Global Small Joint Reconstructive Implants Market – Analysis and Forecast (2019-2024)

1. Small Joint Reconstructive Implants Market

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3. Small Joint Reconstructive Implants Market The global small joint reconstructive implants market was valued at USD 7,743.2 million in 2018, which will grow at a CAGR of 5.1% during the forecast period. Different implants such as hand and wrist implants, and foot and ankle implants majorly contribute to the small joint reconstructive implants market size. Increasing geriatric population, increasing prevalence of orthopaedic conditions, increasing demand for minimally invasive surgeries, technological advancements in surgical imaging and robotic-assisted surgeries are propelling the growth of the market.

4. Small Joint Reconstructive Implants Market On the basis of Type, the global small joint reconstructive implants market is categorized into foot and ankle, hand and wrist, and staple fixation. The largest share in the market is held by the hand and wrist category primarily due to the increasing number of sports injuries and the advancements in the technology leading to the easy operability for hands and wrist. The shifting patient from hospitals to ASCs for reconstructive surgeries is the key trend witnessed in the market. Healthcare providers, payers, and patients are recognizing the importance of outpatient care which saves the cost and reduces the burden on hospitals. Another key trend witnessed in the market is the increasing number of collaboration and partnerships in the industry.

5. Small Joint Reconstructive Implants Market Asia-Pacific is observed to witness the fastest growth in the market. As the region comprises of largest population prevalent with orthopaedic conditions and the number of ASCs in the region are on rise. Some of the key players operating in the global small joint reconstructive implants market are Stryker Corporation, DePuySynthes Companies, DJO Global Inc. Zimmer Biomet Holdings Inc., Orthofix Medical Inc., Smith & Nephew plc, Wright Medical Group N.V., Arthrex Inc., Integra LifeSciences Holdings Corporation, Exactech Inc., and Acumed LLC.

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