NEW YORK, July 18, 2023 /PRNewswire/ — The ortho-pediatric gadgets market dimension is anticipated to extend by USD 1.36 billion from 2021 to 2026, and the market’s progress momentum will speed up at a CAGR of 6.89%, based on Technavio. The rising competitors out there is compelling distributors to undertake numerous progress methods reminiscent of promotional actions and spending on ads to enhance the visibility of their providers. Technavio report analyzes the market’s aggressive panorama and provides data on a number of market distributors together with – Arthrex Inc., Auxein Medical Pvt. Ltd., Consensus Orthopedics Inc., Implanet SA, Johnson and Johnson Inc., Merete GmbH, Mighty Oak Medical, Nuvasive Inc., Orthofix Medical Inc., OrthoPediatrics Corp., Pega Medical Inc., Smith and Nephew plc, Stryker Corp., Treace Medical Ideas Inc., Trendlines Group Ltd., TST Medical Instruments San. and Tic. Ltd. Sti. Kurtkoy Sanayi Mah., WishBone Medical Inc., Zimmer Biomet Holdings Inc., and Medtronic Plc. Obtain the pattern report
Ortho Pediatric Gadgets Market Insights
- Distributors: 15+, Together with Arthrex Inc., Auxein Medical Pvt. Ltd., Consensus Orthopedics Inc., Implanet SA, Johnson and Johnson Inc., Merete GmbH, Mighty Oak Medical, Nuvasive Inc., Orthofix Medical Inc., OrthoPediatrics Corp., Pega Medical Inc., Smith and Nephew plc, Stryker Corp., Treace Medical Ideas Inc., Trendlines Group Ltd., TST Medical Instruments San. and Tic. Ltd. Sti. Kurtkoy Sanayi Mah., WishBone Medical Inc., Zimmer Biomet Holdings Inc., and Medtronic Plc, amongst others
- Protection: Mum or dad market evaluation; key drivers, main tendencies, and challenges; buyer and vendor panorama; vendor product insights and up to date developments; key distributors; and market positioning of distributors
- Segments: Product (Trauma and deformities, Sensible implants, Backbone, and Sports activities drugs) and Geography (North America, Europe, Asia, and the Remainder of the World (ROW))
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Key driver-The growing incidence of pediatric orthopedic accidents is a key issue driving market progress. The demand for ortho pediatric gadgets is quickly rising because of the growing variety of numerous points reminiscent of orthopedic fractures, that are majorly precipitated throughout sports activities; spinal deformities and scoliosis; tendon accidents; spine, hip, and shoulder fractures. Moreover, youngsters are thought of extra liable to accidents throughout sports activities. For instance, yearly, roughly 2.8 million youngsters within the US go to an emergency division for accidents related to falling, based on CDC information. Moreover, therapy of scoliosis could also be surgical or non-surgical and is carried out utilizing orthopedic gadgets. These gadgets embody braces, spinal casts, rods, and different orthopedic gadgets. Therefore, these components are anticipated to drive market progress in the course of the forecast interval.
Main Traits-Growing enterprise methods is a serious pattern out there. The businesses are specializing in growing their gross sales by choosing numerous methods reminiscent of mergers and acquisitions, distribution partnerships, and improved buyer care. These methods assist them to develop their enterprise and strengthen their market place. Distributors are getting motivated because of the growing demand for ortho pediatric gadgets and serving to them to achieve new geographical places. As an illustration, WishBone Medical, Inc signed a distribution settlement with youngsters’s hospitals throughout the US for its PediGuard good spinal drilling gadgets. Because of this, it can present entry to pediatric orthopedic surgeons who carry out spine surgical procedure. Therefore, these enterprise methods are anticipated to drive market progress in the course of the forecast interval.
