#Global flexible spinal implants market Share

[anujmrfr]

Global flexible spinal implants market Size, Growth Outlook 2035

Flexible Spinal Implants Market Size was valued at USD 3.9 Billion in 2023. The Global Flexible Spinal Implants industry is projected to grow from USD 4.5 Billion in 2024 to USD 9.2 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 14.5% during the forecast period (2024 - 2032).

Executive Summary

The global flexible spinal implants market is witnessing significant growth due to rising incidences of spinal disorders, increasing demand for minimally invasive spinal surgeries, and advancements in biomaterials and implant technology. Flexible spinal implants offer greater mobility, reduced recovery time, and improved spinal stabilization compared to traditional rigid implants. The market is benefiting from the increasing geriatric population, a growing preference for motion-preserving spinal implants, and the rising number of spinal surgeries worldwide. However, high costs, stringent regulatory requirements, and limited reimbursement policies remain key challenges.

Market Overview

Flexible spinal implants are designed to provide stability and controlled motion while preserving the natural biomechanics of the spine. Unlike rigid fusion implants, flexible implants such as dynamic stabilization devices, motion-preserving disc replacements, and expandable rods help reduce complications associated with spinal fusion, including adjacent segment degeneration. The rising adoption of minimally invasive spine procedures (MISS) and advancements in 3D-printed implants and bioresorbable materials are further fueling market growth.

Market Size and Growth Analysis

Flexible Spinal Implants Market Size was valued at USD 3.9 Billion in 2023. The Global Flexible Spinal Implants industry is projected to grow from USD 4.5 Billion in 2024 to USD 9.2 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 14.5% during the forecast period (2024 - 2032). Increasing spinal deformities, technological advancements in implant materials, and growing awareness about non-fusion spine surgery alternatives are driving market expansion.

Market Dynamics

Growth Drivers

Rising Prevalence of Spinal Disorders: Increasing cases of degenerative disc diseases, scoliosis, and herniated discs are driving demand for motion-preserving spinal implants.

Growing Adoption of Minimally Invasive Spine Surgery (MISS): Patients prefer less invasive procedures with shorter recovery times and minimal post-surgical complications.

Technological Advancements in Implant Materials: The development of titanium-based, bioresorbable, and 3D-printed spinal implants is enhancing treatment efficacy.

Aging Population and Higher Incidence of Spinal Conditions: The elderly population is more prone to spinal disorders, increasing demand for flexible spinal implants.

Challenges and Restraints

High Cost of Advanced Spinal Implants and Procedures: The expensive nature of flexible spinal implants limits affordability, especially in developing economies.

Stringent Regulatory Approvals: The complex approval process for implantable medical devices slows down product launches.

Limited Reimbursement Policies for Spinal Implants: Many insurance plans provide partial or no coverage for motion-preserving implants, affecting patient adoption.

Regional Analysis

North America

Largest market, driven by high healthcare spending, strong presence of key market players, and a rising number of spinal procedures.

The United States leads the market due to favorable reimbursement policies and technological advancements.

Europe

Second-largest market, benefiting from advancements in spinal surgery techniques, aging demographics, and increasing R&D investments.

Germany, the UK, and France are the key contributors.

Asia-Pacific

Fastest-growing region, driven by an increasing patient population, expanding healthcare infrastructure, and rising medical tourism.

China, India, and Japan are major contributors due to rising healthcare investments and improving access to spinal care.

Latin America, Middle East & Africa

Emerging market with gradual adoption of flexible spinal implants and increasing government focus on orthopedic healthcare services.

Market Segmentation

By Product Type:

Dynamic Stabilization Devices

Artificial Disc Replacements

Interspinous Process Devices

Expandable Rods & Screws

By Material Type:

Titanium-based Implants

Bioresorbable Implants

Polyetheretherketone (PEEK) Implants

By End-User:

Hospitals

Specialty Clinics

Ambulatory Surgical Centers

Key Market Players

Key company profiled in the flexible spinal implants market report are 

Paradigm Spine LLC

Medtronic plc

Abbott Spine, Inc.

Raymedica

K2M Group Holdings

Recent Developments

Launch of Next-Generation Artificial Discs: Companies are developing advanced disc replacement technologies with improved mobility and longevity.

Increasing FDA Approvals for Motion-Preserving Implants: Regulatory agencies are approving more non-fusion spinal devices, boosting adoption.

Growing Investments in 3D Printing for Spinal Implants: Custom-designed spinal implants are improving patient outcomes and surgical success rates.

Future Outlook and Opportunities

The global flexible spinal implants market is expected to continue its strong growth trajectory, driven by increasing demand for motion-preserving treatments, advancements in implant materials, and a rising number of minimally invasive spinal surgeries. Expanding reimbursement policies and increasing surgeon awareness of non-fusion alternatives will further support market penetration.

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[rohans18]

Flexible Spinal Implants Market Growth, Segments, Demand and Forecast to 2028

Global Flexible Spinal Implants Market, By Type (Rods, Hooks, Pedicle Screws, Plates, Cages, Other), Application (Thoracic, Lumbar, Cervical, Artificial Discs, Other), End User (Hospital and Clinics, Ambulatory Surgical Centers, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

In the consistent Flexible Spinal Implants market research report, industry trends are put together on macro level with which clients can figure out market landscape and possible future issues about Flexible Spinal Implants industry. The scope of this market report include but is not limited to latest trends, market segmentation, new market entry, industry forecasting, future directions, opportunity identification, strategic analysis and planning, target market analysis, insights and innovation. The report presents with the CAGR value fluctuations for the specific forecasted period which helps decide costing and investment strategies. An influential Flexible Spinal Implants market report brings precise and exact market research information that drives business into the right direction.

Key Players

The major players covered in the Flexible Spinal Implants market report are WATERS; Agilent Technologies, Inc.; Bruker; TMIC; Thermo Fisher Scientific Inc.; biocrates life sciences ag; Creative Proteomics.; Metabolon, Inc.; Human Metabolome Technologies America Inc.; Shimadzu Corporation; SRI INTERNATIONAL; OWL; Cenix BioScience GmbH; West Coast Metabolomics Center; Stemina Biomarker Discovery, Inc.; Chenomx Inc.; Merck KGaA; Bio-Rad Laboratories, Inc.; PerkinElmer Inc.; Eurofins Scientific; among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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The research studies entailed in the winning Flexible Spinal Implants market report supports to estimate several important aspects that includes but are not limited to investment in a rising market, success of a new product, and expansion of market share. The strategies underlined here mainly consist of new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others that boost footprints in this market. Several other factors such as import, export, gross margin, price, cost, and consumption are also analyzed under the section of production, supply, sales and market status.

Key questions answered in the report:

Which product segment will grab a lion’s share?

Which regional market will emerge as a frontrunner in coming years?

Which application segment will grow at a robust rate?

