Artificial Joints Market Rising Demand, Industry Trends & Revenue Growth by the end of 2020-2026 | Aesculap AG, Biomet, Depuy Synthes, DJO Global, Exactech

Reports and Data has added a new research report on the Artificial Joints Market to its consistently extending database. The report is inclusive of the basic numerical data and certified data, which is gathered from certified sources and market experts. It includes and evaluates all the changes and shifts that are observed in the market and its supplementary markets. The provided information can, therefore, be used to improve and strengthen a firm’s standing in the Artificial Joints market.

This report covers the recent COVID-19 incidence and its impact on Artificial Joints. The pandemic has widely affected the economic scenario. This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.

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Influential and dominant players in the Artificial Joints market space:
Aesculap AG, Biomet, Inc., Depuy Synthes (Johnson & Johnson), DJO Global, Inc., Exactech, Inc., Globus Medical, JRI Orthopaedics, Medtronic, Inc., NuVasive, Inc., AK Medical, SAMO, Smith & Nephew, Stryker Corp., Arthrex, Zimmer Holdings.

This can be mainly associated with the growing geriatric population, increasing incidence of osteoarthritis and arthritis which are expected to further accelerate the market growth globally. Based on statistics, rising obese population, increase unhealthy eating habits which in turn result in obesity which tend to develop knee, and hip replacement surgeries are also some of the factors that help to grow the size of the global market.

For the purpose of this study, Reports and Data have segmented the global Artificial Joints Market on the basis of Material, End-User, Application and Region:

Material Outlook (Revenue, USD Million; 2016-2026)
• Cobalt-chromium alloys
• Titanium alloys
• Metal-plastic

End User Outlook (Revenue, USD Million; 2016-2026)
• Prosthetics clinics
• Hospitals
• Rehabilitation centre
• Others

Application Outlook (Revenue, USD Million; 2016-2026)
• Hip and knee
• Ankle
• Wrist
• Shoulder
• Elbow

The Artificial Joints report consists of streamlined financial data obtained from various research sources to provide specific and trustworthy analysis. An in-depth analysis of the market trends of the Artificial Joints industry and how the factors affect its functioning. The factors are segmented into drivers and restraints for increased comprehensibility and understanding. The report also provides a detailed outlook of the Artificial Joints market share along with strategic recommendations, on the basis of emerging segments.

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The regions that have been included in the study are:
Regional Analysis:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

Some major points covered in this Artificial Joints Market report:
1. An excessively meticulous study that helps in segmenting the useful data from the irrelevant.
2. The study has been segmented and sub-segmented into regions, end-users, applications, product types, players according to the influence they exercise in the Artificial Joints market, their strategies, and the potential consumer bases that a new entrant can tap into.
3. In the next section, factors responsible for the growth of the market have been included. This data has been collected from the primary and secondary sources and has been approved by the industry specialists. It helps in understanding the key market segments and their future trends.
4. The participants of this industry who possess and employ influence over the Artificial Joints market are highlighted in the study and their respective strategies to overcome the competition and challenges of the eco-system they perform in.
5. The Artificial Joints market research report also presents an eight-year forecast on the basis of how the market is predicted to grow.

Further key findings from the report suggest
• The artificial joints are designed to replicate the movement of a typical, healthy joint.
• The growing incidences of age-related musculoskeletal disorders are one of the important factors responsible for the market growth globally.
• Musculoskeletal disorders have been the most prevalent disorder that affects the aging population.
• The most common musculoskeletal disorders among the aging population have been fractures, osteoarthritis, osteoporosis, and infections.
• Hip and knee replacements are the most usually performed joint replacements, and it is expected to grow at a CAGR of 4.8% during the forecast period.
• Replacement surgery is suitable for other joints, as well, including the wrist, ankle, shoulder, and elbow.
• The materials are alloys of titanium and cobalt-chromium. The bearing portion of the joint is made of wear-resistant, high-grade plastic.

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In the end, the report covers segment data, including industry segment, type segment, channel segment, etc., as well as the segments’ market size, both in terms of volume and value. In addition, the report mentions client data from different industries, which is vital to manufacturers. The report has been collated with in-depth secondary research, comprehending the market access aspects across various geographies.

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This release was published on openPR.