Global Ortho Pediatric Devices Market Size By Type (Oral Device, Extra-oral Device), By Application (Hospital, Clinic), By Region, And Segment Forecasts, 2023 to 2032
Report Id: 22661 | Published Date: Nov 2024 | No. of Pages: | Base Year for Estimate: Nov 2024 | Format:
The Global Ortho Pediatric Devices Market
was valued at USD 2.3 billion in 2023 and is expected to reach USD 4.7 billion
by 2031, registering a CAGR of 9.1% during the forecast period from 2023 to
2031. This market growth is driven by the increasing prevalence of pediatric
orthopedic disorders, rising awareness of early intervention in children, and
advancements in orthopedic technology designed specifically for pediatric
patients. The demand for ortho pediatric devices such as braces, fixation
devices, and spinal systems is increasing as healthcare providers focus on
improving outcomes in pediatric orthopedic care.
Drivers:
Increasing Incidence of Pediatric
Orthopedic Disorders: A rise in the number of musculoskeletal disorders, such
as scoliosis, congenital deformities, and traumatic injuries in children, is
driving the demand for specialized ortho pediatric devices.
Technological Advancements in Pediatric
Orthopedics: Innovation in materials, minimally invasive surgery techniques,
and patient-specific implants are contributing to better outcomes and increased
adoption of pediatric orthopedic devices.
Rising Awareness of Early Intervention:
Early detection and treatment of orthopedic conditions in children are becoming
more common, boosting the need for advanced pediatric orthopedic solutions.
Restraints:
High Cost of Pediatric Orthopedic Devices:
Advanced pediatric orthopedic devices are often expensive, which can hinder
adoption, particularly in lower-income regions.
Limited Availability of Specialized
Pediatric Surgeons: A shortage of healthcare professionals specialized in
pediatric orthopedics may slow down the market growth.
Opportunity:
Emerging Markets: The expansion of
healthcare infrastructure in emerging markets presents significant growth
opportunities. Increasing healthcare expenditure and awareness of pediatric
health in regions like Asia-Pacific and Latin America are expected to drive
market expansion.
Innovations in Biodegradable Implants: The
development of biodegradable implants designed for pediatric patients offers
new opportunities for reducing complications and improving recovery times.
Market
by System Type Insights:
The Braces and Support Devices segment held
the largest market share in 2023. Braces are widely used for the treatment of
scoliosis and other conditions in children. The Spinal Devices segment is
expected to grow significantly, driven by advancements in spinal fusion
technologies and the rising incidence of pediatric scoliosis.
Market
by End-use Insights:
The Hospitals and Surgical Centers segment
accounted for over 60% of the market share in 2023, as these facilities perform
the majority of pediatric orthopedic procedures. The Home Care segment is also
growing as more families are opting for at-home recovery and treatment options
for their children, with the help of assistive devices.
Market
by Regional Insights:
North America dominated the market in 2023,
with high demand for advanced pediatric orthopedic devices, thanks to a
well-established healthcare system and high awareness. However, Asia-Pacific is
expected to exhibit the highest growth during the forecast period, driven by
increasing healthcare investments and the rising incidence of pediatric
orthopedic conditions.
Competitive
Scenario:
Key players in the Global Ortho Pediatric
Devices Market include Orthofix Medical Inc., Johnson & Johnson (DePuy
Synthes), Zimmer Biomet Holdings, Inc., Smith & Nephew PLC, and Medtronic
PLC. Companies are focusing on product innovation, partnerships with healthcare
institutions, and expanding their presence in emerging markets to strengthen
their market position.
Scope
of Work – Global Ortho Pediatric Devices Market
Report
Metric |
Details |
Market Size (2023) |
USD 2.3 billion |
Projected Market Size (2031) |
USD 4.7 billion |
CAGR (2023-2031) |
9.1% |
Key Segments by System Type |
Braces and Support Devices, Spinal
Devices |
Key Segments by End-use |
Hospitals and Surgical Centers, Home Care |
Leading Region |
North America |
Key Players |
Orthofix Medical Inc., Johnson &
Johnson (DePuy Synthes), Zimmer Biomet Holdings, Inc., Smith & Nephew
PLC, Medtronic PLC |
Growth Drivers |
Increasing pediatric orthopedic
disorders, technological advancements |
Opportunities |
Emerging markets, biodegradable implants |
Key
Market Developments:
In 2023, Orthofix Medical launched a new
range of braces specifically designed for pediatric patients, focusing on
comfort and long-term use.
In 2024, Medtronic PLC announced a
partnership with leading children's hospitals to develop patient-specific
implants for pediatric orthopedic surgery.
In 2025, Zimmer Biomet introduced minimally
invasive spinal systems designed to reduce recovery times for pediatric
patients undergoing scoliosis surgery.
FAQs:
What is the current market size of the
Global Ortho Pediatric Devices Market? The market was valued at USD 2.3 billion
in 2023.
What is the major growth driver of the
Global Ortho Pediatric Devices Market? The major growth driver is the
increasing incidence of pediatric orthopedic disorders and advancements in
orthopedic technologies.
Which is the largest region during the
forecast period in the Global Ortho Pediatric Devices Market? North America is
expected to be the largest region due to high demand for advanced pediatric
orthopedic devices.
Which segment accounted for the largest
market share in Global Ortho Pediatric Devices Market? The Braces and Support
Devices segment accounted for the largest market share in 2023.
Who are the key market players in the
Global Ortho Pediatric Devices Market? Key players include Orthofix Medical
Inc., Johnson & Johnson (DePuy Synthes), Zimmer Biomet Holdings, Inc.,
Smith & Nephew PLC, and Medtronic PLC.
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