Rising Prevalence And Recurrence of Diverticular Disease Is Expected To Be The Major Factor Driving The Growth Of The Orthopedic Repair Market Over The Forecast Period
Orthopedic repair is also called orthopedic surgery or orthopedics, which is a branch of medicine that deals with the conditions involving the musculoskeletal system. Orthopedic doctors use both, surgical and non-surgical means to treat musculoskeletal anomalies, spinal anomalies, and sports and trauma injuries. Orthopedic repair is basically performed on the musculoskeletal system. This includes the bones, joints, muscles, ligaments, cartilages, nerves, and connective tissues which bind various parts of the body together. Global market for orthopedic repair is expected to witness moderate growth over the forecast period
A musculoskeletal anomaly in any part of the body can have an enormous impact on an individual’s day-to-day activities. There are a range of treatments in order to correct such problems. The most common treatment method for various orthopedic injuries and conditions is the construction and repair of the injured body part with a surgery. Surgical construction and repair of a joint, bone, muscle, cartilage or nerve can be completed with various procedures like fusion, internal fixation, osteotomy, soft tissue repair, and arthroscopy.
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Orthopedic Repair Market: Drivers and Restraints
The growing prevalence and recurrence of diverticular disease is expected to be the major factor driving the growth of the orthopedic repair market over the forecast period. It is anticipated that several areas will affect the orthopedic repair market. Patient-specific surgeries and implants are expected to drive the orthopedic repair market. Various tools have been developed in the orthopedic repair market in order to improve accuracy, and also by customizing surgical cutting blocks to a patient’s anatomy. In personalized healthcare, various surgeries in the orthopedic repair market, such as spinal, maxillofacial, and prosthetic devices will drive the orthopedic repair market. However, high prices and lack of awareness in developing economies are expected to hinder the growth of the orthopedic repair market.
Orthopedic Repair Market: Segmentation
Tentatively, the global orthopedic repair market can be segmented on the basis of surgery type, end user, and geography.
Based on surgery type, the global orthopedic repair market is segmented as:
- Upper Extremity
- Shoulder Anthroscopy
- Shoulder Surgery
- Maxillofacial Surgery
- Shoulder Replacement
- Orthogonathic Surgery
- Hand Surgery
- Wrist Surgery
- Lower Extremity
- Anterior Crutiate Ligament Reconstruction
- Knee Replacement Surgery
- Tibial Nailing
- Minimally Invasive Forefoot Surgery
- Femoral Fracture Surgery
- Meniscal Transplantation
- Hip Surgery
- Hip Replacement
- Spinal Surgery
- Spinal Surgery
- Spinal Osteosynthesis Surgery
- Percutaneous Kyphoplasty
- Percutaneous Vertebroplasty
- Inter-body Fusion Surgery
- Bones
- Bone Cement Injection
- Bone Grafting
- Traumatology
Based on end user, the global orthopedic repair market is segmented as:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- Trauma Centers
Based on geography, the global orthopedic repair market is segmented as:
- North America
- S.
- Canada
- Latin America
- Brazil
- Mexico
- Argentina
- Chile
- Peru
- Rest of LATAM
- Europe
- EU – 4 (Germany, France, Italy, Spain)
- K.
- BENELUX (Belgium, Netherlands, Luxemburg)
- NORDIC (Norway, Denmark, Iceland, Sweden)
- Eastern Europe (Poland, Ukraine, Czech Rep., etc.)
- Rest of Europe
- CIS & Russia
- Japan
- APEJ
- Greater China
- India
- Korea
- ASEAN Countries
- Rest of APEJ
- Middle East & Africa
- GCC Countries
- Turkey
- Iran
- Israel
- South Africa
- Rest of MEA
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Orthopedic Repair Market: Overview
The global market for orthopedic repair is expected to witness moderate growth over the forecast period. A majority of the surgeries are readily available in various hospitals, orthopedic clinics, ambulatory surgical centers, and specialty clinics. Amongst the end users in Orthopedic Repair market, the hospitals and ambulatory surgical centers segments are expected to lead in the global orthopedic repair market over the forecast period. Amongst the surgery types, the global orthopedic repair market is expected to be dominated by spinal and lower extremity surgeries, owing to the increasing incidences of spinal and lower extremity anomalies.
Orthopedic Repair Market: Regional Outlook
Geographically, the global orthopedic repair market is segmented into North America, Latin America, Europe, CIS & Russia, Asia Pacific excluding Japan (APEJ), Japan, and the Middle East and Africa (MEA). North America is expected to be the dominant market in the global orthopedic repair market, owing to the high prevalence of orthopedic anomalies. The orthopedic repair market in Asia Pacific excluding Japan is expected to grow at a significant CAGR, due to the expansion of product offerings by key players. Europe is expected to have the second-largest share in the global orthopedic repair market throughout the forecast period.
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Orthopedic Repair Market: Key Players
The global market for Orthopedic Repair Market is highly fragmented. Examples of some of the key players operating in the global orthopedic repair market are
- Zimmer Biomet
- Z-Medical GmbH + Co. KG
- USTOMED INSTRUMENTE
- Synimed Synergie Ingénierie Médicale SARL
- Stryker Corporation
- Joline GmbH & Co. KG
- JEIL MEDICAL CORPORATION
- iMEDICOM
- EgiFix Medical
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