Resection
Guides Market Demand Analysis, Type, Statistics, Regions and Forecast – 2031
The
global resection guides market is anticipated to grow at a significant CAGR
5.3% during the forecast period (2024-2031). Resection is the medical term
used for surgically removing a part or all of a tissue, structure or organ and
is performed for a wide variety of reasons. It may remove a tissue that is
cancerous or diseased. The surgery may treat or cure a disease process. The
major factor driving the demand for resection guides is the rising number of
surgeries across the globe.
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Moreover,
the market is also growing due to the new product launches by the players in
the market. For instance, in November 2021, Stryker announced the launch of the
Prophecy Infinity Resect-Through Guides. It is used for total ankle replacement
surgeries and represents the latest refinement of Stryker’s industry gold
standard technique that allows surgeons to improve OR efficiency. Additionally,
North America is anticipated to hold a prominent share in the market owing to
the rising healthcare expenditure along with rising cases of the
surgery-related disease.
Some
major players in the market include Zimmer Biomet Holdings Inc., and Johnson
& Johnson Services, Inc., among others. The market players are contributing
significantly to the growth of the market by the adoption of various strategies
including mergers & acquisitions, geographical expansion, partnerships and
collaborations, and new product launches, to stay competitive in the market.
For instance, in March 2020, Intellijoint Surgical announced the launch of its
second application, Intellijoint KNEE. It is a quick and easy-to-use
surgeon-controlled navigation solution that provides real-time positional
measurements of the cutting guides during total knee arthroplasty (TKA).
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Market
Coverage
• Segment Covered-
o By Type
o By Application
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- Zimmer
Biomet Holdings Inc., and Johnson & Johnson Services, Inc., among others.
Key
questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate
the market in the base year?
• Which segment and region will
project the fastest growth in the market?
• How has COVID-19 impacted the
market?
o Deviation from the pre-COVID-19
forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing
challenges to sustain growth?
• Where is the investment
opportunity?
Global
Resection Guides Market Report by Segment
By
Type
•
Knee Prosthesis
•
Hip Prosthesis
•
Ankle Prosthesis
•
Cranial Prosthesis
By
Application
•
Hospitals and Surgical Clinics
•
Medical Colleges
•
Others
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