MENA and GCC orthopaedic implants (including dental implants) market, By Products (reconstructive joint replacements, spinal implants, trauma & craniomaxillofacial implants, dental implants, orthobiologics), By Devices Type (internal fixation devices and external fixation devices), By Biomaterial (metallic biomaterials, polymeric biomaterials, ceramic biomaterials, natural biomaterials and others), By Procedures (open surgery and minimally invasive surgery (MIS)), By End User (hospitals, ambulatory care center, specialized clinics, orthopedic centers and others), By Ownership (government and private) – Industry Trends and Forecast to 2030.
MENA and GCC Orthopedic implants (including dental implants) Market Analysis and Size
The market for orthopaedic and dental implants is expected to increase rapidly during the forecast period. The solutions offered by major market players in the worldwide orthopaedic implants market offer support to injured tissues and bones, enabling the patient's body to function more smoothly. These orthopaedic implant solutions are in much higher demand because they have various advantages, including reduced discomfort, low cost by growing technological advancements and quick recovery.
Data Bridge Market Research analyses that the orthopaedic implants (including dental implants) market which was USD 689.67 million in 2022, would rocket up to USD 973.31 million by 2030, and is expected to undergo a CAGR of 4.4% during the forecast period. This indicates that the market value. “Dental Implants” dominates the products segment of the orthopaedic implants (including dental implants) market owing to the growing demand for better implants and surgical accessories. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
MENA and GCC Orthopedic implants (including dental implants) Market Scope and Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Products (reconstructive joint replacements, spinal implants, trauma & craniomaxillofacial, dental implants, orthobiologics), Devices Type (internal fixation devices and external fixation devices), Biomaterial (metallic biomaterials, polymeric biomaterials, ceramic biomaterials, natural biomaterials and others), Procedures (open surgery and minimally invasive surgery (MIS)), End User (hospitals, ambulatory care center, specialized clinics, orthopedic centers and others), Ownership (government and private)
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Countries Covered
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Saudi Arabia, Kuwait, U.A.E., Qatar, Bahrain, and Oman
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Market Players Covered
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3M (U.S), B. Braun Melsungen AG (Germany), Integra LifeSciences (U.S), Depuy Synthes (A subsidiary of JnJ) Inc. (U.S), Zimmer Biomet (U.S), Smith & Nephew plc (U.K), Medtronic (Ireland), Stryker (U.S), Changzhou Waston Medical Appliance Co., Ltd. (U.S), Narang Medical Limited (India), W. L. Gore & Associates, Inc. (U.S), Arthrex, Inc. (U.S) , GE HEALTHCARE (U.S), DJO, LLC (A subsidiary of Colfax Corporation) (China), curex (U.S), Samay Surgical (India), Dongguan Traumed Technology Co., Ltd. (China), Abou Hamela Group (Egypt)
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Market Opportunities
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Market Definition
Orthopaedic implants and dental implants are medical device designed to replace or support a missing joint or bone. The medical implant is typically made of stainless steel and titanium alloys. These are most commonly used to treat spinal injuries, dental surgeries and lumbar spinal stenosis in minimally invasive operations. The surgeries would require very less operative procedures, mainly used to treat spinal injuries and other related diseases such as lumbar spinal stenosis. Orthopaedic implants and dental implants have a wide range of functions in medical surgeries.
MENA and GCC Orthopedic implants (including dental implants) Market Dynamics
Drivers
- Increasing Demand for Orthopedic Implants in Geriatric Population
In 2021, as per World Health Organization the aging population base will likely to increase from 1 billion to 1.4 billion worldwide by 2030. In addition, 1 in 6 people is expected to reach 60 years during the forecast period. Additionally, the patients in their middle years increasingly prefer orthopedic implants because of lifestyle-related concerns such as inadequate exercise and early burnout. Furthermore, as age continues, the risk of getting bone disorders, fractures, and bone porosity also increases. Thus, this factor may boosts the market growth.
- Increasing Demand for Minimally Invasive Surgeries
The demand for minimally invasive procedures is increasing as these procedures result in lesser traumas and faster recovery than invasive ones. As the recovery time is less, patients' hospital stay is also shorter, leading to lower costs associated with surgery and hospital stay. The general population thus prefers this type of surgery. Thus, this factor boosts market growth.
- Rise in sports related injuries
The rising use of orthopedic implants (including dental implants) is thought to be prominent in the outpatient and inpatient healthcare fields. Also, since the number of sports-related injuries is increasing the government in various nations are investing more in total medical costs, which is another important factor fueling the growth of the worldwide orthopedic implants and dental implants market.
Opportunities
- Increase in the number of traumatic events
The market's growth is fueled by rising cases of traumatic events and road accidents. This will provide beneficial opportunities for the orthopedic implants and dental implants market growth.
