Market Analysis - Orthopedics-2018
Market Analysis Report
10th Orthopedics & Rheumatology Annual Meeting & Expo during August 30-31, 2018, Toronto, Canada. The special interest and theme of this conference are: “Orthopedics & Rheumatology: Expanding the Possibilities”. Orthopedics-2017 gathers renowned scientists, physicians, surgeons, young researchers, industrial delegates and talented student communities in the fields of Orthopedics & Rheumatology under a single roof where networking and global partnering happens for the acceleration of future research.
Orthopedics-2018 is an international platform for presenting research about orthopedics and related topics, there is an immense scope for exchanging ideas about rheumatology at this conference and thus, contributes to the dissemination of knowledge in the management of the disease for the benefit of the society.
For more details please visit: http://orthopedics-rheumatology.conferenceseries.com/
Importance & Scope:
Orthopedics 2018 aims to bring together leading academic scientists, researchers, orthopedic surgeons, Rheumatologists, Business delegates, talented student communities and research scholars to exchange and share their experiences and research results about all aspects of Orthopedics & Rheumatology. It also provides the chance for the attendees to present and discuss the most recent innovations, trends, and concerns, practical challenges encountered and the solutions adopted in the fields of Orthopedics & Rheumatology. Orthopedics -2018 is an international platform for presenting research about Orthopedics, exchanging ideas about it and thus, contributes to the dissemination of knowledge in the field.
Why in Toronto, Canada?
Toronto is Canada largest city, the fourth largest in North America, and home to a diverse population of about 2.8 million people. It's a global center for business, finance, arts, and culture and is consistently ranked one of the world's most livable cities. Toronto has a vibrant history of change and growth, ranging from its early occupation over 1,000 years ago to its current status as North America’s fourth largest city. Toronto is Canada's largest municipality and is made up of the former cities of Toronto, North York, Scarborough, York and Etobicoke, and the former borough of East York. The city is home to a large immigrant population and is a national and international hub for finance, communications, and cultural life. Diverse cultures, climates, and landscape make Canada a destination to suit any interest. Canada is a country of immigrants and has a policy of encouraging diversity. Thus, urban hubs feature a range of ethnic neighborhoods, restaurants, and shops. In addition to rich and varied urban centers, Canada’s natural environment is one of the most beautiful in the world. From pristine coastlines to rugged mountains and sparkling lakes, Canada’s geography inspires awe coast to coast.
The western side of Toronto is sometimes only thought of as a place where industry and residences bump up against each other, but it is also a place where there are wonderful parks and waterways and were numerous pockets of small businesses and local spirit create active and diverse communities. Combining suburban enclaves and malls with condominium developments and the dense business district surrounding the North York Civic Centre, the north-central tip of Toronto is at once both relaxed and exciting. The area is also home to York University and Black Creek Pioneer Village.
Medical doctors, patients, and healthcare providers consider the prevention of orthopedic diseases as an essential tool to improve the general health status of the population. The proportions of people suffering from the disease are expected to increase in future according to a recent statistical survey. According to recent statistics, orthopedic diseases worldwide will double between 2012 and 2030. Realizing this imperative, ConferenceSeries Ltd is set to organize International Conference on Orthopedics this year with a view to enhance research and promote awareness aiming in developing solutions for the challenges encountered. Orthopedics-2018 will comprise of many leading keynote speakers and session speakers who will be delivering their speech on the current research topics of orthopedics, complications related to rheumatology and other risk factors associated with the disease. The young researchers and the student participants will gain the opportunity to grab the Best Poster Award by presenting their work as a poster presentation and Young Researcher Forum.
Market Report of Orthopedics
The medical science of orthopedics deals the musculoskeletal system including the spine, bones, joints, ligaments, tendons, muscles, and nerves. Orthopedician (doctor/surgeon) that specializes in the prevention, diagnosis, and treatment including surgery of the musculoskeletal system. A famous forte in the field of orthopedics is Sports: Complementary Approaches. In spite of the fact that wounds amid sports are unavoidable, there are many societies/Association worldwide have focused on the significance of preventing sports injuries to prolong the career of athletes.
Application-based segmentation of the orthopedic devices market
As per 2016-2020 market research: Technavio market research analysts have estimated the spine orthopedic devices segment to account for a market share of more than 27% by the end of 2020. Factors like the rising incidence of spinal disorders and the growing preference for minimally invasive spinal surgeries are the major factors that fuel the demand for spine-related devices during the forecast period.
The current market Forecasts (2016-2021) is anticipating that Global Orthopedic Devices Market will reach $55.60 billion by 2021 developing at a CAGR of around 5.7% from 2016 to 2021. An orthopedic device is utilized to help or restore the missing bone or joint. It helps in reestablishing the capacity by supplanting or fortifying the harmed structure. Keeping in mind the end goal to build up a biocompatible device, various properties of musco-skeletal tissues such as bone, cartilage, ligament and tendon need to be properly understood. The material used in the devices should be adaptable to the body in order to avoid rejection.
Top Ten Players in the Global Orthopedics Market
The United States orthopedics market is slated to reach $4.2 billion in the next three years, according to a report by the Millennium Research Group. While the industry has faced some challenges like metal-on-metal hip implants, the overall orthopedics industry has been growing at a rapid pace. Orthopedic products include devices for ankles, feet, shoulders, elbows, wrists, and hands. In total, the annual growth rate of the orthopedics market is forecasted to be 3.4%.
