Use of Resorbable Implants and Increasing Access to Pediatric Orthopedic Treatment Drives the Europe Pediatric Orthopedic Implants Market
An increase in awareness regarding technologically advanced products, mainly through digital marketing channels, propels the demand for high-quality medical treatments for orthopedic defects in the pediatric population, subsequently contributing to the adoption of orthopedic implants designed for children. The most used implants are polymer- and ceramic-based ones. Nowadays, biodegradable, i.e., resorbable implants are preferably used due to their beneficial properties. An anterior cruciate ligament (ACL) reconstruction and ankle fractures are the most observed indications that are treated using resorbable implants. Using these implants eliminates the need for implant removal operations, which often lead to prolonged and costly hospital stays; long hospital stays are not considered as a convenient option while treating pediatric patients.Governments of developing and developed countries engage in increasing awareness and management of orthopedic diseases. Governments helps in creating awareness regarding bone deformities among pediatric patient and helps in providing treatment to large population thereby creating demand for pediatric orthopedic implants and anticipated the market growth.
Europe Pediatric Orthopedic Implants Market Overview
The European pediatric orthopedic implants market is segmented into Germany, the UK, France, Italy, and Spain. Market growth in the region is attributed to the rising number of birth deformities along with rising demand of orthopedic implants for children in the region are accelerating the market growth and changing demographics and budget restrictions. Moreover, increasing R&D activities result in the rapid development of new knee and elbow fixation approaches and means of treatment.Europe Pediatric Orthopedic Implants Market Revenue and Forecast to 2030 (US$ Mn)
Europe Pediatric Orthopedic Implants Market Segmentation
The Europe pediatric orthopedic implants market is segmented type, application, end user, and country.Based on type, the Europe pediatric orthopedic implants market is segmented into hip implants, spine implants, knee implants, dental implants, craniomaxillofacial implants, and others. The hip implants segment held the largest market share in 2022.
Based on application, the Europe pediatric orthopedic implants market is segmented into trauma and deformities, broken bones, bone and joint infections, spinal deformities, and others. The trauma and deformities segment held the largest market share in 2022.
Based on end user, the Europe pediatric orthopedic implants market is segmented into hospitals, pediatric clinics, and others. The hospitals segment held the largest market share in 2022.
Based on country, the Europe pediatric orthopedic implants market is segmented into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Germany dominated the Europe pediatric orthopedic implants market share in 2022.
Arthrex Inc, Johnson & Johnson, Merete GmbH, OrthoPediatrics Corp, and Stryker Corp are some of the leading companies operating in the Europe pediatric orthopedic implants market.
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Arthrex Inc
- Johnson & Johnson
- Merete GmbH
- OrthoPediatrics Corp
- Stryker Corp
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 81 |
Published | January 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 1170.14 Million |
Forecasted Market Value ( USD | $ 2554.9 Million |
Compound Annual Growth Rate | 10.3% |
Regions Covered | Europe |