Osteoarthritis and Osteoporosis Benefits Small Bone and Joint Orthopedic Devices Market


Posted December 10, 2015 by Vikash123

The global small bone and joint orthopedic devices market was valued at US$4.1 bn in 2014 and is anticipated to expand at a CAGR of 8.1% from 2015 to 2023 to reach US$8.2 bn in 2023.

 
The global small bone and joint orthopedic devices market was valued at US$4.1 bn in 2014. With the rising prevalence of degenerative diseases such as osteoarthritis and osteoporosis, the said market is slated to develop at a CAGR of 8.10% from 2015 to 2023 to reach a valuation of US$8.2 bn by 2023.
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Mobile and Wireless Communications are the Way to Go
There are four critical equipment in the global nurse call systems market: integrated communication systems, mobiles systems, intercoms, and call buttons. Of these, the nurse call integrated communication systems segment is the largest one in the 2013 global nurse call systems market, according to equipment. The curse call mobile systems, however, are the ones that show the fastest growth of all, and are expected to keep driving the market till 2020.
The communication technology used in the global nurse call systems market is either wired or wireless. The largest market share was held by wired communication systems in 2013. The market is currently phasing in to the wireless communication systems due to a growing requirement for increasing flexibility and mobility. Other segments that holds great promise is the OPD and assisted living centers. These segments are driven by the increasing need for effective healthcare communication systems in the acute care department. As ensuring patient safety and timely medical support becomes a greater need, the global nurse call systems market sees growth.
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Fracture Fixation and Replacement Systems Lead Global Market

The small bone and joint orthopedic devices market is segmented on the basis of device type, application, and geography. By device type, fracture fixation and replacement systems, external fixation devices, plates and screws, and joint prosthetics are the segments of the market. Amongst all, the segment of fracture fixation and replacement systems held the largest market share in 2014. Furthermore, the segment will expand at a CAGR of 8.0% from 2015 to 2023 to be valued at US$3.2 bn by 2023, increasing from US$1.6 bn in 2014. The segment of external fixation devices will be the fastest growing segment and will expand at a CAGR of 8.20% from 2015 to 2023.

On the basis of application, foot (including toe, ankle, and lower extremities), shoulder, and hand (including wrist, thumb, and elbow) are the segments of the small bone and joint orthopedic devices market. Of these, it is the foot segment that will be the fastest growing segment and will expand at a CAGR of 8.30% from 2015 to 2023.

In the global market for small bone and joint orthopedic devices, Acumed LLC, DJO Global, DePuy Synthes, Stryker Corporation, Wright Medical Group N.V., Z-Medical GmbH + Co. KG, Arthrex Inc., Flower Orthopedics, Smith & Nephew plc. Tecomet Inc., and Zimmer Biomet Holdings Inc. are companies that have a significant presence in this market. In 2014, the global small bone and joint orthopedic devices market was dominated by DePuy Synthes, Stryker Corporation, Wright Medical Group N.V., Zimmer Biomet, and Smith & Nephew.

Browse Full Global Small Bone and Joint Orthopedic Devices Market Research Report With Complete TOC @ http://www.transparencymarketresearch.com/small-bone-joint-orthopedic-devices.html
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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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Issued By Transparency Market Research
Country United States
Categories Health
Tags small bone and joint orthopedic devices market
Last Updated December 10, 2015