Qualitative: Orthopedics Diagnostic Devices Market Research Strategies for Holistic Analysis
The global orthopedics diagnostic devices market size reached USD 11,024.00 Million in 2021 and is expected to register a revenue CAGR of 3.9% during the forecast period, according to latest analysis by Emergen Research. The global demand for diagnosis and diagnostic equipment has increased, due to rising prevalence of orthopedic disorders, such as osteoporosis, arthritis, elbow discomfort, and others. Arthritis is estimated to affect around 72 million people in the United States by 2030, according to the Centers for Disease Control and Prevention (CDC), and therefore, demand for orthopedic diagnostic equipment is likely to increase in the United States, making it one of the most lucrative markets in the world. Increase in the number of old and obese people is also expected increase the adoption rate of orthopedics diagnostic devices and thus, drive market revenue growth during the forecast period. According to the US Department of Health and Human Services projections, the country\'s geriatric population would increase to 72.1 million by 2030, more than doubling from 2000. This is expected to increase demand for orthopedics diagnostic devices, as the geriatric population is more prone to orthopedic diseases, such as osteoporosis and osteoarthritis.
The report also discusses in detail the recent mergers and acquisitions, joint ventures, collaborations, product launches and brand promotions, agreements, corporate and government deals, and partnerships, among others. The report also sheds light on the recent technological developments and product advancements in the Orthopedics Diagnostic Devices market. The competitive landscape of the report has been formulated by considering all the vital parameters such as company profiling, market share, recent developments and advancements, gross margins, product portfolio, revenue generation, financial standing, market position, and expansion plans.
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Competitive Terrain:
The global Orthopedics Diagnostic Devices industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
The leading market contenders listed in the report are:
GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Canon Medical Systems Corporation, Hitachi, Ltd, Esaote S.p.A., Hologic, Inc, Planmed Oy, FUJIFILM Holdings Corporation, Stryker, Zimmer Biomet, Bone Index Ltd, SCANCO Medical AG and Echolight S.p.a
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Additional information offered by the report:
- Along with a complete overview of the global Orthopedics Diagnostic Devices market, the report provides detailed scrutiny of the diverse market trends observed on both regional and global levels.
- The report elaborates on the global Orthopedics Diagnostic Devices market size and share governed by the major geographies.
- It performs a precise market growth forecast analysis, cost analysis, and a study of the micro- and macro-economic indicators.
- It further presents a detailed description of the company profiles of the key market contenders.
Segments Covered in this report are:
-
Product Outlook (Revenue, USD Million; 2019–2030)
- X-ray Systems
- Fluoroscopy
- Doppler Ultrasound
- Computed Tomography (CT Scan)
- Quantitative Computed Tomography
- High-resolution peripheral quantitative computed tomography (HR-pQCT)
- Weight Bearing CT (WBCT)
- Magnetic Resonance Imaging (MRI)
- Weight Bearing MRI
- Other Devices
- Other Diagnostic devices
-
Type Outlook (Revenue, USD Million; 2019–2030)
- Standalone
- Point of Care
-
Age Group Outlook (Revenue, USD Million; 2019–2030)
- Pediatrics
- Adults
Radical Highlights of the Orthopedics Diagnostic Devices Market Report:
- Comprehensive overview of the Orthopedics Diagnostic Devices market along with analysis of the changing dynamics of the market
- Growth Assessment of various market segments throughout the forecast period
- Regional and global analysis of the market players, including their market share and global position
- Growth strategies adopted by key market players to combat the impact of the COVID-19 pandemic on the market
- Impact of the technological developments and R&D advancements on the Orthopedics Diagnostic Devices market
- Information about profit-making strategies and developmental strategies of major companies and manufacturers
- Insightful information for the new entrants willing to enter the market
- Details and insights about business expansion strategies, product launches, and other collaborations
- The report incorporates advanced analytical tools such as SWOT analysis, Porter’s Five Forces Analysis, feasibility analysis, and investment return analysis
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