Pelvis Reconstruction Plate Market

PELVIS RECONSTRUCTION PLATE MARKET REPORT OVERVIEW

The global Pelvis Reconstruction Plate Market Size was USD1160.37 million in 2024 and the market is projected to touch USD 1790.81million by 2031, exhibiting a CAGR of 7.50% during the forecast period.

The pelvis reconstruction plates are medical devices which are used for connecting pelvis fractured bones. The pelvis plate system is a collection of plates, screws, and instrumentation. The reconstruction plates are used for fracture, fusion, and other. The plates are made-up of stainless steel or titanium. It offers support to heal and retain the coalition of the fractured bones. These plates are of two types such as fixed and movable plates.

With the growing incidence of pelvis fractures due to several reasons the demand for these plates are growing very fast. Investments in research and developments by organizations are encouraging manufacturers to create reliable and efficient tools along with the advanced technologies. There are many opportunities for producing innovative plates and increasing market at a faster pace.

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

In the pandemic, this market also had a phase of slow growth due to the slowdown of the supply chain and other areas which are connected with this market are highly affected such as production, manufacturing units and others. However, the COVID-19 pandemic had helped in the industry to tackle the situation for the future. The disruptions in the import and export system hampered the production and demand of the devices. However, with the growing technologies and recovery from pandemic, this market has great potential to grow further and faster.

"Incorporation of Titanium Based Reconstruction Plates to Propel Market Growth"

The most recent trends in the market of reconstruction plates are the inclusion of titanium-based reconstruction plates and the incorporation of advanced technologies. These trends are propelling the market growth. The 3D printing technology is used for creating customizes plating based on individuals.

PELVIS RECONSTRUCTION PLATE MARKET SEGMENTATION

By Type

Based on type the market can be categorized Locking & Non-Locking

• Locking: The Locking type of plate contains specialized screws that limits the motions and improves the stability. It is used in a complex fracture for better control.
• Non-Locking: The non-locking plate relies on friction between the bone and plate for stabilizing the fracture. It is mainly used in simpler fractures.

By Application

Based on application the market can be categorized into Hospitals, Ambulatory Surgical Centers, Clinics, & Others

• Hospitals: The hospitals are major contributors in the market growth because of being primary healthcare centers. The availability of advanced infrastructure and skilled doctors increases the demand.
• Ambulatory Surgical Centers: In the ambulatory surgical center, uses these plates for treatment of pelvis fracture along with providing special treatment service.
• Clinics: The clinics are treating patients of pelvis fracture using these plates with more option than traditional way of treatments.
• Others: There are other medical centers such as trauma or orthopedic centers that also include pelvis plates for effective treatment and management.

"Increasing Incidence of Pelvis Fractures to Impel the Market Expansion"

It is one of the key driving factors for the Pelvis Reconstruction Plate MarketGrowth due to increasing incidences of pelvis fractures. The incidence occurs due to several reasons such as sports injuries, trauma, and accidents. Due to the increasing elderly populations who have higher probability for fall or osteoporosis are increasing demands for such types of plates. The advanced designs enhance the efficiency and propelling market growth.

"Rising Awareness of Orthopedic Surgeries Pushed the Market Growth"

The rising demand for reconstruction plates is because of increasing awareness of orthopedic surgeries. The knowledge of presence and availability of advanced medical treatment and its advantages propel patients to utilize these facilities and increase market growth. The investment of research and development forces professionals and manufacturers to improve the end results of surgeries and produce innovative products.

"Negative Impacts after Surgery Impede Market Growth"

The most important factor that impedes the market growth is the increasing risk of side-effects of the pelvis treatment in an individual. The rising concern of reconstruction plates forced regulatory authorities to ban unsure products. The complications arise are such as infections, mesh erosion, and other negative impacts. This affects companies’ brand credibility and trust of the end-user which decrease demand and restrain market growth.

PELVIS RECONSTRUCTION PLATE REGIONAL INSIGHTS

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

"North America Dominates the Market due to Presence of Advanced Healthcare Facility"

The North America region is dominating the Pelvis Reconstruction Plate MarketShare due to the presence of advanced healthcare centers and infrastructure. Due to the fast adoption of new medical technologies and improving hospital services are contributing to the growth of market share. The U.S. is dominating in the North America region. The Asia Pacific region is increasing their market share significantly. China is leading in its region and making the Asia Pacific region to grow fast due to rising demand and improving infrastructures.

"Key Players Transforming the Pelvis Reconstruction Plate Landscape through Investment on R&D and Strategy Partnership"

Many prominent industry players are operating in this market focused on providing enhanced plates with biomechanical properties. However, there are many companies in the market that use some techniques such as merger, acquisitions, partnership and using new advanced technologies for producing and developing new products and stay ahead in the market.

• Acumed (U.S.)
• Dieter Marquardt Medizintechnik (Germany)
• Stryker (U.S.)
• DePuy Synthes (U.S.)
• Deva Tibbi Malzemeler (Turkey)
• Madison Ortho (India)
• Auxein Medical (India)
• SorathOrtho (India)
• Zimmer Biomet (U.S.)
• Double Medical Technology (China)
• INTERCUS (Germany)
• Lepu Medical Technology (China)
• Shanghai Sanyou Medical (China)

July 2022: Onkos Surgical, U.S. based an orthopedic company, announced the sanction of its products My3D Personalized Pelvic Reconstruction System. This system provides 3D- printed models and implants for accurate restoration of anatomic.

This report is based on historical analysis and forecast calculation that aims to help readers get a comprehensive understanding of the global pelvis reconstruction plate market from multiple angles, which also provides sufficient support to readers’ strategy and decision-making. Also, this study comprises a comprehensive analysis of SWOT and provides insights for future developments within the market. It examines varied factors that contribute to the growth of the market by discovering the dynamic categories and potential areas of innovation whose applications may influence its trajectory in the upcoming years. This analysis encompasses both recent trends and historical turning points into consideration, providing a holistic understanding of the market’s competitors and identifying capable areas for growth.

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.