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
By Application
• Foot
• Hand
By End User
• Hospitals
• Clinics
• ASCs
By Region
• North America
o U.S.
o Canada
o Mexico
• Latin America
o Brazil
o Argentina
o Colombia
o Peru
o Chile
o Venezuela
o Rest of Latin America
• Europe
o Germany
o France
o UK
o Russia
o Italy
o Spain
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Australia
o New Zealand
o Singapore
o Malaysia
o Rest of Asia Pacific
• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o Kuwait
o South Africa
o Rest Middle East & Africa
Key Questions Addressed by the Report
• 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?
Global Small Bone and Joint Orthopedic Devices Market
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
7 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
