Orthopedic Disposables Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented By Type (Bone Preparation Kits, Pulsed Lavage System, Bone Cement Mixer, Tourniquet System, Suture Retrievers, Positioner Kits, Others), By Application (Trauma, Wound Care, Orthopedic Surgeries), By End User (Hospitals & Specialty Clinics, Ambulatory Surgical Centers, Others), By Regi

Published Date: November - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Healthcare | Format: Report available in PDF / Excel Format

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Orthopedic Disposables Market - Global Industry Size, Share, Trends, Opportunity and Forecast, 2017-2027 Segmented By Type (Bone Preparation Kits, Pulsed Lavage System, Bone Cement Mixer, Tourniquet System, Suture Retrievers, Positioner Kits, Others), By Application (Trauma, Wound Care, Orthopedic Surgeries), By End User (Hospitals & Specialty Clinics, Ambulatory Surgical Centers, Others), By Regi

Global orthopedic disposables market is anticipated to grow with an impressive CAGR value in the mentioned forecast years 2023-2027 on the account of increasing demands for the disposable medical products. Increase in the demand for the orthopedic medical devices is further driving the growth of the global orthopedic disposables market in the upcoming five years.

Orthopedic disposables are the medical devices specifically designed for one time use such that infection instances during and after the use of medical devices for various purposes can be minimized. These are biodegradable implants and medical products that allows the disease prognosis and treatment purposes in environmentally friendly ways.

These devices are also promoted by the physicians and experts to minimize cross contamination of the artificial bone manufacturing procedures. The medical devices have other advantages like cost-savings higher efficiency, and increased safety standards meanwhile they do not sacrifice durability and strength of other traditional instruments and equipment.

Technological Advancements Drive Market Growth

Increased research and technological advancement in the orthopedic devices lead the global orthopedic disposables market to its expected growth in the upcoming five years. Major economies are actively investing and promoting private investments in the disposable medical devices thus aiding to the growth of the global orthopedic disposables market in the next five years.

Single-use procedural kits are readily accepted in the industry leading to the increase in demand. Moreover, medical device designers, manufacturers, and surgeons are preferring the use of orthopedic disposables thus aiding the demand and thus the growth of the global orthopedic disposables market in the future five years.

Safety Concerns Supports Market Growth

Increasing concerns among the population and physician & surgeons regarding safety of the patient and the procedures is further driving the growth of the global orthopedic disposables market in the upcoming five years. Use of traditional equipment have decreased significantly in recent years owing to the concerns for procedure safety. With guaranteed sterility, and confirmed safety standards, disposable products are further in demand and thus support the growth of the global orthopedic disposables market in the future five years.

According reports in 2020, out of 296,000 patients suffering spinal cord injuries in the United States, 30% of the patients were re-hospitalized due to post-op complications. Post-op complications often arise majorly due to infections caused during or after the surgeries are completed, making it hazardous situation. The patients being re-hospitalized often require new implants, or complete surgeries that increase healthcare cost as well as increased risk of death during operations. Thus, the demand for orthopedic disposables increases and support the growth of the global orthopedic disposables market in the forecast years.

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Market Segmentation

The global orthopedic disposables market segmentation is based on type, application, end user, regional distribution, and competitive landscape. Based on type the market is fragmented into bone preparation kits, pulsed lavage system, bone cement mixer, tourniquet system, suture retrievers, positioner kits, and others.

On the basis of application, the market is sub-segmented into trauma, wound care, and orthopedic surgeries. Market segmentation based on end user, bifurcates into hospitals & specialty clinics, ambulatory surgical centers, and others.

Company Profile

Arthrex, Inc., Stryker Corporation, Zimmer Biomet Holdings, Inc., Skytron Corporation, DeRoyal Industries, Inc., Steris Corporation, Johnson & Johnson, B. Braun Melsungen AG, Smith & Nephew, Plc., Medtronic, Plc., are enlisted in a partial list of major market players of the global orthopedic disposables market. The existing market players are highly invested in research and product development along with viable service provisions for the consumers. New market entrants may follow similar strategies along with merger and acquisition methods for future brand establishment.

Attribute

Details

Base Year

2021

Historical Data

2017 â€“ 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

  • Type
  • Application
  • End User

Regional scope

North America; Europe; Asia Pacific; South America; Middle East & Africa

Country scope

United States, Mexico, Canada, China, India, Japan, South Korea, Australia, Germany, France, United Kingdom, Spain, Italy, South Africa, UAE, Saudi Arabia, Brazil, Argentina, Colombia

Key companies profiled

Arthrex, Inc., Stryker Corporation, Zimmer Biomet Holdings, Inc., Skytron Corporation, DeRoyal Industries, Inc., Steris Corporation, Johnson & Johnson, B. Braun Melsungen AG, Smith & Nephew, Plc., Medtronic, Plc.,

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