Global Total Wrist Replacement Market Size Study & Forecast, by Fixation Type (Cemented, Cement-less, Hybrid, and Reverse Hybrid), By End Use (Hospitals, Orthopedic Clinics, and Others) and Regional Analysis, 2023-2030

Description

List of Tables

Global Total Wrist Replacement Market is valued approximately at USD 170.61 million in 2022 and is anticipated to grow with a growth rate of more than 7.76% over the forecast period 2023-2030. Total wrist replacement also known as wrist arthroplasty. It is a surgical procedure to treat severe arthritis and other conditions that cause significant pain and limited function in the wrist joint. It involves replacing the damaged surfaces of the wrist joint with artificial components made of metal, ceramic, or plastic materials. The purpose of this surgery is to relieve pain, improve range of motion, and restore function in the wrist joint when conservative treatments such as medications, splints, and injections are no longer effective. The Total Wrist Replacement Market is expanding because of factors such as the growing awareness about the available treatments for wrist injuries, increase in disposable income and growing geriatric population. Additionally, increased engagement of athletes in sports and physical activities leading to trauma and fractures further fuels the demand for total wrist replacement procedures.

In addition, the market growth is propelled by the rising incidences of orthopedic disorders, osteoporosis, and osteoarthritis. The prevalence of osteoporosis is on the rise due to shifting lifestyle patterns, sedentary behaviors, and inadequate dietary habits. Consequently, there is an increased demand for osteoporosis treatment. The International Osteoporosis Foundation revealed that in 2020, approximately 1 in 5 men and 1 in 3 women aged over 50 are at risk of experiencing osteoporosis-related fractures in their lifetime. Moreover, according to the International Osteoporosis Foundation (IOF), Europe witnessed 4.28 million osteoporotic fractures in 2019, a figure anticipated to escalate to 5.34 million by 2034. The projected growth over the 15-year period varies significantly across nations, ranging from 8% (Latvia) to 58% (Ireland). Additionally, as outlined by the National Osteoporosis Foundation (NOF), over 10 million individuals in the United States were diagnosed with osteoporosis in 2020, with menopausal women being particularly susceptible. Likewise, according to estimates from the Arthritis Foundation, the prevalence of arthritis in the U.S. population aged over 50 is projected to exceed 78 million by 2040. Thus, these aforementioned factors are propelling the growth of the Total Wrist Replacement Market during the estimated period. Moreover, the surge in product developments and approvals, as well as the improved access to healthcare facilities and specialized orthopedic care present various lucrative opportunities over the forecast years. However, the high costs involved in wrist reconstruction surgeries and the stringent regulatory requirements are challenging the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Total Wrist Replacement Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the increasing prevalence of arthritis and arm injuries, coupled with the presence of major market players. For instance, a study published in NCBI in July 2022 reported that 13.6% of the United States population had wrist arthritis in 2022. Similarly, data from the Ohio State University in 2021 revealed that 6 million Americans suffer from bone fractures annually, with fractures accounting for 16% of all musculoskeletal injuries. Furthermore, an NCBI article from January 2021 indicated that 16.5% of Canadians, around 4.8 million individuals, were diagnosed with arthritis in 2021. Consequently, the escalating incidence of arthritis and bone fractures is expected to boost the demand for total wrist replacement surgeries in North America, driving market growth. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecast years. The increasing number of total wrist replacement surgeries, growing investment in the development of healthcare infrastructure, rise of healthcare tourism, and increasing geriatric population are significantly propelling the market demand across the region.

Major market players included in this report are:

Integra Lifesciences Holdings Corporation
Johnson and Johnson
Acumed LLC
Medartis AG
Stryker Corporation
DJO Global
Anika Therapeutics Inc.
Skeletal Dynamics
CONMED Corporation
Extremity Inc

Recent Developments in the Market:

In August 2022, Ossio Inc. introduced the OSSIOfiber Suture Anchors, further enriching the company's expanding array of bio-integrative implants utilized in hand/wrist and other surgical procedures.
In August 2022, Extremity Medical LLC obtained a Vizient small joint contract, encompassing all of the company's upper and lower extremity systems, including the innovative Total Wrist Arthroplasty system and other offerings.

