According to a new report by Expert Market Research titled, “Global Orthopaedic Digit Implants Market Share, Size, Report and Forecast 2024-2032″, the global orthopaedic digit implants market size is projected to grow at a CAGR of 7.7% between 2024 and 2032. Aided by the rise in geriatric population and the increasing prevalence of orthopaedic diseases, the market is expected to grow significantly by 2032.
Orthopaedic digit implants encompass a myriad of sophisticated devices utilised to replace or support finger or toe joints that have been compromised due to trauma, disease, or congenital abnormalities. These implants, predominantly made from biocompatible materials like titanium or pyrocarbon, aid in restoring mobility and reducing pain in affected digits, thereby enhancing overall quality of life for the patients.
Rising adoption of technologically superior and more biocompatible implant materials has become one of the growing orthopaedic digit implants market trends. The advent of 3D printing, combined with the integration of advanced biomaterials, offers implants that not only provide structural support but also promote better osseointegration, ensuring longevity and improved functional outcomes.
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The orthopaedic digit implants market growth can be attributed to the demographic shifts observed globally. An ageing global population, often facing issues like osteoarthritis or rheumatoid arthritis affecting the fingers and toes, coupled with the younger generation’s active lifestyles leading to sports injuries, are both key demand generators for digit implants.
The rise in orthopaedic surgeries, specifically pertaining to the hand and foot, is further favouring the market growth. Surgeons and clinicians are increasingly relying on digit implants as an alternative to arthrodeses, primarily for maintaining joint mobility and ensuring better post-operative outcomes for patients. The demand is more for implants that offer a natural range of motion and ensure minimal invasive techniques during implantation.
The orthopaedic digit implants market demand is further supported by the growing emphasis on patient-specific treatments. Custom-made implants, tailored based on individual anatomy and biomechanical needs, are witnessing heightened preference. The rapid strides in imaging modalities and software solutions facilitate the creation of implants that precisely fit the patient’s anatomy, ensuring optimal results.
The global orthopaedic digit implants market size is likely to increase in the coming years due to continuous innovation, patient-centric solutions, and a focus on enhanced quality of life. As the world grapples with an ageing demographic and a simultaneous rise in orthopaedic issues, the need for state-of-the-art, durable, and functionally superior digit implants will remain essential.
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Market Segmentation
The market can be divided based on product, end use, and region.
Market Breakup by Product
• Metacarpal Joint Implants
• Metatarsal Joint Implants
• Hemi Phalangeal Implants
• Scaphoid Bone Implants
• Toe Intramedullary Implants
Market Breakup by End Use
• Hospitals
• Speciality Orthopaedic Clinics
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global orthopaedic digit implants market. Some of the major players explored in the report by Expert Market Research are as follows:
• Wright Medical Group N.V.
• Integra Lifesciences Holdings Corporation
• Teijin Nakashima Medical Co., Ltd.
• Stryker Corporation
• Johnson & Johnson Services, Inc.
• Merete GmbH
• Zimmer Biomet Holdings, Inc.
• Others
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