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Osteotomy Plates Market Share, Size, Demand & Industry Trends 2022-27

Market Overview 2022-2027:

According to the global osteotomy plates market analysis report by IMARC Group, finds that the market reached a value of US$ 531.88 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 760.48 Million by 2027, exhibiting a CAGR of 5.80% during 2022-2027.

Industry Definition and Application:

Osteotomy represents the medical procedure involving the cutting of a bone to shorten or lengthen it. It generally includes hip, knee, jaw, and chin osteotomy to fix a defect that affects the growth of an individual. Osteotomy is used for improving several deformities of bones and joints while delaying the progression of conditions, such as arthritis, and relieving pain. In line with this, it is also utilized for treating bunions caused by the outward displacement of the first toe, which can be rectified by restoring its shape.

Market Trends:

The widespread adoption of surgical procedures for safer diagnosis and treatment of numerous diseases is primarily driving the osteotomy plates market. Additionally, the rising prevalence of sports-related injuries, owing to poor training methods, structural abnormalities, and weakness in tendons, muscles, ligaments, etc., is further catalyzing the market growth. Besides this, the growing utilization of osteotomy plates to realign the knee of a patient is acting as another significant growth-inducing factor.

Moreover, the increasing number of individuals who have musculoskeletal disorders, including fibromyalgia, knee osteoarthritis, Blount’s disease, myositis, etc., and osteoporosis, on account of the deficiency of calcium or vitamin D, is propelling the product demand. Apart from this, the government bodies across various countries are extensively investing in healthcare infrastructures, which in turn, is anticipated to fuel the osteotomy plates market over the forecasted period.

Request a PDF Sample Copy for more detailed market insights: https://www.imarcgroup.com/osteotomy-plates-market/requestsample

Report Segmentation:

The report has been segmented the market into following categories:

Breakup by Material:

  • Metal Osteotomy Plates
  • Titanium Osteotomy Plates
  • Stainless Steel Osteotomy Plates
  • Polymer Osteotomy Plates

Breakup by Application:

  • Knee Surgery
  • Hip Surgery
  • Others

Breakup by End User:

  • Hospitals
  • Clinics
  • Ambulatory Surgical Centers

Breakup by Geography:

  • North America:( United States, Canada)
  • Asia-Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
  • Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
  • Latin America: (Brazil, Mexico, Others)
  • Middle East and Africa

Competitive Landscape with Key Player:

  • Aap Implantate AG
  • Acumed LLC (Colson Medical LLC)
  • Amerisourcebergen Corporation
  • Amplitude Surgical
  • Arthrex Inc.
  • Braun Melsungen AG
  • Integra LifeSciences
  • Johnson & Johnson
  • Medartis AG
  • OrthoPediatrics Corp.
  • Stryker Corporation
  • TriMed Inc.
  • Zimmer Biomet.

Click here to view detailed information with table of content: https://www.imarcgroup.com/request?type=report&id=5512&flag=C

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Contact Us:

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