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narangmedical · 1 year ago
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health-views-updates · 20 days ago
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Orthopedic Devices Market 2024 Size, Share, Global Analysis and Future Trends by 2032
In a world increasingly focused on enhanced healthcare outcomes, the orthopedic devices market is seeing remarkable growth, with new developments in surgical techniques, implant materials, and post-surgical support devices. The latest report by SNS Insider highlights how the orthopedic devices market is evolving and identifies key trends driving its revenue growth. The report, Orthopedic Devices Market Revenue, underscores the role of innovative technology in transforming patient mobility and the quality of life for individuals suffering from musculoskeletal disorders.
The orthopedic devices market is experiencing a surge in demand, driven by a rise in cases of osteoporosis, osteoarthritis, and other degenerative bone diseases, particularly among aging populations worldwide. These conditions require effective orthopedic solutions to help restore mobility and improve patient quality of life. According to SNS Insider, the market is poised to see further expansion as more healthcare providers adopt cutting-edge orthopedic devices, including joint replacement systems, trauma fixation devices, and spinal surgery instruments. Innovations in minimally invasive surgeries and personalized implants have also contributed to an increase in adoption rates, with more patients opting for orthopedic interventions that offer quicker recovery times and reduced risks.
The report further highlights the growing role of robotics and artificial intelligence in orthopedic procedures. Advanced robotic systems allow for highly precise implant placements, leading to enhanced outcomes and reduced complications. AI-driven diagnostic tools are also improving patient assessment and treatment planning, enabling tailored therapies that maximize success rates. As healthcare systems around the globe strive for efficiency, these technological advancements are being embraced at an unprecedented rate, fueling the market's growth trajectory.
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In addition to advancements in technology, the orthopedic devices market is benefiting from an increase in healthcare spending and favorable government initiatives aimed at improving orthopedic care. Many countries are allocating more funds towards public health infrastructure, including specialized care for orthopedic conditions. Subsidized healthcare policies and reimbursement schemes are also encouraging more patients to seek necessary treatments, which is contributing to the steady demand for advanced orthopedic solutions.
Manufacturers and suppliers of orthopedic devices are constantly innovating to meet this demand and stay competitive. Companies are investing in research and development to introduce next-generation products that not only enhance functionality but also address biocompatibility concerns. For instance, the development of 3D-printed orthopedic implants, designed to match a patient’s unique anatomy, is becoming increasingly popular, allowing for better integration with the body and longer-lasting solutions. As these technologies mature, they are expected to become standard practice in orthopedic surgery, paving the way for future growth in the orthopedic devices market.
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healthcaremarketanalysis · 1 month ago
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Orthopedic Devices Industry worth $48.1 billion by 2028, with a CAGR of 4.8%
The report “Orthopedic Devices Market by Product (Fixation, Replacement Devices {knee, Hip, Shoulder}, Braces, Spinal Implants, Arthroscopy, Orthobiolgics), Application (Fracture Treatment, Osteoarthritis), End User (Hospital, ASCs)- Global Forecast to 2028” is projected to reach USD 48.1 billion by 2028 from USD 36.3 billion in 2022, at a CAGR of 4.8% during the forecast period. Growth in elderly population worldwide, increasing number of osteoarthritis cases, growing participation in sports, rising awareness about the presence of orthopedic treatment, technological advancements and growth strategies adopted by the players in the orthopedic devices such as product launches, agreements, partnerships, and acquisitions are expected to propel the growth of the market.
Browse 278 market data Tables and 41 Figures spread through 386 Pages and in-depth TOC on “Orthopedic Devices Market — Global Forecast to 2028” View detailed Table of Content here — https://www.marketsandmarkets.com/Market-Reports/orthopedic-device-280.html
The orthopedic devices market includes major Tier I and II suppliers of orthopedic products are Stryker Corporation (US), Johnson & Johnson (US), Smith & Nephew (UK), Medtronic plc (Ireland), Zimmer Biomet (US), B. Braun (Germany), Enovis (US), NuVasive (US), Acumed LLC (US), BSN Medical (Germany), CONMED Corporation (US), Orthofix Medical Inc. (US), Arthrex (US), Allegra Orthopaedics (Australia), DeRoyal Industries (US), MicroPort (China), Nippon Sigmax Co., Ltd. (Japan), TriMed Inc. (US), Altis Biologics (South Africa), Isto Biologics (US), ITS (Austria), Meril Life Sciences Pvt. Ltd. (India), Mueller Sports Medicine, Inc. (US), RCH Orthopaedics (India), and FLA Orthopedics (US).
