Modular Anatomic Reconstruction Market: Adoption of Innovative Offerings to Boost Returns on Investment


Posted June 10, 2019 by coherent123

A reconstructive surgery refers to the surgery used for the restoration of the body parts in terms of structure and function.

 
A reconstructive surgery refers to the surgery used for the restoration of the body parts in terms of structure and function. Reconstructive surgeries are performed for correction of deformities (due to birth defects) and trauma. It is also used in chronic diseases like cancer patients in result of damage occurred to body parts. Anatomical reconstruction refers to restoration of anterior cruciate ligaments (ACL), and allows tightening and firming of knee, hip, foot and ankle, and hand and wrists. These kind of injuries are common in athletes and geriatric population.

Global Modular Anatomic Reconstruction Market Drivers

Strategies adopted by the key players related to the anatomic reconstruction is expected to accelerate the global modular anatomic reconstruction market growth. For instance, in September 2016, Stryker Corporation, a medical technology company acquired Ivy Sports Medicine LLC for the expansion of its product portfolio. Stryker Corporation included the only FDA – approved meniscus implants to its portfolio. These meniscus implants are biological and completely absorbable, complements in shoulder, ankle and knee (including ACL) reconstruction surgery.

Furthermore, in March 2019, Smith & Nephew, a medical device manufacturing company acquired a medical technology company for its orthopedic joint reconstruction business. It involves into its product portfolio the multi – asset digital surgery and robotic ecosystem related to anatomic reconstructive surgery. Hence, such strategies involved for adoption of expansion of product portfolio related to anatomic reconstruction surgery is expected to boost the global modular anatomic reconstruction market.

Global Modular Anatomic Reconstruction Market Regional Analysis

North America is expected to hold dominant position in the global modular nanatomic reconstruction market. Increase in incidences of cancer patients are expected to drive the North America’s modular anatomic reconstruction market growth. According to American Cancer Society, every year 800-900 people are diagnosed with osteosarcoma in U.S. These people may require anatomic reconstruction surgery as sometimes the treatment involves amputation. Hence, this factor is expected to support the global modular anatomic reconstruction market growth.

Global Modular Anatomic Reconstruction Market Restraints

Demerits of graft materials related to reconstructive surgery is expected to hamper the global modular anatomic reconstruction market growth. Certain disadvantages associated with autografts are pain in insertion site, permanent sensation loss, patella knee fracture, Q – muscle atrophy, violation of extensor mechanism and allografts include risk of infection, increased risk of transmitted diseases and low grade immune rejection. Hence, this factor may have an influence on the global modular anatomic reconstruction market growth.

Global Modular Anatomic Reconstruction Market Key Players

Some of the major players operating in the global modular anatomic reconstruction market include, Arthrex Inc., ArthroCare Corporation, Smith & Nephew plc, DePuy Synthes, Inc., Stryker Corporation, Medtronic, Zimmer Biomet, Japan Medical Dynamic Marketing , Tornier Inc. and CONMED Corporation.

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Global Modular Anatomic Reconstruction Market Taxonomy

The global modular anatomic reconstruction market is segmented on the basis of by product type, location, end user, and regions.

By Product Type

Implants
Graft Materials
Others

By Location

Hip
Knee
Shoulder
Elbow
Foot & Ankle
Hand & Wrists
Others

By End User

Hospitals
Surgical Centers / Ambulatory Surgical Centers
Orthopedic Hospitals

By Region

North America
Latin America
Europe
Asia Pacific
Middle East
Africa

About Coherent Market Insights

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.


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Issued By COHERENT
Country India
Categories Health
Tags modular anatomic reconstruction insights
Last Updated June 10, 2019