Authored By: Sarah
11 Jul 2024

 Ortho Pediatric Devices Market Size to grow by USD 1859.8 million between 2024-2028

According to a research report “ Ortho Pediatric Devices Market” by Application (Hospitals, Clinics, Others) Product (Trauma and deformities, Smart implants, Spine, Sports medicine) Geography (North America, Europe, Asia, Rest of World (ROW))- Global Forecast to 2028 published by Technavio, the market size is estimated to grow by USD 1859.8 million, at a CAGR of  8.09% during the forecast period. The orthopedic injuries prevalent among the pediatric population, including orthopedic fractures from sports activities, spinal deformities and scoliosis, tendon injuries, and hip, shoulder, and spine fractures, are significant drivers for the ortho pediatric devices market. According to the Centers for Disease Control and Prevention (CDC), approximately 9.2 million children in the US seek initial emergency department care annually due to unintentional injuries. With higher nonfatal injury rates among males than females for children aged 1-19, the expanding pediatric injury landscape is expected to fuel the demand for advanced ortho pediatric devices. The inherent propensity of children to engage in sports and other extracurricular activities heightens their susceptibility to injuries, further underpinning the market's growth potential.

Browse market data tables, figures, and in-depth TOC on “Ortho Pediatric Devices Market” by Application (Hospitals, Clinics, Others) Product (Trauma and deformities, Smart implants, Spine, Sports medicine) Geography (North America, Europe, Asia, Rest of World (ROW)) Global Forecast to 2028. Download Free Sample

 

By Application, the Hospitals segment is projected to dominate the market size in 2024

In the orthopedic pediatric devices market, the trauma and deformities segment is poised for significant growth. This segment encompasses procedures involving the application of metal plates, screws, and intramedullary nails for bone stabilization. Procedures such as osteotomies and implantations for correcting angular deformities and limb length discrepancies are driving market expansion. The increasing prevalence of bone deformities among pediatric patients, coupled with technological advancements and new product launches catering to this specific demographic, are key factors fueling market growth. Consequently, the demand for trauma and deformity-related devices, including metal implants, plates, screws, and rods, is expected to surge during the forecast period.

By Product, Trauma and deformities  segment is expected to hold the largest market size for the year 2024

The global ortho pediatric devices market is poised for significant expansion due to the increasing number of specialized hospitals focusing on orthopedic treatments. With advanced medical infrastructure and a high demand for premium medical products and consumables, large hospitals are a major growth driver in this market. The rising prevalence of orthopedic disorders and diseases among children, coupled with technological innovations such as external fixators and small extraphyseal plates, is fueling market growth. These advancements are enhancing the reliability and effectiveness of ortho pediatric devices, making them indispensable in healthcare facilities.

North America is forecasted to hold the largest market size by region in 2024

The Ortho Pediatric Devices Market represents a significant business opportunity, driven by the increasing prevalence of orthopedic conditions in children and the ongoing advancements in medical technology. Key market trends include the growing demand for minimally invasive procedures, the rising adoption of 3D printing technology, and the increasing focus on patient-centric care. Market players are investing in research and development to launch innovative products and expand their global footprint.

The Ortho Pediatric Devices Market growth and forecasting report also includes detailed analyses of the competitive landscape of the market growth and forecasting and information about 20 market companies, including:

  • Apex Ortho and Surgical
  • Arthrex Inc.
  • Auxein Medical Inc.
  • Johnson and Johnson Services Inc.
  • Madison Ortho
  • Medtronic Plc
  • Merete GmbH
  • Mighty Oak Medical
  • Narang Medical Ltd.
  • Nuvasive Inc.
  • Orthofix Medical Inc.
  • OrthoPediatrics Corp.
  • Smith and Nephew plc
  • Stryker Corp.
  • Total Joint Orthopedics Inc.
  • TREACE MEDICAL CONCEPTS INC.
  • Trendlines Group Ltd.
  • TST
  • WishBone Medical Inc.
  • Zimmer Biomet Holdings Inc.
.

For insights on company offerings- Request a sample report!

Research Analysis Overview

The Ortho Pediatric Devices Market encompasses a range of medical devices designed to address various orthopedic conditions in children. These devices include plates, prosthetics, and custom-made implants, manufactured using advanced technologies like 3D printing. Patient-centric healthcare is a key focus in this market, ensuring surgeon precision and optimal patient outcomes. Devices cater to a spectrum of conditions, including congenital deformities such as scoliosis and spinal conditions like sclerosis. They address orthopedic challenges like shattered bones, abnormalities, and fractures, as well as joint and cartilage issues. Pediatric orthopedic implants, splints, braces, and smart implants are essential for treating knee osteoarthritis and other joint problems. Hospitals and clinics specializing in sports medicine and trauma and deformities employ these devices to improve patient care. Surgeons utilize the latest surgical techniques to ensure the best possible outcomes for their young patients. The market continues to evolve, with a focus on innovation and personalized care, as technology advances and the demand for effective solutions grows.

Market Research Overview

The Ortho Pediatric Devices Market encompasses a range of medical devices designed to address various orthopedic and cranio-maxillofacial conditions in pediatric patients. These devices are used in hospital settings, rehabilitation centers, clinics, and other medical facilities. They include mouthguards for jaw growth and bite issues, headgear for skeletal deformities, and oral repair devices for oral abnormalities. Extra-oral and oral devices, such as screws, plates, and custom-made implants, are also used for surgical repairs and orthopedic conditions like scoliosis, congenital deformities, and orthopedic disorders. Patient-centric healthcare drives the development of these devices, with a focus on surgeon expertise, prosthetics, and advanced technologies like 3D printing and surgical techniques. Pediatric patients with conditions like Periprosthetic fractures, implant failures, surgical site infections, deep vein thrombosis, and various orthopedic disorders, including hip and knee arthroplasty, physical therapy, early diagnosis, inflammation, swelling, limb motions, walking, and comfort, benefit from these devices. Additionally, specialized hospitals and orthopedic residency programs cater to the unique needs of youngsters with bone abnormalities, such as shattered bones, abnormalities, sclerosis, spinal conditions, fractures, cartilage damage, missing bones, and pediatric orthopedic implants for joints and bones. Smart implants and trauma surgery services, as well as orthopedic oncology, are also part of the market. Conditions like autism spectrum disorder, Down syndrome, cerebral palsy, and various sports medicine injuries are addressed with casts, splints, braces, and arthritis treatments.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

Read News Read Less
Interested in this report?
Get your sample now!
Technavio