The
global orthopedic implants
market is expected to grow at a CAGR of 4.29% during the forecast
period. Major challenges affecting the growth of the global orthopedic implants
market include high cost of implants coupled with decreasing reimbursements,
limitations and complications associated with orthopedic implant
surgeries, and product recalls.
Orthopedic implantation
procedures are associated with several limitations. TKRs have limited
longevity, and wear out due to osteolysis, component breakage, and loosening of
the implant. Thus, a significant number of young patients undergoing this
procedure will need revision knee surgery at some point in their life.
THA is associated with several limitations such as implant failures, which can
lead to the release of wear particles from the bearing surface of the implant.
The materials used for orthopedic implantation
procedures are also associated with various complications. For instance,
implants made of cross-linked polyethylene can wear out over time, causing
inflammation and bone loss. There can be a loss of more bone tissue due to size
limitations. Such limitations and complications associated with joint
reconstruction/replacement surgeries are limiting the widespread adoption of
joint replacement procedures, which, in turn, is restricting the market growth.
However, despite the challenges, the global orthopedic implants
market is expected to grow in an accelerating momentum.
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