Orthopedic Compression Implant Market

Orthopedic Compression Implant Market: Global Industry Trend Analysis 2013 to 2017 and Forecast 2018 - 2026

ID: PMRREP26254

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Author : Abhijeet Surwase

Market Overview

Implants are tissue or devices that are fixed inside the body or on the surface of the body. There are different types of implants such as dental, orthopedic and others. Orthopedic compression implant is a type of medical devices which is used to provide fixation of bones or to replace articulating joint surfaces.

In compression mode, the fracture is fixed by joining the two fragments close to each other in order to oppose the fragments well. It increases the contact area and the stability in between the fragments by reducing the stress on the implants. Compression fracture gap is mostly reduced by Direct compression plate or Muller compression device.

Orthopedic compression implant mainly constitutes of titanium alloys or stainless steel to provide strength and bound with plastic to act as artificial cartilage. The most frequently used polymers and metals for orthopedic compression implant are cobalt-chromium alloys, stainless steel, ultrahigh molecular weight polyethylene, titanium alloys, and polymethyl methacrylate.

Mostly during surgery, patients with fractures are usually treated with compression bone plates which is made of stainless steel, Cr-Co, and Titanium alloys as because the stiffness of these metals is much higher than human cortical bone. Few of the orthopedic compression implant mostly used in surgeries are locking compression plates orthopedic compression implant which is widely used in fractures of the bones, infusion, and union of smaller bone fragments, osteotomies.

The increase in the number of replacement surgeries is driving the demand for orthopedic compression implant worldwide. Factors that drive the growth of the global orthopedic compression implant market are the increase in the prevalence of orthopedic diseases or injuries and the rapid growth in the aged population.

Moreover, advancement in technology such as robotic surgical tools stimulates the orthopedic compression implant market. Dynamic compression implant plates which are made of metal has lost its popularity in orthopedic surgery due to the use of metals which constitutes 78%.

New technologies in orthopedic compression implant are booming the overall market. For e.g., DePuy Synthes has developed SPEEDTITAN orthopedic compression implant which is a continuous active compression made of nickel-titanium (NiTiNOL) used for osteotomy fixation and fracture and joint arthrodesis for the foot and hand.

However, a high cost of expenditure in surgical procedures of orthopedic compression implant and strict government policies may restrain the growth of the orthopedic compression market. Increase in research and development in orthopedic compression implant and growing economies are expected to provide new market opportunities for orthopedic compression implant market.

The report covers exhaustive analysis

  • Orthopedic Compression Implant Market Segments
  • Orthopedic Compression Implant Market Dynamics
  • Historical Actual Market Size, 2013 - 2017
  • Orthopedic Compression Implant Market Size & Forecast 2018 to 2028
  • Orthopedic Compression Implant Agents Current Trends/Issues/Challenges
  • Competition & Companies involved
  • Orthopedic Compression Implant Market Drivers and Restraints

Report Highlights

  • Shifting Industry dynamics
  • In-depth market segmentation
  • Historical, current and projected industry size Recent industry trends
  • Key Competition landscape
  • Strategies for key players and product offerings
  • Potential and niche segments/regions exhibiting promising growth
  • A neutral perspective towards market performance
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