Sweden Orthopedic Implants Market Size & Outlook
Sweden orthopedic implants market, 2018-2030 (US$M)
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Sweden orthopedic implants market highlights
- The Sweden orthopedic implants market generated a revenue of USD 158.7 million in 2023 and is expected to reach USD 194.0 million by 2030.
- The Sweden market is expected to grow at a CAGR of 2.9% from 2024 to 2030.
- In terms of segment, lower extremity implants was the largest revenue generating product in 2023.
- Dental is the most lucrative product segment registering the fastest growth during the forecast period.
Orthopedic implants market data book summary
| Market revenue in 2023 | USD 158.7 million |
| Market revenue in 2030 | USD 194.0 million |
| Growth rate | 2.9% (CAGR from 2023 to 2030) |
| Largest segment | Lower extremity implants |
| Fastest growing segment | Dental |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Lower Extremity Implants, Spinal Implants, Dental, Upper Extremity Implants |
| Key market players worldwide | Medtronic PLC, Johnson & Johnson, Stryker Corp, Zimmer Biomet Holdings Inc, Smith & Nephew PLC, NuVasive, Globus Medical Inc Class A, Arthrex, Enovis Corp, MicroPort Scientific Corp, ConforMIS, Exactech, Invibio, B. Braun, Acumed, Alphatec Holdings Inc, Integra Lifesciences Holdings Corp, Corin Group, Medacta Group SA Ordinary Shares, OrthoPediatrics Corp, Orthofix Medical Inc, FH Orthopedics, Enovis |
Other key industry trends
- In terms of revenue, Sweden accounted for 0.6% of the global orthopedic implants market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany orthopedic implants market is projected to lead the regional market in terms of revenue in 2030.
- Italy is the fastest growing regional market in Europe and is projected to reach USD 974.5 million by 2030.
Lower extremity implants was the largest segment with a revenue share of 53.81% in 2023. Horizon Databook has segmented the Sweden orthopedic implants market based on lower extremity implants, spinal implants, dental, upper extremity implants covering the revenue growth of each sub-segment from 2018 to 2030.
The orthopedic implants market in Sweden has experienced steady growth due to the rising prevalence of osteoporosis and other orthopedic conditions. This increase in orthopedic conditions has led to a higher demand for orthopedic treatments.
A study published in BioMed Central Ltd revealed that an estimated incidence of ankle fractures in Sweden was approximately 152 per 100,000 persons per year in 2021. This highlights the growing problem and the need for effective treatment options.
The Swedish government has shown its commitment to addressing this issue through various initiatives and the establishment of the Swedish Fracture Register, which provides 100% national coverage. These government initiatives demonstrate strong support for managing and treating orthopedic conditions, thereby fostering regional growth.
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Orthopedic Implants Market Scope
Orthopedic Implants Market Companies
| Name | Profile | # Employees | HQ | Website |
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Sweden orthopedic implants market size, by product, 2018-2030 (US$M)
Sweden Orthopedic Implants Market Outlook Share, 2023 & 2030 (US$M)
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