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. Orthopedic device means a piece of special equipment designed to correct deformities or to preserve and restore the function of the human skeletal system, its articulations and associated structures.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 data published in January 2022, in the Taylor And Francis Journal, a free serach engine for peer-reviewed articles and journals, worldwide, osteoporosis causes more than 8.9 million fractures annually. Fragility fractures are a leading cause of chronic disease morbidity. Overall, hip fractures cause the most morbidity and reported mortality rates in up to 20–24% in the first year after a hip fracture. According to the data published in May 2020, by The American Association for the Surgery of Trauma- the premier scholarly organization for surgeons dedicated to the field of trauma and the care of critically ill surgical patients, in the U.S, injury accounts for over 150,000 deaths and over 3 million non-fatal injuries per year. Around the world, injury is responsible for more than 5 million deaths per year.
Key features of the study:
- This report provides an in-depth analysis of the global orthopedic extension devices market and provides market size (US$ Million) and compound annual growth rate (CAGR) for the forecast period (2023–2030), considering 2022 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 ( A subsidiary of Hill-Rom Holdings, Inc, a part of Baxter), AllianceImpex, Condor MedTec GmbH, DRE Medical (An Avante Health Solutions company), Implantech, IOT Innovative Orthopedic Technologies AG, Mediland Enterprise Corporation, MERIVAARA CORP, Mikai S.p.A, Mizuho OSI, Ningbo Techart Medical Equipment Co.,Ltd, OPT SURGISYSTEMS S.R.L, Schaerer Medical, SCHMITZ u. Söhne GmbH & Co. KG, SKYTRON, LLC, Smith & Nephew plc, St.Francis Medical Equipment Co., Ltd, TECHNOMED INDIA, TRUMPF 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:
- Knee Surgery
- Hip 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
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa
- Company Profiles
- Allen Medical Systems, Inc ( A subsidiary of Hill-Rom Holdings, Inc, a part of Baxter)
- AllianceImpex
- Condor MedTec GmbH
- DRE Medical (An Avante Health Solutions company)
- Implantech
- IOT Innovative Orthopedic Technologies AG
- Mediland Enterprise Corporation
- MERIVAARA CORP.
- Mikai S.p.A
- Mizuho OSI
- Ningbo Techart Medical Equipment Co.,Ltd
- OPT SURGISYSTEMS S.R.L
- Schaerer Medical
- SCHMITZ u. Söhne GmbH & Co. KG
- SKYTRON, LLC
- Smith & Nephew plc
- Francis Medical Equipment Co., Ltd
- TECHNOMED INDIA
- TRUMPF
