Global Orthopedic Oncology Treatment Market is Expected to Grow at 2.5% by 2030.
Orthopedic oncology accounts for a very small percentage in the field of orthopedics due to fact that the incidences of bone and soft tissue tumors are rare as compared to the benign tumors of musculoskeletal system which includes trauma, spine, hand and upper extremity, total joints and even pediatric orthopedics.
Sometimes the tumors or tumor-like conditions show up in the bone and soft tissue of the musculoskeletal system this condition is called bone cancer. A medical specialty concerned with the diagnosis and treatment of benign and malignant tumors of bone and soft tissues. These tumors include Ewing sarcoma, osteosarcoma, and other malignancies that involve the musculoskeletal system. Orthopedic oncology represents only a small percentage of the field of orthopedics. Even when benign tumors of the musculoskeletal system are included, the incidence of these conditions pales in comparison to trauma, spine, hand and upper extremity, total joints, and even pediatric orthopedics. However, orthopedic oncology continues to be invigorated by exciting developments and research that has advanced the care of patients with various bone and soft-tissue tumors. Additional advances have come in the field of imaging. Computer tomography (CT) is used to identify pulmonary metastasis, which can be treated with chemotherapy and/or resection with potential cure in many cases. Magnetic resonance imagings (MRI) better defines local extent of disease and skip metastases to allow accurate definitive surgery and early detection of local recurrence. Finally, positron emission tomography (PET) is proving to be valuable in the detection of local recurrence and may be a valuable predictor of response to chemotherapy in bone and soft tissue malignancies.
Orthopedic oncology accounts for a very small percentage in the field of orthopedics due to fact that the incidences of bone and soft tissue tumors are rare as compared to the benign tumors of musculoskeletal system which includes trauma, spine, hand and upper extremity, total joints and even pediatric orthopedics. However, the field of orthopedic oncology continues to be invigorated by exhilarating research and developments that has enhanced the level of treatment and care of patients with various bone and soft-tissue tumors. Currently, most patients with primary bone sarcomas are offered limb salvage surgery without increasing the risk of survival at the sarcoma centers. Moreover, the advances in the imaging technique and surgical techniques have further improved the treatment of patients with bone and soft-tissue malignancies. Orthopedic oncologists continue to collaborate with other subspecialists to integrate advances in surgical techniques. This is especially true for the development of implants and image guided surgery.
The global orthopedic oncology treatment market on type of procedures has been segmented into soft tissue excisions/resections, limb salvage surgery, amputation, adjuvant chemotherapy and reconstructive surgery. The reconstructive surgery is further sub-segmented into hip & joint replacement and bone grafts.
Dominating Segment is Reconstructive surgery
Reconstructive surgery has the largest share in the global orthopedic oncology treatment market. The bone grafting techniques are anticipated to grow at the highest rate during the forecast period owing to the advances in the field of prosthesis and endoprosthesis.
Latin America and Middle East and Africa are emerged as the most potential market
In base 2020, Asia Pacific was observed as the largest market for orthopedic oncology market. Large disease prevalence along with the growing healthcare ecosystem in the region has assisted the growth of the orthopedic oncology market in Asia-Pacific. Moreover, growth in the medical tourism in the region in the last decade has further fueled the market for orthopedic oncology treatment market in Asia-Pacific. Latin America and Middle East and Africa are emerged as the most potential market due to the high prevalence of osteosarcoma and lower treatment option available in the region. Hence, this market would exhibit a strong growth rate during the forecast period with the development of the healthcare infrastructure.
Historical & Forecast Period
This study report represents analysis of each segment from 2022 to 2032 considering 2023 as the base year. Compounded Annual Growth Rate (CAGR) for each of the respective segments estimated for the forecast period of 2024 to 2032.
The current report comprises of quantitative market estimations for each micro market for every geographical region and qualitative market analysis such as micro and macro environment analysis, market trends, competitive intelligence, segment analysis, porters five force model, top winning strategies, top investment markets, emerging trends and technological analysis, case studies, strategic conclusions and recommendations and other key market insights.
Research Methodology
The complete research study was conducted in three phases, namely: secondary research, primary research, and expert panel review. key data point that enables the estimation of Orthopedic Oncology Treatment market are as follows:
Market forecast was performed through proprietary software that analyzes various qualitative and quantitative factors. Growth rate and CAGR were estimated through intensive secondary and primary research. Data triangulation across various data points provides accuracy across various analyzed market segments in the report. Application of both top down and bottom-up approach for validation of market estimation assures logical, methodical and mathematical consistency of the quantitative data.
ATTRIBUTE | DETAILS |
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Research Period | 2022-2032 |
Base Year | 2023 |
Forecast Period | 2024-2032 |
Historical Year | 2022 |
Unit | USD Million |
Segmentation | |
Type of Procedure
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Region Segment (2022-2032; US$ Million)
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Key questions answered in this report