The North America Upper Extremity Implants Market would witness market growth of 5.6% CAGR during the forecast period (2023-2029).
The United Nations General Assembly aims to halve road traffic-related fatalities and injuries by 2030. In addition, despite the fact that low- and middle-income countries account for around 60% of the region’s car population, these countries are responsible for 93% of all road deaths. This increase in traffic-related injuries places a substantial burden on healthcare providers to provide efficient and expedient care. In addition, numerous individuals sustain severe injuries due to these accidents. Thus, this scenario is anticipated to increase the need for upper extremity implants, sustaining market expansion.
Additionally, an increasing emphasis on aesthetics is predicted to be a driving force behind the expansion of the market for implants in the upper extremities. It is projected that the development of minimally invasive procedures, like stemless shoulder implants, will stimulate the rise of the market. In addition, an increasing number of patients are becoming aware of the benefits of minor joint reconstruction implants, and developments in technology, such as the development of reverse shoulder implants, are anticipated to strengthen the market.
Numerous factors can lead to osteoporosis and fractures. Major risk factors include inadequate diet and physical inactivity. Additional risk factors for osteoporosis include personal and familial fracture history. Based on the 2009 Canadian Community Health Survey, the Public Health Agency of Canada calculated that 10% or 1.5 million Canadians aged 40 and over have osteoporosis. Women in this cohort four times more often than males reported having osteoporosis. Women are more prone than men to develop osteoporosis because they have lower beginning bone mass and experience more rapid bone deterioration as they age. Hence, the demand is predicted to rise due to these factors, which will support regional market expansion.
The US market dominated the North America Upper Extremity Implants Market by Country in 2022 and would continue to be a dominant market till 2029; thereby, achieving a market value of $730.7 million by 2029. The Canada market is poised to grow at a CAGR of 8% during (2023 - 2029). Additionally, The Mexico market would witness a CAGR of 7.1% during (2023 - 2029).
Based on Material, the market is segmented into Metallic Biomaterials, Ceramic Biomaterials, Polymeric Biomaterials and Natural Biomaterials. Based on Type, the market is segmented into Shoulder, Elbow and Hand & Wrist. Based on End-use, the market is segmented into Hospitals, Clinics and ASCs'. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Worldwide Upper Extremity Implants Market is Projected to reach USD 2.3 Billion by 2029, at a CAGR of 6.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Stryker Corporation, DePuy Synthes (Johnson & Johnson), Zimmer Biomet Holdings, Inc., Smith & Nephew PLC, Medtronic PLC, Aesculap, Inc. (B. Braun Melsungen AG), DJO Global (Enovis Corporation), Ossur Hf., Acumed LLC (Colson Medical, Inc.) and Arthrex, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Material
- Metallic Biomaterials
- Ceramic Biomaterials
- Polymeric Biomaterials
- Natural Biomaterials
By Type
- Shoulder
- Elbow
- Hand & Wrist
By End-use
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- Stryker Corporation
- DePuy Synthes (Johnson & Johnson)
- Zimmer Biomet Holdings, Inc.
- Smith & Nephew PLC
- Medtronic PLC
- Aesculap, Inc. (B. Braun Melsungen AG)
- DJO Global (Enovis Corporation)
- Ossur Hf.
- Acumed LLC (Colson Medical, Inc.)
- Arthrex, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Upper Extremity Implants Market, by Material
1.4.2 North America Upper Extremity Implants Market, by Type
1.4.3 North America Upper Extremity Implants Market, by End-use
1.4.4 North America Upper Extremity Implants Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Mergers & Acquisition
3.2.2 Product Launches and Product Expansions
3.2.3 Approvals and Trials
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2023)
3.3.2 Key Strategic Move: (Mergers & Acquisition: 2019, Jun – 2023, May) Leading Players
Chapter 4. North America Upper Extremity Implants Market by Material
4.1 North America Metallic Biomaterials Market by Country
4.2 North America Ceramic Biomaterials Market by Country
4.3 North America Polymeric Biomaterials Market by Country
4.4 North America Natural Biomaterials Market by Country
Chapter 5. North America Upper Extremity Implants Market by Type
5.1 North America Shoulder Market by Country
5.2 North America Elbow Market by Country
5.3 North America Hand & Wrist Market by Country
Chapter 6. North America Upper Extremity Implants Market by End-use
6.1 North America Hospitals Market by Country
6.2 North America Clinics Market by Country
6.3 North America ASCs' Market by Country
Chapter 7. North America Upper Extremity Implants Market by Country
7.1 US Upper Extremity Implants Market
7.1.1 US Upper Extremity Implants Market by Material
7.1.2 US Upper Extremity Implants Market by Type
7.1.3 US Upper Extremity Implants Market by End-use
7.2 Canada Upper Extremity Implants Market
7.2.1 Canada Upper Extremity Implants Market by Material
7.2.2 Canada Upper Extremity Implants Market by Type
7.2.3 Canada Upper Extremity Implants Market by End-use
7.3 Mexico Upper Extremity Implants Market
7.3.1 Mexico Upper Extremity Implants Market by Material
7.3.2 Mexico Upper Extremity Implants Market by Type
7.3.3 Mexico Upper Extremity Implants Market by End-use
7.4 Rest of North America Upper Extremity Implants Market
7.4.1 Rest of North America Upper Extremity Implants Market by Material
7.4.2 Rest of North America Upper Extremity Implants Market by Type
7.4.3 Rest of North America Upper Extremity Implants Market by End-use
Chapter 8. Company Profiles
8.1 Stryker Corporation
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.1.5.2 Geographical Expansions:
8.2 DePuy Synthes (Johnson & Johnson)
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental & Regional Analysis
8.2.4 Research & Development Expenses
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.3 Zimmer Biomet Holdings, Inc.
