Ortho Pediatric Devices Market Size to Grow by USD 1.36 Billion from 2021 to 2026| Technavio

PR Newswire
Tuesday, May 24, 2022 at 1:15am UTC

Ortho Pediatric Devices Market Size to Grow by USD 1.36 Billion from 2021 to 2026| Technavio

PR Newswire

NEW YORK, May 23, 2022 /PRNewswire/ -- Technavio categorizes the ortho pediatric devices market as a part of the global healthcare equipment market. The ortho pediatric devices market research report provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches.  

Ortho Pediatric Devices Market: Key Drivers

The increasing incidence of pediatric orthopedic injuries is driving the ortho pediatric devices market For instance, according to the CDC, 9.2 million children in the US visit the initial emergency department for an unintentional injury every year. Nonfatal injury rates were higher among males than females among children aged 1-19 years. Children are more prone to injuries as they are more active and injure themselves during sports and other extra-curriculum activities. For instance, according to CDC data, 2.8 million children in the US visit an initial emergency department for injuries associated with falling annually.

View market report outlook to learn more about factors influencing the market.

Vendor Insights

The report identifies the following as the dominant vendors in the market:

  • Arthrex Inc.
  • Auxein Medical Pvt. Ltd.
  • Consensus Orthopedics Inc.
  • Implanet SA
  • Johnson and Johnson Inc.
  • Merete GmbH
  • Mighty Oak Medical
  • Nuvasive Inc.
  • Orthofix Medical Inc.
  • OrthoPediatrics Corp.
  • Pega Medical Inc.
  • Smith and Nephew plc
  • Stryker Corp.
  • Treace Medical Concepts Inc.
  • Trendlines Group Ltd.
  • TST Medical Tools San. and Tic. Ltd. Sti. Kurtkoy Sanayi Mah.
  • WishBone Medical Inc.
  • Zimmer Biomet Holdings Inc.
  • Medtronic Plc

Product Insights and News

The ortho pediatric devices market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. For instance, Arthrex Inc., a leading vendor, offers ortho pediatric devices that are available double and triple loaded with SutureTape, complemented by a guided delivery system and 2.6 mm drill or punch, helping minimize bone removal. The company is also involved in new product development and medical education in orthopedics.

Learn more about the vendors in the market as you download your sample copy

North America's Contribution to Ortho Pediatric Devices Market

The increase in the prevalence of injuries in children, product launches, and initiatives by non-profit and government organizations to create awareness and provide effective treatment and insurance coverage to pediatric patients is expected to propel the ortho pediatric devices market growth in North America during the forecast period. The region is expected to contribute to 52% of market growth in countries such as the US and Canada are the key markets for the ortho pediatric devices market. Market growth in North America will be higher than the growth of the market in other regions.

Download your sample copy and know more about the market contribution in North America

Ortho Pediatric Devices Market Scope

Report Coverage

Details

Page number

120

Base year

2021

Forecast period

2022-2026

Growth momentum & CAGR

Accelerate at a CAGR of 6.89%

Market growth 2022-2026

$ 1.36 billion

Market structure

Fragmented

YoY growth (%)

6.4

Regional analysis

North America, Europe, Asia, and Rest of World (ROW)

Performing market contribution

North America at 52%

Key consumer countries

US, Canada, Germany, UK, and France

Competitive landscape

Leading companies, Competitive strategies, Consumer engagement scope

Key companies profiled

Arthrex Inc., Auxein Medical Pvt. Ltd., Consensus Orthopedics Inc., Implanet SA, Johnson and Johnson Inc., Merete GmbH, Mighty Oak Medical, Nuvasive Inc., Orthofix Medical Inc., OrthoPediatrics Corp., Pega Medical Inc., Smith and Nephew plc, Stryker Corp., Treace Medical Concepts Inc., Trendlines Group Ltd., TST Medical Tools San. and Tic. Ltd. Sti. Kurtkoy Sanayi Mah., WishBone Medical Inc., Zimmer Biomet Holdings Inc., and Medtronic Plc

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Get your report sample copy to unlock scope and parent market analysis insights

Market Segmentation

The ortho pediatric devices market is divided by products into trauma and deformities segment, smart implants segment, spine, and sports medicine segment. The trauma and deformities segment is expected to be the major contributor to the market. The segment growth can be attributed to the increasing prevalence of bone deformities among the pediatric population, technological advances, and new product launches specific to the pediatric group.

