Orthopedic Extremity Market

Orthopedic Extremity Market by Product types (Lower Extremity Devices [Knee, Foot, Ankle, And Hip], Upper Extremity Devices [Elbow, Radius, And Shoulder], Arthroscopic Devices, Spine Orthopedic Devices [Fixation Screws, Artificial Discs, Fixation Plates, Fixation Rod/Nail, Fixation Plates, And Fixation Wires], Orthobiologics [Bone Growth Factors, Bone Cement, and Bone Graft Substitute], and Braces & Support Devices) and Regions (Asia Pacific, North America, Latin America, Europe, and Middle East & Africa) - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast 2021 – 2028

  • Report ID: HC-589
  • Author: Growth Market Reports
  • Rating: 4.7
  • Total Reviews: 2
  • No. Of Pages: 190
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The global orthopedic extremity market size is anticipated to expand at a substantial CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the increasing geriatric population worldwide and increasing expenditure by people on health. The orthopedic extremity market is expected to improve mobility for all types of orthopedic diseases. For orthopedic conditions such as osteonecrosis of the legs, knees, and ankles, improvised implants are still in demand. The demand is expected to expand due to improved surgical techniques that are more precise.

Orthopedic Extremity Market Key Takeaways

An extremity is a body appendage that is divided into two categories: upper extremity and lower extremity. The shoulder, wrist, and hand are all part of the upper extremity, also known as upper limb. The elbows, ankles, and ankle joints, as well as the bones of the thigh, shoulder, and foot, are part of the lower extremity. Extremity includes ligaments, nerves, veins, tendons and joints, arteries. Extremity injury can occur to anyone who is participating in athletics, stumbling, or engaging in other physical activities. Most of the serious extremity injuries include fractures, sprains, dislocations, contusions, and lacerations. Although these injuries are treated only after life-threatening injuries have been tackled, the goals of treatment remain accurate diagnosis and timely intervention procedures to achieve the best possible result. Advances in tourniquet science, broader-spectrum antibiotics, use of negative pressure wound therapy, easier bone stabilization options, and ever-evolving reconstructive techniques have all expanded the surgeon's toolkit for salvaging critically injured limbs.

Market Trends, Drivers, Restraints, and Opportunities

  • Increased sports related injuries, rising prevalence of obesity and bone related conditions such as osteoporosis and osteoarthritis are factors expected to drive the market growth during the forecast period.
  • Increasing application of minimally invasive surgeries and pre-operative/intra-operative planning software, as well as the rising demand for reverse shoulder implants and low reimbursement pressure are projected to boost the market growth during the forecast period.
  • Increased demand for innovative and efficient implants such as metal and ceramic are expected to propel the market growth.
  • Increasing cases of COVID 19 has resulted in decline of orthopedic procedures worldwide this presents a major factor that can hamper the market growth.
  • Lack of trained surgeons and post-surgery complications present as key challenges that can impede the market growth in the coming years.
  • Increased adoption of gene therapy and tissue engineering for prevention of orthopedic disorders possess a key challenge that can hamper the market growth.
  • Increased emphasis on R&D for development of minimally invasive orthopedic devices by key players of the market is projected to offer lucrative opportunities for the market players.

Scope of the Report

The report on the global orthopedic extremity market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes

Details

Report Title

Orthopedic Extremity Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018–2019

Forecast Period

2021–2028

Segmentation

Product types (Lower Extremity Devices [Knee, Foot, Ankle, And Hip], Upper Extremity Devices [Elbow, Radius, And Shoulder], Arthroscopic Devices, Spine Orthopedic Devices [Fixation Screws, Artificial Discs, Fixation Plates, Fixation Rod/Nail, Fixation Plates, And Fixation Wires], Orthobiologics [Bone Growth Factors, Bone Cement, and Bone Graft Substitute], and Braces & Support Devices)

Regional Scope

Asia Pacific, North America, Latin America, Europe, and Middle East & Africa

Report Coverage

Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast

Key Players Covered in the Report

Acumed; Alphatec Spine; Biomet; Integra Life Sciences; Semprus Biosciences; DePuy Synthes; Conmed; Skeletal Dynamics; DIGIMED Ortho


Market Segment Insights

Upper extremity devices segment is expected to account for a key share of the market
Based on product types, the orthopedic extremity market is segmented into lower extremity devices, upper extremity devices, arthroscopic devices, spine orthopedic devices, orthobiologics, and braces & support devices. The upper extremity devices segment is further sub segmented into elbow, radius, and shoulder. The lower extremity devices segment is further sub segmented into knee, foot, ankle, and hip. The orthopedic devices segment is further sub segmented into fixation screws, artificial discs, fixation plates, fixation rod/nail, fixation plates, and fixation wires. The Orthobiologic segment is further sub segmented into bone growth factors, bone cement, and bone graft substitute. The upper extremity devices segment is expected to account for a key share of the market during the forecast period owing to the increasing demand for shoulder replacement and technical advancements such as implant life extension, improved patient outcomes, and minimally invasive surgery.

