"Competitive Analysis of Executive Summary Small Bone and Joint Orthopedic Devices Market Size and Share

CAGR Value

The small bone and joint orthopedic devices market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to account to USD 10,218.79 million by 2028 and will grow at a CAGR of 7.89% in the above mentioned forecast period.

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Small Bone and Joint Orthopedic Devices Market Landscape Overview

Segments

• By Product Type: The small bone and joint orthopedic devices market can be segmented into plates and screws, external fixation devices, joint replacement implants, and others.
• By Application: This market can be further divided based on applications such as trauma, arthroplasty, sports medicine, and others.
• By End User: Lastly, the market can be categorized by end users including hospitals, ambulatory surgical centers, orthopedic clinics, and others.

The demand for small bone and joint orthopedic devices is expected to rise significantly due to the increasing prevalence of musculoskeletal disorders, sports injuries, and road accidents. The plates and screws segment is anticipated to dominate the market as they are widely used in the fixation of fractures and bone deformities. The joint replacement implants segment is also expected to witness substantial growth due to the rising number of joint replacement surgeries worldwide. In terms of application, trauma is projected to hold a significant market share owing to the growing incidence of fractures and injuries. The hospitals segment is expected to lead the market among end users due to the availability of advanced healthcare facilities and skilled professionals.

Market Players

• DePuy Synthes Companies
• Arthrex, Inc.
• Stryker
• Smith & Nephew
• Zimmer Biomet
• Wright Medical Group N.V.