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Ortho Pediatric Devices Market by Product and Geography - Forecast and Analysis 2022-2026

  • Published: Mar 2022
  • Pages: 143
  • SKU: IRTNTR45502
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The ortho pediatric devices market share is expected to increase by USD 1.36 billion from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 6.89%.

This ortho pediatric devices market research report extensively covers ortho pediatric devices market segmentation by product (trauma and deformities, smart implants, spine, and sports medicine) and geography (North America, Europe, Asia, and Rest of World (ROW)). The ortho pediatric devices market report also offers information on several market vendors, including Arthrex Inc., Auxein Medical Pvt. Ltd., Consensus Orthopedics Inc., Implanet SA, Johnson and Johnson Inc., Merete GmbH, Mighty Oak Medical, Nuvasive Inc., Orthofix Medical Inc., OrthoPediatrics Corp., Pega Medical Inc., Smith and Nephew plc, Stryker Corp., Treace Medical Concepts Inc., Trendlines Group Ltd., TST Medical Tools San. and Tic. Ltd. Sti. Kurtkoy Sanayi Mah., WishBone Medical Inc., Zimmer Biomet Holdings Inc., and Medtronic Plc among others.

What will the Ortho Pediatric Devices Market Size be During the Forecast Period?

Ortho Pediatric Devices Market Size

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Ortho Pediatric Devices Market: Key Drivers, Trends, and Challenges

The increasing incidence of pediatric orthopedic injuries is notably driving the ortho pediatric devices market growth, although factors such as high costs associated with orthopedic devices and surgeries may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the ortho pediatric devices industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.

Key Ortho Pediatric Devices Market Driver

One of the key factors driving the global ortho pediatric devices industry growth is the increasing incidence of pediatric orthopedic injuries. According to the CDC, annually, an estimated 9.2 million children in the US visit the initial emergency department for an unintentional injury. For children 1-19 years of age, nonfatal injury rates were higher among males than females. The pediatric population is more prone to injuries as they are more active and tend to fall during sports and other extra-curriculum activities. For instance, according to CDC data, every year, approximately 2.8 million children in the US visit an initial emergency department for injuries associated with falling. In addition, according to the National Health Service, in the UK, the cause of scoliosis is not found in eight out of every 10 cases. Thus, the market is expected to witness an increase in the demand for ortho pediatric devices in the coming years.

Key Ortho Pediatric Devices Market Trend

Business strategies is one of the key ortho pediatric devices market trends that is expected to impact the industry positively in the forecast period. In January 2022, WishBone Medical, Inc signed a distribution agreement for its PediGuard smart spinal drilling devices with children's hospitals across the US, which will provide their access to pediatric orthopedic surgeons who perform spine surgery. In August 2021, OrthoPediatrics Corp. announced an exclusive partnership with Mighty Oak Medical for FIREFLY technology in pediatric orthopedics across the US. In May 2020, Conventus Orthopaedics Inc. acquired Flower Orthopedics, a manufacturer of ready-for-surgery, single-use, sterile-packaged implant and instrument kits. The acquisition is expected to help Conventus Orthopaedics Inc. in expanding in the wound care segment for both orthopedic and podiatric surgeons. Such strategies will further boost market growth in the coming years.

Key Ortho Pediatric Devices Market Challenge

One of the key challenges to the global ortho pediatric devices industry growth is the high costs associated with orthopedic devices and surgeries. The average cost of pedicle screw implants ranges between USD 900 and USD 1,000 per screw. Similarly, the average cost of inpatient orthopedic procedures ranges between USD 25,000 and USD 30,000, while that of outpatient surgeries ranges between USD 15,000 and USD 20,000. The consultation fee of orthopedic surgeons ranges between USD 100 to USD 500. In addition, diagnosis usually involves imaging techniques such as CT or X-ray scans. The cost of a CT scan is also based on the type of procedure. The average cost ranges between USD 750 and USD 1,300 per orthopedic procedure. Such factors are expected to limit the growth of the market during the forecast period.

