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High Tibial Osteotomy (HTO) Plates Market by Material (Metals and Polymers), and Technique (Open Wedge Technique, Closed Wedge Technique, and Other): Global Opportunity Analysis and Industry Forecast, 2017 - 2023

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LI_185073
Pages: 175
Oct 2018 | 489 Views
 
Author's : Tanvi Sapatnekar & Onkar Sumant
Tables: 50
Charts: 65
 

High Tibial Osteotomy (HTO) Plates Market Overview:

The global high tibial osteotomy (HTO) plates market generated $215 million in 2016 and is expected to reach $269 million by 2023, registering a CAGR of 3.2% from 2017 to 2023. High tibial osteotomy (HTO) is an orthopedic surgical procedure that is being increasingly used for the treatment of knee arthrosis. Research activities concluded that HTO is a potential treatment method for these patients with good long-term results. However, appropriate patient selection as well as precise surgical technique are imperative for maintaining the efficacy of the procedure.

The global HTO plates market is segmented based on material, technique, and region. By material, the market is bifurcated into metals and polymers. Based on technique, it is classified into open wedge technique, closed wedge technique, and other. Based on region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Increase in awareness about the high tibial osteotomy techniques such as wedge, dome, and distraction HTO techniques, in the market is set to supplement the growth of the market in the coming years. In addition, open wedge osteotomy is highly incorporated in the treatment of patients suffering from varus arthrosis, ACL deficiency, and medial compartment degenerative arthritis among others. This is expected to increase in demand for HTO plates across the globe, which would further fuel the growth from 2016 to 2023.

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Material segment review

Based on material, the high tibial osteotomy (HTO) plates market is bifurcated into metals and polymers. The metal HTO plates majorly consist of titanium and stainless-steel. The metals segment generated the highest revenue in 2016 and is expected to maintain its dominance throughout the forecast period. Whereas, the polymers segment is expected to grow at a rapid pace. The fact that metals are the most preferred and standard choice of material for the development of HTO plate has contributed to the rise in demand for this segment in the market. However, the disadvantages associated with the metallic HTO plates are expected to propel the transition of metallic HTO plates to polymer HTO plates. This further contributes to the highest CAGR registered by the polymer segment in the global market during the forecast period.

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Technique segment review

Based on technique, the high tibial osteotomy (HTO) plates market is classified into open wedge technique, closed wedge technique, and other. The open wedge technique is the predominant technique used for performing high tibial osteotomy, and hence, generated the highest revenue in 2016 and is expected to maintain its dominance throughout the forecast period. Whereas, R&D activities to explore the potential of closed wedge technique across high tibial osteotomies are on the rise. This contributes to the highest CAGR registered by this segment in the market during the forecast period.

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Region segment review

North America leads the global high tibial osteotomy (HTO) plates market, which is majorly attributed to the significant rise in the number of osteoporosis and osteoarthritis cases over the years. For instance, approximately 52 million men and women in the U.S. suffered from osteoporosis and low bone mass in 2010, which is expected to increase to more than 61 million by 2020. Since HTO plates are largely employed in the treatment of patients suffering from osteoporosis, increase in its prevalence in the countries across North America is expected to fuel its dominance throughout the study period.

Asia-Pacific is expected to witness rapid growth during the forecast period. The key factors supplementing the market growth include rise in geriatric population, availability of HTO plates at affordable prices, and improvement in healthcare infrastructure.

The major companies profiled in the report include DePuy Synthes (Johnson & Johnson), Arthrex, Inc., Zimmer Biomet, aap Implantate AG, Stryker Corporation, B. Braun Melsungen AG, Smith & Nephew, Wright Medical Group N.V., Acumed, LLC, and Amplitude Surgical. The other players operating in the global high tibial osteotomy (HTO) plates market include TriMed, Inc., Tornier, Inc., Medical & Optical Instruments Australia Pty Ltd, Novastep Inc., Integra LifeSciences Corporation, Securos, BioTek Instruments, Inc., Group FH Ortho, and OrthoPediatrics Corp.

Key Benefits for High Tibial Osteotomy (HTO) Plates Market:

  • The study provides an in-depth analysis along with the current trends and future estimations of the global high tibial osteotomy (HTO) plates market to elucidate the imminent investment pockets.

  • A comprehensive analysis of the factors that drive and restrict the market growth is provided.

  • The quantitative analysis of the industry from 2016 to 2023 is provided to enable the stakeholders to capitalize on the prevailing market opportunities.

