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The Middle East and Africa Orthopedic Devices Market – Size, Trends, Growth analysis 2016-21

Tuesday, June 12, 2018 1:53
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According to the report, the Middle East and Africa Orthopedic Devices market, published by Market Data Forecast, market was worth $2.66 billion in 2016 and estimated to be growing at a CAGR of 4.61%, to reach $3.34 billion by 2021.

An Orthopedic device gives support to the body in the place of missing joint or bone. It helps in rebuilding the missed configuration. Every 25 in 1000 people are having Orthopedics devices due to the osteoarthritis. The materials utilized in the devices must be adjustable to the body in order to prevent rejection. This data helps us in creating materials and plans that are explicitly custom-made for each type of tissue defect.

Increasing prevalence of diabetes and obesity, lack of physical activity, poor diet intake and rising trend of smoking and alcohol consumption will fuel orthopedic devices market demand over the forecast years. New innovations in the field of osteology should boost the development of cost-effective devices.  Technological advances in 3D printing, robot-assisted surgical procedures, and smart implants will represent high impact driving factors for the global industry revenue. Increasing incidence of road accidents and sports injuries, and spurring demand for minimally invasive surgical procedures should stimulate global orthopedic devices market growth. Availability of innovative materials and biodegradable implants for medical interventions will augment demand.

Get a comprehensive overview of the Middle East and Africa Orthopedic Devices market: http://www.marketdataforecast.com/market-reports/middle-east-and-africa-orthopedic-devices-market-1466/

The Middle East and Africa Orthopedic Devices market: Drivers & Restraints

Increasing prevalence of diabetes and obesity, lack of physical activity, poor diet intake and rising trend of smoking and alcohol consumption, New innovations in the field of Healthcare, Technological advances in 3D printing, robot-assisted surgical procedures, and smart implants, increasing incidence of road accidents and sports injuries and spurring demand for minimally invasive surgical procedures should stimulate global orthopedic devices market growth. Availability of innovative materials and biodegradable implants for medical interventions will augment demand. High incidence of orthopedic related disorders, rise in the number of aging population, increasing number or work related musculoskeletal disorders and increasing awareness of minimally invasive procedures are also some of the reasons augmenting the growth of the market. Rising cost burden of expensive surgeries, high cost of implants, and dearth of skilled professionals may hinder business growth. Lack of uniform reimbursement landscape in developed countries and low per capita healthcare expenditure in developing nations will hamper adoption of advanced devices over the coming years.

Get accurate market forecast and analysis on the, the Middle East and Africa Orthopedic Devices market. Request a sample to stay up-to-date on the main trends affecting this market: http://www.marketdataforecast.com/market-reports/middle-east-and-africa-orthopedic-devices-market-1466/request-sample

The Orthopedic Devices market: Segmentation

  • By Anatomical location       
  • Knee        
  • Shoulder 
  • Foot and Ankle     
  • Hip            
  • Spine        
  • Elbow       
  • Craniomaxillofacial             
  • Others
  • Type of Consumables                            
  • Orthopedic staples             
  • Orthopedic suture anchors       
        • Resorbable suture anchors    
        • Metallic suture anchors

From simple data collation through secondary and primary research to ad-hoc research requests relating to specific information, we provide our services via customization. Get customization at http://www.marketdataforecast.com/market-reports/middle-east-and-africa-orthopedic-devices-market-1466/customize-report

Orthopedic Devices Market: Overview

Orthopaedic devices are intended to stabilize the body posture, treat the deformities and restore the normal skeletal function either by replacing or reinforcing the damaged part. The orthopaedic devices market has evolved from conventional surgical procedures to the use of modern prosthetic and fixation devices. These innovations coupled with modern diagnostic techniques have significantly reduced the need of complex surgical procedures. The market is still looking more advanced, fully automated and economic orthopaedic devices.

Orthopedic Devices Market: Region-wise Outlook

The market has been geographically segmented into Middle-East and Africa. In terms of market share, South Africa leads the market in this region. Other significant markets in this region include UAE, Israel and Nigeria. Trade in medical devices and equipment is vital to the region’s growth and growing geriatric populace and rising frequency of obesity and bone-related ailments with all markets reliant on imports.

Key Questions Answered

  • What is the current and future Middle East and Africa Orthopedic Devices Market outlook? What trends are affecting the Middle East and Africa market?
  • What is the competitive landscape and market share of major players in the Middle East and Africa market Orthopedic Devices space?
  • What are the key, high growth markets that Middle East and Africa market Orthopedic Devices manufacturers should expand into? Which market segments are growing the fastest?
  • What are the analysis of the macro and micro factors that affect the Middle East and Africa market Orthopedic Devices Market on regional scales.
  • What are the unmet needs with the Middle East and Africa market Orthopedic Devices currently on the market? How will emerging technologies fulfil these unmet needs?
  • What is physician perception and market outlook of the Middle East and Africa market Orthopedic Devices?
  • What are the challenges and barriers that have hindered widespread adoption of the Middle East and Africa market Orthopedic Devices?
  • What are the key sustainability strategies adopted by market players?

Orthopedic Devices: Key Players

The market is categorized by the existence of diversified international and national companies, where the global players lead the market and are predicted to grow exponentially by securing regional or local companies. The major companies dominating the global Orthopedic Devices market are Medtronic, Stryker, Zimmer Inc., DePuy, Synthes, Smith & Nephew, and Biome.

Reasons to buy Orthopedic Devices Market Report:

•             Regional and country-level analysis and forecasts of the study market; providing Insights on the geographical areas in which this industry is prospering

•             Segment-level analysis on basis of product type, application, colour along with market size forecasts and y-o-y estimations to detect key areas of industry growth in detail

•             Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

•             Study of macro and micro environmental factors that affect the market presented in an extensive strategic analyses section containing PESTLE and Porter’s Five Forces Analyses

•             A comprehensive listing of key market players along with company overview, product portfolios, key financial information (subjected to availability), SWOT analysis and Analyst overview to study and sustain the market environment

•             Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

•             Expertly devised Market Outlook along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

Check out other related studies in the Medical Devices Segment:

Ultrasound Devices Market: http://www.marketdataforecast.com/market-reports/global-ultrasound-devices-market-575/

Nuclear Medicine Diagnostics Market: http://www.marketdataforecast.com/market-reports/global-nuclear-medicine-diagnostics-market-123/

Dialysis Equipment Market: http://www.marketdataforecast.com/market-reports/global-dialysis-equipment-market-1941/

About Market Data Forecast:

Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, they cater to the needs of both individual and corporate clients. From all-encompassing umbrella markets to extremely specific niche markets covering all the major regions across the globe as part of the research scope, their research services offer one of a kind specialities with competitive pricing options. For more information, kindly visit, www.marketdataforecast.com.

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