市場調查報告書
商品編碼
1439706
骨科設備-全球市場回顧、競爭格局、市場預測(2030年)Orthopedic Devices - Market Insights, Competitive Landscape, and Market Forecast - 2030 |
全球骨科器械市場規模到2023年將達到440.9億美元,到2030年將達到577.9億美元,預計2024-2030年期間複合年增長率為4.78%。 由於65歲及以上人口的增加、骨關節炎和骨質疏鬆症等骨病的增加、職業性和非職業性傷害的增加以及技術的發展等因素,預計市場收入將增加。醫療技術。預計這將導致預測期內(2024-2030 年)市場收入成長。
骨科設備市場動態
世界上老年人口的增加是骨科器械市場的顯著驅動因素之一。 根據《世界人口展望(2019)》報告,全球每 11 人中就有 1 人年齡超過 65 歲,到 2050 年,世界上六分之一的人將超過 65 歲。 此外,在北美和歐洲等地區,預計到2050年,四分之一的人將超過65歲。 人口老化的加劇也為不同類型的骨骼疾病(例如骨關節炎)鋪平了道路,這些疾病需要外科手術、植入物和支持性護理來獲得長期幫助。 根據合作暨發展組織(2023)的數據,年齡是導致膝關節和髖關節骨關節炎的最重要因素,而植入物是最優選的裝置。
推動骨科器械市場成長的另一個主要因素是安全和生物相容性植入物製造技術的不斷進步。 例如,2022年5月,Orthofix US Inc.在美國和歐洲市場推出了OSCAR PRO,用於複雜關節手術期間的超音波關節翻修系統。 此類產品開發活動顯示研發領域活躍,導致改進的產品引入市場,有助於產品的普及,進而導致市場成長。
然而,替代療法的可用性以及與骨科器械(尤其是植入物)相關的併發症可能會限制骨科器械市場的成長。
由於實施封鎖是打破 COVID-19 傳播鏈的必要措施,骨科設備市場出現了短期挫折。 COVID-19 大流行導致醫療服務和程序發生重大重組。 許多國家根據緊急醫療需求將醫療程序分開,並暫停了各種被認為是選擇性的醫療程序,以在 COVID-19 危機期間簡化工作流程。 例如,根據合作暨發展組織(2023)的數據,2020年3月,大多數國家的髖關節和膝關節置換術總數急劇下降,包括義大利、愛爾蘭和挪威。 大多數國家僅在緊急情況下才採用外科手術,因為它們的重點是應對 COVID-19 情況。 然而,隨著包括醫療產業在內的各行業活動的恢復,骨科設備市場正在蓬勃發展。
骨科設備市場區隔分析
在骨科器械市場的應用領域,預計在預測期內(2024-2030年)脊椎骨科器械類別將在骨科器械市場實現顯著的收入成長。 這可能是由於各種原因造成的脊髓損傷病例數量不斷增加,包括職業和過度使用創傷、跌倒、衝突造成的傷口以及運動員的脊髓損傷。 根據美國國家脊髓損傷統計中心(2023 年)的數據,2019 年全球有 2,966,000 人患有脊髓損傷,全球每年新增病例 17,900 例。 這將為人們帶來更多支持機制和高效外科手術的需求,並將推動骨科產業為人們的一生提供更安全、更俱生物相容性的植入物。
本報告研究和分析了全球骨科器械市場,提供市場規模和預測、驅動因素和挑戰、公司和產品概況等。
Orthopedic Device Market Type By Product (Implants, Supports, And Others), By Application (Knee Orthopedic Devices, Hip Orthopedic Devices, Wrist Orthopedic Devices, Shoulder Orthopedic Devices, Spine Orthopedic Devices, Ankle Orthopedic Devices, And Others ), By End-User (Hospitals, Orthopedic Clinics, Ambulatory Surgical Centres, And Others), by geography is estimated to register growth at a remarkable CAGR forecast during 2024-2030 owing to upsurge in prevalence of ageing population and rise in the cases of bone disorders.
The global orthopedic devices market was valued at USD 44.09 billion in 2023, growing at a CAGR of 4.78% during the forecast period from 2024 to 2030 to reach USD 57.79 billion by 2030. The orthopedic devices market is slated to witness increasing revenue owing to factors such as a growing population of people above the age of 65, a rise in the cases of bone disorders such as osteoarthritis and osteoporosis among others, increasing cases of occupational injuries and non-occupational injuries along with latest technological developments in healthcare technology are further expected to result in the appreciable revenue growth in the orthopedic devices market during the forecast period (2024-2030).
