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ORTHOPEDIC DEVICES MARKET ANALYSIS

Orthopedic Devices Market, By Product Type (Orthopedic Fixation Devices, Orthopedic Replacement Devices, Orthopedic Prosthetics, Orthopedic Braces and Support Products, Spinal Implants and Surgical Devices, Arthroscopy Instruments, Orthobiologics, and Bone Graft Substitutes), By Site of Injury (Foot and Ankle, Knee and Thigh, Hip and Pelvis, Hand and Wrist, Shoulder, Arm and Elbow, Spine, and Craniomaxillofacial), By End User (Hospitals,  Surgical Centers, Orthopedic Clinics, Ambulatory and Trauma Care Centers, Home Care Settings, Physiotherapy centers, and Others), By Application (Fracture Treatment and Recovery, Rheumatoid Arthritis and Osteoarthritis, Ligament Injuries, Neurological Disorders, Diabetic Foot Diseases, Spinal Fusion, Fixation, and Decompression), By Geography (North America, Latin America, Asia Pacific, Europe, Middle East, and Africa)

  • Published In : Jan 2025
  • Code : CMI3946
  • Pages :155
  • Formats :
      Excel and PDF
  • Industry : Medical Devices

Orthopedic Devices Market Size and Trends

The Global Orthopedics Devices Market is estimated to be valued at USD 63.01 Bn in 2025 and is expected to reach USD 85.90 Bn by 2032, exhibiting a compound annual growth rate (CAGR) of 4.5% from 2025 to 2032.

Key Takeaways of the Orthopedics Devices Market:

  • By product type, the orthopedic fixation devices segment is expected to contribute the highest share of the market with 19.2% in 2025
  • By site of injury, the foot and ankle segment is expected to contribute the highest share of the market with 23.2% in 2025
  • By end user, the hospitals segment is expected to contribute the highest share with 23.4% in 2025
  • North America is expected to top the global market with 39.3% share, followed by Asia Pacific with 25.2% share in 2025.

Market Overview:

The orthopedics devices market is expected to witness positive trends over the forecast period supported by growing geriatric population worldwide and the subsequent rise in degenerative bone diseases. Additionally, favorable regulatory approvals and reimbursement policies in developed regions are encouraging new product launches. However, high costs associated with orthopedic procedures may limit market growth to some extent. But increasing accessibility of healthcare insurance in developing regions is likely to create new opportunities for market participants.

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