Quick Summary:
In an ever-evolving global healthcare landscape, staying informed on key market dynamics is crucial to sustained success. Understanding the Small Bone and Joint Orthopedic Devices Market, which in 2022 holds an estimated value of US$10.9 Billion and is expected to escalate to US$18.4 Billion by 2030, is integral for driving strategic decisions and gaining a competitive edge. Ranging from fracture fixation & replacement systems to plates & screws, this comprehensive research document offers insights into all the relevant segments that propel this burgeoning industry.
The report not only delves into the critical drivers and trends shaping the U.S. market, estimated currently at $3.2 Billion, but also provides a thorough analysis of foreign markets like China, Japan, Canada and Germany. Each with its own set of unique dynamics and growth rates. This well-researched study is an invaluable resource, featuring incisive analysis of 19 prominent competitors competing in the existing market. Catering to your need for comprehensive data and actionable insights, this market research report is an essential acquisition for any key decision-maker in the orthopedic devices industry.
Global Small Bone and Joint Orthopedic Devices Market to Reach $18.4 Billion by 2030
The global market for Small Bone and Joint Orthopedic Devices estimated at US$10.9 Billion in the year 2022, is projected to reach a revised size of US$18.4 Billion by 2030, growing at a CAGR of 6.8% over the analysis period 2022-2030. Fracture Fixation & Replacement Systems, one of the segments analyzed in the report, is projected to record 8% CAGR and reach US$7.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Plates & Screws segment is readjusted to a revised 6.8% CAGR for the next 8-year period.
The U.S. Market is Estimated at $3.2 Billion, While China is Forecast to Grow at 6.3% CAGR
The Small Bone and Joint Orthopedic Devices market in the U.S. is estimated at US$3.2 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.2 Billion by the year 2030 trailing a CAGR of 6.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 6.2% and 5.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 5% CAGR.Select Competitors (Total 19 Featured) -
- Acumed LLC
- Arthrex, Inc.
- Biopro, Inc.
- DJO Global, Inc.
- Exactech, Inc.
- Integra Lifesciences Corporation
- Orthofix, Inc.
- Smith & Nephew PLC
- Stryker Corporation
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and the publisher's Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Small Bone and Joint Orthopedic Devices?
What is the growth rate of the Global Market for Small Bone and Joint Orthopedic Devices?
What is the forecasted size of the Global Market for Small Bone and Joint Orthopedic Devices?
Who are the key companies in the Global Market for Small Bone and Joint Orthopedic Devices?
| Report Attribute | Details |
|---|---|
| No. of Pages | 183 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 10.9 Billion |
| Forecasted Market Value ( USD | $ 18.4 Billion |
| Compound Annual Growth Rate | 6.8% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- Acumed LLC
- Arthrex, Inc.
- Biopro, Inc.
- DJO Global, Inc.
- Exactech, Inc.
- Integra Lifesciences Corporation
- Orthofix, Inc.
- Smith & Nephew PLC
- Stryker Corporation
