Oxygen Conservation Devices Market Size, Share & Trends Analysis Report By Product (Reservoir Oxygen Delivery Devices, Electromechanical Pulsing Devices), By End-use, By Region, And Segment Forecasts, 2024 - 2030
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Osteosynthesis Devices Market Growth & Trends
The global osteosynthesis devices market size is expected to reach USD 17.20 billion by 2030, growth at a CAGR of 8.30% from 2024 to 2030, according to a new report by Grand View Research, Inc. Factors such as the increasing incidence of proximal fractures in the geriatric population due to falling, growing product innovation, increasing prevalence of osteoporosis among the elderly population, and growing product adoption by end users fueling the market growth. For instance, according to the World Health Organization (WHO), 684,000 fatal falls occur annually . Furthermore, the quick transition to noninvasive osteosynthesis technology demonstrates the growing potential for market growth.
The rise in sports injuries and road accidents fuels the market growth. For instance, according to data published by the Government of Canada, the total number of road accident injuries increased to 118,853 in 2022, up 9.5% from 2021. Moreover, increasing awareness and access to minimally invasive surgeries due to the multiple benefits offered by these surgeries are other key factors propelling the market growth.
Furthermore, the number of spinal cord injuries (SCIs) has considerably increased due to increased traffic accidents. For instance, according to the Indian Spinal Injuries Centre’s (ISIC) data recorded between 2012 and 2022 , the prevalence of spinal cord injuries caused by road traffic accidents is approximately 44%. Moreover, according to the National Spinal Cord Injury Statistical Center (NSCSC), causes of SCIs in clude motor vehicle accidents involving bulldozers and cars, forklifts, steam rollers, and other vehicles. In addition, according to the Spinal Injuries Association,approximately 50,000 individuals in the UK are living with a spinal cord injury (SCI), with an additional 2,500 people sustaining injuries or receiving a diagnosis annually equivalent to one new case every four hours. Thus, such a rise in cases of SCIs drives the market growth.
Some of the key players in the market are DePuy Synthes (Johnson & Johnson), Stryker, Zimmer Biomet, Smith+Nephew, GS Medical, Life Spine, Inc., MicroPort Orthopedics, Inc, Precision Spine, Inc., Globus Medical, Arthrex, Medtronic, and Lepu Medical Technology (Beijing) Co.,Ltd.. Players are adopting key strategic initiatives to expand their business footprint and grow their clientele. For instance, in October 2023, Ulrich Medical USA, a spine technology company, launched the Momentum MIS Posterior Spinal Fixation System. It features a tab-based system with extended screw tabs, a narrow profile, and detachable rings for strengthened support. In addition, it includes conical screws with fenestrated, cannulated screw options.
Osteosynthesis Devices Market Report Highlights
Osteosynthesis Devices Market Growth & Trends
The global osteosynthesis devices market size is expected to reach USD 17.20 billion by 2030, growth at a CAGR of 8.30% from 2024 to 2030, according to a new report by Grand View Research, Inc. Factors such as the increasing incidence of proximal fractures in the geriatric population due to falling, growing product innovation, increasing prevalence of osteoporosis among the elderly population, and growing product adoption by end users fueling the market growth. For instance, according to the World Health Organization (WHO), 684,000 fatal falls occur annually . Furthermore, the quick transition to noninvasive osteosynthesis technology demonstrates the growing potential for market growth.
The rise in sports injuries and road accidents fuels the market growth. For instance, according to data published by the Government of Canada, the total number of road accident injuries increased to 118,853 in 2022, up 9.5% from 2021. Moreover, increasing awareness and access to minimally invasive surgeries due to the multiple benefits offered by these surgeries are other key factors propelling the market growth.
Furthermore, the number of spinal cord injuries (SCIs) has considerably increased due to increased traffic accidents. For instance, according to the Indian Spinal Injuries Centre’s (ISIC) data recorded between 2012 and 2022 , the prevalence of spinal cord injuries caused by road traffic accidents is approximately 44%. Moreover, according to the National Spinal Cord Injury Statistical Center (NSCSC), causes of SCIs in clude motor vehicle accidents involving bulldozers and cars, forklifts, steam rollers, and other vehicles. In addition, according to the Spinal Injuries Association,approximately 50,000 individuals in the UK are living with a spinal cord injury (SCI), with an additional 2,500 people sustaining injuries or receiving a diagnosis annually equivalent to one new case every four hours. Thus, such a rise in cases of SCIs drives the market growth.
