#Small Bone and Joint Orthopedic Devices Market

[mitalipingale]

https://sparktv.net/read-blog/33212_small-bone-and-joint-orthopedic-devices-market-share-overview-competitive-analys.html

The Small Bone and Joint Orthopedic Devices Market in 2023 is US$ 7.54 billion, and is expected to reach US$ 12.5 billion by 2031 at a CAGR of 6.50%.

[cubicdesignz]

The Latest Trends in Otho and Bone Wellness for 2024

Let’s revisit those intriguing orthopedic trends for 2024, with a special nod to the Orthomed Multispeciality Hospital—a place where bones find their best allies! 🏥

The Extremities Segment Leads Growth: The orthopedic market is evolving rapidly due to technological advancements, demographic shifts, and regulatory changes. One significant trend is the dominance of the extremities segment. Companies like Treace and Paragon 28 are at the forefront, driving growth. However, the joint sector (thanks to giants like Stryker and ZB) and the spine sector also contribute to the narrative. Additionally, emerging categories like imaging, navigation, AI, and surgical planning enhance overall treatment outcomes.

IPO Revival Wave: The IPO window is reopening, and both established and smaller companies are seizing the opportunity to go public. For some unprofitable small firms, the IPO market represents their chance to access capital even at less favorable valuations. Keep an eye on the IPO announcements in the orthopedic space this year.

GLP-1 Phenomenon: GLP-1 drugs are making waves as potential alternatives to orthopedic procedures. These drugs aid in weight loss and reduce obesity and diabetes rates. As a result, the demand for surgeries across orthopedics may decrease. It’s a transformational change worth noting.

Big Ortho’s Financial Bonanza: Major orthopedic corporations like ZB and Stryker are experiencing robust sales growth, leading to improved financial health. They’re becoming more efficient by shedding full-time employees while maintaining productivity. Keep an eye on their financial performance.

Sales Commission Cuts: The era of hefty sales commissions in orthopedics is waning. Ortho sales professionals are witnessing declines in earnings and autonomy. Some companies are even hiring recent graduates to cover cases at hospitals. Welcome to the new ortho device sales model!

Technological Trio: Imaging, Navigation, and AI: The convergence of imaging, navigation, and AI-based tools is transforming orthopedic diagnosis, surgical planning, and personalized treatment. Expect this trio to outpace extremities as the fastest-growing segment.

Remember, these trends shape the landscape of orthopedics and bone care, impacting patient outcomes and industry practices. If you have any more questions or need further insights, feel free to ask! 😊

[omkarpatel]

Kirschner Wire market is estimated to witness steady growth owing to rising cases of bone fractures

The Kirschner Wire market has been gaining popularity over the recent years due to the increasing number of musculoskeletal procedures being performed globally. Kirschner wires, also known as K-wires, are surgical steel pins inserted through the skin into bones to mend fractures or join broken bone fragments. They offer several advantages over other fixation devices such as plates and screws including being less invasive, easier to insert, and avoid risk of infection.

