Rising geriatric population, owing to improvements in healthcare facilities is expected to lead towards higher prevalence of joint disorders. In addition, number of injuries related to trauma, and sports are witnessing a surge. These factors are expected to spur demand for extremity reconstruction devices in the upcoming years. This Fact.MR report analyzes the expansion of global extremities reconstruction market till date, and provides key insights on the growth of the market during the forecast period, 2017-2022.
The scope of Fact.MR’s report is to analyze the global extremities reconstruction market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global extremities reconstruction market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to extremities reconstruction.
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Fact.MR’s recent study anticipates the global extremities reconstruction market to register a significant growth over the forecast period 2017 to 2022. Revenues from the global market for extremities reconstruction are expected to exceed US$ 2,000 Mn by 2022-end.
North America to be Fastest Expanding Market for Extremities Reconstruction
North America is projected to be the fastest expanding market for extremities reconstruction, with sales poised to exceed US$ 600 Mn in revenues by 2022-end. The market in Asia-Pacific excluding Japan (APEJ) is expected to create an absolute $ opportunity of nearly US$ 110 Mn between 2017 and 2022.
Among types of extremities reconstruction, elbow reconstruction will remain more lucrative than hand & wrist reconstruction, but less lucrative than shoulder reconstruction during 2017 to 2022. Ankle reconstruction will account for the lowest revenues in the market.
Based on end-users, orthopedic clinics are expected to exhibit a relatively higher CAGR in the global extremities reconstruction market through 2022. Revenues from extremities reconstruction surgeries in orthopedic clinics are expected to reach approximately US$ 600 Mn by 2022-end.
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Various biomaterials have been adopted for extremities reconstruction, including ceramic, metallic and polymeric biomaterials. Polymeric biomaterial is estimated to remain the least attractive in the market, whereas demand for ceramic biomaterial is projected to rise significantly over the forecast period.
Competition Tracking
Fact.MR’s report has listed key players in the global extremities reconstruction market, which include Acumed, LLC, Arthrex, Inc., CONMED Corporation, Depuy Synthes, Inc., Integra LifeSciences Holdings Corporation, Medtronic Plc, Smith & Nephew Plc, Zimmer Biomet Holdings, Inc., Orthofix International N.V., Wright Medical Group N.V., and Stryker Corporation.
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