Vital Challenges-The excessive prices related to orthopedic gadgets and surgical procedures are a key issue limiting market progress. That is because of the functions and options that are added to the gadgets. These costly gadgets are growing the associated fee burden on end-users in addition to sufferers. Moreover, the price of orthopedic gadgets, process prices, session charges, medicines, and consumable prices are the varied prices which might be included in orthopedic surgical procedure. The typical value of inpatient orthopedic procedures ranges between USD 25,000 and USD 30,000. Equally, the price of outpatient surgical procedures ranges between USD 15,000 and USD 20,000. As well as, a affected person could should bear repeated diagnostic exams, which additional will increase the associated fee burden on sufferers after Submit orthopedic surgical procedure. Therefore, these excessive prices of gadgets are anticipated to hamper the market progress in the course of the forecast interval.
Drivers, Traits & Challenges have an effect on market dynamics and might influence companies. Discover some insights from a pattern report!
The ortho-pediatric gadgets market report offers vital data and factual information, with a qualitative and quantitative research of the market primarily based on market drivers and limitations in addition to prospects.
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What are the important thing information lined on this Ortho Pediatric Gadgets Market report?
- CAGR of the market in the course of the forecast interval
- Detailed data on components that may drive the expansion of the ortho pediatric gadgets market between 2022 and 2026
- Exact estimation of the scale of the ortho pediatric gadgets market and its contribution to the market with a concentrate on the mother or father market
- Correct predictions about upcoming tendencies and adjustments in client conduct
- Progress of the ortho-pediatric gadgets market throughout North America, Europe, Asia, and the Remainder of the World (ROW)
- An intensive evaluation of the market’s aggressive panorama and detailed details about distributors
- Complete evaluation of things that may problem the expansion of ortho-pediatric gadgets market distributors
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Ortho Pediatric Gadgets Market Scope | |
Report Protection | Particulars |
Base 12 months | 2021 |
Historic interval | 2017-2021 |
Forecast interval | 2022-2026 |
Progress momentum & CAGR | Speed up at a CAGR of 6.89% |
Market Progress 2022-2026 | USD 1.36 billion |
Market construction | Fragmented |
YoY progress 2022-2023 (%) | 6.4 |
Regional evaluation | North America, Europe, Asia, and Remainder of World (ROW) |
Performing market contribution | North America at 52% |
Key international locations | US, Canada, Germany, UK, and France |
Aggressive panorama | Main Distributors, Market Positioning of Distributors, Aggressive Methods, and Business Dangers |
Key firms profiled | Arthrex Inc., Auxein Medical Pvt. Ltd., Consensus Orthopedics Inc., Implanet SA, Johnson and Johnson Inc., Merete GmbH, Mighty Oak Medical, Nuvasive Inc., Orthofix Medical Inc., OrthoPediatrics Corp., Pega Medical Inc., Smith and Nephew plc, Stryker Corp., Treace Medical Ideas Inc., Trendlines Group Ltd., TST Medical Instruments San. and Tic. Ltd. Sti. Kurtkoy Sanayi Mah., WishBone Medical Inc., Zimmer Biomet Holdings Inc., and Medtronic Plc |
Market dynamics | Mum or dad market evaluation, Market progress inducers and obstacles, Quick-growing and slow-growing phase evaluation, COVID-19 influence and restoration evaluation and future client dynamics, and Market situation evaluation for the forecast interval. |
Customization purview | If our report has not included the information that you’re on the lookout for, you possibly can attain out to our analysts and get segments personalized. |
Desk of Contents
1 Government Abstract
- 1.1 Market Overview
- Exhibit 01: Government Abstract – Chart on Market Overview
- Exhibit 02: Government Abstract – Knowledge Desk on Market Overview
- Exhibit 03: Government Abstract – Chart on World Market Traits
- Exhibit 04: Government Abstract – Chart on Market by Geography
