The part of the body from the tips of the fingers to the shoulder and extending to the neck is known as upper extremity. Upper extremity include the connective tissues (ligaments and tendons), soft tissues, the bony structures as well as the skin, and the nerve and circulatory supply to the limb. Symptoms of upper extremities disorders can include reduction in the ability to use the affected part of the limb, pain, and limitations in the speed or range of movement. Working at computer workstations should be assessed and managed to reduce the risks of upper extremities disorders. Upper extremities have the functional importance to human activity, hence patients with injuries in this region regularly require therapeutic and diagnostic assistance from family physicians. A working knowledge of basic anatomy is helpful to establish a differential diagnosis for upper extremity disorders.
The global upper extremities disorders treatment market can be segmented based on product, procedure, end-user, and region. In terms of product, the global upper extremities disorders treatment market can be classified into braces and support systems, orthobiologics, and accessories. Braces and support systems are designed for the arm, shoulder, elbow, hand, and wrist, and can be used for a variety of needs from stability to immobilization. These comprise three major areas of orthoses; upper extremities soft supports, upper extremities fracture orthoses, and upper extremities positional supports. Based on procedure, the global upper extremities disorders treatment market can be categorized into joint replacement & fracture, nerve diseases, and soft tissue injuries. In terms of end-user, the global upper extremities disorders treatment market can be divided into hospitals & surgical centers, orthopedic surgical centers, and ambulatory surgical centers. The hospitals & surgical centers segment accounted for major share of the global upper extremities disorders treatment market. Quality facilities provided by hospitals for surgical care is the key factor contributing to the high upper extremities disorders treatment market share of the segment. The orthopedics surgical centers and ambulatory surgical centers segments are anticipated to witness strong growth in the next few years. Increase in the number of orthopedic and ambulatory surgical centers, and advanced quality of treatment provided by the ambulatory surgical centers are expected to propel the segment during the forecast period.
The global upper extremities disorders treatment market can be segmented into five major regions: North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America dominated the global upper extremities disorders treatment market owing to increase in the geriatric population and rise in the number of surgical procedures in hospitals. Moreover, surge in number of fractures, increase in the number of individuals suffering from osteoporosis, and high acceptance of reverse shoulder arthroplasty procedures are the key factors fueling the growth of the upper extremities disorders treatment market in North America. Europe accounts for the second largest upper extremities disorders treatment market share due to increase in government support, rise in investments for better health care infrastructure, and surge in health care expenditure.
Major players in the global upper extremities disorders treatment market are Integra LifeSciences, DePuy Synthes, Stryker, Zimmer Biomet, Smith & Nephew, Wright Medical Group N.V., Exactech, Arthrex, Inc., CONMED Corporation, Acumed, Bioretec Ltd., and Advanced Orthopaedic Solutions.
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.