Global Osteotomy Plate Market Analysis (2017-2023)
The Global Osteotomy Plate Market size is expected to reach $721.1 million by 2023, rising at a market growth of 5.1% CAGR during the forecast period. Osteotomy plates used in performing sur
The Global Osteotomy Plate Market size is expected to reach $721.1 million by 2023, rising at a market growth of 5.1% CAGR during the forecast period. Osteotomy plates used in performing surgical bone operation known as osteotomy. The surgical procedure is used in lengthening and shortening the bone alignments while treating bone disorders such as osteoarthritis, dysplasia, bone diseases, and bone injuries. Increasing incidence of bone-related diseases due to bad diet or unhealthy lifestyle has been the major cause that has driven the growth of osteotomy plates market. Additionally, growth in the number road accidents, growing geriatric population, and rapid adoption of surgical procedures while diagnosing and treating bone-related diseases would add to the market growth.
Based on Material, the market report segments the market into metal osteotomy plates and polymer osteotomy plates. Metal osteotomy plates further sub segmented into stainless steel osteotomy plates and titanium osteotomy plates. Based on Application, the Global Osteotomy Plate market segments the market into knee surgery, hip surgery and others. Based on End-User, the market report segments the market into hospitals, clinics & ambulatory surgical centers (ASCs). Based on Regions, the Global Osteotomy Plate market segments the market into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa. The market research report covers the analysis of key stake holders of the Global Osteotomy Plate Market. Key companies profiled in the report include Johnson & Johnson, Stryker Corporation, Arthrex, Inc., Acumed LLC, FH ORTHOPEDICS S.A.S., B. Braun Melsungen AG, Zimmer Biomet Holdings, Inc., AAP Implantate AG, Wright Medical Group N.V., OrthoPediatrics Corp.