- Exhibit 05: Government Abstract – Chart on Market Segmentation by Product
- Exhibit 06: Government Abstract – Chart on Incremental Progress
- Exhibit 07: Government Abstract – Knowledge Desk on Incremental Progress
- Exhibit 08: Government Abstract – Chart on Vendor Market Positioning
2 Market Panorama
- 2.1 Market ecosystem
- Exhibit 09: Mum or dad market
- Exhibit 10: Market Traits
3 Market Sizing
- 3.1 Market definition
- Exhibit 11: Choices of distributors included out there definition
- 3.2 Market phase evaluation
- Exhibit 12: Market segments
- 3.3 Market dimension 2021
- 3.4 Market outlook: Forecast for 2021-2026
- Exhibit 13: Chart on World – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 14: Knowledge Desk on World – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 15: Chart on World Market: Yr-over-year progress 2021-2026 (%)
- Exhibit 16: Knowledge Desk on World Market: Yr-over-year progress 2021-2026 (%)
4 5 Forces Evaluation
- 4.1 5 forces abstract
- Exhibit 17: 5 forces evaluation – Comparability between 2021 and 2026
- 4.2 Bargaining energy of consumers
- Exhibit 18: Bargaining energy of consumers – Impression of key components in 2021 and 2026
- 4.3 Bargaining energy of suppliers
- Exhibit 19: Bargaining energy of suppliers – Impression of key components in 2021 and 2026
- 4.4 Risk of recent entrants
- Exhibit 20: Risk of recent entrants – Impression of key components in 2021 and 2026
- 4.5 Risk of substitutes
- Exhibit 21: Risk of substitutes – Impression of key components in 2021 and 2026
- 4.6 Risk of rivalry
- Exhibit 22: Risk of rivalry – Impression of key components in 2021 and 2026
- 4.7 Market situation
- Exhibit 23: Chart on Market situation – 5 forces 2021 and 2026
5 Market Segmentation by Product
- 5.1 Market segments
- Exhibit 24: Chart on Product – Market share 2021-2026 (%)
- Exhibit 25: Knowledge Desk on Product – Market share 2021-2026 (%)
- 5.2 Comparability by Product
- Exhibit 26: Chart on Comparability by Product
- Exhibit 27: Knowledge Desk on Comparability by Product
- 5.3 Trauma and deformities – Market dimension and forecast 2021-2026
- Exhibit 28: Chart on Trauma and deformities – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 29: Knowledge Desk on Trauma and deformities – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 30: Chart on Trauma and deformities – Yr-over-year progress 2021-2026 (%)
- Exhibit 31: Knowledge Desk on Trauma and deformities – Yr-over-year progress 2021-2026 (%)
- 5.4 Sensible implants – Market dimension and forecast 2021-2026
- Exhibit 32: Chart on Sensible implants – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 33: Knowledge Desk on Sensible implants – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 34: Chart on Sensible implants – Yr-over-year progress 2021-2026 (%)
- Exhibit 35: Knowledge Desk on Sensible implants – Yr-over-year progress 2021-2026 (%)
- 5.5 Backbone – Market dimension and forecast 2021-2026
- Exhibit 36: Chart on Backbone – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 37: Knowledge Desk on Backbone – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 38: Chart on Backbone – Yr-over-year progress 2021-2026 (%)
- Exhibit 39: Knowledge Desk on Backbone – Yr-over-year progress 2021-2026 (%)
- 5.6 Sports activities drugs – Market dimension and forecast 2021-2026
- Exhibit 40: Chart on Sports activities drugs – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 41: Knowledge Desk on Sports activities drugs – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 42: Chart on Sports activities drugs – Yr-over-year progress 2021-2026 (%)
- Exhibit 43: Knowledge Desk on Sports activities drugs – Yr-over-year progress 2021-2026 (%)
- 5.7 Market alternative by Product
- Exhibit 44: Market alternative by Product ($ million)
6 Buyer Panorama
- 6.1 Buyer panorama overview
- Exhibit 45: Evaluation of value sensitivity, lifecycle, buyer buy basket, adoption charges, and buy standards
7 Geographic Panorama
- 7.1 Geographic segmentation
- Exhibit 46: Chart on Market share by geography 2021-2026 (%)
- Exhibit 47: Knowledge Desk on Market share by geography 2021-2026 (%)
- 7.2 Geographic comparability
