Bharatbook.com added a new report on "US Small Joint Implants Market: The Underlying Demand Drivers Remain in Place" which gives the trends shaping and driving the US small joint implants Market.
Online PR News – 26-December-2009 – – US Small Joint Implants Market: The Underlying Demand Drivers Remain in Place
This report is an essential source of data and analysis on the US small joint implants market with complete coverage by categories. The report provides market landscape, competitive landscape and market trends information on two market categories – ankle replacement, digits replacement, elbow replacement and wrist replacement. The report identifies the key trends shaping and driving the dynamism in the US small joint implants market. The report also provides insight on the prevalent competitive landscape and on the emerging players which are expected to bring significant shift in the market standing of the existing leaders. The report also provides valuable insight on the pipeline products within the US small joint implants market. ( http://www.bharatbook.com/detail.asp?id=129537&rt=US-Small-Joint-Implants-Market-The-Underlying-Demand-Drivers-Remain-in-Place.html )
The US Small Joint Implants Market Is Expected To Remain Stable over the Next Seven Years
In 2008, the US small joint implants market, valued at $58.8m in 2008, is forecast to grow by 8.8% over the next seven years to reach $105.9m.The market is expected to be driven by the increasing incidence of arthritis, aging demographics, patient acceptance of small joint implants, and the growing number of younger patients going for small joint replacement. The market is also expected to be driven by technological advancements and improvements in product features.
Elbow Implant Market Remained the Key Growth Segment in the Small Joint Implants Market
The elbow implants market remains the largest market segment, contributing 65.3% to the small joint implants market in the US. In 2008 the elbow implant market was valued at $38.4m, is forecast to grow by 10.9% annually for the next seven years to reach $79.5 m in 2015. The increase in the number of older patients, the increasing incidence of arthritis, and the surgeons’ familiarity with procedures is expected to drive the elbow implants market.
Increase in the Incidence of Arthritis Set to Drive the Small Joint Implants Market
Arthritis has been responsible for a huge percentage of patients undergoing small joint replacements. Obesity is found to result in the early onset of arthritis. The incidence of arthritis has been growing steadily due to an increase in the incidence of obesity and an increase in the population over the age of 65. Deteriorating lifestyle changes due to urbanization that includes a lack of exercise and unhealthy eating habits have brought about this increase in the incidence of obesity. It is also estimated that more than 50% of people over the age of 65 are prone to osteoarthritis. These pools of the aging population, interested in leading an active life, are expected to increase demand for small joint replacement procedures.
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