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Increasing Sports Injuries and Bone Deformities Among among Children, and Increasing Rising Awareness and Adoption of Orthopaedic Solutions and Treatments Drive Pediatric Orthopedic Implants Market
According tour latest study on “Pediatric Orthopedic Implants Market Forecast t2027 – COVID-19 Impact and Global Analysis – by TechnologyType, ConfigurationApplication, and WardEnd User,” the market was valued at US$ 1,604.92 million in 2019 and it is projected treach US$ 3,479.79 million by 2027; it is expected tgrow at a CAGR of 10.2% during 2020–2027. The report highlights the trends prevailing in the market, and drivers and restraints pertaining tits growth. The market growth is mainly attributed tIncreasing increasing sports injuries and bone deformities among children, and increasing rising awareness and adoption of orthopaedicorthopedic solutions and treatments. Further, high market potential in developing nations offers lucrative opportunities tthe market players. However, the post-surgical complications hinders the market growth.
OrthopaedicOrthopedic congenital disability is caused due tabnormal development of bone and muscle tissue during fetal development. According ta study published by March of Dimes, the conditions for about 60% of congenital disabilities are unexplained. Various risk factors such as abnormal genes inherited from a parent, missing or abnormal genes caused by a chromosome disorder, consumption of alcohol, smoking cigarette, intake of illicit drugs, certain medications, radiation, and other indications. The orthopedic is among the different defect that has been observed remarkably. The congenital orthopaedicorthopedic disabilities include congenital disability clubfoot, developmental dysplasia of the hip that causes dislocation in the hip, metatarsus adducts that causes curved foot or in-toeing involving the feet, spine deformities, osteogenesis imperfecta, muscular dystrophy, limb defects, and bone infections.
Moreover, there is considerable increase in sports injuries among children, which is promoting the adoption of pediatric orthopedic implants. For instance, as per the Stanford Children's Health in the US, about 30 million children and teens are engaged in organized sports, and more than 3.5 million injuries are recorded annually. As per the Nationwide Children's Hospital, the US, one in six newborns have a type of hip instability every year; and twtthree out of every 1,000 infants require treatment. Thus, such factors are expected tdrive the pediatric orthopedic implants market during the forecast period.
Johnson and Johnson Services, ; Pega Medical, ; Arthrex, Inc., .; Stryker Corporation, ; OrthoPediatrics Corp, ; Wishbone Medical, Inc, ; Samay Surgical, ; Vast Ortho, ; Merete GmbH, ; and Suhradam Orthare among the players operating in the Pediatric pediatric Orthopedic orthopedic Implants implants market. These players focus on product development and innovation tsustain their market positions.
The report segments the global pediatric orthopedic implants market as follows:
By Type
- Hip Implants
- Spine Implants
- Knee Implants
- Dental Implants
- Craniomaxillofacial Implants
- Others
By Application
- Trauma & Deformity
- Spinal Deformities
- Broken Bones
- Bone and Joint Infection
- Others
By End- User
- Hospitals
- PediatricPaediatric Clinics
- Others
By Geography
- North America
- Europe
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- South Korea
- Japan
- Australia
- Rest of Asia Pacific
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
- South and Central America
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