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Global Orthopedic Consumables Market 2017-2021

Global Orthopedic Consumables Market 2017-2021

About Orthopedic Consumables

Orthopedic devices are instruments and implants used in orthopedic surgeries to implant skeletal structure and restore joint movement. The need for these devices arises due to factors such as abnormal growth of bones, deformities, fractures, and soft tissue damage. Most of the devices used in orthopedic surgeries are externally attached or surgically implanted through simple, persistent procedures. These devices are known to reduce pain, improve the quality of life, and restore the mobility of individuals effectively.

Technavio’s analysts forecast the global orthopedic consumables market to grow at a CAGR of 4.19% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global orthopedic consumables market for 2017-2021. To calculate the market size, the report considers the revenue generated from sales/volume/value of orthopedic consumables.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Orthopedic Consumables Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DePuy Synthes
  • Stryker
  • Wright Medical
  • Zimmer Biomet
Other prominent vendors
  • AMPLITUDE
  • Arthrex
  • BIOTEK
  • BSN medical
  • CONMED
  • DSM Biomedical
  • Exactech
  • JRI ORTHOPAEDICS
  • KCI
  • KFx Medical
  • Lima Corporate
  • Parcus Medical
  • Prime Medical
  • Promedics Orthopaedic
  • Medtronic
  • MedShape
  • 3M
  • ORTHOTECH
  • Yancheng Senolo Medical Technology
  • ZipLine Medical
Market driver
  • Rising incidence of accidental injuries
  • For a full, detailed list, view our report
Market challenge
  • High cost of orthopedic procedures
  • For a full, detailed list, view our report
Market trend
  • Growing popularity of MI procedures
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Orthopedic Consumables Market 2017-2021

Technavio recognizes the following companies as the key players in the global orthopedic consumables market: DePuy Synthes, Stryker, Wright Medical, and Zimmer Biomet.

Other Prominent Vendors in the market are: AMPLITUDE, Arthrex, BIOTEK, BSN medical, CONMED, DSM Biomedical, Exactech, JRI ORTHOPAEDICS, KCI, KFx Medical, Lima Corporate, Parcus Medical, Prime Medical, Promedics Orthopaedic, Medtronic, MedShape, 3M, ORTHOTECH, Yancheng Senolo Medical Technology, and ZipLine Medical.

Commenting on the report, an analyst from Technavio’s team said: “The latest trend gaining momentum in the market is growing popularity of MI procedures. Traditional open surgeries can cause post-operative complications such as pain, partially-collapsed lungs, blood clots, fatigue, muscle atrophy, and infections. The anesthesia administered before surgeries can cause nausea, sore throat, confusion, and sleepiness. To reduce such complications, medical facilities have started implementing MI techniques in their surgical procedures. These surgeries are associated with reduced cost and hospital stay, lower risks of post-operation infections, rapid results, and a faster recovery period.”

According to the report, one of the major drivers for this market is M&A. Vendors undergo M&A to extend their product offerings, increase their market shares, and expand their operations. To offer innovative solutions, they acquire companies that will enhance their R&D capabilities, leading to the development of products that meet consumer needs. The acquisition of companies also allows vendors to gain access to the product portfolio of the acquired company. M&A serves as a business strategy, allowing market entry for new players.

Further, the report states that one of the major factors hindering the growth of this market is high cost of orthopedic procedures. Hospitals and surgical centers are under constant pressure to deliver quality care at low cost. However, this has become difficult due to the implementation of advanced procedures that involve the use of sophisticated devices. Hospitals and ASCs need to consider various procurement processes and budget allocation considerations before purchasing such devices. To increase their budget, hospitals sometimes increase the procedure cost. This can increase the cost burden on individuals, which hinders the adoption of such procedures. High cost of orthopedic procedures has impacted the sales of orthopedic consumable products.

