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Pediatric Orthopedic Implants Market 2023-2032: Opportunity Assessment, International Expansion, Global Trends And Major Players | Medtronic Plc., Stryker Corporation, B. Braun SE, DePuy Synthes, Zimmer Biomet
Pediatric Orthopedic Implants Market
The Business Research Company's Pediatric Orthopedic Implants Global Market Report 2023 identifies growth in the number of children population as the major driver for the Pediatric Orthopedic Implants Market's growth in the forecast period. Children refer to young people who have not yet achieved maturity and are still in the early phases of their development. Pediatric orthopedic implants provide various advantages to the patients, such as reducing pain, swelling, and inflammation and assisting in moving their limbs.
The global pediatric orthopedic implants market is expected to grow from $1.54 billion in 2022 to $1.71 billion in 2023 at a compound annual growth rate (CAGR) of 10.9%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The pediatric orthopedic implants market is expected to reach $2.47 billion in 2027 at a CAGR of 9.7%.
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Major competitors in the pediatric orthopedic implants market are Medtronic Plc., Stryker Corporation, B. Braun SE, DePuy Synthes, Zimmer Biomet, Smithy & Nephew Plc., Arthrex Inc., NuVasive Inc., DJO Global, CONMED Corporation, Globus Medical, Orthofix Medical Inc., Wittenstein intens GmbH, Corin Group, OrthoPediatrics Corporation, SI-BONE Inc., FH Orthopedics, Baumer S.A., Acumed, Merete Medical GmbH, JRI Orthopedics Limited, GPC Medical Ltd., Samay Surgical, Auxein Inc., Wishbone Medical Inc., Waldemar Link GmbH & Co. KG, Implantcast GmbH, Bioretec Ltd., Suhradam Ortho, and Vast Ortho.
A key trend in the Pediatric Orthopedic Implants Market includes product innovations. Major pediatric orthopedic implants market companies are developing new products to sustain their position in the market. For instance, in September 2021, Orthofix Medical, a US-based medical company, launched a pediatric implant of the fit bone limb-lengthening system. The fit bone system comes in diameters 9mm, 11mm, and 13mm, meets the demands of patients, and is the only intramedullary limb lengthening treatment approved by the U.S. Food and Drug Administration (FDA) for use in children and adults. Further, this system is now compatible with the software tool OrthoNext digital platform, which features a reverse planning method module enabling a more accurate preoperative assessment.
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The Pediatric Orthopedic Implants Market is segmented -
By Type: Hip Implants, Spine Implants, Knee Implants, Dental Implants, Craniomaxillofacial Implants, Other Types
By Application: Birth Deformities, Limping, Broken Bones, Bone And Joint Infection, Spinal Deformities, Other Applications
By End User: Hospitals, Pediatric Clinics, Other End Users
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Pediatric Orthopedic Implants Market.
The Business Research Company's "Global Pediatric Orthopedic Implants Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Pediatric Orthopedic Implants Market Include:
1. Executive Summary
2. Pediatric Orthopedic Implants Market Characteristics
3. Pediatric Orthopedic Implants Market Trends And Strategies
4. Pediatric Orthopedic Implants Market - Macro Economic Scenario
5. Global Pediatric Orthopedic Implants Historic Market Size and Growth, 2017 - 2022, Value ($ Billion)
……
32. Global Pediatric Orthopedic Implants Market Competitive Benchmarking
33. Global Pediatric Orthopedic Implants Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pediatric Orthopedic Implants Market
35. Pediatric Orthopedic Implants Market Future Outlook and Potential Analysis
36. Appendix
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