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Limb Salvage Surgery Market Estimated to Flourish by 2026

Author: Akash Pande
by Akash Pande
Posted: Jan 12, 2019

Limb salvage is a surgical procedure where a diseased bone is substituted by a functional limb. The aim of limb salvage surgery is to remove tumors and to maintain stability with minimal complications. Conditions that require limb salvage surgery include trauma, diabetic wounds, stump salvage, and chronic infections. This surgery is economical and effective as compared to amputations in the long run.

Limb salvage surgery is performed through three steps: tumor resections, skeletal reconstructions, and soft tissue reconstructions. Tumor resections is the most critical step. Standard diagnosis procedures of limb salvage surgery are radiography, magnetic resonance imaging, multi-detector computed tomography (MDCT).

The global limb salvage surgery market is primarily driven by factors such as increase in prevalence of bone tumors, peripheral vascular diseases, sarcoma, etc. and rise in cases of trauma. Furthermore, a high rate of diagnosis and treatment of bone tumors and peripheral vascular diseases and increase in health care expenditure are likely to boost the global limb salvage surgery market. However, post-operative infections resulting from limb salvage surgery are anticipated to restrain the global limb salvage surgery market during the forecast period. Availability of health care insurance for limb salvage surgery, increase in R&D expenditure, technological advancements, and mergers and acquisitions are estimated to provide attractive opportunities to the global limb salvage surgery market in the near future.

The global limb salvage surgery market can be segmented based on product, application, end-user, and region. In terms of product, the global limb salvage surgery market can be categorized into metal prosthesis, allografts, and others. The metal prosthesis segment can be further divided into upper extremity prosthesis and lower extremity prosthesis. Based on application, the global limb salvage surgery market can be classified into trauma, diabetic wounds/non-healing wounds, bone tumors, multiple arthroplasties, and others. In terms of end-user, the global limb salvage surgery market can be divided into hospitals, specialized clinics, and others.

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Based on region, the global limb salvage surgery market can be classified into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America held a prominent share of the global limb salvage surgery market in 2017, due to high patient awareness about limb salvage surgeries, robust health care expenditure, and availability of health care insurance for limb salvage surgery. The market in the U.K., France, and Germany was driven by an expansion in the medical device industry; high rate of diagnosis and treatment of bone cancer, sarcoma, and peripheral vascular diseases; availability of products; presence of major players; and participation of small companies in the salvage surgery market in Europe in 2017. The market in Italy and Spain is anticipated to be driven by developments in health care infrastructure and technological advancements in the next few years.

China and Japan constituted a dominant share of the limb salvage surgery market in Asia Pacific in 2017. The market in India is anticipated to expand at a significant CAGR in the near future, owing to an expansion in the medical device industry, presence of domestic players, and competition between domestic and international players in the country. An underdeveloped medical device industry, lack of awareness about limb salvage surgery, and unavailability of medical insurances are likely to hamper the limb salvage surgery market in Latin America and Middle East & Africa during the forecast period.

Companies operating in the global limb salvage surgery market are Zimmer Biomet., Merete GmbH, OnkosSurgical, Stryker, 3-D Side, Waldemar LINK GmbH & Co. KG, United Orthopedic Corp, PETER BREHM GmbH, Permedica Manufacturing, Ortosintese Ltda, OrthoD, DePuy Synthes (a Johnson and Johnson Company), Alphamed Medizintechnik Fischer GmbH, Elite Surgical, and others.

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Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR’s global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materia

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Author: Akash Pande

Akash Pande

Flag of India
India

Member since: Jan 03, 2019
Total live articles: 1158

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