The global orthopedics diagnostic devices market size reached USD 11,024.00 Million in 2021 and is expected to register a revenue CAGR of 3.9% during the forecast period, according to latest analysis by Emergen Research. The global demand for diagnosis and diagnostic equipment has increased, due to rising prevalence of orthopedic disorders, such as osteoporosis, arthritis, elbow discomfort, and others. Arthritis is estimated to affect around 72 million people in the United States by 2030, according to the Centers for Disease Control and Prevention (CDC), and therefore, demand for orthopedic diagnostic equipment is likely to increase in the United States, making it one of the most lucrative markets in the world. Increase in the number of old and obese people is also expected increase the adoption rate of orthopedics diagnostic devices and thus, drive market revenue growth during the forecast period. According to the US Department of Health and Human Services projections, the country\'s geriatric population would increase to 72.1 million by 2030, more than doubling from 2000. This is expected to increase demand for orthopedics diagnostic devices, as the geriatric population is more prone to orthopedic diseases, such as osteoporosis and osteoarthritis.
The researchers have considered all the factors influencing the growth of the Orthopedics Diagnostic Devices market on the global and regional scale. The report considers the COVID-19 pandemic as one of the key influencing factors of the Orthopedics Diagnostic Devices market. The pandemic has disrupted the supply chains and economic scenario of the market and has hindered the growth of the market. The report discusses in detail the overall impact of the COVID-19 pandemic on the Orthopedics Diagnostic Devices market and its key segments. The report also offers a current and future impact of the COVID-19 pandemic on the market.
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The study outlines the rapidly evolving and growing market segments along with valuable insights into each element of the industry. The industry has witnessed the entry of several new players, and the report aims to deliver insightful information about their transition and growth in the market. Mergers, acquisitions, partnerships, agreements, product launches, and joint ventures are all outlined in the report.
The leading market contenders listed in the report are:
GE Healthcare, Siemens Healthineers, Koninklijke Philips N.V., Canon Medical Systems Corporation, Hitachi, Ltd, Esaote S.p.A., Hologic, Inc, Planmed Oy, FUJIFILM Holdings Corporation, Stryker, Zimmer Biomet, Bone Index Ltd, SCANCO Medical AG and Echolight S.p.a
Research Report on the Orthopedics Diagnostic Devices Market Addresses the Following Key Questions:
- Who are the dominant players of the Orthopedics Diagnostic Devices market?
- Which regional market is anticipated to have a high growth rate over the projected period?
- What consumer trends and demands are expected to influence the operations of the market players in the Orthopedics Diagnostic Devices market?
- What are the key growth drivers and restraining factors of the Orthopedics Diagnostic Devices market?
- What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
- What is the overall impact of the COVID-19 pandemic on the Orthopedics Diagnostic Devices market and its key segments?
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Emergen Research has segmented the global Orthopedics Diagnostic Devices market on the basis of type, type of care, and region
Segments Covered in this report are:
Product Outlook (Revenue, USD Million; 2019–2030)
- X-ray Systems
- Fluoroscopy
- Doppler Ultrasound
- Computed Tomography (CT Scan)
- Quantitative Computed Tomography
- High-resolution peripheral quantitative computed tomography (HR-pQCT)
- Weight Bearing CT (WBCT)
- Magnetic Resonance Imaging (MRI)
- Weight Bearing MRI
- Other Devices
- Other Diagnostic devices
Type Outlook (Revenue, USD Million; 2019–2030)
- Standalone
- Point of Care
Age Group Outlook (Revenue, USD Million; 2019–2030)
- Pediatrics
- Adults
In conclusion, the Orthopedics Diagnostic Devices Market report is an exhaustive database that will help readers formulate lucrative strategies. The Orthopedics Diagnostic Devices Market report studies the latest economic scenario with value, drivers, constraints, growth opportunities, challenges, demand and supply ratio, production capacity, import/export status, growth rate, and others. Additionally, the report also undertakes SWOT Analysis and Porter’s Five Forces Analysis to study the leading companies.
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