Market Overview:
The global osteotomy devices market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of bone fractures, rising geriatric population, and technological advancements in osteotomy devices. Based on type, the global osteotomy devices market is segmented into titanium osteotomy plates, stainless steel ostomy plates, and polymer ostomy plates. Titanium osteotomy plates are expected to account for the largest share of the global market in 2018 owing to their high strength-to-weight ratio and corrosion resistance properties. Stainless steel ostomy plates are also expected to witness significant growth during the forecast period due to their low cost and biocompatibility properties.
Product Definition:
Osteotomy Devices are devices that are used to perform osteotomies. Osteotomies are surgical procedures that involve the cutting of bone. Osteotomy Devices can be used to cut bone in a variety of ways, including straight cuts, curved cuts, and z-cuts. Osteotomy Devices can be used to treat a variety of conditions, including fractures, deformities, and joint problems.
Titanium Osteotomy Plates:
Osteotomy is a surgical procedure where the bone is cut to realign or stabilize an area of the skull that has been damaged due to a fracture. The osteotomy plates are titanium devices used in such procedures. It helps in realigning or stabilizing the bones and hence reduces pressure on the brain, thereby preventing further damage.
Stainless Steel Osteotomy Plates:
stainless steel osteotomy plates are used in the treatment of knee and hip Osteoarthritis (OA) by providing stability to damaged joints. The main function of these devices is to provide a stable platform for surgical procedures. They are available in different sizes and shapes according to the requirements, which can be customized as per patient’s body structure.
Application Insights:
The hospital segment dominated the global osteotomy devices market in 2017. The application of osteotomy devices in hospitals is expected to witness a CAGR of XX% from 2018 to 2030 owing to an increase in the number of surgeries and rising geriatric population across the world, which increases the risk of bone fractures. According to WHO, it is estimated that by 2050 there will be approximately 70 million people above 60 years old globally, outnumbering those aged 60 or below for the first time ever recorded demographic data.
Osteoporosis affects more than 50 million Americans according to National Osteoporosis Foundation (NOF). It causes around 6 million fractures every year and 1 out of 3 hip fractures occur due largely as a result of this disease.
Regional Analysis:
North America dominated the global market in 2017. The presence of well-established healthcare facilities, favorable reimbursement policies, and high adoption rate of advanced osteotomy devices are some factors responsible for its large share. In addition, increasing demand for total hip replacement surgeries is also expected to drive growth during the forecast period.
Asia Pacific market is anticipated to grow at a lucrative rate during the forecast period owing to rising geriatric population and improving economic conditions leading towards higher disposable income resulting into increased demand for medical treatment options such as orthopedic surgeries.
Growth Factors:
- Increasing incidence of osteoarthritis: The global prevalence of osteoarthritis is expected to increase from 9.6% in 2010 to 13.8% by 2030, owing to the aging population and rising obesity rates. This will create a large pool of patients who will require treatment, thereby driving demand for osteotomy devices.
- Growing use of minimally invasive procedures: Minimally invasive surgery is gaining popularity due to its many benefits over traditional open surgery, such as shorter hospital stays, reduced pain and blood loss, and faster recovery times. This is likely to boost demand for osteotomy devices in the coming years.
- Technological advancements: Osteotomy device manufacturers are constantly innovating their products in order to make them more user-friendly and efficient. This has led to the development of advanced technologies such as robotic-assisted surgery that are helping surgeons perform complex procedures with greater accuracy and precision than ever before .This is likely to fuel growth in the market for osteotomy devices in the coming years .
Scope Of The Report
Report Attributes
Report Details
Report Title
Osteotomy Devices Market Research Report
By Type
Titanium Osteotomy Plates, Stainless Steel Osteotomy Plates, Polymer Osteotomy Plates
By Application
Hospitals, Clinics, Ambulatory Surgical Centers (ASCs)
By Companies
Arthrex, Acumed, Johnson & Johnson, GROUP FH ORTHO, B. Braun Melsungen AG, Zimmer Biomet, Stryker, Wright Medical Group, OrthoPediatrics Corp., Amplitude Surgical, BioTek Instruments, TriMed, Inc.
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
227
Number of Tables & Figures
159
Customization Available
Yes, the report can be customized as per your need.
