Knee Reconstruction Market Revenue is Expected to Reach US$9.4 Bn by 2022
The global knee reconstruction devices market is expected to grow at a robust CAGR during the assessment period 2017 to 2022, and is anticipated to be valued at US$9.4 Bn by 2022 end.
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6 Forecast Highlights on Global Knee Reconstruction Devices Market
North America region poised to dominate the global knee reconstruction devices market as it reflects high lucrativeness for the market growth during the 2017-2022 period and is expected to grow at a CAGR of 6.1%. Asia Pacific excluding Japan (APEJ) shows high potential of growth in the global knee reconstruction devices market
Cementless implants and partial implants segments by product type grow at a similar growth rate, however, cementless implants segment possesses high market share as of 2017 as compared to partial implants segment
Cemented implants by product type dominate the global market with respect to growth rate as well as market share by revenue throughout the 2017-2022 period and this segment is also expected to experience a high gain in the BPS the 2022 end. Cemented implants segment is anticipated to reflect a robust CAGR of 6.4%
Orthopaedic clinics segment by end user reflect highest growth rate during the period of assessment 2017-2022 and is growing at a huge CAGR of 7.1%
Hospitals segment by end user dominate the global market in terms of revenue, however, compared to orthopaedic clinics and ASCs segments, show low growth rate
Trauma segment by indication is poised to be the fastest growing segment and reflects a CAGR of 6.5% during the assessment period. Osteoarthritis segment by indication dominates the market with respect to higher revenue share in 2017 and is more likely to continue dominating the market in the coming years
The report has also profiled key leading players in the global knee reconstruction devices market, which would remain active through 2022. These include players like Tornier Inc., Japan Medical Dynamic Marketing, DJO Global, Exactech Inc., Arthrex Inc., United Orthopedic Corporation, Corin, Smith & Nephew, DePuy Synthes, Stryker Corporation and Zimmer, Inc.
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