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BRUSSELS, BELGIUM, March 22, 2023 (GLOBE NEWSWIRE) —
An orthopedic implant is a manufactured device designed to replace a joint, bone, or cartilage due to damage or deformity such as from breaking a leg, losing a limb, or a congenital defect.
Technological Advancements and Developments in Orthopedic Implants Triggers the Demand of Orthopedic Implants Market
Recent advancements and developments such as surgical navigation to guide surgeons through the implantation, robotics-assisted orthopedic surgery, and AI-powered guidance software to assist surgical procedures are expected to drive the growth of the orthopedic implants market in the coming years.
For instance,
- In July 2022, Oxford Performance Materials, Inc (OPM) announced an agreement with Fuse Medical, Inc (Fuse) to develop new, world-class spinal, extremity, and sports medicine implant product lines utilizing OPM’s patented OsteoFab PEKK technology.
- In April 2022, eCential Robotics entered into an agreement with Amplitude Surgical to bring together their technologies for knee robotic surgeries.
Emerging Growth Opportunities in the Orthopedic Implants Market
- Bio–printed Bones and Joints
- Advancement in 3D printing technology is one of the most promising areas in orthopedic implants. The use of printed bones and joints is likely to become more widespread in the coming years as the technology continues to improve.
- Engineered Stem Cells for Bone Regeneration
- Stem cell-derived exosomes have been shown to promote the regeneration and reconstruction of multiple tissues, including cartilage and skin.
- Smart Sensor-Enabled Technologies and Implants
- This technology has the potential to greatly improve the fit and function of orthopedic devices.
- Robotics-assisted Orthopedic Surgeries
- Robotics offers several advantages over traditional surgery, including greater precision, less invasiveness, and shorter recovery times.
- Bioresorbable Orthopedic…
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