This ortho pediatric devices market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2022-2026.

Parent Market Analysis

Technavio categorizes the global ortho pediatric devices market as a part of the global healthcare equipment market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the ortho pediatric devices market during the forecast period.

Who are the Major Ortho Pediatric Devices Market Vendors?

The report analyzes the market's competitive landscape and offers information on several market vendors, including:

 

  • Arthrex Inc.
  • Auxein Medical Pvt. Ltd.
  • Consensus Orthopedics Inc.
  • Implanet SA
  • Johnson and Johnson Inc.
  • Merete GmbH
  • Mighty Oak Medical
  • Nuvasive Inc.
  • Orthofix Medical Inc.
  • OrthoPediatrics Corp.
  • Pega Medical Inc.
  • Smith and Nephew plc
  • Stryker Corp.
  • Treace Medical Concepts Inc.
  • Trendlines Group Ltd.
  • TST Medical Tools San. and Tic. Ltd. Sti. Kurtkoy Sanayi Mah.
  • WishBone Medical Inc.
  • Zimmer Biomet Holdings Inc.
  • Medtronic Plc

 

This statistical study of the ortho pediatric devices market encompasses successful business strategies deployed by the key vendors. The ortho pediatric devices market is fragmented and the vendors are deploying growth strategies such as the expansion of product portfolios to compete in the market.

Product Insights and News

  • Arthrex Inc. - The company offers ortho pediatric devices that are available with double and triple loaded with SutureTape, complemented by a guided delivery system and 2.6 mm drill or punch to help minimize bone removal, under the brand name of Arthrex. 
  • Arthrex Inc. - Under the unified segment, the company is involved in new product development and medical education in orthopedics. 

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

The ortho pediatric devices market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Ortho Pediatric Devices Market Value Chain Analysis

Our report provides extensive information on the value chain analysis for the ortho pediatric devices market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chain is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.

Which are the Key Regions for Ortho Pediatric Devices Market?

Ortho Pediatric Devices Market Market segmentation by region

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52% of the market's growth will originate from North America during the forecast period. US and Canada are the key markets for ortho pediatric devices in North America. Market growth in this region will be faster than the growth of the market in Europe and ROW.

The rising prevalence of injuries in children, product launches, and initiatives by government and non-profit organizations for creating awareness and providing effective treatment and insurance coverage to pediatric patients will facilitate the ortho pediatric devices market growth in North America over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.

COVID Impact and Recovery Analysis

A rise in the number of COVID-19 cases in Q1 2020 led to complete lockdowns in countries, including the US, Canada, and Mexico. However, the market is expected to grow during the forecast period as countries in the region have initiated vaccination drives, which have already led to a decline in the number of COVID cases. This has led healthcare facilities to resume the treatment of other patients as well, which will lead to an increase in the demand for ortho pediatric devices during the forecast period.

What are the Revenue-generating Product Segments in the Ortho Pediatric Devices Market?

Ortho Pediatric Devices Market Segmentation

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The ortho pediatric devices market share growth by the trauma and deformity segment will be significant during the forecast period. This segment will grow in the coming years, owing to the increasing prevalence of bone deformities among the pediatric population, technological advances, and new product launches specific to the pediatric group. Vendors are focusing on the expansion of their product portfolio and broadening their offerings in different categories of the global ortho pediatric devices market, such as active growing implants for early-onset scoliosis, limb length discrepancies, and other orthopedic trauma and deformity applications. Such technological advances and expansion of product portfolio for other applications are likely to drive the growth of this segment.

This report provides an accurate prediction of the contribution of all the segments to the growth of the ortho pediatric devices market size and actionable market insights on post COVID-19 impact on each segment.

