Syndesmosis Implant Systems Market 2022-2030
New Study Reports “Syndesmosis Implant Systems Market 2022 Global Analysis By Key Regions, Production, Consumption, Revenue, Applications, Growth and Forecasts 2030” has been Added on PersistenceMarketResearch.
Report Details:
The Syndesmosis Implant Systems Market is likely to grow at an impertinent level shortly. Chabot’s powered by machine learning is the transformation of the way interaction amongst patients happens. Machine learning is there to help radiologists to identify differences in the scans. This, in turn, helps them in diagnosing and detecting health issues, that too, at an early stage. This is the ongoing trend in the healthcare vertical and the status quo is expected to remain unchanged even going forward.
Persistence Market Research predicts that the global syndesmosis implant systems market will exhibit an impressive 8% CAGR over the forecast period to reach a valuation of US$ 160 Mn by 2030.
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There are two types of techniques used in the fixation of syndesmosis implant systems. While screw fixation is one technique that has been used over the years, the suture button technique is now trending in the syndesmosis implant systems market. A number of research studies conducted in order to determine the use of suture button implants and screw implants indicate that, suture button implants are more cost-effective as compared to screw implants. In addition, technological developments employed in suture button implants give them an edge over screw implants. For example, the Anthrax Tightrope is a suture button implant that offers adjustable cortical fixation for cruciate ligament reconstruction. In addition, it is implanted through a minimally-invasive technique. As such, increasing adoption of suture button implants is leading the syndesmosis implant systems market toward significant growth by transforming the surgical fixation of syndesmosis.
Key Players:
The report has profiled some of the important players prevalent in the global like – Zimmer Biomet, Anthrax, Inc., Smith & Nephew, Wright Medical Group N.V., Exactech, Inc., Mortise Medical, Inion Oy, Paragon 28, Inc and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Syndesmosis Implant Systems Market.
Key Takeaways from Syndesmosis Implant Systems Market Study
- In terms of product, titanium-based plate implants hold a maximum share in the syndesmosis implant systems market due to their established position in this space.
- By application, ankle fractures dominate with more than 50% of market share and a CAGR of 8%. This is attributed to high incidence of ankle fractures across regions.
- In terms of end user, ambulatory surgical centers is the leading segment with a market share of 48.5%. This is due to the shift of orthopaedic surgeries from hospitals to ambulatory surgical centers, as a result of better patient satisfaction and improving patient outcomes.
- North America generated the highest revenue share of 41.2% and the syndesmosis implant systems market in the region will expand at a CAGR of 8% during the forecast period, due to the presence of prominent players in this region. Europe is the 2nd-most lucrative regional market with a market share of 31.4%.
- The COVID-19 pandemic is having a negative impact on the global syndesmosis implant systems market. The outbreak has led to delaying of non-essential medical procedures, which, in turn, has reduced revenue generation of the syndesmosis implant systems market.
“Rising burden of foot & ankle fractures is expected to boost the growth of the syndesmosis implant systems market over the coming years,” says a PMR analyst.
Industry Consolidation & Expansion of Product Portfolio – Key Strategies Adopted by Players
Manufacturers in the syndesmosis implant systems market aim to expand their geographical horizon and satisfy unmet needs of the patient population through acquisitions. For example, in November 2019, Exactech, Inc. acquired its independent distribution partner, Exactech Italia S.p.A. This enabled the company to strengthen its distribution channel and expand its presence in new regions.
In addition, companies are constantly focusing on product innovation by strengthening their R&D expenditures. Moreover, manufacturers are laying increased attention on designing products, adopting new product development strategies, and conducting strict quality control checks in order to develop products that will enhance their presence in the global syndesmosis implant systems market.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Syndesmosis Implant Systems Market Manufacturers
Syndesmosis Implant Systems Market Distributors/Traders/Wholesalers
Syndesmosis Implant Systems Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Syndesmosis Implant Systems Market – Report Highlights
- A detailed overview of parent market of Syndesmosis Implant Systems Market
- Changing Syndesmosis Implant Systems Market dynamics in the industry
- In-depth segmentation of the Syndesmosis Implant Systems Market
- Historical, current, and projected Syndesmosis Implant Systems Market size regarding volume and value
- Recent industry trends and developments in Syndesmosis Implant Systems Market
- Competitive landscape of the Syndesmosis Implant Systems Market
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Syndesmosis Implant Systems Market performance
- Must-have information for Syndesmosis Implant Systems Market players to sustain and enhance their market footprint
Key Questions Answered in the Syndesmosis Implant Systems Market Report
How is the Syndesmosis Implant Systems Market expected to grow over the projected period?
What direction is the Syndesmosis Implant Systems Market expected to take in terms of volume and value during the forecast period?
What is the impact of macroeconomic factors on the Syndesmosis Implant Systems Market in future?
What are the key market drivers in the Syndesmosis Implant Systems Market?
What are significant opportunities and improvement areas for Syndesmosis Implant Systems Market manufacturers?
What are the key developments and trends taking over the Syndesmosis Implant Systems Market?
Which are the emerging countries that are expected to create significant growth opportunities in the Syndesmosis Implant Systems Market?
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