On the other hand, the lower extremity devices segment is anticipated to expand at a rapid pace during the forecast period due to increasing prevalence of bone related conditions such as osteonecrosis, osteoporosis, osteoarthritis, and fractures.

Orthopedic Extremity Market By Product types

North America is anticipated to dominate the market
On the basis of regions, the orthopedic extremity market is classified as Asia Pacific, North America, Latin America, Europe, and Middle East & Africa. North America is anticipated to dominate the market at a healthy CAGR during the forecast period. The regional market growth can be attributed to increased sports injuries, increasing geriatric population worldwide and health awareness amongst the public. Developments in orthopedic implants, such as screws and anatomic plates in trauma procedures, and biocomposite anchors, such as all-suture anchors in soft tissue reconstruction and sports medicine procedures are other factor which are propelling the growth in this region. The companies in this region are concentrating on expanding their extremities portfolio by handling a variety of anatomic locations and developing a specialist sales team.

On the other hand, Asia Pacific is expected to exhibit a rapid growth rate in the coming years owing to increasing prevalence of obesity and bone related disorders such as musculoskeletal diseases.

 Orthopedic Extremity Market By Regions

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Orthopedic Extremity Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Orthopedic Extremity Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Orthopedic Extremity Market - Supply Chain
  4.5. Global Orthopedic Extremity Market Forecast
     4.5.1. Orthopedic Extremity Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Orthopedic Extremity Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Orthopedic Extremity Market Absolute $ Opportunity
5. Global Orthopedic Extremity Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Orthopedic Extremity Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Orthopedic Extremity Demand Share Forecast, 2019-2026
6. North America Orthopedic Extremity Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Orthopedic Extremity Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Orthopedic Extremity Demand Share Forecast, 2019-2026
7. Latin America Orthopedic Extremity Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Orthopedic Extremity Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Orthopedic Extremity Demand Share Forecast, 2019-2026
8. Europe Orthopedic Extremity Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Orthopedic Extremity Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Orthopedic Extremity Demand Share Forecast, 2019-2026
9. Asia Pacific Orthopedic Extremity Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Orthopedic Extremity Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Orthopedic Extremity Demand Share Forecast, 2019-2026
10. Middle East & Africa Orthopedic Extremity Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Orthopedic Extremity Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Orthopedic Extremity Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Orthopedic Extremity Market: Market Share Analysis
  11.2. Orthopedic Extremity Distributors and Customers
  11.3. Orthopedic Extremity Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Acumed
     11.4.2. Alphatec Spine
     11.4.3. Biomet
     11.4.4. Integra Life Sciences
     11.4.5. Semprus Biosciences
     11.4.6. DePuy Synthes
     11.4.7. Conmed
     11.4.8. Skeletal Dynamics
     11.4.9. DIGIMED Ortho
Segments Covered in the Report
The global orthopedic extremity market has been segmented on the basis of

Product types
  • Lower Extremity Devices
    • Knee
    • Foot
    • Ankle
    • Hip
  • Upper Extremity Devices
    • Elbow
    • Radius
    • Shoulder
  • Arthroscopic Devices
  • Spine Orthopedic Devices
    • Fixation Screws
    • Artificial Discs
    • Fixation Plates
    • Fixation Rod/Nail
    • Fixation Plates
    • Fixation Wires
  • Orthobiologics
    • Bone Growth Factors
    • Bone Cement
    • Bone Graft Substitute
  • Braces & Support Devices
Regions
  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa
Key Players
  • Acumed
  • Alphatec Spine
  • Biomet
  • Integra Life Sciences
  • Semprus Biosciences
  • DePuy Synthes
  • Conmed
  • Skeletal Dynamics
  • DIGIMED Ortho

Key players competing in the orthopedic extremity market are Acumed; Alphatec Spine; Biomet; Integra Life Sciences; Semprus Biosciences; DePuy Synthes; Conmed; Skeletal Dynamics; and DIGIMED Ortho.

Some of the business strategies of key player in the market include innovations in treatment techniques such as robot-assisted total hip arthroplasty (THA) with higher component orientation precision. These businesses are also involved in innovative product development by regulatory pathway specification, and surgeons are giving them positive feedback. Mergers and acquisitions in the market are likely to provide growth opportunities for key players.

 Orthopedic Extremity Market By Key Players

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