Joint Reconstruction Devices Market Is Projected To Witness Growth Based On Growing Prevalence Of Orthopedic Conditions Till 2025:Grand View Research,inc.
The global joint reconstruction devices market is
expected to reach USD 30.4 billion by 2025, according to a new report by Grand
View Research, Inc. High adoption of minimally invasive surgeries across the
globe has given rise to technological advancement in surgical devices and
procedures. In addition, growing prevalence of joint-related conditions and
changing therapeutic approaches are expected to boost the market growth.
The joint reconstruction devices
market is largely dependent on technological development. Ongoing studies on
improving robotically-assisted surgeries and bionic implants are expected to
play a pivotal role in the development of total joint replacement surgeries
market. These advancements are expected to help in complex surgeries to improve
success rate of these procedures and increase patient convenience.
A major share of the joint
reconstruction market is captured by large joints. Knee and hip joint
reconstruction together captured more than half of the revenue share in 2016.
The prevalence of conditions related to these two joints is higher as compared
to other joints due to overuse. Treatment of conditions related to these joints
is crucial to recover the mobility of patients. Thus, a significant amount of
funds are invested in R&D of large joint reconstruction techniques.
Browse full research report on Joint Reconstruction
Devices Market: http://www.grandviewresearch.com/industry-analysis/joint-reconstruction-devices-market
Further key findings from the report suggest:
- Joint replacement techniques captured the largest
share in 2016 and is expected to maintain dominance throughout the
forecast period. High procedural volume and high price of implants are
anticipated to drive growth.
- Development of operating techniques, allografts, and
synthetic bone grafts are expected to boost growth of the bone graft
segment. The segment is further divided into allograft and synthetic
sub-segments.
- The knee segment is expected to dominate the market
throughout the forecast period. Availability of a large number of
treatment options and introduction of innovative surgical techniques are
expected to drive the growth of the segment.
- Developing economies, increased foreign direct
investment, rising demand, and emergence of local players are factors that
are expected to render fastest growth in the Asia Pacific region.
- Key players of the market include Medtronic;
Nuvasive, Inc.; Zimmer Biomet; Stryker; DePuy Synthes; Aesculap Implant
Systems, LLC; Smith and Nephew; CONMED Corporation; and DJO Global, Inc.
Browse more reports of this category by Grand View
Research: http://www.grandviewresearch.com/industry/medical-devices
Grand View Research has segmented the global joint
reconstruction devices market on the basis of technique, joint type, and
region:
Joint Reconstruction Devices Technique Outlook (Revenue,
USD Million, 2014 - 2025)
- Joint
replacement
- Implants
- Bone
Graft
- Allograft
- Synthetic
- Osteotomy
- Arthroscopy
- Resurfacing
- Arthrodesis
- Others
Joint Reconstruction Devices Joint Type Outlook (Revenue,
USD Million, 2014 - 2025)
- Knee
- Hip
- Shoulder
- Ankle
- Others
Joint Reconstruction Devices Regional Outlook (Revenue,
USD Million, 2014 - 2025)
- North
America
- U.S.
- Canada
- Europe
- Germany
- U.K.
- Asia
Pacific
- China
- India
- Latin
America
- Brazil
- Mexico
- Middle
East & Africa
- South
Africa
Access Press Release
By Grand View Research: http://www.grandviewresearch.com/press-release/global-joint-reconstruction-devices-market
About Grand View Research
Grand View Research, Inc. is a
U.S. based market research and consulting company, registered in the State of
California and headquartered in San Francisco. The company provides
syndicated research reports, customized research reports, and consulting
services. To help clients make informed business decisions, we offer market
intelligence studies ensuring relevant and fact-based research across a range
of industries, from technology to chemicals, materials and healthcare.
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