The global Kirschner Wire Market is estimated to be valued at US$ 2,135.2 Mn in 2023 and is expected to exhibit a CAGR of 5.1% over the forecast period 2023-2030, as highlighted in a new report published by Coherent Market Insights. Market Opportunity: Growing incidence of bone fractures due to various factors such as road accidents, sports injuries, osteoporosis, and trauma have increased surgical procedures utilizing Kirschner Wires. It is estimated that over 6.8 million bone fractures occur in the United States annually. Moreover, according to a report by the National Osteoporosis Foundation, osteoporosis and related fractures cost the U.S. economy an estimated $19 billion annually. The increasing cases of bone fractures represents a major growth opportunity for Kirschner Wire manufacturers as they help in faster healing of fractures and bone fragments. This rising disease burden and growing geriatric population vulnerable to osteoporosis will continue driving the demand for Kirschner Wires over the forecast period. Porter's Analysis Kirschner Wire Market - Threat of new entrants: Low, as this is an established and mature market requiring high capital investments for manufacturing facilities. - Bargaining power of buyers: Moderate, as key players have strong presence and healthcare systems have standardized procurement policies. - Bargaining power of suppliers: Low, as raw materials are commodity chemicals available from multiple suppliers globally. - Threat of new substitutes: Low, as K-wires are gold standard for certain fractures without viable substitutes presently. - Competitive rivalry: High, as the market is consolidated with key global players differentiating through innovation and value-added services. SWOT Analysis Strengths: High clinical efficacy and surgeon familiarity with K-wire technique for fixation of small bone fractures make it the standard of care. Weaknesses: Metallic implants can cause irritation, necessitating their removal post-healing. Risk of injury to surrounding tissues during insertion and removal. Opportunities: Development of absorbable/dissolvable devices eliminates need for removal surgery. Expansion into emerging markets fueled by increase in trauma cases. Threats: Increased adoption of alternative fixation devices like plates, screws poses competition. Stringent regulatory approvals for new materials delay product innovations. Key Takeaways The global Kirschner Wire Market is expected to witness high growth supported by the rising incidence of bone and joint disorders worldwide. The global Kirschner Wire Market is estimated to be valued at US$ 2,135.2 Mn in 2023 and is expected to exhibit a CAGR of 5.1% over the forecast period 2023 to 2030. Regionally, North America dominates owing to the large patient population seeking knee and hip replacement surgeries. However, Asia Pacific is likely to emerge as the fastest growing market due to growing medical tourism, healthcare infrastructure development and increasing spending on orthopedic implants in China and India. Key players operating in the Kirschner Wire market are Stryker Corporation, Paragon 28 Inc, Zimmer Biomet Holdings, Inc., B. Braun Melsungen AG, Orthofix Medical Inc., Smith & Nephew plc, Medline Industries, Inc., Becton, Dickinson and Company, DePuy Synthes Companies (a subsidiary of Johnson & Johnson), Arthrex, Inc., Wright Medical Group N.V., Integra LifeSciences Corporation, KLS Martin Group, Acumed LLC and GPC Medical Ltd. Major players are focusing on new product launches, expansion of manufacturing capabilities and acquisitions to strengthen their market position.

[sarthaktmr]

Small Bone and Joint Orthopedic Devices Market to Develop Rapidly by 2027, TMR Study

The global small bone and joint orthopedic devices market is estimated to attain a valuation of US$ 9,715.6 Mn by the end of 2027, states a study by Transparency Market Research (TMR). Besides, the report notes that the market is prognosticated to expand at a CAGR of 6.3% during the forecast period, 2019 to 2027.

The key objective of the TMR report is to offer a complete assessment of the global market including major leading stakeholders of the small bone and joint orthopedic devices industry. The current and historical status of the market together with forecasted market size and trends are demonstrated in the assessment in simple manner. In addition, the report delivers data on the volume, share, revenue, production, and sales in the market.

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The report by TMR is the end-product of a study performed using different methodologies including the PESTEL, PORTER, and SWOT analysis. The study with the help of these models shed light on the key financial considerations that players in the small bone and joint orthopedic devices market need to focus on identifying competition and formulate their marketing strategies for both consumer and industrial markets. The report leverages a wide spectrum of research methods including surveys, interviews, and social media listening to analyze consumer behaviours in its entirety.

Small Bone and Joint Orthopedic Devices Market: Industry Trends and Value Chain

The study on the small bone and joint orthopedic devices market presents a granular assessment of the macroeconomic and microeconomic factors that have shaped the industry dynamics. An in-depth focus on industry value chain help companies find out effective and pertinent trends that define customer value creation in the market. The analysis presents a data-driven and industry-validated frameworks for understanding the role of government regulations and financial and monetary policies. The analysts offer a deep-dive into the how these factors will shape the value delivery network for companies and firms operating in the market.

Small Bone and Joint Orthopedic Devices Market: Branding Strategies and Competitive Strategies

Some of the key questions scrutinized in the study are:

What are some of the recent brand building activities of key players undertaken to create customer value in the small bone and joint orthopedic devices market?

Which companies are expanding litany of products with the aim to diversify product portfolio?

Which companies have drifted away from their core competencies and how have those impacted the strategic landscape of the small bone and joint orthopedic devices market?

Which companies have expanded their horizons by engaging in long-term societal considerations?

Which firms have bucked the pandemic trend and what frameworks they adopted to stay resilient?

What are the marketing programs for some of the recent product launches?

