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Aug 30, 2019 1:22 PM ET

Global Orthopedic Implants Market is likely to witness CAGR of 4.7% from 2019 to 2030


Global Orthopedic Implants Market is likely to witness CAGR of 4.7% from 2019 to 2030

iCrowd Newswire - Aug 30, 2019

Orthopedic Implants Market can be segmented into North America, Europe, Asia Pacific, and Rest of World (ROW). North America dominated the market of orthopedic implants, followed by Europe and Asia Pacific.

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The major players operating in the global orthopedic implants market include

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As per Market Industry Reports (MIR) research findings, robotic surgery, technological innovations and integrated orthopedic implant solutions set to open new avenues for stakeholders.

The global orthopedic implants market is witnessing the significant growth in the coming years. Growing global geriatric population, increasing incidences of osteoarthritis and osteoporosis, technological innovations and increasing trauma cases (sports injuries and accidents) are the main factors driving the growth of global orthopedic implants market.

Advent of 3D printing technology in orthopedic implantation and robotic assisted surgeries are likely to shape the growth of the global orthopedic implants market. Highly advanced robotic systems that are surgeon controlled, are able to perform extremely precise orthopedic implantation in minimally invasive surgery procedure.

“Crafting of orthopedic implants using 3D printing technology and robotic assistance in orthopedic implantation surgery will shape the future of orthopedic implants market.” said Akanksha, Senior Analyst, Healthcare at MIR.

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Asia pacific is expected to witness the highest CAGR in the coming years, the regional market in APAC are China, Japan and India that are dominating the orthopedic market. Factors such as rising geriatric population and increasing medical tourism are likely to propel the market. North America commands the largest share of the global orthopedic implants market and will continue to dominate the global orthopedic implants market during the forecast period. Factors such as geriatric population and availability of advanced implants product are likely to boost this regional market in coming years.

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Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit Global Orthopedic Implants Market is likely to witness CAGR of 4.7% from 2019 to 2030






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