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Acquisition and Mergers:
8.4 Smith & Nephew PLC
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional and Segmental Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Acquisition and Mergers:
8.5 Medtronic PLC
8.5.1 Company overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Approvals & Trials:
8.5.5.2 Mergers & Acquisitions:
8.5.6 SWOT Analysis
8.6 Aesculap, Inc. (B. Braun Melsungen AG)
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expenses
8.7 DJO Global (Enovis Corporation)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.7.5 Recent strategies and developments:
8.7.5.1 Acquisition and Mergers:
8.8 Ossur Hf.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.9 Acumed LLC (Colson Medical, Inc.)
8.9.1 Company Overview
8.9.2 Recent strategies and developments:
8.9.2.1 Acquisition and Mergers:
8.10. Arthrex, Inc.
8.10.1 Company Overview
TABLE 1 North America Upper Extremity Implants Market, 2019 - 2022, USD Million
TABLE 2 North America Upper Extremity Implants Market, 2023 - 2029, USD Million
TABLE 3 Mergers & Acquisition – Upper Extremity Implants Market
TABLE 4 Product Launches And Product Expansions– Upper Extremity Implants Market
TABLE 5 Approvals and Trials– Upper Extremity Implants Market
TABLE 6 Geographical Expansions– Upper Extremity Implants Market
TABLE 7 North America Upper Extremity Implants Market by Material, 2019 - 2022, USD Million
TABLE 8 North America Upper Extremity Implants Market by Material, 2023 - 2029, USD Million
TABLE 9 North America Metallic Biomaterials Market by Country, 2019 - 2022, USD Million
TABLE 10 North America Metallic Biomaterials Market by Country, 2023 - 2029, USD Million
TABLE 11 North America Ceramic Biomaterials Market by Country, 2019 - 2022, USD Million
TABLE 12 North America Ceramic Biomaterials Market by Country, 2023 - 2029, USD Million
TABLE 13 North America Polymeric Biomaterials Market by Country, 2019 - 2022, USD Million
TABLE 14 North America Polymeric Biomaterials Market by Country, 2023 - 2029, USD Million
TABLE 15 North America Natural Biomaterials Market by Country, 2019 - 2022, USD Million
TABLE 16 North America Natural Biomaterials Market by Country, 2023 - 2029, USD Million
TABLE 17 North America Upper Extremity Implants Market by Type, 2019 - 2022, USD Million
TABLE 18 North America Upper Extremity Implants Market by Type, 2023 - 2029, USD Million
TABLE 19 North America Shoulder Market by Country, 2019 - 2022, USD Million
TABLE 20 North America Shoulder Market by Country, 2023 - 2029, USD Million
TABLE 21 North America Elbow Market by Country, 2019 - 2022, USD Million
TABLE 22 North America Elbow Market by Country, 2023 - 2029, USD Million
TABLE 23 North America Hand & Wrist Market by Country, 2019 - 2022, USD Million
TABLE 24 North America Hand & Wrist Market by Country, 2023 - 2029, USD Million
TABLE 25 North America Upper Extremity Implants Market by End-use, 2019 - 2022, USD Million
TABLE 26 North America Upper Extremity Implants Market by End-use, 2023 - 2029, USD Million
TABLE 27 North America Hospitals Market by Country, 2019 - 2022, USD Million
TABLE 28 North America Hospitals Market by Country, 2023 - 2029, USD Million
TABLE 29 North America Clinics Market by Country, 2019 - 2022, USD Million
TABLE 30 North America Clinics Market by Country, 2023 - 2029, USD Million
TABLE 31 North America ASCs' Market by Country, 2019 - 2022, USD Million
TABLE 32 North America ASCs' Market by Country, 2023 - 2029, USD Million
TABLE 33 North America Upper Extremity Implants Market by Country, 2019 - 2022, USD Million
TABLE 34 North America Upper Extremity Implants Market by Country, 2023 - 2029, USD Million
TABLE 35 US Upper Extremity Implants Market, 2019 - 2022, USD Million
TABLE 36 US Upper Extremity Implants Market, 2023 - 2029, USD Million
TABLE 37 US Upper Extremity Implants Market by Material, 2019 - 2022, USD Million
TABLE 38 US Upper Extremity Implants Market by Material, 2023 - 2029, USD Million
