Now Available through the PearlDiver Store:
U.S. Fracture Treatment Volumes – a listing of all procedure volumes related to open, closed, and percutaneous fixation
U.S. Arthroscopic Procedure Volumes – a listing of all arthroscopic procedure volumes for each musculoskeletal area
click here to view the PearlDiver Store
Complimentary Market Data
Updated Information Available through PearlDiver Consulting Services
Extremity Market Share by Company
Extremities Implant Industry Revenue

Source: Company Reports and PearlDiver Research
Extremity Implant Revenue Forecast ($ in millions)
Companies |
2006 |
2007 |
2008 |
2009E |
2010E |
2011E |
2012E |
ArthroCare |
$ 45.5 | $ 54.9 | $ 64.1 | $ 70.2 | $ 78.7 | $ 87.0 | $ 94.5 |
Ascension Orthopedics |
- | $ 14.0 | $ 18.2 | $ 23.1 | $ 30.2 | $ 38.0 | $ 45.6 |
Biomet |
$ 57.5 | $ 66.1 | $ 73.5 | $ 84.1 | $107.4 | $114.2 | $130.8 |
DePuy |
$143.0 | $192.0 | $214.4 | $241.5 | $257.0 | $293.1 | $326.2 |
Exactech |
$ 4.9 | $ 9.5 | $ 16.8 | $ 22.8 | $ 30.1 | $ 37.8 | $ 45.8 |
Stryker |
$ 17.4 | $ 20.7 | $ 21.8 | $ 23.1 | $ 25.2 | $ 27.6 | $ 30.1 |
Tornier |
$100.0 | $124.8 | $140.6 | $157.4 | $184.8 | $216.0 | $248.4 |
Wright Medical |
$ 45.0 | $ 62.3 | $ 88.9 | $107.4 | $124.5 | $157.6 | $186.0 |
Zimmer |
$ 78.0 | $ 104.0 | $121.0 | $135.6 | $150.0 | $151.0 | $162.8 |
Others |
$124.2 | $ 150.7 | $160.7 | $174.5 | $195.8 | $218.5 | $243.2 |
Total |
$615.5 | $799.0 | $920.0 | $1,039.7 | $1,183.6 | $1,340.8 | $1,513.4 |
Source: Company Reports and PearlDiver Research
Extremity Implant Company Market Share
Companies |
2006 |
2007 |
2008 |
2009E |
2010E |
2011E |
2012E |
Arthrocare |
7.4% | 6.9% | 7.0% | 6.8% | 6.6% | 6.5% | 6.2% |
Ascension Orthopedics |
- | 1.8% | 2.0% | 2.2% | 2.6% | 2.8% | 3.0% |
Biomet |
9.3% | 8.3% | 8.0% | 8.1% | 9.1% | 8.5% | 8.6% |
Depuy |
23.2% | 24.0% | 23.3% | 23.2% | 21.7% | 21.9% | 21.6% |
Exactech |
0.8% | 1.2% | 1.8% | 2.2% | 2.5% | 2.8% | 3.0% |
Stryker |
2.8% | 2.6% | 2.4% | 2.2% | 2.1% | 2.1% | 2.0% |
Tornier |
16.2% | 15.6% | 15.3% | 15.1% | 15.6% | 16.1% | 16.4% |
Wright Medical |
7.3% | 7.8% | 9.7% | 10.3% | 10.5% | 11.8% | 12.3% |
Zimmer |
12.7% | 13.0% | 13.2% | 13.0% | 12.7% | 11.3% | 10.8% |
Others |
20.2% | 18.9% | 17.5% | 16.8% | 16.5% | 16.3% | 16.1% |
Total |
100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% |
Source: Company Reports and PearlDiver Research
Reimbursement
| MS-DRG Code |
Definition |
2009 |
2010 |
% Change |
| 469 | Major Joint Replacement of Lower Extremity w/ MCC |
$18,255 |
$18,815 |
3.1% |
| 470 | Major Joint Replacement of Lower Extremity w/o MCC |
$11,140 |
$11,653 |
4.6% |
| 483 | Major joint & limb reattachment proc of upper extremity w CC/MCC |
$12,498 |
$13,016 |
4.1% |
| 484 | Major joint & limb reattachment proc of upper extremity w/o CC/MCC |
$9,685 |
$10,379 |
7.2% |
| 492 | Lower extrem & humer proc except hip, foot, femur w MCC |
$15,347 |
$16,112 |
5.0% |
| 493 | Lower extrem & humer proc except hip, foot, femur w CC |
$9,784 |
$10,066 |
2.9% |