Pandemic Impact

The increase in the number of COVID-19 cases in Q1 2020 led to lockdowns in countries such as the US, Canada, and Mexico. Thus, various non-urgent treatments and clinical visits were partially or completely suspended as per the pandemic guidelines released by the government. A few of the scheduled treatments were either delayed or postponed. Therefore, the demand for ortho pediatric devices decreased and adversely impacted market growth in 2020 and Q1 2021. However, the ortho pediatric devices market is expected to grow during the forecast period as countries in the region have initiated vaccination drives, which have led to a decline in the number of COVID cases. 

Key Highlights

  • CAGR of the market during the forecast period 2022-2026
  • Comprehensive details of factors that will challenge the growth of ortho pediatric devices market vendors
  • Detailed information on factors that will drive ortho pediatric devices market growth during the next five years
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • Precise estimation of the ortho pediatric devices market size and its contribution to the parent market
  • The growth of the ortho pediatric devices industry across North America, Europe, Asia, and the Rest of the World (ROW)

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Orthopedic Implants Market by Product and Geography - Forecast and Analysis 2021-2025 Download your sample

Incubators, Inhalators, Respirators, Resuscitators, and Other Breathing Devices Market by End user and Geography - Forecast and Analysis 2022-2026 Download your sample

Table of Contents

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Incremental Growth
    • Exhibit 07: Executive Summary – Data Table on Incremental Growth
    • Exhibit 08: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 09: Parent market
    • Exhibit 10: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 11: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 12: Market segments
  • 3.3 Market size 2021
  • 3.4 Market outlook: Forecast for 2021-2026
    • Exhibit 13: Chart on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 14: Data Table on Global - Market size and forecast 2021-2026 ($ million)
    • Exhibit 15: Chart on Global Market: Year-over-year growth 2021-2026 (%)
    • Exhibit 16: Data Table on Global Market: Year-over-year growth 2021-2026 (%)

4 Five Forces Analysis

  • 4.1 Five forces summary
    • Exhibit 17: Five forces analysis - Comparison between 2021 and 2026
  • 4.2 Bargaining power of buyers
    • Exhibit 18: Bargaining power of buyers – Impact of key factors in 2021 and 2026
  • 4.3 Bargaining power of suppliers
    • Exhibit 19: Bargaining power of suppliers – Impact of key factors in 2021 and 2026
  • 4.4 Threat of new entrants
    • Exhibit 20: Threat of new entrants – Impact of key factors in 2021 and 2026
  • 4.5 Threat of substitutes
    • Exhibit 21: Threat of substitutes – Impact of key factors in 2021 and 2026
  • 4.6 Threat of rivalry
    • Exhibit 22: Threat of rivalry – Impact of key factors in 2021 and 2026
  • 4.7 Market condition
    • Exhibit 23: Chart on Market condition - Five forces 2021 and 2026

5 Market Segmentation by Product

  • 5.1 Market segments
    • Exhibit 24: Chart on Product - Market share 2021-2026 (%)
    • Exhibit 25: Data Table on Product - Market share 2021-2026 (%)
  • 5.2 Comparison by Product
    • Exhibit 26: Chart on Comparison by Product
    • Exhibit 27: Data Table on Comparison by Product
  • 5.3 Trauma and deformities - Market size and forecast 2021-2026
    • Exhibit 28: Chart on Trauma and deformities - Market size and forecast 2021-2026 ($ million)
    • Exhibit 29: Data Table on Trauma and deformities - Market size and forecast 2021-2026 ($ million)
    • Exhibit 30: Chart on Trauma and deformities - Year-over-year growth 2021-2026 (%)
    • Exhibit 31: Data Table on Trauma and deformities - Year-over-year growth 2021-2026 (%)
  • 5.4 Smart implants - Market size and forecast 2021-2026
    • Exhibit 32: Chart on Smart implants - Market size and forecast 2021-2026 ($ million)
    • Exhibit 33: Data Table on Smart implants - Market size and forecast 2021-2026 ($ million)
    • Exhibit 34: Chart on Smart implants - Year-over-year growth 2021-2026 (%)
    • Exhibit 35: Data Table on Smart implants - Year-over-year growth 2021-2026 (%)
  • 5.5 Spine - Market size and forecast 2021-2026
    • Exhibit 36: Chart on Spine - Market size and forecast 2021-2026 ($ million)
    • Exhibit 37: Data Table on Spine - Market size and forecast 2021-2026 ($ million)
    • Exhibit 38: Chart on Spine - Year-over-year growth 2021-2026 (%)
    • Exhibit 39: Data Table on Spine - Year-over-year growth 2021-2026 (%)
  • 5.6 Sports medicine - Market size and forecast 2021-2026
    • Exhibit 40: Chart on Sports medicine - Market size and forecast 2021-2026 ($ million)
    • Exhibit 41: Data Table on Sports medicine - Market size and forecast 2021-2026 ($ million)
    • Exhibit 42: Chart on Sports medicine - Year-over-year growth 2021-2026 (%)
    • Exhibit 43: Data Table on Sports medicine - Year-over-year growth 2021-2026 (%)
  • 5.7 Market opportunity by Product
    • Exhibit 44: Market opportunity by Product ($ million)

