Market Overview:
The global extremity products 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 orthopedic diseases and injuries, rising geriatric population, and technological advancements in extremity products. The global extremity products market is segmented on the basis of type into upper extremities and lower extremities. The upper extremities segment is further sub-segmented into shoulder implants, elbow implants, hand implants, and wrist implants. The lower extremities segment is further sub-segmented into hip replacements, knee replacements, ankle replacements, and foot surgeries. On the basis of application, the global Extremity Products Market is divided into hospitals & clinics (including ASCs), research institutes & academies/universities), rehabilitation centers)and others (including defense forces). Hospitals are expected to account for a major share of the Extremity Products Market in 2018 owing to increasing number of surgical procedures performed in this setting across all regions globally.
Product Definition:
Extremity products are medical devices that are used to treat conditions or injuries of the arms and legs. These products include braces, casts, and splints. They are used to provide support and stability to the extremities, which can help speed healing and reduce pain. Extremity products are important because they can help people recover from injuries more quickly and with less pain.
Upper Extremities:
Upper extremities are the parts of the body that are above the neck and below the belt line. They consist of arms, shoulders, head, and neck. The upper extremities growth factor in Extremity Products market is driven by factors such as technological advancements in devices used for therapy & rehabilitation of patients after surgery or trauma; increasing prevalence of disorders affecting upper extremities such as stroke, cerebral palsy or traumatic brain injury (TBI), multiple sclerosis (MS), etc.
Lower Extremities:
Lower extremities are the lower part of the body, which includes feet and legs. The lower extremities market is driven by factors such as rising geriatric population base, increasing prevalence of diabetes and obesity in adults due to changing lifestyle habits. Moreover, technological advancements have led to development in medical devices used for treatment of various disorders pertaining to lower extremities such as diabetic foot ulcers or venous leg ulcers or even surgical removal of dead skin from the bottom of feet.
Application Insights:
Based on application, the global extremity products market is segmented into hospitals, clinics and ASCs. Hospitals held the largest share in 2016 owing to a large number of procedures for which prosthetics are required. Prosthetic devices such as sockets & fittings, eye-glasses & goggles, masks & hoods and others are majorly used in hospital based settings. The rising prevalence of diseases such as diabetes and obesity has led to an increase in foot ulcers which necessitates the use of specialty footwear with high heels that can be used for traction at a lower limb level. This factor is anticipated to drive growth over the forecast period.
Regional Analysis:
North America dominated the global extremity products market in 2017. The presence of well-developed healthcare infrastructure, high per capita healthcare spending and favorable reimbursement policies are some of the major factors responsible for its large share. In addition, increasing prevalence of sports injuries and road accidents is also expected to drive demand for these devices in this region. According to a study published by Journal Of Bone & Joint Surgery (JBJS), over 6 million patients were suffering from hip or knee osteoarthritis between 2010 and 2015 which was associated with significant morbidity including reduced mobility, increased pain level, decreased quality of life (QOL) and activity restriction among others.
Growth Factors:
- Increasing incidence of extremity injuries: The increasing incidence of extremity injuries is one of the key growth drivers for the Extremity Products 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 Extremity Products in the country over the forecast period.
- Rising awareness about advanced Extremity Products: There is a growing awareness among consumers about advanced and innovative Extremity Products available in the market, which is expected to boost demand for these products over the forecast period.
- Growing geriatric population: The global geriatric population is growing at a rapid pace, owing to factors such as improved healthcare facilities and rising life expectancy rates across regions worldwide. This trend is expected to have a positive impact on demand for Extremity Products in coming years, as elderly individuals are more prone to suffer from orthopedic problems and other related issues than younger people are..
Scope Of The Report
Report Attributes
Report Details
Report Title
Extremity Products 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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Extremity Products Market Report Segments:
The global Extremity Products 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 Extremity Products 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 Extremity Products 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
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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?
Extremity Products is a company that manufactures and sells products for the medical, beauty, and fitness industries. The company's products include surgical gloves, bandages, wound care supplies, compression garments and more.
Some of the major players in the extremity products 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 extremity products market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Extremity Products 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 Extremity Products Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Extremity Products 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 Extremity Products 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 Extremity Products Market Size & Forecast, 2020-2028
4.5.1 Extremity Products Market Size and Y-o-Y Growth
4.5.2 Extremity Products 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 Extremity Products 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 Extremity Products 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 Extremity Products Market: Competitive Dashboard
14.2 Global Extremity Products 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
