Total Wrist Reconstruction Market

Total Wrist Reconstruction Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

Total wrist reconstruction treatment includes repair of any damaged ligament, tendon, bones or nerves in the wrist which causes pain and discomfort to the patient. Arthritis patients are more likely to suffer from wrist injuries. Rheumatoid arthritis and osteoarthritis are common categories of arthritis that increase the risk of wrist injuries. Apart from arthritis, carpel tunnel syndrome is another major reason that leads to wrist injuries.

Global aging of population, increasing incidences of arthritis and osteoporosis, increasing awareness about the available treatments for wrist injuries and increase in disposable income are some of the drivers for total wrist reconstruction market. While on the other hand, costs involved in wrist reconstruction surgeries, emergence of alternative technologies and intense competition from medicinal therapy are restraining the growth of this market. The global total wrist reconstruction market can be segmented on the basis of treatment technologies such as

  • Total wrist replacement (TWR)
  • Total wrist fusion (TWF)

Total wrist fusion procedural technique offers immediate pain relief but fails to restore wrist motion while total wrist replacement offers wrist motion. Geographically global total wrist reconstruction market is classified into regions such as:

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Currently, North America dominates the total wrist reconstruction market, due to existence of a large geriatric population and is followed by Europe due early acceptance and preference for highly developed technology. Asia-Pacific is a promising market for total wrist reconstruction and is expected to undergo rapid market growth due to growth of the medical tourism industry, increase in general purchasing power of the patients, rapidly improving healthcare infrastructure, large pool of arthritic and osteoporotic population and increased awareness about the availability of advanced and more efficient orthopedic treatments. Some of the major companies contributing to this market include Depuy Synthes International, Biomet Orthopedics, Acumed LLC and Zimmer Holdings, Inc.

One of the leading causes of dislocated joints and bones and serious fractures is injuries sustained during sports and car accidents. Many sports and traffic accidents cause wrist injuries in the lower extremities. The treatment of such injuries is difficult because it requires the correction of dislocations as well as the repositioning of bones and soft tissues. To treat such injuries, doctors use rotation correction screws, plates, and modular hand systems. As a result of a growing number of road accidents and sports injuries, the popularity of such replacement kits will rise during the forecast period, thereby propelling the sales growth of the global total wrist reconstruction market.

Total wrist reconstruction treatment includes the repair of any damaged ligament, tendon, bone, or nerve in the wrist that is causing the patient pain and discomfort. Wrist injuries are more common in arthritis patients. Osteoarthritis and Rheumatoid arthritis are two types of arthritis that increase the likelihood of wrist injury. Additionally, carpal tunnel syndrome is a major cause of wrist injuries. There are two types of treatment technologies for wrist replacement namely Total wrist fusion or TWF and total wrist replacement. The former technique provides instant pain relief but cannot restore wrist motion and the latter provides wrist motion.

Regionwise, North America emerged as the largest revenue generator for the global total wrist reconstruction market, with Europe in close competition. Factors supporting the growth of North American market include the presence of large aged population. This coupled with the rising awareness and adoption of high tech technology in the medical sector especially for surgical procedures and sports injuries will also help this region continue dominating the market in the coming years. As per the nature of competition is concerned for this market, the presence of major companies such as Zimmer Holdings, Biomet Orthopedics, and others will help intensify the market competition for the global total wrist reconstruction market in the coming years. Players are focusing on the use of minimally invasive devices for avoiding repeating procedures and for precise treatment. Such efforts are likely to create revenue generation opportunities for the total wrist reconstruction market in the near future.

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