Joint Reconstruction Devices Market: Some of the Major Players Operating in This Industry are Stryker Corporation, Smith & Nephew plc, Aesculap Implant Systems, LLC (a B. Braun company), Zimmer Biomet Holdings, Inc., DePuy Synthes (a part of Johnson & Joh

Industry Trend Analysis
Wide spread adoption of extremity reconstruction devices is primarily contributing to the global joint reconstruction devices’ market growth. This growth is also attributed to factors such as increase in the number of joint disorders such as osteoarthritis and rheumatoid arthritis, increasing geriatric population, increasing prevalence of diabetes, and increasing obese population. Moreover, rise in awareness regarding advantages of small joint reconstruction implants will further contribute to the market growth. Additionally, launch of technologically advanced products such as reverse shoulder implants, stemless shoulder implants, and ankle reconstruction implants are set to drive the growth of this market. On the other hand, complications related to extremity reconstruction surgeries and unfavorable reimbursement structure will restrict the growth of this market.

Product Outlook and Trend Analysis
The knee reconstruction devices segment dominated the global market in 2016. This can be attributed to increase in prevalence of arthritis and increase in awareness regarding availability of better hip and knee reconstruction devices. The hip reconstruction devices segment is expected to grow at highest CAGR during the forecast period. This can be attributed to factors such as emergence of recent procedures such as hip resurfacing and partial knee replacement and increased adoption of existing technologies for hip reconstruction.

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Regional Outlook and Trend Analysis
North America dominated the global joint reconstruction devices market in 2016. This can be attributed to factors such as rising incidences of joint-related conditions, advanced healthcare infrastructure, and beneficial healthcare policies. Asia-Pacific region will exhibit the highest growth rate during the forecast period. Increasing adoption of advanced devices, growing disposable income, and improved healthcare services will ensure the rapid pace of this market. Emerging markets such as China and India are set to further contribute to the market growth.

Competitive Analysis
The key strategy followed by the major players in the market is development of innovative joint reconstruction devices. For instance, in June 2016, Zimmer Biomet launched its enhanced OSS Orthopaedic Salvage System for the treatment of patients suffering from bone loss due to orthopedic trauma, tumor resection, and ligamentous deficiencies.

Some of the major players operating in this market are Stryker Corporation, Smith & Nephew plc, Aesculap Implant Systems, LLC (a B. Braun company), DJO Global Inc., Zimmer Biomet Holdings, Inc., DePuy Synthes (a part of Johnson & Johnson), Arthrex, Inc., and Exactech, Inc.

Market Opportunities
Elderly people are more prone to joint disorders such as osteoarthritis and rheumatoid arthritis. As per Arthritis Foundation, in the U.S., in 2016, about 50 million adults have arthritis and this number is projected to reach 67 million by 2030. Moreover, almost 300,000 children have arthritis in the country. In addition to this, the rapidly aging population will boost the demand for joint reconstruction devices in near future. Such high target population will bring in ample growth opportunities for the key players to develop technologically advanced products.

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Joint Reconstruction Devices Market Segmentation:

By Product:
Hip Reconstruction Devices
Primary Hip Replacement
Primary Cemented Hip Replacement
Primary Cementless Hip Replacement
Partial Hip Replacement
Revision Hip Replacement
Hip Resurfacing

Knee Reconstruction Devices
Primary Knee Replacement
Primary Cemented Knee Replacement
Primary Cementless Knee Replacement
Partial Knee Replacement
Revision Knee Replacement

Extremity Reconstruction Devices
Shoulder
Elbow
Hand and Wrist
Foot and Ankle

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By Region:
• North America
o U.S
o Canada
o Mexico
• Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
• Asia-Pacific
o Japan
o China
o Australia
o India
o South Korea
o Rest of Asia-Pacific
• Rest of the World
o Brazil
o South Africa
o Saudi Arabia
o Turkey
o United Arab Emirates
o Others

Some of the key questions answered by the report are:
• What was the market size in 2016 and forecast from 2017 to 2025?
• What will be the industry market growth from 2017 to 2025?
• What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
• What are the major segments leading the market growth and why?
• Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?

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