Press release
Pediatric Orthopedic Implants Market: Expected to Hit $2.98 Billion by 2029 with a CAGR of 10.3%
What Is The Projected Market Size Of The Pediatric Orthopedic Implants Market And Its Growth Rate?
- Market size in 2024: $1.84 billion
- Market growth to $2.02 billion in 2025 (9.6% CAGR)
- Expected market size in 2029: $2.98 billion (10.3% CAGR)
The key factors pushing this growth in the market are the advancements in pediatric orthopedic surgery techniques, increasing occurrence of pediatric orthopedic conditions, rise in pediatric sports injuries, and growing prevalence of pediatric musculoskeletal disorders.
What Is Driving The Growth In The Pediatric Orthopedic Implants Market?
The surge in pediatric populations and the corresponding need for specialized orthopedic care are driving the growth in the pediatric orthopedic implants market. The pediatric orthopedic implants deliver key benefits such as reducing pain, swelling, and inflammation and assisting in the use of limbs. According to a 2023 report by the Forum on Child and Family Statistics, the number of children in the US is projected to rise to 78.2 million by 2050 from 72.5 million in 2022. This upward trend in the offspring count is a key driver in the growth of the pediatric orthopedic implants market.
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Who Are the Key Players Driving Pediatric Orthopedic Implants Market Growth?
- Medtronic Plc.
- Stryker Corporation
- B. Braun SE
- DePuy Synthes
- Zimmer Biomet
- Smith & Nephew Plc.
- Arthrex Inc.
- NuVasive Inc.
- DJO Global
- CONMED Corporation
- Globus Medical
- Orthofix Medical Inc.
- Corin Group
- OrthoPediatrics Corporation
- SI-BONE Inc.
- FH Orthopedics
- Baumer S.A.
- Acumed
- Merete Medical GmbH
- JRI Orthopaedics Limited
- GPC Medical Ltd.
- Samay Surgical
- Auxein Inc.
- Wishbone Medical Inc.
- Waldemar Link GmbH & Co. KG
- Implantcast GmbH
- Bioretec Ltd.
- Suhradam Ortho
- Vast Ortho.
What Are The Key Trends In The Pediatric Orthopedic Implants Market?
- Collaborations for research and development
- Technological innovations in implant design and materials
- Advances in imaging technologies
- Personalized and customized implants
- Telehealth in pediatric orthopedic care.
What Are The Segments Of The Global Pediatric Orthopedic Implants Market?
- 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.
Which Region Leads The Pediatric Orthopedic Implants Market?
North America led the pediatric orthopedic implants market in 2024. Other regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The Pediatric Orthopedic Implants Market Global Market Report?
- Market Size Analysis: Analyze the Pediatric Orthopedic Implants Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Pediatric Orthopedic Implants Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Pediatric Orthopedic Implants Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Pediatric Orthopedic Implants Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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