Some of the key players in the market are DePuy Synthes (Johnson & Johnson), Stryker, Zimmer Biomet, Smith+Nephew, GS Medical, Life Spine, Inc., MicroPort Orthopedics, Inc, Precision Spine, Inc., Globus Medical, Arthrex, Medtronic, and Lepu Medical Technology (Beijing) Co.,Ltd.. Players are adopting key strategic initiatives to expand their business footprint and grow their clientele. For instance, in October 2023, Ulrich Medical USA, a spine technology company, launched the Momentum MIS Posterior Spinal Fixation System. It features a tab-based system with extended screw tabs, a narrow profile, and detachable rings for strengthened support. In addition, it includes conical screws with fenestrated, cannulated screw options.
Osteosynthesis Devices Market Report Highlights
- Based on type, the internal device segment dominated the market in 2023 and accounted for the largest revenue share owing to the rising popularity of minimally invasive surgery and growing awareness regarding technologically advanced osteosynthesis devices
- Based on material, the non-degradable segment dominated the market in 2023. Growing adoption of novel and innovative products such as stainless-steel volar plates helps the manufacturer stand out globally and boost sales
- Based on fracture, patella, tibia or fibula, or ankle segment dominated the market in 2023 owing to the rise in the number of road accidents and sports injuries
- North America dominated the global market in 2023 due to the presence of a large number of market players, government initiatives to accelerate the research for osteoporosis, and the launch of a diverse range of products
CHAPTER 1. METHODOLOGY AND SCOPE
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. OXYGEN CONSERVATION DEVICES MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Oxygen conservation devices Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining Power of the Suppliers
3.4.1.2. Bargaining Power of the Buyers
3.4.1.3. Threats of Substitution
3.4.1.4. Threats From New Entrants
3.4.1.5. Competitive Rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political Landscape
3.4.2.2. Economic and Social Landscape
3.4.2.3. Technological Landscape
3.4.2.4. Environmental Landscape
3.4.2.5. Legal Landscape
CHAPTER 4. OXYGEN CONSERVATION DEVICES MARKET: PRODUCT ESTIMATES & TREND ANALYSIS
4.1. Segment Dashboard
4.2. Oxygen Conservation Devices Market: Product Movement Analysis, 2023 & 2030 (USD Million)
4.3. Reservoir Oxygen Delivery Devices
4.3.1. Reservoir Oxygen Delivery Devices Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Electromechanical Pulsing Devices
4.4.1. Electromechanical Pulsing Devices Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Transtracheal Catheters
4.5.1. Transtracheal Catheters Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.6. Others
4.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 5. OXYGEN CONSERVATION DEVICES MARKET: END USE ESTIMATES & TREND ANALYSIS
5.1. Segment Dashboard
5.2. Oxygen Conservation Devices Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
5.3. Hospitals & Clinics
5.3.1. Hospitals & Clinics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Long-term Care Units
5.4.1. Long-term Care Units Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Home Care
5.5.1. Home Care Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 6. OXYGEN CONSERVATION DEVICES MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1. Oxygen Conservation Devices Market Share, By Region, 2023 & 2030 (USD Million)
