Global Orthopedics Diagnostic Devices Market Forecast to 2030
The "Global Orthopedics Diagnostic Devices Market" research by Emergen Research is a thorough compilation of analytical data regarding the Orthopedics Diagnostic Devices sector. The research contains a market segmentation for Orthopedics Diagnostic Devices as well as a thorough evaluation of the market's size (both in terms of volume and value). The study analyzes the present Orthopedics Diagnostic Devices Market and provides a detailed prediction for the years 2022–2030.
The global orthopedic diagnostic devices market size reached USD 11,024.00 Million in 2021 and is expected to register a revenue CAGR of 3.9% during the forecast period, according to the latest analysis by Emergen Research. The global demand for diagnosis and diagnostic equipment has increased due to the rising prevalence of orthopedic disorders such as osteoporosis, arthritis, elbow discomfort, and others. Arthritis is estimated to affect around 72 million people in the United States by 2030, according to the Centers for Disease Control and Prevention (CDC), and therefore, demand for orthopedic diagnostic equipment is likely to increase in the United States, making it one of the most lucrative markets in the world. An increase in the number of old and obese people is also expected to increase the adoption rate of orthopedic diagnostic devices and, thus, drive market revenue growth during the forecast period. According to the US Department of Health and Human Services projections, the country's geriatric population would increase to 72.1 million by 2030, more than doubling from 2000. This is expected to increase demand for orthopedic diagnostic devices as the geriatric population is more susceptible to orthopedic diseases such as osteoporosis and osteoarthritis.
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Competitive Landscape:
Furthermore, the report includes an in-depth analysis of the competitive landscape. The segment covers a comprehensive overview of the company profiles along with product profiles, production capacities, products/services, pricing analysis, profit margins, and manufacturing process developments. The report also covers strategic business measures undertaken by the companies to gain substantial market share. The report provides insightful information about recent mergers and acquisitions, product launches, collaborations, joint ventures, partnerships, agreements, and government deals.
Key Companies Profiled in the Report:
GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Canon Medical Systems Corporation, Hitachi, Ltd, Esaote S.p.A., Hologic, Inc, Planmed Oy, FUJIFILM Holdings Corporation, Stryker, Zimmer Biomet, Bone Index Ltd, SCANCO Medical AG and Echolight S.p.a
Market Dynamics:
The report offers insightful information about the market dynamics of the Orthopedics Diagnostic Devices market. It offers SWOT analysis, PESTEL analysis, and Porter’s Five Forces analysis to present a better understanding of the Orthopedics Diagnostic Devices market, competitive landscape, factors affecting it, and to predict the growth of the industry. It also offers the impact of various market factors along with the effects of the regulatory framework on the growth of the Orthopedics Diagnostic Devices market.
Radical Highlights of the Orthopedics Diagnostic Devices Market Report:
Comprehensive overview of the Orthopedics Diagnostic Devices market along with analysis of the changing dynamics of the market
Growth Assessment of various market segments throughout the forecast period
Regional and global analysis of the market players, including their market share and global position
Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
Impact of the technological developments and R&D advancements on the Orthopedics Diagnostic Devices market
Information about profit-making strategies and developmental strategies of major companies and manufacturers
Insightful information for the new entrants willing to enter the market
Details and insights about business expansion strategies, product launches, and other collaborations
The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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Some Key Highlights From the Report
X-ray systems segment revenue is expected to register a significantly rapid CAGR during the forecast period, owing to increasing use of interventional X-ray systems, including C-arms and others, for image-guided surgeries. Advances in C-arms, including mini C-arms based on digital radiography and flat panel detectors, have been instrumental in driving demand for X-ray equipment globally.
Point of care segment is expected to register a significantly robust revenue growth rate over the forecast period, due to rising demand for point-of-care orthopedics diagnostic devices, among other healthcare devices, owing to increasing preference for portable and less obtrusive medical devices.
North America is expected to register a considerably robust revenue growth rate in the global orthopedics diagnostic devices market over the forecast period, due to direct presence of key regional players, a strong distribution network, and well-established healthcare infrastructure. Recent trends in the North America orthopedics diagnostic devices market include use of new polymer materials and development of prosthetic devices as per functional needs of patients.
Orthopedics Diagnostic Devices Market Segmentation:
Market Overview:
The report bifurcates the Orthopedics Diagnostic Devices market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
Product Outlook (Revenue, USD Million; 2019–2030)
X-ray Systems
Fluoroscopy
Doppler Ultrasound
Computed Tomography (CT Scan)
Quantitative Computed Tomography
High-resolution peripheral quantitative computed tomography (HR-pQCT)
Weight Bearing CT (WBCT)
Magnetic Resonance Imaging (MRI)
Weight Bearing MRI
Other Devices
Other Diagnostic devices
Type Outlook (Revenue, USD Million; 2019–2030)
Standalone
Point of Care
Age Group Outlook (Revenue, USD Million; 2019–2030)
Pediatrics
Adults
Regional Segmentation;
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
In conclusion, the Orthopedics Diagnostic Devices Market report is an exhaustive database that will help readers formulate lucrative strategies. The Orthopedics Diagnostic Devices Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
How will this Report Benefit you?
A 250-page report from Emergen Research includes 194 tables and 189 charts and graphics. Anyone in need of commercial, in-depth assessments for the global Orthopedics Diagnostic Devices market, as well as comprehensive market segment analysis, can benefit from our new study. You can assess the whole regional and global market for Orthopedics Diagnostic Devices with the aid of our recent study. To increase market share, obtain financial analysis of the whole market and its various segments. We think there are significant prospects in this industry for rapidly expanding energy storage technology. Look at how you may utilise the current and potential revenue-generating prospects in this sector. The research will also assist you in making better strategic decisions, enabling you to build growth strategies, strengthen competitor analysis, and increase business productivity.
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