Global Small Bone and Joint Orthopedic Devices Market, By Product Type (Shoulder Reconstruction Devices, Elbow Repair Devices, Fracture Fixation and Replacement Systems, Foot and Ankle, External Fixation Devices, Plate and Screws, Joint Prosthesis, and Others), By Application (Foot and Hand), By End User (Hospitals, Clinics, and ASCs), By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa): Global Opportunity Analysis and Industry Forecast, 2023-2030.
Global Small Bone and Joint Orthopedic Devices Market
The Global Small Bone and Joint Orthopedic Devices Market was valued at US$ 9.3 Bn in 2022, estimated to reach US$ 18.4 Bn by 2030, with a CAGR of 8.90% from 2023-2030.
The intersection of two or more bones is known as a joint. The location where bones come together facilitates movement between the bones, the bones of other joints being joined to one another by cartilage or connective tissue. Some joints, like those found between the plates of the skull, do not often move. Various devices, including shoulder reconstruction devices, elbow repair devices, foot and ankle, plate and screws, and other minor bone and joint devices are available on the market to help reconstruct the damaged body parts as a result of auto accidents that result in shoulder, foot, or ankle surgery.
Market Drivers
Degenerative diseases like osteoporosis and arthritis are becoming more common, reconstructive operations are being used more frequently, and car accidents are occurring more frequently. Additionally, it is projected that the growing elderly population and the rising number of diabetic foot reconstruction activities will drive market expansion.
Furthermore, degenerative diseases like osteoporosis and arthritis are becoming more common, reconstructive operations are being used more frequently, and car accidents are occurring more frequently. Additionally, it is projected that the growing elderly population and the rising number of diabetic foot reconstruction activities will drive market expansion.
Market Restraints
The high cost of complications and failure rates, the availability of pharmaceutical drugs, tissue engineering, and bone substitutes are anticipated to restrain the growth of the small bone and joint orthopedic devices market, whereas the various problems related to implant metal corrosion may present a barrier to that growth.
Market Segmentation
The scope of the Small Bone and Joint Orthopedic Devices Market covers segmentation based on Type, Application, and Region.
Based on Product Type, the market is segmented into Shoulder Reconstruction Devices, Elbow Repair Devices, Fracture Fixation and Replacement Systems, Foot and Ankle, External Fixation Devices, Plate and Screws, Joint Prostheses, and Others.
Based on Application, the market is classified into Foot and Hand.
Based on End User, the market is segmented into Hospitals, Clinics, and ASCs.
Regional Analysis
The Small Bone and Joint Orthopedic Devices Market is segmented into 5 main regions, namely North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
North America is anticipated to hold a significant market position in the worldwide small bone and joint orthopedic devices market, due to the rising prevalence of obesity. Around 15 million persons reported experiencing significant joint pain due to arthritis in 2015, according to the Centres for Disease Control and Prevention (CDC). In addition, by 2040, 78 million (26%) US persons over the age of 18 are expected to have arthritis that has been officially diagnosed by a doctor.
Additionally, a significant portion of the expansion of the regional market is being driven by rising healthcare spending, the ongoing introduction of technologically improved products, and the presence of well-established healthcare infrastructure.
Key Players
Johnson & Johnson Services Inc., Zimmer Biomet, Stryker, Smith + Nephew, CONMED Corporation, B. Braun Melsungen AG, Microport Scientific Corporation, Ossur, DJO, LLC, NuVasive, Inc., Wright Medical Group N.V.
Market Taxonomy
By Product Type
- Shoulder Reconstruction Devices
- Elbow Repair Devices
- Fracture Fixation and Replacement Systems
- Foot and Ankle
- External Fixation Devices
- Plate and Screws
- Joint Prosthesis
- Others
- Foot
- Hand
- Hospitals
- Clinics
- ASCs
- North America
- U.S.
