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Global Radial Head Resection Implants Market || Report 2021 to 2025 Industry Analysis, Size, Share, Trends, Key Players, Drivers and Forecast

02-09-2021 01:00 PM CET | Health & Medicine

Press release from: Prophecy Market Insights

PROPHECY MARKET INSIGHTS

PROPHECY MARKET INSIGHTS

Elbow is a vital chunk specifically for forearm function. Elbow has a distinctive anatomy includes an axis type of synovial joint and a restricted ball-and-socket joint, which permits hand movement and regulation. However, the fracture of the radial head is not problematical in nature, several types of implants for radial head resection are accessible in the market that aid to address any issues associated with the same. Moreover, there are numerous of medical techniques that are accomplished just in case of radial head fractures like open reduction procedure with an internal fixation, where radial head resection implants are primarily used and alsoclosed reduction technique with early motion.

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As per the National Center for Biotechnology Information, approximately 2.5 to 2.8 per 10,000 occurrences of radial head fractures took place every year. Furthermore, owing to the benefits such as normal functionality and no deformity in a short duration after surgery, thus it gaining more popularity across the world.

Increasing prevalence of radial head fractures among population worldwide is likely to support the global radial head resection implants market growth during the forecast period. For instance, as per the Freiburg, Germany, Department of Orthopedic and Trauma Surgery, and University of Freiburg Medical Centre, around 4% of radial head fractures contribute in all types of fractures. In addition to this, approximately 30% are radial fractures within all elbow fractures.

Nevertheless, a high cost of implants and surgery procedure may obstruct the global market growth within the forecast period.

The global radial head resection implants market is segmented on the basis of product type, fracture type, material end user, and region.

The product type segment is fragmented into standard, recon, and lateral. Further, the global radial head resection implants market is divided by technology, which includes type III and type IV.

On the basis of an end user, the global radial head resection implants market is segmented into titanium and silicone.

By end user, the global radial head resection implants market is segmented into orthopedic and trauma centers, hospitals, and orthopedic clinics.

On the basis of region, the target market is segmented into North America, Europe, Latin America, Asia Pacific, Middle East and Africa.

Key players operating in the global market of radial head resection implants include Wright Medical Technology, Inc., Biomet, Inc., Smith & Nephew Plc, and Stryker.

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Prophecy Market Insights
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Prophecy is a specialized market research, analytics, marketing and business strategy, and solutions company that offer strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high value opportunities in the target business area. Also, we help our client to address business challenges and provide best possible solutions to overcome them and transform their business.

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