Global $7.4 Bn Small Joint Reconstructive Implants Market to 2024 - Rising Number of Collaborations and Acquisitions
DUBLIN, Sept. 25, 2019 /PRNewswire/ -- The "Small Joint Reconstructive Implants Market Research Report: By Type, Material, End-User - Regional Insight - Global Industry Analysis and Demand Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The global small joint reconstructive implants market reached a value of $7.4 billion in 2018 and is predicted to witness a 5.5% CAGR during 2019-2024 (forecast period).
The major factors driving the growth of the market are the increasing prevalence of osteoporosis and arthritis and surging geriatric population. Small joint reconstructive implants, which are made up of metals and polymers, are used for small joints replacement surgeries, which involve replacing a destroyed joint with an artificial one. The surgery of small joints requires either replacement or fusion.
When type is taken into consideration, the small joint reconstructive implants market is divided into foot & ankle, staple fixation, hand & wrist, and other implants. Others' include shoulder reconstruction devices, external fixation devices, screws, and plates. Out of these, the hand & wrist category dominated the market during the historical period (2014-2018), holding a share of 44.2% in 2018. This is due to the growing number of sports injuries and rising geriatric population across the world. This category is further expected to experience the highest CAGR during the forecast period.
The small joint reconstructive implants market is bifurcated into ambulatory surgical centers (ASCs) and hospitals on segmenting by end-user. The hospitals bifurcation occupied the larger share of the market during the historical period and is expected to retain its position during the forecast period. The reasons for this are the greater footfall of people with joint-related issues and the growing number of osteo surgeries in hospitals. The category of ASCs is projected to grow at the higher CAGR of 5.6% during the forecast period.
Key Topics Covered:
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study
Chapter 3. Executive Summary
Chapter 4. Introduction
4.1 Market Definitions
4.1.1 By Type
4.1.1.1 Hand and wrist
4.1.1.2 Foot and ankle
4.1.1.3 Staple fixation
4.1.1.4 Others
4.1.2 By Material
4.1.2.1 Metal
4.1.2.2 Polymer
4.1.3 By End User
4.1.3.1 Hospitals
4.1.3.2 ASCs
4.2 Market Dynamics
4.2.1 Trends
4.2.1.1 Rising number of collaborations and acquisitions
4.2.2 Drivers
4.2.2.1 Increasing incidences of arthritis
4.2.2.2 Surging geriatric population
4.2.2.3 Increasing prevalence of osteoporosis
4.2.2.4 Impact analysis of drivers on the market forecast
4.2.3 Restraints
4.2.3.1 Increasing availability and preference for alternative treatments
4.2.3.2 High cost of treatment
4.3 Porter's Five Forces Analysis
4.4 Regulations
4.4.1 Shoulder Implants
4.4.2 Elbow, Fingers, Wrist, and Ankle
4.5 Reimbursement Policies in the U.S.
Chapter 5. Global Market Size and Forecast
5.1 By Type
5.2 By Material
5.3 By End User
5.4 By Region
Chapter 6. North America Market Size and Forecast
Chapter 7. Europe Market Size and Forecast
Chapter 8. APAC Market Size and Forecast
Chapter 9. LATAM Market Size and Forecast
Chapter 10. MEA Market Size and Forecast
Chapter 11. Competitive Landscape
11.1 Competitive Benchmarking
11.2 Strategic Developments of the Key Players
11.2.1 Acquisitions
11.2.2 Product Launches
Chapter 12. Company Profiles
- Smith & Nephew plc
- Integra LifeSciences Holdings Corporation
- DePuy Synthes Companies
- Zimmer Biomet Holdings Inc.
- Stryker Corporation
- Orthofix Medical Inc.
- Wright Medical Group N.V.
- Arthrex Inc.
- Acumed LLC
- Exactech Inc.
- DJO Global Inc.
For more information about this report visit https://www.researchandmarkets.com/r/uapv3
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