High Tibial Osteotomy Plates Industry - Regional Synopsis
North American Market Forecast
North America industry is estimated to hold largest revenue share of 42% by 2037. impelled by the presence of key market players. This has led to an increase in product approvals. For instance, in August 2021 Zimmer Biomet Holdings, Inc. along with Canary Medical received approval from the U.S. Food and Drug Administration (FDA) for the world's first and only smart knee implant, Persona the Personalized Knee to provide joint replacement patients access to their own mobility data and help regain and maintain their mobility with confidence.
European Market Statistics
The Europe high tibial osteotomy plates market is estimated to be the second largest, during the forecast timeframe led by the presence of well-established healthcare infrastructure. Government subsidies are provided for citizens who cannot afford health insurance coverage in the majority of European countries such as Germany which receives its main funding from the public sector. Moreover, Germany has a strong and established market for medical equipment and has a robust healthcare system which was founded on the tenets of self-governance and solidarity.
