The report 'Global Orthopedic Digit Implants' Market By Product type(Metatarsal Joint Implants, Metacarpal Joint Implants, Toe Intramedullary Digit Implants, Scaphoid Bone Digit Implants, Hemi phalangeal Digit Implants). By Material (Pyrocarbon, Titanium, Ninitol, Others). By End-User (Hospitals, Speciality Orthopedic Clinics, Home Cares). By Region (North America, Europe, Asia-Pacific). With a market size of USD 80 Mn in 2020, the Global Orthopedic Digit Implants Market Size will grow to USD 167.53 Mn by 2030 with a CAGR of 6.65%.
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Key Factors that are expediting the Market growth
Based on Type, the Metatarsal joint Implants held the most significant market share in 2020
By Type, the Metatarsal joint Implants are expected to drive market growth based on the product. Reasons fuelling the development of the segments are the increasing arthritis incidents and growing rates of accidents.
Based on Material, the Metatarsal joint Implants dominated the market share value in 2020
By Material, the Titanium segment has the highest Orthopedic Digit Implants Market Share due to its strength and thermal, elastic, non-reactive, and non-magnetic properties.
Based on End-user, the Metatarsal joint Implants held the largest market share in 2020
By End Users, the Hospitals segment held the largest market share due to its improved quality and affordability all around the world.
By Region, North America leads the Orthopedic Digit Implants Market Share due to its better healthcare facilities and efficient reimbursement processes.
THE NORTH AMERICAN REGION SIGNIFICANTLY DOMINATED THE MARKET IN 2020
The prevalence of Osteoarthritis in the senior population, insurance coverage availability, and better R&D infrastructure was attributed to the growth. Also, several trauma and accident cases and a trend of Minimally Invasive Surgeries are expected to surge the demand for orthopedic digit Implants in North America.
IMPORTANT MARKET PLAYERS:
Some of the key players in this Orthopedic Digit Implants Market field include Johnson and Johnson Services, Wright Medical Group N.V, Teijin Nakashima Medical Co.Ltd., Smith and Nephew, Stryker Corporation, Integra Lifesciences, Acumed LLC. Merete Medical GmbH, Zimmer Biomet Holdings Inc., Vilex In Tennessee Inc., Signature orthopedics Implants
Recent Developments