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North America Orthopedic Implants Market Predicted to Gather $30,646 Million by 2025, Growing at a CAGR of 3.9% in 2018-2025 Timeframe [90-Pages] | Published by Research Dive | ||
By: PR Newswire Association LLC. - 27 Jan 2023 | Back to overview list |
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The North America orthopedic implants market is expected to grow by 2025 due to the increasing geriatric population in the region. The metallic biomaterials sub-segment is expected to be the most profitable. NEW YORK, Jan. 27, 2023 /PRNewswire/ -- Research Dive has added a new report to its offering titled, "North America Orthopedic Implants Market by Product Type (Reconstructive Joint Replacements, Spinal Implants, Dental Implants, Trauma, Orthobiologics, and Others), Biomaterial (Metallic, Ceramic, Polymeric, and Others), and Type (Knee, Hip, Wrist & Shoulder, Dental, Spine, Ankle, and Others): North America Opportunity Analysis and Industry Forecast, 2018–2025". As per the report, the North America orthopedic implants market is predicted to grow at a noteworthy CAGR of 3.9% in the 2018-2025 timeframe, thereby gathering $30,646 million by 2025. Request an Exclusive PDF Sample of North America Orthopedic Implants Market Dynamics of the Market Drivers: The steadily rising geriatric population across the region is expected to be the primary growth driver of the North America orthopedic implants market in the forecast period. Along with this, the shift from conventional surgical procedures to the use of modern fixation and prosthetic devices is predicted to help this market grow in the forecast period. Opportunities: Increasing research and development in the field of orthopedic implants is anticipated to offer huge growth opportunities to the market in the forecast period. Moreover, increase in the elderly population in the North America region is anticipated to push the growth rate of the market even higher. Restraints: High costs of medical procedures involved with orthopedic implantations, however, might restrict the growth of the North America orthopedic implants market. Segments of the Market: The report has fragmented the North America orthopedic implants market into different segments based on product type, biomaterial, and country.
Significant Market Players The significant market players in the North America orthopedic implants market are
These key market players are developing different business strategies like product development, merger and acquisitions, collaborations and partnerships to gain a commanding position in the market. For instance, in May 2021, Shalby, an Indian hospital chain, announced that it was acquiring certain assets of Consensus Orthopedics, a leading orthopedic implants manufacturer in Sacramento, California. This acquisition will help Shalby to enter in the North America orthopedic implants industry and consolidate its position in the market in the coming period. The Research Dive report also summarizes many crucial aspects of the North America orthopedic implants market including SWOT analysis, latest strategic developments, financial performance of the key players, and product portfolio. More about North America Orthopedic Implants Market:
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About Research Dive Research Dive is a market research firm based in Pune, India. Maintaining the integrity and authenticity of the services, the firm provides the services that are solely based on its exclusive data model, compelled by the 360-degree research methodology, which guarantees comprehensive and accurate analysis. With an unprecedented access to several paid data resources, team of expert researchers, and strict work ethic, the firm offers insights that are extremely precise and reliable. Scrutinizing relevant news releases, government publications, decades of trade data, and technical & white papers, Research dive deliver the required services to its clients well within the required timeframe. Its expertise is focused on examining niche markets, targeting its major driving factors, and spotting threatening hindrances. Complementarily, it also has a seamless collaboration with the major industry aficionado that further offers its research an edge. Contact: Logo: https://mma.prnewswire.com/media/997523/Research_Dive_Logo.jpg SOURCE Research Dive |
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