Report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Flexible Spinal Implants Market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Table Of Content

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03:  Global Market

Part 04: Global Market Size

Part 05: Global Market Segmentation By Product

Part 06: Five Forces Analysis

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Polyether ether ketone (PEEK) Market to 2035 | Regional Analysis and Forecast | ChemAnalyst

According to ChemAnalyst report, “Global Polyether ether ketone (PEEK) Market Analysis: Plant Capacity, Production, Technology, Operating Efficiency, Demand & Supply, End-Use, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2035”, The Polyether ether ketone (PEEK) market has grown remarkably in the historic period of 2015-21 and is estimated to further grow at a steady CAGR of 3.67% in the forecast period.

PEEK is a high-performance engineering thermoplastic and a polyaromatic semi-crystalline that belongs to polyaryletherketone family. PEEK polymer is derived from step-growth polymerization by the dialkylation of bisphenolate salts. It can be integrated by using nucleophilic substitution of 4,4’-difluorobenzophenone or 1,4-bis(4-fluorobenzoyl) benzene with hydroquinone in the presence of alkali carbonate under microwave irradiation to obtain high yield. Injection moulding, extrusion and compression monofilament are most of the conventional method that are used for processing PEEK but now this polymer is being processed by using advance 3D printing technology that extends possible applications such as from patient-specific hearing aids to surgical aids or instruments.

In comparison to other polymers, PEEK exhibits outstanding properties for instance it is resistant to chemicals and high temperature, chemically inert and insoluble in all solvents, lightweight, creep-resistant, biocompatible, bioresorbable, etc. Since, PEEK molecule is very stable in nature, therefore it can be reprocessed and re-melted again and again without losing its properties. This reduces the environmental impact and ensures that waste material from manufacturing processes can be re-used economically. PEEK polymers are well suited for harsh and demanding environments. This light thermoplastic polymer can support numerous requirements at once to address material limitations in applications, frequently replacing metals, as well as to meet cost-efficiency and sustainability needs. 

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The Polyether ether ketone (PEEK) market is segmented based on end-use, sales channel, and region. Based on the end-user industry, the Polyether ether ketone (PEEK) market is segmented into Aerospace, Automotive, Medical Implants, Electronics and Electricals, and Others. Among these, the Aerospace Industry is the leading segment and held approximately 42% of the market in 2022 and is anticipated to dominate the market even in the forecast period. PEEK is also heavily employed in the medical sector. Almost everywhere in the body, PEEK provides optimum flexibility of movement for patients over an extended period. Evonik and Samplast recently launched VESTAPEEK Fusion, an osteoconductive PEEK biomaterial, achieved by using a functional additive called biphasic calcium phosphate that allows attachment of bone cells to implants more efficiently, thus, accelerating bone fusion and convalescence. Companies like Victrex and Solvay are leading companies for manufacturing PEEK biomaterials in medical grade that are well suited for medical devices application such as dental abutments, blood management, surgical instruments, spinal fusion, trauma facture fixation, etc. With this increased use of non-implantable and implantable devices, the PEEK demand is anticipated to further increase in the forecast period.

Based on demand, Europe is dominating the Polyether ether ketone (PEEK) market among all other regions. The region held a market share of around 45% of the world's Polyether ether ketone (PEEK) market in the year 2022. In Europe, the key market drivers being the application of PEEK in the aerospace, automotive and medical sectors in major countries such as Belgium and Germany. Meanwhile, APAC is the second largest consumer of PEEK but leads in terms of producing PEEK, with China being the biggest shareholder.

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“Global Polyether ether ketone (PEEK) Market Analysis: Plant Capacity, Production, Technology, Operating Efficiency, Demand & Supply, End-Use, Foreign Trade, Sales Channel, Regional Demand, Company Share, 2015-2035”, the significant players in the Polyether ether ketone (PEEK) market are Victrex plc., Jida Evonik High Performance Polymers, Panjin Zhongrun High Performance Polymers Co. Ltd., Jilin Joinature Polymer Co., Ltd., Daicel-Evonik Ltd., Oxford Polymers, Victrex JV, and Others.

“Consistently growing demand for Polyether ether ketone (PEEK) in the demanding end-user industries such as Aerospace, Automotive, Electrical and Electronics, and medical industries is anticipated to fuel the Polyether ether ketone (PEEK) market in the forecast period till 2035. Due to the properties of PEEK such as biocompatibility, bioresorbable, light weight, high-heat resistivity and other exceptional properties, a rise in its demand is projected to drive its market growth over the forecast period. “Said Mr. Karan Chechi, Research Director with TechSci Research, a research-based management consulting firm promoting ChemAnalyst worldwide.

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[healthcare-market]

Orthopedic Biomaterials Market Research Insights Shared in Detailed Report

Orthopedic Biomaterials Market: Introduction

According to the report, the global orthopedic biomaterials market was valued at US$ 11.3 Bn in 2018 and is projected to expand at a CAGR of ~7% from 2019 to 2027. Rise in percentage of population requiring orthopedic implants, and increase in incidence rate of injuries related to accidents, sports, and adventure are anticipated to augment the global orthopedic biomaterials market from 2019 to 2027. North America and Western Europe are expected to account for significant shares of the global orthopedic biomaterials market. The U.S. is likely to continue its dominance in the orthopedic biomaterials market during the forecast period. The country is likely to witness changes in reimbursement policies in the near future, aimed at increasing the quality of patient care.

According to the Centers for Disease Control and Prevention, in the U.S., annually 54.4 million adults are diagnosed with arthritis. Asia Pacific is projected to be a highly lucrative market for orthopedic biomaterials in the next few years. However, high competition is anticipated to restrain the global orthopedic biomaterials market.

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Rise in Percentage of Population Requiring Orthopedic Devices

The population more prone to orthopedic diseases primarily includes obese and geriatric populations. Cartilages become prone to strain and fatigue due to less water content as age progresses. This leads to arthritis and other complications, which require knee replacement procedures. Furthermore, other connective tissues such as ligaments attached to the bones become less flexible and more constrained. These factors are expected to drive the demand for orthopedic devices among the geriatric population. Prevalence of osteoarthritis, rheumatoid arthritis, fibromyalgia, juvenile arthritis, and other forms of orthopedic disorders is increasing primarily due to aging population, obesity, and changes in lifestyle.

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Increase in Incidence Rate of Injuries Related to Accidents, Sports, and Adventure

Incidence of accidental injuries during sports, driving, and adventure has increased drastically in the last decade. A study carried out by the American Academy of Orthopedic Surgeons (AAOS) revealed that around 25% of sports injuries were related to lower extremities such as ankle and foot. Serious bone injuries have been reported recently among professionals as well as amateur sportspersons. Over 340,000 hip implant procedures are performed in the U.S. each year, which includes a number of patients aged between 40 and 50 who are focused toward maintaining a healthy lifestyle.

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Product Recalls Affecting Adoption Rates to Restrain Market

Incidences of product recalls due to device inefficiency or manufacturing errors affect the adoption rate of these devices among surgeons and patients, thereby affecting revenue of the manufacturers. The global orthopedic biomaterials market has seen various product recalls in the past few years. In April 2017, Zimmer Biomet Holdings, Inc. recalled its class I devices SpF PLUS-Mini and SpF XL IIb implantable spinal fusion stimulators due to potential release of cytotoxic chemical higher than allowed levels. The company also recalled its Comprehensive Reverse Shoulder in June 2016, owing to high fracture rate.

