Extremity Products Market Analysis

  • Report ID: 5476
  • Published Date: Jan 03, 2024
  • Report Format: PDF, PPT

Extremity Products Market Analysis

Type (Upper Extremities, Lower Extremities)

The upper extremities segment in the extremity products market is estimated to gain a robust revenue share of 60% in the coming years owing to the growing burden of thromboembolism. When a blood clot separates and plugs another blood vessel, it might cause thromboembolism which represents a significant cause of morbidity for those wearing prosthetic heart valves. Moreover, it is a common pathology that underlies ischemic heart disease, and ischemic stroke which is usually caused by anatomic abnormalities in the venous architecture, reduced blood flow, elevated venous pressure, and increased blood viscosity.

The most frequent cause of acute upper extremity ischemia is thromboembolism which has been linked to the increased usage of cardiac pacemakers, defibrillators, and central venous catheters. Deep vein thrombosis in the upper extremities, can make up as much as one-third of all thromboses when there is physical exertion that can happen to young, healthy people as well as older patients with severe comorbidities. Furthermore, patients with upper extremity deep vein thrombosis typically exhibit upper extremity pain along with edematous swelling of the afflicted arm whereby repeated arm exercises, as well as arm motions, have been identified as the condition's risk factors. For instance, there are more than 1,210,000 instances of venous thrombosis (VTE) in the United States per year.

Material (Metallic, Ceramic, Natural, Polymeric)

Extremity products market from the metallic segment is set to garner a notable share shortly. Metallic implants are frequently chosen as load-bearing components in orthopedic prostheses such as for joint replacement as they are better than conventional ceramic and polymeric orthopedic biomaterials. Metallic implants are becoming more and more significant as they are available in three types stainless steel, CoCr alloys, and Ti and Ti alloys which are considered a great option for complete joint replacement because of their many qualities, including high strength, high fracture toughness, and biocompatibility.

Our in-depth analysis of the global market includes the following segments:

Type

  • Upper Extremities
  • Lower Extremities

End-User

  • Hospitals
  • Clinics
  • ASCs

Material

  • Metallic
  • Ceramic
  • Natural
  • Polymeric

Browse Key Market Insights with Data Illustration:


Author Credits:  Radhika Gupta, Shivam Bhutani


  • Report ID: 5476
  • Published Date: Jan 03, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing incidence of arthritis across the globe and the growing technological advancements in orthopedic implant technology are the major factors driving the growth of the market.

The market size of Extremity Products is anticipated to attain a CAGR of 7% over the forecast period, i.e., 2024-2036.

The major players in the market are Acumed LLC, Owens and Minor Inc., Skeletal Dynamics LLC, Smith and Nephew plc, TriMed Inc., Waldemar Link GmbH and Co. KG, Wright Medical Group NV, Zimmer Biomet Holdings Inc., Arthrex Inc., Stryker Corp., and others.

The upper extremities segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in the North American region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
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