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Global Small Joint Reconstructive Implants Market

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 Global Small Joint Reconstructive Implants Market

The global small joint reconstructive implants market was valued

at USD 7,743.2 million in 2018, which will grow at a CAGR of 5.1%
during the forecast period. Different implants such as hand and
wrist implants, and foot and ankle implants majorly contribute to
the small joint reconstructive implants market size. Increasing
geriatric population, increasing prevalence of orthopaedic
conditions, increasing demand for minimally invasive surgeries,
technological advancements in surgical imaging and robotic-
assisted surgeries are propelling the growth of the market.

On the basis of Type, the global small joint reconstructive implants market is categorized into foot and ankle, hand and
wrist, and staple fixation. The largest share in the market is held by the hand and wrist category primarily due to the
increasing number of sports injuries and the advancements in the technology leading to the easy operability for hands and
wrist.

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 Global Small Joint Reconstructive Implants Market

Global small joint reconstructive implants market has been driven by several key factors, predominantly due
to the increasing prevalence of orthopaedic conditions, and increasing demand for minimally invasive
surgeries. Orthopaedic conditions such as arthritis, osteoporosis, and bone degenerative diseases are on rise
which creates demand for the small joint reconstructive implants. According to the WHO, Osteoarthritis is
already one of the ten most disabling diseases in developed countries. Worldwide estimates are that 9.6% of
men and 18.0% of women aged over 60 years have symptomatic osteoarthritis.

Also, the older generation is more prevalent to orthopaedic conditions; therefore an increase in number of
geriatric population also leads to the growth in the market. For instance, according to WHO, globally in 2010
approximately 524 million people were aged 65 years and older, and is expected to reach 1.5 billion in 2050.
Moreover, technological advancements in surgical imaging and robotic-assisted surgeries across the globe are
propelling the demand for small joint reconstructive implants.
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 Global Small Joint Reconstructive Implants Market

Geographically, North America is the largest small joint reconstructive implants market due to the
technological advancements and increasing prevalence of orthopaedic conditions. According to the CDC,
from 2013–2015, an estimated 54.4 million US adults (22.7%) annually had ever been told by a doctor that
they had some form of arthritis, rheumatoid arthritis, gout, lupus, or fibromyalgia. Also, the region is home to
a large number of industry players and also has the highest healthcare expenditure globally.
Asia-Pacific is observed to witness the fastest growth in the market. As the region comprises of largest
population prevalent with orthopaedic conditions and the number of ASCs in the region are on rise.

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 Global Small Joint Reconstructive Implants Market

Some of the key players operating in the global small joint reconstructive implants market are Stryker
Corporation, DePuy Synthes Companies, DJO Global Inc. Zimmer Biomet Holdings Inc., Orthofix Medical Inc.,
Smith & Nephew plc, Wright Medical Group N.V., Arthrex Inc., Integra LifeSciences Holdings Corporation,
Exactech Inc., and Acumed LLC.

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