Global Total Wrist Replacement Market Report Scope:

Historical Data - 2020 - 2021
Base Year for Estimation - 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Fixation Type, End Use, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Fixation Type:

Cemented
Cement-less
Hybrid
Reverse Hybrid

By End Use:

Hospitals
Orthopedic Clinics
Others

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Million)
- 1.2.1. Total Wrist Replacement Market, by region, 2020-2030 (USD Million)
- 1.2.2. Total Wrist Replacement Market, by Fixation Type, 2020-2030 (USD Million)
- 1.2.3. Total Wrist Replacement Market, by End Use, 2020-2030 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Total Wrist Replacement Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Total Wrist Replacement Market Dynamics

3.1. Total Wrist Replacement Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing engagement of athletes in sports and physical activities
  - 3.1.1.2. Rising incidence of orthopaedic disorders, osteoporosis, and osteoarthritis
- 3.1.2. Market Challenges
  - 3.1.2.1. High costs involved in wrist reconstruction surgeries
  - 3.1.2.2. Stringent regulatory requirements
- 3.1.3. Market Opportunities
  - 3.1.3.1. Surge in product developments and approvals
  - 3.1.3.2. Better access to healthcare facilities and specialized orthopedic care

Chapter 4. Global Total Wrist Replacement Market: Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Total Wrist Replacement Market, by Fixation Type

5.1. Market Snapshot
5.2. Global Total Wrist Replacement Market by Fixation Type, Performance - Potential Analysis
5.3. Global Total Wrist Replacement Market Estimates & Forecasts by Fixation Type 2020-2030 (USD Million)
5.4. Total Wrist Replacement Market, Sub Segment Analysis
- 5.4.1. Cemented
- 5.4.2. Cement-less
- 5.4.3. Hybrid
- 5.4.4. Reverse Hybrid

Chapter 6. Global Total Wrist Replacement Market, by End Use

6.1. Market Snapshot
6.2. Global Total Wrist Replacement Market by End Use, Performance - Potential Analysis
6.3. Global Total Wrist Replacement Market Estimates & Forecasts by End Use 2020-2030 (USD Million)
6.4. Total Wrist Replacement Market, Sub Segment Analysis
- 6.4.1. Hospitals
- 6.4.2. Orthopedic Clinics
- 6.4.3. Others

Chapter 7. Global Total Wrist Replacement Market, Regional Analysis

7.1. Top Leading Countries
7.2. Top Emerging Countries
7.3. Total Wrist Replacement Market, Regional Market Snapshot
7.4. North America Total Wrist Replacement Market
- 7.4.1. U.S. Total Wrist Replacement Market
  - 7.4.1.1. Fixation Type breakdown estimates & forecasts, 2020-2030
  - 7.4.1.2. End Use breakdown estimates & forecasts, 2020-2030
- 7.4.2. Canada Total Wrist Replacement Market
7.5. Europe Total Wrist Replacement Market Snapshot
- 7.5.1. U.K. Total Wrist Replacement Market
- 7.5.2. Germany Total Wrist Replacement Market
- 7.5.3. France Total Wrist Replacement Market
- 7.5.4. Spain Total Wrist Replacement Market
- 7.5.5. Italy Total Wrist Replacement Market
- 7.5.6. Rest of Europe Total Wrist Replacement Market
7.6. Asia-Pacific Total Wrist Replacement Market Snapshot
- 7.6.1. China Total Wrist Replacement Market
- 7.6.2. India Total Wrist Replacement Market
- 7.6.3. Japan Total Wrist Replacement Market
- 7.6.4. Australia Total Wrist Replacement Market
- 7.6.5. South Korea Total Wrist Replacement Market
- 7.6.6. Rest of Asia Pacific Total Wrist Replacement Market
7.7. Latin America Total Wrist Replacement Market Snapshot
- 7.7.1. Brazil Total Wrist Replacement Market
- 7.7.2. Mexico Total Wrist Replacement Market
7.8. Middle East & Africa Total Wrist Replacement Market
- 7.8.1. Saudi Arabia Total Wrist Replacement Market
- 7.8.2. South Africa Total Wrist Replacement Market
- 7.8.3. Rest of Middle East & Africa Total Wrist Replacement Market

Chapter 8. Competitive Intelligence

8.1. Key Company SWOT Analysis
- 8.1.1. Company 1
- 8.1.2. Company 2
- 8.1.3. Company 3
8.2. Top Market Strategies
8.3. Company Profiles
- 8.3.1. Integra Lifesciences Holdings Corporation
  - 8.3.1.1. Key Information
  - 8.3.1.2. Overview
  - 8.3.1.3. Financial (Subject to Data Availability)
  - 8.3.1.4. Product Summary
  - 8.3.1.5. Recent Developments
- 8.3.2. Johnson and Johnson
- 8.3.3. Acumed LLC
- 8.3.4. Medartis AG
- 8.3.5. Stryker Corporation
- 8.3.6. DJO Global
- 8.3.7. Anika Therapeutics Inc.
- 8.3.8. Skeletal Dynamics
- 8.3.9. CONMED Corporation
- 8.3.10. Extremity Inc