Orthopedic Devices Market Dynamics:
One of the noteworthy drivers of the orthopedic devices market is the rising population of old age people globally. As per the reports from World Population Prospects (2019), one in eleven people in the world are above the age of 65 and their proportion shall increase to one in six people in the world to be aged above 65 years, by the year 2050. The same source also stated that in regions like North America and Europe, it is expected that one in four people shall be above the age of 65 years by the year 2050. The increase in the geriatric population, also paves the way for various types of bone disorders like osteoarthritis, requiring surgical procedures, implants, and support therapies for long-term assistance. According to the Organization for Cooperation and Development (2023), age is the strongest factor for the occurrence of Knee and Hip Osteoarthritis, where implants are the most preferred devices among others.
Another key factor responsible for the growth of the orthopedic devices market is the continuous technological advancements in manufacturing safe and biocompatible implants. For instance, in May 2022, Orthofix US Inc. launched OSCAR PRO for use in ultrasonic arthroplasty revision systems during complex joint surgeries, in the U.S and European markets. Such product development activities indicate an active research and development domain resulting in the launch of improved products in the market, contributing to product uptake and ultimately resulting in market growth.
However, the availability of alternative therapies and complications associated with orthopedic devices, specifically implants, may act as restraining factors to the orthopedic devices market growth.
The orthopedic devices market reported a short period of setback due to the implementation of lockdown as necessary measures to break the chain of the COVID-19 infection transmission. The COVID-19 pandemic resulted in the massive reorganization of healthcare services and the carrying out of medical procedures. Many countries segregated medical procedures based on the need for urgent medical care to streamline the workflow during the COVID-19 crisis and saw various medical procedures considered elective being suspended. For instance, in March 2020, according to the Organization for Cooperation and Development (2023), most countries like Italy, Ireland, and Norway showed a sharp decline in the number of hip and knee replacement surgeries. Most countries adopted surgical procedures only in cases of immediate urgency to focus more on handling the COVID-19 situation. However, with the resumption of activities across industries including the healthcare sector, it has been uplifting the orthopedic devices market.
Orthopedic Devices Market Segment Analysis:
Orthopedic devices Market Type by Product (Implants, Supports, and others), Application (Knee Orthopedic Devices, Hip Orthopedic Devices, Wrist Orthopedic Devices, Shoulder Orthopedic Devices, Spine Orthopedic Devices, Ankle Orthopedic Devices, and Others), End-User (Hospitals, Orthopedic Clinics, Ambulatory Surgical Centres and others), Geography (North-America, Europe, Asia-Pacific, Rest of the World)
Based on the application segment of the orthopedic devices market the spinal orthopedic devices category is projected to register significant growth in revenue in the orthopedic devices market during the forecast period (2024-2030). This can be ascribed to the rising cases of spinal cord injuries for various reasons such as occupational work, overuse injuries, falls, wounds from fights, spinal injuries to athletes, etc. According to the National Spinal Cord Injury Statistical Centre (2023) in the year 2019, 2,96,000 people were living with spinal cord injuries globally, with 17,900 new cases happening every year around the world. This brings the need for more assistance support mechanisms and efficient surgical procedures for people, which drives orthopedic industries to deliver safer, biocompatible implants for people on a lifetime basis.
Therefore, considering the growing demand for this product type, numerous new products are being launched in the market. For instance, in October 2020, Stryker Corporation introduced Niagra Lateral Access System for spinal injuries and deformities, after the completion of successful 600 surgeries. The implant is widely compatible with patients, allowing fewer chances of contamination and side effects, with a biocompatible titanium. Therefore, considering the advantages associated with spinal reconstruction devices and their growing popularity among end-users, this product segment is expected to generate considerable revenue thereby pushing the overall growth of the global orthopedic devices market during the forecast period.
North America is expected to dominate the overall Orthopedic Devices Market:
Among all the regions, North America is expected to lead in revenue generation in the global orthopedic devices market. This can be ascribed to the growing population of old-aged people in the region. For instance, according to the U.S. Census Bureau (2023), the old age population observed an increase of 34.2%, from 40.3 million U.S. residents aged 65 years in the year 2010 to 54.1 million or older in the year 2019.
