As more mature orthopedic markets begin to slow due to a variety of challenges in the US health care system, the strong growth potential of the orthopedic extremity device market represents an area of focus for many orthopedic manufacturers.
This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for orthopedic extremity devices in the US, with market projections 10 years into the future.
The expanding orthopedic extremity device market has created an atmosphere ripe for merger and acquisition activity as orthopedic companies continue to look for high-growth markets to penetrate.
Anatomic plates and all-suture anchors are examples of products that have seen rapid adoption in the trauma device and sports medicine/soft tissue repair markets, respectively.
The biologics market continues to be the least-developed market in the orthopedic extremity device space, with the proportion of procedures that use these products continuing to remain low relative to other anatomic applications, such as the spine.
Geographies Covered: US
Procedures Covered: Millennium Research Group's analysis uses the following breakdown of procedures: