The Brainy Insights has released a report on the global orthopedic implants market. The report states that the market is expected to reach USD 71.16 billion by 2030, registering a CAGR of 4.9% from 2022 to 2030.
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Orthopedic Implants As per the report, the orthopedic implants market is driven by the increasing prevalence of orthopedic disorders and accidents, together with technological advancements. Additionally, the high acceptance of patients for integrating implants with image techniques is the propelling factor of the orthopedic implants market. For instance, according to Avinash D., "The high acceptance of patients for integrating implants with image techniques is the propelling factor of the orthopedic implants market". Furthermore, the report covers the orthopedic implants market in eleven key regions, including North America, Europe, Asia-Pacific, South America, and Middle East & Africa. On the regional front, North America dominated the global orthopedic implants market in 2020. In the region, orthopedic implants are used for the diagnosis and treatment of various painful orthopedic conditions. Additionally, the increasing utilization of orthopedic instruments and implants in Europe is expected to fuel the growth during the forecast period. Furthermore, the growing geriatric population in the Asia-Pacific region is driving the orthopedic implants industry in the region. Additionally, government support in various countries of the region to introduce new technology and products in the healthcare sector is further driving the market.
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The report covers the global orthopedic implants market, which is driven by the increasing prevalence of orthopedic disorders and accidents as well as technological advancements, and North America dominates the market due to the utilization of orthopedic instruments and implants.
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