Shoulder reconstruction segment dominated the upper extremity market owing to technological advancements in shoulder implants such as reverse shoulder implants and stem less shoulder implants, increasing number of patients opting for shoulder reconstruction surgery, and its positive clinical outcomes.

Portland, OR -- (SBWire) -- 12/29/2017 --Upper extremity reconstruction implants (such as elbow, radius, hand & wrist, and shoulder) was the leading market segment in 2015, due to increase in the incidences of small joint disorders such as arthritis and fracture.

Extremity Reconstruction Market was valued at $1,833 million in 2015, and is expected to reach $3,041 million by 2022, supported by a CAGR of 7.5% during the forecast period 2016 to 2022. Extremity reconstruction devices are used to treat, repair, replace, or heal extremity injuries such as fractures or damage.

The extremity reconstruction market covers implant devices for the shoulder, elbow, wrist, digits, foot, and ankle joints. The market is segmented based on the product type into upper extremity reconstruction devices and lower extremity reconstruction devices. The extremity reconstruction segment holds a small share in the global orthopedic market but it is expected to grow at the fastest rate during the study period.

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The key drivers of the market include increase in incidence of joint disorders such as osteoarthritis & rheumatoid arthritis coupled with growth in geriatric population and global rise in the prevalence of diabetes & obesity. In addition, increase in awareness among patients about the benefits of small joint reconstruction implants and improvement of technology such as development of stemless shoulder implants, reverse shoulder implants, and ankle reconstruction implants that assist in regaining ankle mobility are expected to propel the market growth.

Key Findings of the extremity reconstruction market Study:

-The shoulder replacement segment generated the highest revenue in 2015, and is projected to grow at a CAGR of 7.3%.

-Stemless shoulder implants segment is projected to grow rapidly registering a CAGR of 20%.

-Metallic biomaterial dominated the world extremity reconstruction devices market.

Segmentation of Extremity Reconstruction Market:

By Product

-Upper Extremity Reconstruction
--Shoulder
--Partial Shoulder Replacement
--Total Standard Replacement
--Stemless Total Shoulder Replacement
--Total Reverse Replacement

---Elbow
---Hand & Wrist

-Lower Extremity Reconstruction
--Foot Devices
--Hind foot Fusion
--Other Fusions

-Ankle Reconstruction Devices
--Ankle Fusion
--Ankle Replacement

By Biomaterial

-Metallic Biomaterial
-Ceramic Biomaterial
-Polymeric Biomaterial
-Natural Biomaterial

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Growth Factors Extremity Reconstruction Market:

-Increasing awareness and patient preference to maintain an active lifestyle.
-Obesity and diabetes epidemic increasing the risk of degenerative joint diseases.
-Increasing incidences of joint disabling diseases, trauma and sports injuries.