Ortho Pediatric Devices Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.89%

Market growth 2022-2026

$ 1.36 billion

Market structure

Fragmented

YoY growth (%)

6.4

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 52%

Key consumer countries

US, Canada, Germany, UK, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Arthrex Inc., Auxein Medical Pvt. Ltd., Consensus Orthopedics Inc., Implanet SA, Johnson and Johnson Inc., Merete GmbH, Mighty Oak Medical, Nuvasive Inc., Orthofix Medical Inc., OrthoPediatrics Corp., Pega Medical Inc., Smith and Nephew plc, Stryker Corp., Treace Medical Concepts Inc., Trendlines Group Ltd., TST Medical Tools San. and Tic. Ltd. Sti. Kurtkoy Sanayi Mah., WishBone Medical Inc., Zimmer Biomet Holdings Inc., and Medtronic Plc

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

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What are the Key Data Covered in this Ortho Pediatric Devices Market Report?

  • CAGR of the market during the forecast period 2022-2026
  • Detailed information on factors that will drive ortho pediatric devices market growth during the next five years
  • Precise estimation of the ortho pediatric devices market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the ortho pediatric devices industry across North America, Europe, Asia, and Rest of World (ROW)
  • A thorough analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of ortho pediatric devices market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
    • 3.4 Market outlook: Forecast for 2021-2026
      • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
      • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
      • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

    4 Five Forces Analysis

    • 4.1 Five forces summary
      • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
    • 4.2 Bargaining power of buyers
      • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
    • 4.3 Bargaining power of suppliers
      • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
    • 4.4 Threat of new entrants
      • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
    • 4.5 Threat of substitutes
      • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
    • 4.6 Threat of rivalry
      • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
    • 4.7 Market condition
      • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

    5 Market Segmentation by Product

    • 5.1 Market segments
      • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
      • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
    • 5.2 Comparison by Product
      • Exhibit 26: Chart on Comparison by Product
      • Exhibit 27: Data Table on Comparison by Product
    • 5.3 Trauma and deformities - Market size and forecast 2021-2026
      • Exhibit 28: Chart on Trauma and deformities - Market size and forecast 2021-2026 ($ million)
      • Exhibit 29: Data Table on Trauma and deformities - Market size and forecast 2021-2026 ($ million)
      • Exhibit 30: Chart on Trauma and deformities - Year-over-year growth 2021-2026 (%)
      • Exhibit 31: Data Table on Trauma and deformities - Year-over-year growth 2021-2026 (%)
    • 5.4 Smart implants - Market size and forecast 2021-2026
      • Exhibit 32: Chart on Smart implants - Market size and forecast 2021-2026 ($ million)
      • Exhibit 33: Data Table on Smart implants - Market size and forecast 2021-2026 ($ million)
      • Exhibit 34: Chart on Smart implants - Year-over-year growth 2021-2026 (%)
      • Exhibit 35: Data Table on Smart implants - Year-over-year growth 2021-2026 (%)
    • 5.5 Spine - Market size and forecast 2021-2026
      • Exhibit 36: Chart on Spine - Market size and forecast 2021-2026 ($ million)
      • Exhibit 37: Data Table on Spine - Market size and forecast 2021-2026 ($ million)
      • Exhibit 38: Chart on Spine - Year-over-year growth 2021-2026 (%)
      • Exhibit 39: Data Table on Spine - Year-over-year growth 2021-2026 (%)
    • 5.6 Sports medicine - Market size and forecast 2021-2026
      • Exhibit 40: Chart on Sports medicine - Market size and forecast 2021-2026 ($ million)
      • Exhibit 41: Data Table on Sports medicine - Market size and forecast 2021-2026 ($ million)
      • Exhibit 42: Chart on Sports medicine - Year-over-year growth 2021-2026 (%)
      • Exhibit 43: Data Table on Sports medicine - Year-over-year growth 2021-2026 (%)
    • 5.7 Market opportunity by Product
      • Exhibit 44: Market opportunity by Product ($ million)

    6 Customer Landscape

    • 6.1 Customer landscape overview
      • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    7 Geographic Landscape

