About Dynamic Compressive Plate
Dynamic compression plates are designed to use in surgical procedures for the treatment of trauma injuries and vehicular accidents. The DCP is made of steel comprises of holes that can be used to create compression of the fracture sides. The plates contains screw, which is screwed eccentrically into the end of the oval screw hole farther from the fracture site. These plates are mainly made out of titanium with a thickness of 2 mm and widths of 6.5, 8 and 9 mm. Further, increasing number of road accidents and traumatic vehicular injuries among people and technological advancements in DCP is driving the market growth.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The Dynamic Compressive Plate market is a promising segment with potential for further growth due to its unique benefits and evolving technologies. Players who adapt to emerging trends, prioritize innovation, and offer surgeon-friendly solutions are well-positioned to succeed in this competitive landscape. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Dynamic Compressive Plate 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.
ARZZT (United States), Beijing Libeier Bio-engineering Institute (China), Biomet (United States), Depuy Synthes (United States), Erbrich Instrumente GmbH (Germany), Aap Implantate AG (Germany), Altimed Ltd. (United Kingdom) and Arthrex (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Globus Medical (United States), INTERCUS GmbH (Germany) and KLS Martin Group (Germany).
Segmentation Overview
AMA Research has segmented the market of Global Dynamic Compressive Plate market by Type (Adult Compressive Plate and Children Compressive Plate), Application (Leg, Skull, Forearm and Arm) and Region.
On the basis of geography, the market of Dynamic Compressive Plate 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 End users, the sub-segment i.e. Hospitals will boost the Dynamic Compressive Plate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Materials, the sub-segment i.e. Titanium will boost the Dynamic Compressive Plate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Plate Design, the sub-segment i.e. Locking will boost the Dynamic Compressive Plate market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Frequency of Vehicular Accidents Leading to Hospitalization and Technological Advancement in Medical sector
Market Growth Drivers:
Increasing Prevalence of Accidents Leading to Fractures and Rising Number of Patients Requiring Surgery
Challenges:
Lack of Skilled Professionals to Carry out Surgeries Encompassing Dynamic Compressive Plate
Restraints:
High Cost of Surgery Requiring Placement of Dynamic Compressive Plate
Opportunities:
High Investment in Healthcare Infrastructure by the Government
Market Leaders and their expansionary development strategies
In May 2023, Materialise, a software and 3D printing solutions provider, collaborated with universities and research institutions to develop biocompatible materials for DCPs, advancing bone healing and integration capabilities.
In November 2023, Stryker launched their "SMART DCP System," integrating their proprietary SmartBone Sensing technology within the plate to monitor bone healing and potential implant loosening, empowering surgeons with proactive insights for optimized patient care.
Key Target Audience
Dynamic Compressive Plate Manufacturers, Traders/Distributors & Suppliers, Healthcare Industry, Marketing Firms, Potential Investors and Government and Regulatory Bodies
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.