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The list of key players operating in the small bone and joint orthopedic devices market includes following names:

Player 2

Player 3

Player 4

Small Bone and Joint Orthopedic Devices Market: Assessment of Avenues and Revenue Potential in Key Geographies

Some of the key aspects that the study analyzes and sheds light are:

Which regions are witnessing rise in investments in the supply chain networks?

Which countries seems to have benefitted from recent import and export policies?

Which regions have witnessed decline in consumer demand due to economic and political upheavals?

Which are some the key geographies that are likely to emerge as lucrative markets?

Which regions are expected to lose shares due to pricing pressures?

Which regions leading players are expected to expand their footprints in the near future?

What are some the sustainability trends impacting the logistics and supply chain dynamics in the small bone and joint orthopedic devices market?

What are some of the demographic and economic environments that create new demand in developing economies?

How are changing government regulations shaping business strategies and practices?

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Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyze information.

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[vijayanger12]

According to the report, the global small bone and joint orthopedic devices market was valued at US$ 5.5 Bn in 2021 and is anticipated to expand at a CAGR of 6.3% from 2022 to 2030

[solutionsandservices]

Global Small Bone and Joint Orthopedic Devices Market 2019 Industry Forecasts To 2024 Small Bone and Joint Orthopedic Devices Market Report The report offers an overview of the Small Bone and Joint Orthopedic Devices with the help of application segments and geographical regions (United States, Europe, China, Japan, Southeast Asia, India, Central & South America, ROW) that govern the market currently.

[bunnyroy]

Small Bone and Joint Orthopedic Devices Market to 2021 – Analysis of Acumed, Arthrex, DePuy Synthes, Smith & Nephew, and Stryker

Small Bone and Joint Orthopedic Devices Market to 2021 – Analysis of Acumed, Arthrex, DePuy Synthes, Smith & Nephew, and Stryker

MarketResearchNest.com adds “Global Small Bone And Joint Orthopedic Devices Market 2017-2021” new report to its research database. The report spread across 90 pages with table and figures in it.

  Research analysts forecast the global small bone and joint orthopedic devices market to grow at a CAGR of 9.00% during the period 2017-2021 .

  About Small Bone and Joint Orthopedic Devices

Small bone…

[palebearwombat-blog]

Global Small Bone and Joint Orthopedic Devices Market 2017 Industry Value By Regions Type: China, Europe, India

Global Small Bone and Joint Orthopedic Devices Industry 2017 Market Overview, Size, Share, Trends, Analysis, Technology, Applications, Growth, Market Status, Demands, Insights, Development, Research and Forecast 2017-2020.

This market intelligence report serves its readers with an executive-level blueprint of the global Small Bone and Joint Orthopedic Devices market. Data from a number of paid and unpaid sources including press releases, journals, presentations, and white papers has been taken into account for collating this report.

The various factors influencing the growth of the global Small Bone and Joint Orthopedic Devices market, including drivers, restraints, and opportunities, are studied in detail. The report serves as a repository of analysis and information regarding various aspects and is aimed at updating stakeholders about the prevailing market dynamics. It identifies the ongoing trends of the global Small Bone and Joint Orthopedic Devices market in both developed and emerging marketplace.

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The report uses tools such as Porter’s five force analysis and market attractiveness analysis to offer essential insights into the vendor landscape of the global Small Bone and Joint Orthopedic Devices market. It profiles the key companies operating in the market along with their revenue generation, market shares, latest developments, contact information, and business strategies. Details pertaining to the latest mergers and acquisitions in the market are also mentioned in the report. The report also includes a SWOT analysis that aids in deriving the potential growth trajectory of each prominent player in the market. It contains a separate section of recommendations that help organizations in the market in decision-making and formulate their future strategies.

To provide a holistic overview, the report has divided the global Small Bone and Joint Orthopedic Devices market on the basis of various criteria such as geography and application. It identifies the leading and the most promising segment based on both value and volume. The statistics presented for each segment have been represented through graphical segmentation for a better understanding. This report, thus, provides a 360-degree view of the global Small Bone and Joint Orthopedic Devices market.

