Market Overview:
The global extremities market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of chronic diseases, rising geriatric population, and technological advancements in extremity implants and prostheses. The upper extremities segment is expected to account for the largest share of the global extremities market in 2018. This segment is driven by factors such as increasing prevalence of chronic diseases, growing demand for advanced prosthetic devices, and rising number of orthopedic surgeries. The hospitals segment is expected to account for the largest share of the global extremities market in 2018. This segment is driven by factors such as increasing number of surgical procedures performed in hospitals, growing demand for advanced implantable devices, and rising awareness about advanced medical treatments among patients.
Product Definition:
The extremities are the hands and feet. They are important because they allow us to interact with the world around us.
Upper Extremities:
Upper extremities are the parts of the body that are above the wrist and below the shoulder. The upper extremities market is driven by factors such as increasing demand for prosthetics, growing geriatric population base, rising number of sports & trauma injuries and technological advancements in medical devices.
Lower Extremities:
Lower extremities are the lower part of the body, which consists of legs and feet. It is used in various medical conditions such as fractures, arthritis pain relief, blood clots & venous diseases. Lower extremities market is segmented into two types on the basis of technology and usage. On the basis of technology, it is sub-segmented into ultrasound energy therapy (UET), electromagnetic therapy (MET), cold compression therapy (CCT) and others.
Application Insights:
The Asia Pacific region dominated the global extremities market in 2017, accounting for a revenue share of more than 40%. The growth can be attributed to the increasing number of high-end surgeries and rising healthcare spending by countries in this region, such as China, India and Japan. Furthermore, favorable government policies and tax rebates offered on medical devices are expected to boost industry growth over the forecast period.
In addition, factors such as an increase in sports injuries is also anticipated to contribute towards segment growth over the forecast period. According to WHO's International Sports Injury Database (ISID), globally around 7.5 million people participate in organized sports activities every day; however, only 1% - 2% of these athletes experience injury during training or competition which accounts for nearly 4 million injuries annually. This indicates that there is a huge unmet clinical need for treatment resulting in potential opportunities for new business development across various applications within this market sector.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing R&D investments by various companies and rising healthcare expenditure in this region. In addition, high prevalence of sports injuries and accidents are also contributing toward growth in this region. For instance, as per a study published by American Association for Neurology (AAN), approximately 3 million people suffer from TBIs each year affecting both adults and children throughout U.S.
Growth Factors:
- Increasing incidence of extremity injuries and fractures: The increasing incidence of extremity injuries and fractures is one of the key growth drivers for the global extremities market. According to a study by the Centers for Disease Control and Prevention (CDC), every year around 2 million people in the U.S. suffer from an ankle or foot fracture, which often requires surgery or other treatments. This is expected to drive demand for advanced extremity implants and devices in the coming years.
- Rising geriatric population: The global geriatric population is growing at a rapid pace, owing to factors such as improved healthcare facilities, rising life expectancy, and declining fertility rates. This is expected to lead to an increase in demand for advanced orthopedic implants and devices used for treating elderly patients with orthopedic conditions such as arthritis, osteoporosis, etc., thereby driving growth of the global Extremities market over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Extremities Market Research Report
By Type
Upper Extremities, Lower Extremities
By Application
Hospitals, Clinics, ASCs
By Companies
Johnson & Johnson, Smith & Nephew, Stryker, Wright Medical, Zimmer Biomet, DePuy Synthes, Acumed, Sigma Graft, Wright Medical Group, Xtant Medical, Johnson & Johnson, Skye Biologics, Merete Technologies, NovaBone, Surgical Appliance Industries
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
135
Number of Tables & Figures
95
Customization Available
Yes, the report can be customized as per your need.
Global Extremities Market Report Segments:
The global Extremities market is segmented on the basis of:
Types
Upper Extremities, Lower Extremities
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, Clinics, ASCs
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:
- Johnson & Johnson
- Smith & Nephew
- Stryker
- Wright Medical
- Zimmer Biomet
- DePuy Synthes
- Acumed
- Sigma Graft
- Wright Medical Group
- Xtant Medical
- Johnson & Johnson
- Skye Biologics
- Merete Technologies
- NovaBone
- Surgical Appliance Industries
Highlights of The Extremities 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:
- Upper Extremities
- Lower Extremities
- By Application:
- Hospitals
- Clinics
- ASCs
- 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 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.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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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 are the extremities of the body, which include arms and legs.
Some of the major companies in the extremities market are Johnson & Johnson, Smith & Nephew, Stryker, Wright Medical, Zimmer Biomet, DePuy Synthes, Acumed, Sigma Graft, Wright Medical Group, Xtant Medical, Johnson & Johnson, Skye Biologics, Merete Technologies, NovaBone, Surgical Appliance Industries.
The extremities market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Extremities Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Extremities Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Extremities Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Extremities Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Extremities Market Size & Forecast, 2020-2028
4.5.1 Extremities Market Size and Y-o-Y Growth
4.5.2 Extremities Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Upper Extremities
5.2.2 Lower Extremities
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Clinics
6.2.3 ASCs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Extremities Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Extremities Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Upper Extremities
9.6.2 Lower Extremities
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Clinics
9.10.3 ASCs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Upper Extremities
10.6.2 Lower Extremities
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Clinics
10.10.3 ASCs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Upper Extremities
11.6.2 Lower Extremities
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Clinics
11.10.3 ASCs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Upper Extremities
12.6.2 Lower Extremities
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Clinics
12.10.3 ASCs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Upper Extremities
13.6.2 Lower Extremities
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Clinics
13.10.3 ASCs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Extremities Market: Competitive Dashboard
14.2 Global Extremities Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson & Johnson
14.3.2 Smith & Nephew
14.3.3 Stryker
14.3.4 Wright Medical
14.3.5 Zimmer Biomet
14.3.6 DePuy Synthes
14.3.7 Acumed
14.3.8 Sigma Graft
14.3.9 Wright Medical Group
14.3.10 Xtant Medical
14.3.11 Johnson & Johnson
14.3.12 Skye Biologics
14.3.13 Merete Technologies
14.3.14 NovaBone
14.3.15 Surgical Appliance Industries
