Market Overview:
The global extremities implants market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of orthopedic diseases and disorders, rising geriatric population, and technological advancements in extremity implants. The shoulder implants segment is expected to account for the largest share of the global extremities implants market in 2018. This segment is projected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030.
Product Definition:
Extremities Implants are specially designed implants that are used to replace or repair the extremities of the body, such as the arms and legs. They are often made from metal alloys or plastic materials, and can be used in a variety of medical procedures. Extremities implants can be used to treat injuries or deformities, and can help patients regain mobility and function.
Shoulder Implants:
Shoulder implants are used to correct congenital deformities in the shoulder area. They are also used as a component of reconstruction procedures after accidents or trauma such as an injury caused by a motor vehicle collision, sports injury, or gunshot wound. The market is expected to grow at a lucrative rate due to increasing incidences of these conditions and demand for cosmetic surgery from the aging population across the globe.
Elbow Replacements:
Elbow replacements are surgical procedures used to replace the damaged elbow joint. The most common cause of elbow joint damage is a direct blow or trauma to the elbow, which causes the articular cartilage and ligaments to fracture. Elbow replacement surgery involves removing the damaged part of the bone and replacing it with an artificial one.
Application Insights:
The hospitals application segment dominated the market in 2017. Extremity implants are majorly used in orthopedic surgeries to enable better mobility and reduce pain. The knee implants are most commonly used as they offer stability and support to the joint, thereby reducing pain and enabling better movement. According to a study published by NCBI, out of 1,000 knee replacement surgeries performed annually, about 20% of these procedures take place at outpatient clinics or surgical centers without an overnight stay in a hospital bed. This trend is expected to continue over the forecast period due largely to improved healthcare infrastructure across various regions coupled with rising geriatric population base that requires orthopedic surgeries for which these devices are implanted.
The ambulatory settings application segment is anticipated witness significant growth over the forecast period owing largely due its growing adoption among military personnel as well as athletes who suffer from sports injuries requiring immediate care but not necessarily admission into an intensive care unit (ICU).
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period due to favorable reimbursement policies, increasing geriatric population, and availability of advanced technologies for treatment. In addition, rising number of research and development activities by key players is anticipated to fuel regional growth over the next eight years.
Asia Pacific is estimated to be fastest-growing region from 2018 to 2030 owing high prevalence of osteoarthritis in developing countries such as India and China along with growing healthcare expenditure levels. Moreover, increasing medical tourism industry coupled with improving healthcare infrastructure will drive regional growth over the forecast period. For instance, Aspen Dental Care plans on opening a new center in China that focuses on dental implants surgery procedures using state-of-the-art technology & equipment within a short span of time after receiving approval from Chinese government authorities in 2016 (Aspen Dental press release).
Growth Factors:
- Increasing incidence of extremity injuries: The increasing incidence of extremity injuries is one of the key growth drivers for the Extremities Implants market. According to a study by the Centers for Disease Control and Prevention (CDC), around 2 million people in the U.S. are treated annually for extremity injuries, which is likely to drive demand for Extremities Implants products over the forecast period.
- Rising awareness about advanced Extremities Implants products: There is a growing awareness among patients and healthcare professionals about advanced Extremities Implants products available in the market, which is expected to boost demand for these implants over the forecast period.
- Growing number of orthopedic surgeons: The growing number of orthopedic surgeons is another major factor that is expected to drive growth of the global Extremities Implants market over the next few years. This can be attributed to rising incidences of bone fractures and other musculoskeletal disorders across globe, which are requiring surgical intervention in majority cases .This would subsequently lead to an increase in demand for various types os extremity implants from orthopedic surgeons globally .
- . Technological advancements: The advent if new technologies has led t o significant advancements in extremity implant technology, thereby providing better outcomes tor patients post surgery These technological advancements are anticipated top rovide impetusto th egrowth oft he globalExtremit iesImpl antsmarketoverthefo recastperiod .
