Small Joint Reconstructive Implants Market to Witness 5.5% CAGR during 2019–2024

According to the Global Burden of Disease Study, 2017, about 16% of disability cases were a result of musculoskeletal conditions, which is the second-largest cause of global disability. These conditions comprise more than 150 diagnoses that affect the bones, muscles, joints, and associated tissues — collectively referred to as the locomotor system. The most common and disabling musculoskeletal conditions are osteoarthritis and systemic inflammatory conditions, such as rheumatoid arthritis (RA). The prevalence of RA lies between 0.3 and 1%, and the condition more commonly affects females. Further, globally, symptomatic osteoarthritis affects 9.6% men and 18% women over 60 years of age.

Moreover, with aging, numerous changes occur in the cartilage and connective tissue. The joints become less resilient and more susceptible to damage due to the thinning of the cartilage and altering of its components (proteoglycans — supportive structures of the cartilage). This may either lead to osteoarthritis or stiffness in the joints; therefore, elderly people are more susceptible to such conditions as compared to young people. Many European countries, such as Italy, Germany, France, and Spain, are witnessing an increase in the geriatric population. This is resulting in the growing demand for diagnostic techniques and treatments for bone-related disorders. This factor, along with the rising prevalence of musculoskeletal diseases, is contributing to the increasing requirement for small joint reconstructive implants. 

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The highest usage of small joint reconstructive implants was observed in the North American region, among all other regions, such as Middle East & Africa, Europe, Latin America, Europe, and Asia-Pacific (APAC), in the past. This was attributed to the well-established healthcare industry in the region, technological advancements, and high adoption rate of such implants. In the coming time, the fastest growth in demand for small joint reconstructive implants will be registered by the APAC region.

This can be ascribed to the sedentary lifestyle of people and growing incidents of road accidents. The World Health Organization reported that in China, road traffic injuries are the major cause of death of people in the 15–44 age group. Further, India is also witnessing a surge in road accidents, which is adding to the demand for joint implants in the region.