Despite some issues with its joint products, J&J dominates the orthopedics industry. By 2018, analysts predict that the company will command more than one-fourth of the total market.
Coming in at number one, Johnson & Johnson had sales of $7.2 billion last year. By 2018, analysts predict this will rise to $10.6 billion.
In the second place, Stryker landed sales of $4.9 billion last year. By 2018, Stryker is forecasted to have total sales of $6.4 billion.
Other players (ordered high-to-low by 2012 sales) include Zimmer, Biomet Medtronic, Smith & Nephew, Arthrex, NuVasive, Globus Medical and Wright Medical Group.
- Johnson & Johnson
- Smith & Nephew
- Globus Medical
- Wright Medical Group
Europe Orthopedic Devices Market
Orthopedic Devices Market size was over USD 39 billion in 2016 and is forecast to witness more than 3% CAGR from 2017 to 2024.
Fig: Europe Orthopedic Devices Market Size, By Product, 2013-2024 (USD Million)
The growing geriatric population base is highly susceptible to developing bone related diseases such as osteoporosis and osteoarthritis. As per WHO, the global population over 60 years is expected to reach 2 billion by 2050. Increasing base of the elderly population will create significant demand for various orthopedic implants and devices.
Increasing prevalence of diabetes and obesity, lack of physical activity, poor dietary intake and rising trend of smoking and alcohol consumption will fuel orthopedic devices market demand over the forecast years. New innovations in the field of osteology should boost the development of cost-effective devices. Technological advances in 3D printing, robot-assisted surgical procedures, and smart implants will represent high impact driving factors for the global industry revenue.
Geographic Segmentation of Orthopedic Device Market
According to Transparency Market Research, a market intelligence firm, the global orthopedics market is forecasted to reach $41.2 billion by 2019. The United States constitutes around 56% of the global orthopedics market.
Fig: Geographic Segmentation of Orthopedic Device Market
Joint replacements and spinal implants are the two major types of orthopedic devices. Joint replacement devices can be further categorized on the basis of anatomical location into the knee, hip, shoulder, spine, extremities, and trauma. Knee orthopedic devices dominate the US orthopedics device market followed by hip orthopedic devices due to increasing demand in hip replacement surgeries, fractures, and an aging population.
Universities Associated with Orthopedics in Ontario:
Universities Associated with Orthopedics in Canada:
Universities Associated with Orthopedics in the USA:
Fig: Orthopedic Universities world wise
Orthopedics Associations/Societies in Ontario:
Orthopedics Associations/Societies in Canada:
Orthopedics Association/Societies in the USA:
Orthopedics Association/Societies in World:
Fig: Orthopedic Association/Societies world wise
Jurisdictional Variations of Hip Replacement:
During the year of 2013-2014 total hip replacement done in Canada was approx. 49, 503. Among them, the majority (40.1%) involved patients from Ontario.
Fig: Number of hip replacements, by jurisdiction of treatment, 2009–2010 to 2013–2014
Canadian Joint Replacement Registry coverage:
In Canada hip and knee, prosthesis data continues to increase. CJRR coverage increased slightly from 71% in 2015–2016 to 72% in 2016–2017. CJRR submission is mandatory in Ontario, Manitoba and British Columbia and voluntary in other provinces.
Fig: CJRR coverage, 2016–2017
About Orthopedics Conference
With the immense success of previous Orthopedics & Rheumatology Conference, Conference Series Ltd welcoming all the Scientific Associations, Researchers, Academicians, and Pharmaceutical Market Leaders around the globe to attend 10th Orthopedics & Rheumatology Annual Meeting & Expo during August 30-31, 2018 at Toronto, Canada with the theme of “Orthopedics & Rheumatology: Expanding the Possibilities”.
Conference Series Ltd is an open resource platform that conducts 3000+ global events including International Conferences, Workshops, Symposia, Trade Shows, Exhibitions and Science Congresses in all the major scientific disciplines, including Clinical, Medical, Pharmaceutical, Engineering, Technology, Business Management and Life Sciences across America, Europe, The Middle East, and Asia Pacific. It is reaching over 25 million researchers, scholars, students, professionals and corporate entities all over the globe.
The purpose of the conference is to elucidate the disease from a number of scientific aspects, present an opportunity to meet and network with renowned Orthopedics Surgeons, Scholars, pharmacists, and the allied health professional from around the world and listen to top speakers on new development that will advance the future of Orthopedics & Rheumatology.
Orthopedics 2018 will comprise various leading keynote speakers and session speakers who will be delivering their speech on the current research topics of Sports: Complementary Approaches, Orthopedic Rehabilitation and more other problems related to Orthopedics & Rheumatology. The young researchers and the student participants will gain the opportunity to grab the Best Poster Award by presenting their work as a poster presentation and Young Researcher Forum in this stress-free meeting.
Who Should Attend?
- Physician Assistants
- Naturopathic Doctors
- Research Scholar
Why Should Attend?
Orthopedics & Rheumatology conferences provide a global platform for exchanging ideas and make us updated about the latest innovations in orthopedics and rheumatology. Opportunity to attend the presentations delivered by Eminent Scientists from all over the world.
- All the accepted speaker abstracts will be published in the respective supporting journals and receive DOI provided by CrossRef.
- Global networking: In transferring and exchanging Ideas.
- Networking with experts in your field.
- Expert Forums.
- Career Development Sessions.
- Best Poster Awards.
- Preconference and Conference Workshops.
- Symposiums on Latest Research.
We invite all the participants to join in Toronto, Canada to promote Orthopedics 2018!!!