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Table of Contents

Global Small Bone and Joint Orthopedic Devices Market Professional Survey Report 2017 1 Industry Overview of Small Bone and Joint Orthopedic Devices 1.1 Definition and Specifications of Small Bone and Joint Orthopedic Devices 1.1.1 Definition of Small Bone and Joint Orthopedic Devices 1.1.2 Specifications of Small Bone and Joint Orthopedic Devices 1.2 Classification of Small Bone and Joint Orthopedic Devices 1.2.1 Type I 1.2.2 Type II 1.2.3 Type III 1.3 Applications of Small Bone and Joint Orthopedic Devices 1.3.1 Application 1 1.3.2 Application 2 1.3.3 Application 3 1.4 Market Segment by Regions 1.4.1 North America 1.4.2 China 1.4.3 Europe 1.4.4 Southeast Asia 1.4.5 Japan 1.4.6 India

2 Manufacturing Cost Structure Analysis of Small Bone and Joint Orthopedic Devices 2.1 Raw Material and Suppliers 2.2 Manufacturing Cost Structure Analysis of Small Bone and Joint Orthopedic Devices 2.3 Manufacturing Process Analysis of Small Bone and Joint Orthopedic Devices 2.4 Industry Chain Structure of Small Bone and Joint Orthopedic Devices

3 Technical Data and Manufacturing Plants Analysis of Small Bone and Joint Orthopedic Devices 3.1 Capacity and Commercial Production Date of Global Small Bone and Joint Orthopedic Devices Major Manufacturers in 2015 3.2 Manufacturing Plants Distribution of Global Small Bone and Joint Orthopedic Devices Major Manufacturers in 2015 3.3 R&D Status and Technology Source of Global Small Bone and Joint Orthopedic Devices Major Manufacturers in 2015 3.4 Raw Materials Sources Analysis of Global Small Bone and Joint Orthopedic Devices Major Manufacturers in 2015

4 Global Small Bone and Joint Orthopedic Devices Overall Market Overview 4.1 2011-2017 Overall Market Analysis 4.2 Capacity Analysis 4.2.1 2011-2017 Global Small Bone and Joint Orthopedic Devices Capacity and Growth Rate Analysis 4.2.2 2015 Small Bone and Joint Orthopedic Devices Capacity Analysis (Company Segment) 4.3 Sales Analysis 4.3.1 2011-2017 Global Small Bone and Joint Orthopedic Devices Sales and Growth Rate Analysis 4.3.2 2015 Small Bone and Joint Orthopedic Devices Sales Analysis (Company Segment) 4.4 Sales Price Analysis 4.4.1 2011-2017 Global Small Bone and Joint Orthopedic Devices Sales Price 4.4.2 2015 Small Bone and Joint Orthopedic Devices Sales Price Analysis (Company Segment)

List of Tables and Figures Figure Picture of Small Bone and Joint Orthopedic Devices Table Product Specifications of Small Bone and Joint Orthopedic Devices Table Classification of Small Bone and Joint Orthopedic Devices Figure Global Production Market Share of Small Bone and Joint Orthopedic Devices by Type in 2015 Figure Type I Picture Table Major Manufacturers of Type I Figure Type II Picture Table Major Manufacturers of Type II Figure Type III Picture Table Major Manufacturers of Type III Table Applications of Small Bone and Joint Orthopedic Devices Figure Global Consumption Volume Market Share of Small Bone and Joint Orthopedic Devices by Application in 2015 Figure Application 1 Examples Table Major Consumers of Application 1 Figure Application 2 Examples Table Major Consumers of Application 2 Figure Application 3 Examples Table Major Consumers of Application 3 Figure Market Share of Small Bone and Joint Orthopedic Devices by Regions Figure North America Small Bone and Joint Orthopedic Devices Market Size (2011-2021) Figure China Small Bone and Joint Orthopedic Devices Market Size (2011-2021) Figure Europe Small Bone and Joint Orthopedic Devices Market Size (2011-2021)

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[datainternetmarketing]

Everything You Need To Know About Alumina Ceramics

If you're wondering what is alumina, you've come to the right spot. Alumina is a ceramic material that has numerous advantages. It is characterized by low electrical conductivity, chemical resistance, high strength and hardness. This material has an extremely high melting point, and 9 Mohs Hardness Rating.

