Extremities (Shoulder and Small Joint Implants) Market is expected to reach USD 3310.9 Million by year 2026, at a CAGR of 6.8% | Arthrex Inc., BioTech Limb and Brace, Bioventus, Ceramisys, Colson Associates

According to the current analysis of Reports and Data, the Global Extremities (Shoulder and Small Joint Implants) Market was valued at USD 1954.1 Million in 2018 and is expected to reach USD 3310.9 Million by year 2026, at a CAGR of 6.8%. The Extremities market is a compact portion of the orthopedic industry which is driven by the rise in procedures for orthopedic, surgeons due to an increase in ageing population and high global awareness for better treatment for such a high cost.

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Companies considered and profiled in this market study:

The Global Extremities Market study postulates constructive intuition globally which includes the companies who are the key players in Global Extremities Market, such as Arthrex Inc., BioTech Limb and Brace, Bioventus, Ceramisys, Colson Associates, CONMED, DJO Global, EXACtech, Evolutis, Graftys, implantcast, Integra LifeSciences, Merete Technologies, Myomo, NovaBone, Orthofix, �ssur, Osiris Therapeutics, Johnson & Johnson, Smith & Nephew, Stryker, Wright Medical N.V. and Zimmer Biomet.

Patients recover quickly due to advancements in technology and due to the introduction of robotics and 3D printing. Development of new shoulder and ankles and less invasive devices have driven the growth in this market. The restraint such as high manufacturing cost of these operations are pressurising hospitals a lot to opt for the procedures at a very low cost is draining the growth of this market.

Segments covered in the report:

For the purpose of the study, this report segments the Global Extremities (Shoulder and Small Joint Implants) Market on the basis of product type, material, application, end user and the regional outlook at a global, regional & country level, and provides an analysis of the market trends in each of the sub-segments from 2019 to 2026.

Global Extremities (Shoulder and Small Joint Implants) Market Key Market Segments:

Product Type: (Revenue, USD Million; 2016-2026)
Upper Extremity Devices
Shoulder
Elbow
Hand and Wrist
Others
Lower Extremity Devices
Foot
Ankle
Others

Material: (Revenue, USD Million; 2016-2026)
Ceramics
Metallic
Polymeric

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End Use: (Revenue, USD Million; 2016-2026)
Hospitals
Ambulatory Surgical Centres (ASC's)
Pharmaceutical and Biotech Companies
Orthopedic Clinics
Others

Regional Outlook: (Revenue, USD Million; 2016-2026)
North America
Europe
Asia Pacific
Latin America
Middle East and Africa (MEA)

Further key findings from the report suggest:

1. Elbow type segment is the growing at a CAGR of 6.3% during the forecasted years of 2019-2026 and accounted a market share of 19.2%

2. Extremities Market is fastest growing at a CAGR of 9% in Asia Pacific followed by North America respectively owing to increasing cases of obesity and bone disorders related to it

3. Upper Extremity Devices has the dominated the market with a share of 67.9% in 2018 due to high occurrence of orthopedic disorders in shoulders

4. Orthopedic clinics are projected to be the fastest expanding end-users in this market at a CAGR of 7.2%

5. Revenues from ambulatory surgical centres will increase at a CAGR lower than those from orthopedic clinics and hospitals i.e. 6.2% through 2026

6. Europe accounts for the second largest market share of the global orthopedic power tools market at 28.6% due to huge approval of fund through European Union

7. Developing countries such as Brazil, South Africa, and Mexico are projected to create good opportunity for market growth of extremities devices due to higher accident cases, favourable demographics, and improvement in access to health care.

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Key selling points of this research study

1. The study gives an in-depth evaluation of the evolving competitive scenario that gives the reader/client a competitive edge.

2. It offers a holistic view of all critical aspects boosting or limiting the growth of the sector

3. The market intelligence report derives an eight-year forecast, including historical, contemporary, and potential market prospects, projecting the estimated progress of the market.

4. It aids informed decision-making by offering an exhaustive database of the pivotal market segments and sub-segments.

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