6.2. North America
6.2.1. North America Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.2. U.S.
6.2.2.1. U.S. Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.3. Canada
6.2.3.1. Canada Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3. Europe
6.3.1. Europe Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.2. UK
6.3.2.1. UK Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.3. Germany
6.3.3.1. Germany Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.4. France
6.3.4.1. France Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.5. Italy
6.3.5.1. France Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.6. Spain
6.3.6.1. Spain Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Asia Pacific
6.4.1. Asia Pacific Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.2. China
6.4.2.1. China Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.3. Japan
6.4.3.1. Japan Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.4. India
6.4.4.1. India Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.5. South Korea
6.4.5.1. South Korea Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.6. Australia
6.4.6.1. Australia Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Latin America
6.5.1. Latin America Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5.2. Brazil
6.5.2.1. Brazil Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Middle East and Africa
6.6.1. Middle East and Africa Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.2. South Africa
6.6.2.1. South Africa Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 7. COMPETITIVE LANDSCAPE
7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Company Profiles
7.4.1. Invacare Corporation
7.4.1.1. Participant’s Overview
7.4.1.2. Financial Performance
7.4.1.3. Product Benchmarking
7.4.1.4. Recent Developments/ Strategic Initiatives
7.4.2. Philips Respironics
7.4.2.1. Participant’s Overview
7.4.2.2. Financial Performance
7.4.2.3. Product Benchmarking
7.4.2.4. Recent Developments/ Strategic Initiatives
7.4.3. Chart Industries
7.4.3.1. Participant’s Overview
7.4.3.2. Financial Performance
7.4.3.3. Product Benchmarking
7.4.3.4. Recent Developments/ Strategic Initiatives
7.4.4. GF Health Products, Inc.
7.4.4.1. Participant’s Overview
7.4.4.2. Financial Performance
7.4.4.3. Product Benchmarking
7.4.4.4. Recent Developments/ Strategic Initiatives
7.4.5. Drive DeVilbiss Healthcare
7.4.5.1. Participant’s Overview
7.4.5.2. Financial Performance
7.4.5.3. Product Benchmarking
7.4.5.4. Recent Developments/ Strategic Initiatives
7.4.6. Inogen, Inc.
7.4.6.1. Participant’s Overview
7.4.6.2. Financial Performance
7.4.6.3. Product Benchmarking
7.4.6.4. Recent Developments/ Strategic Initiatives
7.4.7. Precision Medical, Inc
7.4.7.1. Participant’s Overview
7.4.7.2. Financial Performance
7.4.7.3. Product Benchmarking
7.4.7.4. Recent Developments/ Strategic Initiatives
7.4.8. CAIRE Inc. (Chart Industries)
7.4.8.1. Participant’s Overview
7.4.8.2. Financial Performance
7.4.8.3. Product Benchmarking
7.4.8.4. Recent Developments/ Strategic Initiatives
7.4.9. Teleflex Incorporated
7.4.9.1. Participant’s Overview
7.4.9.2. Financial Performance
7.4.9.3. Product Benchmarking
7.4.9.4. Recent Developments/ Strategic Initiatives
1.1. Market Segmentation and Scope
1.2. Market Definitions
1.3. Research Methodology
1.3.1. Information Procurement
1.3.2. Information or Data Analysis
1.3.3. Market Formulation & Data Visualization
1.3.4. Data Validation & Publishing
1.4. Research Scope and Assumptions
1.4.1. List of Data Sources
CHAPTER 2. EXECUTIVE SUMMARY
2.1. Market Outlook
2.2. Segment Outlook
2.3. Competitive Insights
CHAPTER 3. OXYGEN CONSERVATION DEVICES MARKET VARIABLES, TRENDS, & SCOPE
3.1. Market Introduction/Lineage Outlook
3.2. Market Size and Growth Prospects (USD Million)
3.3. Market Dynamics
3.3.1. Market Drivers Analysis
3.3.2. Market Restraints Analysis
3.4. Oxygen conservation devices Market Analysis Tools
3.4.1. Porter’s Analysis
3.4.1.1. Bargaining Power of the Suppliers
3.4.1.2. Bargaining Power of the Buyers
3.4.1.3. Threats of Substitution
3.4.1.4. Threats From New Entrants
3.4.1.5. Competitive Rivalry
3.4.2. PESTEL Analysis
3.4.2.1. Political Landscape
3.4.2.2. Economic and Social Landscape
3.4.2.3. Technological Landscape
3.4.2.4. Environmental Landscape
3.4.2.5. Legal Landscape
CHAPTER 4. OXYGEN CONSERVATION DEVICES MARKET: PRODUCT ESTIMATES & TREND ANALYSIS
4.1. Segment Dashboard
4.2. Oxygen Conservation Devices Market: Product Movement Analysis, 2023 & 2030 (USD Million)
4.3. Reservoir Oxygen Delivery Devices
4.3.1. Reservoir Oxygen Delivery Devices Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.4. Electromechanical Pulsing Devices
4.4.1. Electromechanical Pulsing Devices Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.5. Transtracheal Catheters
4.5.1. Transtracheal Catheters Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
4.6. Others
4.6.1. Others Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 5. OXYGEN CONSERVATION DEVICES MARKET: END USE ESTIMATES & TREND ANALYSIS
5.1. Segment Dashboard
5.2. Oxygen Conservation Devices Market: End Use Movement Analysis, 2023 & 2030 (USD Million)
5.3. Hospitals & Clinics
5.3.1. Hospitals & Clinics Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.4. Long-term Care Units
5.4.1. Long-term Care Units Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
5.5. Home Care
5.5.1. Home Care Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 6. OXYGEN CONSERVATION DEVICES MARKET: REGIONAL ESTIMATES & TREND ANALYSIS