High-purity

The High Purity Alumina Ceramics for Semiconductor market research report includes market size and growth, segmentation and company profiles. It also outlines the major market drivers and challenges. The report analyzes the global market for Alumina Ceramic. The report uses five forces to evaluate the competition and spot possible opportunities.

High-purity alumina ceramics are tough and versatile technical ceramics. They have excellent thermal and electrical insulation properties. They can be tailored to meet specific requirements.

Small grain size

Heat treatments can coarsen alumina ceramic grains. They are typically performed at temperatures ranging from 1350 degC and 1400 degC. A large increase in grain size decreases the hardness of the Vicker by about 10%. Additionally, the grain size affects cutting techniques, so the smaller the grain size smaller, the better the cutting efficiency.

In light-transmitting applications like high-pressure sodium lamps, arc tubes and other devices for light transmission Aluminas with coarse grain can be employed. Ceramics made of synthetic materials must be resistant to corrosion even at higher temperatures and are transparent, but they also must be able to maintain their strength.

Resistant to corrosion

There are numerous ways to assess the resistance of Alumina Ceramics to corrosion. For example the chemical stability of the material can be assessed by studying its resistance to acids and alkalis. The higher the purity of the material, the better its resistance to these substances. Another method to determine the corrosion resistance of alumina is to test the material in water-based solutions which have a high level of sulfuric acid.

Alumina ceramics are classified by their Al2O3 content. The more of ceramic zirconia the greater the corrosion and wear resistance. Alumina ceramics typically consist of white, granular material that is dense and silky. There are two types of Alumina that are tabular and hydrated.

Machining

Machining Alumina Ceramics is an excellent method to produce high-quality components that have tight tolerances. They are also resistant to chemical, heat and mechanical wear. They are excellent choices for applications in aerospace, medical, and academic industries. They can also be used to make bushings or components with high electrical and corrosion resistance.

Alumina is available in a wide range of purity levels. The range of purity is typically 90 to 99.9%, with Precision Ceramics working primarily with 99.7% alumina. These ceramics are easily extruded and can be molded. However, custom ceramics requires advanced diamond grinding techniques. The most advanced machining techniques have been devised to make this material easier to work with.

Applications

Alumina Ceramics have a broad spectrum of applications in various areas. They are utilized in medical applications as a substitute for bone tissue for orthopedic surgery, for artificial joints and bones, as well as porcelain false teeth. Due to their exceptional properties and their ability to withstand temperatures up to 100 degrees they are an ideal choice for these applications.

Alumina ceramics can be produced in various methods, from powdered granules to fully fused ceramics. Sintering involves the suspension as well as heating of alumina in liquid. Typically, the alumina dust is mixed with other materials prior to being molded and the combination of alumina and other materials determines the quality of the aluminum.

[mitalipingale]

The Small Bone and Joint Orthopedic Devices Market in 2023 is US$ 7.54 billion, and is expected to reach US$ 12.5 billion by 2031 at a CAGR of 6.50%.

[healthcare-market]

Medical Dynamometer Market to Record an Exponential CAGR by 2028

Transparency Market Research (TMR) has published a new report titled, “Medical Dynamometer Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2028.” According to the new report, the medical dynamometer market was valued at US$ 522.3 Mn in 2017 and is projected to expand at a CAGR of 7.4% from 2018 to 2026. Increase in sports activity and rise in number of accidents that lead to bone fractures are anticipated to propel the global market between 2018 and 2026. North America and Europe are expected to dominate the global market, owing to an increase in demand for novel technologies. The market in Asia Pacific is projected to expand at a high CAGR during the forecast period. The medical dynamometer market in Latin America is likely to grow at a moderate pace during the forecast period. Key factors contributing to the growth of the market in Brazil are rapid improvement in health care infrastructure and increase in purchasing power of people. Additionally, health care companies strive to cut hospitalization costs, while offering better services to patients in the country.