- Innovative Strategic Developments and Launches
The major market players are adopting new product launches, collaborations, and partnerships to maintain a competitive edge. For instance, Mathys AG Bettlach, a Swiss company that develops innovative products for sports medicine, synthetic bone graft solutions, and artificial joint replacement, was acquired by DJO in 2021. This acquisition improves the company's capacity to manufacture and deliver next-generation orthopedic solutions. Thus, this factor may boosts the market growth.
Restraints/Challenges
- High Cost of Orthopedic and dental implants
The high costs of implants will impede the orthopedic and dental implants market growth rate. The implants process involves placement of suitable orthopedic and dental implants determining the possibility of bone regeneration, and hence the cost is also high. Numerous customers hesitate to pick orthopedic and dental implant operations because of their increasing cost. Therefore, this factor may hampers the market growth.
The orthopedic implants (including dental implants) market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the orthopedic implants (including dental implants) market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Recent Development
- In December 2021, DePuy Synthes has acquired OrthoSpin, Ltd which is an Israeli company. OrthoSpin developed and manufactures a first-of-its kind technology – an automated strut system – which is used in conjunction with DePuy Synthes MAXFRAME Multi-Axial Correction System, an external ring fixation system. This has helped company to advance its innovation center.
- In December 2020, Zimmer Biomet announced that it has acquired the A&E Medical with its complete sternal closure devices portfolio. This acquisition done by the company has increased its orthopedic implants portfolio leading to increased sales and demand for its product in the market which will further increase its revenue in future.
- In January 2021, Smith & Nephew plc. announced that it has acquired the extremity orthopedics business of the Integra LifeSciences Holdings Corporation, this strategic initiative taken by the company has increased its product portfolio.
MENA and GCC Orthopedic implants (including dental implants) Market Scope
The orthopedic implants (including dental implants) market is segmented on the basis of Products, Devices Type, Biomaterial, Procedures, End User and Ownership. The growth amongst these segments will help you analyse meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Products
- Reconstructive joint replacements
- Spinal implants
- Trauma & Craniomaxillofacial
- Dental Implants
- Orthobiologics
Devices Type
- Internal Fixation Devices
- External Fixation Devices
Biomaterial
- Metallic Biomaterials
- Polymeric Biomaterials
- Ceramic Biomaterials
- Natural Biomaterials
- Others
Procedures
- Open Surgery
- Minimally Invasive Surgery (MIS)
End User
- Hospitals
- Ambulatory Care Center
- Specialized Clinics
- Orthopedic Centers
- Others
Ownership
- Government
- Private
Orthopaedic Implants (including Dental Implants) Market Regional Analysis/Insights
The Orthopaedic implants (including dental implants) market is analysed and market size insights and trends are provided by country, products, devices type, biomaterial, procedures, end user and ownership as referenced above.
The countries covered in the orthopaedic implants (including dental implants) market report are Saudi Arabia, Kuwait, the United Arab Emirates, Qatar, Bahrain, and Oman.
Saudi Arabia dominates the orthopaedic implants (including dental implants) market because of the improving healthcare facilities, strong presence of major players in the market, the extraordinary healthcare infrastructure and large pool of people suffering from injuries and needing surgeries.
U.A.E. is expected to witness significant growth during the forecast period of 2023 to 2030 due to the increase in the government initiatives to promote healthcare, the rising implants and surgery awareness among the people and the growing demand for advanced medical technology, large population pool, and the increasing demand for quality healthcare in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The orthopaedic implants (including dental implants) market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for orthopaedic implants (including dental implants) market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the surgical microscopes market.
Competitive Landscape and Surgical Microscopes Market Share Analysis
The orthopaedic implants (including dental implants) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to orthopaedic implants (including dental implants) market.
Some of the major players operating in the orthopaedic implants (including dental implants) market are:
- Depuy Synthes (A subsidiary of JnJ) Inc. (U.S)
- Zimmer Biomet (U.S)
- Smith & Nephew plc (U.K)
- Medtronic (Ireland)
- Stryker (U.S)
- B. Braun Melsungen AG (Germany)
- Changzhou Waston Medical Appliance Co., Ltd. (China)
- Integra LifeSciences (U.S)
- Narang Medical Limited (India)
- W. L. Gore & Associates, Inc. (U.S)
- 3M (U.S)
- Arthrex, Inc. (U.S)
- GE HEALTHCARE (U.S)
- DJO, LLC (A subsidiary of Colfax Corporation) (China)
- curex (U.S)
- Samay Surgical (India)
- Dongguan Traumed Technology Co., Ltd. (China)
- Abou Hamela Group (Egypt)
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