Middle East and Africa Orthopedic Devices Market is expected to reach $3.34 billion by 2021 | Market Data Forecast
Middle East and Africa Orthopedic Devices Market - Industry Analysis, Size, Share, Growth, Trends, and Forecasts (2016–2021) | Market Data Forecast
(EMAILWIRE.COM, June 29, 2017 ) The Middle East and Africa Orthopedic Devices Market was worth $2.66 billion in 2016 and estimated to be growing at a CAGR of 4.61%, to reach $3.34 billion by 2021. An orthopedic device is used to assist or substitute the missing bone or joint. It aids in rebuilding or reinforcing the damaged configuration.
Browse market data tables and in-depth TOC of the Middle East and Africa Orthopedic Devices Market to 2021 @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-orthopedic-devices-market-1466/
In order to fabricate a biocompatible tool, several properties of musco-skeletal tissues such as tendon, bone, ligament, and cartilage need to be properly comprehended. The materials utilized in the devices must be adjustable to the body in order to prevent rejection. This data helps us in creating materials and plans that are explicitly custom-made for each type of tissue defect.
The growth of the Middle East and Africa Orthopedic Devices Market is mainly driven by factors such as rise in geriatric population, growing frequency of osteoarthritis and osteoporosis, and rise in sports injuries and road accidents. However, factors such as costly procedures & equipment, recurrent product recalls, and unfavorable economic conditions are hindering the growth of the market in this region.
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The Middle East and Africa Orthopedic Devices market is segmented based on anatomical location and type of consumables. The market for orthopedic devices, on the basis of anatomical location is segmented into knee, shoulder, foot and ankle, hip, spine, elbow, craniomaxillofacial, and others. The knee segment is the largest segment, by anatomical location, whereas the hip segment is projected to be the fastest growing segment. This is due to various factors such as rise in geriatric populace, increase in frequency of hip fractures, and mounting demand for hip replacement surgeries. On the basis of type of consumables, the orthopedic devices market is segmented into orthopedic staples and orthopedic suture anchors. Orthopedic suture anchors are further segmented into resorbable suture anchors and metallic suture anchors. The orthopedic suture anchors segment dominates the market under this segment with a share of around 75%.
The market has been geographically segmented into Middle-East and Africa. In terms of market share, South Africa leads the market in this region. Other significant markets in this region include UAE, Israel and Nigeria. Trade in medical devices and equipment is vital to the region's growth with all markets reliant on imports.
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The market is categorized by the existence of diversified international and national companies, where the global players lead the market and are predicted to grow exponentially by securing regional or local companies. The major companies dominating the Orthopedic Devices market in this region are Medtronic, Stryker, Zimmer Inc., DePuy, Synthes, Smith & Nephew, and Biomet.
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Browse market data tables and in-depth TOC of the Middle East and Africa Orthopedic Devices Market to 2021 @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-orthopedic-devices-market-1466/
In order to fabricate a biocompatible tool, several properties of musco-skeletal tissues such as tendon, bone, ligament, and cartilage need to be properly comprehended. The materials utilized in the devices must be adjustable to the body in order to prevent rejection. This data helps us in creating materials and plans that are explicitly custom-made for each type of tissue defect.
The growth of the Middle East and Africa Orthopedic Devices Market is mainly driven by factors such as rise in geriatric population, growing frequency of osteoarthritis and osteoporosis, and rise in sports injuries and road accidents. However, factors such as costly procedures & equipment, recurrent product recalls, and unfavorable economic conditions are hindering the growth of the market in this region.
Free sample of the report is available @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-orthopedic-devices-market-1466/request-sample
The Middle East and Africa Orthopedic Devices market is segmented based on anatomical location and type of consumables. The market for orthopedic devices, on the basis of anatomical location is segmented into knee, shoulder, foot and ankle, hip, spine, elbow, craniomaxillofacial, and others. The knee segment is the largest segment, by anatomical location, whereas the hip segment is projected to be the fastest growing segment. This is due to various factors such as rise in geriatric populace, increase in frequency of hip fractures, and mounting demand for hip replacement surgeries. On the basis of type of consumables, the orthopedic devices market is segmented into orthopedic staples and orthopedic suture anchors. Orthopedic suture anchors are further segmented into resorbable suture anchors and metallic suture anchors. The orthopedic suture anchors segment dominates the market under this segment with a share of around 75%.
The market has been geographically segmented into Middle-East and Africa. In terms of market share, South Africa leads the market in this region. Other significant markets in this region include UAE, Israel and Nigeria. Trade in medical devices and equipment is vital to the region's growth with all markets reliant on imports.
Avail discount @ http://www.marketdataforecast.com/market-reports/middle-east-and-africa-orthopedic-devices-market-1466/request-discount
The market is categorized by the existence of diversified international and national companies, where the global players lead the market and are predicted to grow exponentially by securing regional or local companies. The major companies dominating the Orthopedic Devices market in this region are Medtronic, Stryker, Zimmer Inc., DePuy, Synthes, Smith & Nephew, and Biomet.
About Us:
Market Data Forecast is a firm working in the area of market research and business intelligence. With rich experience in research across various business domains, we cater to the needs of both individual and corporate clients. Our analyst team comprises expert professionals in market research, who with their collective knowledge and skillset dedicatedly serve clients from various industries and regions.
Contact:
Abhishek Shukla
Sales Manager (International Business Development)
Market Data Forecast
Direct Line: +1-888-702-9626
Mobile: +91 998 555 0206
Mail: abhishek@marketdataforecast.com
Visit MarketDataForecast Blog @ http://www.marketdataforecast.com/blog/
View latest Press Releases of MDF @ http://www.marketdataforecast.com/press-releases
Contact Information:
Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
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Market Data Forecast.
Abhishek
Tel: +1-888- 702-9626
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results