- Exhibit 48: Chart on Geographic comparability
- Exhibit 49: Knowledge Desk on Geographic comparability
- 7.3 North America – Market dimension and forecast 2021-2026
- Exhibit 50: Chart on North America – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 51: Knowledge Desk on North America – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 52: Chart on North America – Yr-over-year progress 2021-2026 (%)
- Exhibit 53: Knowledge Desk on North America – Yr-over-year progress 2021-2026 (%)
- 7.4 Europe – Market dimension and forecast 2021-2026
- Exhibit 54: Chart on Europe – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 55: Knowledge Desk on Europe – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 56: Chart on Europe – Yr-over-year progress 2021-2026 (%)
- Exhibit 57: Knowledge Desk on Europe – Yr-over-year progress 2021-2026 (%)
- 7.5 Asia – Market dimension and forecast 2021-2026
- Exhibit 58: Chart on Asia – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 59: Knowledge Desk on Asia – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 60: Chart on Asia – Yr-over-year progress 2021-2026 (%)
- Exhibit 61: Knowledge Desk on Asia – Yr-over-year progress 2021-2026 (%)
- 7.6 Remainder of World (ROW) – Market dimension and forecast 2021-2026
- Exhibit 62: Chart on Remainder of World (ROW) – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 63: Knowledge Desk on Remainder of World (ROW) – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 64: Chart on Remainder of World (ROW) – Yr-over-year progress 2021-2026 (%)
- Exhibit 65: Knowledge Desk on Remainder of World (ROW) – Yr-over-year progress 2021-2026 (%)
- 7.7 US – Market dimension and forecast 2021-2026
- Exhibit 66: Chart on US – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 67: Knowledge Desk on US – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 68: Chart on US – Yr-over-year progress 2021-2026 (%)
- Exhibit 69: Knowledge Desk on US – Yr-over-year progress 2021-2026 (%)
- 7.8 Germany – Market dimension and forecast 2021-2026
- Exhibit 70: Chart on Germany – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 71: Knowledge Desk on Germany – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 72: Chart on Germany – Yr-over-year progress 2021-2026 (%)
- Exhibit 73: Knowledge Desk on Germany – Yr-over-year progress 2021-2026 (%)
- 7.9 UK – Market dimension and forecast 2021-2026
- Exhibit 74: Chart on UK – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 75: Knowledge Desk on UK – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 76: Chart on UK – Yr-over-year progress 2021-2026 (%)
- Exhibit 77: Knowledge Desk on UK – Yr-over-year progress 2021-2026 (%)
- 7.10 Canada – Market dimension and forecast 2021-2026
- Exhibit 78: Chart on Canada – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 79: Knowledge Desk on Canada – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 80: Chart on Canada – Yr-over-year progress 2021-2026 (%)
- Exhibit 81: Knowledge Desk on Canada – Yr-over-year progress 2021-2026 (%)
- 7.11 France – Market dimension and forecast 2021-2026
- Exhibit 82: Chart on France – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 83: Knowledge Desk on France – Market dimension and forecast 2021-2026 ($ million)
- Exhibit 84: Chart on France – Yr-over-year progress 2021-2026 (%)
- Exhibit 85: Knowledge Desk on France – Yr-over-year progress 2021-2026 (%)
- 7.12 Market alternative by geography
- Exhibit 86: Market alternative by geography ($ million)
8 Drivers, Challenges, and Traits
- 8.1 Market drivers
- 8.2 Market challenges
- 8.3 Impression of drivers and challenges
- Exhibit 87: Impression of drivers and challenges in 2021 and 2026
- 8.4 Market tendencies
9 Vendor Panorama
- 9.1 Overview
- 9.2 Vendor panorama
- Exhibit 88: Overview on Criticality of inputs and Elements of differentiation
- 9.3 Panorama disruption
- Exhibit 89: Overview on components of disruption
- 9.4 Business dangers
- Exhibit 90: Impression of key dangers on enterprise
10 Vendor Evaluation
- 10.1 Distributors lined
- Exhibit 91: Distributors lined
- 10.2 Market positioning of distributors
- Exhibit 92: Matrix on vendor place and classification
- 10.3 Arthrex Inc.
