Press Releases

The global small joint reconstructive implants market was valued at USD 7.8 billion in 2022, which will grow at a CAGR of 5.1% during the forecast period. Globally, small joint reconstructive implants industry players are leveraging market growth through using the advanced technologies, acquiring firms with growth prospectus and collaborating with other players and distributors to gain an edge in the competition. Investment in R&D to develop better implants using biomaterials will bolster the growth of the global market.

Hand and wrist category to remain the largest shareholder in the small joint reconstructive implants due to the increase in sports injuries

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.

Browse Market Insight and In-depth TOC on "Global Small Joint Reconstructive Implants Market – Analysis and Forecast (2022-2030)"

Based on material, the small joint reconstructive implants market is segmented into metal and polymer. Among the two, metal has been the most commonly used material for reconstructive implants. However, the demand for polymer-based implants is also increasing at a considerable rate as polymer implants are easier to manufacture depending on their use.

Based on end-user, the small joint reconstructive implants market is segmented into hospitals and ambulatory surgical centers. The hospital remains the largest stakeholder in the small joint reconstructive implants as most of these surgeries are performed in hospitals. On the other hand, ASCs are gradually gaining traction for these surgeries as these centers tend to save cost and are improving health outcomes for the patients as compared to the inpatients.

Geography Insight

Geographically, North America has accounted for the largest share in small joint reconstructive implants market, globally and is predicted to grow significantly during the forecast period. The growth of this market is attributed towards the technological advancements and increasing prevalence of orthopaedic conditions. Moreover, high disposable income in the region leads to high out of pocket expenditure by consumers in North America, especially in the U.S.

Asia-Pacific is expected to witness the fastest growth during the forecast period as the region comprises of largest population prevalent with orthopaedic condition and the awareness for its treatment in increasing.

Competitive Insight

Some of the key players operating in the global small joint reconstructive implants market are Stryker Corporation, DePuy Synthes 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.

Key Takeaway from the Report:

• Hand and wrist category is the most common type of small joint reconstructive implants.
• Metal has been the most commonly used material for a reconstructive implant, however, the demand for polymer-based implants is also increasing at a considerable rate.
• Hospital remains the largest stakeholder in the small joint reconstructive implants.
• The number of ASCs increasing, globally, thus will reduce the burden off hospitals.

The Report Offers:

• Historical market estimate for the years 2014–2018, and forecast for the years 2019–2024
• Insight on current market trends, market dynamics, key opportunities and major challenges in the industry
• Market insights by in-depth segmentation with industry dynamics.
• Competitive analysis and benchmarking of the industry leaders and their product offerings
• Profiles of leading players and innovators, their financial overview and product portfolio
• Analysis of key industry trends and recent developments
• Value chain analysis and distribution channel analysis with opportunity assessment
• Competitive intelligence for market stakehlders.

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The report provides the market value for the base year 2018 and a yearly forecast till 2030 in terms of revenue (USD Million). The report segments the global small joint reconstructive implants market on the basis of type, material, end user, and region.

Global Small Joint Reconstructive Implants Market Coverage

Type Insight and Forecast 2018-2030

• Foot and Ankle
• Hand and Wrist
• Staple Fixation

Material Insight and Forecast 2018-2030

• Metal
• Polymer

End-User Insight and Forecast 2018-2030

• Hospitals
• ASCs

Geographical Segmentation

Small Joint Reconstructive Implants Market by Region

North America

• By Type
• By Material
• By End User
• By Country – U.S., Canada, and Mexico

Europe

• By Type
• By Material
• By End User
• By Country – Germany, U.K., France, Italy, Spain, and Rest of Europe

Asia-Pacific (APAC)

• By Type
• By Material
• By End User
• By Country – China, Japan, India, South Korea, Australia, and Rest of Asia-Pacific

Rest of the World (RoW)

• By Type
• By Material
• By End User
• By Country – Brazil, Saudi Arabia, South Africa, U.A.E. and Other Countries