Joint Reconstruction Market Comprehensive Review of its Top Companies - P&S Intelligence

The number of younger aged patients in need of revision and partial joint replacement procedures are expected to influence the growth of global joint reconstruction market. A broadening patient base, which includes younger patients below 55 years of age and elderly patients exceeding the age of 80, are anticipated to increase the demand of hip and knee replacement procedures.

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The global joint reconstruction market can be categorized into hip Implants, knee Implants, and trauma and extremities (such as wrists, ankles, shoulders and elbows). The joint reconstruction market accounts for the largest share in the orthopedic devices market. The high rate of obesity among people has a high impact on growth of the joint reconstruction market. Obesity is the main cause of knee arthritis resulting in weakening of an individual's health and excessive fat accumulation. People in the highest group of body weight are at up to ten times the risk of developing knee osteoarthritis, than those in the lowest group.

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The growing demand of minimally invasive techniques in joint reconstruction and awareness about the benefits associated with joint reconstruction surgeries, are some of the other significant factors driving the growth of global joint reconstruction market.

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Key factors fuelling the growth of joint replacement surgeries in Asia-Pacific are, increasing number of trained joint replacement surgeons, sedentary lifestyle, aging population, rising health care expenditure, medical tourism and improved healthcare infrastructure. In the U.S., hip and knee replacements are the most commonly performed joint replacements. The American Joint Replacement Registry (AJRR) has been making tremendous progress towards its goal of becoming the first comprehensive national hip and knee orthopedic implant registry in U.S.
On the other hand, alternative treatment options available for joint replacement are the major factors restraining the growth of global joint reconstruction market.

DePuy Synthes, Smith & Nephew PLC, Stryker, Tornier, Inc., Wright Medical Technology, Inc. and Zimmer Biomet Holdings, Inc. are some of the major competitors in the global joint reconstruction market.

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