Condylar Plate Fixation System Market Size, Share and Global Trend By Product (Straight Condylar Plate, Curved Condylar Plate), By Site (Humeral, Femoral, Mandibular, Tibial, Others), By End User (Hospitals, Orthopedic Clinics, Ambulance, Others) and Regional Forecast, 2024-2032

Condylar refers to the smooth rounded projection at the extremity of the bones, which forms an articulation or joint with other nearby bones and provides attachment to tendons. It is one of the important features of the bone and can be categorized into medial, lateral, mandibular condyle, occipital condyles, and condyle of the humerus. These are found in different shapes such as long, short, flat, irregular, and sesamoid.

Condylar plate fixation is a method used to fix the fracture of different condylar; the condylar plate is fixed by surgeons at the specific site of application. The condylar plate is designed depending on the site of the fracture. Rising incidences of sports injuries and an increase in a number of procedures are the major factors contributing to the demand of condylar fixation plate. Also, the launch of technically advanced products is expected to accelerate the growth in the condylar plate fixation system market.

Rising incidence of traumatic injuries owing to the increase in the number of road accidents globally, increase in several musculoskeletal injuries, and improving health reimbursement are factors driving the global condylar plate fixation market. Advancement and introduction of the new condylar fixation plate and an increase in the demand for surgery has driven the global condylar plate fixation market.

The factor that is expected to inhibit the growth of the market is a failure in fixation of the condylar plate in some of the fractures and high cost of the surgery

Key Players Covered

Some of the major companies that are present in the global condylar plate fixation system market are Arthrex, Inc., DePuy Synthes, Zimmer Biomet, Aesculap, Inc., Procter & Gamble, and players.

SEGMENTATION

Based on-site, the mandibular segment is expected to expand during the forecast period, owing to the high incidence of mandibular condylar fractures. Among the end-users, the hospital segment is expected to dominate the global Condylar Plate Fixation System market due to the increase in the number of surgeries and the admission of patients to the hospital in the forecast period.

Key Insights

• The regulatory scenario for key countries
• Reimbursement Scenario for key countries
• Recent industry developments such as partnerships, mergers, and acquisitions
• Key performance indicators for global Condylar Plate Fixation System market

Regional Analysis

North America followed by Europe, are the two largest markets for condylar plate fixation system at present, and they are expected to dominate the market throughout the forecast period. This is due to the increased incidences of sports injuries and favorable health reimbursement. The condylar plate fixation system market in the Asia Pacific is projected to grow at a significant rate due to the increase in the rate of accidents, increase in a number of orthopedic clinics and the rising awareness about the condylar plate surgeries.

Key Industry Developments

• In September 2017, Paragon 28, Inc., introduced Gorilla ankle fracture plating system in four variants such as posterolateral tibia, posterolateral fibula, trimalleolar fracture plates, and posteromedial tibia plate.
• In March 2017, DePuy Synthes received U.S. FDA approval for the Synthes 4.5mm Va-Lcp Curved Condylar Plate System Line Extension and Variable Angle Positioning Pins.
• In December 2016, Greens Surgicals Pvt. Ltd. received 510(k) approval from the FDA for GREENS Brand of DHS/Dynamic Condylar Plate Plating System to be used in fracture fixation.