Increasing aging population with degenerative spine diseases are anticipated to accelerate the demand for spinal implants and surgical devices
The incidence of degenerative lumbar spine disease is currently increasing among older generation and this has led to an increased demand for spinal surgeries. Acceptance of minimally invasive procedures in treatment of spinal cord disorders involve lesser muscle damage, blood loss, shorter hospital stays; quicker recovery; and preservation of spinal mobility post-surgery are contributing towards the growth of the segment. Moreover, rising cases of road accidents and sports related spinal injuries and growing advancements in spinal implants are anticipated to enhance the growth of segment.
Orthopedic devices market is anticipated to grow at the fastest pace in Asia Pacific
The Asia Pacific orthopedic devices market is projected to grow at the highest CAGR of 5.8% from 2022 to 2028. The presence of a large patient population, improved healthcare infrastructure, the rising number of hospitals, and the rapidly growing aging population (especially in Japan and China) are likely to contribute towards the rapid growth of orthopedic devices market in Asia Pacific Additionally, grants offered by the government to promote the awareness and research on orthopedic diseases, expansion of geographical footprints of key players in Asian Countries by setting up orthopedic devices manufacturing units and increasing local manufacturers in the region are anticipated to support the significant growth orthopedic devices market in Asia Pacific.
Prominent players in this market are Stryker Corporation (US), Johnson & Johnson (US), Smith & Nephew (UK), Medtronic plc (Ireland), Zimmer Biomet (US), B. Braun (Germany), Enovis (US), NuVasive (US), Acumed LLC (US), BSN Medical (Germany), CONMED Corporation (US), Orthofix Medical Inc. (US), Arthrex (US), Allegra Orthopaedics (Australia), DeRoyal Industries (US), among others
Recent Developments of the Orthopedic Devices Market
In January 2023, Zimmer Biomet acquired Embody, Inc. with a focus on strengthening its brand presence in the orthopedic devices market.
In November 2022, Enovis announced the launch of a new DynaNail Helix fixation system used for the treatment of bone fractures, joint fusion, and bone reconstruction.
In September 2022, Stryker Corporation introduced New Gamma4 Hip fracture nailing system to expand its orthopedic fixation devices product portfolio.
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omkarpatel · 10 months ago
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Pain Management Devices is Estimated to Witness High Growth Owing to Opportunity to Address Unmet Needs in Chronic Pain Management
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Pain management devices are medical devices used for patients suffering from acute and chronic pain. These devices include neuromodulation devices, ablation devices, and analgesic infusion pumps. Neuromodulation devices such as Transcutaneous Electrical Nerve Stimulation (TENS) devices and Spinal Cord Stimulation (SCS) devices help manage both chronic and acute pain with minimal side effects. The global pain management devices market is estimated to be valued at US$ 6 billion in 2023 and is expected to exhibit a CAGR of 6.5% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: The large unmet needs in chronic pain management presents a huge market opportunity for pain management devices. Chronic pain affects millions of people globally and significantly impacts their quality of life. However, currently available treatment options for chronic pain such as medications, have limited efficacy and are associated with dependence and addiction issues. This leaves a large patient population with inadequate pain relief. Pain management devices such as neurostimulation devices offer an alternative to medications for chronic pain management with minimal side effects. With increasing awareness about benefits of neurostimulation therapies and availability of advanced devices, the demand for pain management devices from chronic pain patients is expected to grow significantly over the forecast period thus driving the market growth. Porter's Analysis Threat of new entrants: The threat of new entrants is moderate as significant capital investment is required to manufacture medical devices. However, new players can enter through acquisition or by offering innovative products. Bargaining power of buyers: The bargaining power of buyers is high due to the presence of many established players providing alternative treatment options. Buyers can negotiate on price and demand continuous innovation. Bargaining power of suppliers: The bargaining power of suppliers is moderate as raw material suppliers have minimum differentiation. However, key component suppliers have some bargaining power. Threat of new substitutes: The threat of substitutes is moderate to high as alternative treatment options like medications, therapy, and surgeries are available. Development of new technologies poses a threat. Competitive rivalry: The competitive rivalry is high due to the presence of many global and regional players offering similar products. Players compete on innovation, quality, and performance. SWOT Analysis Strength: It offers non-invasive and minimally invasive treatment options with reduced pain and quick recovery.New products provide effective long-term pain relief and improved functional recovery. Weakness: High procedure and device costs can limit widespread adoption.Lack of awareness about new technologies in developing nations. Key Takeaways The global pain management devices market is expected to witness high growthduring the forecast period of 2023 to 2030. The market is estimated to grow at a CAGR of 6.5% during the forecast period. Growth drivers include rising geriatric population, increasing incidence of chronic conditions causing chronic pain, and growing preference for non-opioid therapies. Key players operating in the pain management devices market are Medtronic, Boston Scientific, Abbott, NeuroMetrix., and B Braun Melsungen. Medtronic maintains its leadership position in the market with its portfolio of both invasive and non-invasive neuromodulation systems to treat chronic pain. Boston Scientific focuses on less invasive procedures through minimally invasive implants and patient-specific therapy.
