Hand - and - Wrist - Device - Market - Size, - Share - and - COVID-19 - Impact - Analysis - Global - 2023-2029 - MedCore - Includes: - Wrist - Replacement, - Wrist - Fusion, - and - 4 - more
The global market for hand and wrist devices was valued at approximately $1 billion in 2022. Over the forecast period, it is expected to see a compound annual growth rate (CAGR) of 2.9%, reaching an estimated value of $1.3 billion.
The MedCore report on the global market for hand and wrist device includes the wrist replacement, wrist fusion, ulnar head replacement, hand digit implant and distal radius plate and screw markets.
MARKET REPORT DATA TYPES INCLUDED
Unit Sales, Average Selling Prices, Market Value & Growth Trends
Forecasts Until 2029, and Historical Data to 2019
Market Drivers & Limiters for Each Segment
Competitive Analysis with Market Shares for Each Segment
Recent Mergers & Acquisitions
Procedure Volumes
Company Profiles, Product Portfolios and SWOT for Top Competitors
COVID-19 Impact Analysis
GLOBAL HAND AND WRIST PROCEDURE NUMBERS
The global market report for hand and wrist devices includes: wrist replacement, wrist fusion, ulnar head replacement, hand digit implant, and distal radium plate and screw procedures.
GLOBAL HAND AND WRIST PROCEDURE NUMBERS
With the aging population worldwide, the incidence of rheumatoid arthritis is projected to rise, leading to an increase in the number of hand and wrist replacement device procedures performed. This is because rheumatoid arthritis is a systemic disease that affects multiple areas of the body and advanced cases can cause wrist deformities, making joint replacement necessary.
GLOBAL HAND AND WRIST MARKET SHARE INSIGHTS
The Global hand and wrist device market is dominated by three major players: DePuy Synthes, Zimmer Biomet, and Stryker. Among these, DePuy Synthes held the largest market share in 2022, particularly in the wrist fusion and distal radius plate and screw markets. The company offers a wide range of products for various hand and wrist procedures, including wrist fusion, distal radius plate and screw, and hand digit implant markets. Despite the strong competition, DePuy Synthes has the highest market share in these segments.
MARKET SEGMENTATION SUMMARY
Wrist Replacement
Wrist Fusion
Ulnar Head Replacement
Hand Digit Implant
Distal Radius Plate and Screws
RESEARCH SCOPE SUMMARY
Regions: North America (Canada, United States), Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela), Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.), Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine), Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam), Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year: 2022
Forecast: 2023-2029
Historical Data: 2019-2022
Quantitative Coverage: Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative Coverage: COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
Data Sources: Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.
WHY CHOOSE IDATA?
Experts Only – iData has been around for over 17 years and is the trusted source of intelligence, and data-driven insights for key industry players. We are made up of specialists with a sole focus on medical devices, dental devices and pharmaceuticals. Our research and consulting field of endeavour never strays from the medical device industry and, because of this, we are the number one choice for leading companies in this field.
Global Coverage – iData’s unique methodology, and its expansion to over 70 countries world-wide, has made it one of the most viable sources of intelligence for global companies along with those who plan to expand their portfolio beyond the confines of their own country. Providing procedural data at the country level is another testimony to the trusted global coverage we provide.
Attention to Detail – It’s our attention to small details, scheduling of timelines, and keen project management that makes us stand out from the rest. We are creative, and our reports include metrics such as procedure numbers, ASPs, and SKU-level insights that are not found elsewhere.
Pricing – When comparing like-with-like, iData’s prices are not only extremely competitive but also the most cost-effective. We strive for success and want the same for our clients. With the level of detail incorporated into each report alongside the extensive segmentation provided, no other report compares at our price point.
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