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Global osteotomy plates industry overview
The increasing prevalence of bone-related disorders is one of the key factors driving the osteotomy plates market growth. Osteoporosis causes more than millions of fractures annually. The growing number of people with conditions like rheumatoid arthritis, osteoarthritis, and other musculoskeletal diseases will spur the demand for osteotomy surgeries, thus, leading to the growth of the osteotomy plates market.
The growing popularity of NiTiNOL-based osteotomy plates is one of the major emerging osteotomy plates market trends. NiTiNOL is a nickel-titanium alloy with shape-memory properties, which facilitates maintaining a continuous compressive force to fracture surfaces. The use of NiTiNOL staples for osteotomy procedures also ensures a good approximation of bone fragments, dynamic compression of fracture surfaces, and reduces incidences of nonunion. These advantages make NiTiNOL staples a valuable implant material, and several manufacturers are adding it to their portfolio. The osteotomy plates market forecast report predicts that fueled by these factors, the market will grow at a CAGR of almost 5% during the forecast period.
Top osteotomy plates companies covered in this market research report
The osteotomy plates market is moderately fragmented with the market share divided between multiple players. By offering a complete analysis of the market’s competitive landscape and with information on the products offered by the companies, this osteotomy plates industry analysis report is constructed to aid clients to identify and design new growth strategies.
The report offers a complete analysis of various companies including:
- Arthrex
- B. Braun Melsungen
- Johnson & Johnson
- Smith & Nephew
- Stryker
- Wright Medical Group
- Zimmer Biomet
Osteotomy plates market segmentation based on geographic regions
- Americas
- APAC
- EMEA
The Americas will lead the osteotomy plates market share during the forecast period. However, in terms of growth rate, the APAC region will account for the highest osteotomy plates market growth during the same period.
Osteotomy plates market segmentation based on products
- Titanium osteotomy plates
- Stainless steel osteotomy plates
- Polymer osteotomy plates
The titanium osteotomy plates will account for the largest osteotomy plates market share during the forecast period. Titanium osteotomy plates will also account for the highest osteotomy plates market growth. Additionally, the report will also provide an accurate prediction of the contribution of the various product segments to the growth of the osteotomy plates market size.
Key highlights of the global osteotomy plates market for the forecast years 2018-2022:
- CAGR of the market during the forecast period 2018-2022
- Detailed information on factors that will accelerate the growth of the osteotomy plates market during the next five years
- Precise estimation of the global osteotomy plates market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the osteotomy plates industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on the factors that will challenge the growth of the osteotomy plates companies
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