About High Tibial Osteotomy
A high tibial osteotomy is a surgery that realigns the knee. For some patients who have knee arthritis, this surgery can delay or prevent the necessity for a partial or total knee replacement by preserving damaged joint tissue. Osteoarthritis can develop when the bones of the knee and leg don't line up properly. This can put extra stress on either the inner (medial) or outer (lateral) side of the knee. Over time, this extra pressure can wear away the graceful articular cartilage that protects the bones, causing pain and stiffness within the knee.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that European Players will contribute the maximum growth to Global High Tibial Osteotomy market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
DePuy Synthes (United States), Arthrex, Inc. (United States), Zimmer Biomet (United States), aap Implantate AG (Germany), Stryker Corporation (United States), B. Braun Melsungen AG (Germany), Smith & Nephew (United Kingdom), Wright Medical Group N.V. (Netherlands), Acumed, LLC (United States) and Amplitude Surgical (France) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global High Tibial Osteotomy market by , Application (Hospitals and Ambulatory Surgical Centers) and Region.
On the basis of geography, the market of High Tibial Osteotomy has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Material, the sub-segment i.e. Metals will boost the High Tibial Osteotomy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technique, the sub-segment i.e. Open Wedge will boost the High Tibial Osteotomy market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancements in Orthopedic Procedure
Market Growth Drivers:
Rising Incidence and Prevalence of Knee Disorders and Growing Geriatric Population
Challenges:
Post-surgery Complications
Restraints:
High Costs Related to Surgery
Opportunities:
Growing Healthcare Expenditure in Emerging Countries
Market Leaders and their expansionary development strategies
In November 2022, Zimmer Biomet Holdings, Inc. received U.S. FDA 510(k) clearance for the Persona OsseoTi Keel Tibia for cementless knee replacement. Persona OsseoTi is the latest addition to the clinically proven Persona Knee System. It features a new porous version of the Persona anatomic tibia with Zimmer Biomet's OsseoTi Porous Metal Technology.
In June 2023, Paragon 28, Inc. launched Gorilla Supramalleolar Osteotomy (SMO) Plating and PRESERVE SMO Allograft System, which was developed to provide surgeons versatility in plate selection and surgical approaches for supra malleolar osteotomies.
Key Target Audience
Orthopedic Procedures Providers, Ambulatory centers, Government and Private Laboratories, Research and Development (R&D) Companies, Market Research and Consulting Service Providers, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.