Global Orthopedic Devices Market Trend Analysis By Type (Spinal Devices, Trauma Fixation, Joint Replacement, Consumables & Disposables, Bone Repair and Others), Application (Spine, Trauma and Extremities, Knee, Hip, Foot and Ankle), End User and Top Key Players, Forecast to 2023
Pune, India – August 19, 2019 —
An orthopedic device is installed within the skeleton of a body and muscle systems of the body to correct existing problems or to provide stability.
A new report on the Global Orthopedic Devices Market size could sight success at 4.3% CAGR between 2016 and 2023.
With 39.6% of the global orthopedic devices market share, North America is the largest regional market due to the technological advancement, presence of key market player, and availability of advanced medical facilities, including those offering orthopedic treatment.
Other market drivers include changing technology, increasing funding for research & development (R), increasing prevalence of osteoporosis, and orthopedic device market growth in emerging economies.