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 Chinese orthobiologics market size was valued at $460.7 million, with over 424,000 bone grafting procedures performed every year. The market size is expected to increase at a compound annual growth rate (CAGR) of 6% to reach $690.8 million in 2026. Throughout this medical market research, we analyzed 28 orthobiologics companies across China
The combined shoulder reconstruction market was the largest segment of the total Chinese small bone and joint orthopedic device market, followed by the foot and ankle device market. The elbow repair, hand and wrist device markets altogether generate the remainder of the total market share. Plate and screw devices comprised the majority of the market
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 The global minimally invasive spine surgery market (MIS) is considered by many to be the most exciting and controversial segment of the orthopedics industry. This market has traditionally been a segment of the orthopedics market but, due to rapid growth and a large market size, many manufacturers view spine as a key business
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 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
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 Chinese trauma device market was valued at $702 million in 2018. This is expected to increase over the forecast period at a CAGR of 7.3% to reach over $1.15 billion in 2025. One of the major drivers of this market is the continuing government initiatives to reform healthcare, medical insurance and reimbursement systems, as
Overall, the Chinese orthopedic soft tissue repair market is projected to experience rapid growth over the forecast period, fueled by the rapidly growing elderly demographic and increased awareness of the sports medicine field. Due to the increasing demand for sports medicine procedures in China, along with the lack of related specialists, this market has high
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,
The full report suite on the Chinese market for spinal implants and VCF includes traditional cervical and thoracolumbar fixation devices, interbody devices, motion preservation devices, vertebral compression fracture (VCF) treatment and spinal surgery instrumentation.
The full report suite on the China market for robotics and surgical navigation includes four segments in surgical navigation and four segments in robotics. The segmentation for surgical navigation includes systems with neurosurgery applications, spinal surgery applications, ear, nose and throat (ENT) applications, and orthopedic hip and knee applications. The segmentation for surgical robotics systems includes minimally invasive surgery (MIS), robotically assisted neurosurgery systems, robotically assisted radiosurgery systems, and robotically assisted spinal surgery systems.