(MoneyNewsWire.Net, July 17, 2017 ) People who are afflicted with chronic wounds, which take significant amount of time to heal and are expensive to treat have received a much-needed relief in the form of Orthopedic Devices. Orthopedic Devices market caters feasible and user-friendly products to the afflicted patients. In order to acquire a biocompatible tool, several properties of musco-skeletal tissues such as tendon, bone, ligament, and cartilage need to be properly comprehended. The materials utilized in the devices must be adjustable to the body in order to prevent rejection.
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The growth of the Europe Orthopedic Devices market is mainly due to growing prevalence of orthopedic conditions, rising number of road accidents, continuous innovation in the implants technology, and increasing awareness of minimally invasive procedures. However, factors such as costly procedures & equipment, recurrent product recalls, biocompatibility issues, and stringent regulatory approval procedures in the EU are restraining the growth of the market in this region.
Europe Orthopedic Devices Market: Segmentation
Foot and Ankle
Y-o-Y Growth Analysis, By Anatomical location
Market Attractiveness Analysis, By Anatomical location
Market Share Analysis, By Anatomical location
Type of Consumables
Orthopedic suture anchors
o Resorbable suture anchors
o Metallic suture anchors
Y-o-Y Growth Analysis, By Type of Consumables
Market Attractiveness Analysis, By Type of Consumables
Market Share Analysis, By Type of Consumables
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The Europe market has been geographically segmented into Germany, U.K, France, Spain, and Italy. Europe is the second largest market with a global share of 27% and is boosted by the rising demand for infusion pumps and drug-eluding stents. Germany is the largest market share holder for the Orthopedic Devices market in this region, followed by the UK and France. Other significant markets in the region are Spain, Italy, Netherlands, and Greece.
The market is categorized by the existence of diversified international and national companies, where the global players lead the market and are predicted to grow exponentially by securing regional or local companies. The major companies dominating the Orthopedic Devices market in this region are Medtronic, Stryker, Zimmer Inc., DePuy, Synthes, Smith & Nephew, and Biomet.
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Reasons to buy Europe Orthopedic Devices Market Report:
Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
Study the micro environment factors that determine the overall profitability of an Industry, using Porters five forces analysis for analysing the level of competition and business strategy development
A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
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