Orthopedic devices are intended to stabilize body posture, treat deformities, and restore normal skeletal function either by replacing or reinforcing a damaged part. The global orthopedic devices market is witnessing a shift from the use of conventional surgical procedures to the use of modern prosthetic and fixation devices. These innovations, coupled with the emergence of modern diagnostic techniques, have significantly reduced the need of complex surgical procedures. The market is moving towards the development of more advanced, fully automated, and more cost-effective orthopedic devices. The major factors driving this market are high incidence of osteoarthritis, osteoporosis, and musculoskeletal disorders; growing incidence of sports injuries; technological advancements; rising geriatric population; and growing prevalence of obesity. However, the high cost of modern prosthetic and fixation devices, coupled with long-term safety concerns associated with the use of metal implants, are expected to restrain the growth of this market in the coming years.
MarketsandMarkets extensively covers this high-growth market. Captured below is an indicative list of research studies published by MarketsandMarkets.
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Orthopedic devices are intended to stabilize body posture, treat deformities, and restore normal skeletal function either by replacing or reinforcing a damaged part. The global orthopedic devices market is witnessing a shift fro
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