Global Minor Orthopedic Replacement Implants Market Report By Geography, By Key Players And By Trends

Minor orthopedic implants include implants used in shoulder, wrist, ankle and foot joints. These implants are used to restore joint function (movement), and relieve pain.

Minor orthopedic joint replacement surgery for shoulder, wrist, ankle and foot is growing because of the high incidence of arthritis and fractures. Osteoarthritis and rheumatoid arthritis are the major causes for joint replacement surgery including minor orthopedic joints. The other cause for joint replacement surgery is failed previous joint replacement surgery. The purpose of joint replacement surgery is to restore joint motion for activities of daily living and to alleviate pain.

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Major Competitors are Depuy Synthes, Wright Medical Group, Zimmer Biomet, Stryker, Exactech, Integra.

The key drivers of the minor orthopedic replacement implants market include:
Increase In Proximal Humerus Fractures - Proximal humerus fractures are the most common shoulder injuries, especially due to osteoporosis in elders over 70 years. The incidence rate of proximal humerus fractures has increased by 15% per year. Of these fractures around 5% require shoulder arthroplasty. The increased incidence of these fractures has driven the minor orthopedics joint replacement market historically.

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Major trends influencing the minor orthopedic replacement implants market include:
Generic Companies Gain Traction - Following the expiry of patents for implants, around sixteen generic companies have entered the orthopedic replacement implants market in the USA, including Orthosolutions, Covenant Orthopedics, Ortho Direct USA, and Emerge Medical. These generic companies are making copies of legacy implants with proven designs and biomaterials.

Increased use of reverse shoulder arthroplasty - The procedure numbers for reverse shoulder arthroplasty are continuously increasing. Approximately 50% of shoulder replacements in the US, and 70% of shoulder replacements in Europe are reverse shoulder replacement surgery. The balance of shoulder replacements are total shoulder arthroplasty or hemi-arthroplasty.

North America is the largest market for minor orthopedic replacement implants, accounting for 62.2% of the global market. It was followed by Western Europe, Asia-Pacific and then the other regions. Going forward, Asia-Pacific and North America will be the fastest growing regions in this market.

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