Extremity Products Market - Regional Analysis
North American Market Insights
The Extremity Products market in North America industry is poised to hold largest revenue share of 46% by 2035 impelled by the rising spending in healthcare. As a result, more companies in the region are introducing advanced medical treatments and orthopedic interventions. Moreover, this has also improved access to medical services to meet the need of individuals who are suffering from orthopedic issues. According to estimates in 2o21, U.S. health spending climbed by over 2% to reach around USD 4 trillion, or USD 12,913 per person.
European Market Insights
The Europe Extremity Products market is estimated to be the second largest, during the forecast timeframe led by the increasing mergers and acquisitions. For instance, in January 2021 Smith+Nephew a British multinational medical equipment manufacturing company acquired the Extremity Orthopaedics business of Integra LifeSciences Holdings Corporation to boost its extremities business by combining a complementary shoulder replacement and upper and lower extremities portfolio.
