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Major Orthopedic Joint Replacement Implants Market Insights, 2020-22 | Outlook, Share And Development Trends | Global Industry Research Report
The global major orthopedic joint replacement implants market reached a value of nearly $16.6 billion in 2017, having grown at a compound annual growth rate (CAGR) of more than 3% since 2013.
The Key drivers of the major orthopedic joint replacement implants market include:
Launch of New Implants - The launch of new replacement implants coupled with the latest technologies have increased the potential for major orthopedic replacement implants during the historic period. Companies are integrating new technologies into their products improving the efficiency of joint arthroplasty surgery.
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Major Orthopedic Joint Replacement Implants Market Segmentation
The Major Orthopedic Joint Replacement Implants market is segmented by type of joint and by geography
By Joint Type - The major orthopedic joint replacement implants market is segmented by joint type into
1) Knee Replacement Implant
2) Hip Replacement Implant
Knee Replacement Implant had the highest growth rate of nearly 4% during the historic period.
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By Geography - The major orthopedic joint replacement implants market is segmented into
1. North America
2. Western Europe
3. Asia Pacific
4. Eastern Europe
5. South America
6. Middle East
7. Africa
Some of the major key players involved in the major orthopedic joint replacement implants market are
1. Zimmer Biomet
2. Depuy Syntes
3. Stryker
4. Smith & Nephew
5. Aesculap
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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.
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