Extremity Reconstruction Market Scope
Owing to the increasing number of patients suffering from cancers, chronic diseases, and accident-related injuries that result in the removal of extremities, it is becoming increasingly important for developments in this field to take up greater investments from the healthcare industry. Extremity reconstruction may be necessary after trauma or cancer removal. The arms and legs are important areas of the body, and extremity wounds can greatly affect mobility and lifestyle. Upper-extremity reconstruction can improve function for people with catastrophic spinal cord or brain injuries who have limited function in their arms, wrists, and hands. The rising number of cases of abnormalities and injuries in the lower and upper extremities of the human body encourages the growth of the global market in the forecasted period. In addition, technological advancements in extremity reconstruction devices and advancement in healthcare infrastructure are anticipated to accelerate the development of the market in the near future.
The Extremity Reconstruction market study is segmented by Type (Upper Extremity (Shoulder Reconstruction(Partial Shoulder Replacement, Total Standard Replacement, Stemless Total Shoulder Replacement, Total Reverse Replacement, Elbow reconstruction, Hand and wrist reconstruction) and Lower Extremity (Foot Fusion (Hind foot Fusion, Other fusion devices) Ankle reconstruction (Ankle Fusion, Ankle Replacement))) and major geographies with country level break-up.
Leading global players are focusing on strategic partnerships to improve their products and services. The top firms are in a competition that has their strong R&D backup for research studies and the further things which are required to get approval for new devices. Mergers and acquisitions are other options to change the market strategies and earn more reputation in the market. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Extremity Reconstruction market throughout the predicted period.
Zimmer Biomet (United States), Wright Medical Group N.V (Netherlands), CONMED Corporation (United States), Acumed, LLC (United States), Arthrex (United States), DePuy Synthes (United States), Stryker Corporation (United States), Smith & Nephew plc (United Kingdom) and Integra Lifesciences Holdings Corporation (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Skeletal Dynamics LLC. (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AdvanceMarketAnalytics has segmented the market of Global Extremity Reconstruction market by Type, Application and Region.
On the basis of geography, the market of Extremity Reconstruction has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In April 2019, Acumed, a leading manufacturer of orthopaedic surgical solutions, is pleased to announce the acquisition of technology that will help the company provide a total elbow arthroplasty (TEA) solution to the market. Acumed Acquires New Elbow Arthroplasty Technology.
In May 2020, Integra LifeSciences Holding Corporation announced positive clinical and economic data on Integraź Bilayer Wound Matrix (IBWM) in complex lower extremity reconstruction.
- Technological Innovations in the Field of Extremity Implants
- Increase in the Number of Joint Disorders such as Osteoarthritis and Rheumatoid Arthritis
- Rising Geriatric Population
- Increasing Awareness among Patients about the Benefits of Joint Reconstruction Implants
- Advancements in the Healthcare Infrastructure in Developing Countries
- Failures & Complications Associated with the Surgery
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Extremity Reconstruction Providers, Extremity Reconstruction Equipment Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Frequently asked questions:1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Extremity Reconstruction Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.