- Canada
- Mexico
- Latin America
- Brazil
- Argentina
- Colombia
- Peru
- Chile
- Venezuela
- Rest of Latin America
- Europe
- Germany
- France
- UK
- Russia
- Italy
- Spain
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- New Zealand
- Singapore
- Malaysia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest Middle East & Africa
- What are the Key Opportunities in Global Bonsai Market?
- What will be the growth rate from 2023 to 2030?
- Which segment/region will have the highest growth?
- What are the factors that will impact/drive the Market?
- What is the competitive Landscape in the Industry?
- 1 Introduction
- 1.1 Objective of the Study
- 1.2 Market Definition
- 1.3 Market Scope
- 2 Research Methodology
- 2.1 Data Mining
- 2.2 Validation
- 2.3 Primary Interviews
- 2.4 List of Data Sources
- 3 Executive Summary
- 4 Global Small Bone and Joint Orthopedic Devices Market Outlook
- 4.1 Overview
- 4.2 Market Dynamics
- 4.2.1 Drivers
- 4.2.2 Restraints
- 4.2.3 Opportunities
- 4.2.4 Cumulative Impact due to recent Energy Crisis
- 4.2.5 Cumulative Impact due to nearing economic downturn.
- 4.2.6 Post covid-19 world Supply& Demand conditions
- 4.2.7 Cumulative Impact of Russia-Ukraine Conflict
- 4.3 Porters Five Force Model
- 4.4 Value Chain Analysis
- 5 Global Small Bone and Joint Orthopedic Devices Market, By Product Type
- 5.1 Y-o-Y Growth Comparison, By Product Type
- 5.2 Global Small Bone and Joint Orthopedic Devices Market Share Analysis, By Product Type
- 5.3 Global Small Bone and Joint Orthopedic Devices Market Size and Forecast, By Product Type
- 5.3.1 Shoulder Reconstruction Devices
- 5.3.2 Elbow Repair Devices
- 5.3.3 Fracture Fixation and Replacement Systems
- 5.3.4 Foot and Ankle
- 5.3.5 External Fixation Devices
- 5.3.6 Plate and Screws
- 5.3.7 Joint Prosthesis
- 5.3.8 Others
- 6 Global Small Bone and Joint Orthopedic Devices Market, By Application
- 6.1 Y-o-Y Growth Comparison, By Application
- 6.2 Global Small Bone and Joint Orthopedic Devices Market Share Analysis, By Application
- 6.3 Global Small Bone and Joint Orthopedic Devices Market Size and Forecast, By Application
- 6.3.1 Foot
- 6.3.2 Hand
- Surgical Instruments Market, By End User
- 7.1 Y-o-Y Growth Comparison, By End User
- 7.2 Global Small Bone and Joint Orthopedic Devices Market Share Analysis, By End User
- 7.3 Global Small Bone and Joint Orthopedic Devices Market Size and Forecast, By End User
- 7.3.1 Hospitals
- 7.3.2 Clinics
- 7.3.3 ASCs
- 8 Global Small Bone and Joint Orthopedic Devices Market, By Region
- 8.1 Global Small Bone and Joint Orthopedic Devices Market Share Analysis, By Region
- 8.2 Global Small Bone and Joint Orthopedic Devices Market Size and Forecast, By Region
- 8.3 Global Small Bone and Joint Orthopedic Devices Market Trends and Forecast, By Region
- 9 North America Small Bone and Joint Orthopedic Devices Market Analysis and Forecast (2023-2030)
- 9.1 Introduction
- 9.2 North America Small Bone and Joint Orthopedic Devices Market Share Analysis, By Product Type
- 9.3 North America Small Bone and Joint Orthopedic Devices Market Size and Forecast, By Application
- 9.4 North America Small Bone and Joint Orthopedic Devices Market Size and Forecast, By End User
- 9.5 North America Small Bone and Joint Orthopedic Devices Market Size and Forecast, By Country
- 9.5.1 U.S.
