Market Overview:
The global elbow plating system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising incidence of elbow fractures, increasing awareness about advanced treatment options for elbow fractures, and growing demand for minimally invasive surgery (MIS) procedures. Based on type, the global elbow plating system market is segmented into olecranon plate, lateral column plate, medial column plate, and posterolateral plates. The olecranon plate segment is expected to account for the largest share of the global market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030 due to its high adoption rate across various applications such as distal humerus fractures, olecranon fractures, coronoid fractures, and olecranon osteotomies. Based on application, the global elbow plating system market is divided into distal humerus fractures (DHFs), olecranon fractures (OFs), coronoid fractures (CFs), and others including radial head replacement surgeries and ulnar nerve transposition surgeries). DHFs are estimated to account for the largest share of this market in 2018 owingto their high prevalence worldwide coupled with increasing preference for MIS procedures over open surgery among surgeons.
Product Definition:
Elbow Plating System is a type of electroplating that is used to plate the inside surfaces of elbows and other fittings. It provides a smooth, corrosion-resistant surface that can help prevent leaks.
Olecranon Plate:
Olecranon is a large bone in the front of the elbow that forms the lateral condyle. It also has a small head on it, which is called an olecranon process. The olecranon processes are used to apply force to move the ulna away from its fixed position and towards rotationally fixed articular surface of humerus during elbow flexion and extension movements respectively.
Lateral Column Plate:
The lateral column plate is a device used in the elbow plating system to provide stability and support to the lateral arm. It helps in preventing any unwanted movement of the lateral arm during radiographic imaging or while performing arthroscopic procedures on patients. The main function of this device includes supporting, stabilizing, and protecting the ligaments from being injured by holding down any swelling or inflammation that may occur due to injury or trauma.
Application Insights:
Distal humerus fractures was the dominant segment in terms of revenue and is expected to maintain its dominance over the forecast period. This can be attributed to rising cases of distal humerus fractures due to sports injuries and other causes. Olecranon fracture segment is also projected to witness significant growth during the forecast period owing to increasing number of surgical procedures for olecranon fracture as well as other associated injuries.
The coronoid process osteotomy application segment is anticipated grow at a lucrative rate during the study period owing to high demand for this procedure, especially among active children with sports-related elbow trauma or bone bruises on their coronoid process area. The others application segment includes transarticular (throughout articular surface) osteotomies, which are performed when there's an impingement along with subluxation or dislocation in a joint capsule surrounding a particular joint in question (coronoid process).
Regional Analysis:
North America dominated the global elbow plating system market in 2017. This is due to the presence of well-established healthcare infrastructure, high patient awareness levels coupled with relatively higher healthcare expenditure levels in this region as compared to other regions. In addition, favorable reimbursement policies for medical treatments provided along with a strong emphasis on quality standards by regulatory bodies such as FDA and EMEA are some of the major factors contributing towards regional growth.
Asia Pacific is expected to witness lucrative growth over the forecast period owing to increasing government initiatives for improving public health systems and investments made by various private organizations that aim at reducing treatment costs associated with injuries & fractures and enhancing patient care experience. These aforementioned factors are anticipated to contribute towards regional demand during the forecast period from 2018 till 2030 (estimated CAGR).
Growth Factors:
- Increasing demand for elbow plating system in automotive and aerospace industry due to its properties such as corrosion resistance, high strength and durability.
- Rising demand for elbow plating system from construction and infrastructure sector owing to the increasing spending on infrastructure development projects across the globe.
- Growing popularity of elbow plating system in medical devices industry due to its properties such as biocompatibility and non-toxicity which makes it suitable for use in medical implants and prosthetic devices.
- Increasing adoption of elbow plating system by electrical equipment manufacturers due to its superior electrical conductivity property compared to other metal alloys used in manufacturing electrical equipment parts.
Scope Of The Report
Report Attributes
Report Details
Report Title
Elbow Plating System Market Research Report
By Type
Olecranon Plate, Lateral Column Plate, Medial Column Plate, Posterolateral Plates
By Application
Distal Humerus Fractures, Olecranon Fractures, Coronoid Fractures, Olecranon Osteotomies, Others
By Companies
Acumed, Wright Medical Group, Stryker, DePuy Synthes, German Healthcare Export Group e.V., Miraclus, Acumed
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
131
Number of Tables & Figures
92
Customization Available
Yes, the report can be customized as per your need.
Global Elbow Plating System Market Report Segments:
The global Elbow Plating System market is segmented on the basis of:
Types
Olecranon Plate, Lateral Column Plate, Medial Column Plate, Posterolateral Plates
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Distal Humerus Fractures, Olecranon Fractures, Coronoid Fractures, Olecranon Osteotomies, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Acumed
- Wright Medical Group
- Stryker
- DePuy Synthes
- German Healthcare Export Group e.V.
