Global Limb Salvage Systems Market: Overview
The alternative name for the limb salvage is limb sparing surgery. In the case of the bone tumors, this is the surgical procedure that is mostly preferred so that there are no chances of amputations. In the limb salvage surgery, the functional limb implant is planted in place of the diseased bone. The chances of the limb loss occur when a person has a peripheral vascular disease, major accident, diabetes, cancer tumor, and neuropathy.
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Global Limb Salvage Systems Market: Segmentation
The market for the limb salvage systems is globally fragmented into the application, product type, and end users. Based on the application, the global market is segregated into ligamentous deficiencies, multiple arthroplasties, bone tumors, significant bone loss, and others. Based on the product type, the market is categorized into all-metal prostheses, metal prosthesis, and allograft. The metal prosthesis is further sub-categorized into lower extremity prostheses and upper extremity prostheses. Based on the end user, the market is divided into hospitals, orthopedic and prosthetic clinics, and others.
Global Limb Salvage Systems Market: Growth Factors
At the preliminary stage of the malignancy, the consumers increasingly prefer the limb salvage surgeries to avoid the situation of amputation; this is the key factor that is driving the limb salvage systems market. The factors such as a rise in the incidences of trauma cases and the increasing prevalence of soft tissue sarcomas, bone tumors, and peripheral vascular disease are contributing significantly to the revenue growth of the limb salvage systems market. In addition to this, the rise in the healthcare expenditure, and the increase in the insurance coverage area are also some other factors that are driving the limb salvage systems market as the number of patients that are opting for the limb sparing procedures have increased tremendously. The market vendors are getting a lot of opportunities in the market due to the wide availability of the advanced limb salvage systems thus driving the limb salvage systems market. The factors that will hamper the market growth is the post-operative complications that occur such as discrepancy in the limb length, contractures, no complete healing of the bones, and prosthetic loosening.
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Global Limb Salvage Systems Market: Regional Analysis
The geographical diversification of the market for limb salvage systems is given as the Middle East & Africa, Western Europe, Eastern Europe, North America, Latin America, and Asia Pacific. The dominant market for limb salvage systems is North America. The factors that are contributing to this growth are the increasing awareness levels among the patients regarding the surgeries of limb sparing, the rise in the spending for the healthcare, and the increasing investments in the research and development activities. In Asia Pacific region, the market for limb salvage systems is growing with a good speed owing to the increasing cases of the bone tumors in this region.
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Global Limb Salvage Systems Market: Competitive Players
The key market players that are involved in the limb salvage systems market include Onkos Surgical, Wright Medical Group N.V., Zimmer Inc., Biomet, Inc., Hanger Inc., and others.
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