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 As per The Business Research Company’s Advanced Orthopedic Technologies, Implants, And Regenerative Products Global Market Report 2023, The global advanced orthopedic technologies, implants, and regenerative products market is expected to grow from $59.02 billion in 2022 to $63.99 billion in 2023 at a compound annual growth rate (CAGR) of 6.8%. The advanced orthopedic technologies, implants, and regenerative products market is expected to reach $80.15 billion in 2027 at a CAGR of 5.8%.

What was the major driver in the advanced orthopedic technologies, implants, and regenerative products market?
The increasing incidence of orthopedic disorders is expected to propel the growth of the advanced orthopedic technologies, implants, and regenerative products market going forward. Orthopedic disorders refer to conditions that affect the musculoskeletal system, including the bones, joints, muscles, tendons, ligaments, and cartilage. The increasing number of orthopedic diseases leads to a rise in demand for advanced orthopedic technologies, implants, and regenerative products, as they are used for diagnosing, treating, and managing orthopedic disease symptoms and causes. For instance, in June 2023, according to Versus Arthritis, a UK-based charity dedicated to supporting people with arthritis, around 450,000 people in the UK have rheumatoid arthritis, 190,000 adults have psoriatic arthritis, and 10 million people have osteoarthritis, compared to 430,000 people with rheumatoid arthritis, 100,000 adults with psoriatic arthritis, and 8.5 million people with osteoarthritis in 2021, respectively. Therefore, the increasing incidence of orthopedic disorders drives the growth of the advanced orthopedic technologies, implants, and regenerative products market.

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What was the key trend in the advanced orthopedic technologies, implants, and regenerative products market?
Advancements in technology are a key trend gaining popularity in the advanced orthopedic technologies, implants, and regenerative products market. Major companies operating in the advanced orthopedic technologies, implants, and regenerative products market are adopting new technologies to sustain their position in the market. For instance, in January 2023, Orthofix Medical Inc., a US-based medical device company providing spinal, orthopedic, bone growth, and motion preservation products, launched the Mariner deformity pedicle screw system. This system aims to offer a comprehensive solution that meets clinical goals and expands the Mariner family’s modular platform. It combines biologics and 7-D Flash navigation with machine vision precision and segmental registration. The Mariner deformity system uses Mariner’s reliable modular technology to offer a wide range of implants while minimizing the usual number of surgical trays needed for deformity surgery.

Which was the largest region in the advanced orthopedic technologies, implants, and regenerative products market?
North America was the largest region in the advanced orthopedic technologies, implants, and regenerative products market in 2022. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in advanced orthopedic technologies, implants, and regenerative products report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

Who are the advanced orthopedic technologies, implants, and regenerative products market prominent players?
Major players in the advanced orthopedic technologies, implants, and regenerative products market are Johnson & Johnson, Medtronic PLC, Stryker Corporation, B Braun Medical Inc., Zimmer Biomet Holdings Inc., Smith & Nephew PLC, Arthrex Inc., Integra LifeSciences Holdings Corporation, Lepu Medical Technology Co Ltd., NuVasive Inc., CONMED Corporation, Globus Medical Inc., Wright Medical Group N.V., Bioventus LLC, Orthofix Medical Inc., Alphatec Holdings Inc., Acumed LLC, MiMedx Group Inc., Exactech Inc., Anika Therapeutics Inc., DJO Global Inc., Misonix Inc., Osiris Therapeutics Inc., Bacterin International Holdings Inc., Cerapedics Inc., Histogenics Corporation, Kuros Biosciences AG, Life Spine Inc., Aurora Spine Corporation, and Camber Spine Technologies LLC.

Key advanced orthopedic technologies, implants, and regenerative products market segments
The global advanced orthopedic technologies, implants, and regenerative products market is segmented
1) By Type: Implants, Regenerative Products
2) By Product: Orthopedic Fixation Devices, Orthopedic Replacement Devices, Orthopedic Prosthetics, Orthopedic Braces And Support Products, Spinal Implants And Surgical Devices, Arthroscopy Instruments, Orth Biologics, Bone Graft Substitutes
3) By Site: Hip And Pelvis, Foot And Ankle, Knee And Thigh, Hand And Wrist, Shoulder, Arm And Elbow, Spine, Craniomaxillofacial
4) By Application: Hospitals, Ambulatory Surgical Centers, Specialty Clinics, Other Applications

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The Advanced Orthopedic Technologies, Implants, And Regenerative Products Global Market Report 2023  provides a comprehensive overview on the advanced orthopedic technologies, implants, and regenerative products market size, trends and drivers, opportunities, strategies, and companies analysis. Through our reports businesses can effectively analyze data and frame well-informed strategies

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