TABLE 39 US Upper Extremity Implants Market by Type, 2019 - 2022, USD Million
TABLE 40 US Upper Extremity Implants Market by Type, 2023 - 2029, USD Million
TABLE 41 US Upper Extremity Implants Market by End-use, 2019 - 2022, USD Million
TABLE 42 US Upper Extremity Implants Market by End-use, 2023 - 2029, USD Million
TABLE 43 Canada Upper Extremity Implants Market, 2019 - 2022, USD Million
TABLE 44 Canada Upper Extremity Implants Market, 2023 - 2029, USD Million
TABLE 45 Canada Upper Extremity Implants Market by Material, 2019 - 2022, USD Million
TABLE 46 Canada Upper Extremity Implants Market by Material, 2023 - 2029, USD Million
TABLE 47 Canada Upper Extremity Implants Market by Type, 2019 - 2022, USD Million
TABLE 48 Canada Upper Extremity Implants Market by Type, 2023 - 2029, USD Million
TABLE 49 Canada Upper Extremity Implants Market by End-use, 2019 - 2022, USD Million
TABLE 50 Canada Upper Extremity Implants Market by End-use, 2023 - 2029, USD Million
TABLE 51 Mexico Upper Extremity Implants Market, 2019 - 2022, USD Million
TABLE 52 Mexico Upper Extremity Implants Market, 2023 - 2029, USD Million
TABLE 53 Mexico Upper Extremity Implants Market by Material, 2019 - 2022, USD Million
TABLE 54 Mexico Upper Extremity Implants Market by Material, 2023 - 2029, USD Million
TABLE 55 Mexico Upper Extremity Implants Market by Type, 2019 - 2022, USD Million
TABLE 56 Mexico Upper Extremity Implants Market by Type, 2023 - 2029, USD Million
TABLE 57 Mexico Upper Extremity Implants Market by End-use, 2019 - 2022, USD Million
TABLE 58 Mexico Upper Extremity Implants Market by End-use, 2023 - 2029, USD Million
TABLE 59 Rest of North America Upper Extremity Implants Market, 2019 - 2022, USD Million
TABLE 60 Rest of North America Upper Extremity Implants Market, 2023 - 2029, USD Million
TABLE 61 Rest of North America Upper Extremity Implants Market by Material, 2019 - 2022, USD Million
TABLE 62 Rest of North America Upper Extremity Implants Market by Material, 2023 - 2029, USD Million
TABLE 63 Rest of North America Upper Extremity Implants Market by Type, 2019 - 2022, USD Million
TABLE 64 Rest of North America Upper Extremity Implants Market by Type, 2023 - 2029, USD Million
TABLE 65 Rest of North America Upper Extremity Implants Market by End-use, 2019 - 2022, USD Million
TABLE 66 Rest of North America Upper Extremity Implants Market by End-use, 2023 - 2029, USD Million
TABLE 67 key Information – Stryker Corporation
TABLE 68 Key Information – DePuy Synthes
TABLE 69 key Information – Zimmer Biomet Holdings, Inc.
TABLE 70 key Information – Smith & Nephew PLC
TABLE 71 Key Information – Medtronic PLC
TABLE 72 key Information – Aesculap, Inc
TABLE 73 Key Information – DJO Global
TABLE 74 Key Information – Ossur Hf.
TABLE 75 Key Information – Acumed LLC
TABLE 76 Key information – Arthrex, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2023)
FIG 4 Key Strategic Move: (Mergers & Acquisition : 2019, Jun – 2023, May) Leading Players
FIG 5 North America Upper Extremity Implants Market Share by Material, 2022
FIG 6 North America Upper Extremity Implants Market Share by Material, 2029
FIG 7 North America Upper Extremity Implants Market by Material, 2019 - 2029, USD Million
FIG 8 North America Upper Extremity Implants Market Share by Type, 2022
FIG 9 North America Upper Extremity Implants Market Share by Type, 2029
FIG 10 North America Upper Extremity Implants Market by Type, 2019 - 2029, USD Million
FIG 11 North America Upper Extremity Implants Market Share by End-use, 2022
FIG 12 North America Upper Extremity Implants Market Share by End-use, 2029
FIG 13 North America Upper Extremity Implants Market by End-use, 2019 - 2029, USD Million
FIG 14 North America Upper Extremity Implants Market Share by Country, 2022
FIG 15 North America Upper Extremity Implants Market Share by Country, 2029
FIG 16 North America Upper Extremity Implants Market by Country, 2019 - 2029, USD Million
FIG 17 Recent strategies and developments: Stryker Corporation
FIG 18 Recent strategies and developments: Medtronic PLC
FIG 19 Swot analysis: Medtronic plc