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North America to be Fastest Expanding Market for Shoulder Reconstruction with Sales Poised to Exceed US$ 600 Mn in Revenues by 2031 End

The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Shoulder Reconstruction market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Shoulder Reconstruction

The report offers actionable and valuable market insights of Shoulder Reconstruction. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Shoulder Reconstruction Market across various industries and regions.

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This newly published and insightful report sheds light on Market Insights of Shoulder Reconstruction, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Shoulder Reconstruction Market.

The scope of Fact.MR’s report is to analyze the global extremities reconstruction market for the forecast period 2017-2022 and provide readers an unbiased and accurate analysis. Medical device manufacturers, research institutes, and raw material suppliers in the global extremities reconstruction market can benefit from the analysis offered in this report. This report offers a comprehensive analysis, which can be of interest to leading trade magazines and medical journals pertaining to extremities reconstruction.

Summary

The report commences with a brief information of the global extremities reconstruction market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global extremities reconstruction market.

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Overview

The next section offers an overview of the global extremities reconstruction market. This comprises an introduction to the market, along with a standard definition of the product – extremities reconstruction. In this section, market value and year-over-year growth is offered to the readers. Year-over-year growth provides readers with a broader view of growth patterns over the forecast period.

The report’s succeeding section focuses on drivers, restraints and key trends from macroeconomic, demand, and supply perspectives. Impact analysis of weighted average model-based growth drivers is contained in the report for better provision of decision-making insights to clients.

A new study by Fact.MR projects an impressive expansion for the global extremities reconstruction market throughout the forecast period 2017 to 2022. Fact.MR’s report estimates the market to account for over US$ 2,000 Mn revenues by 2022-end.

Over the past few years, the improvisations and advances in healthcare facilities have resulted into increased life expectancy of people around the world. This has further resulted into a rise in geriatric population worldwide. With the rise in aging population, joint disorders, such as osteoarthritis, have surged in prevalence, leading towards a number of extremity surgeries. The number of incidents associated with trauma, and sports injuries have further augmented demand for extremities reconstruction devices. In addition, advancements in healthcare infrastructure are also expected to influence the growth of this market during the forecast period.

A large number of technological innovations have been observed in the field of surgeries & implants related to extremities reconstruction. Few examples of these innovations include introduction of new and safe implant materials, reverse shoulder implants, mobile bearing ankles, and stemless shoulder implant. In addition, advances in ankle joint replacement have been offering surgeons with more options for treating ankle arthritis. Global leaders in production of extremity devices have launched new products, providing novel solutions for implant failures. An example of this is the launch of “Comprehensive Segmental Revision System” by Zimmer Biomet.

Niche players in the market are concentrating on developing minimally invasive endoscopic methods for surgeries related to extremities reconstruction, in a bid to lower the recovery time and pain endured by patients. For example, a startup named Instratek had launched the “HammerFIT Extremity Reamer System” to aid hammertoe surgeries. The above-mentioned factors are expected to drive expansion of the global extremities reconstruction market. However, factors such as complications associated with extremities reconstruction surgeries, and lack of favorable reimbursement policies are expected to restrain growth of the market in the near future.

5 Key Estimations on Future of Global Extremities Reconstruction Market

  1. In terms of revenues, Europe is expected to dominate the global extremities reconstruction market in 2017. However, by the end of forecast period, the market in North America will outgrow the market in Europe. The market in North America is projected to expand at 6.4% CAGR through 2022.
  2. Accounting for nearly two-third revenue share of the market, shoulder reconstruction is expected to remain the most lucrative extremity reconstruction in the market, followed by elbow reconstruction.
  3. Hospitals are estimated to remain the largest end-users in the global extremities reconstruction market, with sales poised to reach nearly US$ 1,300 Mn by 2022-end. ASCs will account for the lowest revenue share of the market during the forecast period.
  4. Although metallic biomaterial will remain sought-after among surgeons and patients in the market, sales of ceramic biomaterials are expected to register a relatively higher CAGR through 2022.
  5. Key market players profiled in Fact.MR’s report include Stryker Corporation, Wright Medical Group N.V., Orthofix International N.V., Zimmer Biomet Holdings, Inc., Smith & Nephew Plc, Medtronic Plc, Integra LifeSciences Holdings Corporation, Depuy Synthes, Inc., CONMED Corporation, Arthrex, Inc., and Acumed, LLC.

Market Taxonomy

Type
  • Shoulder Reconstruction
  • Elbow Reconstruction
  • Hand & Wrist Reconstruction
  • Ankle Reconstruction
Biomaterial
  • Ceramic
  • Metallic
  • Polymeric
End-User
  • Hospitals
  • Orthopedic Clinics
  • ASCs

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Extremities Reconstruction Market

Key Question answered in the survey of Shoulder Reconstruction market report:

  • Sales and Demand of Shoulder Reconstruction
  • Growth of Shoulder Reconstruction Market
  • Market Analysis of Shoulder Reconstruction
  • Market Insights of Shoulder Reconstruction
  • Key Drivers Impacting the Shoulder Reconstruction market
  • Which are the Key drivers impacted by Shoulder Reconstruction market
  • Restraints Shaping Market Growth
  • Market Survey of Shoulder Reconstruction

More Valuable Insights on Shoulder Reconstruction Market

Fact.MR, in its new report, offers an unbiased Market Analysis of Shoulder Reconstruction, Sales and Demand of Shoulder Reconstruction, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.

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