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Asia Pacific Orthopedic Biomaterials Market to Expand Significantly

Large population base, rise in incidence of orthopedic diseases, and improving economy in China, India, and others countries in Southeast Asia resulting in high per capita health care expenditure, are anticipated to drive the orthopedic biomaterials market in the region. The market is this region is highly price sensitive and Government cap, such as in India, controls most of the prices for orthopedic implants and other devices. The orthopedic biomaterials market in Asia Pacific is likely to expand at a high CAGR from 2019 to 2027.

Competition Landscape in Orthopedic Biomaterials Market

The report also provides profiles of leading players operating in the global orthopedic biomaterials market. These include Zimmer Biomet Holdings, Inc., Stryker, DePuy Synthes (Johnson & Johnson), Smith & Nephew plc, Medtronic, DJO Global, Inc., Arthrex, Inc., NuVasive, Inc., and Globus Medical, Inc.

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Unfractionated Heparin Market Due to its numerous benefits, unfractionated heparin is gaining popularity. It is generally recognized due to its reversibility (protamine), short half-life, immediate beginning of action, and simple laboratory monitoring. Moreover, it is cost-effective. Unfractionated heparin is also used in the treatment of VTE, such as deep vein thrombosis (DVT) and pulmonary embolism (PE).

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[rdagade]

Global Medical Polymer Market

Global Medical Polymer Market

was valued US$ XX in 2019 and is estimated to surpass US$ XX Billion market in at a Compound Annual Growth Rate (CAGR) of XX % during the forecast period 2019-2027 globally. The report includes the analysis of impact of COVID-19 lock-down on the revenue of market leaders, followers, and disrupters. Since lock down was implemented differently in different regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long term impact on the market, same will help decision makers to prepare the outline for short term and long term strategies for companies by region.

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Global medical polymer market is driven by rising geriatric population and prevalence of chronic diseases, which significantly boosted demand for medical implants. In addition, medical polymer market is witnessing high growth globally owing to the high acceptance and adoption of polymers for product manufacturing. Increasing geriatric population is expected to result in the rise in healthcare facilities, which is expected to drive the industry growth. This is expected to aid the growth for medical devices and therefore have a positive impact on the overall medical polymers market. Increasing bio-compatibility of plastics has also been a significant cause for the medical polymer industry growth. Medical polymer possess low weight compared to the metallic material hence are preferred for a variety of applications in medical industry. Medical grade fibers & resins will dominate the market by 2026, attributed to its superior properties such as high thermal and chemical resistance together with ease of sterilization. Fibers and resin segment accounted for the largest share in 2018 owing to high use in various applications including hip & joint replacement surgeries, spinal implants, and different injuries. While biodegradable plastics is estimated to grow at highest CAGR of 16.1% over the forecast period in terms of revenue, owing to health concerns regarding synthetic polymers. Increasing expenditure on healthcare along with the presence of well-equipped hospitals have a positive impact on hospital accessories segment growth. Increasing demand for surgical instruments and tools such as gloves, clamps, forceps, syringes, surgical trays, medical bags, and catheters is expected to drive demand for medical polymers over the forecast period. Medical polymer segment has further dominated the hospital accessories segment due to their high flexibility, low manufacturing cost, and high infection resistance compared to other metallic materials. Implants application segment held the largest market share in 2018, due to a high demand for implants for replacement surgeries such as a knee, hip, joint, and dental. Demand for implants is growing primarily due to increased incidences of chronic diseases and increasing global geriatric population. Applications such as cardio implants and devices and tissue engineering may propel the growth of the global market in the near future. Polymers are widely used in the medical sector, including diagnostic systems, implants, and accessories. Intraocular lenses, contact lenses, facial implants, vascular grafts, breast implants, catheters, dental implants, and prosthetic hearth valves are a few examples of where the medical polymers are used. North America accounted for the largest share of the medical polymer market followed by Europe, and the Asia Pacific. North America is dominant owing to increased prevalence of chronic disease, and a high transplant surgery rate. In addition, the population having a higher awareness of health benefits like low product cost and enhanced performance polymers have further boosted the overall growth. Also, the presence of major manufacturers and their well-established network in the region have also helped in the overall growth. Asia Pacific region is expected to see growth in medical polymer market during the current forecast period due to the rising awareness for low cost but advanced materials and their related benefits. The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding medical polymer market dynamics, structure by identifying and analyzing the market segments and project the market size. Further, the report also focuses on a competitive analysis of key players by product, price, financial position, Purity portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER's analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in medical polymer market.

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The Scope of the Global Medical Polymer Market: Inquire before buying

Global Medical Polymer Market, By Product type:

• Fibres and Resins • Medical Elastomers • Biodegradable Medical Polymers

Global Medical Polymer Market, By Application:

• Implants • Diagnostic Systems • Hospital Accessories

Global Medical Polymer Market, By Geography:

• North America • Europe • Asia Pacific • Latin America • Middle East and Africa

Key Players analyzed in Global Medical Polymer Market:

• Eastman Chemical Company • Evonik Industries AG • The Dow Chemical Company • Formosa Plastics Corporation USA • Arkema SA • BASF SE • Covestro AG • DSM N.V. • Solvay S.A • Celanese Corporation • Victrex Plc. • DuPont • Tianjin Plastics Research Institute Co. Ltd • Lubrizol Corporation • Bayer • Celanese • Eastman Chemical • Borealis • DSM • ExxonMobil • Huizhou Foryou Medical Devices • Kraton Performance Polymers • Victrex

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[karishmamulani]

Diaphragm Pacing Therapy System Market Recent Trends, Growth, Top Manufacturers Analysis, Business Opportunities and Demand

The global Diaphragm Pacing Therapy System Market size is predicted to reach USD 7.57 million by 2027 according to a new study by Polaris Market Research. The report “Diaphragm Pacing Therapy System Market Share, Size, Trends, Industry Analysis Report, By Product Type (External diaphragm pacemaker, Diaphragm pacemaker); By Application (SCI, ALS, and Others); By Regions; Segment Forecast, 2020 –2027” gives a detailed insight into current market dynamics and provides analysis on future market growth.

 Diaphragm pacing is the less weighted battery-powered devices that works electrically and stimulates to nerves and diaphragm muscles. This allows diaphragm to contract flexibly so that air is filled into lungs and assist patients to breathe conveniently and smoothly. Diaphragm pacing includes affixing four electrodes into diaphragm muscle and one more fifth electrode just under the skin besides the other electrodes. The electrodes are further united to an external stimulator to allow an ongoing electrical impulse to the electrodes, resulting in contraction of diaphragm aids in smooth and normal breathing. 

