Distraction Osteogenesis Devices Market Overall Study Report 2021-2028 | Johnson & Johnson, Zimmer Biomet Holdings, Inc., Stryker Corporation, KLS Martin Group

During the forecast period, the global distraction osteogenesis devices market is expected to grow due to increasing development and launch of technologies by major players that will assist surgeons in making critical preoperative decisions and allowing for smooth execution of procedures in order to achieve desired patient outcomes. Stryker Corporation, for instance, launched the new 1688 visualization platform in March 2019, which is designed to improve orthopedic surgical performance and patient experience.

Increasing incidence of cleft palate within children is expected to boost the global distraction osteogenesis devices market growth during the forecast period. For instance, nonsyndromic cleft lip with or without cleft palate was estimated to be around 0.36 to 1.54 for every 1000 births in Brazil in 2016, according to reports published in the Brazilian Journal of Oral Sciences.

Due to the growing frequency of cleft palate and other bone defects in the area, North America is expected to dominate the distraction osteogenesis devices market throughout the forecast period. According to the Centers for Disease Control and Prevention, around 1 in every 1,600 infants in the U.S. were born with cleft lip and palate in 2019.

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The distraction osteogenesis devices market in the Asia Pacific is expected to grow significantly during the forecast period, due to high expansion and investment by market players to extend their client base and presence in the area. For instance, KLS Martin Group established KLS Martin India Private Limited, its Indian subsidiary in Chennai in 2016, to expand its footprint in the Asia Pacific. also, the Inga Health Foundation, which operates in the region, operates three facilities to cure skull and face abnormalities for kids across the country, therefore contributing to a reduction in the incidence of craniofacial malformations. According to the INGA Health Foundation survey, in 2016 craniofacial abnormalities show up in one out of every 2,000 newborns, and 15,000 babies are born each year with craniofacial deformities, while cleft palate in India affects 1 out of every 600 newborns.

Key Takeaways of the Distraction Osteogenesis Devices Market:

Due to rising number of bone defects cases and market players' implementation of partnership and acquisition strategies, the global distraction osteogenesis devices market is expected to register at a CAGR of 4.9 % during the forecast period. For instance, Titamed collaborated with the Royal Belgium Society of Stomatology and Maxillofacial Surgery and MKA Wassland in 2017 to organize an event at the European Association for Cranio Maxillo- Facial Surgery Congress in April 2018 to endorse and exhibit its product range to maxillofacial surgeons, resulting in increased market sales.

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In 2018, the external distractors segment held dominant position in the distraction osteogenesis devices market in terms of placement. This is due to increase in R&D activities aimed at the creation of external distractors. According to a study published in Nature Research Journal in January 2019 by the Chinese Academy of Medical Sciences, Plastic Surgery Hospital, and the Department of Cleft Lip and Palate, in collaboration with the Department of Stomatology of Beijing Children's Hospital, China released a study on using Trans-sutural distraction osteogenesis, an external distractor, for curing cleft lip and palate.

The hospitals segment held a dominant position in the distraction osteogenesis devices market among end-users in 2018, due to the growing number of customized pediatric treatments provided by hospitals. In May 2017, for instance, the Seattle Children's Hospital’s surgical orthodontists and surgeons used advanced software and 3-D imaging to create accurate maps of the skull and face, as well as a process to reduce distractor time.

Some of the key players contributing to the global distraction osteogenesis devices market are KLS Martin Group, Titamed, Zimmer Biomet Holdings, OsteoMed, Stryker Corporation, Johnson & Johnson, and Acumed LLC.

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