PUBLISHER: Allied Market Research | PRODUCT CODE: 1097704
PUBLISHER: Allied Market Research | PRODUCT CODE: 1097704
Osteotomy plates are an orthopedic surgery procedure. The aim of osteotomy is to decrease knee pain and delay knee replacement. The procedure is widely used in the treatment of knee arthrosis. This procedure is employed to lengthen or shorten the bone alignments to treat bone disorders, including osteoarthritis, dysplasia, bone diseases, and bone injuries.
An increase in the geriatric population and a rise in various bone-related disorders drive the market growth. In addition, the rise in incidence and prevalence of arthritis among individuals is expected to drive market growth in the future. For instance, according to the Centers for Diseases Control and Prevention (CDC), approximately 54.4 million U.S. adults have one or other form of arthritis. In addition, nearly 78 million adults aged above 28 will be diagnosed with arthritis in the U.S. by 2040. Thus, a rise in the number of bone-related disorders drives market growth. However, the expensive procedural cost of osteotomy surgeries and adverse effects associated with the use of plates hinder the market growth. The development of healthcare infrastructure & healthcare investment and untapped market opportunities in the developing regions are expected to provide numerous opportunities for market growth.
The osteotomy plates market is segmented on the basis of material, application, end-user, and region. Depending on the material, it is divided into metal osteotomy plates (titanium osteotomy plates and stainless steel osteotomy plates) and polymer osteotomy plates. By application, it is classified into hip surgery, knee surgery, and other applications. According to end-user, it is categorized into hospitals, clinics, and, ambulatory surgical centers. Region-wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The major companies profiled in this report include Arthrex INC., Acumed LLC, Johnson & Johnson, Group FH Ortho, B. Braun Melsungen Ag, Zimmer Biomet, Stryker Corporation, Aap Implantate Ag, Wright Medical Group, and Amplitude Surgical.
Key Benefits For Stakeholders
By Material
By BY APPLICATION
By BY END USER
By Region