6 Customer Landscape

  • 6.1 Customer landscape overview
    • Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

7 Geographic Landscape

  • 7.1 Geographic segmentation
    • Exhibit 46: Chart on Market share by geography 2021-2026 (%)
    • Exhibit 47: Data Table on Market share by geography 2021-2026 (%)
  • 7.2 Geographic comparison
    • Exhibit 48: Chart on Geographic comparison
    • Exhibit 49: Data Table on Geographic comparison
  • 7.3 North America - Market size and forecast 2021-2026
    • Exhibit 50: Chart on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 51: Data Table on North America - Market size and forecast 2021-2026 ($ million)
    • Exhibit 52: Chart on North America - Year-over-year growth 2021-2026 (%)
    • Exhibit 53: Data Table on North America - Year-over-year growth 2021-2026 (%)
  • 7.4 Europe - Market size and forecast 2021-2026
    • Exhibit 54: Chart on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 55: Data Table on Europe - Market size and forecast 2021-2026 ($ million)
    • Exhibit 56: Chart on Europe - Year-over-year growth 2021-2026 (%)
    • Exhibit 57: Data Table on Europe - Year-over-year growth 2021-2026 (%)
  • 7.5 Asia - Market size and forecast 2021-2026
    • Exhibit 58: Chart on Asia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 59: Data Table on Asia - Market size and forecast 2021-2026 ($ million)
    • Exhibit 60: Chart on Asia - Year-over-year growth 2021-2026 (%)
    • Exhibit 61: Data Table on Asia - Year-over-year growth 2021-2026 (%)
  • 7.6 Rest of World (ROW) - Market size and forecast 2021-2026
    • Exhibit 62: Chart on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
    • Exhibit 63: Data Table on Rest of World (ROW) - Market size and forecast 2021-2026 ($ million)
    • Exhibit 64: Chart on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
    • Exhibit 65: Data Table on Rest of World (ROW) - Year-over-year growth 2021-2026 (%)
  • 7.7 US - Market size and forecast 2021-2026
    • Exhibit 66: Chart on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 67: Data Table on US - Market size and forecast 2021-2026 ($ million)
    • Exhibit 68: Chart on US - Year-over-year growth 2021-2026 (%)
    • Exhibit 69: Data Table on US - Year-over-year growth 2021-2026 (%)
  • 7.8 Germany - Market size and forecast 2021-2026
    • Exhibit 70: Chart on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 71: Data Table on Germany - Market size and forecast 2021-2026 ($ million)
    • Exhibit 72: Chart on Germany - Year-over-year growth 2021-2026 (%)
    • Exhibit 73: Data Table on Germany - Year-over-year growth 2021-2026 (%)
  • 7.9 UK - Market size and forecast 2021-2026
    • Exhibit 74: Chart on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 75: Data Table on UK - Market size and forecast 2021-2026 ($ million)
    • Exhibit 76: Chart on UK - Year-over-year growth 2021-2026 (%)
    • Exhibit 77: Data Table on UK - Year-over-year growth 2021-2026 (%)
  • 7.10 Canada - Market size and forecast 2021-2026
    • Exhibit 78: Chart on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 79: Data Table on Canada - Market size and forecast 2021-2026 ($ million)
    • Exhibit 80: Chart on Canada - Year-over-year growth 2021-2026 (%)
    • Exhibit 81: Data Table on Canada - Year-over-year growth 2021-2026 (%)
  • 7.11 France - Market size and forecast 2021-2026
    • Exhibit 82: Chart on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 83: Data Table on France - Market size and forecast 2021-2026 ($ million)
    • Exhibit 84: Chart on France - Year-over-year growth 2021-2026 (%)
    • Exhibit 85: Data Table on France - Year-over-year growth 2021-2026 (%)
  • 7.12 Market opportunity by geography
    • Exhibit 86: Market opportunity by geography ($ million)

8 Drivers, Challenges, and Trends

  • 8.1 Market drivers
  • 8.2 Market challenges
  • 8.3 Impact of drivers and challenges
    • Exhibit 87: Impact of drivers and challenges in 2021 and 2026
  • 8.4 Market trends

