1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
1h Free Analyst Time
Speak directly to the analyst to clarify any post sales queries you may have.
Global Digit Joint Implants Market: About this market
Digit joint implants are medical devices used to replace the damaged or diseased bone and joints of body parts. The digit joint implants market analysis considers sales from MCP and PIP joint implants, Trapeziometacarpal joint implants, Toe implants, Others. Our analysis also considers the sales of digit joint implants in Asia, Europe, North America, and ROW. In 2018, the MCP and PIP joint implants segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the rising incidence of osteoarthritis and rheumatoid arthritis and the easy performance of revision procedures with these implants will play a significant role in the MCP and PIP joint implants segment to maintain its market position. Also, our global digit joint implants market report looks at factors such as the increasing prevalence of osteoarthritis and rheumatoid arthritis with rising in geriatric population, a growing number of hand and foot injuries, rising initiatives and awareness on digit joint plants. However, uncertainties like complications associated with the use of digit joint implants, alternatives to digit joint plants, and the presence of stringent regulations may hamper the growth of the digit joint implants over the forecast period.
Global Digit Joint Implants Market: Overview
Increasing prevalence of osteoarthritis and rheumatoid arthritis with rising in geriatric population
Arthritis is the inflammation of joints that affects the connective tissues surrounding the joints. Osteoarthritis (OA) and rheumatoid arthritis (RA) are the most common types caused due to aging, physical injuries, genetic inheritance, and immune dysfunction. This increased prevalence of OA and RA necessitates the use of medical devices to replace the damaged or diseased joints which will lead to the expansion of the global digit joints implants market at a CAGR of almost 7% during the forecast period.
The growing popularity of biodegradable digit joint implants
Biodegradable digit joint implants are made of biodegradable polymers which degenerate over time and facilitate healing and regeneration of joint tissues. These implants promote regrowth of the bone and do not require revision surgery. Vendors are further incorporating improved features to enhance their medical applications. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global digit joint implants market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digit joint implants manufacturers, that include Integra LifeSciences Corp., Johnson & Johnson Services Inc., Stryker Corp., Wright Medical Group NV, Zimmer Biomet Holdings Inc.
Also, the digit joint implants market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Digit joint implants are medical devices used to replace the damaged or diseased bone and joints of body parts. The digit joint implants market analysis considers sales from MCP and PIP joint implants, Trapeziometacarpal joint implants, Toe implants, Others. Our analysis also considers the sales of digit joint implants in Asia, Europe, North America, and ROW. In 2018, the MCP and PIP joint implants segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as the rising incidence of osteoarthritis and rheumatoid arthritis and the easy performance of revision procedures with these implants will play a significant role in the MCP and PIP joint implants segment to maintain its market position. Also, our global digit joint implants market report looks at factors such as the increasing prevalence of osteoarthritis and rheumatoid arthritis with rising in geriatric population, a growing number of hand and foot injuries, rising initiatives and awareness on digit joint plants. However, uncertainties like complications associated with the use of digit joint implants, alternatives to digit joint plants, and the presence of stringent regulations may hamper the growth of the digit joint implants over the forecast period.
Global Digit Joint Implants Market: Overview
Increasing prevalence of osteoarthritis and rheumatoid arthritis with rising in geriatric population
Arthritis is the inflammation of joints that affects the connective tissues surrounding the joints. Osteoarthritis (OA) and rheumatoid arthritis (RA) are the most common types caused due to aging, physical injuries, genetic inheritance, and immune dysfunction. This increased prevalence of OA and RA necessitates the use of medical devices to replace the damaged or diseased joints which will lead to the expansion of the global digit joints implants market at a CAGR of almost 7% during the forecast period.
The growing popularity of biodegradable digit joint implants
Biodegradable digit joint implants are made of biodegradable polymers which degenerate over time and facilitate healing and regeneration of joint tissues. These implants promote regrowth of the bone and do not require revision surgery. Vendors are further incorporating improved features to enhance their medical applications. This development is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global digit joint implants market is fragmented. This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digit joint implants manufacturers, that include Integra LifeSciences Corp., Johnson & Johnson Services Inc., Stryker Corp., Wright Medical Group NV, Zimmer Biomet Holdings Inc.
Also, the digit joint implants market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Note: Product cover images may vary from those shown
PART 01: EXECUTIVE SUMMARYPART 08: CUSTOMER LANDSCAPEPART 10: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 07: MARKET SEGMENTATION BY TYPE
PART 09: GEOGRAPHIC LANDSCAPE
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
List of Exhibits:
Note: Product cover images may vary from those shown
The following companies are recognised as the key players in the global digit joint implants market: Integra LifeSciences Corp., Johnson & Johnson Services Inc., Stryker Corp., Wright Medical Group NV, Zimmer Biomet Holdings Inc.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is growing popularity of biodegradable digit joint implants.”
According to the report, one of the major drivers for this market is increasing the prevalence of osteoarthritis and rheumatoid arthritis with rising in geriatric population
Further, the report states that one of the major factors hindering the growth of this market is the complications associated with the use of digit joint implants.
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.
Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is growing popularity of biodegradable digit joint implants.”
According to the report, one of the major drivers for this market is increasing the prevalence of osteoarthritis and rheumatoid arthritis with rising in geriatric population
Further, the report states that one of the major factors hindering the growth of this market is the complications associated with the use of digit joint implants.
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
A selection of companies mentioned in this report includes:
- Integra LifeSciences Corp.
- Johnson & Johnson Services Inc.
- Stryker Corp.
- Wright Medical Group NV
- Zimmer Biomet Holdings Inc.
Note: Product cover images may vary from those shown
