Skip to main content

Joint Reconstruction Devices Market: Growth, Future Prospects, and Competitive Analysis, 2017 -2025: Credence Research

The latest market report published by Credence Research, Inc. “Joint Reconstruction Devices Market: Growth, Future Prospects, and Competitive Analysis, 2017 -2025” the joint reconstruction devices market was valued at USD 17,619.04 Mn in 2016, and is expected to reach USD 30,286.9 Mn by 2025, expanding at a CAGR of 5.98% from 2017 to 2025. Browse the full report at Market Insights Joint reconstruction devices are a notable part of the orthopedic devices industry. Joint reconstruction includes wide range of treatments such as physiotherapy, pain management and surgeries. Of these, surgeries are the most preferred with maximum recovery and permanent cure. Joint reconstruction surgery is carried out either to repair small part of damaged site such as arthroscopy and osteotomy or carry out complete joint replacement, resurfacing surgery or arthrodesis. Currently there is a growing demand for minimal invasive surgical techniques with maximum recovery in a shorter duration of time. The increase in prevalence of various orthopedic conditions due to disorders like obesity, osteoarthritis, bone degenerative diseases, accidents, growing aged population, change in lifestyle, have increased the patient pool and act as market drivers. According to Centers of Disease Control and Prevention (CDC) data over 30 million have suffered or are suffering from osteoarthritis in USA. As per World Health Organization (WHO) the global prevalence of obesity is accounted to 35%. Joint deformities or fractures can also be accounted to age, often observed in people with aged 65 years and above. As per the International Osteoporosis Foundation 75% of hip, spine and forearm fractures occur in patient around 65 years and above. This growing global prevalence and scenario has created a rising demand for better and newer joint replacement techniques and this could be major drivers to the joint reconstruction devices market in the forecast period 2017-2025. Of all the joint reconstruction type, knee replacement dominates the market. This segment is expected to hold a larger market share even during the forecast period owing to the continuous increase of aged population, obesity and osteoarthritis wherein the knees are affected in majority and also due to greater revenue generated by this segment. North America holds major share in the joint reconstruction devices market owing to high prevalence of geriatric population, obesity, osteoarthritis, favorable healthcare policies, larger pool of industries, constant R&D development and higher economic status of the patients. These factors increase the demand for better therapeutic options and ultimately drive the market. The European joint reconstruction devices market is also on a growing trend owing to the aging population along with rising cases of osteoarthritis, bone degenerative diseases and reduction in the cost of implants. Better economic conditions of patients, increased availability of newer technologies, increasing population and increased demand for better and advanced therapeutic options are the major driving factors for Asia-Pacific regions in the joint reconstruction devices market. Nations such as China and Japan have better healthcare policies as of now and is expected to get better in the forecast period along with continuous R&D would drive this market. In case of developing regions such as Latin America, Middle East and Africa there is a gradual rise in the number of distribution partners to enhance the supplies for such advanced technologies which would in the forecast period create a demand. Market Competition Assessment: The joint reconstruction devices market is observed as the most diversified and competitive market comprising large number of players.  The market is dominated by several players, depending on their major competencies. The key players in this market are Medtronic, Stryker, Aesculap Implant Systems, LLC; Zimmer Biomet , DePuy Synthes, Smith and Nephew, CONMED Corporation, DJO Global, Inc., Nuvasive, Inc., , Tornier, Inc., Corin Group Plc., Exactech, Inc., United Orthopedic Corporation, Japan MDM Inc., Globus Medical, Arthrex Inc. & CONMED Corporation. Browse the full report with ToC at Key Market Movements:
  • Rising prevalence for orthopedic disorders due to several factors has led to an increase in demand for joint reconstruction devices which have better therapeutic outcome and maximum recovery
  • Newer technologies with better therapeutic outcome has reduced the turnover time, given maximum recuperation and thus have reduced hospital costs, hence creating an increase demand for joint reconstruction devices
  • As there is technology advancements in the low-income countries, the demand for joint reconstruction devices in these nations are on a rise
Table of Content Chapter 1. Preface 1.1. Report Scope and Description 1.2. Research Methodology 1.2.1. Phase I-Secondary Research 1.2.2. Phase II-Primary Research 1.2.3. Phase III-Expert Panel Review 1.2.4. Assumptions 1.2.5. Approach Adopted Chapter 2. Executive Summary 2.1. Global Joint Reconstruction Devices Market Portraiture 2.1.1. Global Joint Reconstruction Devices Market, By Joint Type , 2016 (US$ Mn) 2.1.2. Global Joint Reconstruction Devices Market, By Technique , 2016 (US$ Mn) 2.1.3. Global Joint Reconstruction Devices Market, By Geography, 2016 vs. 2025 (Value %)………….. Company Profiles About Us: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we’ve manufactured a firm extraordinarily prepared to this task. Contact: Name: Chris Smith Designation: Global Sales Manager E-mail: Ph: 1-800-361-8290 Web:


Popular posts from this blog

Rigid Plastic Packaging Market – Global Market Size, Share, Trend, Market Growth, Analysis And Industry Forecasts to 2026

The latest market report published by Credence Research, Inc. “Rigid Plastic Packaging Market By Resin Type (Polyethylene, Polyethylene Terephthalate, Polypropylene, Polystyrene, Polyvinyl Chloride, Expanded Polystyrene, Others), By End-use industry (Beverages, Food, Healthcare, Personal Care, Industrial, Others), By Type (Bottles & Jars, Trays, Tubs Cups & Pots, Rigid Bulk Products and Others) and By Region (North America, Europe, Asia Pacific, Latin America, & Middle East & Africa) – Growth, Future Prospects and Competitive Analysis, 2017 – 2025,” the global rigid plastic packaging market was valued at US$ 195.56 Bn in 2016, expanding at a CAGR of 5.7% from 2017 to 2025. Market Insights Rigid plastic packaging possesses features such as lightweight, flexible, and durable, which makes it suitable solution for packaging of products used in different industries such as beverages, food, healthcare, personal care and so on. Rigid plastic packaging products includes bottle…

Global Wound Closure Surgical Products Market is Expected to Reach US$ 26.3 Bn by 2025: Credence Research

The latest market report published by Credence Research, Inc. “Wound Closure Surgical Products Market: Growth, Future Prospects, and Competitive Analysis, 2017 -2025” the wound closure surgical products market was valued at US$ 14.5 Bn in 2016 and is expected to reach US$ 26.3 Bn 2025, expanding at a CAGR of 6.8% from 2017 to 2025. Browse the full report Wound Closure Surgical Products Market: Growth, Future Prospects, and Competitive Analysis, 2017 -2025 report at Market Insights: There is an increase in demand for cost efficient surgical procedures that assist in sealing of tissues and providing complete closure of wounds with total recovery. Wound closure surgical products are available in various forms viz., hemostats, tissue sealants, adhesives, ligating clips, wound closure strips, mechanical stapling device and sutures. Wound closures surgical products are predominantly used for surgical closures which…

Global Automated External Defibrillators Market Projected To Grow At A Significant Rate Of 7.2% From 2017–2025: Credence Research

According to the latest report published by Credence Research, Inc. “Automated External Defibrillators MarketGrowth, Future Prospects and Competitive Analysis, 2017-2025,” the global automated external defibrillators market is projected to grow at a significant rate of 7.2% from 2017-2025. Browse the full report Automated External Defibrillators Market Growth, Future Prospects and Competitive Analysis, 2017-2025 at Market Insights                                                   Automated external defibrillators (AEDs) are portable and lightweight devices that deliver electrical shock to the heart in case of sudden cardiac arrest (SCA). SCA is a condition wherein the heart stops beating unexpectedly, leading to death if not treated at the earliest. According to America Heart Association (AHA), SCA is a leading cause of death globally, accounting for more than 350,000 medical emergencies every year in the …