DUBLIN, Aug. 07, 2015 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/nfkzt7/europe_markets) has announced the addition of the "Europe Markets for Small Bone & Joint Orthopedic Devices - 15 Countries (2011-2021)" report to their offering.
The European small bone and joint orthopedic market consists of shoulder reconstruction, elbow repair, hand and wrist device and foot and ankle device segments. The small bone and joint orthopedic device market is separate from the large joint and trauma markets, although the distinction is sometimes unclear.
As a result, defining small joint devices can be challenging. Similar to large joints, many of the small joint devices are involved in elective procedures, and consequently these devices generally command higher selling prices. Conversely, the small joint device market is also similar to the trauma device market, where devices may not have high prices or significant price growth, but are involved in essential surgery and are always in demand.
Small joints such as shoulders, elbows, hands and feet have not received as much attention as hip and knee treatments until recently, but have experienced strong and consistent growth because of the clinically underserved areas that they represent.
Significant growth in unit sales of key segments is counteracting across-the-board price cuts in other device segments. Price cuts and tendering processes stemming from austerity measures in many EU countries remain in effect, and are creating some niche markets, which are otherwise seeing stable unit sales to shrink. However, there is still significant potential for growth pending improvements in prosthesis design for a number of niche joint replacements such as total ankle.
- DePuy Synthes
- Integra LifeSciences
- Smith & Nephew
- Wright Medical
Key Topics Covered:
European Small Bone & Joint Orthopedic Devices Market Overview
Shoulder Reconstruction Market
Elbow Reconstruction Market
Hand & Wrist Device Market
Foot & Ankle Device Market
For more information visit http://www.researchandmarkets.com/research/nfkzt7/europe_markets
Media Contact: Laura Wood , +353-1-481-1716, firstname.lastname@example.org
SOURCE Research and Markets