 A serious ventilator-dependent person requires two mechanical ventilators, first as a primary and second as a contingency backup. Such machines need a significant amount of disposable supplies to operate accurately and securely. Once the pacing is done the patient is able to remove one of the ventilators, as the one should keep for emergency, and reducing a significant section of the associated supplies. Considering yearly replacement of external antennas, the monthly replacement of batteries, and situational supplies such as tape, alcohol preps, a diaphragm pacing system costs nearly USD1,000 per year or even less than that to operate. Rental of a mechanical ventilator and the costs of its disposables starts from USD 1,500 to USD 2,500 every month. Thus, the implantation of a diaphragm pacing system significantly have a return of investment of 3-4 years, and save USD 18,000 to USD 30,000 every year.

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 The major driving factors of market are increasing new product developments, awareness amongst the citizens regarding the diaphragm pacing therapies, rising healthcare investments and need for technological advancement in healthcare sector. Additionally, increasing prevalence of amyotrophic lateral sclerosis (ALS) and Spinal Cord injury (SCI) surges the market growth. Moreover, increasing favorable regulations by the government for the approval of new products and rising reimbursement by the government and various private institution surges the market growth of diaphragm pace therapy system market globally. Further, rising strong product pipelines and clinical trials contributes significant growth to the diaphragm pace therapy market globally.

 The increasing COVID-19 cases worldwide also contributes lucrative growth in the concerned market as COVID-19 treatment requires ventilators for the patients to breath and these DPTS are alternatives of ventilators hence, Diaphragm Pacing Therapy System allow normal breathing to the patients. Moreover, increasing research and development activities and rising awareness amongst the general public about the product.

 Market participants such as Avery Biomedical Devices, Inc., Lungpacer Medical, Atrotech, Synapse Biomedical, and among others, are some of the key players operating in the global market. For instance, in April 2020, Lungpacer Medical got the U.S. FDA early market access clearance for the diaphragm pacing therapy system to assist in treating COVID-19 patients. These devices can be used as a substitute to the mechanical ventilator for patients with phrenic nerves, and diaphragm. Such initiative by the key market players helps them to increase their market share in the competitive market of Diaphragm Pacing Therapy System, globally.

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[sapanas]

Bone Implant Market Applications, Outstanding Growth, Market Status And Analysis

The report gives detail analysis of the “Bone Implant Market” structure along with forecast, market size & share, different segments and developing trends of the industry.

Bone Implant Market Analysis

Bone implants such as fillers and scaffolds play various roles in both, during bone grafting surgeries and in procedures such as treating bone fractures, facilitating the bone formation. Bone implants are designed to restore the function by replacing or reinforcing a damaged structure.

Moreover, rising R&D expenditures and substantial investments transpired in the bone implant market by the players to bring about innovations and such as new product launches are escalating the market on the ascending heights on the global platform.

Acknowledging the phenomenal growth the market is witnessing currently, Market Research Future (MRFR) in its recently published study report asserts that the bone implant market is expected to perceive exponential accruals by 2023, growing at approximately 6.8% during the review period (2018-2023).

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Increasing accident cases along with hyper-obesity disorders drive the demand for bone implants, causing severe bone injuries. The augmented demand for bone implants leads to increasing the market size. Technological advancements that took place over the past couple of decades; have brought about several betterments in the bone implants for instance expandable and bio-resorbable implants which have contributed to the market growth, increasing their uptake.

Technological advancements transpired into medical technology is a dominant driving force behind the growth of the Bone implants market. Several researches ongoing, worldwide, are expected to foster market growth, offering the best results and improving the quality of life of patients.

On the other hand, factors such as rising cost of orthopedic surgeries, the high price of bone implant products, corrosion and instability of bio-resorbable implants, and stringent government policies are expected to obstruct the growth of the market during the assessment period. Nevertheless, bio-resorbable bone implants have become a vibrant ongoing trend in the market will undoubtedly support market growth.

Global Bone Implant Market – Segments

The MRFR analysis bone implant market segmented into six key dynamics:-

By Biomaterials     : Metals, Ceramics, and Polymers among others.

By Products             : Orthopedic Screws, Orthopedic Plates, and Interlocking Nails (Rods), among others.

By Applications     : Hip Orthopedic Implants, Knee Orthopedic Implants, Spine Orthopedic Implants, and Dental Orthopedic Implants, among others.

By Devices               : External Fixators and Internal Fixators.

By End-Users          : Orthopedic Clinics, Hospitals, and others.

By Regions              :  Europe, North America, APAC and Rest-of-the-World (RoW).

Global Bone Implant Market – Regional Analysis

Globally, the North American region accounts for the leading for bone implant market. The U.S. and Canada contribute to the market growth in the region majorly. The technological innovations, advancing manufacturing processes with the contribution of nanotechnology, are some of the factors substantiating the market growth.

Rising investments into R&D to develop new techniques and higher per capita health care expenditures and are some of the major factors supporting the growth of the bone implant market in the region.

Moreover, the factors such as rising occurrence of osteoarthritis and osteoporosis in the aging population, increase in the number of surgical procedures along with the presence of a well-established healthcare system propel the growth of the regional market. Furthermore, the growing number of hip and knee replacement procedures alongside the increasing prevalence of sports injuries, and the adoption of highly advanced technology.

The European region is expected to be the second-largest market for bone implants, exhibiting a phenomenal growth throughout the review period. Moreover, factors like financial support from the government for research and development activities, the increase in geriatric population and the increasing demand for bone implants and devices for the treatment of bone disorders drive the market growth in the region.

Furthermore, the rising prevalence of orthopedic diseases is contributing to the growth of the market in this region, generating a massive demand for orthopedic implants and spinal treatment devices during the assessment period.

The Asia Pacific bone implant market is emerging as a promising market. The increasing prevalence of obesity disorders, increasing healthcare expenditure and increasing government funding along with the large unmet needs drive the market growth in the region.  The growing awareness about the availability of novel bone grafting techniques is accelerating the growth of the regional market.

Additionally, factors such as the burgeoning medical tourism market due to the availability of low-cost, quality bone grafting procedures drive the market growth in the region.

Global Bone Implant Market – Competitive Analysis

The highly competitive bone implant market has many key players those are increasingly investing in R&D activities to bring about innovations in the implants.  Manufacturers try to develop implants that can offer surgeons a superior option for bone fusion surgery without much of the challenges in the surgical procedures.

Key manufacturers try to offer unique, cutting-edge implant design and surgical solutions to help achieve bone balance in patients by using controlled incremental expansion design that allows surgeons to restore the gap and optimize the implant efficiently, literally, for each patient.

Bone Implant Market Key Players:

The bone implant market leaders profiled in the MRFR analysis include Globus Medical, Inc., Depuy Synthes Inc. (Johnson & Johnson), NuVasive, Inc., Stryker Corporation, Smith & Nephew plc. , Zimmer Biomet Holdings, Inc., Medtronic, plc, Integra LifeSciences Holdings Corporation, The Orthopedic Implant Company, Aesculap Implant Systems, Wright Medical Group N.V., Conmed Corporation, BioTek Instruments, Inc., and Arthrocare Corporation.

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Bone Implant Industry/ Innovation/ Related News:

October 31, 2018 – Synergy Biomedical (US) an advancing biomaterial technology company optimized bone healing with bioactive glass announced receiving FDA approval for its BioSphere Flex strip-format bone graft product. This bone graft product is a porous, bioactive glass that is incorporated into sodium and collagen hyaluronate carrier which further allows the implant to become flexible and moldable when hydrated with bone marrow aspirate.

