Technavio has been monitoring the outsourced orthopedic manufacturing market and it is poised to grow by USD 2.31 billion during 2020-2024, progressing at a CAGR of over 7% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Outsourced Orthopedic Manufacturing Market 2020-2024 (Graphic: Business Wire).
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Frequently Asked Questions-
- Based on segmentation by product, which is the leading segment in the market?
- The implants are expected to be the leading segment in the global market during the forecast period.
- What are the major trends in the market?
- Technological advances in orthopedic implants is one of the major trends in the market.
- At what rate is the market projected to grow?
- Growing at a CAGR of over 7%, the incremental growth of the market is anticipated to be USD 2.31 billion.
- Who are the top players in the market?
- Autocam Medical, Avalign Technologies Inc., In'Tech Medical SAS, Jabil Inc., LISI Group, Marle Group, NN Inc., Orchid MPS Holdings LLC, Tecomet Inc., and Viant are some of the major market participants.
- What are the key market drivers and challenges?
- Rising prevalence of orthopedic disorders is one of the major factors driving the market. However, the high implant prices coupled with decreasing reimbursement restraints the market growth.
- How big is the North America market?
- The North America region will contribute 46% of market growth.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Autocam Medical, Avalign Technologies Inc., In'Tech Medical SAS, Jabil Inc., LISI Group, Marle Group, NN Inc., Orchid MPS Holdings LLC, Tecomet Inc., and Viant are some of the major market participants. The rising prevalence of orthopedic disorders will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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Outsourced Orthopedic Manufacturing Market 2020-2024: Segmentation
Outsourced Orthopedic Manufacturing Market is segmented as below:
- Product
- Implants
- Instruments
- Cases and Trays
- Geographic Landscape
- North America
- Europe
- Asia
- ROW
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Outsourced Orthopedic Manufacturing Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The outsourced orthopedic manufacturing market report covers the following areas:
- Outsourced Orthopedic Manufacturing Market Size
- Outsourced Orthopedic Manufacturing Market Trends
- Outsourced Orthopedic Manufacturing Market Analysis
This study identifies technological advances in orthopedic implants as one of the prime reasons driving the outsourced orthopedic manufacturing market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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Outsourced Orthopedic Manufacturing Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist outsourced orthopedic manufacturing market growth during the next five years
- Estimation of the outsourced orthopedic manufacturing market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the outsourced orthopedic manufacturing market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of outsourced orthopedic manufacturing market vendors
Table of Contents:
Executive Summary
- Market Overview
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 2024
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Product
- Market segments
- Comparison by Product placement
- Implants Market size and forecast 2019-2024
- Instruments Market size and forecast 2019-2024
- Cases and trays Market size and forecast 2019-2024
- Market opportunity by Product
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America Market size and forecast 2019-2024
- Europe Market size and forecast 2019-2024
- Asia Market size and forecast 2019-2024
- ROW Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
Drivers, Challenges, and Trends
- Market drivers
- Volume driver Demand led growth
- Volume driver Supply led growth
- Volume driver External factors
- Volume driver Demand shift in adjacent markets
- Price driver Inflation
- Price driver Shift from lower to higher-priced units
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
- Vendor Analysis
Vendors covered
- Market positioning of vendors
- Autocam Medical
- Avalign Technologies Inc.
- In'Tech Medical SAS
- Jabil Inc.
- LISI Group
- Marle Group
- NN Inc.
- Orchid MPS Holdings LLC
- Tecomet Inc.
- Viant
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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