IMARC Group’s latest research report, titled “Osteotomy Plates Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027,” offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The global osteotomy plates market size reached US$ 531.88 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 760.48 Million by 2027, exhibiting a CAGR of 5.80% during 2022-2027.
Osteotomy represents the medical procedure involving the cutting of a bone to shorten or lengthen it. It generally includes hip, knee, jaw, and chin osteotomy to fix a defect that affects the growth of an individual. Osteotomy is used for improving several deformities of bones and joints while delaying the progression of conditions, such as arthritis, and relieving pain. In line with this, it is also utilized for treating bunions caused by the outward displacement of the first toe, which can be rectified by restoring its shape.
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Important Attribute and highlights of the Report:
- Detailed analysis of the global market share
- Market Segmentation by material, application, end user and region.
- Historical, current, and projected size of the market in terms of volume and value
- Latest industry trends and developments
- Competitive Landscape for Osteotomy Plates Market
- Strategies of major players and product offerings
The widespread adoption of surgical procedures for safer diagnosis and treatment of numerous diseases is primarily driving the osteotomy plates market. Additionally, the rising prevalence of sports-related injuries, owing to poor training methods, structural abnormalities, and weakness in tendons, muscles, ligaments, etc., is further catalyzing the market growth. Besides this, the growing utilization of osteotomy plates to realign the knee of a patient is acting as another significant growth-inducing factor.
Moreover, the increasing number of individuals who have musculoskeletal disorders, including fibromyalgia, knee osteoarthritis, Blount’s disease, myositis, etc., and osteoporosis, on account of the deficiency of calcium or vitamin D, is propelling the product demand. Apart from this, the government bodies across various countries are extensively investing in healthcare infrastructures, which in turn, is anticipated to fuel the osteotomy plates market over the forecasted period.
Key Players Included in Global Research Report:
• Aap Implantate AG
• Acumed LLC (Colson Medical LLC)
• Amerisourcebergen Corporation
• Amplitude Surgical
• Arthrex Inc.
• B. Braun Melsungen AG
• Integra LifeSciences
• Johnson & Johnson
• Medartis AG
• OrthoPediatrics Corp.
• Stryker Corporation
• TriMed Inc.
• Zimmer Biomet.
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COVID-19 Impact Overview:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
Breakup by Material:
• Metal Osteotomy Plates
o Titanium Osteotomy Plates
o Stainless Steel Osteotomy Plates
• Polymer Osteotomy Plates
Breakup by Application:
• Knee Surgery
• Hip Surgery
The Breakup by End User:
• Ambulatory Surgical Centers
Breakup by Region:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
TOC for the Osteotomy Plates Market Research Report:
• Scope and Methodology
• Executive Summary
• Global Osteotomy Plates Market
• SWOT Analysis
• Value Chain Analysis
• Price Analysis
• Competitive Landscape
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