One of the prominent factors supporting the growth of the North America orthopedic devices market is the rising prevalence of bone disorders like osteoarthritis, osteoporosis, etc. For example, as per the CDC report (2023), more than 32.5 million people are affected by Osteoarthritis which is one of the most common forms of joint disorders in the United States. Along with the growing aged population, the risk of bone disorders also increases. For instance, according to the Osteoarthritis Action Alliance (2023), in the year 2019, 43% of people aged above 65 years and 88% of people aged above 45 years were diagnosed with Osteoarthritis. The source further stated that more than 60% of people affected were women. Considering the rising number of bone disorders in the country, numerous products are receiving regulatory approvals thus paving the way for their market launch. For instance, in May 2022, the U.S. Food and Drug Administration (FDA) approved the AccelStim Bone growth Stimulator, manufactured by Orthofix US LLC, which can be used in cases of bone fractures. Also, In September 2020, Stryker Corporation launched its titanium-made AxSOS Ankle Fusion System for the tibiotalar joint with updated screw offerings.
Therefore, the presence of a large patient base coupled with increasing cases of bone disorders drives manufacturers to launch new products, which is expected to drive the growth of the orthopedic devices market in the United States during the forecast period.
In addition to the rising old age population and cases of bone disorders, there has been an increase in the number of occupational injuries and non-occupational injuries in the United States. For example, according to the U.S Bureau of Labor Statistics (2023), an incidence rate of 25.4% of occupational injuries was observed of which 24% of injuries consisted of traumatic injuries in the year 2020. The source also stated that there were about 53,000 cases of injuries to the bone, cartilage, and tendons along with sprains, strains, and muscle tears, resulting from non-occupational reasons such as violence, abuse, and fights requiring implants and other assistance mechanisms. Therefore, such reasons coupled with a large patient pool having bone disorders and occupational injuries shall further drive the demand for orthopedic devices in the United States during the forecast period.
Orthopedic Devices Market Key Players:
Some of the key market players operating in the orthopedic devices market include Stryker Corporation, Zimmer Biomet, Johnson and Johnson, Enovis, Smith & Nephew PLC, Medtronic PLC, Boston Scientific Corporation, NuVasive Inc., Globus Medical Inc., ConMed Corporation, Bioventus, Orthofix, Colson Medical LLC, Exactech Inc., Medacta International, Surgalign Holdings, Paragon 28 Inc, Orthofix, Arthrex Inc., Seimens, Bosch Global, and others.
Recent Developmental Activities in the Orthopedic Devices Market:
In May 2022, Orthofix US LLC got approval from the FDA for its orthopedic device AccelStim Bone Growth Stimulator in Texas, USA, which can be used in cases of bone fractures.
In March 2022, Stryker launched the Insignia Hip stem, used for total hip stem arthroplasty and hemi-arthroplasty processes, at the American Academy of Orthopedic Surgeons Annual Meeting.
In June 2022, Medtronic received FDA clearance for UNiD rods, screws, and fusion devices that uses Artificial Intelligence Technology for treating spinal injuries.
Key Takeaways from the Orthopedic Devices Market Report Study
Target Audience who can be benefited from this Orthopedic Devices Market Report Study
Frequently Asked Questions for Orthopedic Devices Market:
Orthopedic devices can be defined as any device, physical support, or implant assisting the human body, mostly in the skeletal system to restore damaged bones, joints, ligaments, and other neighboring structures to recover primary functional locomotive abilities.
The global orthopedic devices market was valued at USD 44.09 billion in 2023, growing at a CAGR of 4.78% during the forecast period from 2024 to 2030 to reach USD 57.79 billion by 2030.
The orthopedic device market is expected to grow significantly owing to factors such as the growing prevalence of bone diseases such as osteoarthritis, osteoporosis, etc. The global rise in the old age population also will lead to an increase in the number of assistance and support devices in the future. Increasing cases of occupational injuries and road accidents are further expected to result in appreciable revenue growth in the orthopedic device market during the forecast period (2024-2030).
Some of the key market players operating in the orthopedic devices market include Stryker Corporation, Zimmer Biomet, Johnson and Johnson, Enovis, Smith & Nephew PLC, Medtronic PLC, Boston Scientific Corporation, NuVasive Inc., Globus Medical Inc., ConMed Corporation, Bioventus, Orthofix, Colson Medical LLC, Exactech Inc., Medacta International, Surgalign Holdings, Paragon 28 Inc, Orthofix, Arthrex Inc., Integra Lifesciences, Bosch Global, and others.
North America is expected to dominate the overall Orthopedic device market during the forecast period, 2024 to 2030. This can be ascribed to the presence of a large old age population in the North American region. Increasing cases of bone disorders like osteoarthritis and osteoporosis and weak skeletal system also do play a major role in driving the orthopedic device market in the region. In addition, it is a highly potent market in terms of product development and launches, and the presence of key market players also driving the market growth.