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Distraction Osteogenesis Devices Market 2019: Zimmer Biomet Holdings, Inc., Stryker Corporation, KLS Martin Group, Osteomed, Acumed LLC

05-08-2019 02:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Coherent Market Insights

Distraction Osteogenesis Devices

Distraction Osteogenesis Devices

The factors impacting growth of the distraction osteogenesis devices market include rising number of pediatric bone defects coupled with development of novel solutions by distraction osteogenesis device manufacturers to treat facial asymmetries, mandibular hypoplasia, and other indications. Moreover, key players are focusing on research and development to introduce innovative products for enhancing patient satisfaction, procedure efficiency, and clinical outcomes, thus rising adoption of these technologically advanced devices and aiding in growth of the global distraction osteogenesis device market.

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For instance, in October 2017, DePuy Synthes launched MAXFRAME Multi-Axial Correction System, an external circular fixation device with a 3D planning software that helps improve accuracy of the deformity correction plan, which may reduce overall treatment time while improving procedural efficiency and reducing costs. The system is indicated for fracture fixation, limb lengthening, bone deformity correction in adults and children.

However, the complications of the devices of forming marginal mandibular nerve and scars at external pin sites, requirement of second surgical procedure for removal of internal distractors, high cost of total treatment, are factors hindering growth of the distraction osteogenesis devices market.

Key players are focusing on research and development to introduce innovative products for enhancing patient satisfaction, procedure efficiency, and clinical outcomes, thus, increasing adoption of these technologically advanced devices leading to growth of the market. For instance, in October 2017, DePuy Synthes introduced MAXFRAME Multi-Axial Correction System, an external circular fixation device with a 3D planning software that helps improve accuracy of the deformity correction plan, which may reduce overall treatment time while improving procedural efficiency and reducing costs.

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The system is indicated for fracture fixation, limb lengthening, bone deformity correction in adults and children. Also, in 2013, DePuy Synthes—a subsidiary of Johnson & Johnson—launched TRUMATCH CMF Solutions for facial reconstruction, orthognathic surgery, distraction, and cranial reconstruction. CMF solution offers integrated approach for virtual surgical planning and fabrication of individualized implants for patients undergoing complex maxillofacial reconstructive procedures, thereby cutting treatment times and lowering costs.

Various initiatives by public organizations to offer effective surgical care for facial deformities globally, is expected to bolster the market growth. For instance, Operation Smile Foundation provides free surgeries for children and young adults in emerging economies such as China, India, Sub-Saharan Africa who are born with cleft lip, cleft palate or other dental and facial conditions. Operation Smiles has a global network of medical professionals providing high surgical care in over 60 countries. Also, the World Craniofacial Foundation links families of patients with medical professionals in every continent to ensure that the children with facial deformities receive high surgical and medical care.

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Major players operating in the global distraction osteogenesis devices market are Johnson & Johnson, Zimmer Biomet Holdings, Inc., Stryker Corporation, KLS Martin Group, Osteomed, Acumed LLC, and Titamed.

About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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