The global distraction osteogenesis devices market was valued at US$ 228.3 million in 2018 and is expected to exhibit a CAGR of 4.9% over the forecast period (2019-2027).
Figure 1. Global Distraction Osteogenesis Devices Market Value (US$ Mn), by Region, 2018
Source: Coherent Market Insights Analysis (2020)
The rising number of pediatric bone defects is expected to boost growth of the distraction osteogenesis devices market
The recent advancements such as fixator and pin design that have reduced the complexity of external distraction devices and have provided oral and maxillofacial surgeons with easily placeable and miniaturized distraction devices that can be efficiently used for bone lengthening and rising number of bone defects in pediatric patients are major factors that are expected to drive growth of the distraction osteogenesis devices market. According to the research published in National Center for Biotechnology Information (NCBI), 2019, the prevalence of craniosynostosis is around 1 in 2,000/2,500 births, globally. According to the Centers for Disease Control and Prevention, 2015, around 2,650 babies are born with cleft palate and around 4,440 babies are born with cleft lip each year in the U.S. Also, according to the study by Medical Futurist, 2013, skull and bone defects, foot deformities, and cleft palate account for 34% of the birth defects in the U.S., thus, leading to increasing demand for distraction osteogenesis devices in medical settings to efficiently treat facial deformities.
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