NEW YORK, Aug. 30, 2021 /PRNewswire/ -- A new market research report on the global extremities market has been released by Technavio. The market is expected to grow by USD 3.24 billion, progressing at a CAGR of over 8% during 2021-2025. The report presents detailed information on the upcoming trends, challenges, and uncovers successful business strategies adopted by vendors during the crisis.
Discover market potential and make informed business decisions based on qualitative and quantitative evidence highlighted in our report
Download a Free Sample Report
Extremities Market Report: Major Facts
Released: Aug 2021
Forecast years: 2021-2025
No. of Exhibits: 101
Companies covered: 25+ companies including dominant players such as Arthrex Inc. (US), CONMED Corp. (US), Exactech Inc. (US), Integra LifeSciences Holdings Corp. (US), Johnson and Johnson Inc. (US).
Coverage: Anatomy segment and geographical landscape.
Segmentation by Anatomy: Based on the anatomy, the market is segmented by upper extremities and lower extremities. The upper extremities segment generated maximum revenue in the market in 2020. The growth of the segment can be attributed to the increasing number of work-related injuries and road accidents. Also, the increasing incidence of sports injuries will contribute to the growth of the market during the forecast period.
Segmentation by Geography: The extremities market size is analyzed across APAC, Europe, North America, South America, and MEA. North America is currently the largest market for extremities and the region is expected to retain its position over the forecast period. The extremities market in North America is mainly driven by the presence of favorable reimbursement programs such as the Comprehensive Care for Joint Replacement (CJR) Model, the Surgical Hip and Femur Fracture Treatment (SHFFT) Model, and the Merit-based Incentive Payment System (MIPS) in the region. The US and Canada are the key markets for extremities in North America.
Major Growth Driver:
The global extremities market is driven by technological innovations. Vendors operating in the extremities market are offering technologically advanced products that can benefit both patients and healthcare professionals. For instance, the adoption of 3D printing is helping healthcare professionals and increasing the efficiency of medical procedures. Similarly, the incorporation of robotics is reducing the time required for surgeries. These technologies also help surgeons to customize implants according to patient's anatomy. Such technological advances are increasing the adoption of extremities products among end-users, thereby driving the market growth.
Gain access to a detailed customer landscape matrix comparing key industry-driven parameters by requesting a free sample: www.technavio.com/talk-to-us?report=IRTNTR45790
Related Reports on Healthcare:
Global Orthobiologics Market – Global orthobiologics market is segmented by product (bone graft substitutes, viscosupplementation, and stem cells) and geography (North America, Europe, Asia, and ROW).
Download Exclusive Free Sample Report
Global Fracture Fixation Products Market – Global fracture fixation products market is segmented by product (internal fixation products and external fixation products), and application (lower extremities and upper extremities), geography (North America, Europe, Asia, and ROW).
Download Exclusive Free Sample Report
Table of contents:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2020
- Market outlook: Forecast for 2020 - 2025
Five Forces Analysis
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Anatomy
- Market segments
- Comparison by Anatomy
- Upper extremities - Market size and forecast 2020-2025
- Lower extremities - Market size and forecast 2020-2025
- Market opportunity by Anatomy
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- Asia - Market size and forecast 2020-2025
- ROW - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Arthrex Inc.
- CONMED Corp.
- Exactech Inc.
- Integra LifeSciences Holdings Corp.
- Johnson and Johnson Inc.
- RTI Surgical Inc.
- Smith and Nephew plc
- Stryker Corp.
- Wright Medical Group NV
- Zimmer Biomet Holdings Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
Technavio's library includes over 17,000+ reports covering more than 2,000 emerging technologies.
Register Now to Start Your 14-Day Free Trial
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contacts
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com
Report: www.technavio.com/report/extremities-market-industry-analysis
Newsroom: https://newsroom.technavio.com/news/extremities-market
SOURCE Technavio
Related Links
http://www.technavio.com