Europe Orthopedic Devices Market size is valued at USD 11.44 billion in 2020 and estimated to grow at a CAGR of 5.22%, to reach USD 14.75 billion by 2025.
Factors like increasing the geriatric population, growing acceptance of orthopedic implants, and rising usage of these orthopedic devices in patients that makes them feel comfortable are primarily propelling the market growth. Different innovations regarding the technologies in the field of orthopedic implants, a standard increase of orthopedic injuries and musculoskeletal diseases are driving the orthopedic devices market to some extent. FDA approvals for the new innovative devices for treating the patients and extensive usage are accelerating the market growth. Nearly 6.8 million people are suffering from different orthopedic injuries.
The high cost of the orthopedic devices and the orthopedic implants processes is a significant holding the market growth to some extent. Lack of awareness among the patients suffering from ortho related problems, the shortage of expert professionals, and strict regulations for the product approvals and are may restrict the market of orthopedic devices market to some extent.
Europe Orthopedic Devices Market segmented and sub-segmented into the following categories.
Based on the region, Europe is the second-largest market with a global share of 27% and is boosted by the rising demand for infusion pumps and drug-eluding stents. Germany is the largest market shareholder for the Orthopedic Devices market. Germany's orthopedic devices market is expected to lead the market with the largest share for the orthopedic devices market due to growing healthcare expenditure and increasing awareness programs regarding the products.
The UK orthopedic devices market is estimated to grow at a healthy rate, followed by Germany. The growth is attributed due to the growing elderly people population, and increasing the occurrence rate of orthopedic diseases is likely to boost the market growth of this region over the analysis period. Also, the growing demand for infusion pumps and drug eluding systems is promoting the orthopedic devices market growth.
Spain, France, and Italy are expected to influence the orthopedic devices market throughout the period.
Promising Companies leading the Europe Orthopedic Devices Market Profiled in the Report are Medtronic, Stryker, Zimmer Inc., DePuy, Synthes, Smith & Nephew, and Biomet.
1.Introduction
1.1 Market Definition
1.2 Study Deliverables
1.3 Base Currency, Base Year and Forecast Periods
1.4 General Study Assumptions
2. Research Methodology
2.1 Introduction
2.2 Research Phases
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Econometric Modelling
2.2.4 Expert Validation
2.3 Analysis Design
2.4 Study Timeline
3. Overview
3.1 Executive Summary
3.2 Key Inferences
3.3 Epidemology
4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)
4.1 Market Drivers
4.2 Market Restraints
4.3 Key Challenges
4.4 Current Opportunities in the Market
5. Market Segmentation
5.1 Anatomical location
5.1.1 Introduction
5.1.2 Knee
5.1.3 Shoulder
5.1.4 Foot and Ankle
5.1.5 Hip
5.1.6 Spine
5.1.7 Elbow
5.1.8 Craniomaxillofacial
5.1.9 Others
5.1.10 Y-o-Y Growth Analysis, By Anatomical location
5.1.11 Market Attractiveness Analysis, By Anatomical location
5.1.12 Market Share Analysis, By Anatomical location
5.2 Type of Consumables
5.2.1 Orthopedic staples
5.2.2 Orthopedic suture anchors
5.2.2.1 Resorbable suture anchors
5.2.2.2 Metallic suture anchors
5.2.3 Y-o-Y Growth Analysis, By Type of Consumables
5.2.4 Market Attractiveness Analysis, By Type of Consumables
5.2.5 Market Share Analysis, By Type of Consumables
6. Geographical Analysis
6.1 Introduction
6.1.1 Regional Trends
6.1.2 Impact Analysis
6.1.3 Y-o-Y Growth Analysis
6.1.3.1 By Geographical Area
6.1.3.2 By Anatomical location
6.1.3.3 By Type of Consumables
6.1.4 Market Attractiveness Analysis
6.1.4.1 By Geographical Area
6.1.4.2 By Anatomical location
6.1.4.3 By Type of Consumables
6.1.5 Market Share Analysis
6.1.5.1 By Geographical Area
6.1.5.2 By Anatomical location
6.1.5.3 By Type of Consumables
6.2 U.K
6.3 Spain
6.4 Germany
6.5 Italy
6.6 France
7.Strategic Analysis
7.1 PESTLE analysis
7.1.1 Political
7.1.2 Economic
7.1.3 Social
7.1.4 Technological
7.1.5 Legal
7.1.6 Environmental
7.2 Porter’s Five analysis
7.2.1 Bargaining Power of Suppliers
7.2.2 Bargaining Power of Consumers
7.2.3 Threat of New Entrants
7.2.4 Threat of Substitute Products and Services
7.2.5 Competitive Rivalry within the Industry
8.Market Leaders' Analysis
8.1 Medtronic
8.1.1 Overview
8.1.2 Product Analysis
8.1.3 Financial analysis
8.1.4 Recent Developments
8.1.5 SWOT analysis
8.1.6 Analyst View
8.2 Stryker
8.3 Zimmer Inc.
8.4 DePuy
8.5 Synthes
8.6 Smith & Nephew
8.7 Biomet
9.Competitive Landscape
9.1 Market share analysis
9.2 Merger and Acquisition Analysis
9.3 Agreements, collaborations and Joint Ventures
9.4 New Product Launches
10.Market Outlook and Investment Opportunities
Appendix
a) List of Tables
b) List of Figures
Related Reports
Feb 2020