Moreover, the bonded spherical structure of the product supports with an ideal level of absorbency for bone growth to take place within the granules, aiding graft placement and facilitating the implant to adapt to asymmetrical bone surfaces for maximum graft continuity and healing ability.

[rohans18]

Flexible Spinal Implants Market Key Players, Outlook and Forecast 2028

Global Flexible Spinal Implants Market, By Type (Rods, Hooks, Pedicle Screws, Plates, Cages, Other), Application (Thoracic, Lumbar, Cervical, Artificial Discs, Other), End User (Hospital and Clinics, Ambulatory Surgical Centers, Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, U.A.E, Egypt, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028

An expert team performs systematic, object-oriented and complete market research study to provide the facts associated with any subject in the field of marketing via Flexible Spinal Implants marketing report. The report has a lot to offer to both established and new players in the Flexible Spinal Implants industry with which they can completely understand the market. SWOT analysis and Porter’s Five Forces analysis methods are used wherever applicable, while generating this report. One of the most important parts of an international Flexible Spinal Implants market report is competitor analysis with which businesses can estimate or analyse the strengths and weaknesses of the competitors.

Key Players

The major players covered in the Flexible Spinal Implants market are Centrient Pharmaceuticals, Sandoz AG, Fresenius Kabi India Pvt. Ltd, Aurobindo Pharma, Fuan Pharmaceutical (Group) Co.,Ltd, Penam Laboratories Ltd., ACS Dobfar, Kaliberr Labs,  Lupin Pharmaceuticals, Inc., Teva Pharmaceuticals USA, Inc., Sun Pharmaceutical Industries Ltd., UNIMARK REMEDIES, YUNGSHIN PHARM IND. CO. LTD, Hovione, Pfizer, Hetero Healthcare Limited, Lumenis, Baxter among other domestic and global players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.

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With the help of credible Flexible Spinal Implants market analysis report, businesses can make out the reaction of the consumers to an already existing product in the market. The report includes estimations of recent state of the market, CAGR values, market size and market share, revenue generation, and necessary changes required in the future products. A wide-ranging competitor analysis helps build superior strategies of production, improvement in certain product, its advertising or marketing and promotion for the business. Exhaustive and comprehensive market study performed in the wide ranging Flexible Spinal Implants market report offers current and forthcoming opportunities that put light on the future market investment.

Key questions answered in the report:

Which product segment will grab a lion’s share?

Which regional market will emerge as a frontrunner in coming years?

Which application segment will grow at a robust rate?

Report provides insights on the following pointers:

Market Penetration: Comprehensive information on the product portfolios of the top players in the Flexible Spinal Implants Market.

Product Development/Innovation: Detailed insights on the upcoming technologies, R&D activities, and product launches in the market.

Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market.

Table Of Content

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03:  Global Market

Part 04: Global Market Size

Part 05: Global Market Segmentation By Product

Part 06: Five Forces Analysis

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[mmruniverse]

Global Medical Polymer Market

Global Medical Polymer Market was valued US$ 14.31 in 2017 and is estimated to surpass US$ 22.94 Billion mark in at a Compound Annual Growth Rate (CAGR) of 8.81 % during the forecast period 2018-2024 globally.

Global medical polymer market is driven by rising geriatric population and prevalence of chronic diseases, which significantly boosted demand for medical implants. In addition, medical polymer market is witnessing high growth globally owing to the high acceptance and adoption of polymers for product manufacturing. Increasing geriatric population is expected to result in the rise in healthcare facilities which is expected to drive the industry growth. This is expected to aid the growth for medical devices and therefore have a positive impact on the overall medical polymers market. Increasing bio-compatibility of plastics has also been a significant cause for the medical polymer industry growth. Medical polymer possess low weight compared to the metallic material hence are preferred for a variety of applications in medical industry. Medical grade fibers & resins will dominate the market by 2026, attributed to its superior properties such as high thermal and chemical resistance together with ease of sterilization. Fibers and resin segment accounted for the largest share in 2017 owing to high use in various applications including hip & joint replacement surgeries, spinal implants, and different injuries. While biodegradable plastics is estimated to grow at highest CAGR of 16.1% over the forecast period in terms of revenue, owing to health concerns regarding synthetic polymers. Increasing expenditure on healthcare along with the presence of well-equipped hospitals have a positive impact on hospital accessories segment growth. Increasing demand for surgical instruments and tools such as gloves, clamps, forceps, syringes, surgical trays, medical bags, and catheters is expected to drive demand for medical polymers over the forecast period. Medical polymer segment has further dominated the hospital accessories segment due to their high flexibility, low manufacturing cost, and high infection resistance compared to other metallic materials.

Implants application segment held the largest market share in 2017, due to a high demand for implants for replacement surgeries such as a knee, hip, joint, and dental. Demand for implants is growing primarily due to increased incidences of chronic diseases and increasing global geriatric population. Applications such as cardio implants and devices and tissue engineering may propel the growth of the global market in the near future. Polymers are widely used in the medical sector, including diagnostic systems, implants, and accessories. Intraocular lenses, contact lenses, facial implants, vascular grafts, breast implants, catheters, dental implants, and prosthetic hearth valves are a few examples of where the medical polymers are used.

North America accounted for the largest share of the medical polymer market followed by Europe, and the Asia Pacific. North America is dominant owing to increased prevalence of chronic disease, and a high transplant surgery rate. In addition, the population having a higher awareness of health benefits like low product cost and enhanced performance polymers have further boosted the overall growth. Also, the presence of major manufacturers and their well-established network in the region have also helped in the overall growth. Asia Pacific region is expected to see growth in medical polymer market during the current forecast period due to the rising awareness for low cost but advanced materials and their related benefits.

The objective of the report is to present a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, industry-validated market data and projections with a suitable set of assumptions and methodology. The report also helps in understanding medical polymer market dynamics, structure by identifying and analyzing the market segments and project the market size. Further, the report also focuses on a competitive analysis of key players by product, price, financial position, Purity portfolio, growth strategies, and regional presence. The report also provides PEST analysis, PORTER's analysis, SWOT analysis to address questions of shareholders to prioritizing the efforts and investment in the near future to the emerging segment in medical polymer market.

