Global Small Bone and Joint Orthopedic Devices Market Size, Share, Forecast Report, 2020-2027

The global Small Bone and Joint Orthopedic Devices market garnered revenue around USD 5,575.8 million in 2019 and projected to reach USD 9,715.7 million in 2027, with at a compound annual growth rate (CAGR) 6.4% throughout the estimate period from 2020 to 2027.

Orthopedic devices are implants used to restore skeletal structure and joint movement after fracture, abnormal growth of bones, soft tissue damage, or other deformities. These devices can be surgically implanted or externally attached through minimally invasive procedures and can be classified into internal and external fixation devices.

These devices are used in fractures, trauma, and to correct bone deformities. Under certain circumstances, a joint or a part of it needs to be replaced for proper functioning. These orthopedic devices are known as joint implants. Joint implants are generally used to treat deformities in long and small bone and joints. Implants such as femoral head, humeral head, reverse shoulder prosthesis, prosthesis, and others assist in restoring proper joint movement.

Extremities orthopedic devices are made of alloys of titanium, stainless steel, polyether ether ketone (PEEK), and polymeric synthetic resorbable materials. Some companies have stopped the manufacture of metal-on-metal implants due to serious injuries and adverse reactions.

This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.

The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Small Bone and Joint Orthopedic Devices market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Small Bone and Joint Orthopedic Devices market growth.

The global Small Bone and Joint Orthopedic Devices market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.

Major manufacturers analysed under this study comprises:

ey players in the global market include Acumed LLC, Arthrex, Inc., Depuy Synthes, DJO Global, Smith & Nephew plc, Stryker Corporation, Tecomet, Inc., Wright Medical Group N.V., Z-Medical GmbH + Co. KG, and Zimmer Biomet Holdings, Inc., among others

This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:

• Global Small bone and joint orthopedic devices Market, by Product
  • Fracture Fixation and Replacement Systems
  • Plates and Screws
  • External Fixation Devices
  • Joint Prosthesis
• Global Small bone and joint orthopedic devices Market, by Application
  • Foot
  • Hand
  • Shoulder

Regional Analysis and Forecast

Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:

• North America
  • United States
  • Canada
• Europe
  • Germany
  • United Kingdom
  • Italy
  • France
  • Rest of EU
• Asia Pacific
  • China
  • India
  • Japan
  • Southeast Asia
  • Rest of APAC
• Central & South America
  • Brazil
  • Argentina
  • Rest of Central & South America
• Middle East and Africa
  • UAE
  • Saudi Arabia
  • Rest of MEA