Global Upper Extremities Market 2017-2021

  • ID: 4143980
  • Report
  • Region: Global
  • 70 pages
  • TechNavio
OFF
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

1 of 5

FEATURED COMPANIES

  • Acumed
  • Bone Therapeutics
  • Exactech
  • Lima Corporate
  • Össur
  • Smith & Nephew
  • MORE
About Upper Extremities

The term "extremity" is generally used to refer to a person's limbs and related parts. Upper extremities include the shoulders, hands, elbows, forearms, wrists, and fingers. Lower extremities consist of the feet, toes, ankles, knees, shins, and thighs. The extremity products are used to treat, repair, replace, or heal extremity injuries such as fractures or damage. These products include external recovery braces, surgical implants, joint replacements, biologics, and external support implants.

The analysts forecast the global upper extremities market to grow at a CAGR of 6.84% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global upper extremities market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

The report, Global Upper Extremities Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- DePuy Synthes
- Stryker
- Wright Medical
- Zimmer-Biomet

Other prominent vendors
- Acumed
- Arthrex
- Avitus Orthopaedics
- Biotech Limb and Brace
- Bioservo Technologies
- Bioventus
- Bone Therapeutics
- Bone Biologics
- Ceramisys
- CONMED
- CollPlant
- DJO Global
- Evolutis
- Exactech
- FH Orthopedics
- FX Solutions
- Graftys
- ICONACY Orthopedic Implants
- Integra LifeSciences
- implantcast
- ISTO Technologies
- Lima Corporate
- Medtronic
- Merete Group
- Myomo
- NovaBone
- Össur
- OsteoMed
- Orthofix
- Orthogem
- Promedics Orthopaedic
- Regenexx
- RTI Surgical
- Sigma Graft
- Silver Bullet Therapeutics
- Skeletal Dynamics
- Smith & Nephew
- Stanmore Implants
- Surgical Appliance Industries
- TriMed
- Xtant Medical

Market drivers
- Increasing number of shoulder and elbow procedures in Europe and APAC.
- For a full, detailed list, view the full report

Market challenges
- High upper extremity procedure cost.
- For a full, detailed list, view the full report

Market trends
- Increase in orthopedic outsourcing.
- For a full, detailed list, view the full report

Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the Key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
READ MORE
Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Acumed
  • Bone Therapeutics
  • Exactech
  • Lima Corporate
  • Össur
  • Smith & Nephew
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by products
  • Braces and supporting systems
  • Orthobiologics
  • Accessories
PART 07: Market segmentation by procedures
  • Joint replacement and fracture
  • Nerve diseases and soft tissue injuries
PART 08: Market segmentation by end-user
  • Hospitals and clinics
  • ASCs
  • PART 09: Geographical segmentation
  • Upper extremities market in Americas
  • Upper extremities market in EMEA
  • Upper extremities market in APAC
PART 10: Decision framework

PART 11: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 12: Market trends
  • Growing popularity of MI procedures
  • Technological advances
  • Increase in orthopedic outsourcing
PART 13: Vendor landscape
  • Competitive scenario
PART 14: Key vendor analysis
  • DePuy Synthes
  • Stryker
  • Wright Medical
  • Zimmer Biomet
  • Other prominent vendors
PART 15: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global orthopedic devices market and global upper extremities market: Overview 2016
Exhibit 02: Market overview: Global upper extremities by product
Exhibit 03: Global upper extremities market 2016-2021 ($ billions)
Exhibit 04: Unmet needs and strategies obtained by companies to increase market growth
Exhibit 05: Five forces analysis
Exhibit 06: Global upper extremities market by products 2016 and 2020 (%)
Exhibit 07: Market overview: Braces and supporting systems
Exhibit 08: Upper extremities braces and supporting systems market 2016-2021 ($ billions)
Exhibit 09: M&A: Upper extremity products - Plates and prosthetic implants
Exhibit 10: Upper extremities orthobiologics market 2016-2021 ($ millions)
Exhibit 11: Funding for orthobiologics development
Exhibit 12: Market overview: Accessories
Exhibit 13: Upper extremities accessories market 2016-2021 ($ billions)
Exhibit 14: Global upper extremities market by procedures 2016
Exhibit 15: Market overview: Joint replacement
Exhibit 16: Market overview: Nerve diseases and soft tissue injuries
Exhibit 17: Global upper extremities market by end-user 2016
Exhibit 18: Global upper extremities market by geographical segmentation 2016 and 2021 ($ billions)
Exhibit 19: Market overview: Upper extremities market in Americas
Exhibit 20: Percentage of obese population in Americas above 15 years old 2013
Exhibit 21: Upper extremities market in Americas 2016-2021 ($ billions)
Exhibit 22: Upper extremities market in Americas: Market analysis in various countries
Exhibit 23: Market overview: Upper extremities market in US
Exhibit 24: Market overview: Upper extremities market in EMEA
Exhibit 25: Upper extremities market in EMEA 2016-2021 ($ millions)
Exhibit 26: Upper extremities market in EMEA: Market analysis in various countries
Exhibit 27: Market overview: Upper extremities market in UK
Exhibit 28: Market overview: Upper extremities market in APAC
Exhibit 29: Upper extremities market in APAC 2016-2021 ($ billions)
Exhibit 30: Upper extremities market in APAC: Market analysis in various countries
Exhibit 31: Market overview: Upper extremities market in Australia
Exhibit 32: New technological product launches in key markets
Exhibit 33: Number of road injuries in UK 2015
Exhibit 34: Primary shoulder and elbow surgery cases in UK 2013-2015
Exhibit 35: Shoulder and elbow revision surgery cases in UK 2013-2015
Exhibit 36: Impact of drivers
Exhibit 37: Average treatment cost of hand fractures
Exhibit 38: Average procedure cost of shoulder fractures and arthroplasty: Reverse and conventional shoulder arthroplasty
Exhibit 39: Types of upper extremity orthopedic procedure and their complications
Exhibit 40: Impact of challenges
Exhibit 41: Competitive structure analysis of global upper extremities market 2016
Exhibit 42: Competitive landscape analysis of global upper extremities market 2016
Exhibit 43: Strategic recommendation for vendors in global upper extremities market
Exhibit 44: DePuy Synthes: Key highlights
Exhibit 45: DePuy Synthes: Strength assessment
Exhibit 46: DePuy Synthes: Strategy assessment
Exhibit 47: DePuy Synthes: Opportunity assessment
Exhibit 48: Stryker: Key highlights
Exhibit 49: Stryker: Strength assessment
Exhibit 50: Stryker: Strategy assessment
Exhibit 51: Stryker: Opportunity assessment
Exhibit 52: Wright Medical: Key highlights
Exhibit 53: Wright Medical: Strength assessment
Exhibit 54: Wright Medical: Strategy assessment
Exhibit 55: Wright Medical: Opportunity assessment
Exhibit 56: Zimmer Biomet: Key highlights
Exhibit 57: Zimmer Biomet: Strength assessment
Exhibit 58: Zimmer Biomet: Strategy assessment
Exhibit 59: Zimmer Biomet: Opportunity assessment
Note: Product cover images may vary from those shown
3 of 5

Loading
LOADING...

4 of 5

FEATURED COMPANIES

  • Acumed
  • Bone Therapeutics
  • Exactech
  • Lima Corporate
  • Össur
  • Smith & Nephew
  • MORE
New Report Released: – Global Upper Extremities Market 2017-2021

The author of the report recognizes the following companies as the key players in the global upper extremities market: DePuy Synthes, Stryker, Wright Medical, and Zimmer-Biomet.

Other Prominent Vendors in the market are: Acumed, Arthrex, Avitus Orthopaedics, Biotech Limb and Brace, Bioservo Technologies, Bioventus, Bone Therapeutics, Bone Biologics, Ceramisys, CONMED, CollPlant, DJO Global, Evolutis, Exactech, FH Orthopedics, FX Solutions, Graftys, ICONACY Orthopedic Implants, Integra LifeSciences, implantcast, ISTO Technologies, Lima Corporate, Medtronic, Merete Group, Myomo, NovaBone, Össur, OsteoMed, Orthofix, Orthogem, Promedics Orthopaedic, Regenexx, RTI Surgical, Sigma Graft, Silver Bullet Therapeutics, Skeletal Dynamics, Smith & Nephew, Stanmore Implants, Surgical Appliance Industries, TriMed, and Xtant Medical.

Commenting on the report, an analyst from the research team said: “One trend in market is technological advances. With advances in technology finding their way to the healthcare field, there have been several innovations in terms of product design, function, and the processes employed for surgeries and recovery. The integration of optoelectronic drilling systems to ensure the accurate placing of metallic wires for knee and other common fracture surgeries has led to a significant rise in the success rate of these surgeries while reducing hospitalization time and cost. The growing popularity of less invasive partial knee replacements, which was a recent innovation in the healthcare industry, has led to a faster healing process. The innovations in the materials used in extremity products as well as the adoption of new, less invasive procedures will allow much quicker recovery of the extremity while allowing greater freedom of motion and comfort for the patient.”

According to the report, one driver in market is increasing number of shoulder and elbow procedures in Europe and APAC. The joint replacement surgeries such as shoulder and elbow replacement and revision procedures are increasing the need for upper extremity product in the market. For the replacement procedure, artificial implants are used to replace the elbow or shoulder joints. In 2002, the National Joint Registry was set up by the Department of Health and Welsh Government, UK. The registry collects the orthopedic reconstruction data from NHS as well as the data of procedures performed in NHS hospitals. According to the National Joint Registry, in 2016, the number of primary shoulder and elbow surgical cases and shoulder revision cases increased from 2013 to 2015. For elbow revision cases, a dip in the number of cases was observed in 2015. An increasing number of primary shoulder and elbow surgery and shoulder and elbow revision cases increased the market for upper extremity products in the UK. The growing adoption of upper extremity products for the treatment of revision cases will move the market in EMEA from slow to moderate during the forecast period.

Further, the report states that one challenge in market is increased pricing pressure. The global upper extremities market is under increased cost burden because of high competition and an increase in the prices of raw materials. The intense competition among companies in the market is largely based on the design and manufacturing costs of the products. For instance, a prosthetic hand costs around $40,000. However, with the help of 3D printing, the manufacturers and suppliers are spending only around $50-$70 to develop the prosthetic limb. Low cost in upper limb product development has encouraged many small and large companies to purchase 3D printing machines, which has eased the manufacturing-related cost burden on them. Also, they use medical grade plastic to manufacture the limbs, which helps the manufacturers to save around $20 per implant. The low manufacturing cost of prosthetic limbs has increased the market competition. The products are sold at a high price in the market as the companies are under increased pressure from insurance companies and hospitals to keep the prices fixed. In addition, local vendors offer products at low costs compared with global players, which allows consumers to select from a wide range of products. Since customers from developing countries have low awareness of new products and possess less purchasing power, they trust local companies to provide better after-sales support, which compels multinational companies to scale down their product prices, leading to price wars. This factor leads to a decrease in profit margins and an overall decline in revenue.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
5 of 5
  • DePuy Synthes
  • Stryker
  • Wright Medical
  • Zimmer-Biomet
  • Acumed
  • Arthrex
  • Avitus Orthopaedics
  • Biotech Limb and Brace
  • Bioservo Technologies
  • Bioventus
  • Bone Therapeutics
  • Bone Biologics
  • Ceramisys
  • CONMED
  • CollPlant
  • DJO Global
  • Evolutis
  • Exactech
  • FH Orthopedics
  • FX Solutions
  • Graftys
  • ICONACY Orthopedic Implants
  • Integra LifeSciences
  • implantcast
  • ISTO Technologies
  • Lima Corporate
  • Medtronic
  • Merete Group
  • Myomo
  • NovaBone
  • Össur
  • OsteoMed
  • Orthofix
  • Orthogem
  • Promedics Orthopaedic
  • Regenexx
  • RTI Surgical
  • Sigma Graft
  • Silver Bullet Therapeutics
  • Skeletal Dynamics
  • Smith & Nephew
  • Stanmore Implants
  • Surgical Appliance Industries
  • TriMed
  • Xtant Medical
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
Adroll
adroll