Market Overview:
The global partial ossicular replacement prostheses (PORP) market is expected to register a CAGR of 7.5% during the forecast period, 2018-2030. The titanium PORP segment is expected to account for the majority share of the global PORP market in 2018. However, the hydroxyapatite PORP segment is projected to register highest CAGR during the forecast period. The hospitals application segment is estimated to account for majority share of global PORP market in 2018 and clinics application segment is projected to grow at highest CAGR during forecast period.
Product Definition:
A Partial Ossicular Replacement Prosthesis (PORP) is a device that is implanted into the ear to replace a portion of the ossicles. The PORP helps to improve hearing in patients who have lost hearing due to disease or injury.
Titanium:
Titanium is a metal, which has excellent corrosion resistance and high strength. It is also very lightweight for its physical properties. These features make it an ideal material for the manufacturing of ossicular prostheses (bone replacement parts). Ossicular Prosthesis consists of titanium alloy or titanium wire which acts as a scaffold around which bone tissue can grow leading to strong & durable connection between the residual ossicle and the host bone.
Hydroxyapatite:
Hydroxyapatite is a mineral that occurs naturally in the human body and can be sourced from bone cement used in dental applications. It is also commercially available as a medical product for the replacement of ossicles in the middle ear. The material has been found to have an excellent bio-compatibility, high mechanical strength, and resistance towards bacterial growth when used under surgical conditions.
Application Insights:
The others segment held the largest market share in 2017. This is due to the high cost of implants and advanced techniques required for their application. The others segment includes dental, optical, and hearing aids among other medical devices that require partial ossicular replacement prosthetics.
Hospitals were estimated to be the fastest-growing segment over the forecast period owing to increasing number of hospitals & surgical centers across developing countries in Asia Pacific such as China and India. In addition, favorable government policies for building healthcare infrastructure are expected to boost industry growth over next few years in these regions.
Regional Analysis:
North America dominated the global partial ossicular replacement prosthetics market in 2016. This can be attributed to increasing prevalence of hearing loss, rising awareness about cochlear implants and advancements in surgical procedures for ossicular reconstruction. According to the National Institute on Deafness and Other Communication Disorders (NIDCD), around 6 million adults are suffering from deafness in the U.S.
Asia Pacific is expected to grow at a lucrative rate during the forecast period owing to increasing government initiatives for improving healthcare facilities along with rising number of road accidents that result in hearing loss or damage to ear bones & cartilages.
Growth Factors:
- Increasing incidence of hearing loss: The major growth driver for the partial ossicular replacement prostheses (PORP) market is the increasing incidence of hearing loss, globally. According to a study by the World Health Organization (WHO), over 360 million people across the globe suffer from some form of hearing impairment and this number is expected to reach nearly 1 billion by 2050. This growing population base is likely to drive demand for PORP devices in the coming years.
- Rising awareness about PORP treatment options: Another key factor driving growth in the global partial ossicular replacement prostheses market is rising awareness about PORP treatment options among patients and healthcare professionals alike. With technological advancements making these devices more accessible and affordable, their uptake is expected to increase in developed as well as developing countries in the coming years.
- Growing geriatric population: A third key growth driver for this market is demographic trends such as aging populations, which are leading to an increase in cases of age-related hearing loss around the world. As people grow older, they are increasingly susceptible to conditions that can lead to impaired hearing, such as presbycusis or noise-induced deafness etc., thereby fuelling demand for PORP devices over traditional treatments like Hearing Aids (HA).
Scope Of The Report
Report Attributes
Report Details
Report Title
Partial Ossicular Replacement Prostheses(PORP) Market Research Report
By Type
Titanium, Hydroxyapatite, Others
By Application
Hospitals, Clinics, Ambulatory Surgical Centers, Others
By Companies
Medtronic, Olympus Corporation, William Demant, Sonova, Sivantos, Heinz KURZ, SPIGGLE&THEIS, Grace Medical
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
120
Number of Tables & Figures
84
Customization Available
Yes, the report can be customized as per your need.
Global Partial Ossicular Replacement Prostheses(PORP) Market Report Segments:
The global Partial Ossicular Replacement Prostheses(PORP) market is segmented on the basis of:
Types
Titanium, Hydroxyapatite, Others
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, 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:
- Medtronic
- Olympus Corporation
- William Demant
- Sonova
- Sivantos
- Heinz KURZ
- SPIGGLE&THEIS
- Grace Medical
Highlights of The Partial Ossicular Replacement Prostheses(PORP) 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
- Hydroxyapatite
- Others
- By Application:
- Hospitals
- Clinics
- Ambulatory Surgical Centers
- 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 Partial Ossicular Replacement Prostheses(PORP) 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?
