Global Pediatric Orthopedic Implant Market By Type (Trauma and Deformity, Spine, Smart Implants, Sports Medicine), By Application (Hospitals and Clinics, Home Care, Ambulatory Care Centers, Emergency Medical Services (EMS)), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019–2029

Market.us announces publication of its most recently generated research report titled, “Global Pediatric Orthopedic Implant Market by Implant Type (Trauma and Deformity, Spine, Sports, Medicine, & Other Implants), By End User (Hospitals & Clinics & Other Medical Centers), and by Region – Global Forecast to 2029”, which offers a holistic view of the global pediatric orthopedic implant market through systematic segmentation that covers every aspect of the target market.

The Global Pediatric Orthopedic Implant Market is projected to be US$ 1,194.0 Mn in 2018 to reach US$ 1,822.8 Mn by 2029 at a CAGR of 3.3%.

An orthopedic implant is a medical device used to support a damaged bone or to replace a missing joint or bone. The medical implant is mainly manufactured using titanium alloys and stainless steel and for strength. An orthopedic implant has a plastic coating which acts as artificial cartilage. In orthopedics, internal fixation deals with the surgical implementation of orthopedic implants for replacing or repairing a bone. Pins, rods, screws, and plates are some of the common types of medical implants used during the orthopedic procedure. Pediatric orthopedic implants are used in the children to repair or replace bones in birth deformities, broken bones, limping, infections in bones and joints, and spinal deformities.

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The global pediatric orthopedic implant market is expected to grow moderately, owing to the rapidly rising number of pediatric footfalls in healthcare facility centers for orthopedic implant procedures due to increasing trauma incidences among children is one of the major factor expected to drive the growth of the target market over the forecast period. Increasing R&D activities by manufacturers for the development of advanced innovative solutions, increasing regulatory approvals for orthopedic implants, and upgrading of healthcare infrastructure in developing countries are some additional factors also expected to bolster the growth of the market.

Global Pediatric Orthopedic Implant Market Revenue (US$ Mn), 2019–2029

The global pediatric orthopedic implant market is segmented based on implant type, end-user, and by region. Based on implant type, the trauma and deformity segment is expected to create a significant share, whereas sports medicine is anticipated as the highest growth rate. Based on end-user, the hospital and clinic segment accounted for the highest share as compared to other medical centers segment and anticipated the moderate growth rate.

Global Pediatric Orthopedic Implant Market Share by Implant Type, 2019

Based on region, the market is segmented into North America, Europe, APAC, South America and Middle East Africa. Among region, the North America market is accounted for significant market share followed by Europe. China and India are expected to possess maximum potential in the forecast period. Prominent players operating in the pediatric orthopedic implants market are focusing on launching technologically advanced pediatric orthopedic implants in order to gain competitive edge had increased demand for handling orthopedic procedures.

The research report on the global pediatric orthopedic implant market includes profiles of some of the major companies such as OrthoPediatrics Corp., Orthofix Medical Inc. (Orthofix Holdings Materialise NV, Merete Technologies Inc, Pega Medical Inc, Wishbone Medical Inc.

Key Market Segments

Type

• Trauma and Deformity
• Spine
• Smart Implants
• Sports Medicine

Application

• Hospitals and Clinics
• Home Care
• Ambulatory Care Centers
• Emergency Medical Services (EMS)

Key Market Players included in the report:

• OrthoPediatrics Corp.
• Orthofix Medical Inc. (Orthofix Holdings Materialise NV)
• Merete Technologies Inc
• Pega Medical Inc
• Wishbone Medical Inc

For the Global Pediatric Orthopedic Implant Market research study, the following years have been considered to estimate the market size: