Orthopedics Diagnostic Devices Market Dynamics and Revenue: Insights into Growth Strategies and Key Players

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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 report also offers estimations and predictions about the market segment and sub-segments exhibiting promising growth in the forecast timeline. The report also provides deeper insights into the technological advancements, industrial landscape, and emerging product and technological developments in the Orthopedics Diagnostic Devices market. It offers fruitful insights into the business sphere to help businesses capitalize on the lucrative growth opportunities.
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Competitive Terrain:
The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Orthopedics Diagnostic Devices market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
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
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Emergen Research has segmented the global Orthopedics Diagnostic Devices market on the basis of type, application, end-use, 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)
    1. Quantitative Computed Tomography
    2. High-resolution peripheral quantitative computed tomography (HR-pQCT)
    3. Weight Bearing CT (WBCT)
  • Magnetic Resonance Imaging (MRI)
    1. Weight Bearing MRI
    2. 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

The various regions analyzed in the report include:

• North America (US, Canada)
• Europe (UK, Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, UAE, South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Orthopedics Diagnostic Devices Market size and share for the projected period of 2022-2030
• Extensive analysis of the key players of the market by SWOT analysis and Porter's Five Forces analysis to impart a clear understanding of the competitive landscape
• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Orthopedics Diagnostic Devices Market
• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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