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vanshika393 · 1 year ago
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Orthopedic Implants Market - Key Players, Growth and Opportunities 2030 | Credence Research
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The latest market report published by Credence Research, Inc. “Global Orthopedic Implants Market: Growth, Future Prospects, and Competitive Analysis, 2023 – 2030. It is anticipated that between 2023 and 2030, the worldwide Orthopedic Implants Market will expand at a compound annual growth rate (CAGR) of 6.90%. From USD 33548.8 million in 2022, the market is projected to be worth USD 57213.5 million by 2030.
The orthopedic implants market refers to the industry involved in the manufacturing, distribution, and sale of medical devices used in orthopedic surgeries and treatments. These implants are designed to replace or support damaged or diseased bones and joints in the human body. Orthopedic implants are commonly used in procedures such as joint replacement surgeries (e.g., hip or knee replacement), fracture fixation, spinal fusion, and more. These implants can be made from various materials, including metals (such as titanium and stainless steel), ceramics, and polymers. They come in a variety of shapes and sizes to accommodate different patient needs and anatomical structures.
The orthopedic implants market is driven by factors such as an aging population, increased incidence of orthopedic conditions and injuries, advancements in implant technology, and improved surgical techniques. It encompasses a wide range of products, including hip implants, knee implants, spinal implants, shoulder implants, and trauma fixation devices, among others. The market is characterized by competition among various manufacturers and suppliers, with a focus on developing innovative and high-quality implants to meet the growing demand for orthopedic treatments. Additionally, regulatory bodies in different countries establish standards and regulations to ensure the safety and efficacy of orthopedic implants, contributing to the overall quality of products in the market.
Orthopedic Implants Market Partners and Acquisitions
The Orthopedic Implants Market, a rapidly-growing sector driven by advancements in medical technology and an aging population, has seen numerous partnerships and acquisitions in recent years. As the demand for orthopedic implants continues to rise, market players have recognized the need to collaborate and expand their offerings to stay competitive. Industry leaders such as Johnson & Johnson, Zimmer Biomet Holdings Inc., and Stryker Corporation have sought strategic alliances with niche companies specializing in specific segments of the orthopedic implant market.
This approach allows them to synergize resources, leverage expertise, and streamline research and development efforts while gaining access to new technologies or geographical markets. These partnerships enable manufacturers to enhance their product portfolios by incorporating innovative materials like titanium alloys or advanced manufacturing techniques like 3D printing. Moreover, these collaborations foster knowledge exchange between industry experts, leading to further innovation in surgical procedures and improved patient outcomes.
Additionally, mergers and acquisitions play a significant role in reshaping the landscape of the orthopedic implant market by enabling larger corporations to acquire smaller firms with unique product pipelines or intellectual property rights that complement their existing portfolio. Such consolidations often result in cost-efficiency due to economies of scale while broadening market reach through expanded distribution networks globally.
The global Orthopedic Implants Market is highly competitive, with several key players. Some of the major players in the market and their market share are as follows:
Stryker
Arthrex, Inc.
Smith & Nephew
Zimmer Biomet
DePuy Synthes, Inc.
Globus Medical Inc
Johnson & Johnson
DJO Finance LLC
Smith and Nephew Plc
Browse 208 pages report Orthopedic Implants Market By Type of Implants (Hip Implants, Knee Implants, Spine Implants, Shoulder and Elbow Implants, Trauma Implants, Extremity Implants (Hand, Foot, Ankle), Dental Implants, Others) By Material (Metallic Implants (Stainless Steel, Titanium, Cobalt-Chromium, etc.), Polymeric Implants (Polyethylene, Polycarbonate Urethane, etc.), Ceramic Implants, Composite Implants) – Growth, Share, Opportunities & Competitive Analysis, 2023 – 2030 - https://www.credenceresearch.com/report/orthopedic-implants-market
Orthopedic Implants Market Key Growth Trends
The Orthopedic Implants Market has been witnessing key growth trends over the years. With the advancements in medical technology and increasing cases of orthopedic disorders, the demand for orthopedic implants has risen significantly. These implants play a crucial role in restoring mobility and improving the quality of life for patients with musculoskeletal conditions. The market encompasses a wide range of products such as joint replacement implants, spinal implants, trauma fixation devices, and dental implants.
