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.
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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.
Read Our Blog: http://www.grandviewresearch.com/blogs/healthcare
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
- US.
- Canada
- Europe
- Germany
- UK.
- Asia Pacific
- China
- India
- Latin America
- Brazil
- Mexico
- Middle East & Africa
- South Africa
Browse Press Release of this Report: 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: www.grandviewresearch.com
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