Obesity and Diabetes Driving Extremity Reconstruction Market

The devices for extremity reconstruction are used for the treatment, repairing, replacement, or healing of extremity industries such as bone damages or fractures. These reconstruction can be done onto shoulders, elbows, wrists, feet, and ankle joints, and the market for the same is gaining strong traction from increased investments made by public and private bodies to further enhance the technology that can treat large volumes of joint-related disorders.

A fresh business intelligence study by TMR research has foreseen the demand in the global extremity reconstruction market to multiply at a notable CAGR over the course of 2017 to 2025. The report is titled “Extremity Reconstruction Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025.”

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Increasing incidences of joint disabling diseases owing to trauma and sports-related injuries, technological advancements in the field of extremity implants, growing awareness among patients and physicians, and substantial population struggling from diabetes and obesity are some of the key factors augmenting the demand in the global extremity reconstruction market. On the other hand, issues pertaining to failure and complications post surgeries and high cost are some of the glaring hurdles curtailing the market’s progress. That being said, improving healthcare infrastructure across emerging economies in Asia Pacific and pipeline innovative technologies are expected to pave way to new revenue avenues in the near future.

Based on product type, the extremity reconstruction market can be segmented into upper body part including shoulder, hand and wrist, and elbow and lower body part including ankle reconstruction and food devices. Biomaterials used can be natural, polymeric, ceramic, and metallic.

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Some of the key companies holding prominent positions in the extremity reconstruction market are Stryker Corporation, DePuy Synthes, Smith & Nephew PLC, Zimmer Biomet Holdings, Inc., Wright Medical Group N.V., Skeletal Dynamics LLC, and CONMED Corporation.

Extremity Reconstruction Surgeries to Gain from 3D Implants

San Francisco, California, May 26, 2017:  The report titled, “Extremity Reconstruction Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth, and Forecast 2017 – 2025” by TMR Research discusses the major growth drivers, restraints, and trends in the market. An analysis of the value chain, market overview, market figures, market attractiveness, and an evaluation of the key segments has been included in the report.

The growing prevalence of abnormalities, injuries, and congenital deformities in the lower or upper extremity of the body has been encouraging the growth of the market over the past few years. The increasing need for reconstructive surgical procedures and the rising demand for implant devices for elbow, wrist, shoulder, foot, ankle joints, and digits have been some of the primary growth drivers of the market for extremity reconstruction.

Another prominent catalyst of the global market for extremity reconstruction is the growing pool of geriatric population. The Centers of Disease Control and Prevention estimates that as the geriatric population in the U.S. rises, the number of arthritis patients will reach 78 million by the end of 2040. Moreover, as joint disorders including osteoarthritis and rheumatoid arthritis are becoming more frequent by the day, the demand for extremity reconstruction is likely to shoot up. Diabetes and obesity are some other health conditions that have been contributing for the escalating demand for extremity reconstruction.

On the downside, the global market for extremity reconstruction can face restrictions owing to the lack of favorable reimbursements. However, the emergence of novel technologies such as 3D implants can further the growth of the market for extremity reconstruction. Arthritis patients are increasingly preferring 3D implants that offer quicker recovery, lesser pain, and better motion. For instance, Zimmer Biomet’s new 3D printed ankle fusion system gained approval of the U.S. Food and Drug Administration (FDA) in February 2016.

By geography, the global market for extremity reconstruction can be segmented into Asia Pacific, North America, Latin America, Europe, and the Middle East and Africa. North America is likely to hold the leading position in the global market for extremity reconstruction, due to the growing awareness about the advantages of extremity reconstruction, apart from favorable reimbursements, expanding geriatric population and development of new technologies.

The extremity reconstruction market in Asia Pacific is expected to flourish at a cracking pace, driven by the increased adoption of advanced and innovative technologies, presence of a vast patient pool, and improved standard of living of people.

Integra Lifesciences Holdings Corporation, Smith & Nephew plc, Arthrex, Inc., Wright Medical Group N.V., DePuy Synthes, Skeletal Dynamics LLC, Stryker Corporation, Acumed, Inc., Zimmer Biomet Holdings, Inc., and CONMED Corporation are some companies operating in the global market for extremity reconstruction.