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Isha Deshpande

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Isha Deshpande
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Orthopedics Diagnostic Devices Market: Prospects for Growth in Developing Economies

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 latest research report, titled ‘Global Orthopedics Diagnostic Devices Market’, can be considered a profound analysis of the global Orthopedics Diagnostic Devices Market that focuses on crucial data and information pertaining to the sales and revenue shares. The market evaluations over the forecast years are based on a comprehensive analysis of the leading market segments, such as product type outlook, application continuum, regional overview, and competitive landscape of the global Orthopedics Diagnostic Devices Market.
Available Sample Report in PDF Version@ https://www.emergenresearch.com/request-sample/1005
Competitive Terrain:
The global Orthopedics Diagnostic Devices industry is highly consolidated owing to the presence of renowned companies operating across several international and local segments of the market. These players dominate the industry in terms of their strong geographical reach and a large number of production facilities. The companies are intensely competitive against one another and excel in their individual technological capabilities, as well as product development, innovation, and product pricing strategies.
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