- Miraclus
- Acumed
Highlights of The Elbow Plating System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Olecranon Plate
- Lateral Column Plate
- Medial Column Plate
- Posterolateral Plates
- By Application:
- Distal Humerus Fractures
- Olecranon Fractures
- Coronoid Fractures
- Olecranon Osteotomies
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Elbow Plating System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Elbow plating system is a type of armor that is used to protect the elbow from being hit by projectiles. It consists of a metal plate that is attached to the arm using straps or screws. The plate can be made from different materials, including steel, aluminum, or titanium.
Some of the major players in the elbow plating system market are Acumed, Wright Medical Group, Stryker, DePuy Synthes, German Healthcare Export Group e.V., Miraclus, Acumed.
The elbow plating system market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Elbow Plating System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Elbow Plating System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Elbow Plating System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Elbow Plating System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Elbow Plating System Market Size & Forecast, 2018-2028
4.5.1 Elbow Plating System Market Size and Y-o-Y Growth
4.5.2 Elbow Plating System Market Absolute $ Opportunity
Chapter 5 Global Elbow Plating System Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Elbow Plating System Market Size Forecast by Type
5.2.1 Olecranon Plate
5.2.2 Lateral Column Plate
5.2.3 Medial Column Plate
5.2.4 Posterolateral Plates
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Elbow Plating System Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Elbow Plating System Market Size Forecast by Applications
6.2.1 Distal Humerus Fractures
6.2.2 Olecranon Fractures
6.2.3 Coronoid Fractures
6.2.4 Olecranon Osteotomies
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Elbow Plating System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Elbow Plating System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Elbow Plating System Analysis and Forecast
9.1 Introduction
9.2 North America Elbow Plating System Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Elbow Plating System Market Size Forecast by Type
9.6.1 Olecranon Plate
9.6.2 Lateral Column Plate
9.6.3 Medial Column Plate
9.6.4 Posterolateral Plates
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Elbow Plating System Market Size Forecast by Applications
9.10.1 Distal Humerus Fractures
9.10.2 Olecranon Fractures
9.10.3 Coronoid Fractures
9.10.4 Olecranon Osteotomies
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Elbow Plating System Analysis and Forecast
10.1 Introduction
10.2 Europe Elbow Plating System Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Elbow Plating System Market Size Forecast by Type
10.6.1 Olecranon Plate
10.6.2 Lateral Column Plate
10.6.3 Medial Column Plate
10.6.4 Posterolateral Plates
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Elbow Plating System Market Size Forecast by Applications
10.10.1 Distal Humerus Fractures
10.10.2 Olecranon Fractures
10.10.3 Coronoid Fractures
10.10.4 Olecranon Osteotomies
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Elbow Plating System Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Elbow Plating System Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Elbow Plating System Market Size Forecast by Type
11.6.1 Olecranon Plate
11.6.2 Lateral Column Plate
11.6.3 Medial Column Plate
11.6.4 Posterolateral Plates
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Elbow Plating System Market Size Forecast by Applications
11.10.1 Distal Humerus Fractures
11.10.2 Olecranon Fractures
11.10.3 Coronoid Fractures
11.10.4 Olecranon Osteotomies
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Elbow Plating System Analysis and Forecast
12.1 Introduction
12.2 Latin America Elbow Plating System Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Elbow Plating System Market Size Forecast by Type
12.6.1 Olecranon Plate
12.6.2 Lateral Column Plate
12.6.3 Medial Column Plate
12.6.4 Posterolateral Plates
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Elbow Plating System Market Size Forecast by Applications
12.10.1 Distal Humerus Fractures
12.10.2 Olecranon Fractures
12.10.3 Coronoid Fractures
12.10.4 Olecranon Osteotomies
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Elbow Plating System Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Elbow Plating System Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Elbow Plating System Market Size Forecast by Type
13.6.1 Olecranon Plate
13.6.2 Lateral Column Plate
13.6.3 Medial Column Plate
13.6.4 Posterolateral Plates
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Elbow Plating System Market Size Forecast by Applications
13.10.1 Distal Humerus Fractures
13.10.2 Olecranon Fractures
13.10.3 Coronoid Fractures
13.10.4 Olecranon Osteotomies
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Elbow Plating System Market: Competitive Dashboard
14.2 Global Elbow Plating System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Acumed
14.3.2 Wright Medical Group
14.3.3 Stryker
14.3.4 DePuy Synthes
14.3.5 German Healthcare Export Group e.V.
14.3.6 Miraclus
14.3.7 Acumed
