iData Research thoroughly covers the orthopedic device market, providing in-depth analysis of the trends that are shaping the industry, updates on new and emerging technology, and much more. We not only provide a comprehensive orthopedic industry overview, but we also delve deep into sub-categories such as the extremities market, joint reconstruction market, arthroplasty market and many others.
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By 2020, the Indian orthobiologics market size was valued at $76.2 million, with over 520,000 bone grafting procedures performed every year. The market size is expected to increase at a compound annual growth rate (CAGR) of 12.4% to reach $172.3 million in 2026. Throughout this medical market research, we analyzed 23 orthobiologics companies across India
The nature of the small joints, especially the wrist and ankle joints, defines the prevalence of internal fixation over total joint replacement for these anatomies. The dominance of internal fixation devices, such as plates and screws, are seen in the elbow, wrist and ankle segments, while the shoulder reconstruction market is almost evenly divided between
Industry Trends In the United States, hyaluronic acid (HA) viscosupplementation is approved only for osteoarthritis of the knee. However, many surgeons also use the injections off-label in indications such as ankle, shoulder and elbow. If market players were to acquire approval in other joints, it would greatly expand the hyaluronic acid market. Continuous growth in
Industry Trends The long-term growth of the market will be strongly driven by the increasing demand for revision surgeries. The revision knee implant segment is the fastest growing of the overall knee replacement device market. The growth rate will continue to increase, which can be attributed to the rise in younger knee implant patients. Since
Industry Trends One of the major drivers of the trauma devices market is the consistent influx of newer technologies. For example, within the largest segment of this market, plates and screws, the market growth is supported by the introduction of newer materials (i.e. titanium), hybrid systems and anatomical plates. In addition, intramedullary (IM) nails are
Industry Trends Despite many challenges, growth is expected in many market segments, as the patient demographics in the U.S. maintain a steady demand for such procedures. Growth has slowed in the last few years as newer, minimally invasive innovations gradually cannibalized the traditional spine market. The VCF segment will be the fastest growing in the
Industry Trends Foot and ankle medical devices are used to treat a variety of indications, including hallux rigidus, arthritis, Lisfranc fractures and pes planus (flatfeet) to name a few. The devices included in this study are those for the ankle joint, hindfoot, midfoot and forefoot and toe digits. Ankle devices, which include total ankle replacements,
Industry Trends The overall small bone and joint market is anticipated to grow moderately over the forecast period. The maturity of the orthopedic hip and knee device markets has prompted investment and growth within the extremity markets. The extremity markets are relatively young and the dominance of arthroplasty over fusion has yet to become standard fare.
Industry Trends The shift from open cavity procedures to minimally invasive procedures has already occurred within the United States, Australia and Europe. For hospitals to attract top talent, they must be equipped with the latest in high-tech equipment and facilities in order to increase efficiency for the surgeon. Incorporating surgical navigation and robotic systems into
Overall, the Indian sports medicine market is projected to experience strong growth over the forecast period, driven by the continuing development of the sports medicine industry, the popularization of arthroscopy and the international collaboration between manufacturers. The current attempt to reform India’s healthcare and insurance systems is expected to be one of the market drivers
Industry Trends Overall, the sports medicine market is projected to experience modest growth over the forecast period, largely limited by the longer durations of some of the procedures. Although arthroscopy offers many benefits when compared to open or mini-open surgeries, the operating time for arthroscopy is much longer. This limiting factor can be solved by
The Indian trauma device market was valued at $127 million in 2018. This is expected to increase over the forecast period at a CAGR of 4.4% to reach over $1.15 million in 2025. The current attempts to reform the healthcare and insurance systems in India are expected to be one of the drivers of the
Industry Trends One of the main trends in the large joints devices market is a shift towards personalized orthopedic solutions that maximally adjust to the specific anatomical and clinical needs of each individual patient. While it is believed by some that application of an emerging 3D printing technology may potentially make manufacturing of the actual
Industry Trends A particular trend in the U.S. orthobiologics market is competitors that are seeking to penetrate high growth segments outside their traditional space by distributing existing products manufactured by other companies, rather than creating their own. This often involves partnering with a company by taking on the costs associated with regulation and market approval,
Industry Trends Cost-cutting measures at hospitals and surgery centers continue to drive down the ASPs of the hip replacement market. The long-term market growth will be primarily driven by patient demographics, characterized by an ever-growing aging population and an increasing number of younger patients. Considering the mature nature of the hip arthroplasty market, the development