iData Research thoroughly covers the orthopedic device market, providing in-depth analysis of the trends that are shaping the industry, updates on new and emerging technology, and much more. We not only provide a comprehensive orthopedic industry overview, but we also delve deep into sub-categories such as the extremities market, joint reconstruction market, arthroplasty market and many others.
Companies of all sizes have turned to iData for more than a decade as they look for the information that will help them take the action necessary to help ensure continued profitability.
Industry Trends In the United States, hyaluronic acid (HA) viscosupplementation is approved only for osteoarthritis of the knee. However, many surgeons also use the injections off-label in indications such as ankle, shoulder and elbow. If market players were to acquire approval in other joints, it would greatly expand the hyaluronic acid market. Continuous growth in
The full report suite on the U.S. market for arthroscopic devices includes arthroscopes, disposable cannulas, hand instruments, fluid management disposables, shaver blades, radiofrequency (RF) probes, drill guide systems and disposables and suture passers. Power instruments are covered in an appendix.
Radiofrequency (RF) probes use a form of electrothermal energy to cut, ablate and shrink damaged tissue. By these means, disruption and blood loss of the surrounding tissue is reduced compared to physical cutting. Because RF technology operates at a lower temperature than other comparable methods, the surrounding healthy tissue is less likely to be damaged.
Industry Trends One of the major drivers of the trauma devices market is the consistent influx of newer technologies. For example, within the largest segment of this market, plates and screws, the market growth is supported by the introduction of newer materials (i.e. titanium), hybrid systems and anatomical plates. In addition, intramedullary (IM) nails are
Industry Trends The global minimally invasive spine surgery market (MIS) is considered by many to be the most exciting and controversial segment of the orthopedics industry. This market has traditionally been a segment of the orthopedics market but, due to rapid growth and a large market size, many manufacturers view spine as a key business
Industry Trends Despite many challenges, growth is expected in many market segments, as the patient demographics in the U.S. maintain a steady demand for such procedures. Growth has slowed in the last few years as newer, minimally invasive innovations gradually cannibalized the traditional spine market. The VCF segment will be the fastest growing in the
Overall, the U.S. minimally invasive spinal implants market was valued at $1.8 billion in 2018. This is expected to increase over the forecast period at a CAGR of 3.3% to reach $2.26 billion by 2025. One of the key drivers for the MIS spinal device market is the increase in the target population, which is
Overall, the United States spinal implants market was valued at $6.05 billion in 2018. This is expected to increase over the forecast period at a CAGR of 1.0% to reach $6.5 billion in 2025. Despite many challenges, growth is expected in many market segments, as the patient demographics in the U.S. maintain a steady demand
Industry Trends Foot and ankle medical devices are used to treat a variety of indications, including hallux rigidus, arthritis, Lisfranc fractures and pes planus (flatfeet) to name a few. The devices included in this study are those for the ankle joint, hindfoot, midfoot and forefoot and toe digits. Ankle devices, which include total ankle replacements,
Industry Trends The overall small bone and joint market is anticipated to grow moderately over the forecast period. The maturity of the orthopedic hip and knee device markets has prompted investment and growth within the extremity markets. The extremity markets are relatively young and the dominance of arthroplasty over fusion has yet to become standard fare.
The full report suite on the U.S. market for small bone and joint orthopedic devices includes shoulder reconstruction devices, elbow repair devices, hand & wrist devices and foot & ankle devices. This report also includes plate & screw devices, staple fixation devices and external fixation devices markets.
The U.S. trauma device market was valued at $3.6 billion in 2018. This is expected to increase over the forecast period at a CAGR of 3.5% to reach over $4.5 billion. One of the major drivers of this market is the consistent influx of newer technologies. For example, within the largest segment of this market,
Industry Trends The shift from open cavity procedures to minimally invasive procedures has already occurred within the United States, Australia and Europe. For hospitals to attract top talent, they must be equipped with the latest in high-tech equipment and facilities in order to increase efficiency for the surgeon. Incorporating surgical navigation and robotic systems into
The total US orthobiologics market is growing at a rate of 4.9%, which will take the 2018 market value of $3.6 billion up to $5 billion by 2025. A particular trend in the U.S. orthobiologics market is competitors that are seeking to penetrate high growth segments outside their traditional space by distributing existing products manufactured
Industry Trends Overall, the sports medicine market is projected to experience modest growth over the forecast period, largely limited by the longer durations of some of the procedures. Although arthroscopy offers many benefits when compared to open or mini-open surgeries, the operating time for arthroscopy is much longer. This limiting factor can be solved by
Overall, the U.S. surgical robotics market was valued at $X billion in 2018. This is expected to increase over the forecast period to reach $X billion in 2025. On the other hand, the surgical navigation market was valued at $X million in 2018. This value is projected to increase over the forecast period at a