Orthopedic Implants Market to Witness an Outstanding Growth During 2019-2030 - Zimmer Biomet, Stryker, Smith & Nephew
Orthopedic implants are medical devices which are used to support or replace damaged joints or bones. These implants are fabricated using several materials, namely titanium, stainless steel, and other plastic materials. These implants play a vital role in addressing several musculoskeletal conditions, by restoring mobility and reducing pain. Moreover, these implants further assists in treating deformities, restore normal skeletal function and stabilizing body posture among others. The global market is driven by growing geriatric population, and increasing incidences of osteoarthritis, & osteoporosis worldwide. Moreover, rising medical tourism and advancements in technology has been crucial in contributing to the growth of the global market. For instance, advent of 3D printing technology has gained immense popularity among medical device manufacturers for fabrication of patient-specific implants, prototypes and biodegradable implants among others. However, high costs associated wit...