Market Overview

Global Osteotomy Plates Market 2018-2022 | NiTiNOL-based Osteotomy Plates to Gain Popularity | Technavio

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The global osteotomy plates market 2018-2022 is expected to post a CAGR
of close to 5% during the forecast period, according to the latest
market research report by Technavio.

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Technavio has published a new market research report on the global osteotomy plates market from 2018 ...

Technavio has published a new market research report on the global osteotomy plates market from 2018-2022. (Graphic: Business Wire)

A key factor driving the growth of the market is the increasing
prevalence of bone-related disorders. There is an increase in the
prevalence of bone-related disorders such as osteoarthritis and
osteoporosis. Osteoporosis is one of the common causes of fractures.
Osteoporosis causes more than millions of fractures annually. As per the
2018 CDC report, women aged above 50 years are more likely to develop
osteoarthritis than men. The increase in the number of people with
conditions such as osteoarthritis, rheumatoid arthritis, and other
musculoskeletal diseases is likely to spur the growth of the global
osteotomy plates market during the forecast period.

This market research report on the global
osteotomy plates market 2018-2022
also provides an analysis of
the most important trends expected to impact the market outlook during
the forecast period. Technavio classifies an emerging trend as a major
factor that has the potential to significantly impact the market and
contribute to its growth or decline.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

In this report, Technavio highlights the growing popularity of
NiTiNOL-based osteotomy plates as one of the key emerging trends in the
global osteotomy plates market:

Global osteotomy plates market: Growing
popularity of NiTiNOL-based osteotomy plates

NiTiNOL is a nickel-titanium alloy that has shape-memory properties,
which make it a valuable implant material. NiTiNOL staples are used for
fracture fixation, arthrodesis, and osteotomies. The advantage of
NiTiNOL staples over conventional metallic staples is their capacity to
maintain a continuous compressive force to the fracture surfaces due to
their shape memory properties.

"Using NiTiNOL staples for osteotomy procedures ensures the good
approximation of bone fragments, the dynamic compression of fracture
surfaces, the reduced incidence of nonunion, and the avoidance of
infections and postoperative care issues associated with external
fixation. It also reduces time as compared to bone screws,"
says a
senior analyst at Technavio for orthopedics and medical devices.

Global osteotomy plates market: Segmentation
analysis

This market research report segments the global osteotomy plates market
by end-user (hospitals, ASCs, and specialty orthopedic centers), by
application (knee and hip), by product (titanium osteotomy plates,
stainless steel osteotomy plates, and polymer osteotomy plates), and
geographical regions (APAC, EMEA, and the Americas).

The Americas led the market in 2017 with a market share of more than
53%, followed by EMEA and APAC respectively. In the Americas, North
America accounts for a significant share, due to the factors such as the
increase in the number of orthopedic disorders and surgeries, rising
demand for minimally invasive surgeries, rapid technological advances in
the healthcare sector, availability of reimbursements, and the presence
of established vendors in the region.

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Some of the key topics covered in the report include:

Market Landscape

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

Market Sizing

  • Market sizing
  • Market size and forecast

Five Forces Analysis

Market Segmentation

Geographical Segmentation

  • Regional comparison
  • Key leading countries

Market Drivers

Market Challenges

Market Trends

Vendor Landscape

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Competitive scenario

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