About Osteotomy Plates
Surgical care has been a fundamental part of medical care worldwide for longer than a century. Improving access to surgical consideration is fundamental since the medical procedures can effectively treat a wide variety of conditions. Healthcare Technology has been developing remarkably and surgeons performing osteotomy operations desire effective and advanced medical equipment for performing immaculate surgeries. One such piece of equipment is an osteotomy plate designed to help the fixing of impaired bones while attempting an osteotomy surgical procedure. Osteotomy plates help with fixing debilitated bones while attempting an osteotomy surgery. A surgeon inserts plates and screws for holding bones in place until the osteotomy heals. They are available at various angles between the blade and the shaft. These plates are utilized for treating intertrochanteric osteotomy in grown-ups. The application of different angled plates possesses a requirement of great care and careful planning. The plates eliminate the requirement for intraoperative forming and shorten soft tissue aggravation. Osteotomy plates designed according to the Locking Compression Plate System principles. The fixed angle locking holes provide multiple fixed-angle constructs throughout the plate, improving retention of screws in the plate and in the cortical bone.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
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 United States Players will contribute the maximum growth to Global Osteotomy Plates 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.
Arthrex (United States), Trimed(United States), Tornier(United States), DePuy Synthes(United States), FH ORTHOPEDICS(United States), Acumed(United States), Novastep(United States), Aap Implantate AG (Germany), Medical + Optical (United States) and Vendor Prous(United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Osteotomy Plates market by Type (Titanium Osteotomy Plates, Stainless Steel Osteotomy Plates and Others), Application (Elbow, Foot & Ankle, Shoulder, Hand & Wrist, Hip & Pelvis and Others) and Region.
On the basis of geography, the market of Osteotomy Plates 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 Patient Type, the sub-segment i.e. Pediatric will boost the Osteotomy Plates market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Material Types, the sub-segment i.e. Titanium Osteotomy Plates will boost the Osteotomy Plates market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Osteotomies, the sub-segment i.e. Innominate osteotomies will boost the Osteotomy Plates market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End Users, the sub-segment i.e. Hospital will boost the Osteotomy Plates market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Bone Part, the sub-segment i.e. Proximal will boost the Osteotomy Plates market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Leaders and their expansionary development strategies
In November 2020 Olympus Corporation Japan-based company has announced its acquisition with the Terumo Biomaterials Corp. Leading product distributors such as bone substitutes and high tibial osteotomy (HTO) plates and screws. Beyond this, Olympus has also developed the first ultrasound device indicated for arthroscopic surgery, supporting more accurate and safer cutting of bones.
In September 2020 In2Bones United States-based company launched its new product in osteotomy plates named colink® Cfx Calcaneal Fixation System. This system is a collection of versatile plates of low profiles designed to address all types of traumatic fractures and osteotomies of the calcaneus(heel bones).
Market Drivers
- The increasing number of surgical procedure across the globe
- Growing adoption in veterinary hospitals
- The incidence of bone-related diseases is growing rapidly due to a bad diet or an unhealthy lifestyle
Opportunities
- Growing health care infrastructure and rise in the healthcare investment in developing countries is booming the market demand
- High adoption of surgical procedures
Restraints
- The high cost of the osteotomy surgeries procedures
Challenges
- Complication associated with implantation of osteotomy plates
Key Target Audience
New Entrants/Investors, Analysts and Strategic Business Planners, Osteotomy Plates Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
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 the 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 purpose to understand companys positioning regarding 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 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, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.