Condylar Plate Fixation Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

Condylar Plate Fixation Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025

  • Transparency Market Research
  • Ongoing
  • Healthcare

Report Description

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Condylar fractures is a result of trauma caused to the condyle, which is a rounded projection of the bone usually meant for articulation with another bone. Treatment and fixation of condylar fractures are challenging owing to various obstacles faced by health care providers and surgeons such as lack of space during surgery and presence of major blood vessels adjoining the surgical site. Condylar plate fixation is a method employed to treat condylar fractures, wherein the surgeon fixes the fracture site with the condylar plate. Condylar plate fixation depends on various parameters such as the level of deformity of the fracture and the type of condylar fracture viz. dislocation, displacement, and deviated fracture. The design and dimension of a condylar plate is selected depending on the specific site of the fracture.

Growing incidence of traumatic injuries led by increase in the number of road accidents worldwide, rising sports participation in various countries (including the U.S., countries in Europe, and developing countries such as China, Brazil, and India) leading to increase in the number of musculoskeletal sports injuries, and growing elderly population are some of the major factors driving the global condylar plate fixation market. Increasing introduction of new and innovative products in the global condylar plate fixation market by major domestic players and surging demand for condylar plate fixation are some of the factors estimated to drive the global condylar plate fixation market from 2017 to 2025. However, failure of condylar plate fixation in certain cases, increasing rate of incidence of intra-operative and post-operative complications associated with condylar plate fixation, and high cost of the procedure are expected to restrain the global condylar plate fixation market from 2017 to 2025.

The global condylar plate fixation market has been segmented based on product, anatomical site of fracture, part of bone, end-user, and region. Based on product, the condylar plate fixation market has been segmented into straight condylar plates and curved condylar plates. The curved condylar plates segment is expected to register a comparatively high CAGR during the forecast period, owing to introduction of new products along with growing complexity of condylar fractures demanding unique, curved condylar plates. Based on anatomical site of fracture, the global condylar plate fixation market has been divided into humeral condylar plates, femoral condylar plates, mandibular condylar plates, tibial condylar plates, and others. Among these, the mandibular condylar plates segment is expected to dominate the global condylar plate fixation market from 2017 to 2025, owing to high incidence of mandibular condylar fractures worldwide. Based on part of bone, the global condylar plate fixation market has been segmented into distal, proximal, lateral, and medial. Based on end-user, the market has been divided into hospitals, orthopedic clinics, ambulatory surgery centers, and others. Among these, the hospitals segment is expected to dominate the global condylar plate fixation market between 2017 and 2025, due to factors such as increasing inpatient admissions related to fractures in hospitals worldwide and adequate reimbursements in hospital settings.

Based on region, the global condylar plate fixation market has been divided into five regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global market in 2016, owing to rise in sports participation in the region leading to increasing incidence of fractures, increase in per capita health care expenditure, and developed hospital infrastructure in the region leading to rising demand for new products by patients. Europe accounted for the second-largest share of the global condylar plate fixation market in 2016, followed by Asia Pacific. The condylar plate fixation market in Asia Pacific is expected to register a comparatively high CAGR from 2017 to 2025, due to growing number of road accidents in countries such as China and India and increasing sports participation as well as rising per capita health care expenditure in these countries.

Key players operating in the global condylar plate fixation market include Arthrex, Inc., Zimmer Biomet, DePuy Synthes, Aesculap, Inc., and B. Braun Company.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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