Extremity Reconstruction Devices Market By Product (Plating Systems, Bone Wedge Solutions, Screws Systems¸ Instrumentation Systems, 3D Printed Components, Joint Replacement Systems), By Application (Upper Extremity Reconstruction, Lower Extremity Reconstruction), By Material (Metallic Biomaterials, Ceramic Biomaterials, Polymeric Biomaterials) - Growth, Future Prospects, And Competitive Analysis, 2017 - 2025

Extremity reconstruction devices include implants used in the shoulder, elbow, ankle, wrist, and the digits of the hands and feet. The global extremity reconstruction devices market expected to show significant market growth during forecast period due to growing incidence of joint disabling diseases, trauma, rising number of sports related injuries and technological innovation in reconstruction devices. Moreover, extremity replacement procedures are safe and effective to relieve pain and help to resume everyday activities.

The report titled “Extremity Reconstruction Devices Market - Growth, Future Prospects and Competitive Analysis, 2017–2025” offers strategic insights into the overall extremity reconstruction devices market along with the market size and estimates for the duration 2015 to 2025. The research study covers in-depth analysis of market segments based on product types such as plating systems, bone wedge solutions, screws systems, instrumentation systems, 3D printed components, joint replacement systems, and others (shafts, sockets, connectors, covering for cosmetic appearance, etc.). Based on material type, this market is segmented into metallic, ceramic and polymeric biomaterials. The applications considered for the purpose of this study are lower and upper extremity reconstruction. Geographically, the global extremity reconstruction devices market is studied for the following regional markets:   

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of LATAM
  • Middle East and Africa
  • GCC
  • Rest of MEA

Market size and forecast for these regional and country level markets are presented in this study for the period 2015-2025. Market growth rates for the forecast period 2017-2025 are also included in this report, considering 2016 as the base year.

Along with the quantitative information, qualitative evidence sets and assessment tools are provided in this study for better analysis of the overall market scenario and future prospects. Information such as drivers, challenges and opportunities assists the readers for understanding the ongoing trends in the global extremity reconstruction devices market. Tools such as market positioning of key players and attractive investment proposition provide the readers with insights on the competitive scenario of the global extremity reconstruction devices market. This report concludes with company profiles section that highlights major information about the key players engaged in global extremity reconstruction devices market. In-depth competitive environment analysis and historical year (2015) market size data are also provided in the report. Thus, the research study provides a holistic view of the global extremity reconstruction devices market, offering market size and estimates for the period from 2015 to 2025, keeping in mind the above-mentioned factors. 

Extremity Reconstruction Devices Market

Based on application types, the global extremity reconstruction devices market is segmented as follows:

  • Upper Extremity Reconstruction
    • Shoulder Replacement
      • Total
      • Partial
      • Revision
    • Elbow Replacement
    • Wrist Reconstruction
    • Finger Joint Replacement
  • Lower Extremity Reconstruction
    • Hip Reconstruction
      • Total
      • Partial
      • Revision
    • Knee Reconstruction
      • Total
      • Partial
      • Revision
    • Ankle Replacement

The global extremity reconstruction devices market expected to show significant market growth during forecast period due to growing incidence of joint disabling diseases, trauma, rising number of sports related injuries and technological innovation in reconstruction devices. Moreover, extremity replacement procedures are safe and effective to relieve pain and help to resume everyday activities. For the purpose of this study, extremity reconstruction devices market is segmented on the basis of application such as upper and lower reconstruction devices. It is observed that, in the base year 2016, upper extremity reconstruction is the major revenue generating segment due to higher incidence of traumatic hand injuries, congenital deformity and growing incidence of diseases such as rheumatoid arthritis, osteoarthritis and tetraplegia.  Among the upper extremity reconstruction devices, shoulder replacement held largest market share due to the higher scale of target population. According to the Agency for Healthcare Research and Quality, approximately 53,000 people in the United States have shoulder replacement surgery each year. Currently, in the United States, more than one half of shoulder surgeries are reverse shoulder arthroplasties. Reverse shoulder surgeries trend is observed in the market due to growing application to patients, both elderly and geriatrics. Furthermore, surgeons are becoming more acclimatized with these surgeries and its successful outcomes. Shoulder replacement market is primarily developed by smaller companies offering differentiated implants and emerging surgical techniques.

Extremity Reconstruction Devices Market

For the purpose of this study, the global extremity reconstruction devices market is categorized into:

  • North America
    • United States
    • Canada
  • Europe
    • U.K.
      Germany
      Rest of Europe
  • Asia Pacific
    • China
      Japan
      Rest of Asia Pacific
  • Latin America (LATAM)
    • Brazil
      Mexico
      Rest of LATAM
  • Middle East and Africa (MEA)
    • GCC
    • Rest of MEA

extremity-reconstruction-devices-market

In the base year 2016, North America was dominating the global extremity reconstruction devices market with United Sates being the largest county-level market due to the factors such as swift adoption of novel technologies, higher reference to medical assistance, better reimbursement policies in healthcare systems and higher cost of devices. Furthermore, inclination to regain active lifestyle pattern supported by higher disposable income are other factors that are assisting market growth in North America. Extremity implants are approved using the US-FDA’s 510(k) pathway, it requires to demonstrate the safety of a new medical device by showing that it is identical to a device that is already approved in the market. This pathway decreases regulatory requirements and also allows devices to be introduced in the market with minimal clinical data.

Asia Pacific is expected to show significant market growth during the forecast period due to growing awareness related to joint reconstruction procedures among the general population in emerging nations such as India and China. Developing economic condition, rising treatment awareness, developing healthcare infrastructure, populous countries such as China and India, growing investments and partnering of key players with local manufacturers are expected to drive the extremity reconstruction devices market growth in Asia Pacific during forecast period 2017-2025.

Based on material types, the global extremity reconstruction devices market is segmented as follows:  

  • Metallic Biomaterials
  • Ceramic Biomaterials
  • Polymeric Biomaterials

Extremity reconstruction devices are used to repair, replace, or heal extremity injuries such as fractures or damage to the musculoskeletal system. At present, the key market players are focusing on manufacturing of materials with abilities to interact with the human tissue and body fluids and to elicit specific biological responses. The biomaterials used in orthopedic surgery are primarily categorized as metallic biomaterials (Fe, Cr, Co, Ni, Ti, Ta, Mo, W etc.), ceramic biomaterial (alumina, zirconia, silica, hydroxyapatite, titanium nitride, silicon nitride etc.) and polymeric biomaterial. However, combination of materials such as metal-on-metal, ceramic-on-metal, metal-on-polymer and ceramic-on-polymeric material trend is observed in the market. It is studied that currently, metallic biomaterials is a major revenue contributing segment due to their better tolerability, durability and cost effectiveness. Metallic devices are commonly used as fractured plates, prostheses stems, shaft, plates etc. Moreover, it is common component in bone fixation (screws, load-bearings, pins etc.). Furthermore, metallic materials such as iron, cobalt, chromium, titanium, and tantalum would assist market growth because metallic prostheses are prime component of extremity reconstruction.

 Extremity Reconstruction Devices Market

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Published Date:  Nov 2017
Category:  Medical Devices
Report ID:   58801
Report Format:   PDF
Pages:   120
Rating:    4.5 (70)
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