The Scope of the Global Medical Polymer Market:

Global Medical Polymer Market, By Product type:

• Fibres and Resins • Medical Elastomers • Biodegradable Medical Polymers Global Medical Polymer Market, By Application:

• Implants • Diagnostic Systems • Hospital Accessories Global Medical Polymer Market, By Geography:

• North America • Europe • Asia Pacific • Latin America • Middle East and Africa Key Players analyzed in the Report:

• Eastman Chemical Company • Evonik Industries AG • The Dow Chemical Company • Formosa Plastics Corporation USA • Arkema SA • BASF SE • Covestro AG • DSM N.V. • Solvay S.A • Celanese Corporation • Victrex Plc. • DuPont • Tianjin Plastics Research Institute Co. Ltd • Lubrizol Corporation • Bayer • Celanese • Eastman Chemical • Borealis • DSM • ExxonMobil • Huizhou Foryou Medical Devices • Kraton Performance Polymers • Victrex

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[healthcare-market]

Orthopedic Biomaterials Market : Global Forecast Over 2027

Orthopedic Biomaterials Market: Introduction

According to the report, the global orthopedic biomaterials market was valued at US$ 11.3 Bn in 2018 and is projected to expand at a CAGR of ~7% from 2019 to 2027. Rise in percentage of population requiring orthopedic implants, and increase in incidence rate of injuries related to accidents, sports, and adventure are anticipated to augment the global orthopedic biomaterials market from 2019 to 2027. North America and Western Europe are expected to account for significant shares of the global orthopedic biomaterials market. The U.S. is likely to continue its dominance in the orthopedic biomaterials market during the forecast period. The country is likely to witness changes in reimbursement policies in the near future, aimed at increasing the quality of patient care.

According to the Centers for Disease Control and Prevention, in the U.S., annually 54.4

million adults are diagnosed with arthritis. Asia Pacific is projected to be a highly lucrative market for orthopedic biomaterials in the next few years. However, high competition is anticipated to restrain the global orthopedic biomaterials market.

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Rise in Percentage of Population Requiring Orthopedic Devices

The population more prone to orthopedic diseases primarily includes obese and geriatric populations. Cartilages become prone to strain and fatigue due to less water content as age progresses. This leads to arthritis and other complications, which require knee replacement procedures. Furthermore, other connective tissues such as ligaments attached to the bones become less flexible and more constrained. These factors are expected to drive the demand for orthopedic devices among the geriatric population. Prevalence of osteoarthritis, rheumatoid arthritis, fibromyalgia, juvenile arthritis, and other forms of orthopedic disorders is increasing primarily due to aging population, obesity, and changes in lifestyle.

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Increase in Incidence Rate of Injuries Related to Accidents, Sports, and Adventure

Incidence of accidental injuries during sports, driving, and adventure has increased drastically in the last decade. A study carried out by the American Academy of Orthopedic Surgeons (AAOS) revealed that around 25% of sports injuries were related to lower extremities such as ankle and foot. Serious bone injuries have been reported recently among professionals as well as amateur sportspersons. Over 340,000 hip implant procedures are performed in the U.S. each year, which includes a number of patients aged between 40 and 50 who are focused toward maintaining a healthy lifestyle.

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Product Recalls Affecting Adoption Rates to Restrain Market

Incidences of product recalls due to device inefficiency or manufacturing errors affect the adoption rate of these devices among surgeons and patients, thereby affecting revenue of the manufacturers. The global orthopedic biomaterials market has seen various product recalls in the past few years. In April 2017, Zimmer Biomet Holdings, Inc. recalled its class I devices SpF PLUS-Mini and SpF XL IIb implantable spinal fusion stimulators due to potential release of cytotoxic chemical higher than allowed levels. The company also recalled its Comprehensive Reverse Shoulder in June 2016, owing to high fracture rate.

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Asia Pacific Orthopedic Biomaterials Market to Expand Significantly

Large population base, rise in incidence of orthopedic diseases, and improving economy in China, India, and others countries in Southeast Asia resulting in high per capita health care expenditure, are anticipated to drive the orthopedic biomaterials market in the region. The market is this region is highly price sensitive and Government cap, such as in India, controls most of the prices for orthopedic implants and other devices. The orthopedic biomaterials market in Asia Pacific is likely to expand at a high CAGR from 2019 to 2027.

Competition Landscape in Orthopedic Biomaterials Market

The report also provides profiles of leading players operating in the global orthopedic biomaterials market. These include Zimmer Biomet Holdings, Inc., Stryker, DePuy Synthes (Johnson & Johnson), Smith & Nephew plc, Medtronic, DJO Global, Inc., Arthrex, Inc., NuVasive, Inc., and Globus Medical, Inc.

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Europe to Dominate the Global Rehabilitation Equipment Market till 2026 | TechSci Research

Rising preference for independent lifestyle and expansion of healthcare sector is expected to drive the demand for global rehabilitation equipment market in the forecast period.

According to TechSci Research report, “Global Rehabilitation Equipment Market By Product Type (Daily Living Aid, Mobility Equipment, Walking Assist Devices, Exercise Equipment, Body Support Devices, Others), By Daily Living Aid (Medical Beds, Bathroom & Toilet Assist Devices, Reading & Writing Aids, Others), By Mobility Equipment (Mobility Scooters v/s Wheelchairs), By Walking Assist Devices (Canes, Crutches, Walkers), By Exercise Equipment (Lower Body, Upper Body, Full Body), By Body Support Devices (Patient Lifts v/s Slings), By Application (Physiotherapy v/s Occupational Therapy), By End User (Rehabilitation Center, Physiotherapy Centers, Hospitals & Clinics, Homecare, Others), By Company, By Region, Forecast & Opportunities, 2026”, global rehabilitation equipment market is expected to witness steady growth for the upcoming five years.

Growing need to improve the quality of life and give them a sense of freedom and high society participation from elderly, sick and disabled people is aiding to the high demand for assistive equipment. Rehabilitation equipment are used by physiotherapists, medical experts, and rehab centers in various healthcare facilities to provide relief to the affected patients. Rehabilitation is considered an important step for efficient recovery for several health conditions. Government across major economies are providing incentives for the development of rehabilitation centers to cater to the rising need for such centers across the globe. Healthcare asylums need to avail the services of rehabilitation centers thereby accelerating the market demand worldwide. Awareness regarding the benefits of physiotherapy is increasing which is creating high demand from large old age and disabled population.

However, lack of access and awareness regarding rehabilitation centers may create hindrance in the global rehabilitation equipment market growth.

Browse XX Figures spread through XX Pages and an in-depth TOC on "Global Rehabilitation Equipment Market”.

https://www.techsciresearch.com/report/rehabilitation-equipment-market/7454.html

Global rehabilitation equipment market is segmented into product, allergy type, test, end user, region, and company. Based on application, the market is further bifurcated into physiotherapy and occupational therapy. Physiotherapy segment is expected to witness growth in the forecast period. Physiotherapy helps in strengthening the muscles, restore the flexibility and mobility of the body, reduce the pain and aids in maintaining the correct posture of the body. The increasing incidence of sports injuries, cerebrovascular diseases, and degenerative joint disorders is expected to fuel the market growth in the next five years.

Based on end user, market is divided into rehabilitation centers, physiotherapy centers, hospitals & clinics, homecare, among others. Hospitals and clinics segment is expected to hold major market share in the predicted period. Paramount trust of consumers on the services and treatment given by hospitals and clinics is attracting a large crowd to avail services which is considered the major driver for this segment. Government is providing reimbursement policies to avail healthcare services in developed economies thereby fostering the growth of global rehabilitation equipment market. Based on product type, the market is categorized majorly into daily living aid, mobility equipment, walking assist devices, exercise equipment, body support devices and others.

