The market for orthopaedic devices is anticipated to grow to $68.51 billion by 2027 at a CAGR of 6.6 per cent. The knee orthopaedic device segment’s market share in 2021 was above 29 per cent. Due to the increasing number of knee surgeries, this market is expected to continue to lead from 2022 to 2030. The second-largest market is in Europe due to increased operations, consumer awareness of technologically advanced orthopaedic devices, and increased healthcare expenditure by the local population. The prevalence of orthopaedic problems, including degenerative bone disease, the ageing population’s growth, and the rise in automobile accidents are all factors in the market’s expansion. Additionally, the early development of obesity-related musculoskeletal issues is anticipated to fuel market growth. An enormous increase in the frequency of orthopaedic injuries and musculoskeletal disorders, which cause severe physical limitations, will drive demand for these devices during the projected period.
In the near future, the rising demand for orthopaedic operations will fuel further research into emerging technologies like 3D printing and material selection improvements, such as using durable, lightweight titanium in numerous orthopaedic devices. It is anticipated that the potential beneficial impact of these devices on orthopaedic treatment will increase significantly as they become more advanced.
This edition of MedTech Outlook Europe brings into spotlight the key developments in the orthopaedic space in Europe. It features a combination of thought leadership articles from Brian Cohen, MHA, Director of Orthopedic and Spine Services, Palomar Health and Joshua S. Dines, MD, Sports Medicine Surgeon, HSS with real-life stories on fostering robust partnerships and exclusive insights from CIOs and CXOs. This edition brings you the stories of some of the most successful Orthopedic Solutions Providers in Europe - 2022 like Imed Surgical Technology and Cibo Abrasives. Imed Surgical Technology develops solutions for fixation materials, software and training simulation in the use of long bone and joint fractures and deformity corrections for both children and adults. Cibo Abrasives develops abrasive wheels for orthopedic and medical use to save both time and cost.
We hope this edition will provide you with assistance in choosing the right Orthopedic Solutions Providers according to your requirements. We present to you the Top 10 Orthopedic Solutions Providers in Europe - 2022. Let us know your thoughts.
