North America Pediatric Orthopedic Implants Market Growth and Recent Trends by 2027
Historic Data: 2017-2018 | Base Year: 2019 | Forecast Period: 2020-2027North America Pediatric Orthopedic Implants Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Type (Hip Implants, Knee Implants, Spine Implants, Craniomaxillofacial Implants, Dental Implants, Others); Application (Birth Deformities, Limping, Broken Bones, Bone and Joint Infection, Spinal Deformities, Others); End User (Hospitals, Pediatric Clinics, Others,), and Country
- Report Date : Mar 2021
- Report Code : TIPRE00020145
- Category : Life Sciences
- Status : Published
- Available Report Formats :
- No. of Pages : 138
The North America Pediatric Orthopedic Implants market is expected to reach US$ 2,792.9 million by 2027 from US$ 1,306.8 million in 2019; it is anticipated to grow at a CAGR of 10.1% during 2019–2027.
The key factors driving the market growth are increasing sports injuries and bone deformities among children and increasing awareness and adoption of orthopaedic solutions and treatments. In addition, growing demand for higher quality products is also expected to drive the market growth by 2027. However, post-surgical complications associated to Pediatric Orthopedic Implants market is the major factor hindering the market growth in North America.
Pediatric orthopedic implants are the surgical implants that help in healing bone and spine injuries with deformities. These are designed for pediatric patients specifically. Since children have growing anatomy and the strength of the skeletal system is less, these medical conditions regarding orthopedics require special equipment to fix the deformation in bone, skeleton and other dislocation.
Increasing sports injuries and bone deformities among children is anticipated to drive the adoption of Pediatric Orthopedic Implants, which would eventually drive the Pediatric Orthopedic Implants market during the forecast period. According to a 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. 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
Johnson and Johnson, Stryker Corporation, OrthoPediatrics Corp., Wishbone Medical, Inc. are among the major companies in Pediatric Orthopedic Implants market.
COVID-19 pandemic has become the most significant challenge across the North America region. This challenge will be frightening the countries across the region as it will lead to reducing imports due to disruptions in global trade, which further increases the shortages of Pediatric Orthopedic Implants, resulting in a considerable price increase. Manufacturers are also experiencing raised prices and potential shortages of raw ingredients due to supply restrictions.
US Pediatric Orthopedic Implants Market, Revenue and Forecast to 2027 (US$ Mn)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
NORTH AMERICA PEDIATRIC ORTHOPEDIC IMPLANTS MARKET SEGMENTATION
By Type
- Hip Implants
- Knee Implants
- Spine Implants
- Craniomaxillofacial Implants
- Dental Implants
- Others
By Application
- Birth Deformities
- Limping
- Broken Bones
- Bone and Joint Infection
- Spinal Deformities
- Others
By End User
- Hospitals
- Pediatric Clinics
- Others
By Country
- US
- Canada
- Mexico
Company Profiles
- Johnson and Johnson Services
- Pega Medical
- Arthrex, Inc.
- Stryker Corporation
- OrthoPediatrics Corp
- Wishbone Medical, Inc.
- Samay Surgical
- Vast Ortho
- Merete GmbH
- Suhradam Ortho
North America Pediatric Orthopedic Implants Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 1,306.8 Million |
| Market Size by 2027 | US$ 2,792.9 Million |
| Global CAGR (2019 - 2027) | 10.1% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
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- Johnson and Johnson Services
- Pega Medical
- Arthrex, Inc.
- Stryker Corporation
- OrthoPediatrics Corp
- Wishbone Medical, Inc.
- Samay Surgical
- Vast Ortho
- Merete GmbH
- Suhradam Ortho
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