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.