    • 7.1 Geographic segmentation
      • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
      • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
    • 7.2 Geographic comparison
      • Exhibit 48: Chart on Geographic comparison
      • Exhibit 49: Data Table on Geographic comparison
    • 7.3 North America - Market size and forecast 2021-2026
      • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
      • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
      • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
    • 7.4 Europe - Market size and forecast 2021-2026
      • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
      • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
      • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
    • 7.5 Asia - Market size and forecast 2021-2026
      • Exhibit 58: Chart on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 59: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
      • Exhibit 60: Chart on Asia - Year-over-year growth 2021-2026 (%)
      • Exhibit 61: Data Table on Asia - Year-over-year growth 2021-2026 (%)
    • 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
      • Exhibit 62: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 63: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
      • Exhibit 64: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
      • Exhibit 65: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
    • 7.7 US - Market size and forecast 2021-2026
      • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
      • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
      • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
    • 7.8 Germany - Market size and forecast 2021-2026
      • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
      • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
      • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
    • 7.9 UK - Market size and forecast 2021-2026
      • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
      • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
      • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
    • 7.10 Canada - Market size and forecast 2021-2026
      • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
      • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
      • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
    • 7.11 France - Market size and forecast 2021-2026
      • Exhibit 82: Chart on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 83: Data Table on France - Market size and forecast 2021-2026 ($ million)
      • Exhibit 84: Chart on France - Year-over-year growth 2021-2026 (%)
      • Exhibit 85: Data Table on France - Year-over-year growth 2021-2026 (%)
    • 7.12 Market opportunity by geography
      • Exhibit 86: Market opportunity by geography ($ million)

    8 Drivers, Challenges, and Trends

    • 8.1 Market drivers
      • 8.2 Market challenges
        • 8.3 Impact of drivers and challenges
          • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
        • 8.4 Market trends

          9 Vendor Landscape

          • 9.1 Overview
            • 9.2 Vendor landscape
              • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
            • 9.3 Landscape disruption
              • Exhibit 89: Overview on factors of disruption
            • 9.4 Industry risks
              • Exhibit 90: Impact of key risks on business

