[195+ Pages Report] According to Facts & Factors, the global bone distractors market report offers the complete market history and forecast analysis. An in-detail market analysis showed the global bone distractors market to have witnessed a value of USD 68 Billion in 2020 and with growth at a CAGR of 8% is expected to reach a market value of USD 135 Billion by 2026.
Bone distractors are surgical tools utilized for carrying out numerous surgical activities such as distraction osteogenesis. The surgical processes such as orthopedic surgery, podiatric surgery, oral and maxillofacial surgery are where these products are used to fix or correct skeletal deformities. The bone distractors help keep the pieces of the broken bones apart during the reconstructive surgery. The filling in of the gap during the intensive tensile stress helps heal the bones. At the time of bone consolidation, the bone distractors are removed.
Rising concerns and financial support rendered by various organizations across the world through advertising campaigns, workshops, and spreading knowledge regarding treatments and bone deformities are projected to drive the global bone distractors market growth. Additionally, the development of medical tools to treat various conditions is another added advantage for the bone distractors market growth. The advancements in bone distractors such as the development of miniaturized versions are likely to boost the market expansion during the forecast period.
The level of comfort and strength & durability of the bone distractors further augment the market development. Most importantly, the rising number of craniofacial anomalies, bone defects, feasible reimbursement policies, and growing financial support is anticipated to augment the market. However, complications associated with the use of bone distractors, shortage of skilled orthopedic surgeons, and the increasing number of product recalls may hamper the growth of the bone distractors industry over the forecast period.
The global bone distractors market is segmented into type, application, and regions. Based on type, the global bone distractors market is divided into mandibular distractors, palatal distractors, implantable bone distractors, alveolar distractors, small bone distractors, and others. The mandibular distractors segment holds the highest share.
The growth is due to the growing number of facial deformities and the ability of these distractors to lower the requirement for invasive surgeries. On the basis of application, the market is categorized into research institutes, ambulatory surgical centers, specialty centers, hospitals, and others.
Report Attribute |
Details |
Market Size in 2020 |
USD 68 Billion |
Projected Market Size in 2026 |
USD 135 Billion |
CAGR Growth Rate |
8% CAGR |
Base Year |
2020 |
Forecast Years |
2021-2026 |
Key Market Players |
Stryker Corp., Innomed, Inc., Arthrex, Inc., Johnson & Johnson Services, Inc., KLS Martin Group, Zimmer Biomet Holdings, Inc., Acumed, Vilex, and Cibei. |
Key Segment |
By Type, By Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa |
Purchase Options |
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North America is anticipated to dominate the global bone distractors market due to the rising demand for orthopedic and craniofacial surgeries coupled with the increasing healthcare expenditure. Furthermore, the growing number of healthcare infrastructure, advanced medicinal services, and surgical centers. On the other hand, Asia Pacific shows a significant growth rate due to rising awareness regarding bone distractors.
Some of the key players dominating the global bone distractors market include :
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