Opportunities for the Orthopedic Device Market in the United States


Posted September 25, 2020 by hiteshchawra

Opportunities for the Orthopedic Device Market in the United States

 
"According to a new country report published by Lucintel, the future of orthopedic device market in the United States looks attractive with opportunities in public and private hospitals. The orthopedic device market in the United States is primarily driven by the increasing aging population, increasing adoption of advancements in medical technologies, and growing healthcare expenditure and awareness. .

This report studies factors affecting the orthopedic device market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, Lucintel forecasts that the the orthopedic reconstruction, trauma fixation devices, and orthobiologics segments due to an increasing geriatric population, the rising prevalence of osteoporosis and osteoarthritis, and the increasing incidence of road accidents. Within the orthopedic device market in the United States, orthopedic reconstruction is expected to remain the largest segment by device type. With the rise of orthopedic disorders and increasing aging population are the major driving forces that will spur growth for this segment over the forecast period.

Emerging trends, which have a direct impact on the dynamics of the orthopedic device industry, include the increasing demand for smart implants, the widening use of nanotechnologies, and the adoption of robotic surgery to increase mechanical performance and accuracy.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the orthopedic device market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Orthopedic Device Market in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the orthopedic device market in the United States by device type as follows:

Orthopedic device industry by device type [Value ($ Million) from 2014 – 2025]:
• Orthopedic Reconstruction
>Hip
>Knee
>Shoulder
>Others
• Spinal Devices
• Trauma Fixation Devices
• Craniomaxillofacial Devices
• Dental Implants
• Soft Tissue Repair
• Braces and Accessories
• Orthobiologics and Others

This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/orthopedic-device.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "
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Categories Aerospace , Architecture , Blogging
Last Updated September 25, 2020