9 Vendor Landscape

  • 9.1 Overview
  • 9.2 Vendor landscape
    • Exhibit 88: Overview on Criticality of inputs and Factors of differentiation
  • 9.3 Landscape disruption
    • Exhibit 89: Overview on factors of disruption
  • 9.4 Industry risks
    • Exhibit 90: Impact of key risks on business

10 Vendor Analysis

  • 10.1 Vendors covered
    • Exhibit 91: Vendors covered
  • 10.2 Market positioning of vendors
    • Exhibit 92: Matrix on vendor position and classification
  • 10.3 Arthrex Inc.
    • Exhibit 93: Arthrex Inc. - Overview
    • Exhibit 94: Arthrex Inc. - Product / Service
    • Exhibit 95: Arthrex Inc. - Key offerings
  • 10.4 Johnson and Johnson Inc.
    • Exhibit 96: Johnson and Johnson Inc. - Overview
    • Exhibit 97: Johnson and Johnson Inc. - Business segments
    • Exhibit 98: Johnson and Johnson Inc. - Key news
    • Exhibit 99: Johnson and Johnson Inc. - Key offerings
    • Exhibit 100: Johnson and Johnson Inc. - Segment focus
  • 10.5 Nuvasive Inc.
    • Exhibit 101: Nuvasive Inc. - Overview
    • Exhibit 102: Nuvasive Inc. - Business segments
    • Exhibit 103: Nuvasive Inc. - Key news
    • Exhibit 104: Nuvasive Inc. - Key offerings
    • Exhibit 105: Nuvasive Inc. - Segment focus
  • 10.6 Orthofix Medical Inc.
    • Exhibit 106: Orthofix Medical Inc. - Overview
    • Exhibit 107: Orthofix Medical Inc. - Business segments
    • Exhibit 108: Orthofix Medical Inc. - Key news
    • Exhibit 109: Orthofix Medical Inc. - Key offerings
    • Exhibit 110: Orthofix Medical Inc. - Segment focus
  • 10.7 OrthoPediatrics Corp.
    • Exhibit 111: OrthoPediatrics Corp. - Overview
    • Exhibit 112: OrthoPediatrics Corp. - Business segments
    • Exhibit 113: OrthoPediatrics Corp. - Key news
    • Exhibit 114: OrthoPediatrics Corp. - Key offerings
    • Exhibit 115: OrthoPediatrics Corp. - Segment focus
  • 10.8 Pega Medical Inc.
    • Exhibit 116: Pega Medical Inc. - Overview
    • Exhibit 117: Pega Medical Inc. - Product / Service
    • Exhibit 118: Pega Medical Inc. - Key offerings
  • 10.9 Smith and Nephew plc
    • Exhibit 119: Smith and Nephew plc - Overview
    • Exhibit 120: Smith and Nephew plc - Business segments
    • Exhibit 121: Smith and Nephew plc - Key news
    • Exhibit 122: Smith and Nephew plc - Key offerings
    • Exhibit 123: Smith and Nephew plc - Segment focus
  • 10.10 Stryker Corp.
    • Exhibit 124: Stryker Corp. - Overview
    • Exhibit 125: Stryker Corp. - Business segments
    • Exhibit 126: Stryker Corp. - Key news
    • Exhibit 127: Stryker Corp. - Key offerings
    • Exhibit 128: Stryker Corp. - Segment focus
  • 10.11 WishBone Medical Inc.
    • Exhibit 129: WishBone Medical Inc. - Overview
    • Exhibit 130: WishBone Medical Inc. - Product / Service
    • Exhibit 131: WishBone Medical Inc. - Key offerings
  • 10.12 Zimmer Biomet Holdings Inc.
    • Exhibit 132: Zimmer Biomet Holdings Inc. - Overview
    • Exhibit 133: Zimmer Biomet Holdings Inc. - Business segments
    • Exhibit 134: Zimmer Biomet Holdings Inc. - Key news
    • Exhibit 135: Zimmer Biomet Holdings Inc. - Key offerings
    • Exhibit 136: Zimmer Biomet Holdings Inc. - Segment focus

11 Appendix

  • 11.1 Scope of the report
  • 11.2 Inclusions and exclusions checklist
    • Exhibit 137: Inclusions checklist
    • Exhibit 138: Exclusions checklist
  • 11.3 Currency conversion rates for US$
    • Exhibit 139: Currency conversion rates for US$
  • 11.4 Research methodology
    • Exhibit 140: Research methodology
    • Exhibit 141: Validation techniques employed for market sizing
    • Exhibit 142: Information sources
  • 11.5 List of abbreviations
    • Exhibit 143: List of abbreviations

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