Dissolving Implants Protect Patients’ Lovely Bones.

24 Apr 2017 09:11

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Biodegradable products such as reabosorbable polymers composed of polyglycolic acid and poly lactic acid manufactured in the form of plates, screws, and pins are replacing traditional devices like plates and screws which are more expensive. Surgeons are preferring biodegradable implants to replace conventional implants, as biodegradable implants can be engineered to provide temporary support for bone fractures; can degrade at a rate matching new tissue formation; can eliminate the need for second surgery, are highly useful in fracture fixation in children; and result in less implant related infections. For instance, Stryker Corp. offers orthrobiologics such as bone repair biodegradable products that are used in bone regeneration and bone healing, soft tissue regeneration and muscle connection to bone.


The Business Research Company expects the orthopedic devices market to grow to $45 Billion in 2020. Americas was the largest region in the orthopedic devices market in 2016, accounting for $15.8 billion or 41.7% of the market share.

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The chart below shows the year-on-year growth of the global orthopedic devices market during 2016 - 2020.


According to The Business Research Company’s Medical Equipment Consultant, Sandeep Kumar Bejini, the rapid expansion of healthcare facilities in developing economies such as Brazil, Malaysia, South Korea, China, India, South Africa, and other emerging countries will drive the market during the forecasted period. This will be supported by the high prevalence of bone related diseases such as bursitis, fibromyalgia, hip pain, knee pain, trauma, and osteoporosis, and osteoarthritis among the elderly population in these countries. Government agencies in these countries are rapidly expanding and investing in healthcare facilities, which has affected the market positively. Investments made by NGOs and private investors will also have a positive impact on the market.

Johnson & Johnson (J&J) was the largest company in the orthopedic devices market in 2015. J&J generated revenues of $9.3 billion from orthopedics medical devices division in 2015. Johnson & Johnson’s growth strategy is to improve revenues from the surgical devices division by investing in research centers and laboratories. The company’s new initiatives like J&J innovation centers and JLABS are expected to help the company in developing new products and boosting revenues. The company is also looking at expanding in China and other emerging markets.

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Orthopedic Devices are used for restoring skeletal structure and joint movements in various fractures, abnormal growth of bones, soft tissue damage, trauma or other deformities. These devices are implanted by surgical procedures or can be externally attached through minimally invasive procedures. Orthopedic devices can be classified as joint implants, internal and external fixation devices.

The global orthopedic devices market comprises of companies engaged in the manufacturing, marketing of orthrobiologics, spinal surgery, joint reconstruction, arthroscopy, trauma fixation, orthopedic accessories (includes orthopedic reamers), orthopedic braces and support, craniomaxillofacial (CMF) devices, orthopedic prosthetics.

Orthopedic Devices Global Market Briefing is a detailed report giving a unique insight into this market. The report is priced at $1000 for an individual user. To use across your office the price is $1500 and $2000 if you wish to use across a multinational company.

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