth 2021-2026 (%)

• 5.5 Craniomaxillofacial implants - Market size and forecast 2021-2026 
• Exhibit 36: Chart on Craniomaxillofacial implants - Market size and forecast 2021-2026 ($ million)
• Exhibit 37: Data Table on Craniomaxillofacial implants - Market size and forecast 2021-2026 ($ million)
• Exhibit 38: Chart on Craniomaxillofacial implants - Year-over-year growth 2021-2026 (%)
• Exhibit 39: Data Table on Craniomaxillofacial implants - Year-over-year growth 2021-2026 (%)

• 5.6 Market opportunity by Product 
• Exhibit 40: Market opportunity by Product ($ million)

6 Customer Landscape

• 6.1 Customer landscape overview 
• Exhibit 41: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

• 7.1 Geographic segmentation 
• Exhibit 42: Chart on Market share by geography 2021-2026 (%)
• Exhibit 43: Data Table on Market share by geography 2021-2026 (%)

• 7.2 Geographic comparison 
• Exhibit 44: Chart on Geographic comparison
• Exhibit 45: Data Table on Geographic comparison

• 7.3 North America - Market size and forecast 2021-2026 
• Exhibit 46: Chart on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 47: Data Table on North America - Market size and forecast 2021-2026 ($ million)
• Exhibit 48: Chart on North America - Year-over-year growth 2021-2026 (%)
• Exhibit 49: Data Table on North America - Year-over-year growth 2021-2026 (%)

• 7.4 Europe - Market size and forecast 2021-2026 
• Exhibit 50: Chart on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 51: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
• Exhibit 52: Chart on Europe - Year-over-year growth 2021-2026 (%)
• Exhibit 53: Data Table on Europe - Year-over-year growth 2021-2026 (%)

• 7.5 Asia - Market size and forecast 2021-2026 
• Exhibit 54: Chart on Asia - Market size and forecast 2021-2026 ($ million)
• Exhibit 55: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
• Exhibit 56: Chart on Asia - Year-over-year growth 2021-2026 (%)
• Exhibit 57: Data Table on Asia - Year-over-year growth 2021-2026 (%)

• 7.6 Rest of World (ROW) - Market size and forecast 2021-2026 
• Exhibit 58: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
• Exhibit 59: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
• Exhibit 60: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
• Exhibit 61: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)

• 7.7 US - Market size and forecast 2021-2026 
• Exhibit 62: Chart on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 63: Data Table on US - Market size and forecast 2021-2026 ($ million)
• Exhibit 64: Chart on US - Year-over-year growth 2021-2026 (%)
• Exhibit 65: Data Table on US - Year-over-year growth 2021-2026 (%)

• 7.8 Germany - Market size and forecast 2021-2026 
• Exhibit 66: Chart on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 67: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
• Exhibit 68: Chart on Germany - Year-over-year growth 2021-2026 (%)
• Exhibit 69: Data Table on Germany - Year-over-year growth 2021-2026 (%)

• 7.9 China - Market size and forecast 2021-2026 
• Exhibit 70: Chart on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 71: Data Table on China - Market size and forecast 2021-2026 ($ million)
• Exhibit 72: Chart on China - Year-over-year growth 2021-2026 (%)
• Exhibit 73: Data Table on China - Year-over-year growth 2021-2026 (%)

• 7.10 UK - Market size and forecast 2021-2026 
• Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
• Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
• Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)

• 7.11 Canada - Market size and forecast 2021-2026 
• Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
• Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
• Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)

• 7.12 Market opportunity by geography 
• Exhibit 82: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

• 8.1 Market drivers

• 8.2 Market challenges

• 8.3 Impact of drivers and challenges 
• Exhibit 83: Impact of drivers and challenges in 2021 and 2026

• 8.4 Market trends

9 Vendor Landscape

• 9.1 Overview

• 9.2 Vendor landscape
• Exhibit 84: Overview on Criticality of inputs and Factors of differentiation

