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Distention Systems Market Size, Share, Industry, Forecast and outlook (2024-2031)

Published: January 2024 || SKU: MD4000
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Distention Systems Market is segmented By Therapeutic Application( Knees, Shoulders, Wrists, Hips, Ankles, and Elbows), By End-User(Clinics, Hospitals & Ambulatory Surgical Centers), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2023-2030.

 

Market Overview

 

Distention Systems Market is predicted to reach at a high CAGR 7.9% during the forecast period (2023-2030). Distention systems are equipped and assembled with the pumps and manages the fluid systems of the joint. This equipment is used during endoscopic-orthopedic and laparoscopic procedures.

 

Market Scope

Metrics

Details

Market CAGR

7.9%

Segments Covered

By Therapeutic Application, By End-User, and By Region

Report Insights Covered

Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.

Fastest Growing Region

Asia Pacific

Largest Market Share 

North America

 

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Market Dynamics

The global distention systems market growth is driven by the increasing number of road accidents leading to injuries such as bone, cartilage, tendon, ligament, and muscle damages and due to different government initiatives regarding stringent regulations and patient safety concerns, especially in developing nations.

Rising incidence of orthopedic disorders along with the growing geriatric population is expected to drive the market growth

The rising incidence of orthopedic disorders along with the growing geriatric population will promote the market value. As per the Insurance Institute for Highway Safety (IIHS) and Highway Loss Data Institute (HLDI), in 2019, there were 33,244 fatal motor vehicle accidents in the U.S., resulting in 36,096 deaths. According to the United Nations World Population Ageing Report, the estimated number of people aged 65 years or above is 727 million globally. The number is further anticipated to double and reach 1.5 billion by the end of 2050. The share of the elderly population concerning the global population is projected to rise from around 9.3% in 2020 and reach 16% by 2050. The orthopedic conditions are mostly related to aging and are poised to increase with an aging population.

The surge in medical comorbidities reduced physiological reserve, mortality and morbidity after trauma may considerably differ in younger patients and adults aged 70 years and older. People from the 70 and above age group are more likely to have critical injuries due to a fall and likely incidents. According to the National Trauma Database, elderly patients aged 65 and above with trauma are around 25% among total trauma patients. The aging population leads to a higher vulnerability related to the musculoskeletal system in injuries and disorders.

Few disadvantages of distention systems are likely to hamper the market growth

Uncertainties and lack of efficiency, device malfunction, and excessive pressure can cause fluid ejection into the soft tissues, increasing the complexity and leading to distortion of the anatomical components. These factors may hamper the market growth.

COVID-19 Impact Analysis

The Covid-19 outbreak in December 2021, which swarmed the entire globe in 2020, has left several economies in a dire state. With WHO issuing a public health emergency and over 40 countries declaring a state of emergency, industries, including the Global Distention Systems market, are facing many challenges. Travel bans and quarantines, halt of indoor/outdoor activities, temporary shutdown of business operations, supply-demand fluctuations, stock market volatility, falling business assurance, and many uncertainties negatively impact the business dynamics.

Segment Analysis

The knees and shoulders segment are expected to hold largest share in this market segment

With the increasing orthopedic problems, it mainly affects the knees and the shoulders. So, the fastest-growing segment is expected to be both the knees and shoulders, due to the patients’ past lifestyles and growing orthopedic problems. For instance, according to WHO, over 20% of the world’s population aged over 60 that accounts for around 130 million people will suffer from osteoarthritis by the 2050. Additionally, the National Institute of Health reported 6,664,324 knee injuries in the U.S. from 1999 to 2008 and is expecting a significant in increase in this number by 2020.

The clinics segment is expected to hold largest share in this market segment

The clinics are expected to be the fastest-growing segment, nowadays as many people are opting for private and public clinics, mainly because they take less time to process the patients’ cases, and the consumers prefer to go to the clinics instead of the hospitals, which creates an obvious demand for distention systems in the clinics.

Geographical Analysis

North America region holds the largest market share of global distention systems market

North America is a dominant distention systems market due to technological advancements that help control fluid inflow. Moreover, hospitals and surgical centers opt for these systems in regions such as North America and Europe due to strict patient care and safety regulations.

Due to awareness programs and increasing arthroscopic surgeries. In addition, the increasing prevalence of diseases and injuries which can damage the bones, ligaments, cartilage, muscles, and tendons is resulting in the growth and development of the distention systems market.

Competitive Landscape

The global distention systems market is highly competitive with presence of global companies.  Some of the key players which are contributing to the growth of the market include Stryker Corporation, DePuy Synthes, Arthrex, Inc., COMEG, RUDOLF Medical GmbH, EBERLE GmbH & Co. KG, Thermedx, De Soutter Medical, Pacific Hospital Supply Co., Ltd (PAHSCO), and C. R. Bard, Inc. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of the market globally.

Distention Systems Market Key Companies to Watch

DePuy Synthes

Overview: DePuy Synthes company designs, manufactures, and markets various orthopedic and neurological devices globally. The company focuses on the therapeutic areas of spinal care, orthopedics, sports medicine, and neurosciences. It offers products, services, programs, and R&D capabilities for the advancement of patient care, and adds clinical and economic value to healthcare systems. In many countries, the company operates under the name of Johnson and Johnson.

Product Portfolio: The company is involved in the development of medical devices for diagnosing damaged joints, repairing reconstructing skeletal injuries and has a comprehensive portfolio of orthopedic products and neuro products.

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