North American Extremity Tissue Expanders Market Analysis (2018-2025) Featuring Mentor Worldwide, Allergan, Sientra, PMT Corporation and Koken - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 25, 2018--The “North America Extremity Tissue Expanders Market Analysis Report By Shape (Round, Anatomical, Rectangular, Crescent), By End Use (Hospitals, Burn Centers), Vendor Landscape, And Segment Forecasts, 2018 - 2025” report has been added to ResearchAndMarkets.com’s offering.
The North America extremity tissue expanders market size is expected to reach USD 79.2 million by 2025, exhibiting a 3.4% CAGR during the forecast period. Increase in number of road accidents and burn-related cases is driving the market. Rising incidence of congenital deformity is also anticipated to boost market demand.
As stated by the Centers for Disease Control and Prevention (CDC) in 2014, annually, around 40 million people in U.S. visit the emergency room because of trauma injuries including burns and severe fractures. Thus, demand for extremity tissue expanders for treatment of patients with severe hand and/or leg injuries resulting from road accidents or trauma is expected to increase in future.
Use of extremity tissue expanders is gaining popularity and has become the preferred treatment option for many congenital defects in adults as well as children. In addition, technological advancements in this field are expected to drive the market. For instance, advanced soft tissue expanders facilitate early closure of surgical or traumatic wounds without the need for further complicated plastic surgery.
Key FindingsRound shaped expanders held the largest share in 2017 owing to the various benefits associated with this shape as well as its wide availability with major companies Anatomical shaped expanders contributed to a limited revenue share in 2017 owing to fewer products available with key manufacturers Hospitals accounted for the largest market share in 2017 because they are considered to be the primary point-of-care for preliminary treatment Burn centers are projected to show significant growth over the forecast period due to surge in burn-related injuries U.S. held the dominant share in 2017 due to increase in number of reconstruction procedures, which are undertaken to improve patients’ physical appearance and self-confidence Canada is anticipated to witness the highest growth over the forecast period owing to presence of a strong distribution network of a large number of medical devices manufacturers and a developed economy
Companies FeaturedMentor Worldwide LLC Allergan PLC Sientra Inc. PMT Corporation Koken Co. Ltd.
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Related Topics:Medical Devices
KEYWORD: NORTH AMERICA
INDUSTRY KEYWORD: HEALTH MEDICAL DEVICES
SOURCE: Research and Markets
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PUB: 09/25/2018 01:02 PM/DISC: 09/25/2018 01:02 PM