The pediatric orthopedic implants market was valued at US$ 3,812.77 million in 2022 and is expected to reach US$ 8,502.17 million by 2030; it is estimated to record a CAGR of 10.5% from 2022 to 2030. The pediatric orthopedic implants market growth is primarily driven by the increasing incidence of sports injuries, orthopedic birth deformities and growing adoption of advanced medical devices.
Health expenditures in developing countries rise with the increase in the burden of different diseases. Thus, government initiatives to improve healthcare infrastructure to support modern orthopedic practices in response to an upsurge in the prevalence of bone deformities among children are likely to create significant opportunities for major players in the pediatric orthopedic implants market.
A few of the major primary and secondary sources referred to while preparing the report on the pediatric orthopedic implants market are the World Health Organization (WHO), Centers for Disease Control and Prevention (CDC), American Academy of Pediatrics (AAP), European Medicines Agency (EMA), The Pan American Health Organization (PAHO), European Platform on Rare Disease Registration, National Safety Council, Organization for Economic Co-operation and Development (OECD)
Reasons to Buy
Unmet Needs of Pediatric Orthopedic Patients Opportunity for Pediatric Orthopedic Implants Market Growth
Key players operating in the pediatric orthopedic implant market are engaged in developing and commercializing innovative products and technologies specifically designed to address the unmet clinical needs of pediatric orthopedic patients and satisfy the demands of orthopedic surgeons. Osteogenesis imperfecta (OI) is a genetic bone disorder anis d treated with rods of fixed lengths. However, telescopic implants can extend as the child grows, reducing the number of surgeries they need. These implants result in an improved quality of life for children with skeletal deformities of long bones. Further, the ability to manufacture and provide customized orthopedic implants by using 3D printing technology in personalized medicine has broadened the applications of these products.Health expenditures in developing countries rise with the increase in the burden of different diseases. Thus, government initiatives to improve healthcare infrastructure to support modern orthopedic practices in response to an upsurge in the prevalence of bone deformities among children are likely to create significant opportunities for major players in the pediatric orthopedic implants market.
Type-Based Insights
The pediatric orthopedic implants market, by product type, is bifurcated into hip implants, spine implants, knee implants, dental implants, craniomaxillofacial implants, and others. The hip implants segment held a larger pediatric orthopedic implants market share in 2022 however, knee implants segment is anticipated to register a higher CAGR of 11.3% during the forecast period.Application-Based Insights
The pediatric orthopedic implants market, by application, is segment into trauma and deformities, broken bones, bone and joint infection, spinal deformities, and others. The trauma and deformities segment held a largest market share in 2022 and same segment is anticipated to register a highest CAGR of 11.0% during the forecast period.End User-Based Insights
The pediatric orthopedic implants market, by end user, is segment into hospitals, pediatric clinics, and others. The hospitals segment held a largest market share in 2022 and same segment is anticipated to register a highest CAGR of 10.9% during the forecast period.A few of the major primary and secondary sources referred to while preparing the report on the pediatric orthopedic implants market are the World Health Organization (WHO), Centers for Disease Control and Prevention (CDC), American Academy of Pediatrics (AAP), European Medicines Agency (EMA), The Pan American Health Organization (PAHO), European Platform on Rare Disease Registration, National Safety Council, Organization for Economic Co-operation and Development (OECD)
Reasons to Buy
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the pediatric orthopedic implants market.
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global pediatric orthopedic implants market, thereby allowing players across the value chain to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the pediatric orthopedic implants market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin security interest with respect to client products, segmentation, pricing, and distribution.
Table of Contents
1. Introduction
2. Executive Summary
3. Research Methodology
4. Pediatric Orthopedic Implants Market Landscape
5. Pediatric Orthopedic Implants Market - Key Industry Dynamics
6. Pediatric Orthopedic Implants Market - Global Market Analysis
7. Global Pediatric Orthopedic Implants Market - Revenue and Forecast to 2030 - by Type
8. Global Pediatric Orthopedic Implants Market - Revenue and Forecast to 2030 - by Application
9. Global Pediatric Orthopedic Implants Market - Revenue and Forecast to 2030 - by End User
10. Pediatric Orthopedic Implants Market - Geographical Analysis
11. Industry Landscape
12. Company Profiles
13. Appendix
Companies Mentioned
- Johnson & Johnson
- Arthrex Inc.
- Stryker Corp
- OrthoPediatrics Corp
- WishBone Medical Inc.
- Samay Surgical Pvt Ltd.
- Vast Ortho Pvt Ltd.
- Merete GmbH
- Suhradam Ortho
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 163 |
| Published | September 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 3.81 Billion |
| Forecasted Market Value ( USD | $ 8.5 Billion |
| Compound Annual Growth Rate | 10.5% |
| Regions Covered | Global |
| No. of Companies Mentioned | 9 |
