Orthopedic Extension Devices Market, by Product Type (Hip Surgery, Knee Surgery, Spine Surgery, Arm Surgery, and Others), and by End User (Hospitals, Ambulatory Surgical Centers, and Specialty Clinics), and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Orthopedic extension devices are used as accessories with operating tables in order to support the patient’s safety and ease the workflow of surgical procedures. The increasing demand for surgical procedures such as hip surgery, knee surgery and other orthopedic surgeries is driving demand for advanced orthopedic operating tables and extension devices. These devices allow doctors to carry out a variety of procedures during the surgery.
Market Dynamics
The factors impacting growth of the orthopedic extension devices market include the rising number of accidents, bone injuries, and fractures. For instance, according to the World Health Organization’s factsheet of 2018, each year there are around 37.3 million falls which require medical attention, and an estimated 646,000 individuals die from these falls every year. According to the Global Burden of Disease report published by Lancet in 2015, road injuries are one of leading causes of disease burdens worldwide.
Moreover, companies are developing advanced technologies to improve patient handling and to improve the workflow during surgical procedures which is creating a conducive environment for growth of the orthopedic extension devices market. For instance, in January 2018, Merivaara announced the launch of the Practico operating tables range for elective procedures. The Practico Max Hi goes up to 45 inches, while the Practico Max Lo goes down to 21.3 inches, making it one of the lowest mobile tables. The tables have safety sensor which automatically stop the movement of the table when the leg section touches the base. The tables also have a simple hand control with an easy user interface and several memory positions that save the staff from unnecessary hassle.
However, high cost of products results in unaffordability to the small setup of hospitals based in developing regions which is expected to restrain the market growth over the forecast period.
Key features of the study:
This report provides in-depth analysis of the orthopedic extension devices market and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global orthopedic extension devices market based on the following parameters – company overview, financial performance, product portfolio, market presence, distribution strategies, key developments, strategies, and future plans
Key companies covered as part of this study include Allen Medical Systems Inc., Alliance Impex, Condor Medicaltechnik, DRE Medical, ImplanTec, IOT- Innovative Orthopedic Technologies, Mediland Enterprise, Merivaara, MIKAI, Mizuho OSI, NUOVA BN, OPT SurgiSystems, Schaerer Medical, Schmitz u. Soehne, Skytron, Smith & Nephew, St. Francis Medical Equipment, TECHNOMED INDIA, and TRUMPF Medizin Systeme GmBH.Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, technology upgradation, market expansion, and marketing tactics
The global orthopedic extension devices market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the orthopedic extension devices market
Detailed Segmentation:
Global Orthopedic Extension Devices Market, By Product Type:
Hip Surgery
Knee Surgery
Spine Surgery
Arm Surgery
Others
Global Orthopedic Extension Devices Market, By End User:
Hospitals
Ambulatory Surgical Centers
Speciality Clinics
Global Orthopedic Extension Devices Market, By Region:
North America
By Product Type:
Hip Surgery
Knee Surgery
Spine Surgery
Arm Surgery
Others
By End User:
Hospitals
Ambulatory Surgical Centers
Speciality Clinics
By Country:
U.S.
Canada
Latin America
By Product Type:
Hip Surgery
Knee Surgery
Spine Surgery
Arm Surgery
Others
By End User:
Hospitals
Ambulatory Surgical Centers
Speciality Clinics
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Europe
By Product Type:
Hip Surgery
Knee Surgery
Spine Surgery
Arm Surgery
Others
By End User:
Hospitals
Ambulatory Surgical Centers
Speciality Clinics
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type:
Hip Surgery
Knee Surgery
Spine Surgery
Arm Surgery
Others
By End User:
Hospitals
Ambulatory Surgical Centers
Speciality Clinics
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Product Type:
Hip Surgery
Knee Surgery
Spine Surgery
Arm Surgery
Others
By End User:
Hospitals
Ambulatory Surgical Centers
Speciality Clinics
By Country:
GCC
Israel
Rest of Middle East
Africa
By Product Type:
Hip Surgery
Knee Surgery
Spine Surgery
Arm Surgery
Others
By End User:
Hospitals
Ambulatory Surgical Centers
Speciality Clinics
By Country/Region:
South Africa
Central Africa
North Africa
Company Profiles
Allen Medical Systems *
Company Overview
Product Portfolio
Financial Performance
Key Highlights
Market Strategies
Alliance Impex
Condor Medicaltechnik
DRE Medical
ImplanTec
IOT - Innovative Orthopedic Technologies
Mediland Enterprise
Merivaara
MIKAI
Mizuho OSI
NUOVA BN
OPT SurgiSystems
Schaerer Medical
Schmitz u. Soehne
Skytron
Smith & Nephew
St. Francis Medical Equipment
TECHNOMED INDIA
TRUMPF Medizin Systeme
“*” marked represents similar segmentation in other categories in the respective section
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