Global Distal Compression Plates Market Size study, By Type (Conventional Distal Compression Plates, Fixed Angle Locking Distal Compression Plates), By Application (Hospitals, Orthopedic Clinics, Other), and Regional Forecasts 2022-2028Global Distal Compression Plates Market is valued approximately USD XX million in 2021 and is anticipated to grow with a healthy growth rate of more than XX % over the forecast period 2022-2028. Distal Compression Plates refer to medical devices employed to stabilize and immobilize fractures of the distal radius. The device is inserted into the fracture site and facilitates in the proper healing of the bone by compression effect. Distal compression plates come in a variety of shapes and sizes. Distal Compression plates categorized into Conventional Distal Compression Plates, Fixed Angle Locking Distal Compression Plates. The rising incidences of distal radius fractures and increasing geriatric population as well as surging demand for advanced treatment procedures are factors that are accelerating the global market demand. For instance, according to American Academy of Orthopaedic Surgeons- as of 2020, distal radius fracture is one of the most common fractures seen by orthopaedic surgeons with an incidence of 195.2/100,000 persons per year. Furthermore, as per United Nations estimates- In 2019, there were around 703 million persons aged 65 years or over in the world, and this number is projected to grow to 1500 billion by 2050. Also, rising prevalence of traumatic injuries and growing healthcare sector in emerging economies are anticipated to act as a catalyzing factor for the market demand during the forecast period. However, high cost of treatment associated with fracture surgeries impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Distal Compression Plates Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the leading region across the world in terms of market share owing to the growing geriatric population and presence of well-established healthcare infrastructure. Whereas, Asia Pacific is anticipated to exhibit a significant growth rate over the forecast period 2022-2028. Factors such as increasing incidences of orthopedic disorders and rising healthcare sector in emerging countries of the region, would create lucrative growth prospects for the Distal Compression Plates Market across the Asia pacific region.
Major market players included in this report are:
Skeletal Dynamics LLC
Stryker
JEIL Medical Corporation
Medimetal Ltd.
Zimmer Biomet
EgiFix Medical
Arthrex, Inc.
DePuy Synthes
TREU-Instrumente GmbH
Smith & Nephew
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type
Conventional Distal Compression Plates
Fixed Angle Locking Distal Compression Plates
By Application
Hospitals
Orthopedic Clinics
Other
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Distal Compression Plates Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Companies Mentioned
Skeletal Dynamics LLC
Stryker
JEIL Medical Corporation
Medimetal Ltd.
Zimmer Biomet
EgiFix Medical
Arthrex, Inc.
DePuy Synthes
TREU-Instrumente GmbH
Smith & Nephew
Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.
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