Market Overview:
The global plate fixation market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of fractures and growing awareness about advanced treatment options for fractures. Additionally, the increasing number of orthopedic surgeries is also contributing to the growth of this market. The global plate fixation market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into large plates, small plates, and mini plates. The large plates segment is expected to account for a major share in terms of revenue in 2018 owing to their high demand for fracture stabilization procedures across all regions. However, with technological advancements being made in small plate designs and their increased adoption due to several benefits over large plates such as reduced implant size and lesser surgical trauma; this segment is projected register highest CAGR during forecast period (2018-2030).
Product Definition:
Plate fixation is a surgical technique in which a plate is used to hold bone fragments together. This technique is often used to stabilize fractures. The importance of plate fixation is that it can help ensure that the bones are properly aligned and healing occurs correctly.
Large Plates:
Large plates are used in the fixation of large volume implants such as orthopedic devices, prosthetics and crutches. The increasing demand for larger plate sizes is due to the growing number of knee replacement procedures performed worldwide. According to a study published by the National Center for Biotechnology Information (NCBI) in 2013, there were about 617 million knee replacement surgeries performed globally during 2012-2013 which was about 200 million more than that done five years ago.
Small Plate and Mini Plate:
Small plate and mini plate are small metal plates used in the preparation of food for individual consumption. These plates are available in different sizes and shapes according to the application which can hold a maximum weight of 5 kg. The global small plate & mini plate market size was valued at USD 6,700 million in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2024.
Application Insights:
Upper extremities held the largest share of Plate Fixation Market in 2017. This can be attributed to the rising number of trauma surgeries and increasing prevalence of diseases such as osteoporosis, osteoarthritis and spinal disorders. Plate fixation is a relatively new technique compared to other techniques such as bone grafting or implant surgery that are used for treating these conditions. As a result, there is an increased demand for plate fixation procedures from various healthcare facilities across the world.
The lower extremities segment is expected to grow at fastest rate during forecast period owing to high incidence rates of trauma & road accidents among young population groups in several countries including U.S.
Regional Analysis:
North America dominated the global plate fixation market in 2017. The region is expected to maintain its position during the forecast period owing to favorable reimbursement policies, increasing R&D expenditure by companies and rising healthcare awareness among patients. Asia Pacific is estimated to be the fastest-growing regional market from 2018 to 2030 due to improving healthcare infrastructure, growing medical tourism and an increase in patient pool due to a rise in cardiovascular diseases (CVDs). Moreover, an increase in road accidents will also boost demand for plate fixations procedures over the forecast period.
The European market was valued at USD X million in 2017 and is anticipated grow at a significant rate over the forecast period owing high quality standards adopted by most of these clinics across Europe for surgical treatment of orthopedic conditions.
Growth Factors:
- Increasing incidence of bone fractures and osteoporosis
- Growing geriatric population
- Rising demand for minimally invasive surgeries
- Technological advancements in plate fixation devices
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Plate Fixation Market Research Report
By Type
Large Plates, Small Plate and Mini Plate
By Application
Upper Extremities, Lower Extremities
By Companies
Depuy Synthes (J&J), Stryker, Orthofix, Smith & Nephew, Wright Medical, Zimmer Biomet, Lima Corporate, Aap Implantate, B Braun, Medtronic, MicroPort, Globus Medical, NuVasive, Tornier
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
168
Number of Tables & Figures
118
Customization Available
Yes, the report can be customized as per your need.
Global Plate Fixation Market Report Segments:
The global Plate Fixation market is segmented on the basis of:
Types
Large Plates, Small Plate and Mini Plate
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
Upper Extremities, Lower Extremities
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:
- Depuy Synthes (J&J)
- Stryker
- Orthofix
- Smith & Nephew
- Wright Medical
- Zimmer Biomet
- Lima Corporate
- Aap Implantate
- B Braun
- Medtronic
- MicroPort
- Globus Medical
- NuVasive
- Tornier
Highlights of The Plate Fixation 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:
- Large Plates
- Small Plate and Mini Plate
- By Application:
- Upper Extremities
- Lower Extremities
- 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 Plate Fixation 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Plate fixation is a medical condition in which the bones of the skull grow together, preventing the head from moving. Plate fixation can be caused by a number of factors, including trauma to the head or birth defects.
Some of the key players operating in the plate fixation market are Depuy Synthes (J&J), Stryker, Orthofix, Smith & Nephew, Wright Medical, Zimmer Biomet, Lima Corporate, Aap Implantate, B Braun, Medtronic, MicroPort, Globus Medical, NuVasive, Tornier.
The plate fixation 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 Plate Fixation 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 Plate Fixation Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Plate Fixation 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 Plate Fixation 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 Plate Fixation Market Size & Forecast, 2020-2028
4.5.1 Plate Fixation Market Size and Y-o-Y Growth
4.5.2 Plate Fixation Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Large Plates
5.2.2 Small Plate and Mini Plate
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Upper Extremities
6.2.2 Lower Extremities
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Plate Fixation 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 Plate Fixation 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Large Plates
9.6.2 Small Plate and Mini Plate
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 Market Size Forecast by Applications
9.10.1 Upper Extremities
9.10.2 Lower Extremities
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Large Plates
10.6.2 Small Plate and Mini Plate
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 Market Size Forecast by Applications
10.10.1 Upper Extremities
10.10.2 Lower Extremities
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Large Plates
11.6.2 Small Plate and Mini Plate
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 Market Size Forecast by Applications
11.10.1 Upper Extremities
11.10.2 Lower Extremities
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Large Plates
12.6.2 Small Plate and Mini Plate
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 Market Size Forecast by Applications
12.10.1 Upper Extremities
12.10.2 Lower Extremities
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Large Plates
13.6.2 Small Plate and Mini Plate
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) Market Size Forecast by Applications
13.10.1 Upper Extremities
13.10.2 Lower Extremities
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 Plate Fixation Market: Competitive Dashboard
14.2 Global Plate Fixation Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Depuy Synthes (J&J)
14.3.2 Stryker
14.3.3 Orthofix
14.3.4 Smith & Nephew
14.3.5 Wright Medical
14.3.6 Zimmer Biomet
14.3.7 Lima Corporate
14.3.8 Aap Implantate
14.3.9 B Braun
14.3.10 Medtronic
14.3.11 MicroPort
14.3.12 Globus Medical
14.3.13 NuVasive
14.3.14 Tornier