  • An extensive analysis of the key segments of the industry is provided to understand the material and technique of high tibial osteotomy (HTO) plates applied globally.

  • The key players and their strategies are analyzed to understand the competitive outlook of the market.

High Tibial Osteotomy (HTO) Plates Key Market Segments:

By Material

  • Metals

  • Polymers

By Technique

  • Open-Wedge Technique

  • Closed-Wedge Technique

  • Other

By Region

  • North America

    • U.S.

    • Canada

    • Mexico

  • Europe

    • Germany

    • UK

    • France

    • Spain

    • Rest of Europe

  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • Rest of Asia-Pacific

  • LAMEA

    • Brazil

    • South Africa

    • Saudi Arabia

    • Rest of LAMEA

 

Chapter: 1: INTRODUCTION

1.1. Report description
1.2. Key market benefits for stakeholders
1.3. Key market segments
1.4. Research methodology

1.4.1. Secondary research
1.4.2. Primary research
1.4.3. Analyst tools & models

Chapter: 2: EXECUTIVE SUMMARY

2.1. CXO perspective

Chapter: 3: MARKET OVERVIEW

3.1. Market definition and scope
3.2. Key findings

3.2.1. Top investment pockets

3.3. Government Regulations

3.3.1. U.S.
3.3.2. European Union
3.3.3. Japan

3.4. Market share analysis, 2016
3.5. Porters five forces analysis
3.6. Market dynamics

3.6.1. Drivers

3.6.1.1. Rise in the incidence of bone-associated disorders across the globe
3.6.1.2. Technological advancements in the high tibial osteotomy plates
3.6.1.3. Rising geriatric population susceptible to bone disorders and increase in the number of road accidents

3.6.2. Restraints

3.6.2.1. High costs associated with HTO procedure
3.6.2.2. Surgical complications related to HTO along with the increasing preference for alternative treatment methods

3.6.3. Opportunity

3.6.3.1. Growth in healthcare infrastructure and increase in healthcare investment in emerging nations

3.7. Procedure Volume for High Tibial Osteotomy

3.7.1. Global High Tibial Osteotomy (HTO) Procedures
3.7.2. High Tibial Osteotomy (HTO) Procedures by Material
3.7.3. High Tibial Osteotomy (HTO) Procedures by Technique
3.7.4. High Tibial Osteotomy (HTO) Procedures by Region

Chapter: 4: HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY MATERIAL

4.1. Overview

4.1.1. Market size and forecast

4.2. Metals

4.2.1. Market size and forecast

4.3. Polymers

4.3.1. Market size and forecast

Chapter: 5: HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY TECHNIQUE

5.1. Overview

5.1.1. Market size and forecast

5.2. Open Wedge Technique

5.2.1. Market size and forecast

5.3. Closed Wedge Technique

5.3.1. Market size and forecast

5.4. Other

5.4.1. Market size and forecast

Chapter: 6: HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY REGION

6.1. Overview

6.1.1. Market size and forecast

6.2. North America

6.2.1. North America market size and forecast, by country

6.2.1.1. U.S. market size and forecast
6.2.1.2. Canada market size and forecast
6.2.1.3. Mexico market size and forecast

6.2.2. North America market size and forecast, by material
6.2.3. North America market size and forecast, by technique

6.3. Europe

6.3.1. Europe market size and forecast, by country

6.3.1.1. UK market size and forecast
6.3.1.2. France market size and forecast
6.3.1.3. Germany market size and forecast
6.3.1.4. Spain market size and forecast
6.3.1.5. Rest of Europe market size and forecast

6.3.2. Europe market size and forecast, by material
6.3.3. Europe market size and forecast, by technique

6.4. Asia-Pacific

6.4.1. Asia-Pacific market size and forecast, by country

6.4.1.1. China market size and forecast
6.4.1.2. Japan market size and forecast
6.4.1.3. India market size and forecast
6.4.1.4. Australia market size and forecast
6.4.1.5. Rest of Asia-Pacific market size and forecast

6.4.2. Asia-Pacific market size and forecast, by material
6.4.3. Asia-Pacific market size and forecast, by technique

6.5. LAMEA

6.5.1. LAMEA market size and forecast, by country

6.5.1.1. Brazil market size and forecast
6.5.1.2. Saudi Arabia market size and forecast
6.5.1.3. South Africa market size and forecast
6.5.1.4. Rest of LAMEA market size and forecast

