At 10.3% CAGR, the Europe Pediatric Orthopedic Implants Market is projected to be worth US$ 2,554.90 million by 2030, says Business Market Insights

According to Business Market Insights’ research, the Europe pediatric orthopedic implants market  was valued at US$  1,170.14 million in 2022 and is expected to reach US$ 2,554.90 million by 2030, registering a CAGR of 10.3% from 2022 to 2030. Rising number of pediatric surgeries to treat orthopedic birth defects and use of resorbable implants and increasing access to pediatric orthopedic treatment are among the critical factors attributed to the Europe pediatric orthopedic implants market  expansion.

Key players operating in the pediatric orthopedic implant market are engaged in developing and commercializing innovative products and technologies specifically designed to address the unmet clinical needs of pediatric orthopedic patients and satisfy the demands of orthopedic surgeons. Osteogenesis imperfecta (OI) is a genetic bone disorder and is treated with rods of fixed lengths. However, telescopic implants can extend as the child grows, reducing the number of surgeries they need. These implants result in an improved quality of life for children with skeletal deformities of long bones. Further, the ability to manufacture and provide customized orthopedic implants by using 3D printing technology in personalized medicine has broadened the applications of these products. Health expenditures in developing countries rise with the increase in the burden of different diseases. Thus, government initiatives to improve healthcare infrastructure to support modern orthopedic practices in response to an upsurge in the prevalence of bone deformities among children are likely to create significant opportunities for major players in the Europe pediatric orthopedic implants market.

On the contrary, complications associated with orthopedic implants hampers on the growth of Europe pediatric orthopedic implants market . 

Based on type, the Europe pediatric orthopedic implants market is segmented into hip implants, spine implants, knee implants, dental implants, craniomaxillofacial implants, and others. The hip implants segment held 29.8% share of Europe pediatric orthopedic implants market  in 2022, amassing US$ 348.27 million. It is projected to garner US$ 781.58 million by 2030 to expand at 10.6% CAGR during 2022–2030.

Based on application, the Europe pediatric orthopedic implants market is segmented into trauma and deformities, broken bones, bone and joint infections, spinal deformities, and others. The trauma and deformities segment held 37.8% share of Europe pediatric orthopedic implants market  in 2022, amassing US$ 441.99 million. It is projected to garner US$ 999.93 million by 2030 to expand at 10.7% CAGR during 2022–2030.

Based on end user, the Europe pediatric orthopedic implants market is segmented into hospitals, pediatric clinics, and others. The hospitals segment held 62.7% share of Europe pediatric orthopedic implants market  in 2022, amassing US$  733.40 million. It is projected to garner US$  1,646.04 million by 2030 to expand at 10.6% CAGR during 2022–2030.

Based on country, the Europe pediatric orthopedic implants market  has been categorized into Germany, France, the UK, Italy, Spain, and the Rest of Europe. Our regional analysis states that Germany captured 24.3% share of Europe pediatric orthopedic implants market  in 2022. It was assessed at US$  284.71 million in 2022 and is likely to hit US$  665.73 million by 2030, exhibiting a CAGR of 11.2% during 2022–2030.            

Key players operating in the Europe pediatric orthopedic implants market are Arthrex Inc, Johnson & Johnson, Merete GmbH, OrthoPediatrics Corp, and Stryker Corp, among others.

• In June 2022, OrthoPediatrics Corp. have entered an agreement to acquire Pega Medical, including its Fassier-Duval Telescopic Intramedullary System designed for patients suffering from Osteogenesis Imperfecta and other bone deformities. Their product offerings include novel technologies to treat some of the most unique conditions in pediatric orthopedics.

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