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Digit Joint Implants - Global Market Outlook (2018-2027)

Digit Joint Implants - Global Market Outlook (2018-2027)

Published: September 2019 ID: SMRC18613
Published: September 2019 ID: SMRC18613

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Digit Joint Implants market is growing at a CAGR of 9% during the forecast period. Some of the key factors such as usage of these implants to treat metaphyseal and periarticular fractures of joints, increasing initiatives & awareness on these plants and usage of biodegradable implants made from biodegradable polymers that can facilitate healing and regeneration of joint tissues are driving the market growth. However, uncertainties like complications associated with the use of these implants and the presence of stringent regulations act as the restraining factors for market growth.

Digit joint implants are medical devices used to replace the damaged or diseased bone and joints of body parts or to replace a missing biological structure, or enhance an existing biological structure. They are man-made devices, which is a transplanted biomedical tissue. In some cases, implants contain electronics e.g. artificial pacemaker. The surface of implants that contact the body may be made of biomedical materials such as titanium or silicone depending on the one which is the more functional.

By product, metacarpophalangeal (MCP) and proximal interphalangeal (PIP) joint implants segment are going to have a lucrative growth during the forecast period. Increasing recommendation to osteoarthritis and rheumatoid arthritis patients to opt for these implants, rising incidence of osteoarthritis and rheumatoid arthritis, and the easy performance of revision procedures with these implants are expected to boost the growth of the market segment during the forthcoming years.

By geography, North America is going to have a lucrative growth during the forecast period due to the factors such as the presence of well-equipped and established healthcare infrastructure, availability of highly skilled professionals, availability of extensive healthcare insurance coverage, and high popularity of minimally invasive surgery in the US are contributing to market growth in this region.
 
Some of the key players in Digit Joint Implants market include Beznoska, Tornier, Groupe Lpine, Arthro Surface, Osteomed, Skeletal Dynamics, KeriMedical, in2bones, Wright Medical Technology, MatOrtho, and Evolutis.

Products Covered:
• Toe Implants
• Trapeziometacarpal Joint Implants
• Metatarsophalangeal Joint Implant
• Metacarpophalangeal(MCP) and Proximal Interphalangeal(PIP) Joint Implants
• Interphalangeal Hand Joint Implant
• Other Products

Types Covered:
• Hand
• Foot

Applications Covered:
• Clinic 
• Medical Center
• Hospital   
• Other Applications
 
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand     
o South Korea      
o Rest of Asia Pacific   
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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