Mobility equipment segment is accounted to hold major market share for the forecast period. Increasing geriatric and handicapped population is driving the market growth. Based on mobility equipment, market is divided into mobility scooters and wheelchairs. Wheelchair segment is expected to dominate the market growth as it is preferred by major population. The old age population and the people suffering from leg injuries, arthritis, cerebral palsy, spinal bifida, amyotrophic lateral sclerosis, lower limb amputees, paralysis condition, among others require the assistance of wheelchairs for movement from one place to another. Wheelchairs are integrated with Bluetooth, Wi-fi connectivity and smart gadgets to provide convenience and easy movement to sick and disabled people.

Invacare Corporation, Drive DeVilbiss Healthcare LLC, Hill-Rom Services Inc., Medline Industries, Inc., Dynatronics Corporation, DJO Global, Inc., Carex Health Brands, Inc., Roma Medical Aids Ltd., GF Health Products, Inc., Etac AB, Joerns Healthcare LLC, Prism UK Medical Ltd., EZ Way, Inc., Sunrise Medical, Inc., Ekso Bionics Holdings Inc. are the leading players operating in the global rehabilitation equipment market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several rehabilitation equipment manufacturers are coming up with their technologically advanced offerings.

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Customers can also request for 10% free customization on this report.

“Technological advancements of rehabilitation equipment such as application of virtual reality technology, exoskeletons, robots and invent of implantable technologies for management of pain and increasing number of physiotherapy centers across the globe is accelerating the rehabilitation equipment demand. Increasing cases of mental trauma, spinal injuries, depression among other mental health related diseases require services from rehabilitation centers which is anticipated to propel the global rehabilitation equipment market growth until 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Rehabilitation Equipment Market By Product Type (Daily Living Aid, Mobility Equipment, Walking Assist Devices, Exercise Equipment, Body Support Devices, Others), By Daily Living Aid (Medical Beds, Bathroom & Toilet Assist Devices, Reading & Writing Aids, Others), By Mobility Equipment (Mobility Scooters v/s Wheelchairs), By Walking Assist Devices (Canes, Crutches, Walkers), By Exercise Equipment (Lower Body, Upper Body, Full Body) By Body Support Devices (Patient Lifts v/s Slings), By Application (Physiotherapy v/s Occupational Therapy), By End User (Rehabilitation Center, Physiotherapy Centers, Hospitals & Clinics, Homecare, Others), By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of global rehabilitation equipment market and provided statistics & information on market size, shares, structure and future market growth.

The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global rehabilitation equipment market.

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Europe to Dominate the Global Rehabilitation Equipment Market till 2026 | TechSci Research

Rising preference for independent lifestyle and expansion of healthcare sector is expected to drive the demand for global rehabilitation equipment market in the forecast period.

According to TechSci Research report, “Global Rehabilitation Equipment Market By Product Type (Daily Living Aid, Mobility Equipment, Walking Assist Devices, Exercise Equipment, Body Support Devices, Others), By Daily Living Aid (Medical Beds, Bathroom & Toilet Assist Devices, Reading & Writing Aids, Others), By Mobility Equipment (Mobility Scooters v/s Wheelchairs), By Walking Assist Devices (Canes, Crutches, Walkers), By Exercise Equipment (Lower Body, Upper Body, Full Body), By Body Support Devices (Patient Lifts v/s Slings), By Application (Physiotherapy v/s Occupational Therapy), By End User (Rehabilitation Center, Physiotherapy Centers, Hospitals & Clinics, Homecare, Others), By Company, By Region, Forecast & Opportunities, 2026”, global rehabilitation equipment market is expected to witness steady growth for the upcoming five years.

Growing need to improve the quality of life and give them a sense of freedom and high society participation from elderly, sick and disabled people is aiding to the high demand for assistive equipment. Rehabilitation equipment are used by physiotherapists, medical experts, and rehab centers in various healthcare facilities to provide relief to the affected patients. Rehabilitation is considered an important step for efficient recovery for several health conditions. Government across major economies are providing incentives for the development of rehabilitation centers to cater to the rising need for such centers across the globe. Healthcare asylums need to avail the services of rehabilitation centers thereby accelerating the market demand worldwide. Awareness regarding the benefits of physiotherapy is increasing which is creating high demand from large old age and disabled population.

However, lack of access and awareness regarding rehabilitation centers may create hindrance in the global rehabilitation equipment market growth.

Browse XX Figures spread through XX Pages and an in-depth TOC on "Global Rehabilitation Equipment Market”.

https://www.techsciresearch.com/report/rehabilitation-equipment-market/7454.html

Global rehabilitation equipment market is segmented into product, allergy type, test, end user, region, and company. Based on application, the market is further bifurcated into physiotherapy and occupational therapy. Physiotherapy segment is expected to witness growth in the forecast period. Physiotherapy helps in strengthening the muscles, restore the flexibility and mobility of the body, reduce the pain and aids in maintaining the correct posture of the body. The increasing incidence of sports injuries, cerebrovascular diseases, and degenerative joint disorders is expected to fuel the market growth in the next five years.

Based on end user, market is divided into rehabilitation centers, physiotherapy centers, hospitals & clinics, homecare, among others. Hospitals and clinics segment is expected to hold major market share in the predicted period. Paramount trust of consumers on the services and treatment given by hospitals and clinics is attracting a large crowd to avail services which is considered the major driver for this segment. Government is providing reimbursement policies to avail healthcare services in developed economies thereby fostering the growth of global rehabilitation equipment market. Based on product type, the market is categorized majorly into daily living aid, mobility equipment, walking assist devices, exercise equipment, body support devices and others.

Mobility equipment segment is accounted to hold major market share for the forecast period. Increasing geriatric and handicapped population is driving the market growth. Based on mobility equipment, market is divided into mobility scooters and wheelchairs. Wheelchair segment is expected to dominate the market growth as it is preferred by major population. The old age population and the people suffering from leg injuries, arthritis, cerebral palsy, spinal bifida, amyotrophic lateral sclerosis, lower limb amputees, paralysis condition, among others require the assistance of wheelchairs for movement from one place to another. Wheelchairs are integrated with Bluetooth, Wi-fi connectivity and smart gadgets to provide convenience and easy movement to sick and disabled people.

Invacare Corporation, Drive DeVilbiss Healthcare LLC, Hill-Rom Services Inc., Medline Industries, Inc., Dynatronics Corporation, DJO Global, Inc., Carex Health Brands, Inc., Roma Medical Aids Ltd., GF Health Products, Inc., Etac AB, Joerns Healthcare LLC, Prism UK Medical Ltd., EZ Way, Inc., Sunrise Medical, Inc., Ekso Bionics Holdings Inc. are the leading players operating in the global rehabilitation equipment market. Manufacturers are increasingly focusing on research and development process to fuel higher growth in the market. To meet evolving customer demand with respect to better efficiency and durability, several rehabilitation equipment manufacturers are coming up with their technologically advanced offerings.

Download Sample Report @ https://www.techsciresearch.com/sample-report.aspx?cid=7454

Customers can also request for 10% free customization on this report.

