United States (US) orthopedic Procedures market is segmented into many categories, which are arthroscopy procedures, cranio maxillofacial fixation (CMF) procedures, orthobiologics procedures and shoulder replacement procedures. In US, arthroscopy is defined as procedures of performing percutaneous instruments under the guidance of arthroscopes. The majority of arthroscopic procedures are performed on the knee with more than 1 million interventions and almost 2 million diagnoses of arthroscopic procedures are performed on the knee in country. The most common arthroscopic treatment is repairing torn or damaged menisci of the knee. Additionally the most common arthroscopic shoulder procedure is repair of a torn rotator cuff. There are many arthroscopic product are included for the repair of knee and shoulder such as implants, accessories and arthroscopic equipments.
According to study, “United States Orthopedic Procedures Outlook to 2025 - Arthroscopy Procedures, Cranio Maxillofacial Fixation (CMF) Procedures, Orthobiologics Procedures, Shoulder Replacement Procedures and Others” some of the major companies that are working in the United States orthopedic procedures are Arthrex, Inc., ArthroCare Corporation, DePuy, Inc./Johnson & Johnson, ConMedLinvatec, Inc./ConMed Corporation, Olympus America/Olympus Corporation, Richard Wolf Medical Instruments Corporation/Richard Wolf GmbH, Smith & Nephew PLC, Stryker Corporation, United States Surgical/Tyco International LTD, Zimmer Biomet, KLS Martin and Stryker, Tornier N.V, Exaactech, Arthrex, Wright medical group, Integra life sciences, Medtronic PLC, NuvasiveInc, Inspine Netherlands BV, B. Braun melsungen AG.
The market for CMF is strongly driven by an increasing preference for custom patient-specific implants. A CMF procedure covers plates and screws, bone graft substitutes, cranial flap fixation, dural repair and temporomandibular joint. In the US CMF surgery is driven by some of the growth factors of reliability, degradable property, biocompatible and easy handling
In US, orthobiologics procedures market is rapidly increasing. It helps to heal injured muscles, fractures, tendons and ligaments more quickly. There are many types of orthobiologics procedure such as platelet lysate (PL), platelet rich plasma (PRP), bone marrow concentrates (BMC) and adipose. PL destroys platelets and provides an espresso shot of repair to a local site. PRP is a concentrated platelet injection derived from the patient’s blood. It is used in medical care such as wound healing and dermatology.
On the basis of application, market in segmented into spinal fusion, trauma repair and reconstructive surgery. Some driving factors of this market are expanding innovation in technologies advancement, increase in sports related injuries, and rapidly enhance aging population, shifting demand from mechanical to biological solutions and expansion of large number of unidentified & chronic diseases.
The shoulder replacement market is growing at a CAGR of 6.4%. There are many procedures are included in shoulder replacement market, which are total shoulder arthroplasty, total resurfacing, partial shoulder arthroplasty, partial resurfacing, hemi resurfacing, total-mid head, total conventional and revision shoulder arthroplasty etc. On the basis of device, market is segmented into resurfacing implants, trauma devices and platform systems.
The orthopedic market is growing rapidly, at a CAGR of 20 billion in 2016 and it is estimated that it will be exceed revenue of US 25 billion by 2024. The new technologies are used in orthopedic procedures such as robotics, 3D printing and computer-aided surgery. These technologies are used for improving accuracy, precision & patient outcomes. 3D printing can be completely adapted to the patient and delivered with a short time frame.
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