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Increase in Sports Injuries to Fuel Market

Rise in health awareness, increase in the geriatric population, and surge in importance of adventure sports among youngsters have led to high incidence of sports injuries across the world. According to the Centers for Disease Control and Prevention, high school athletes alone account for 2 million injuries, 50,000 doctor visits, and 30,000 hospitalizations in the U.S. each year. High rate of youth sports injuries is fueled by an increase in overuse of the joints and repeated small trauma injuries. Additionally, the baby boomer population in the U.S. is able to exercise under medical supervision. This demography has, therefore, been reported to undergo surgeries such as hip and knee replacements and surgery for cartilage damage. Common sports-related injuries include ankle sprain, plantar fasciitis, shoulder sprains & strains, rotator cuff tears, and knee injuries. Therefore, increase in sports-related injuries has created high demand for knee cartilage repair procedures.

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Rise in Prevalence of Bone Injuries to Drive Market

Medical dynamometer is an alternative to physiotherapy treatment for those suffering from various joint, muscle, and tendon disorders. These devices are efficient in rapid pain management and mobility restoration. Hence, these are used to speed up the recovery process and cure various indications which lead to acute or chronic pain. According to the International Osteoporosis Foundation, 2017, osteoporosis causes more than 8.9 million fractures across the world each year, with an osteoporotic fracture every 3 seconds. By 2050, the global incidence of hip fracture in men is projected to increase by 310% and 240% in women, as compared to the rates in 1990. According to the World Health Organization, 45% of road traffic fatalities in low-income countries occurs among pedestrians, while it is estimated at 29% in middle-income and 18% in high-income countries among pedestrians.

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Hand Dynamometer Segment to Dominate the Market

Hand dynamometer was a prominent segment of the market in 2017. The segment is projected to expand at a high CAGR during the forecast period. Rise in sports injuries and increase in number of fractures of hands and wrists are anticipated to propel the segment in the near future.

Orthopedic Segment to Lead Market

The orthopedic segment is projected to dominate the global market during the forecast period, accounting for the largest share by 2026. The segment is anticipated to expand at a high CAGR between 2018 and 2026.

Asia Pacific offers Significant Opportunities

Asia Pacific accounted for significant share of the global medical dynamometer market in 2017. The region is likely to gain market share by 2026. High adoption of hand dynamometer and government initiatives to promote innovative devices contributed to Asia Pacific’s high share of the global dynamometer market. Asia Pacific is projected to be an attractive market for dynamometer market during the forecast period. The market in Asia Pacific is likely expand at a high CAGR during the forecast period due to large number of trauma injuries. China accounted for the largest share of the market in the region in terms of revenue in 2017. The market in Latin America and Middle East & Africa is anticipated to expand at a moderate growth rate during the forecast period.

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Rise in Osteoporosis Diseases among Geriatric Population

According to the International Conference on Spine and Spinal Disorders (2016), osteoporosis disease has become quite common among the geriatric population. Approximately 1.5 million people globally suffer from osteoporosis fracture every year and an estimated 700,000 experience spinal fracture.

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[vicky8588]

Orthopedic Power Tools Market Size, Share and Forecast 2021-2028

Market Overview

·The global orthopedic power tools market is projected to expand at a CAGR of XX% to reach a market value of USD XXX million by 2026.

· Orthopedic power tools are used by the orthopedic surgeons during orthopedic surgeries to cut, shape, drill, ream, dissection, etc., orthopedic surgeons use these tools to insert implants into the bones during orthopedic injuries. These tools are used to treat trauma, spine diseases, sports injuries, and many others.

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 Market Drivers

·         Significant factors for the growth of global orthopedic power tools market is the increase in the number of orthopedic surgeries which are mostly by osteoporosis and orthopedic injuries and all other recent developments in the technology.

·         In 2014, According to the International Osteoporosis Foundation, 200 million people had osteoporosis globally.

·         Osteoporosis and orthopedic surgeries are expected to raise the demand for orthopedic power tools over the forecast period.

·         In 2011, according to Becker’s Ambulatory Surgical Centre Review, in 2011, around 5.3 million orthopedic surgeries were performed, and the number was projected to reach 6.6 million by 2020.

·         According to AJRR (American Joint replacement registry), there were around 4lakh cumulative surgical procedures increase in between 2012 and 2016.

·         Annually around 7lakh replacement surgeries are performed in the US; this count is estimated to increase to around 3millions by 2030, whereas coming to the case of hip replacement surgeries from 2010 to 2015 the number was increased from 3lakhs to 6lakhs in approximation.

 Market Restraints

·         According to Epidemiology of Surgical Site Infection, it was estimated that one out of 24 patients undergoing inpatient surgery in the U.S. suffer from post-operative surgical site infection.