            10 Vendor Analysis

            • 10.1 Vendors covered
              • Exhibit 91: Vendors covered
            • 10.2 Market positioning of vendors
              • Exhibit 92: Matrix on vendor position and classification
            • 10.3 Arthrex Inc.
              • Exhibit 93: Arthrex Inc. - Overview
              • Exhibit 94: Arthrex Inc. - Product / Service
              • Exhibit 95: Arthrex Inc. - Key offerings
            • 10.4 Johnson and Johnson Inc.
              • Exhibit 96: Johnson and Johnson Inc. - Overview
              • Exhibit 97: Johnson and Johnson Inc. - Business segments
              • Exhibit 98: Johnson and Johnson Inc. - Key news
              • Exhibit 99: Johnson and Johnson Inc. - Key offerings
              • Exhibit 100: Johnson and Johnson Inc. - Segment focus
            • 10.5 Nuvasive Inc.
              • Exhibit 101: Nuvasive Inc. - Overview
              • Exhibit 102: Nuvasive Inc. - Business segments
              • Exhibit 103: Nuvasive Inc. - Key news
              • Exhibit 104: Nuvasive Inc. - Key offerings
              • Exhibit 105: Nuvasive Inc. - Segment focus
            • 10.6 Orthofix Medical Inc.
              • Exhibit 106: Orthofix Medical Inc. - Overview
              • Exhibit 107: Orthofix Medical Inc. - Business segments
              • Exhibit 108: Orthofix Medical Inc. - Key news
              • Exhibit 109: Orthofix Medical Inc. - Key offerings
              • Exhibit 110: Orthofix Medical Inc. - Segment focus
            • 10.7 OrthoPediatrics Corp.
              • Exhibit 111: OrthoPediatrics Corp. - Overview
              • Exhibit 112: OrthoPediatrics Corp. - Business segments
              • Exhibit 113: OrthoPediatrics Corp. - Key news
              • Exhibit 114: OrthoPediatrics Corp. - Key offerings
              • Exhibit 115: OrthoPediatrics Corp. - Segment focus
            • 10.8 Pega Medical Inc.
              • Exhibit 116: Pega Medical Inc. - Overview
              • Exhibit 117: Pega Medical Inc. - Product / Service
              • Exhibit 118: Pega Medical Inc. - Key offerings
            • 10.9 Smith and Nephew plc
              • Exhibit 119: Smith and Nephew plc - Overview
              • Exhibit 120: Smith and Nephew plc - Business segments
              • Exhibit 121: Smith and Nephew plc - Key news
              • Exhibit 122: Smith and Nephew plc - Key offerings
              • Exhibit 123: Smith and Nephew plc - Segment focus
            • 10.10 Stryker Corp.
              • Exhibit 124: Stryker Corp. - Overview
              • Exhibit 125: Stryker Corp. - Business segments
              • Exhibit 126: Stryker Corp. - Key news
              • Exhibit 127: Stryker Corp. - Key offerings
              • Exhibit 128: Stryker Corp. - Segment focus
            • 10.11 WishBone Medical Inc.
              • Exhibit 129: WishBone Medical Inc. - Overview
              • Exhibit 130: WishBone Medical Inc. - Product / Service
              • Exhibit 131: WishBone Medical Inc. - Key offerings
            • 10.12 Zimmer Biomet Holdings Inc.
              • Exhibit 132: Zimmer Biomet Holdings Inc. - Overview
              • Exhibit 133: Zimmer Biomet Holdings Inc. - Business segments
              • Exhibit 134: Zimmer Biomet Holdings Inc. - Key news
              • Exhibit 135: Zimmer Biomet Holdings Inc. - Key offerings
              • Exhibit 136: Zimmer Biomet Holdings Inc. - Segment focus

            11 Appendix

            • 11.1 Scope of the report
              • 11.2 Inclusions and exclusions checklist
                • Exhibit 137: Inclusions checklist
                • Exhibit 138: Exclusions checklist
              • 11.3 Currency conversion rates for US$
                • Exhibit 139: Currency conversion rates for US$
              • 11.4 Research methodology
                • Exhibit 140: Research methodology
                • Exhibit 141: Validation techniques employed for market sizing
                • Exhibit 142: Information sources
              • 11.5 List of abbreviations
                • Exhibit 143: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
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              Ortho pediatric devices market growth will increase by $1366.55 million during 2022-2026.
              The ortho pediatric devices market is expected to grow at a CAGR of 6.89% during 2022-2026.
              Technavio has segmented the ortho pediatric devices market by product (Trauma and deformities, Smart implants, Spine, and Sports medicine) and geographic (North America, Europe, Asia, Rest of World (ROW), North America, Europe, Asia, and ROW).
              Arthrex Inc., Auxein Medical Pvt. Ltd., Consensus Orthopedics Inc., Implanet SA, Johnson and Johnson Inc., Merete GmbH, Mighty Oak Medical, Nuvasive Inc., Orthofix Medical Inc., OrthoPediatrics Corp., Pega Medical Inc., Smith and Nephew plc, Stryker Corp., Treace Medical Concepts Inc., Trendlines Group Ltd., TST Medical Tools San. and Tic. Ltd. Sti. Kurtkoy Sanayi Mah., WishBone Medical Inc., Zimmer Biomet Holdings Inc., Medtronic Plc are a few of the key vendors in the ortho pediatric devices market.
              North America will register the highest growth rate of 51.72% among the other regions. Therefore, the ortho pediatric devices market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the ortho pediatric devices market growth are:
              • Increasing incidence of pediatric orthopedic injuries
              • Business strategies
              The ortho pediatric devices market vendors should focus on grabbing business opportunities from the trauma and deformities segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
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