- 9.5.1.1 Market Size and Forecast, By Product Type
- 9.5.1.2 Market Size and Forecast, By Application
- 9.5.1.3 Market Size and Forecast, By End User
- 9.5.2 Canada
- 9.5.2.1 Market Size and Forecast, By Product Type
- 9.5.2.2 Market Size and Forecast, By Application
- 9.5.2.3 Market Size and Forecast, By End User
- 9.5.3 Mexico
- 9.5.3.1 Market Size and Forecast, By Product Type
- 9.5.3.2 Market Size and Forecast, By Application
- 9.5.3.3 Market Size and Forecast, By End User
- 10 Europe Small Bone and Joint Orthopedic Devices Market Analysis and Forecast (2023-2030)
- 10.1 Introduction
- 10.2 Europe Small Bone and Joint Orthopedic Devices Market Share Analysis, By Product Type
- 10.3 Europe Small Bone and Joint Orthopedic Devices Market Size and Forecast, By Application
- 10.4 Europe Small Bone and Joint Orthopedic Devices Market Size and Forecast, By End User
- 10.5 Europe Small Bone and Joint Orthopedic Devices Market Size and Forecast, By Country
- 10.5.1 Germany
- 10.5.1.1 Market Size and Forecast, By Product Type
- 10.5.1.2 Market Size and Forecast, By Application
- 10.5.1.3 Market Size and Forecast, By End User
- 10.5.2 France
- 10.5.2.1 Market Size and Forecast, By Product Type
- 10.5.2.2 Market Size and Forecast, By Application
- 10.5.2.3 Market Size and Forecast, By End User
- 10.5.3 UK
- 10.5.3.1 Market Size and Forecast, By Product Type
- 10.5.3.2 Market Size and Forecast, By Application
- 10.5.3.3 Market Size and Forecast, By End User
- 10.5.4. Russia
- 10.5.4.1 Market Size and Forecast, By Product Type
- 10.5.4.2 Market Size and Forecast, By Application
- 10.5.4.3 Market Size and Forecast, By End User
- 10.5.5. Italy
- 10.5.5.1 Market Size and Forecast, By Product Type
- 10.5.5.2 Market Size and Forecast, By Application
- 10.5.5.3 Market Size and Forecast, By End User
- 10.5.6 Spain
- 10.5.6.1 Market Size and Forecast, By Product Type
- 10.5.6.2 Market Size and Forecast, By Application
- 10.5.6.3 Market Size and Forecast, By End User
- 10.5.7 Rest of Europe
- 10.5.7.1 Market Size and Forecast, By Product Type
- 10.5.7.2 Market Size and Forecast, By Application
- 10.5.7.3 Market Size and Forecast, By End User
- 11 Asia Pacific Small Bone and Joint Orthopedic Devices Market Analysis and Forecast (2023-2030)
- 11.1 Introduction
- 11.2 Asia Pacific Small Bone and Joint Orthopedic Devices Market Share Analysis, By Product Type
- 11.3 Asia Pacific Small Bone and Joint Orthopedic Devices Market Size and Forecast, By Application
- 11.4 Asia Pacific Small Bone and Joint Orthopedic Devices Market Size and Forecast, By End User
- 11.5 Asia Pacific Small Bone and Joint Orthopedic Devices Market Size and Forecast, By Country
- 11.5.1 China
- 11.5.1.1 Market Size and Forecast, By Product Type
- 11.5.1.2 Market Size and Forecast, By Application
- 11.5.1.3 Market Size and Forecast, By End User
- 11.5.2 Japan
- 11.5.2.1 Market Size and Forecast, By Product Type
- 11.5.2.2 Market Size and Forecast, By Application
- 11.5.2.3 Market Size and Forecast, By End User
- 11.5.3 India
- 11.5.3.1 Market Size and Forecast, By Product Type
- 11.5.3.2 Market Size and Forecast, By Application
- 11.5.3.3 Market Size and Forecast, By End User
- 11.5.4. South Korea
