New York, NY -- (SBWIRE) -- 02/05/2021 -- Orthopedic instruments are specifically designed to strengthen the body's balance, manage various forms of deformities, and regain the skeleton's natural function, either through reinforcing or removing the injured part. These technologies combined with advanced diagnostic methods continue to minimize the need for a variety of complex orthopedic surgical procedures.

The report is furnished with the latest market scenario pertaining to the COVID-19 pandemic and its after-effects on the Orthopedics Instruments industry and the key segments. The pandemic has disrupted the workflow of the industry and created financial difficulties. The report assesses the complete impact of the pandemic on the market and offers key insights into the market scenario along with trends and demands disruptions. The report also offers an outlook on the market scenario in the forecast timeline.

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Major Players Include:

- Medtronic PLC
- Stryker Corporation
- Zimmer-Biomet Holdings, Inc.
- DePuy Synthes
- Smith and Nephew PLC
- Aesculap Implant Systems, LLC
- Conmed Corporation
- Donjoy, Inc.
- NuVasive, Inc.

Market Drivers

Growing cases of many orthopedic diseases and a large senior population are two main factors that drive the industry's development. Furthermore, increasing incidences of several orthopedic surgery forms, combined with an aging population, and knowledge of specialized orthopedic instruments also promote market growth. Continual innovations in orthopedic surgery are helping the overall orthopedic industry sustain steady growth in recent years, and this development is expected to continue in the future.

By Type Outlook,
- Sharp Instruments
- Common Instruments
- Bone Chisels

By Application Type Outlook,
- Arthroscopy
- Soft Tissue Repair
- Others

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Regional Outlook

North America has dominated the global market in terms of revenue share, leading to the growing demand for advanced healthcare facilities due to rapid developments in healthcare technology, insurance coverage, and business giants' involvement. Moreover, the increasing number of car accidents in the region is fueling the need for orthopedic surgery. Asia Pacific is expected to present the fastest CAGR over the projected timeframe. The medical tourism industry's development due to the availability of numerous advanced treatments in a cost-effective manner is attracting the target patient population in this region.

Market Segmentation by Regions:

- North America (U.S., Canada)
- Europe (U.K., Italy, Germany, France, Rest of EU)
- Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
- Latin America (Chile, Brazil, Argentina, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Report Highlights:

- Detailed overview of the market
- Changing dynamics of the market
- Market segmentation
- Regional landscape of the market
- Evaluation of the market based on the present and past data collected
- Historical, present, and projected market, in terms of volume and value
- Recent trends and developments in the market
- Competitive landscape
- Strategies adopted by key players and products offered by them

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To summarize everything stated above, the report offers key insights into the Orthopedics Instruments market to allow the reader to gain a complete understanding of the Global Orthopedics Instruments Market through accurate estimations, a panoramic view of the market scenario, competitive landscape, factors influencing the growth of the market, driving factors, restraints, regulatory framework, growth prospects and opportunities, and factors propelling the market forward. The research study offers an in-depth view of the industry to offer a competitive edge to the reader and help them in formulating beneficial investment plans. The report provides a comprehensive overview of the market with facts relating to the past, present, and future of the Global Orthopedics Instruments Market.

Global Orthopedics Instruments Market: Table of Contents

Chapter 1. Market Synopsis

    1.1. Market Definition

    1.2. Research Scope & Premise

    1.3. Methodology

    1.4. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Indicative Metrics

Chapter 4. Orthopedics Instruments Market Segmentation & Impact Analysis

Continued……….

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