Europe Pediatric Orthopedic Implants Market
An increase in awareness regarding technologically advanced products, mainly through digital marketing channels, propels the demand for high-quality medical treatments for orthopedic defects in the pediatric population, subsequently contributing to the adoption of orthopedic implants designed for children. The most used implants are polymer- and ceramic-based ones. Nowadays, biodegradable, i.e., resorbable implants are preferably used due to their beneficial properties. An anterior cruciate ligament (ACL) reconstruction and ankle fractures are the most observed indications that are treated using resorbable implants. Using these implants eliminates the need for implant removal operations, which often lead to prolonged and costly hospital stays; long hospital stays are not considered as a convenient option while treating pediatric patients.
Governments of developing and developed countries engage in increasing awareness and management of orthopedic diseases. Governments helps in creating awareness regarding bone deformities among pediatric patient and helps in providing treatment to large population thereby creating demand for pediatric orthopedic implants and anticipated the market growth.
The European pediatric orthopedic implants market is segmented into Germany, the UK, France, Italy, and Spain. Market growth in the region is attributed to the rising number of birth deformities along with rising demand of orthopedic implants for children in the region are accelerating the market growth and changing demographics and budget restrictions. Moreover, increasing R&D activities result in the rapid development of new knee and elbow fixation approaches and means of treatment.
The Europe pediatric orthopedic implants market is segmented type, application, end user, and country.
Based on type, the Europe pediatric orthopedic implants market is segmented into hip implants, spine implants, knee implants, dental implants, craniomaxillofacial implants, and others. The hip implants segment held the largest market share in 2022.
Based on application, the Europe pediatric orthopedic implants market is segmented into trauma and deformities, broken bones, bone and joint infections, spinal deformities, and others. The trauma and deformities segment held the largest market share in 2022.
Based on end user, the Europe pediatric orthopedic implants market is segmented into hospitals, pediatric clinics, and others. The hospitals segment held the largest market share in 2022.
Based on country, the Europe pediatric orthopedic implants market is segmented into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Germany dominated the Europe pediatric orthopedic implants market share in 2022.
Arthrex Inc, Johnson & Johnson, Merete GmbH, OrthoPediatrics Corp, and Stryker Corp are some of the leading companies operating in the Europe pediatric orthopedic implants market.
The Europe Pediatric Orthopedic Implants Market is valued at US$ 1,170.14 Million in 2022, it is projected to reach US$ 2,554.90 Million by 2030.
As per our report Europe Pediatric Orthopedic Implants Market, the market size is valued at US$ 1,170.14 Million in 2022, projecting it to reach US$ 2,554.90 Million by 2030. This translates to a CAGR of approximately 10.3% during the forecast period.
The Europe Pediatric Orthopedic Implants Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Europe Pediatric Orthopedic Implants Market report:
The Europe Pediatric Orthopedic Implants Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Europe Pediatric Orthopedic Implants Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Europe Pediatric Orthopedic Implants Market value chain can benefit from the information contained in a comprehensive market report.
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