A Partial Ossicular Replacement Prostheses (PORP) is a type of artificial ear that replaces part or all of the ear drum.
Some of the major companies in the partial ossicular replacement prostheses(porp) market are Medtronic, Olympus Corporation, William Demant, Sonova, Sivantos, Heinz KURZ, SPIGGLE&THEIS, Grace Medical.
The partial ossicular replacement prostheses(porp) market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Partial Ossicular Replacement Prostheses(PORP) 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 Partial Ossicular Replacement Prostheses(PORP) Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Partial Ossicular Replacement Prostheses(PORP) 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 Partial Ossicular Replacement Prostheses(PORP) 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 Partial Ossicular Replacement Prostheses(PORP) Market Size & Forecast, 2018-2028 4.5.1 Partial Ossicular Replacement Prostheses(PORP) Market Size and Y-o-Y Growth 4.5.2 Partial Ossicular Replacement Prostheses(PORP) Market Absolute $ Opportunity
Chapter 5 Global Partial Ossicular Replacement Prostheses(PORP) 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 Partial Ossicular Replacement Prostheses(PORP) Market Size Forecast by Type
5.2.1 Titanium
5.2.2 Hydroxyapatite
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Partial Ossicular Replacement Prostheses(PORP) 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 Partial Ossicular Replacement Prostheses(PORP) Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 Ambulatory Surgical Centers
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Partial Ossicular Replacement Prostheses(PORP) 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 Partial Ossicular Replacement Prostheses(PORP) 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 Partial Ossicular Replacement Prostheses(PORP) Analysis and Forecast
9.1 Introduction
9.2 North America Partial Ossicular Replacement Prostheses(PORP) 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 Partial Ossicular Replacement Prostheses(PORP) Market Size Forecast by Type
9.6.1 Titanium
9.6.2 Hydroxyapatite
9.6.3 Others
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 Partial Ossicular Replacement Prostheses(PORP) Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 Ambulatory Surgical Centers
9.10.4 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 Partial Ossicular Replacement Prostheses(PORP) Analysis and Forecast
10.1 Introduction
10.2 Europe Partial Ossicular Replacement Prostheses(PORP) 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 Partial Ossicular Replacement Prostheses(PORP) Market Size Forecast by Type
10.6.1 Titanium
10.6.2 Hydroxyapatite
10.6.3 Others
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 Partial Ossicular Replacement Prostheses(PORP) Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 Ambulatory Surgical Centers
10.10.4 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 Partial Ossicular Replacement Prostheses(PORP) Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Partial Ossicular Replacement Prostheses(PORP) 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 Partial Ossicular Replacement Prostheses(PORP) Market Size Forecast by Type
11.6.1 Titanium
11.6.2 Hydroxyapatite
11.6.3 Others
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 Partial Ossicular Replacement Prostheses(PORP) Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 Ambulatory Surgical Centers
11.10.4 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 Partial Ossicular Replacement Prostheses(PORP) Analysis and Forecast
12.1 Introduction
12.2 Latin America Partial Ossicular Replacement Prostheses(PORP) 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 Partial Ossicular Replacement Prostheses(PORP) Market Size Forecast by Type
12.6.1 Titanium
12.6.2 Hydroxyapatite
12.6.3 Others
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 Partial Ossicular Replacement Prostheses(PORP) Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 Ambulatory Surgical Centers
12.10.4 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) Partial Ossicular Replacement Prostheses(PORP) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Partial Ossicular Replacement Prostheses(PORP) 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) Partial Ossicular Replacement Prostheses(PORP) Market Size Forecast by Type
13.6.1 Titanium
13.6.2 Hydroxyapatite
13.6.3 Others
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) Partial Ossicular Replacement Prostheses(PORP) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 Ambulatory Surgical Centers
13.10.4 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 Partial Ossicular Replacement Prostheses(PORP) Market: Competitive Dashboard
14.2 Global Partial Ossicular Replacement Prostheses(PORP) Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Medtronic
14.3.2 Olympus Corporation
14.3.3 William Demant
14.3.4 Sonova
14.3.5 Sivantos
14.3.6 Heinz KURZ
14.3.7 SPIGGLE&THEIS
14.3.8 Grace Medical