(Health-NewsWire.Net, October 18, 2017 ) The global extremity reconstruction devices market is expected to be around $4 billion by 2025. The major driving factors for this market are increasing incidence of sports and trauma injuries, technological advancements related to extremity implants, increasing awareness among people for leading an active lifestyle and increasing risk of degenerative joint disorders resulting from rising incidence of diabetes and obesity. In the U.S. alone, each year about 30 million children and teenagers take part in some form of organized sport where more than 3.5 million sports injuries are reported. Almost one-third of the injuries reported in children are sports related injuries. Around 21% of traumatic injuries related to the brain are attributed to sports and recreational activities. With increasing cases of sports injuries, the demand for minimally invasive techniques for joint repair and reconstruction has significantly increased in recent years. Moreover, rising geriatric population is also expected to largely contribute to the growth of extremity reconstruction devices market over the forecast period as elder people are more susceptible to joint related disorders such as Arthritis. However, factors such as high cost of extremity reconstruction procedures and stringent regulatory approval policies can hamper the market growth during the forecast period.
Product Outlook and Trend Analysis
Upper extremity reconstruction segment dominated the global extremity reconstruction market in 2016 due to rising incidence of joint disorders related to upper extremities such as fractures and arthritis. Within the upper extremity replacement segment, shoulder reconstruction sub-segment held a major market share in 2016 owing to significant increase in the number of patients opting for shoulder replacement surgeries, positive outcomes of those replacement procedures and technological advancements resulting in development on improved shoulder implants. The ankle reconstruction devices segment is expected to exhibit lucrative growth during the forecast period due to increasing incidence of ankle arthritis, emergence of minimally invasive procedures for ankle reconstruction and increasing adoption of these devices in developed countries.
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Market Classification
Extremity Reconstruction Devices Market, By Product, Estimates and Forecast, 2016-2025 ($Million) Upper Extremity Reconstruction
Elbow Reconstruction Shoulder Reconstruction Total Standard Replacement Partial Shoulder Replacement Total Reverse Replacement Stemless Total Shoulder Replacement Hand & Wrist Reconstruction
Lower Extremity Reconstruction
Ankle Reconstruction Devices Ankle Fusion Ankle Replacement Foot Devices Hind foot Fusion Other Fusions
Extremity Reconstruction Devices Market, By Biomaterial, Estimates and Forecast, 2016-2025 ($Million) Metallic Biomaterial Polymeric Biomaterial Natural Biomaterial Ceramic Biomaterial
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