Joint Reconstruction Devices Market Analysis Report, 2018 to 2025
by Susan Hill Business ConsultantThe 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.
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.
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 full research report on global joint reconstruction devices market:
http://www.grandviewresearch.com/industry-analysis/joint-reconstruction-devices-market
Sponsor Ads
Created on Jul 2nd 2019 07:58. Viewed 326 times.