GITNUX MARKETDATA REPORT 2024
Orthopedic Devices Industry Statistics
The orthopedic devices industry is projected to grow steadily over the next few years, with increasing demand driven by an aging population and advancements in technology.
In this post, we will explore key statistics and insights regarding the orthopedic devices industry. From market forecasts and revenue shares to regional trends and company performances, these data points offer a comprehensive look at the current landscape and future growth potential of this dynamic sector.
Statistic 1
"The orthopedic devices industry is forecasted to reach USD 47.51 billion by 2020."
Statistic 2
"The Asia-Pacific orthopedic devices market is expected to grow at a 7.7% CAGR from 2020 to 2027."
Statistic 3
"The global market for orthopedic devices will grow at a compound annual growth rate (CAGR) of 3% from 2020 to 2027."
Statistic 4
"The spine orthopedic devices segment accounted for the largest revenue share of over 25% in 2019."
Statistic 5
"In 2018, Europe held the second largest market in the orthopedics devices market."
Statistic 6
"The orthopedic implants segment was valued at USD 34,008 million in 2017."
Statistic 7
"The global orthopedic devices market is expected to grow by USD 16.3 billion from 2020 to 2024."
Statistic 8
"In 2017, Zimmer Biomet Holdings generated net sales of about USD 7.82 billion from its orthopedic products."
Statistic 9
"Metal orthopedic devices comprise about 50% of the orthopedic devices market."
Statistic 10
"The Latin America Orthopedic Devices Market is expected to grow at a CAGR of 5.6% till 2023."
Statistic 11
"The orthobiologics segment is projected to grow at the highest CAGR of 5.4% from 2020 to 2027."
Statistic 12
"The North America orthopedic devices market was valued at USD 17,881.97 million in 2020."
Statistic 13
"The Middle East and Africa Orthopedic Devices market was around USD 2.35 billion in 2018."
Statistic 14
"Soft Tissue Attachments are projected to reach the value of USD 9.84 billion by 2027."
Statistic 15
"The top 10 orthopedic device companies are commanding nearly 60% of the global market."
Statistic 16
"The global orthopedic prosthetics market size was worth USD 3.0 Billion in 2021."
Statistic 17
"The U.S. represented over 90% of the North America orthopedic devices market in 2020."
Jannik Lindner
Can You Trust Our Report?
The statistics are checked by us and then entered into the database. Our market data reports have been linked to by some of the largest publishers and companies on the Internet.
Sources
mordorintelligence.com
precedenceresearch.com
statista.com
globenewswire.com
gminsights.com
meddeviceonline.com
alliedmarketresearch.com
expertmarketresearch.com
grandviewresearch.com
selectusa.gov
technavio.com
fortunebusinessinsights.com
marketdataforecast.com
researchandmarkets.com
theinsightpartners.com