Radial Head Resection Implants Market Rapid Growth By top Players 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.

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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.

Major players involved in the radial head resection implants market include Biomet, Inc., Wright Medical Technology, Inc., Smith & Nephew Plc, and Stryker.

According to the Department of Orthopedic and Trauma Surgery, University of Freiburg Medical Centre, Freiburg, Germany, the radial head fractures contributes to around 4% of all types of fractures, and within all elbow fractures the radial fractures constitutes to around 30%. It is also diagnosed in around 75% of all proximal lower-arm fractures, securing an incidence of around 25 to 30 cases per 100,000 patients among the adult population. Rapidly aging population in the U.S., Japan, and China are projected position these as major markets for radial head resection in the near future. Incidence rate of radial head resection is especially high among people aged above 44 years.

Lower extremity is more susceptible in terms of limb-length discrepancies, including abnormal body posture and various other problems. Deformity is a common phenomenon in upper limb fractures as compared to the limb length discrepancies. 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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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

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