Orthopedics Diagnostic Devices Market Forecast to 2030

Orthopedics Diagnostic Devices industry forecasts, as well as qualitative and quantitative analyses, have been supplied by the report's writers. The SWOT analysis and Porter's Five Forces Analysis, which shed light on the industry's fiercely competitive environment, are two of the most crucial sections of this research. The global Orthopedics Diagnostic Devices market, including those in North America, Europe, Latin America, Asia Pacific, the Middle East, and Africa, is thoroughly examined in the study. In addition to revenue growth drivers and barriers, manufacturing consumption patterns, shifting customer tastes, and strict regulatory standards are also covered in this research.

According to the most recent research from Emergen Research, the market for orthopaedic diagnostic devices reached USD 11,024.00 million in 2021 and is projected to grow at a revenue CAGR of 3.9% over the next five years. Due to the expanding prevalence of orthopaedic problems such osteoporosis, arthritis, elbow pain, and others, there is an increased demand for diagnostic services and tools worldwide. According to the Centers for Disease Control and Prevention (CDC), by 2030, there will be approximately 72 million people in the United States who have some form of arthritis. As a result, the demand for orthopaedic diagnostic equipment in the country is expected to rise, making it one of the most lucrative markets in the world.

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The global Orthopedics Diagnostic Devices market report employs an extremely extensive and perceptive process that analyzes statistical data relating to services and products offered in the market. The research study is a pivotal document in understanding the needs and wants of the clients. The report is comprised of significant data about the leading companies and their marketing strategies. The Orthopedics Diagnostic Devices industry is witnessing an expansion and change of dynamics owing to the entry of several new players.

The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.

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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Some Key Highlights From the Report

  • X-ray systems segment revenue is expected to register a significantly rapid CAGR during the forecast period, owing to increasing use of interventional X-ray systems, including C-arms and others, for image-guided surgeries. Advances in C-arms, including mini C-arms based on digital radiography and flat panel detectors, have been instrumental in driving demand for X-ray equipment globally.
  • Point of care segment is expected to register a significantly robust revenue growth rate over the forecast period, due to rising demand for point-of-care orthopedics diagnostic devices, among other healthcare devices, owing to increasing preference for portable and less obtrusive medical devices.
  • North America is expected to register a considerably robust revenue growth rate in the global orthopedics diagnostic devices market over the forecast period, due to direct presence of key regional players, a strong distribution network, and well-established healthcare infrastructure. Recent trends in the North America orthopedics diagnostic devices market include use of new polymer materials and development of prosthetic devices as per functional needs of patients.

Market Overview:

The report bifurcates the Orthopedics Diagnostic Devices market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

Segments Covered in this report are:

  • Product Outlook (Revenue, USD Million; 2019–2030)
    • X-ray Systems
    • Fluoroscopy
    • Doppler Ultrasound
    • Computed Tomography (CT Scan)
      1. Quantitative Computed Tomography
      2. High-resolution peripheral quantitative computed tomography (HR-pQCT)
      3. Weight Bearing CT (WBCT)
    • Magnetic Resonance Imaging (MRI)
      1. Weight Bearing MRI
      2. 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

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The research report offers a comprehensive regional analysis of the market with regards to production and consumption patterns, import/export, market size and share in terms of volume and value, supply and demand dynamics, and presence of prominent players in each market. 

Regional Analysis Covers:

  • 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)

Furthermore, the report provides the analytical data in an organized format segmented into charts, tables, graphs, figures, and diagrams. This enables readers to understand the market scenario in an easy and beneficial manner. Moreover, the report aims to impart a prospective outlook and draw an informative conclusion to assist the reader in making lucrative business decisions. The report, in conclusion, provides a detailed analysis of the segments expected to dominate the market, the regional bifurcation, the estimated market size and share, and comprehensive SWOT analysis and Porter’s Five Forces Analysis.

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