6.1. Oxygen Conservation Devices Market Share, By Region, 2023 & 2030 (USD Million)
6.2. North America
6.2.1. North America Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.2. U.S.
6.2.2.1. U.S. Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.2.3. Canada
6.2.3.1. Canada Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3. Europe
6.3.1. Europe Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.2. UK
6.3.2.1. UK Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.3. Germany
6.3.3.1. Germany Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.4. France
6.3.4.1. France Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.5. Italy
6.3.5.1. France Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.3.6. Spain
6.3.6.1. Spain Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4. Asia Pacific
6.4.1. Asia Pacific Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.2. China
6.4.2.1. China Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.3. Japan
6.4.3.1. Japan Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.4. India
6.4.4.1. India Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.5. South Korea
6.4.5.1. South Korea Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.4.6. Australia
6.4.6.1. Australia Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5. Latin America
6.5.1. Latin America Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.5.2. Brazil
6.5.2.1. Brazil Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6. Middle East and Africa
6.6.1. Middle East and Africa Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
6.6.2. South Africa
6.6.2.1. South Africa Oxygen Conservation Devices Market Estimates and Forecasts, 2018 - 2030 (USD Million)
CHAPTER 7. COMPETITIVE LANDSCAPE
7.1. Recent Developments & Impact Analysis by Key Market Participants
7.2. Company Categorization
7.3. Company Heat Map Analysis
7.4. Company Profiles
7.4.1. Invacare Corporation
7.4.1.1. Participant’s Overview
7.4.1.2. Financial Performance
7.4.1.3. Product Benchmarking
7.4.1.4. Recent Developments/ Strategic Initiatives
7.4.2. Philips Respironics
7.4.2.1. Participant’s Overview
7.4.2.2. Financial Performance
7.4.2.3. Product Benchmarking
7.4.2.4. Recent Developments/ Strategic Initiatives
7.4.3. Chart Industries
7.4.3.1. Participant’s Overview
7.4.3.2. Financial Performance
7.4.3.3. Product Benchmarking
7.4.3.4. Recent Developments/ Strategic Initiatives
7.4.4. GF Health Products, Inc.
7.4.4.1. Participant’s Overview
7.4.4.2. Financial Performance
7.4.4.3. Product Benchmarking
7.4.4.4. Recent Developments/ Strategic Initiatives
7.4.5. Drive DeVilbiss Healthcare
7.4.5.1. Participant’s Overview
7.4.5.2. Financial Performance
7.4.5.3. Product Benchmarking
7.4.5.4. Recent Developments/ Strategic Initiatives
7.4.6. Inogen, Inc.
7.4.6.1. Participant’s Overview
7.4.6.2. Financial Performance
7.4.6.3. Product Benchmarking
7.4.6.4. Recent Developments/ Strategic Initiatives
7.4.7. Precision Medical, Inc
7.4.7.1. Participant’s Overview
7.4.7.2. Financial Performance
7.4.7.3. Product Benchmarking
7.4.7.4. Recent Developments/ Strategic Initiatives
7.4.8. CAIRE Inc. (Chart Industries)
7.4.8.1. Participant’s Overview
7.4.8.2. Financial Performance
7.4.8.3. Product Benchmarking
7.4.8.4. Recent Developments/ Strategic Initiatives
7.4.9. Teleflex Incorporated
7.4.9.1. Participant’s Overview
7.4.9.2. Financial Performance
7.4.9.3. Product Benchmarking
7.4.9.4. Recent Developments/ Strategic Initiatives
