Orthopedic Devices are used for restoring skeletal structure and joint movements in various fractures, abnormal growth of bones, soft tissue damage, trauma or other deformities. These devices are implanted by surgical procedures or can be externally attached through minimally invasive procedures. Orthopedic devices can be classified as joint implants, internal and external fixation devices.
The top five companies covered are Johnson & Johnson, Zimmer Biomet Holdings, Stryker Corporation, Smith & Nephew PLC, and B. Braun Melsungen. Johnson & Johnson was the largest company in the orthopedic devices market.
The countries covered are USA, China, Germany, Brazil, Japan, UK, Spain, Russia, France, Australia, Italy, India and rest of the world.
The global orthopedic devices market was valued around $39 billion in 2017. Asia Pacific was the largest region in the orthopedic devices market in 2017, accounting for around 33% of the total market. The USA was the largest country in the market accounting for around 23% of the total market.
Biodegradable implants are increasingly being used in trauma orthopedic surgeries. Biodegradable implants are used to replace a missing biological structure, support a damaged biological structure, and enhance the existing bone structure.
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