About this market
The market is witnessing significant technological advances in terms of technology, materials, surgical techniques, methods of fixation and sterilization of prostheses, preoperative management, and methods of preventing complications. The manufactures have made significant improvements to implant materials and processing methods of implant parts, which has made them more reliable, durable and long- lasting. The analysts have predicted that the orthopedic implants market will register a CAGR of over 4% by 2023.
Market Overview
Rising number of orthopedic implant surgeries
The number of orthopedics implant surgeries such as knee replacement, hip replanted, shoulder replacement, spinal implant, ad craniomaxillofacial implant procedures performed worldwide is one of the rise.
High cost of implants coupled with decreasing reimbursement
High cost of implants and declining reimbursements for joint reconstruction for joint reconstruction/ replacement procedures are deterring their widespread adoption among end- users. This is restricting the market growth.
For the detailed list of factors that will drive and challenge the growth of the orthopedic implants market during the 2019-2023, view our report.
Competitive Landscape
The global orthopedic implants market is highly concentrated. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.