Research Nester assesses the growth and market size of the global extremity products market which is anticipated to be on account of the growing prevalence of orthopedic diseases and growing cases of obesity.
New York – December 19, 2023- Research Nester’s recent market research analysis on “Extremity Products Market: Global Demand Analysis & Opportunity Outlook 2036” delivers a detailed competitors analysis and a detailed overview of the global extremity products market in terms of market segmentation by type, material, end-user, and by region.
Growing Cases of Rash Driving to Promote Global Market Share of Extremity Products
The global extremity products market is estimated to grow majorly on account of the increasing cases of reckless and drunken driving across the globe which is the main cause of the rising number of traffic collisions. Road accidents are now a constant occurrence and are taking more and more human lives each year and can produce a variety of orthopedic injuries, including whiplash, fractures, dislocations, torn ligaments, and spinal cord injuries, which are among the most common causes of death and disability. According to data, more than 1 million lives are lost worldwide each year as a result of traffic accidents.
Some of the major growth
Growth Drivers:
• Surge in Senior Population Globally
• Rising Participation in Sports and Recreational Activities
Challenges:
The high cost of orthopedic surgeries and the strict regulations developed by the governments of nations worldwide are some of the major factors anticipated to hamper the global market size of extremity products. The total cost of the orthopedic operation for the patient has increased due to the high cost of orthopedic implants that have different functions than other medical devices.
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By type, the global extremity products market is segmented into upper extremities, and lower extremities. The upper extremities segment is to garner the highest revenue by the end of 2036 by growing at a significant CAGR over the forecast period. From the shoulder to the hands, both arms are part of the upper extremities that can be caused by arm edema, which is used to describe the edema of the hand or arm in the left or right hand that may lead to psychological morbidity, physical dysfunction, pain, and discomfort and can have a significant negative impact on quality of life. Moreover, arm edema can be brought on by irregular fluid movement, and is one of the major side effects of breast cancer treatment that may cause swelling in the tissue directly beneath the skin, mostly in the arms or legs. Additionally, the bodily region from the hip to the toes referred to as the lower extremities may be caused due to lower limb edema that frequently has a big effect and is brought on by a rise in interstitial fluid that surpasses the amount of lymphatic drainage.
By material, the global extremity products market is segmented into metallic, ceramic, natural, and polymeric. The metallic segment is to garner noteworthy revenue as they outperform traditional ceramic and polymeric biomaterials and come in three varieties stainless steel, CoCr alloys, and titanium and titanium alloys which are thought to be excellent options.
By region, the Asia Pacific extremity products market is to generate the highest revenue by the end of 2036. This growth is anticipated by the growing burden of orthopedic conditions in the region. In India, the impact and burden of osteoarthritis (OA) are significant and are expected to rise over the next several years driven by the growing aging population and changing lifestyles. For instance, as the most common joint illness, osteoarthritis (OA) is the second most common rheumatological issue, with a frequency of more than 25% in India. Particularly, knee osteoarthritis which is over 25% more common in India.
Additionally, China's aging population is expanding at one of the quickest rates in the world which is further anticipated to grow by more than 9 million on average year during the next ten years. For instance, over 300 million Chinese citizens will be 60 or older by 2035, making up around 29% of the country's total population. Moreover, the global population aging has altered the field of orthopedics, particularly in China which is witnessing a rise in the incidence of osteoporotic fractures.

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This report also provides the existing competitive scenario of some of the key players of the global Extremity Products market which includes company profiling of Acumed LLC, Owens and Minor Inc., Skeletal Dynamics LLC, Smith and Nephew plc, TriMed Inc., Waldemar Link GmbH and Co. KG, Wright Medical Group NV, Zimmer Biomet Holdings Inc., Arthrex Inc., Stryker Corp., and others.
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