Osteotome Devices Market Introduction

Osteotome devices are instruments used to cut or prepare bones. These devices are similar to chisel type devices used for plastic surgery, orthopedic surgery, and dental implantation. Osteotomes can offer significant advantages over the traditional series of drills. Osteotomes create a denser area for implant placement and allow greater tactile sensitivity. Clinically, osteotome devices are used for compaction, cortical floor elevation, and ridge expansion which facilitate implantation.

Usage of osteotome devices has evolved in the last few decades. These devices provide the ability to create more bone volume, both in horizontal and vertical direction, making primary stability possible for patients. Increase in incidence of dental problems and rise in adoption of single-use devices are projected to increase the preference of physicians to treat patients with osteotome devices. Moreover, technological progress in the design of osteotome devices and development of multifunctional tools in the form of kits are paving the way for early diagnosis and treatment of dental problems.

Osteotome Devices Market- Competitive Landscape

Teleflex Medical

Founded in 1943, Teleflex Incorporated is located in the Wayne, U.S. Teleflex Incorporated is a leading global player that operates in the field of medical technology. The company’s products enhance clinical benefits, improve patient and provider safety, and reduce total procedural costs.  

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Stryker Corporation

Established in 1941, Protek Devices LP is located in the Kalamazoo, U.S. Stryker Corporation offers a comprehensive portfolio of solutions for primary, revision knee and partial hip anthroplasty. The company’s implants are designed to provide surgeons with multiple options to treat patients with osteoarthritis.

Stryker Corporation’s product portfolio includes implants utilized in joint replacement and trauma surgeries, surgical equipment and neurosurgical, neurovascular, and spinal devices as well as other medical devices employed in a variety of medical specialties.

Zimmer Biomet Holdings.

Established in 1927, Zimmer Biomet Holdings is located in the Warsaw, U.S. The company develops, produces, and distributes a wide range of joint replacement products and surgical solutions that serve the health care institutions across the globe

Zimmer Biomet recorded net sales of US$ 6.0 Bn in 2015, reflecting 35% constant currency revenue. The merger of Zimmer and Biomet is further enhancing and diversifying the company’s offerings to reach the most comprehensive portfolio of solutions available for the musculoskeletal health.

Osteotome Devices Market Dynamics

High Prevalence of Osteoporosis and Dental Problems Driving Demand for Osteotome Devices

High prevalence of osteoporosis and dental problems is the major factor driving the global osteotome devices market. Increase in incidence of periodontal diseases among young adults, rise in demand for orthopedic osteotome devices and casting materials, especially among the geriatric population, are the other factors anticipated to propel the global market.

Manufacturers Focus on Innovative Designs to Enter Developing Osteotome Devices Market

Rise in the number of domestic and global players entering the market with new designs such as diamond-tip osteotome devices has significantly increased usage in pathological fractures and general prosthetic fixation.

According to the World Health Organization, the global population aged 85 years and above will increase by 351% in the next 40 years. According to Springer Nature’s Osteoporosis International, around 158 million people aged 50 years and above are prone to developing bone fractures. The research further stated that bone fractures could double by 2040. These factors are likely to drive the osteotome devices market in near future.

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Preference for Expander Drills and Inflammation after Dental Surgery Restraining Osteotome Devices Market Growth

One of the key factors hampering the growth of the osteotome devices market is it inflammation resulting in chronic complications after dental surgery using osteotome devices. However, in response to the growing demand for osteotome devices by consumers, companies are focusing on developing new osteotome devices that provides less complication or inflammation. However, today expander drills equipment have become more susceptible to major orthopedic surgeries, this also likely to restrain the adoption of osteotome devices for orthopedic surgery.   

Osteotome Devices Market Segmentation

Based on the product type, the osteotome devices market is segmented into

  • Curved Osteotome Devices
  • Straight Osteotome Devices
  • Others

Based on the application, the osteotome devices market is segmented into

  • Orthopedic
  • Ear Nose & Tongue (ENT)
  • Spine
  • Dental

Based on the end-use industry, the osteotome devices market is segmented into

  • Hospitals
  • Orthopedic Clinics
  • Dental Clinics
  • Aesthetics Clinics
  • Ambulatory Care Centers
  • Others

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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