Europe Orthopedic Devices Market Expected to Reach USD 21,368.9 Million by 2032, Growing at a CAGR of 3.8%

Market Overview:

The Europe Orthopedic Devices market size is expected to reach USD 21,368.9 Million by 2032, exhibiting the CAGR of 3.8% during the forecast period.

Orthopaedic implants are substances utilized to restore bones and joints in rigid tissue applications. This grouping also involves secured plates that are placed to balance fractures. Because of the massive elderly population worldwide, the aggregate of bone wounds and fractures has escalated lately. Osteoporosis and osteoarthritis have become the prevalent illnesses in the elderly. The recurrence of alternate constrained fall wounds amidst older people is also confirmed to be a propeller of market growth.

Growth Factors and Opportunities

• The Europe orthopedic devices market size expanding due to growing contemporary orthopedic devices merged with progressive technology to provide a productive cure for orthopedic conditions and improve patient scrutiny and diagnosis.
• The merger of enhanced biocompatible substances with patients’ organic tissues guarantees no adverse reactions. These gadgets have the potential to observe several facets, such as implant stability, joint portability, and tissue repairs, which have pushed the market towards expansion.
• The growing usage of robotics in orthopedic surgeries sanctions intricate chores such as joint substitution to be executed with unique accuracy. Robots help surgeons with real-time, three-dimensional mapping and improve implant positioning precision.

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Company Profile

The firms broadly possess the biggest market share and command industry trends. Major companies in the Europe orthopedic devices market are noted below:

• Enovis
• Medtronic
• Stryker
• Zimmer Biomet
• Johnson & Johnson Services, Inc.
• Smith and Nephew PLC
• CONMED Corporation
• NuVasive, Inc.
• Arthrex Inc.
• Allegra Medical Technologies Ltd.

Regional Scope

The regions covered in the report are Europe, North America, Latin America, Asia Pacific, Middle East & Africa.

Europe Orthopedic Devices Market, Countries Outlook (Revenue – USD Million, 2019-2032)

• Germany
  • Application Outlook
    • Hip
    • Knee
    • Spine
    • Cranio-Maxillofacial
    • Dental
    • SET
  • Product Outlook
    • Accessories
    • Surgical Devices

  UK

  • Application Outlook
    • Hip
    • Knee
    • Spine
    • Cranio-Maxillofacial
    • Dental
    • SET
  • Product Outlook
    • Accessories
    • Surgical Devices
• France
  • Application Outlook
    • Hip
    • Knee
    • Spine
    • Cranio-Maxillofacial
    • Dental
    • SET
  • Product Outlook
    • Accessories
    • Surgical Devices
• Italy
  • Application Outlook
    • Hip
    • Knee
    • Spine
    • Cranio-Maxillofacial
    • Dental
    • SET
  • Product Outlook
    • Accessories
    • Surgical Devices

The market for orthopedic devices in Europe has experienced significant growth in recent years. This growth can be primarily attributed to the integration of advanced technology into orthopedic devices, which allows for more effective treatment of orthopedic conditions and better monitoring and diagnosis of patients. These devices are equipped with electronic components, communication capabilities, sensors, and data analysis tools, enabling them to provide immediate feedback on the functionality of implants and the overall well-being of patients. The presence of advanced healthcare infrastructure, favorable reimbursement policies, and high healthcare expenditure are expected to contribute to the rapid expansion of this market. This expansion is primarily driven by a large patient population, increased awareness about healthcare, improved healthcare infrastructure, and rising disposable income.