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Bone Distractors Market 2019-2023 | Evolving Opportunities With Arthrex Inc. and Innomed Inc. | Technavio

07:36 EDT 13 Sep 2019 | Businesswire
Technavio Research

Technavio has been monitoring the global bone distractors market since 2018 and the market is poised to grow by USD 71.94 million during 2019-2023, progressing at a CAGR of close to 6% during the forecast period.

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Technavio has announced its latest market research report titled global bone distractors market 2019-2023. (Graphic: Business Wire)

Technavio has announced its latest market research report titled global bone distractors market 2019-2023. (Graphic: Business Wire)

Read the 139-page research report with TOC on "Bone Distractors Market Analysis Report by product (mandibular distractors, palatal distractors, small bone distractors, alveolar distractors, and others), placement type (internal distractors, and external distractors) and geographical regions (North America, Europe, Asia, and ROW), and Segment Forecasts, 2019 - 2023".

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The market is driven by increasing awareness and financial assistance for treatment of bone deformities. In addition, the presence of favorable reimbursement policies is anticipated to further boost the growth of the bone distractors market.

Several public and private organizations across the world are conducting awareness and advertising campaigns, workshops, and programs to raise awareness about the treatment of bone deformities. Moreover, companies that manufacture medical devices also receive funding from several organizations to develop devices for the treatment of pediatric patients with various diseases. Thus, increasing awareness and provision of financial assistance will increase the demand for medical devices such as bone distractors during the forecast period.

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Major Five Bone Distractors Companies:

Arthrex Inc.

Arthrex Inc. is a pioneer in the field of arthroscopy offering orthopedic products for knee, shoulder, hip, hand and wrist, foot and ankle, and elbow extremities. The company offers various products under the bone distractors category which includes Ankle Distractors, Hip Distraction System, and Mini Joint Distractors.

Innomed Inc.

Innomed Inc. offers surgical instruments for general orthopedic revision, spine, and trauma procedures as well as for extremities such as the hip, knee, shoulder and elbow, foot and ankle, and hand and wrist. The company’s key offerings include extra small joint, calcaneal and small bone distractor; joint, calcaneal, small bone compressor/distractor; joint, calcaneal and small bone compressor/distractors with speed lock.

Johnson & Johnson Services Inc.

Johnson & Johnson Services Inc. is one of the most popular companies in the healthcare industry, with business operations in the pharmaceuticals, and medical devices segment. The company offers craniomaxillofacial (CMF) Distractor, curvilinear distraction system, and maxillary distractor under its bone distractors category.

KLS Martin Group

KLS Martin Group offers products such as implant systems, surgical laser systems, electrosurgery units, OR lights, sterilization containers, and surgical instruments. Under its bone distractors segment, the company offers the RED II Distraction System, Rotterdam Palatal Distractor, and Kawamoto Midface Distractor.

Stryker Corp.

Stryker Corp. owns and operates business operations under various segments such as MedSurg, orthopaedics, neurotechnology and spine. The company’s key offerings in the bone distractors market include advanced midface distractor, and multi-guide ii mandibular distractor.

Technavio has segmented the bone distractors marketbased on the material and region.

Bone distractors Material Outlook (Revenue, USD Million, 2019 - 2023)

  • Mandibular distractors
  • Palatal distractors
  • Small bone distractors
  • Alveolar distractors
  • Others

Bone distractors Regional Outlook (Revenue, USD Million, 2019 - 2023)

  • Asia
  • Europe
  • North America
  • ROW

Technavio’s sample reports are free of charge and contain multiple sections of the report, such as the market size and forecast, drivers, challenges, trends, and more. Request a free sample report

Related Reports on Healthcare are:

Bone Growth Stimulation Devices Market – Global Bone Growth Stimulation Devices Market by product (external and internal devices) and geography (the Americas, APAC, and EMEA).

Bone Cement Market in US– Bone Cement Market in US by product (antibiotic-loaded bone cement and non-antibiotic bone cement) and end-user (hospitals, ambulatory surgery centers (ASCs), and others).

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
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