Orthopedic Devices are used to treat the disorders and injuries of the musculoskeletal system of human body. A Wrist Replacement is a surgical intervention in which a damaged wrist joint is replaced with an artificial joint, also known as a prosthesis. GlobalData uses proprietary data and analytics to provide a comprehensive report on the wrist replacement devices market, including market shares of different players within Canada. Buy the latest report here.
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In 2023, GlobalData’s Market Model methodology determined that the leading player in the wrist replacement market in Canada was Smith & Nephew followed by KLS Martin and Stryker.
The wrist joint connects the two forearm bones, the radius and ulna, with the bones of the hand, allowing for bending and twisting of the wrist. It includes Total Wrist Replacement and Ulnar Head Replacement. Total Wrist Replacement is a surgery performed for diseased or degenerated components of the carpals at the wrist joint which are surgically replaced with artificial materials (implants). Ulnar Head Replacement is a surgical intervention whereby the damaged parts of the lower end of the ulnar bone are replaced with an artificial implant.
The value of the wrist replacement devices market within Canada was expected to be over $1m in 2023.
For the latest complete market share analysis of wrist replacement device market in Canada, buy the report here.
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GlobalData, the leading provider of industry intelligence, provided the underlying data, research, and analysis used to produce this article.
The medical devices pipeline data used in this article were obtained from the Medical Pipeline Products Database of GlobalData’s Medical Intelligence Center. Pipeline Products database is a comprehensive source of information on medical devices, it covers 39K products which are in development stage and intended for diagnosis, treatment, and management of diseases/conditions/symptoms directly or indirectly. The pipeline products included in the database are sourced from reliable and authenticated sources, such as company websites, SEC filings, conference presentations, analyst presentations, news releases, clinical trial registries, and grants. The information is collected by following systematic research techniques and proprietary methodology.
