Press release
High Tibial Osteotomy (HTO) Plates Market Size Notice Exponential CAGR Growth of 2.8% with Share, Trends, Revenue Statistics, Demand and Key Players
High Tibial Osteotomy (HTO) Plates Market
Allied Market Research has published a study report with the title High Tibial Osteotomy (HTO) Plates Market Size was Valued at USD 302.3 million in 2020, and is Projected to Garner USD 398.68 million by 2030, registering a CAGR of 2.8% from 2021 to 2030.
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ, ๐ซ๐๐ฌ๐ญ๐ซ๐๐ข๐ง๐ญ๐ฌ, ๐๐ง๐ ๐จ๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐๐ฌ-
Rise in prevalence of bone-associated disorders, technological advancements inthe high tibial osteotomy plates, surge in number of osteoarthritis treatment procedures, and increase in the number of road accidents have boosted the growth of the global high tibial osteotomy plates market. However, high costs associated with HTO procedure, surgical complications, and increase in preference for alternative treatment methods impede the market growth. On the other hand, rise in healthcare expenditure globally is expected to open new opportunities for the market players in the future.
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๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ ๐๐ ๐๐ข๐ ๐ก ๐๐ข๐๐ข๐๐ฅ ๐๐ฌ๐ญ๐๐จ๐ญ๐จ๐ฆ๐ฒ (๐๐๐) ๐๐ฅ๐๐ญ๐๐ฌ: -
* Amplitude Surgical
* Aap Implantate AG
* Zimmer Biomet Holdings, Inc.
* Arthrex, Inc.
* Intercus Gmbh
* B. Braun Holding GmbH & Co. KG
* Johnson & Johnson (Depuy Synthes)
* Smith & Nephew Plc
* Newclip Technics
* Stryker Corporation (Wright Medical Group N.V.)
๐๐ข๐ ๐ก ๐๐ข๐๐ข๐๐ฅ ๐๐ฌ๐ญ๐๐จ๐ญ๐จ๐ฆ๐ฒ (๐๐๐) ๐๐๐ซ๐ค๐๐ญ ๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ญ๐ข๐จ๐ง:-
By material, the metals segment accounted for more than four-fifths of the global high tibial osteotomy plates market share in 2020, and is anticipated to retain its dominance throughout the forecast period, owing to its high preferability due to its fixation and stability. The polymers segment, however, would showcase the fastest CAGR of 5.4% by 2030, owing to its less complication.
Based on technique, the open wedged technique segment held the lion's share in 2020, contributing to more than half of the global high tibial osteotomy plates market, and is expected to continue its lead during the forecast period, owing to its few dissections, its effectiveness, and simplicity of the procedure. However, the closed wedged technique segment is expected to witness the highest CAGR of 3.6% by 2030. This is due to the inherent stability of the closing wedge with direct bone contact and reliable healing that enables early weight-bearing and shorter recovery time.
By region, North America, garnered the major share in 2020, contributing to nearly half of the global high tibial osteotomy plates market, and is anticipated to dominate the market during the forecast period. This is owing to rise in bone associated disorders, rapid adoption of advanced technologies and presence of key players across North America. However, the Asia-Pacific region is expected to witness the fastest CAGR of 4.6% throughout the forecast period, owing to rapidly growing geriatric population and increase in disposable income. The report also includes an analysis of Europe and LAMEA region segments.
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Our Market Research Solution Provides You Answer to Below Mentioned Question:
Which are the driving factors responsible for the growth of market?
Which are the roadblock factors of this market?
What are the new opportunities, by which market will grow in coming years?
What are the trends of this market?
Which are main factors responsible for new product launch?
How big is the global & regional market in terms of revenue, sales and production?
How far will the market grow in forecast period in terms of revenue, sales and production?
Which region is dominating the global market and what are the market shares of each region in the overall market in 2022?
How will each segment grow over the forecast period and how much revenue will these segments account for in 2028?
Which region has more opportunities?
By Region Outlook
North America
โฆ U.S.
โฆ Canada
โฆ Mexico
Europe
โฆ UK
โฆ Germany
โฆ France
โฆ Italy
โฆ Russia
โฆ Rest of Europe
Asia-Pacific
โฆ China
โฆ Japan
โฆ India
โฆ Australia
โฆ Rest of Asia-Pacific
LAMEA
โฆ Brazil
โฆ UAE
โฆ Turkey
โฆ Saudi Arabia
โฆ Rest of LAMEA
Get Full Report: https://www.alliedmarketresearch.com/press-release/high-tibial-osteotomy-hto-plates-market.html
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