Chapter 9. Research Process

9.1. Research Process
- 9.1.1. Data Mining
- 9.1.2. Analysis
- 9.1.3. Market Estimation
- 9.1.4. Validation
- 9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Total Wrist Replacement Market, report scope
TABLE 2. Global Total Wrist Replacement Market estimates & forecasts by Region 2020-2030 (USD Million)
TABLE 3. Global Total Wrist Replacement Market estimates & forecasts by Fixation Type 2020-2030 (USD Million)
TABLE 4. Global Total Wrist Replacement Market estimates & forecasts by End Use 2020-2030 (USD Million)
TABLE 5. Global Total Wrist Replacement Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 6. Global Total Wrist Replacement Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 7. Global Total Wrist Replacement Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 8. Global Total Wrist Replacement Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 9. Global Total Wrist Replacement Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 10. Global Total Wrist Replacement Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 11. Global Total Wrist Replacement Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 12. Global Total Wrist Replacement Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 13. Global Total Wrist Replacement Market by segment, estimates & forecasts, 2020-2030 (USD Million)
TABLE 14. Global Total Wrist Replacement Market by region, estimates & forecasts, 2020-2030 (USD Million)
TABLE 15. U.S. Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 16. U.S. Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 17. U.S. Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 18. Canada Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 19. Canada Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 20. Canada Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 21. UK Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 22. UK Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 23. UK Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 24. Germany Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 25. Germany Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 26. Germany Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 27. France Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 28. France Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 29. France Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 30. Italy Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 31. Italy Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 32. Italy Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 33. Spain Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 34. Spain Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 35. Spain Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 36. RoE Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 37. RoE Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 38. RoE Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 39. China Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 40. China Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 41. China Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 42. India Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 43. India Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 44. India Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 45. Japan Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 46. Japan Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 47. Japan Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 48. South Korea Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 49. South Korea Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 50. South Korea Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 51. Australia Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 52. Australia Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 53. Australia Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 54. RoAPAC Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 55. RoAPAC Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 56. RoAPAC Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 57. Brazil Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 58. Brazil Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 59. Brazil Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 60. Mexico Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 61. Mexico Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 62. Mexico Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 63. RoLA Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 64. RoLA Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 65. RoLA Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 66. Saudi Arabia Total Wrist Replacement Market estimates & forecasts, 2020-2030 (USD Million)
TABLE 67. South Africa Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 68. RoMEA Total Wrist Replacement Market estimates & forecasts by segment 2020-2030 (USD Million)
TABLE 69. List of secondary sources, used in the study of global Total Wrist Replacement Market
TABLE 70. List of primary sources, used in the study of global Total Wrist Replacement Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Total Wrist Replacement Market, research methodology
FIG 2. Global Total Wrist Replacement Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Total Wrist Replacement Market, key trends 2022
FIG 5. Global Total Wrist Replacement Market, growth prospects 2023-2030
FIG 6. Global Total Wrist Replacement Market, porters 5 force model
FIG 7. Global Total Wrist Replacement Market, pest analysis
FIG 8. Global Total Wrist Replacement Market, value chain analysis
FIG 9. Global Total Wrist Replacement Market by segment, 2020 & 2030 (USD Million)
FIG 10. Global Total Wrist Replacement Market by segment, 2020 & 2030 (USD Million)
FIG 11. Global Total Wrist Replacement Market by segment, 2020 & 2030 (USD Million)
FIG 12. Global Total Wrist Replacement Market by segment, 2020 & 2030 (USD Million)
FIG 13. Global Total Wrist Replacement Market by segment, 2020 & 2030 (USD Million)
FIG 14. Global Total Wrist Replacement Market, regional snapshot 2020 & 2030
FIG 15. North America Total Wrist Replacement Market 2020 & 2030 (USD Million)
FIG 16. Europe Total Wrist Replacement Market 2020 & 2030 (USD Million)
FIG 17. Asia pacific Total Wrist Replacement Market 2020 & 2030 (USD Million)
FIG 18. Latin America Total Wrist Replacement Market 2020 & 2030 (USD Million)
FIG 19. Middle East & Africa Total Wrist Replacement Market 2020 & 2030 (USD Million)