Global Osteotomy Devices Market Report Segments:
The global Osteotomy Devices market is segmented on the basis of:
Types
Titanium Osteotomy Plates, Stainless Steel Osteotomy Plates, Polymer Osteotomy 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
Hospitals, Clinics, Ambulatory Surgical Centers (ASCs)
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:
- Arthrex
- Acumed
- Johnson & Johnson
- GROUP FH ORTHO
- B. Braun Melsungen AG
- Zimmer Biomet
- Stryker
- Wright Medical Group
- OrthoPediatrics Corp.
- Amplitude Surgical
- BioTek Instruments
- TriMed, Inc.
Highlights of The Osteotomy Devices 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:
- Titanium Osteotomy Plates
- Stainless Steel Osteotomy Plates
- Polymer Osteotomy Plates
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centers (ASCs)
- 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 Osteotomy Devices 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?
Osteotomy devices are surgical tools that allow doctors to make small cuts in the bone to correct a deformity.
Some of the key players operating in the osteotomy devices market are Arthrex, Acumed, Johnson & Johnson, GROUP FH ORTHO, B. Braun Melsungen AG, Zimmer Biomet, Stryker, Wright Medical Group, OrthoPediatrics Corp., Amplitude Surgical, BioTek Instruments, TriMed, Inc..
The osteotomy devices market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Osteotomy Devices 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 Osteotomy Devices Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Osteotomy Devices 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 Osteotomy Devices 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 Osteotomy Devices Market Size & Forecast, 2018-2028
4.5.1 Osteotomy Devices Market Size and Y-o-Y Growth
4.5.2 Osteotomy Devices Market Absolute $ Opportunity
Chapter 5 Global Osteotomy Devices 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 Osteotomy Devices Market Size Forecast by Type
5.2.1 Titanium Osteotomy Plates
5.2.2 Stainless Steel Osteotomy Plates
5.2.3 Polymer Osteotomy Plates
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Osteotomy Devices 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 Osteotomy Devices Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Ambulatory Surgical Centers (ASCs)
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Osteotomy Devices 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 Osteotomy Devices 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 Osteotomy Devices Analysis and Forecast
9.1 Introduction
9.2 North America Osteotomy Devices 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 Osteotomy Devices Market Size Forecast by Type
9.6.1 Titanium Osteotomy Plates
9.6.2 Stainless Steel Osteotomy Plates
9.6.3 Polymer Osteotomy 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 Osteotomy Devices Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Ambulatory Surgical Centers (ASCs)
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 Osteotomy Devices Analysis and Forecast
10.1 Introduction
10.2 Europe Osteotomy Devices 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 Osteotomy Devices Market Size Forecast by Type
10.6.1 Titanium Osteotomy Plates
10.6.2 Stainless Steel Osteotomy Plates
10.6.3 Polymer Osteotomy 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 Osteotomy Devices Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Ambulatory Surgical Centers (ASCs)
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 Osteotomy Devices Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Osteotomy Devices 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 Osteotomy Devices Market Size Forecast by Type
11.6.1 Titanium Osteotomy Plates
11.6.2 Stainless Steel Osteotomy Plates
11.6.3 Polymer Osteotomy 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 Osteotomy Devices Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Ambulatory Surgical Centers (ASCs)
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 Osteotomy Devices Analysis and Forecast
12.1 Introduction
12.2 Latin America Osteotomy Devices 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 Osteotomy Devices Market Size Forecast by Type
12.6.1 Titanium Osteotomy Plates
12.6.2 Stainless Steel Osteotomy Plates
12.6.3 Polymer Osteotomy 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 Osteotomy Devices Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Ambulatory Surgical Centers (ASCs)
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) Osteotomy Devices Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Osteotomy Devices 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) Osteotomy Devices Market Size Forecast by Type
13.6.1 Titanium Osteotomy Plates
13.6.2 Stainless Steel Osteotomy Plates
13.6.3 Polymer Osteotomy 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) Osteotomy Devices Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Ambulatory Surgical Centers (ASCs)
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 Osteotomy Devices Market: Competitive Dashboard
14.2 Global Osteotomy Devices Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Arthrex
14.3.2 Acumed
14.3.3 Johnson & Johnson
14.3.4 GROUP FH ORTHO
14.3.5 B. Braun Melsungen AG
14.3.6 Zimmer Biomet
14.3.7 Stryker
14.3.8 Wright Medical Group
14.3.9 OrthoPediatrics Corp.
14.3.10 Amplitude Surgical
14.3.11 BioTek Instruments
14.3.12 TriMed, Inc.