“Technological advancements of rehabilitation equipment such as application of virtual reality technology, exoskeletons, robots and invent of implantable technologies for management of pain and increasing number of physiotherapy centers across the globe is accelerating the rehabilitation equipment demand. Increasing cases of mental trauma, spinal injuries, depression among other mental health related diseases require services from rehabilitation centers which is anticipated to propel the global rehabilitation equipment market growth until 2026” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

“Global Rehabilitation Equipment Market By Product Type (Daily Living Aid, Mobility Equipment, Walking Assist Devices, Exercise Equipment, Body Support Devices, Others), By Daily Living Aid (Medical Beds, Bathroom & Toilet Assist Devices, Reading & Writing Aids, Others), By Mobility Equipment (Mobility Scooters v/s Wheelchairs), By Walking Assist Devices (Canes, Crutches, Walkers), By Exercise Equipment (Lower Body, Upper Body, Full Body) By Body Support Devices (Patient Lifts v/s Slings), By Application (Physiotherapy v/s Occupational Therapy), By End User (Rehabilitation Center, Physiotherapy Centers, Hospitals & Clinics, Homecare, Others), By Company, By Region, Forecast & Opportunities, 2026” has evaluated the future growth potential of global rehabilitation equipment market and provided statistics & information on market size, shares, structure and future market growth.

The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global rehabilitation equipment market.

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Global Wheelchair Market By Product Type (Manual v/s Powered), By Category (Adult v/s Pediatric), By Application (Basic Wheelchair, Bariatric Wheelchair, Sports Wheelchair, Others), By End User (Healthcare Facilities, Homecare, Others), By Company, By Region, Forecast & Opportunities, 2026

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India Mobility Aid Medical Devices Market By Product (Wheelchairs, Walking Aids, Mobility Lifts, Slings, Tricycles, Mobility Scooters), By End User (Personal v/s Institutional), By Region, Competition, Forecast & Opportunities, FY 2026

https://www.techsciresearch.com/report/india-mobility-aid-medical-devices-market/5047.html

Contact

Mr. Ken Mathews

708 Third Avenue,

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New York – 10017

Tel: +1-646-360-1656

Email: sales@techsciresearch.com

Website: https://www.techsciresearch.com/

For More Market Research Blogs Visit: https://techsciblog.com/

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Audiological Devices Market Key Players, Industry Overview and Forecast Analysis

The global audiological devices market was valued at US$ 8.7 Bn in 2017. It is projected to expand at a compound annual growth rate (CAGR) of 5.0% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled “Audiological Devices Market Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026”. The report suggests that increase in the geriatric population and number of hearing impairment cases is expected to propel the audiological devices market in the near future. Europe is expected to dominate the global market, owing to the high geriatric population, rise in patient population, and increase in number of technological advances. The market in Asia Pacific is expected to expand at a CAGR of 6.5% during the forecast period, due to the increasing geriatric population, rising awareness, and growing patient population cases in the region. Moreover, research and development activities and initiatives by governments in the healthcare sector are anticipated to further boost the market in Asia Pacific.

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Value added features in audiological devices is to fuel global market expansion

The global audiological devices is expected to be potentially driven by value added features offered by various audiological devices in order to provide appropriate diagnosis, efficient treatment, generating positive outcomes, and suitable medical aid and care. According to WHO, in 2018, worldwide, approximately 466 million people had disabling hearing loss, and among them, 34 million were children. It is anticipated that by 2050, around 900 million people would have disabling hearing loss. Key players offering audiological devices in the market are providing value added features such as launching products with more technological advancements, more efficacy, and technical features, offering effective care, thus providing an enhanced product as compared to existing products in the market. Therefore, companies are focusing on research and developmental activities, thereby providing value added features in audiological devices.

Cochlear implants are projected to be highly lucrative product type

For individuals with mild to moderate hearing loss, traditional hearing aids are prescribed by medical professionals. These are less expensive and offer more flexibility; however, these instruments don’t process sound like cochlear implants. Cochlear implants are utilized for severe hearing impairment, and people who cannot be assisted with hearing aids. Cochlear implants can be used by both adults and children. Patient population with profound hearing loss or deafness have sensorineural hearing loss, in which there is damage to the minuscule hair cells in the inner ear, in a part called the cochlea. Hearing aids, are used to make sounds louder, while cochlear implants are used to simulate the function of inner ear’s (cochlea) damaged parts and transmit sound signals to the brain. According to The Ear Foundation, there are approximately 14,000 implant users in the U.K., and around 700 adults and 550 children are implanted every year.

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Meniere's disease and otitis media lead the audiological devices market

The report offers the detailed segmentation of audiological devices in terms of diseases, into otosclerosis, Meniere’s disease, acoustic tumors, otitis media, and others. Meniere's disease and otitis media disease segments are projected to account for a leading share of the market during the forecast period. Increasing geriatric population, rising hearing loss among both children and adults, and increasing prevalence and incidence cases of these diseases are key factors that are expected to propel the audiological devices market. Moreover, extensive research & developmental activities and increasing interest of scientists in research for treatment of these diseases enhance their lead in the market.

Clinics segment is estimated to dominate the audiological devices market

In terms of end-user, the clinics segment held a leading share of the global audiological devices market in 2017. It is anticipated to gain market share by the end of 2026 and expand at a CAGR of 5.0% during the forecast period. Increasing number of audiology clinic visits by patients, hearing loss or deafness cases, injuries, and genetic disorders, congenital defects, increasing audiologists number, or ENT specialists boost the clinics segment of the global audiological devices market. Furthermore, rising number of clinics and increasing network of key players with clinics and medical professionals & related care have led the clinics segment to hold a prominent share of the global market

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Europe dominates the global audiological devices market, while Asia Pacific offers significant opportunities

Europe accounted for key share of the global audiological devices market, and the market in the region likely to expand in the near future. Rapid increase in the geriatric population, increase in population of patients, surge in the number of medical professionals, and extensive research and development for providing more efficient and advanced products are key factors boosting the audiological devices market in Europe. Moreover, rise in the numbers of players and their increasing mergers and acquisitions, along with the increasing acceptance by patient population for adoption of advanced technologies are responsible for boosting the market in Europe. The market in Asia Pacific is projected to expand rapidly during the forecast period. Increasing geriatric population, rising prevalence of hearing loss causing diseases, growing research and development, extensive government initiatives in the healthcare sector, and growing presence and investments by global key players in Asia Pacific are propelling the market in Asia Pacific.

Development of technologically advanced devices and geographic expansion are key strategies adopted by leading players

The report also provide profiles of leading players functioning in global audiology devices market. William Demant Holding A/S, GN Store Nord A/S, Sonova, WIDEX A/S, Sivantos Pte. Ltd., Medtronic, Starkey, Audina Hearing Instruments, Inc., AUDITDATA, and Nurotron Biotechnology Co. Ltd. are major leading players operating in the global audiological devices market and account for significant market share. Companies functioning in the audiological devices industry are focused on strengthening their geographic presence through strategic acquisitions, collaborations, and mergers with audiological devices market players in respective domains and geographies. Strong progressive research and development activities and increasing high tech advancements are key strategies adopted by major players to consolidate their position in the global audiological devices market.

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