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.
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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
Industry Trends The long-term growth of the market will be strongly driven by the increasing demand for revision surgeries. The revision knee implant segment is the fastest growing of the overall knee replacement device market. The growth rate will continue to increase, which can be attributed to the rise in younger knee implant patients. Since
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 Cost-cutting measures at hospitals and surgery centers continue to drive down the ASPs of the hip replacement market. The long-term market growth will be primarily driven by patient demographics, characterized by an ever-growing aging population and an increasing number of younger patients. Considering the mature nature of the hip arthroplasty market, the development
The orthopedic segment of the IGS market has the greatest overall potential because of the sheer number of procedures performed due to the population growth, a growing elderly population, and increasing obesity rates in India. Over the forecast period, the use of orthopedic IGS systems is set to make inroads into sport orthopedics, expanding to include more shoulder and knee procedures.
The use of IGS has not become standard of care in spinal surgeries. Navigation systems require a reference point and due to excessive movement of skin surrounding the spinal column, the rigid spinal anatomy itself is usually used as the frame of reference. One of the main limiters to IGS is the preparation time necessary prior to the surgery.
Surgical robotics has tremendous potential to increase the effectiveness of existing procedures and to facilitate novel procedure types. The surgical robotics industry is, in many ways, still in its infancy, with more products in development than currently commercially available on the market. Most new surgical robotic systems are designed for highly specialized medical applications, which is a major draw-back for most facilities. The types of surgical robotic assisted systems covered in this section are: minimally invasive surgery robotic systems, orthopedic robotic systems, neurosurgery robotic systems, spinal robotic systems, and radiosurgery robotic systems.
The elbow joint reconstruction market has not had the same degree of growth that the shoulder market has experienced since 2005. Future growth appears to be focusing on radial head implants for the treatment of fractures due to falling on outstretched hands, which are the most common type of fractures. Devices described in this report include:
Total Elbow Joint Replacements
Radial Head Implants
Surgical options for treating the foot and ankle are also very diverse. The foot and ankle segment is an important area of the small joint market due to the emergence of foot plating options. The foot and ankle market is segmented into the following:
Total Ankle Replacements
Forefoot and Midfoot Fusion
There is a greater variety of treatments available for hand and wrist conditions compared to larger anatomical areas of the body. The distinction between traumatic devices and reconstructive devices are a bit obscured, as there is overlap in indications. This is especially true for anatomies that are distal to the wrist joints. In particular, the distal radius plate market, which is almost solely used for traumatic fracture treatment, is also used for reconstruction of the hand and wrist. The hand and wrist market is segmented into the following devices:
Total Wrist Joint Replacements
Distal Radius Plates
Distal Radioulnar Joint Implants
Shoulder devices are considered a small joint in this report. However, they are sometimes classified as large joints because they are often marketed in a similar manner to hip and knee implants, but have historically exhibited market revenue growth rate similar to devices for the distal extremities.
Shoulder reconstruction devices discussed in this report include:
Total Joint Replacements
Partial and Fracture-Type Implants
Shoulder Implant Revisions