DePuy Synthes, Stryker, Wright Medical, Zimmer Biomet, AMPLITUDE, Arthrex, BIOTEK, BSN medical, CONMED, DSM Biomedical, Exactech, JRI ORTHOPAEDICS, KCI, KFx Medical, Lima Corporate, Parcus Medical, Prime Medical, Promedics Orthopaedic, Medtronic, MedShape, 3M, ORTHOTECH, Yancheng Senolo Medical Technology, and ZipLine Medical.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
  • Market landscape
    • Market overview
      • Table Global orthopedic devices and global orthopedic consumables market in 2016 ($ billion)
      • Table Market overview: Orthopedic consumables market 2016 and 2021
    • Market size and forecast
      • Table Global orthopedic consumables market 2016-2021 ($ millions)
      • Table Unmet needs and strategies obtained by companies to increase market growth
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Table Global orthopedic consumables market by product in 2016 and 2021
    • Surgical orthopedic consumables
      • Table Market overview: Surgical orthopedic consumables
      • Table Global surgical orthopedic consumables market 2016-2021 ($ millions)
    • Wound-management orthopedic consumables
      • Table Market overview: Wound-management orthopedic consumables
      • Table Global wound-management orthopedic consumables market 2016-2021 ($ millions)
  • Market segmentation by end-user
    • Table Global orthopedic consumables market by end-users 2016
    • Hospitals and clinics
    • ASCs
      • Table Buying criteria of end-users in 2016
  • Geographical segmentation
    • Table Global orthopedic consumables market by geographic segmentation 2016 and 2021 ($ millions)
    • Orthopedic consumables market in Americas
      • Table Market overview: Orthopedic consumables market in Americas
      • Table Percentage of obese population in Americas above 15 years of age in 2013
      • Table Orthopedic consumables market in Americas 2016-2021 ($ millions)
      • Table Orthopedic consumables market in Americas: Market analysis in various countries
      • Table Market overview: Orthopedic consumables market in US
      • Table Market dynamics: Orthopedic consumables market in the US
    • Orthopedic consumables market in EMEA
      • Table Market overview: Orthopedic consumables market in EMEA
      • Table Orthopedic consumables market in EMEA 2016-2021 ($ billions)
      • Table Orthopedic consumables market in EMEA: Market analysis in various countries
      • Table Market overview: Orthopedic consumables market in UK
      • Table Market dynamics: Orthopedic consumables market in UK
    • Orthopedic consumables market in APAC
      • Table Market overview: Orthopedic consumables market in APAC
      • Table Orthopedic consumables in APAC 2016-2021 ($ millions)
      • Table Orthopedic consumables market in APAC: Market impact analysis in various countries
      • Table Market overview: Orthopedic consumables market in Australia
      • Table Market dynamics: Orthopedic consumables market in Australia
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table New technological product launches in key markets
      • Table M&A
      • Table Number of road injuries in UK in 2015\
      • Table Primary shoulder and elbow surgery cases in UK 2013-2015
      • Table Shoulder and elbow revision surgery cases in UK 2013-2015
      • Table Revision hip replacement procedures in UK 2014-2015
    • Market challenges
      • Table Average treatment cost of lower and upper extremity fracture
      • Table Orthopedic procedure complications and its market impact
  • Market trends
    • Growing popularity of MI procedures
    • Technological advances
    • Increase in orthopedic outsourcing
  • Vendor landscape
    • Competitive landscape
      • Table Competitive structure analysis of global orthopedic consumables market 2016
      • Table Competitive landscape analysis of global orthopedic consumables market 2016
      • Table Strategic recommendation for vendors in global orthopedic consumables market
  • Key vendor analysis
    • DePuy Synthes
      • Table DePuy Synthes: Strength assessment
      • Table DePuy Synthes: Strategy assessment
      • Table DePuy Synthes: Opportunity assessment
    • Stryker
      • Table Stryker: Strength assessment
      • Table Stryker: Strategy assessment
      • Table Stryker: Opportunity assessment
    • Wright Medical
      • Table Wright Medical: Strength assessment
      • Table Wright Medical: Strategy assessment
      • Table Wright Medical: Opportunity assessment
    • Zimmer Biomet
      • Table Zimmer Biomet: Strength assessment
      • Table Zimmer Biomet: Strategy assessment
      • Table Zimmer Biomet: Opportunity assessment
    • Other prominent vendors
      • Table Other prominent vendors: Global orthopedic consumables market
  • Appendix
    • List of abbreviations
  • Explore Technavio

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