Overall, the global small bone and joint orthopedic device market is valued at around $4.7 billion and is expected to grow at a CAGR of 6.7% to reach $7.3 billion over the forecast period. The report covers the market for shoulder reconstruction devices, elbow repair devices, hand and wrist devices, and foot and ankle devices. It is segmented by anatomy, and further by implant types, including total joint reconstruction, internal fixation, and bone fusion.
MARKET REPORT DATA TYPES INCLUDED:
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2029, and Historical Data to 2019
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Company Profiles, Product Portfolios and SWOT for Top Competitors
GLOBAL SMALL BONE AND JOINT PROCEDURE NUMBERS
The report provides an in-depth analysis of various procedures such as total shoulder replacement, primary elbow replacement, wrist replacement, primary ankle replacement, and others, segmented by region and analyzed over the forecast period.
GLOBAL SMALL BONE AND JOINT DEVICE MARKET TRENDS
The global small bone and joint orthopedic device market is seeing a rise in the use of minimally invasive procedures, particularly in the shoulder reconstruction device segment. The growing popularity of stemless shoulder implants is a reflection of this trend, which varies across the European countries covered in the report.
GLOBAL SMALL BONE AND JOINT DEVICE MARKET SHARE INSIGHTS
In 2022, Stryker, DePuy Synthes, and Zimmer Biomet were the top three competitors in the global small bone and joint device market, holding over half of the total extremity reconstruction and fixation market. Each company had a presence in different segments, with DePuy Synthes having a strong presence in internal fixation markets, Stryker and Zimmer Biomet having more of a presence in joint reconstruction markets.
MARKET SEGMENTATION SUMMARY
Shoulder Reconstruction Devices | MedCore - Includes:
Total shoulder implant market, reversed shoulder implant market, hemi shoulder implant market, resurfacing shoulder implant market, revision shoulder implant market, proximal humerous plate and screw market
Elbow Repair Devices | MedCore - Includes:
Primary elbow implant market, primary elbow implant market, radial head implant market, and elbow plate and screw market
Hand and Wrist Devices | MedCore - Includes:
Wrist replacement market, wrist fusion market, ulnar hand replacement market, hand digit implant market, distal radius plate and screw market
Foot and Ankle Devices | MedCore - Includes:
Primary ankle replacement market, total ankle fusion market, midfoot fixation market, bunion treatment market, hindfoot devices market, foot digit market, hammertoe device market, syndesmotic repair market.
RESEARCH SCOPE SUMMARY
- Regions: North America (Canada, United States), Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela), Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.), Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine), Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam), Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
- Base Year: 2022
- Forecast: 2023-2029
- Historical Data: 2019-2022
- Quantitative Coverage: Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
- Qualitative Coverage:COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
- Data Sources: Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.
WHY CHOOSE IDATA?
- Experts Only - iData has been around for over 17 years and is the trusted source of intelligence, and data-driven insights for key industry players. We are made up of specialists with a sole focus on medical devices, dental devices and pharmaceuticals. Our research and consulting field of endeavour never strays from the medical device industry and, because of this, we are the number one choice for leading companies in this field.
- Global Coverage - iData's unique methodology, and its expansion to over 70 countries world-wide, has made it one of the most viable sources of intelligence for global companies along with those who plan to expand their portfolio beyond the confines of their own country. Providing procedural data at the country level is another testimony to the trusted global coverage we provide.
- Attention to Detail - It's our attention to small details, scheduling of timelines, and keen project management that makes us stand out from the rest. We are creative, and our reports include metrics such as procedure numbers, ASPs, and SKU-level insights that are not found elsewhere.
- Pricing - When comparing like-with-like, iData's prices are not only extremely competitive but also the most cost-effective. We strive for success and want the same for our clients. With the level of detail incorporated into each report alongside the extensive segmentation provided, no other report compares at our price point.