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.
Full Research Report on Global Joint Reconstruction
Devices Market Analysis:
http://www.grandviewresearch.com/industry-analysis/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.
View more reports of
this category by Grand View Research at: 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
View
Press Release Of This Research Report 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.
For more Information visit us: www.grandviewresearch.com
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