Our latest research report entitled Orthopedic Digit Implants Market (by product type (metacarpel, metatarsal joint implants, hemi phalangeal implants, scaphoid bone implants and toe intramedullary implants), end-user (hospitals and specialty orthopedic clinics), material (nitinol, silicon pyrocarbon, titanium and others)) provides complete and deep insights into the market dynamics and growth of orthopedic digit implants. Latest information on market risks, industry chain structure orthopedic digit implants cost structure and opportunities are offered in this report. The past, present and forecast market information will lead to investment feasibility by studying the essential orthopedic digit implants growth factors. According to the report the global orthopedic digit implants market is projected to grow at a CAGR of 7.3% over the forecast period of 2018-2024.
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Orthopedic digit implants is a medical instrument designed for the replacing damaged joint and bone such as knee, fingers, toes, elbow, and ankle. Orthopedic digit implants are fabricated using materials such as stainless steel and titanium alloys, Nitinol, cobalt-chromium and plastic coating that performs functioning of artificial cartilage. Metatarsal joint implants (lower extremity), Metacarpel joint implants (upper extremity), Scaphoid bone implants, Toe intramedullary implants and Hemi phalangeal implants are used in orthopedic digit implants.
High Adoption of 3D Printing Technology in Orthopedics are Also Contributing to the Growth of the Global Orthopedic Digit Implants Market
An autoimmune disorder such as Rheumatoid arthritis (RA) is an autoimmune disease that causes joint pain and damage throughout your body. Rheumatoid arthritis is a chronic progressive inflammatory disease of the synovial joint. This disorder is generally found in the patients aging between the ranges of 40 to years. With increasing aging population across the globe there is a possibility of people getting affected with this disease, which in turn is beneficial for the orthopedic digit implant products.
Rising demand for minimally invasive surgeries for treatment of Orthopedic Diseases and high adoption of 3D printing technology in orthopedics are also contributing to the growth of the global orthopedic digit implants market. However, strict rule related to approval of procedures, post-surgery infection, and implant dislocation are some of the factors that may restrain the growth of the market. Moreover, Growth and technological advances in the orthopedic digit implant opening doorways of opportunity for market over the forecast period.
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North America Dominates the Orthopedic Digit Implants Market
Geographically, North America dominates the orthopedic digit implants market in the year 2017. The factors responsible for the growth of the market are the adoption of orthopedic digit implants devices along with developed healthcare infrastructure facilities. Moreover, high expenditures on healthcare and improved reimbursement policies are the factors augmenting the market growth. In addition, with rising geriatric population suffering through bone injuries along with rising road accident and sports injury is driving the market in the North America region.
Segments in the Orthopedic Digit Implants Industry
The report on global orthopedic digit implants market covers segments such as product type, end-user, and material. On the basis of product type the global orthopedic digit implants market is categorized into metacarpal joint implants (upper extremity), metatarsal joint implants (lower extremity), hemi phalangeal implants, scaphoid bone implants and toe intramedullary implants. On the basis of end-user the global orthopedic digit implants market is categorized into hospitals and specialty orthopedic clinics. On the basis of material the global orthopedic digit implants market is categorized into nitinol, silicon pyrocarbon, titanium, and others.
Key Players in the Orthopedic Digit Implants Industry
The report provides profiles of the companies in the global orthopedic digit implants market such as Integra LifeSciences Corporation, Merete Medical, DePuy Orthopaedics, Inc, Stryker Corporation, Wright Medical Group N.V., VILEX IN TENNESSEE, INC. and TEIJIN NAKASHIMA MEDICAL CO., LTD.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/healthcare-medical-devices/global-orthopedic-digit-implants-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the orthopedic digit implants.
- Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2024.
- Comprehensive analysis of the companies operating in this market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
- Infinium Global Research– Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.