6.5.2. LAMEA market size and forecast, by material
6.5.3. LAMEA market size and forecast, by technique

Chapter: 7: COMPANY PROFILES

7.1. Johnson & Johnson (DePuy Synthes)

7.1.1. Company overview
7.1.2. Company snapshot
7.1.3. Operating business segments
7.1.4. Product portfolio
7.1.5. Business performance
7.1.6. Key strategic moves and developments

7.2. Arthrex, Inc.

7.2.1. Company overview
7.2.2. Company snapshot
7.2.3. Operating business segments
7.2.4. Product portfolio
7.2.5. Business performance
7.2.6. Key strategic moves and developments

7.3. Zimmer Biomet

7.3.1. Company overview
7.3.2. Company snapshot
7.3.3. Operating business segments
7.3.4. Product portfolio
7.3.5. Business performance
7.3.6. Key strategic moves and developments

7.4. aap Implantate AG

7.4.1. Company overview
7.4.2. Company snapshot
7.4.3. Operating business segments
7.4.4. Product portfolio
7.4.5. Business performance
7.4.6. Key strategic moves and developments

7.5. Stryker Corporation

7.5.1. Company overview
7.5.2. Company snapshot
7.5.3. Operating business segments
7.5.4. Product portfolio
7.5.5. Business performance
7.5.6. Key strategic moves and developments

7.6. B. Braun Melsungen AG

7.6.1. Company overview
7.6.2. Company snapshot
7.6.3. Operating business segments
7.6.4. Product portfolio
7.6.5. Business performance
7.6.6. Key strategic moves and developments

7.7. Smith & Nephew Plc.

7.7.1. Company overview
7.7.2. Company snapshot
7.7.3. Operating business segments
7.7.4. Product portfolio
7.7.5. Business performance
7.7.6. Key strategic moves and developments

7.8. Wright Medical Group N.V.

7.8.1. Company overview
7.8.2. Company snapshot
7.8.3. Operating business segments
7.8.4. Product portfolio
7.8.5. Business performance
7.8.6. Key strategic moves and developments

7.9. Acumed, LLC

7.9.1. Company overview
7.9.2. Company snapshot
7.9.3. Operating business segments
7.9.4. Product portfolio
7.9.5. Business performance
7.9.6. Key strategic moves and developments

7.10. Amplitude Surgical

7.10.1. Company overview
7.10.2. Company snapshot
7.10.3. Operating business segments
7.10.4. Product portfolio
7.10.5. Business performance
7.10.6. Key strategic moves and developments

LIST OF TABLES

TABLE 01. GLOBAL HIGH TIBIAL OSTEOTOMY (HTO) PROCEDURES, 2016-2023 (MILLION PROCEDURES)
TABLE 02. HIGH TIBIAL OSTEOTOMY (HTO) PROCEDURES FOR MATERIAL, 2016-2023 (MILLION PROCEDURES)
TABLE 03. HIGH TIBIAL OSTEOTOMY (HTO) PROCEDURES FOR TECHNIQUE, 2016-2023 (MILLION PROCEDURES)
TABLE 04. HIGH TIBIAL OSTEOTOMY (HTO) PROCEDURES FOR TECHNIQUE, 2016-2023 (MILLION PROCEDURES)
TABLE 05. HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY MATERIAL, 2016-2023 ($MILLION)
TABLE 06. SOME OF THE POPULAR BRANDS OF HTO PLATES IN THE MARKET
TABLE 07. HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY TECHNIQUE, 2016-2023 ($MILLION)
TABLE 08. HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY REGION, 20162023 ($MILLION)
TABLE 09. NORTH AMERICA HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 10. NORTH AMERICA HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY MATERIAL, 20162023 ($MILLION)
TABLE 11. NORTH AMERICA HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY TECHNIQUE, 20162023 ($MILLION)
TABLE 12. EUROPE HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 13. EUROPE HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY MATERIAL, 20162023 ($MILLION)
TABLE 14. EUROPE HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY TECHNIQUE, 20162023 ($MILLION)
TABLE 15. ASIA-PACIFIC HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 16. ASIA-PACIFIC HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY MATERIAL, 20162023 ($MILLION)
TABLE 17. ASIA-PACIFIC HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY TECHNIQUE, 20162023 ($MILLION)
TABLE 18. LAMEA HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY COUNTRY, 2016-2023 ($MILLION)
TABLE 19. LAMEA HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY MATERIAL, 20162023 ($MILLION)
TABLE 20. LAMEA HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET, BY TECHNIQUE, 20162023 ($MILLION)
TABLE 21. J&J: COMPANY SNAPSHOT
TABLE 22. J&J: OPERATING SEGMENTS
TABLE 23. J&J: PRODUCT PORTFOLIO
TABLE 24. ARTHREX: COMPANY SNAPSHOT
TABLE 25. ARTHREX: OPERATING SEGMENTS
TABLE 26. ARTHREX: PRODUCT PORTFOLIO
TABLE 27. ZIMMER BIOMET: COMPANY SNAPSHOT
TABLE 28. ZIMMER BIOMET: OPERATING SEGMENTS
TABLE 29. ZIMMER BIOMET: PRODUCT PORTFOLIO
TABLE 30. AAP IMPLANTATE: COMPANY SNAPSHOT
TABLE 31. AAP IMPLANTATE: OPERATING SEGMENTS
TABLE 32. AAP IMPLANTATE: PRODUCT PORTFOLIO
TABLE 33. STRYKER: COMPANY SNAPSHOT
TABLE 34. STRYKER: OPERATING SEGMENTS
TABLE 35. STRYKER: PRODUCT PORTFOLIO
TABLE 36. B. BRAUN: COMPANY SNAPSHOT
TABLE 37. B. BRAUN: OPERATING SEGMENTS
TABLE 38. B. BRAUN: PRODUCT PORTFOLIO
TABLE 39. SMITH & NEPHEW: COMPANY SNAPSHOT
TABLE 40. SMITH & NEPHEW: OPERATING SEGMENTS
TABLE 41. SMITH & NEPHEW: PRODUCT PORTFOLIO
TABLE 42. WRIGHT MEDICAL: COMPANY SNAPSHOT
TABLE 43. WRIGHT MEDICAL: OPERATING SEGMENTS
TABLE 44. WRIGHT MEDICAL: PRODUCT PORTFOLIO
TABLE 45. ACUMED: COMPANY SNAPSHOT
TABLE 46. ACUMED: OPERATING SEGMENTS
TABLE 47. ACUMED: PRODUCT PORTFOLIO
TABLE 48. AMPLITUDE SURGICAL: COMPANY SNAPSHOT
TABLE 49. AMPLITUDE SURGICAL: OPERATING SEGMENTS
TABLE 50. AMPLITUDE SURGICAL: PRODUCT PORTFOLIO

