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Total Wrist Reconstruction Market to Surge at a Robust Pace by 2019

06-20-2018 06:35 PM CET | Health & Medicine

Press release from: Transparency Market Research

Total Wrist Reconstruction Market to Surge at a Robust Pace

Total wrist reconstruction treatment includes repair of any damaged ligament, tendon, bones or nerves in the wrist which causes pain and discomfort to the patient. Arthritis patients are more likely to suffer from wrist injuries. Rheumatoid arthritis and osteoarthritis are common categories of arthritis that increase the risk of wrist injuries. Apart from arthritis, carpel tunnel syndrome is another major reason that leads to wrist injuries.

Global aging of population, increasing incidences of arthritis and osteoporosis, increasing awareness about the available treatments for wrist injuries and increase in disposable income are some of the drivers for Total Wrist Reconstruction Market. While on the other hand, costs involved in wrist reconstruction surgeries, emergence of alternative technologies and intense competition from medicinal therapy are restraining the growth of this market. The global total wrist reconstruction market can be segmented on the basis of treatment technologies such as Total wrist replacement (TWR) and Total wrist fusion (TWF).

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Total wrist fusion procedural technique offers immediate pain relief but fails to restore wrist motion while total wrist replacement offers wrist motion. Geographically global total wrist reconstruction market is classified into regions such as North America, Europe, Asia-Pacific, Rest of the World.

Currently, North America dominates the total wrist reconstruction market, due to existence of a large geriatric population and is followed by Europe due early acceptance and preference for highly developed technology. Asia-Pacific is a promising market for total wrist reconstruction and is expected to undergo rapid market growth due to growth of the medical tourism industry, increase in general purchasing power of the patients, rapidly improving healthcare infrastructure, large pool of arthritic and osteoporotic population and increased awareness about the availability of advanced and more efficient orthopedic treatments. Some of the major companies contributing to this market include Depuy Synthes International, Biomet Orthopedics, Acumed LLC and Zimmer Holdings, Inc.

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