·         Moreover, according to the Massachusetts Medical Device Industry Council, increase in tax by 2.3% has led 43.5% medical devices manufacturers to adjust their operations through a reduction in R&D investments, lowering production costs, and reducing employee headcount.

 Market Segmentation

By Product type

·         Large bone power tools are the most profitable product in global orthopedic power tools market which is followed by high-speed power tools.

·         These power tools find large application in trauma-related surgeries, and knee & hip reconstruction surgeries.

·         Because it takes advantage of innovative motor technology which offers minor vibration and better control.

 By Technology

·         Battery-operated followed by pneumatic orthopedic tools occupies the significant market share because battery-operated orthopedic power tools are most commonly used in orthopedic surgeries because these are more durable, easily serviceable and 70 to 75 times cheaper than the other orthopedic power tools and Pneumatic-powered tools are easy to handle as they are small, vibration free, and light in weight.

 By Geography

·         North America accounts the most significant revenue share in Global orthopedic power tools market due to the availability of orthopedic surgical centers in large scale.

·         For instance, in 2016, according to the National Health Expenditure Accounts, annual expenditure by US orthopedic healthcare was increased by 4%.

·         For instance for instance, according to WHO in 2016 over 7 million Americans required hospitalization due to orthopedic issues.

·         For instance, Zimmer the Company which involves in the manufacturing of orthopedic tools related to dental implants, spinal and trauma-related device products. In 2015, the company announced revenue of USD 4.67 billion.

 Competitive Trends

·         Some of the key players in the global orthopedic power tools market are ConMed Corporation, Zimmer, Medtronic, Stryker Inc., and others.

·         In May 2018 DePuy Synthes announced the acquisition of Orthodoxy, a privately-held developer of software-enabled surgery for total and partial knee replacement.

·         In March 2017, Stryker Corporation launched various instruments under the brand name System 8 orthopedic power tool, which includes System 8 SABO sagittal saw and System 8 cordless drivers these devices are more efficient and accurate.

·         In 2016, Stryker has offered various orthopedic power tools which include System 7 massive bone power tool, System 7 precision saw, System 6 massive bone power tool, RemB small bone power tool, core small bone power tool, and CORE Console small bone power tool.

·         In 2015, Medtronic launched Midas Rex MR7 high-speed pneumatic drills, Midas Rex Legend EHS stylus high-speed surgical drill, and Midas REX Spine shaver nucleus removal set.

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[reportsanddata]

Extremities (Shoulder and Small Joint Implants) Market  Size, Revenue Analysis, Industry Outlook, Forecast, 2020-2028

According to the current analysis of Reports and Data, the Global Extremities (Shoulder and Small Joint Implants) Market was valued at USD 2.27 Billion in 2020 and is expected to reach USD 3.82 Billion by year 2028, 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.

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.

Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/1415 The report provides a panoramic view of the market and insights that will help formulate better business decisions. In addition to that, the study helps well-established companies and players gain a deeper understanding of the market and make informed decisions. The report also discusses in detail about the key factors influencing the market growth.

Key companies operating in the market include:

 Johnson & Johnson, Smith & Nephew, Stryker, Wright Medical and Zimmer Biomet

The report covers an extensive analysis of the key market players in the market along with their business overview, expansion plans, and strategies. The report also focuses on recent strategic alliances in the market including mergers and acquisitions, joint ventures, partnerships, agreements, corporate and government deals, product launches, and brand promotions, among others.

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Further key findings from the report suggest:

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%

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

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

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

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

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On basis of product types and application offered by the Extremities (Shoulder and Small Joint Implants) industry, the market is segmented into:

Product Type: (Revenue, USD Million; 2020–2028)

Upper Extremity Devices

Shoulder

Elbow

Hand and Wrist

Others

Lower Extremity Devices

Foot

Ankle

Others

Material: (Revenue, USD Million; 2020–2028)

Ceramics

Metallic

Polymeric

End Use: (Revenue, USD Million; 2020–2028)

Hospitals

Ambulatory Surgical Centres (ASC’s)

Pharmaceutical and Biotech Companies

Orthopedic Clinics

Others

The report aims to provide a better understanding of the market dynamics and the workings of the industry on a global level. To gain a deeper understanding of the industry, the global Extremities (Shoulder and Small Joint Implants) market is further segmented on the basis of key geographical regions such as North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. The report also offers a country-wise analysis to provide crucial insights into market size, market growth, market revenue growth, and economic growth in each region.

