Radial Head Resection Implants Market Revenue, Forecast and Outlook 2018: Biomet, Inc., Wright Medical Technology, Inc., Smith & Nephew Plc, and Stryker

The global radial head resection implants market is less fragmented as major players account for major share of the market. High entry barriers and stringent regulations such as Medical Device Amendments of 1976 requires mandatory FDA approval to obtain “reasonable assurance of safety and effectiveness” before marketing may hamper the entry of new players as only the well-established players can focus and invest on improving their existing radial head resection implants products, which further brings accuracy in the device.

Furthermore, in 2013, there was a product recall for DePuy Synthes Companies, a Johnson & Johnson Company. The reason for recall as cited by the manufacturer was loosening trial head from the implant stem during manipulation of the arm during surgery. However, this incidence has not adversely impacted demand for radial head resection implants. However, it highlights the important checkpoints during production that need to be considered by market players in order to ensure sustainable growth.

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Major players:
- Biomet
- Wright Medical Technology
- Smith & Nephew
- Stryker

Global Radial Head Resection Implants Market Taxonomy

The global radial head resection market is classified on the basis of following segments:

Product Type:
Standard
Recon
Lateral
Fracture Type:
Type III
Type IV
Material
Titanium
Silicone
End User:
Orthopedic and Trauma Centers
Hospitals
Orthopedic Clinics
Significantly accepted radial head implants: CO5 Series (IMECO), Solar (Striker), RHS (Tornier), Evolve (Wright), Explor (Biomet), etc.

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Elbow is a complex joint and a crucial part for forearm function. It has a unique anatomy comprising limited ball-and-socket joint and a hinge type of synovial joint, which allows for hand movement and control. Though radial head fractures are usually not too complicated in nature, various devices and radial head resection implants are available in the market that help address any issues related to the same. Products used in radial head resection are approved and are widely used by orthopedic surgeon and few of the techniques are under section of limited study.

Although the location of the fracture is very crucial in the upper extremity, data regarding the same is limited, which shortens the horizon for market growth in the radial head resection implants segment. However, rise in awareness among the population about consequences of limb deformity if not treated using appropriate implant is projected to support growth of the radial implants market.

Furthermore, studies related to radial head fractures further highlight the importance of the radial head resection by the help of prosthesis and implants. Some such studies are short- to medium-term outcomes of radial head replacement arthroplasty in posttraumatic unstable elbows mentioned in Chang Gung Med Journal in 2010 and resection of the radial head after mason type-III fractures of the elbow mentioned in The Journal of Bone and Joint Surgery published in 1998.

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