- Exhibit 93: Arthrex Inc. – Overview
- Exhibit 94: Arthrex Inc. – Product / Service
- Exhibit 95: Arthrex Inc. – Key choices
- 10.4 Johnson and Johnson Inc.
- Exhibit 96: Johnson and Johnson Inc. – Overview
- Exhibit 97: Johnson and Johnson Inc. – Enterprise segments
- Exhibit 98: Johnson and Johnson Inc. – Key information
- Exhibit 99: Johnson and Johnson Inc. – Key choices
- Exhibit 100: Johnson and Johnson Inc. – Section focus
- 10.5 Nuvasive Inc.
- Exhibit 101: Nuvasive Inc. – Overview
- Exhibit 102: Nuvasive Inc. – Enterprise segments
- Exhibit 103: Nuvasive Inc. – Key information
- Exhibit 104: Nuvasive Inc. – Key choices
- Exhibit 105: Nuvasive Inc. – Section focus
- 10.6 Orthofix Medical Inc.
- Exhibit 106: Orthofix Medical Inc. – Overview
- Exhibit 107: Orthofix Medical Inc. – Enterprise segments
- Exhibit 108: Orthofix Medical Inc. – Key information
- Exhibit 109: Orthofix Medical Inc. – Key choices
- Exhibit 110: Orthofix Medical Inc. – Section focus
- 10.7 OrthoPediatrics Corp.
- Exhibit 111: OrthoPediatrics Corp. – Overview
- Exhibit 112: OrthoPediatrics Corp. – Enterprise segments
- Exhibit 113: OrthoPediatrics Corp. – Key information
- Exhibit 114: OrthoPediatrics Corp. – Key choices
- Exhibit 115: OrthoPediatrics Corp. – Section focus
- 10.8 Pega Medical Inc.
- Exhibit 116: Pega Medical Inc. – Overview
- Exhibit 117: Pega Medical Inc. – Product / Service
- Exhibit 118: Pega Medical Inc. – Key choices
- 10.9 Smith and Nephew plc
- Exhibit 119: Smith and Nephew plc – Overview
- Exhibit 120: Smith and Nephew plc – Enterprise segments
- Exhibit 121: Smith and Nephew plc – Key information
- Exhibit 122: Smith and Nephew plc – Key choices
- Exhibit 123: Smith and Nephew plc – Section focus
- 10.10 Stryker Corp.
- Exhibit 124: Stryker Corp. – Overview
- Exhibit 125: Stryker Corp. – Enterprise segments
- Exhibit 126: Stryker Corp. – Key information
- Exhibit 127: Stryker Corp. – Key choices
- Exhibit 128: Stryker Corp. – Section focus
- 10.11 WishBone Medical Inc.
- Exhibit 129: WishBone Medical Inc. – Overview
- Exhibit 130: WishBone Medical Inc. – Product / Service
- Exhibit 131: WishBone Medical Inc. – Key choices
- 10.12 Zimmer Biomet Holdings Inc.
- Exhibit 132: Zimmer Biomet Holdings Inc. – Overview
- Exhibit 133: Zimmer Biomet Holdings Inc. – Enterprise segments
- Exhibit 134: Zimmer Biomet Holdings Inc. – Key information
- Exhibit 135: Zimmer Biomet Holdings Inc. – Key choices
- Exhibit 136: Zimmer Biomet Holdings Inc. – Section focus
11 Appendix
- 11.1 Scope of the report
- 11.2 Inclusions and exclusions guidelines
- Exhibit 137: Inclusions guidelines
- Exhibit 138: Exclusions guidelines
- 11.3 Forex conversion charges for US$
- Exhibit 139: Forex conversion charges for US$
- 11.4 Analysis methodology
- Exhibit 140: Analysis methodology
- Exhibit 141: Validation strategies employed for market sizing
- Exhibit 142: Data sources
- 11.5 Record of abbreviations
- Exhibit 143: Record of abbreviations
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