In-depth regional analysis includes:

·         North America (U.S., Canada, Mexico)

·         Europe (Italy, U.K., Germany, France, Rest of EU)

·         Asia Pacific (India, China, Japan, South Korea, Australia, Rest of APAC)

·         Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)

·         Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Benefits of Extremities (Shoulder and Small Joint Implants) Market Report:

·         Panoramic overview of the opportunities and risks in the Extremities (Shoulder and Small Joint Implants) sector

·         Study of recent innovations and developments in the industry

·         Comprehensive study of the growth pattern of the Extremities (Shoulder and Small Joint Implants) industry

·         In-depth assessment of the competitive landscape of the key players of the Extremities (Shoulder and Small Joint Implants) industry

·         Analysis of the Extremities (Shoulder and Small Joint Implants) market drivers, constraints, and opportunities

·         Assessment of technological developments and latest trends of the industry

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Arthroscopy Devices Market: Size, Business Growth, Industry Top Companies Share, Demand, Trend, Revenue, and Forecast

According to the latest report by IMARC Group, titled “Arthroscopy Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global arthroscopy devices market size exhibited moderate growth during 2015-2020. Looking forward, IMARC Group expects the global arthroscopy devices market to grow at a CAGR of 6.8% during 2021-2026.  Arthroscopy devices are orthopedic surgery instruments that help in visualizing, examining, and executing therapeutic interventions inside the joints of the body, such as the knee, hip, spine, shoulder and elbow. They are designed for the procedural ease of cutting and trimming with ergonomic designs and balanced weights, enabling surgeons to conduct complex surgeries without opening joints. Some of these devices include biters, graspers, retrievers; chondral mallets and picks with Teflon handles; hooks and probes; meniscal elevators and retractors; and IVD rongeurs with small jaws.

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviors of the consumers globally–our estimates about the latest market trends and forecast values after considering the impact of this pandemic. These observations will be integrated into the report.

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Market Trends:

Over the past few years, there has been a rise in the prevalence of bone-specific conditions, like osteoarthritis, rheumatoid arthritis, tendonitis and bone tumor, especially among the geriatric population, which, in turn, has boosted the demand for arthroscopy devices. Furthermore, an increasing number of injuries leading to fractures, strains, sprains, and dislocations due to the engagement in sports activities have also helped in proliferating the market growth. Moreover, with technological advancements, manufacturers have developed arthroscopy equipment with high-definition monitors and wireless camera that can withstand steam sterilization, thereby reducing procedure and turnover time, and enhancing surgeon control. Other factors, such as constant innovations and improvements in medical devices, and growing awareness about the utilization of arthroscopic technologies, are also providing a positive impact on the industry.

Buy full report with table of contents: https://www.imarcgroup.com/arthroscopy-devices-market

Key Market Segmentation:

Some of the Key Players in the Market include:

Arthrex Inc.

CONMED Corporation

Johnson & Johnson Services Inc

Karl Storz SE & Co. KG

Medtronic Inc.

Richard Wolf GmbH

Smith & Nephew plc

Stryker Corporation,

Vimex Sp. z o.o.

Zimmer Biomet Holdings Inc., etc.

Breakup by Device Type:

Arthroscope

Arthroscopic Implant

Fluid Management System

Radiofrequency System

Visualization System

Others

Breakup by Arthroscopy Type:

Knee Arthroscopy

Hip Arthroscopy

Spine Arthroscopy

Shoulder and Elbow Arthroscopy

Foot and Ankle Arthroscopy

Others

Breakup by End-User:

Hospitals

Ambulatory Surgical Centers

Orthopedic Clinics

Others

Breakup by Region:

North America

Asia Pacific

Europe

Latin America

Middle East and Africa

Key Highlights of the Report:

Market Performance (2015-2020)

Market Outlook (2021- 2026)

Porter’s Five Forces Analysis

Market Drivers and Success Factors

SWOT Analysis

Value Chain

Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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