Orthopedic Devices Market
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<strong>Market</strong> Segments:<br />
The orthopedic device market is segmented based on types and region. Based on types, the market is<br />
bifurcated into upper extremity devices, lower extremity devices, spine orthopedic devices, arthroscopic<br />
devices,orthobiologics and braces & support devices. Upper extremity devices are further segmented into<br />
elbow radius, shoulder and others whereas lower extremity devices are divided into hip, knee, foot, ankle<br />
and others. On the basis of spine orthopedic devices, the market is further segregated into artificial discs,<br />
fixation screws, fixation nail/rod, fixation plates and fixation wires. Also, the orthobiologics segment is<br />
distinguished into bone cement, bone graft substitute, bone growth factors and others. The spinal implants<br />
type segment has also contributed a promising share in the market growth owing to increased effective<br />
back treatment devices, rising incidences of back pain and increased demand of less invasive procedures<br />
and non-fusion technologies by patients.<br />
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By Key Players:<br />
Some of the notable players operating in orthopedic devices market space include DePuy Synthes,<br />
Medtronic Spinal, Medacta, Zimmer Biomet, NuVasive, MicroPort Scientific Corporation (Wright Medical<br />
Group), Smith & Nephew, Stryker, DJO Global, Globus Medical and ConforMIS.<br />
By Regional Analysis:<br />
On the basis of region, the market is segmented into North America, Europe, Asia Pacific, Middle East and<br />
Africa and Latin America. The Asia Pacific region holds exemplary growth potential for orthopedic device<br />
manufacturers, owing to high population number and around 50% of world’s geriatric population base. The<br />
North American region follows the Asia Pacific market owing to increased geriatric population,<br />
sophisticated R&D leading to novel orthopedic devices and technological advancements.<br />
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