Report Code: A13392 | Nov 2023 | Pages: NA | ||
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Wrist Replacement Orthopedic Devices Market
Request Now !Wrist replacement is a surgical procedure used to relieve wrist pain and increase joint movement in patients with rheumatoid arthritis. Replacement of damaged cartilage or bone in the wrist joint is referred to as wrist replacement. Moreover, wrist bone is resurfaced with implants made of metal alloy or polyethylene to mimic the functions of a healthy joint. Wrist replacement orthopedic devices are intended to provide additional support to the wrist to avoid complications. This orthopedic device assists in keeping weak joints and limbs at the proper position.
COVID-19 Impact Analysis            Â
COVID-19 is an infectious disease that first emerged in late December in Hubei province of the Wuhan city in China. The virus that causes, severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2), is highly infectious and is transmitted from person to person. Since the outbreak in December 2019, the disease has spread to almost 213 countries around the globe with the World Health Organization declaring it a pandemic on March 11, 2020.
There is an increase has been witnessed in the demand for medical supplies needed for the infected population. Respiratory support devices such as atomizers, life support machines, oxygen generators, and monitors are among the primarily used medical devices in clinical treatment. Moreover, COVID-19 has also resulted in significant increase in the demand for medical supplies such as personal protective equipment including masks, gloves, and protective eyeglasses. The need for medical supplies has increased among both from the healthcare professionals and the civil population for precautionary measures, owing to rise in number of COVID-19 cases worldwide. Manufacturers of these products have an opportunity to profit from this increased demand for medical supplies to ensure appropriate and consistent supply of personal protective equipment in the market. Therefore, COVID 19 is expected to have a significant impact on the wrist replacement orthopedic devices market.
Top Impacting Factors
Market Trend
New Product Launches to Flourish the Market
The FDA approved KinematX, a total wrist replacement orthopedic device developed by Bioengineering Laboratory in 2020. KinematX is an orthopedic device that closely resembles the human wrist structure.
Anika announced FDA clearance for its product WristMotion total arthroplasty for wrist replacement orthopedic device in 2020. This device is used to treat a painful wrist joint.
Key Benefits of the Report
Questions Answered in the Wrist Replacement Orthopedic Devices Market Report     Â
Wrist Replacement Orthopedic Devices Market Report Highlights
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Key Market Players | Alphatec Spine, Inc., Zimmer Biomet, Smith & Nephew plc, Lifesciences, Inc., CONMED Corporation, Stryker, SINTX Technologies, Inc., DJO Global, Inc., Globus Medical, Wright Medical Group N.V., Exactech, Inc., Johnson and Johnson Services Inc., Ossur, Nuvasive, Inc. |
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