Small-Joint Reconstructive Implants | Market Insights | Global | 2023
The COVID-19 pandemic will have a significant short-term negative impact on the global small-joint reconstructive implant market. The deferral of elective procedures, compounded with economic uncertainty, hindered market growth in 2020. Beyond the COVID-19 pandemic, the global small-joint reconstructive implant market experienced moderate growth in 2021 as deferred procedures were rescheduled. The market will continue to experience moderate growth throughout the forecast period, driven by high growth in certain subsegments, such as those for shoulder and total ankle arthroplasty. Adoption of small-joint reconstructive implants is rising due to favorable clinical results and an expanding pool of trained surgeons, while high product ASPs, supported by ongoing product innovation and comparatively low pricing pressure in this underpenetrated market, will further contribute to strong revenue expansion.
This Medtech 360 Report provides comprehensive data and analysis on the state of the global market for small-joint reconstructive implants from 2019 through 2031.