LIST OF FIGURES

FIGURE 01. GLOBAL HUMAN CHORIONIC GONADOTROPIN (HCG) MARKET SEGMENTATION
FIGURE 02. TOP INVESTMENT POCKETS, 2016
FIGURE 03. MARKET SHARE ANALYSIS, 2016
FIGURE 04. NORTH AMERICA MARKET SHARE ANALYSIS, 2016
FIGURE 05. EUROPE MARKET SHARE ANALYSIS, 2016
FIGURE 06. ASIA-PACIFIC MARKET SHARE ANALYSIS, 2016
FIGURE 07. LAMEA MARKET SHARE ANALYSIS, 2016
FIGURE 08. LOW BARGAINING POWER OF SUPPLIERS
FIGURE 09. HIGH BARGAINING POWER OF BUYERS
FIGURE 10. MODERATE THREAT OF SUBSTITUTION
FIGURE 11. HIGH THREAT OF NEW ENTRANTS
FIGURE 12. MODERATE COMPETITIVE RIVALRY
FIGURE 13. GLOBAL HUMAN CHORIONIC GONADOTROPIN (HCG) MARKET: RESTRAINTS, DRIVERS, AND OPPORTUNITY
FIGURE 14. HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET FOR METALS, 20162023 ($MILLION)
FIGURE 15. HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET FOR POLYMERS, 20162023 ($MILLION)
FIGURE 16. HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET FOR OPEN WEDGE TECHNIQUE, 20162023 ($MILLION)
FIGURE 17. HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET FOR CLOSED WEDGE TECHNIQUE, 20162023 ($MILLION)
FIGURE 18. HIGH TIBIAL OSTEOTOMY (HTO) PLATES MARKET FOR OTHER TECHNIQUE, 20162023 ($MILLION)
FIGURE 19. HTO PLATES MARKET SIZE AND FORECAST IN U.S.
FIGURE 20. HTO PLATES MARKET SIZE AND FORECAST IN CANADA
FIGURE 21. HTO PLATES MARKET SIZE AND FORECAST IN MEXICO
FIGURE 22. HTO PLATES MARKET SIZE AND FORECAST IN UK
FIGURE 23. HTO PLATES MARKET SIZE AND FORECAST IN FRANCE
FIGURE 24. HTO PLATES MARKET SIZE AND FORECAST IN GERMANY
FIGURE 25. HTO PLATES MARKET SIZE AND FORECAST IN SPAIN
FIGURE 26. HTO PLATES MARKET SIZE AND FORECAST IN REST OF EUROPE
FIGURE 27. HTO PLATES MARKET SIZE AND FORECAST IN CHINA
FIGURE 28. HTO PLATES MARKET SIZE AND FORECAST IN JAPAN
FIGURE 29. HTO PLATES MARKET SIZE AND FORECAST IN INDIA
FIGURE 30. HTO PLATES MARKET SIZE AND FORECAST IN AUSTRALIA
FIGURE 31. HTO PLATES MARKET SIZE AND FORECAST IN REST OF ASIA-PACIFIC
FIGURE 32. HTO PLATES MARKET SIZE AND FORECAST IN BRAZIL
FIGURE 33. HTO PLATES MARKET SIZE AND FORECAST IN SAUDI ARABIA
FIGURE 34. HTO PLATES MARKET SIZE AND FORECAST IN SOUTH AFRICA
FIGURE 35. HTO PLATES MARKET SIZE AND FORECAST IN REST OF LAMEA
FIGURE 36. J&J: NET SALES, 20152017 ($MILLION)
FIGURE 37. J&J: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 38. J&J: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 39. ARTHREX: NET SALES, 20152017 ($MILLION)
FIGURE 40. ARTHREX: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 41. ARTHREX: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 42. ZIMMER BIOMET: NET SALES, 20152017 ($MILLION)
FIGURE 43. ZIMMER BIOMET: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 44. ZIMMER BIOMET: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 45. AAP IMPLANTATE: NET SALES, 20152017 ($MILLION)
FIGURE 46. AAP IMPLANTATE: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 47. AAP IMPLANTATE: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 48. STRYKER: NET SALES, 20152017 ($MILLION)
FIGURE 49. STRYKER: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 50. STRYKER: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 51. B. BRAUN: NET SALES, 20152017 ($MILLION)
FIGURE 52. B. BRAUN: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 53. B. BRAUN: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 54. SMITH & NEPHEW: NET SALES, 20152017 ($MILLION)
FIGURE 55. SMITH & NEPHEW: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 56. SMITH & NEPHEW: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 57. WRIGHT MEDICAL: NET SALES, 20152017 ($MILLION)
FIGURE 58. WRIGHT MEDICAL: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 59. WRIGHT MEDICAL: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 60. ACUMED: NET SALES, 20152017 ($MILLION)
FIGURE 61. ACUMED: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 62. ACUMED: REVENUE SHARE BY GEOGRAPHY, 2017 (%)
FIGURE 63. AMPLITUDE SURGICAL: NET SALES, 20152017 ($MILLION)
FIGURE 64. AMPLITUDE SURGICAL: REVENUE SHARE BY SEGMENT, 2017 (%)
FIGURE 65. AMPLITUDE SURGICAL: REVENUE SHARE BY GEOGRAPHY, 2017 (%)

 

 

 

The adoption of high tibial osteotomy (HTO) procedures has increased significantly worldwide. Therefore, development of effective osteotomy plates is required to yield good long-term results. The procedure uses osteotomy plates to fix the fractures or impaired bones by cutting the bones and then requires careful planning for placing the plates. Furthermore, increase in incidence of bone-related disorders, the advent of better osteotomy plates such as biocompatible plates, rise in geriatric population, and surge in prevalence of surgical procedures drive the growth of the high tibial osteotomy plates market.

North America accounts for the highest share in the market owing to high demand for technologically innovative products and presence of better healthcare centers. Asia-Pacific possesses high market potential, especially emerging economies (such as China & India), owing to increase in healthcare expenditure and growth in geriatric population coupled with high prevalence of bone impairments. The key players operating in the market are substantially investing in the development of polymeric HTO plates to provide the same efficiency as metal plates that are predominantly used across maximum HTO procedures. This is expected to drive the market growth in the near future.

 

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