• 9.3 Landscape disruption
• Exhibit 85: Overview on factors of disruption

• 9.4 Industry risks
• Exhibit 86: Impact of key risks on business

10 Vendor Analysis

• 10.1 Vendors covered
• Exhibit 87: Vendors covered

• 10.2 Market positioning of vendors 
• Exhibit 88: Matrix on vendor position and classification

• 10.3 Amplitude SAS
• Exhibit 89: Amplitude SAS - Overview
• Exhibit 90: Amplitude SAS - Product / Service
• Exhibit 91: Amplitude SAS - Key offerings

• 10.4 B. Braun SE
• Exhibit 92: B. Braun SE - Overview
• Exhibit 93: B. Braun SE - Business segments
• Exhibit 94: B. Braun SE - Key news
• Exhibit 95: B. Braun SE - Key offerings
• Exhibit 96: B. Braun SE - Segment focus

• 10.5 Conmed Corp.
• Exhibit 97: Conmed Corp. - Overview
• Exhibit 98: Conmed Corp. - Business segments
• Exhibit 99: Conmed Corp. - Key offerings
• Exhibit 100: Conmed Corp. - Segment focus

• 10.6 Globus Medical Inc.
• Exhibit 101: Globus Medical Inc. - Overview
• Exhibit 102: Globus Medical Inc. - Product / Service
• Exhibit 103: Globus Medical Inc. - Key offerings

• 10.7 Johnson and Johnson
• Exhibit 104: Johnson and Johnson - Overview
• Exhibit 105: Johnson and Johnson - Business segments
• Exhibit 106: Johnson and Johnson - Key news
• Exhibit 107: Johnson and Johnson - Key offerings
• Exhibit 108: Johnson and Johnson - Segment focus

• 10.8 Medtronic Plc
• Exhibit 109: Medtronic Plc - Overview
• Exhibit 110: Medtronic Plc - Business segments
• Exhibit 111: Medtronic Plc - Key news
• Exhibit 112: Medtronic Plc - Key offerings
• Exhibit 113: Medtronic Plc - Segment focus

• 10.9 Nuvasive Inc.
• Exhibit 114: Nuvasive Inc. - Overview
• Exhibit 115: Nuvasive Inc. - Business segments
• Exhibit 116: Nuvasive Inc. - Key news
• Exhibit 117: Nuvasive Inc. - Key offerings
• Exhibit 118: Nuvasive Inc. - Segment focus

• 10.10 Orthofix Medical Inc. 
• Exhibit 119: Orthofix Medical Inc. - Overview
• Exhibit 120: Orthofix Medical Inc. - Business segments
• Exhibit 121: Orthofix Medical Inc. - Key news
• Exhibit 122: Orthofix Medical Inc. - Key offerings
• Exhibit 123: Orthofix Medical Inc. - Segment focus

• 10.11 Smith and Nephew plc
• Exhibit 124: Smith and Nephew plc - Overview
• Exhibit 125: Smith and Nephew plc - Business segments
• Exhibit 126: Smith and Nephew plc - Key news
• Exhibit 127: Smith and Nephew plc - Key offerings
• Exhibit 128: Smith and Nephew plc - Segment focus

• 10.12 Stryker Corp.
• Exhibit 129: Stryker Corp. - Overview
• Exhibit 130: Stryker Corp. - Business segments
• Exhibit 131: Stryker Corp. - Key news
• Exhibit 132: Stryker Corp. - Key offerings
• Exhibit 133: Stryker Corp. - Segment focus

11 Appendix

• 11.1 Scope of the report

• 11.2 Inclusions and exclusions checklist 
• Exhibit 134: Inclusions checklist
• Exhibit 135: Exclusions checklist

• 11.3 Currency conversion rates for US$ 
• Exhibit 136: Currency conversion rates for US$

• 11.4 Research methodology
• Exhibit 137: Research methodology
• Exhibit 138: Validation techniques employed for market sizing
• Exhibit 139: Information sources

• 11.5 List of abbreviations
• Exhibit 140: List of abbreviations

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