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Scope Of The Report
Report Attributes
Report Details
Report Title
Extremities Implants Market Research Report
By Type
Shoulder Implants, Elbow Replacements, Ankle Implants, Other
By Application
Hospitals, Ambulatory Settings, Clinics
By Companies
Stryker Corporation, Synthes, Boston Scientific, Zimmer Biomet, Smith & Nephew, Medtronic, St. Jude Medical, Tornier
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Extremities Implants Market Report Segments:
The global Extremities Implants market is segmented on the basis of:
Types
Shoulder Implants, Elbow Replacements, Ankle Implants, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Hospitals, Ambulatory Settings, Clinics
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stryker Corporation
- Synthes
- Boston Scientific
- Zimmer Biomet
- Smith & Nephew
- Medtronic
- St. Jude Medical
- Tornier
Highlights of The Extremities Implants Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Shoulder Implants
- Elbow Replacements
- Ankle Implants
- Other
- By Application:
- Hospitals
- Ambulatory Settings
- Clinics
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Extremities Implants Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Extremities implants are a type of medical device that are inserted into the body to help restore function to a missing or damaged extremity. These devices can be used to replace lost limbs, provide support for joint replacement surgery, or help patients with conditions such as cerebral palsy and polio.
Some of the major companies in the extremities implants market are Stryker Corporation, Synthes, Boston Scientific, Zimmer Biomet, Smith & Nephew, Medtronic, St. Jude Medical, Tornier.
The extremities implants market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Extremities Implants 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. Extremities Implants Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Extremities Implants Market - Supply Chain
4.5. Global Extremities Implants Market Forecast
4.5.1. Extremities Implants Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Extremities Implants Market Size (000 Units) and Y-o-Y Growth
4.5.3. Extremities Implants Market Absolute $ Opportunity
5. Global Extremities Implants Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Extremities Implants Market Size and Volume Forecast by Type
5.3.1. Shoulder Implants
5.3.2. Elbow Replacements
5.3.3. Ankle Implants
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Extremities Implants Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Extremities Implants Market Size and Volume Forecast by Application
6.3.1. Hospitals
6.3.2. Ambulatory Settings
6.3.3. Clinics
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Extremities Implants Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Extremities Implants Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Extremities Implants Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Extremities Implants Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Extremities Implants Demand Share Forecast, 2019-2026
9. North America Extremities Implants 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
9.2. North America Extremities Implants Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Extremities Implants Market Size and Volume Forecast by Application
9.4.1. Hospitals
9.4.2. Ambulatory Settings
9.4.3. Clinics
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Extremities Implants Market Size and Volume Forecast by Type
9.7.1. Shoulder Implants
9.7.2. Elbow Replacements
9.7.3. Ankle Implants
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Extremities Implants Demand Share Forecast, 2019-2026
10. Latin America Extremities Implants 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. Latin America Average Pricing Analysis
10.2. Latin America Extremities Implants Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Extremities Implants Market Size and Volume Forecast by Application
10.4.1. Hospitals
10.4.2. Ambulatory Settings
10.4.3. Clinics
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Extremities Implants Market Size and Volume Forecast by Type
10.7.1. Shoulder Implants
10.7.2. Elbow Replacements
10.7.3. Ankle Implants
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Extremities Implants Demand Share Forecast, 2019-2026
11. Europe Extremities Implants Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Extremities Implants Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Extremities Implants Market Size and Volume Forecast by Application
11.4.1. Hospitals
11.4.2. Ambulatory Settings
11.4.3. Clinics
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Extremities Implants Market Size and Volume Forecast by Type
11.7.1. Shoulder Implants
11.7.2. Elbow Replacements
11.7.3. Ankle Implants
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Extremities Implants Demand Share, 2019-2026
12. Asia Pacific Extremities Implants Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Extremities Implants Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Extremities Implants Market Size and Volume Forecast by Application
12.4.1. Hospitals
12.4.2. Ambulatory Settings
12.4.3. Clinics
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Extremities Implants Market Size and Volume Forecast by Type
12.7.1. Shoulder Implants
12.7.2. Elbow Replacements
12.7.3. Ankle Implants
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Extremities Implants Demand Share, 2019-2026
13. Middle East & Africa Extremities Implants Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Extremities Implants Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Extremities Implants Market Size and Volume Forecast by Application
13.4.1. Hospitals
13.4.2. Ambulatory Settings
13.4.3. Clinics
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Extremities Implants Market Size and Volume Forecast by Type
13.7.1. Shoulder Implants
13.7.2. Elbow Replacements
13.7.3. Ankle Implants
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Extremities Implants Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Extremities Implants Market: Market Share Analysis
14.2. Extremities Implants Distributors and Customers
14.3. Extremities Implants Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stryker Corporation
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Synthes
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Boston Scientific
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Zimmer Biomet
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Smith & Nephew
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Medtronic
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. St. Jude Medical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Tornier
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
