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Distraction Osteogenesis Devices Market To Surpass US$ 348.2 Million By 2027 – Coherent Market

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The global distraction osteogenesis devices market was pegged at US$ 228.3 million in 2018 and is expected to exhibit a robust CAGR of 4.9% during the forecast period (2019-2027).

Global Distraction Osteogenesis Devices Market Dynamics

With the advent of novel technologies, surgeons across the globe are able to make critical preoperative decisions, which is helping them efficiently execute the procedures and achieve desirable patient outcomes. For instance, in March 2019, Stryker Corporation introduced the new 1688 visualization platform designed to enhance orthopedic surgical efficiency and patient experience. In addition, the surging prevalence of cleft palate among children is predicted to contribute to the global distraction osteogenesis devices market growth over the forecast period. According to the report published in the Brazilian Journal of Oral Sciences, the prevalence rate of non-syndromic cleft lip, with or without cleft palate, ranged from 0.36 to 1.54 per 1,000 live births in Brazil in the year 2016.

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Several organizations across the world are taking initiatives to provide surgical care for facial deformities, which is a major factor propelling the global market growth. For instance, the World Craniofacial Foundation links families in great need with medical professionals to ensure that the children with facial deformities receive advanced surgical and medical care.

Regional Analysis
North America is expected to lead the global distraction osteogenesis devices market over the projected timeframe, owing to the burgeoning incidence of cleft palate and other bone defects in the region. According to the Centers for Disease Control and Prevention, 2019, around 1 in every 1,600 babies are born with cleft lip with cleft palate in the U.S. each year.

However, Asia Pacific is poised to witness massive growth in the global distraction osteogenesis devices market in the forthcoming years, owing to the growing investments by the market players, with the intent to expand their customer base and geographical presence in the region. For instance, in 2016, KLS Martin Group opened its Indian subsidiary, KLS Martin India Private Limited in Chennai, to strengthen its regional market presence. As per a survey conducted by the INGA Health Foundation in 2016, craniofacial abnormalities affect at least one out of every 2,000 newborns every year. Reportedly, around 15,000 infants are born with craniofacial deformities every single year.

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Key Takeaways:

• Increasing cases of bone defects and rising adoption of collaboration and acquisition strategies by the leading market players are among the major growth drivers for the global distraction osteogenesis devices market. For instance, in 2017, Titamed collaborated with Royal Belgium Society of Stomatology and Maxillofacial Surgery and MKA Wassland, and conducted an event at the European Association for Cranio Maxillo- Facial Surgery Congress in April 2018, to promote and showcase its range of products to maxillofacial surgeons, thus enhancing sales of its products in the market.

• In terms of placement, the external distractors segment held the leading position in the global distraction osteogenesis devices market in 2018, due to the increasing R&D activities for the development of external distractors. The Department of Cleft Lip and Palate, Plastic Surgery Hospital and Chinese Academy of Medical Sciences conducted a research, in association with the Department of Stomatology of Beijing Children’s Hospital, China, which found that the use of Trans-sutural distraction osteogenesis (TSDO), which is an external distractor, can be used for treating cleft lip and palate (CLP) in patients with midfacial hypoplasia.

• The hospitals end user segment dominated the global market in 2018, owing to the rising number of tailored pediatric treatments offered by hospitals. For instance, in May 2017, surgeons and surgical orthodontists at the Seattle Children’s Hospital used 3-D Imaging and advanced software to build precise maps of the face and skull, and also developed a process to shorten the distractor time.

• The renowned players operating in the global distraction osteogenesis devices market include Johnson & Johnson, Zimmer Biomet Holdings, Inc., Stryker Corporation, KLS Martin Group, Acumed LLC, OsteoMed, and Titamed.

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