Orthopedics

Millennium Research Group's coverage of orthopedic device markets includes reconstructive implants, trauma devices, and other orthopedic devices and procedures. The global reconstructive implant market is one of the most established orthopedic markets and includes large-joint replacement implants for the hip and knee, along with upper and lower extremity implants for the shoulder, digit, elbow, ankle, and wrist. Though joint replacement procedures are typically performed in members of the elderly population, or in those suffering from degenerative joint diseases such as osteoarthritis, innovations in implant design catering to younger, more active patients are contributing to the expansion of overall procedure volumes. The global trauma device market comprises both internal and external fixation devices. Internal fixation devices are used to achieve definitive fixation in fractured bones and include a range of devices such as plates and screws; intramedullary (IM) nails; cannulated screws; hip screws; conventional hip screws; and pins, wires, and cables. In contrast, external fixation devices are often used as a temporary means of achieving fracture fixation in cases where severe tissue damage does not allow for immediate surgical treatment.