| 494 | Lower extrem & humer proc except hip, foot, femur w/o CC/MCC |
$6,859 |
$7,134 |
4.0% |
| 506 | Major thumb or joint procedures |
$5,684 |
$6,434 |
13.2% |
| 507 | Major shoulder or elbow joint procedures w CC/MCC |
$9,531 |
$10,282 |
7.9% |
| 508 | Major shoulder or elbow joint procedures w/o CC/MCC |
$6,187 |
$7,161 |
15.7% |
| 510 | Shoulder, elbow or forearm proc, exc major joint proc w MCC |
$11,076 |
$12,184 |
10.0% |
| 511 | Shoulder, elbow or forearm proc, exc major joint proc w CC |
$7,436 |
$7,768 |
4.5% |
| 512 | Shoulder, elbow or forearm proc, exc major joint proc w/o CC/MCC |
$5,280 |
$5,690 |
7.8% |
| 513 | Hand or wrist proc, except major thumb or joint proc w CC/MCC |
$7,181 |
$6,892 |
-4.0% |
| 514 | Hand or wrist proc, except major thumb or joint proc w/o CC/MCC |
$4,475 |
$4,405 |
-1.6% |
Source: Center for Medicare & Medicaid Services (CMS)
Ankle Replacement Top Company Independent Surgeon Survey

Source: PearlDiver Research
| Procedure by Indications | 2005 | 2006 | 2007 | 2008 | 2010E | 2011E | 2012E |
| Upper Extremities | |||||||
| Carpal Bone Reconstruction | 19,578 | 21,144 | 22,624 | 23,981 | 26,540 | 28,079 | 29,764 |
| Carpal Tunnel Release | 375,533 | 420,596 | 462,656 | 499,600 | 549,760 | 577,248 | 607,265 |
| Epicondylitis Repair | 37,158 | 39,415 | 41,726 | 44,149 | 48,785 | 52,493 | 56,692 |
| Rotator Cuff Repair | 370,324 | 385,137 | 400,543 | 415,071 | 445,492 | 464,203 | 485,092 |
| Other Shoulder Repair | 14,440 | 16,606 | 19,097 | 21,961 | 27,548 | 30,579 | 34,248 |
| Total Shoulder Replacement | 17,680 | 21,054 | 21,684 | 21,888 | 25,931 | 28,472 | 31,319 |
| Partial Shoulder Replacement | 18,564 | 19,513 | 18,904 | 19,456 | 23,541 | 25,848 | 28,381 |
| Reverse Shoulder Replacement | 2,652 | 4,622 | 10,008 | 15,200 | 22,118 | 26,320 | 31,584 |
| Total | 855,929 | 928,086 | 997,242 | 1,061,306 | 1,169,715 | 1,233,242 | 1,304,346 |
| % Growth | 8.43% | 7.45% | 6.42% | 5.05% | 5.43% | 5.77% |
Source: PearlDiver Patient Records Database and Center for Medicare & Medicaid Services Databases
| Procedure by Indications | 2005 | 2006 | 2007 | 2008E | 2010E | 2011E | 2012E |
| Lower Extremities | |||||||
| Ankle Fusion | 13,120 | 13,418 | 12,782 | 13,668 | 15,055 | 15,473 | 15,839 |
| Triple Arthrodesis | 8,251 | 8,173 | 9,297 | 9,103 | 10,324 | 10,952 | 11,372 |
| Subtalar Fusion | 13,131 | 16,193 | 17,692 | 19,712 | 20,971 | 21,525 | 21,952 |
| Midtarsal Fusion | 14,269 | 17,263 | 17,933 | 21,139 | 22,521 | 23,150 | 23,721 |
| Tarsometatarsal Fusion | 6,057 | 8,743 | 8,286 | 10,058 | 10,704 | 11,029 | 11,389 |
| MTP Fusion | 19,218 | 20,014 | 20,816 | 22,398 | 25,641 | 27,436 | 29,466 |
| Total Ankle Replacement* | 1,449 | 1,223 | 1,694 | 2,024 | 3,334 | 3,600 | 3,925 |
| Total | 75,495 | 85,027 | 88,500 | 98,102 | 108,550 | 113,165 | 117,664 |
| % Growth | 12.63% | 4.08% | 10.85% | 5.09% | 4.25% | 3.97% | |
| *Total Ankle replacement includes revision. | |||||||
Source: PearlDiver Patient Records Database and Center for Medicare & Medicaid Services Databases