Overview and Scope
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.
Sizing and Forecast
The pediatric orthopedic implants market size has grown rapidly in recent years. It will grow from $1.71 billion in 2023 to $1.89 billion in 2024 at a compound annual growth rate (CAGR) of 10.6%. The growth in the historic period can be attributed to advancements in pediatric orthopedic surgery techniques, increasing incidence of pediatric orthopedic conditions, rise in pediatric sports injuries, growing awareness and education, pediatric subspecialization in orthopedics.
The pediatric orthopedic implants market size is expected to see strong growth in the next few years. It will grow to $2.71 billion in 2028 at a compound annual growth rate (CAGR) of 9.4%. The growth in the forecast period can be attributed to personalized and customized implants, increased focus on minimally invasive techniques, growing prevalence of pediatric musculoskeletal disorders, expansion of pediatric trauma cases. Major trends in the forecast period include collaborations for research and development, technological innovations in implant design, advances in imaging technologies, technological innovations in implant materials, telehealth in pediatric orthopedic care.
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Segmentation & Regional Insights
The pediatric orthopedic implants market covered in this report is segmented –
1) By Type: Hip Implants, Spine Implants, Knee Implants, Dental Implants, Craniomaxillofacial Implants, Other Types
2) By Application: Birth Deformities, Limping, Broken Bones, Bone And Joint Infection, Spinal Deformities, Other Applications
3) By End User: Hospitals, Pediatric Clinics, Other End Users
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
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Major Driver Impacting Market Growth
The growth in the number of children population is expected to propel the growth of the pediatric orthopedic implants market going forward. Children refer to young people who have not yet achieved maturity and are still in the early phases of their development. Pediatric orthopedic implants provide various advantages to the patients, such as reducing pain, swelling, and inflammation and assisting in moving their limbs. For instance, in August 2022, according to a report published by the Office for National Statistics, a UK-based government department, England and Wales had 624,828 live births in 2021, up 1.8% from 613,936 in 2020. Therefore, the growth in the number of children drives the pediatric orthopedic implants market.
Key Industry Players
Major companies operating in the pediatric orthopedic implants market report are 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.
The pediatric orthopedic implants market report table of contents includes:
1. Executive Summary
2. Pediatric Orthopedic Implants Market Characteristics
3. Pediatric Orthopedic Implants Market Trends And Strategies
4. Pediatric Orthopedic Implants Market – Macro Economic Scenario
5. Global Pediatric Orthopedic Implants Market Size and Growth
…
32. Global Pediatric Orthopedic Implants Market Competitive Benchmarking
33. Global Pediatric Orthopedic Implants Market Competitive Dashboard
34. Key Mergers And Acquisitions In The Pediatric Orthopedic Implants Market
35. Pediatric Orthopedic Implants Market Future Outlook and Potential Analysis
36. Appendix
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