Resection Guides Market

Global Resection Guides Market Size, Share and Trends Analysis Report, By Type (Knee Prosthesis, Hip Prosthesis, Ankle Prosthesis and Cranial Prosthesis), By Application (Hospitals and Surgical Clinics, Medical Colleges and Others), Forecast (2022-2028)

Published: Mar 2022 | Report Code: OMR2026131 | Category : Healthcare Information Technology | Delivery Format: /

The global resection guides market is anticipated to grow at a significant CAGR 5.3% during the forecast period (2022-2028). 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.

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).

Market Coverage

The market number available for – 2021-2028

Base year- 2021

Forecast period- 2022-2028

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

Global Resection Guides Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa