Global Pediatric Orthopedic Implants Market Share 2024, Forecast To 2033
8 Mar, 2024
The pediatric orthopedic implants market has experienced rapid growth, rising from $1.71 billion in 2023 to $1.89 billion in 2024, with a compound annual growth rate (CAGR) of 10.6%. This growth is attributed to advancements in surgical techniques, increasing pediatric orthopedic conditions, and heightened awareness. Looking ahead, the market is anticipated to continue its robust expansion, reaching $2.71 billion by 2028, with a CAGR of 9.4%. Factors contributing to this growth include personalized implants, minimally invasive procedures, and the rising prevalence of pediatric musculoskeletal disorders. Additionally, the market is expected to witness an increase in trauma cases among pediatric patients. Noteworthy trends in the forecast period involve collaborative efforts in research and development, innovations in implant design and materials, advancements in imaging technologies, and the integration of telehealth services in pediatric orthopedic care, reflecting a comprehensive approach to improving outcomes for young patients.
Global Pediatric Orthopedic Implants Market Key Driver
The pediatric orthopedic implants market anticipates growth due to the rising number of children, as evidenced by statistical data on live births in England and Wales. Increased demand for pediatric orthopedic implants reflects market expansion.
Get A Free Sample Of The Global Pediatric Orthopedic Implants Market ReportGlobal Pediatric Orthopedic Implants Market Segments
The pediatric orthopedic implants market covered in this report is segmented –
1) Type:Hip Implants, Spine Implants, Knee Implants, Dental Implants, Craniomaxillofacial Implants, Other Types
2) Application:Birth Deformities, Limping, Broken Bones, Bone And Joint Infection, Spinal Deformities, Other Applications
3) End User:Hospitals, Pediatric Clinics, Other End Users
By Geography: The countries covered in the pediatric orthopedic implants market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.
North America was the largest region in the pediatric orthopedic implants market in 2023. The regions covered in the pediatric orthopedic implants market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Pediatric Orthopedic Implants Industry Players
Medtronic Plc.; Stryker Corporation; B. Braun SE; DePuy Synthes; Zimmer Biomet; Smithy & Nephew Plc.; Arthrex Inc.; NuVasive Inc.; DJO Global; CONMED Corporation; Globus Medical; Orthofix Medical Inc.; Wittenstein intens GmbH; Corin Group; OrthoPediatrics Corporation; SI-BONE Inc.; FH Orthopedics; Baumer S.A.; Acumed; Merete Medical GmbH; JRI Orthopaedics Limited; GPC Medical Ltd.; Samay Surgical; Auxein Inc.; Wishbone Medical Inc.; Waldemar Link GmbH & Co. KG; Implantcast GmbH; Bioretec Ltd.; Suhradam Ortho; Vast Ortho.
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Pediatric Orthopedic Implants Market Overview
Pediatric orthopedic implants are medical equipment created and utilized especially for pediatric orthopedics. Pediatric orthopedic implants are applied in various contexts to treat musculoskeletal disorders and injuries.