Orthopedic Devices Market Global Report 2020-30: Covid 19 Impact And Recovery

The Business Research Company published its Orthopedic Devices Global Market Report 2020 which provides strategists, marketers and senior management with the critical information they need to assess the global Orthopedic Devices market. The report provides in-depth analysis of the impact of COVID-19 on the market, along with revised market numbers due to the effects of the coronavirus.

The report covers the orthopedic devices market’s segments- by type: joint reconstruction devices and equipment, spinal surgery devices and equipment, trauma fixation devices and equipment, orthobiologics devices and equipment, arthroscopy devices and equipment, orthopedic braces and support devices and equipment, craniomaxillofacial (CMF) devices and equipment, orthopedic prosthetics, orthopedic accessories, by end user: hospitals and clinics, diagnostic laboratories, others, by type of expenditure: public, private, and by product: instruments/equipment, disposables.

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Orthopedic Devices Global Market Report 2020 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

The global orthopedic devices market is expected to decline from $52.7 billion in 2019 to $39.3 billion in 2020 at a rate of -25.6%. The decline is mainly due to COVID-19 outbreak and the measures to contain it. Several medical care facilities in affected countries have been completely closed or have been only providing minimal treatment for emergency cases. The orthopedic surgeries have been postponed and in some cases cancelled due the nations lockdown. The restrictions on non-essential medical services including orthopedic services coupled with slowed production of orthopedic devices and implants due to extending factory closures in various countries is contributing to the markable decline in the market growth. The market is then expected to recover and grow at a rate of 5% from 2021 and reach $63.6 billion in 2023.

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.  Biodegradable products such as reabosorbable polymers composed of polyglycolic acid and poly lactic acid manufactured in the form of plates, screws, and pins are replacing traditional devices like plates and screws which are more expensive.

Few Points From Table Of Content  

1. Executive Summary
2. Report Structure
3. Orthopedic Devices Market Characteristics
4. Orthopedic Devices Market Product Analysis
5. Orthopedic Devices Market Supply Chain
……
20. Key Mergers And Acquisitions In The Orthopedic Devices Market
21. Market Background: Medical Equipment Market
22. Recommendations
23. Appendix
24. Copyright And Disclaimer

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Few Points From List Of Tables

Table 1: Historic Market Growth, Value ($ Billion)

Table 2: Forecast Market Growth, Value ($ Billion)

Table 3: Global Orthopedic Devices Market, 2019, By Region, Value ($ Billion)

Table 4: Global Orthopedic Devices Market, 2015-2019, 2023F, 2025F, 2030F, Historic And Forecast, By Region

Table 5: Global Orthopedic Devices Market, Growth And Market Share Comparison, By Region

………

Table 128: Global Medical Equipment Market, 2015-2019, 2023F, 2025F, 2030F, Segmentation By Type, Value ($ Billion)

Table 129: Global Orthopedic Devices Market In 2023- Growth Countries

Table 130: Global Orthopedic Devices Market In 2023- Growth Segments

Table 131: Global Orthopedic Devices Market In 2023- Growth Strategies

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