Technological innovations have led to the development of advanced materials like titanium alloys and bioresorbable polymers that enhance implant durability while minimizing post-operative complications. Additionally, an aging population is also contributing to market growth as elderly individuals are more prone to orthopedic ailments due to age-related degeneration. Moreover, rising awareness about sports injuries among athletes has increased the adoption of orthopedic implant procedures to aid recovery and maintain athletic performance levels. With ongoing research promising further improvements in implant design and functionality, the future looks promising for the Orthopedic Implants Market as it continues to cater to both therapeutic needs and aspirations for improved quality of life.
Market Segmentation
By Type of Implants
Hip Implants
Knee Implants
Spine Implants
Shoulder and Elbow Implants
Trauma Implants
Extremity Implants (Hand, Foot, Ankle)
Dental Implants
Others
By Material
Metallic Implants (Stainless Steel, Titanium, Cobalt-Chromium, etc.)
Polymeric Implants (Polyethylene, Polycarbonate Urethane, etc.)
Ceramic Implants
Composite Implants
Why to Buy This Report-
The report provides a qualitative as well as quantitative analysis of the global Orthopedic Implants Market by segments, current trends, drivers, restraints, opportunities, challenges, and market dynamics with the historical period from 2016-2020, the base year- 2021, and the projection period 2022-2028.
The report includes information on the competitive landscape, such as how the market's top competitors operate at the global, regional, and country levels.
Major nations in each region with their import/export statistics
The global Orthopedic Implants Market report also includes the analysis of the market at a global, regional, and country-level along with key market trends, major players analysis, market growth strategies, and key application areas.
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Related Reports- https://www.credenceresearch.com/report/comt-inhibitors-market
https://www.credenceresearch.com/report/compression-therapy-market
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geniusorthoindustries · 1 year ago
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We provide a wide selection of orthopaedic implants, such as spinal implants, joint replacements, trauma treatments, and various specialised devices. Our products are made with the best materials, precisely designed, and put through a thorough testing process to ensure longevity and performance. Our global distribution network guarantees that anyone in need can have our orthopaedic implants, which have the potential to change lives.
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beingsanket · 2 years ago
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#medicaldevices #healthcare #medicalequipment #medical #medicaldevice #medicalsupplies #covid #technology #health #medicine #hospital #manufacturing #wheelchair #engineering #kneebrace #hospitals #doctor #production #digitalhealth #medtech #healthtech #robotics #surgery #manufacturers #iot #electricalengineering #diabetes #doctors #electronics #supplier
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atlassurgical · 2 years ago
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At Atlas Surgical, we're dedicated to being a leading supplier of high-quality orthopedic implants and instruments in Delhi. Our products are designed to provide patients with improved mobility, comfort, and quality of life. With our range of orthopedic implants and instruments, we aim to deliver innovative solutions that address the unique needs of patients and healthcare providers alike.
Our team of experts is committed to providing exceptional customer service and support to ensure that our products are always delivered on time and meet the highest quality standards. Whether you're looking for joint replacement implants, spinal implants, or trauma implants, we have a wide range of products to meet your needs.
Contact us today to learn more about our orthopedic implants and instruments and how we can help you improve patient outcomes and healthcare experiences.
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alleopo · 2 years ago
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capsurenterprises-blog · 2 years ago
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What Do You Need to Know About Lordosis?
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Siora Surgicals Pvt. Ltd. is an experienced orthopedic device manufacturer in India that provides a CE-certified range of orthopedic implants including spinal implants. The company has a global presence and is also looking to become a reliable Supplier for Orthopedic Implants in Belarus.
https://revolus.com/read-blog/16353_what-do-you-need-to-know-about-lordosis.html
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factmrsposts · 2 years ago
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Demand For Bioelectric Medicine Will Witness Rapid Growth By 2032
According to Fact.MR, Insights of Bioelectric Medicine Market is a specialized and in-depth study of the industry with a special focus on the Key Trends of Bioelectric Medicine Market is a Service. The report aims to provide an overview with detailed segmentation by type, application, end use and geography. The global is expected to witness high growth during the forecast period. A survey offers detailed analysis on key growth drivers of Bioelectric Medicine Market trends accelerating Bioelectric Medicine Market sales globally. The survey also gives detailed analysis on the competitive landscape of Bioelectric Medicine Market identifying key players and analyzing the impact of their growth strategies.
