Orthopedic Digit Implants Overview:

The medical devices known as orthopedic digit implants are used to repair broken or injured tiny bones or joint segments, including the toe, elbow, ankle, and knee. Orthopedic digits serve as artificial bones and are made of biocompatible titanium or stainless steel.

Some Key Highlights from Orthopedic Digit Implants Medical Devices Market Report

• The Orthopedic Digit Implants market size was valued at USD 92.34 Million in the year 2021 and is expected to grow at a CAGR of 6.50% during the forecasted period (2022-2027)
• In February 2022, Johnson & Johnson Medical Devices Companies, Medical Devices Companies announced that DePuy Synthes, the Orthopaedics Company of Johnson & Johnson has acquired CrossRoads® Extremity Systems, a Tennessee-based foot and ankle company that provides a broad range of procedure-specific, sterile-packed implants and instrumentation systems cleared for lower extremity indications.
• In August 2021, The Johnson & Johnson Medical Devices Companies announced that DePuy Synthes, The Orthopaedics Company of Johnson & Johnson, introduced the INHANCE™ Shoulder System. The company stated that the INHANCE Shoulder System is the first shoulder system to offer surgeons the ability to seamlessly transition from stemless to stemmed implants during surgical procedures.
• In November 2020, DJO, LLC, a leading global provider of medical technologies to get and keep people moving, announced that it has completed the acquisition of total ankle and finger arthroplasty product lines from international medical technology company Stryker.
• In November 2020, Stryker, one of the world’s leading medical technology companies, announced that it has completed the previously announced acquisition of Wright Medical Group N.V., a global medical device company focused on extremities and biologics.
• Rise in the number of the rheumatoid arthritis across the world has put more demand for the use of Orthopedic Digit Implants in the market

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The market report on Orthopedic Digit Implants Medical Devices includes an overview of the industry as well as a PEST Analysis. The report also examines market drivers, market constraints, and unmet medical needs in order to identify the greatest prospects and analyze the market’s underlying potential. 

Orthopedic Digit Implants Market: 

The dynamics of the Orthopedic Digit Implants market are anticipated to change in the coming years owing to the expected launch of emerging therapies and others during the forecasted period 2022-2032. 

The Orthopedic Digit Implants market has been occupied by some leading companies in the manufacturing of the Orthopedic Digit Implants depending on the geography and the product type. 

The Orthopedic Digit Implants market is broad, with a large variety of products accessible, and key companies such as- Acumed LLC, Integra LifeSciences Corporation, Smith & Nephew, Johnson & Johnson, Stryker, Arthrex, Inc., VILEX, LLC, Merete GmbH, Anika Therapeutics, Inc., Advin Health Care, Bond Well Ortho Products., Zimmer Biomet., Teijin Nakashima Medical Co., Ltd., Safe Orthopaedics, ArthroCare Corporation, are present. 

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Orthopedic Digit Implants Key Companies

• Acumed LLC
• Integra LifeSciences Corporation
• Smith & Nephew
• Johnson & Johnson
• Stryker
• Arthrex, Inc.
• VILEX LLC
• Merete GmbH
• Anika Therapeutics, Inc.
• Advin Health Care
• Bond Well Ortho Products.
• Zimmer Biomet.
• Teijin Nakashima Medical Co., Ltd.
• Safe Orthopaedics
• ArthroCare Corporation, and others

Orthopedic Digit Implants Market Drivers:

• Increasing number of geriatric patients
• Rising incidence of cardiovascular diseases
• Rising prevalence of geriatric population 
• Favorable Reimbursement Coverage

Orthopedic Digit Implants Market Barriers:

• Stringent regulatory approvals and hypersensitivity
• Infections after surgery
• Toxicity from the implant

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Scope for the Report

• Coverage: Global
• Study Period: 2019-2027
• Key market players operating in the Orthopedic Digit Implants market include: Acumed LLC, Integra LifeSciences Corporation, Smith & Nephew, Johnson & Johnson, Stryker, Arthrex, Inc., VILEX, LLC, Merete GmbH, Anika Therapeutics, Inc., Advin Health Care, Bond Well Ortho Products., Zimmer Biomet., Teijin Nakashima Medical Co., Ltd., Safe Orthopaedics, ArthroCare Corporation, and others 

Tools Used: PEST Analysis

KOL’s Views

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