- 11.5.4.1 Market Size and Forecast, By Product Type
- 11.5.4.2 Market Size and Forecast, By Application
- 11.5.4.3 Market Size and Forecast, By End User
- 11.5.5. Australia
- 11.5.5.1 Market Size and Forecast, By Product Type
- 11.5.5.2 Market Size and Forecast, By Application
- 11.5.5.3 Market Size and Forecast, By End User
- 11.5.6. New Zealand
- 11.5.6.1 Market Size and Forecast, By Product Type
- 11.5.6.2 Market Size and Forecast, By Application
- 11.5.6.3 Market Size and Forecast, By End User
- 11.5.7 Singapore
- 11.5.7.1 Market Size and Forecast, By Product Type
- 11.5.7.2 Market Size and Forecast, By Application
- 11.5.7.3 Market Size and Forecast, By End User
- 11.5.8. Malaysia
- 11.5.8.1 Market Size and Forecast, By Product Type
- 11.5.8.2 Market Size and Forecast, By Application
- 11.5.8.3 Market Size and Forecast, By End User
- 11.5.9 Rest of Asia
- 11.5.9.1 Market Size and Forecast, By Product Type
- 11.5.9.2 Market Size and Forecast, By Application
- 11.5.9.3 Market Size and Forecast, By End User
- 12 Latin America Small Bone and Joint Orthopedic Devices Market Analysis and Forecast (2023-2030)
- 12.1 Introduction
- 12.2 Latin America Small Bone and Joint Orthopedic Devices Market Share Analysis, By Product Type
- 12.3 Latin America Small Bone and Joint Orthopedic Devices Market Size and Forecast, By Application
- 12.4 Latin America Small Bone and Joint Orthopedic Devices Market Size and Forecast, By End User
- 12.5 Latin America Small Bone and Joint Orthopedic Devices Market Size and Forecast, By Country
- 12.5.1 Brazil
- 12.5.1.1 Market Size and Forecast, By Product Type
- 12.5.1.2 Market Size and Forecast, By Application
- 12.5.1.3 Market Size and Forecast, By End User
- 12.5.2 Argentina
- 12.5.2.1 Market Size and Forecast, By Product Type
- 12.5.2.2 Market Size and Forecast, By Application
- 12.5.2.3 Market Size and Forecast, By End User
- 12.5.3. Colombia
- 12.5.3.1 Market Size and Forecast, By Product Type
- 12.5.3.2 Market Size and Forecast, By Application
- 12.5.3.3 Market Size and Forecast, By End User
- 12.5.4. Peru
- 12.5.4.1 Market Size and Forecast, By Product Type
- 12.5.4.2 Market Size and Forecast, By Application
- 12.5.4.3 Market Size and Forecast, By End User
- 12.5.5 Chile
- 12.5.5.1 Market Size and Forecast, By Product Type
- 12.5.5.2 Market Size and Forecast, By Application
- 12.5.5.3 Market Size and Forecast, By End User
- 12.5.6 Venezuela
- 12.5.6.1 Market Size and Forecast, By Product Type
- 12.5.6.2 Market Size and Forecast, By Application
- 12.5.6.3 Market Size and Forecast, By End User
- 12.5.7 Rest of Latin America
- 12.5.7.1 Market Size and Forecast, By Product Type
- 12.5.7.2 Market Size and Forecast, By Application
- 12.5.7.3 Market Size and Forecast, By End User
- 13 Middle East Small Bone and Joint Orthopedic Devices Market Analysis and Forecast (2023-2030)
- 13.1 Introduction
- 13.2 Middle East Small Bone and Joint Orthopedic Devices Market Share Analysis, By Product Type
- 13.3 Middle East Small Bone and Joint Orthopedic Devices Market Size and Forecast, By Application
- 13.4 Middle East Small Bone and Joint Orthopedic Devices Market Size and Forecast, By End User
- 13.5 Middle East Small Bone and Joint Orthopedic Devices Market Size and Forecast, By Country