Request Brochure to get extensive insights into the Bioelectric Medicine Market – https://www.factmr.com/connectus/sample?flag=B&rep_id=6320
Prominent Key players of the Bioelectric Medicine Market survey report
Some of the leading manufacturers and suppliers of Bioelectric Medicine include
Medtronic
Abbott
Boston Scientific Corporation
Cochlear Ltd.
LivaNova PLC
Sonova
BIOTRONIK SE & Co. KG
NEVRO CORP.
Second Sight
electroCore, Inc.
BioElectronics Corporation
GlaxoSmithKline plc
Wright Medical Technology, Inc.
Key Segments
By Product Type
Implantable cardioverter defibrillators
Cardiac pacemakers
Cochlear implants
Spinal cord stimulators
Deep brain stimulators
Transcutaneous electrical nerve stimulators
Sacral nerve stimulators
Vagus nerve stimulators
Other bioelectric medicines
By Device Type
Implantable devices
Non-implantable devices
By Application
Arrhythmia
Pain management
Sensorineural hearing loss
Parkinson’s disease
Tremor
Depression
Treatment-resistant depression
Epilepsy
Urinary and faecal incontinence
Others
By Product Type
Hospitals
Ambulatory surgical centres
Speciality clinics
Home care settings
Other
By Region
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa
The insights for each vendor consists of:
Company profile
SWOT analysis
Main market information
Market share
Revenue, pricing and gross margin
What insights does the Bioelectric Medicine Market report provide to the readers?
Bioelectric Medicine Market fragmentation on the basis of product type, end use, and region.
Comprehensive assessment of upstream starting materials, downstream demand, and present market landscape.
Collaborations, R&D projects, acquisitions, and product launches of each Bioelectric Medicine Market player.
Various regulations imposed by the governments on the consumption of Bioelectric Medicine Market in detail.
Impact of modern technologies, such as big data & analytics, artificial intelligence, and social media platforms on the global Bioelectric Medicine Market.
The report covers following Bioelectric Medicine Market insights and assessment that are helpful for all participants involved in the Bioelectric Medicine Market:
Data on recently introduced regulations and their impact on key industries and on demand in Bioelectric Medicine Market
Latest industry Analysis on Bioelectric Medicine Market, with key analysis of market drivers, trends, and influencing factors
Key trends Analysis of Bioelectric Medicine Market and changing consumer preferences in major industries.
Changing Bioelectric Medicine Market demand and consumption of diverse products
Major trends underlining funding by key investors in numerous countries
New investment opportunities in diverse technology and product or service types
Comprehensive data and Competitive analysis of Bioelectric Medicine Market major players
Bioelectric Medicine Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
Bioelectric Medicine Market demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
Questionnaire answered in the Bioelectric Medicine Market report include:
How the market for Bioelectric Medicine Market has grown?
What is the present and future outlook of the global Bioelectric Medicine Market on the basis of region?
What are the challenges and opportunities for the Bioelectric Medicine Market?
Why the consumption of Bioelectric Medicine Market highest in region?
In which year segment is expected to overtake segment?
Key Highlights      
Sales of Bioelectric Medicine Market in 2022
Competitive Analysis of Bioelectric Medicine Market
Demand Analysis of Bioelectric Medicine Market
Key Trends of Supply Side Analysis of Bioelectric Medicine Market
Outlook of Bioelectric Medicine Market
Insights of Bioelectric Medicine Market
Analysis of Bioelectric Medicine Market
Survey of Bioelectric Medicine Market
Size of Bioelectric Medicine Market
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shaguncares · 2 years ago
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Best Spine Implants Manufacturers In Colombia
Your all inclusive resource for everything Spinal. We are South Florida's driving supplier of spine care arrangements. We give total Spinal assessments and deal the best in: back torment treatment, spinal medical procedure, and that's just the beginning. spine implants manufacturers in colombia, spine insert makers in Colombia. Spine Embed a medical procedure is an operation where fake inserts, like screws and poles, are embedded into the spine. Spine embedding in a medical procedure is otherwise called spinal combination or intervertebral circle substitution. Kyphon produces spinal inserts in Colombia and produces muscular inserts in excess of 40 nations.
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traumaimplants · 2 years ago
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orthopedic-implant · 4 years ago
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For the surgical correction of spinal conditions, the spine heal pedicle screw system is used. At GPC we offers the best raw materials to build high quality pedicle screw system for precise and segmental stabilization of the spine.
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alleopo · 2 years ago
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