Market Analysis: Europe Orthopedic Implants Market
Europe orthopedic implants market is registering a substantial CAGR in the forecast period of 2019-2026. This rise in the market can be attributed due to the increasing geriatric population and surging incidences of orthopedic diseases are contributing to the market growth.
Market Definition: Europe Orthopedic Implants Market
Orthopedic implants are the devices that are manufactured to correct the existing problems in the muscle and skeleton in the body. There had been a lot of innovations in the implants which have facilitated the successful implants. These are usually used for treating the back pain and orthopedic implants like bone screws and plates which are used in fixation of fractured bone segments and spinal fusion surgery. With the advent of technology there has been a shift to modern fixation devices from conventional surgical procedures.
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The surge in the incidences of orthopedic devices are driving the market growth
The rise in the elderly population is boosting the market growth
The various technological innovations in the field of orthopedic implants are fueling the market growth
The surge in the acceptance of orthopedic implants are driving the market growth
The healthcare facilities are being improved which is propelling the market growth
The orthopedic implants procedures are costly which hinders the market growth
The stringent regulator process and approvals are hampering the market growth
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Segmentation: Europe Orthopedic Implants Market
Reconstructive Joint Replacements
Knee Replacement Implants
Hip Replacement Implants
Upper Extremity Reconstruction
Hand & Wrist
Lower Extremity Reconstruction
Spinal Fusion Devices
Cervical Fixation Devices
Interbody Fusion Devices
Motion Preservation Devices
Dynamic Stabilization Devices
Artificial Disc Replacement Devices
Annulus Repair Devices
Nuclear Disc Prostheses
Vertebral Compression Fracture (VCF) Treatment Devices
Balloon Kyphoplasty Devices
Invasive Spinal Bone Stimulators
Root Form Dental Implants
Plate Form Dental Implants
Demineralized Bone Matrix (DBM)
Bone Graft Substitutes
Bone Morphogenic Proteins (BMP)
Synthetic Bone Grafts
Cell Based Matrices (CBM)
Trauma & Craniomaxillofacial
Minimally Invasive Surgery (MIS)
By Device Type
Internal Fixation Devices
External Fixation Devices
Orthopedic Nails Sodium Phosphate Enemas
By End User
Rest of Europe
Key Developments in the Market:
In July 2019, Exactech had launched Truliant Porous Knee Implants. It had improved the healing time after surgery and also integrates bone screw fixation methods. It will enable smooth surgical procedures. The launch will expand the presence of the company in the market and will position it as an innovator for orthopedic implants.
In January 2019, HSS and LimaCorporate had collaborated to provide 3D Printing Lab for complex, personalized orthopedic implants. The collaboration will accelerate the innovation in complex orthopedic joint care by developing innovative products and solutions.
Orthopedic implants market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of orthopedic implants market for Germany, U.K., France, Spain, Italy, Russia, Turkey, Belgium, Netherlands, Switzerland and Rest of Europe.
Key Market Competitors:
Few of the major market competitors currently working in the Europe orthopedic implants market are Wright Medical Group N.V., Aesculap Implant Systems, LLC, BioTek Instruments, Inc, CONMED Corporation and Smith & Nephew, Baxter, Flexicare Medical Limited, DJO LLC, Medtronic, Integra LifeSciences Corporation, Zimmer Biomet, Stryker, NuVasive Inc. and DePuy Synthes among others.
Demand Side: Doctors, Surgeons, Medical Consultants, Nurses, Hospital Buyers, Group Purchasing Organizations, Associations, Insurers, Medical Payers, Healthcare Authorities, Universities, Technological Writers, Scientists, Promoters, and Investors among others.
Supply Side: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.
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