- 13.5.1 Saudi Arabia
- 13.5.1.1 Market Size and Forecast, By Product Type
- 13.5.1.2 Market Size and Forecast, By Application
- 13.5.1.3 Market Size and Forecast, By End User
- 13.5.2 UAE
- 13.5.2.1 Market Size and Forecast, By Product Type
- 13.5.2.2 Market Size and Forecast, By Application
- 13.5.2.3 Market Size and Forecast, By End User
- 13.5.3 Egypt
- 13.5.3.1 Market Size and Forecast, By Product Type
- 13.5.3.2 Market Size and Forecast, By Application
- 13.5.3.3 Market Size and Forecast, By End User
- 13.5.4 Kuwait
- 13.5.4.1 Market Size and Forecast, By End User
- 13.5.4.2 Market Size and Forecast, By Application
- 13.5.4.3 Market Size and Forecast, By End User
- 13.5.5 South Africa
- 13.5.5.1 Market Size and Forecast, By Product Type
- 13.5.5.2 Market Size and Forecast, By Application
- 13.5.5.3 Market Size and Forecast, By End User
- 13.5.5 Rest of Middle East & Africa
- 13.5.6.1 Market Size and Forecast, By Product Type
- 13.5.6.2 Market Size and Forecast, By Application
- 13.5.6.3 Market Size and Forecast, By Product Type-
- 14 Competitive Analysis
- 14.1 Competition Dashboard
- 14.2 Market share Analysis of Top Vendors
- 14.3 Key Development Strategies
- 15 Company Profiles
- 15.1 Johnson & Johnson Services Inc.
- 15.1.1 Overview
- 15.1.2 Offerings
- 15.1.3 Key Financials
- 15.1.4 Business Segment & Geographic Overview
- 15.1.5 Key Market Developments
- 15.1.6 Key Strategies
- 15.2 Zimmer Biomet
- 15.2.1 Overview
- 15.2.2 Offerings
- 15.2.3 Key Financials
- 15.2.4 Business Segment & Geographic Overview
- 15.2.5 Key Market Developments
- 15.2.6 Key Strategies
- 15.3 Smith + Nephew
- 15.3.1 Overview
- 15.3.2 Offerings
- 15.3.3 Key Financials
- 15.3.4 Business Segment & Geographic Overview
- 15.3.5 Key Market Developments
- 15.3.6 Key Strategies
- 15.4 CONMED Corporation
- 15.4.1 Overview
- 15.4.2 Offerings
- 15.4.3 Key Financials
- 15.4.4 Business Segment & Geographic Overview
- 15.4.5 Key Market Developments
- 15.4.6 Key Strategies
- 15.5 B. Braun Melsungen AG
- 15.5.1 Overview
- 15.5.2 Offerings
- 15.5.3 Key Financials
- 15.5.4 Business Segment & Geographic Overview
- 15.5.5 Key Market Developments
- 15.5.6 Key Strategies
- 15.6 Microport Scientific Corporation
- 1 Overview
- 15.6.2 Offerings
- 15.6.3 Key Financials
- 15.6.4 Business Segment & Geographic Overview
- 15.6.5 Key Market Developments
- 15.6.6 Key Strategies
- 15.7 Ossur
- 15.7.1 Overview
- 15.7.2 Offerings
- 15.7.3 Key Financials
- 15.7.4 Business Segment & Geographic Overview
- 15.7.5 Key Market Developments
- 15.7.6 Key Strategies
- 15.8 DJO, LLC
- 15.8.1 Overview
- 15.8.2 Offerings
- 15.8.3 Key Financials
- 15.8.4 Business Segment & Geographic Overview
- 15.8.5 Key Market Developments
- 15.8.6 Key Strategies
- 15.9 NuVasive
- 15.9.1 Overview
- 15.9.2 Offerings
- 15.9.3 Key Financials
- 15.9.4 Business Segment & Geographic Overview
- 15.9.5 Key Market Developments
- 15.9.6 Key Strategies
- 15.10 Wright Medical Group N.V.
- 15.10.1 Overview
- 15.10.2 Offerings
- 15.10.3 Key Financials
- 15.10.4 Business Segment & Geographic Overview
- 15.10.5 Key Market Developments
- 15.10.6 Key Strategies
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