Press Release

Wrist Replacement Market: 2019 Worldwide Opportunities, Market Share, Key Players and Competitive Landscape

Global Wrist Replacement Market to Derive Growth from OrthoPediatrics’ Attractive Product Offerings, says Fortune Business Insights

The Global Wrist Replacement Market w will witness considerable growth in the coming years due to recent product advancements associated with these surgeries. According to a report by Fortune Business Insights, titled “Wrist Replacement Market Size, Share and Global Trend By Technology (Total Wrist Replacement, Total Wrist Fusion), By End User (Hospitals, Orthopedic Clinics, Ambulatory Surgery Centers, Others), and Geography Forecast till 2026,” the market will derive growth from the high prevalence of arthritis around the world.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

  • Stryker
  • Acumed
  • Zimmer Biomet
  • Integra LifeSciences
  • DePuy Synthes Companies
  • DePuy Synthes Institute, LLC
  • Mitek Sports Medicine

Wrist replacement refers to a process of either providing support to the damaged wrist or replacing the wrist altogether through surgical procedures. Wrist replacement is often conducted in people with osteoarthritis and rheumatoid arthritis disorders. The ability of wrist replacement surgeries to correct bone and joint deformities has led to a rising uptake among surgeons around the world. Recent technological innovations in the equipment associated with wrist replacement procedures have led to an increase in demand for these procedures around the world. The report enlists several factors that have constituted an increase in the global wrist replacement market value in recent years. Additionally, the report also identifies a few factors that have limited the growth of the market in recent years. The increasing prevalence of arthritis and injuries have led to a rising uptake for wrist replacement procedures, which will lead to the growth of the global wrist replacement market in the coming years.

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Recent Product Innovations Will Favor Wrist Replacement Market Growth

The demand for wrist replacement surgeries has risen drastically in the past decade due to increasing incidence of arthritis and injuries. The outcry for fast-paced and efficient wrist replacement surgeries has led to numerous product innovations in recent years. Fortune Business Insights predicts that an increasing number of innovative products will contribute to the growing demand for wrist replacement procedures, which in turn, will aid the growth of the global wrist replacement market in the coming years. In 2017, OrthoPediatrics Corp. announced the launch of a new pediatric-specific wrist replacement aiding equipment. The ‘Wrist Fusion Plate System’ is aimed at the treatment of patients with and without proximal row corpectomy (PRC). The device has helped OrthoPediatrics generate a substantial amount of wrist replacement market revenue. The report includes product launches similar to OrthoPediatrics’ latest device and gauges the impact of such products on the global market.

Key Segmentation:

By Technology:

  • Total Wrist Replacement (TWR)
  • Total Wrist Fusion (TWF)

By Geography:

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

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