Joint Reconstruction Devices Industry Trends, Revenue, Key Players, Growth, Share and Forecast Till 2027

The global Joint Reconstruction Devices Market is expected to reach USD 36.81 Billion by 2027, according to a new report by Emergen Research. The growing incidences of orthopedic and musculoskeletal disorders causing discomfort, weakness, and inflammation in joints like knee, hip, shoulder, and ankle, among others, and the need to treat them is likely to drive the market growth in the forecast period. Moreover, a rise in life expectancy leads to rising cases associated with joint disorders, particularly in developing nations, hence substantially driving the market growth of joint reconstruction devices.

The high use of minimally invasive medicine worldwide has contributed to scientific advancements in medical instruments and procedures. The market for joint reconstruction devices is tied mainly to technological development. A growing number of studies to enhance bionic implants and robotic surgeries are anticipated to play an instrumental role in propelling the market demand.

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The competitive landscape of the Joint Reconstruction Devices market is explored with regards to the production capacity, revenue and market share, product portfolio, strategic business decisions such as M&A, joint ventures, collaborations, product launches, and brand promotion, among others, for each manufacturer operating in the Joint Reconstruction Devices market.

Major Manufacturers Profiled in the Report:

Nuvasive Inc., Aesculap Implant Systems LLC, Stryker, Smith and Nephew, Medtronic, CONMED Corporation, Zimmer-Biomet, DJO Global Inc., DePuy Synthes Companies, and Microport Scientific Corporation, among others.

Key Highlights From The Report

• By type, the ankle type accounted for a revenue of USD 5.69 billion in 2019 in the joint reconstruction devices market and is likely to rise with a CAGR of 6.7% in the forecast period as they are designed to provide patients with faster and longer-term relief, conducted through arthroscopy.
• By technique, the arthroscopy technique is expected to grow with a CAGR of 6.1% in the forecasted period as many of these procedures are conducted under local anesthetics, reducing the overall procedure rate directly related to the rising incidence of the disorders correlated with the joint.
• By application, orthopedic clinic applications are significant contributors to the joint reconstruction devices market, due to the broad population of cases comprising primarily of people recovering from orthopedic disorders as they are surgically implanted, were mostly treated in clinics.
• North America dominated the market for Joint Reconstruction Devices in 2019, due to variables such as the involvement of a vast number of market participants, the increasing incidence of joint diseases, supportive healthcare programs, and high patient disposable income. The North America region held approximately 42.1% of the market, followed by Europe, which contains around 26.0% market in the year 2019

Market Segmentation:

Emergen Research has segmented the global Joint Reconstruction Devices Market on the basis of type, technique, application, and region:

• Type Outlook (Revenue, USD Billion; 2017-2027)
o Knee
o Hip
o Shoulder
o Ankle
o Others
• Technique Outlook (Revenue, USD Billion; 2017-2027)
o Joint replacement
o Osteotomy
o Arthroscopy
o Resurfacing
o Others
• Application Outlook (Revenue, USD Billion; 2017-2027)
o Hospitals
o Orthopedic Clinic
o Ambulatory Surgical Centers
o Others

Regional analysis provided in the report covers the key regions of North America, Europe, Latin America, AsiaPacific, and Middle East & Africa. Additionally, the report offers a country-wise analysis of the Joint Reconstruction Devices industry with respect to the import/export analysis, production and consumption pattern, supply and demand ratio, revenue share, market share and size, and other key aspects.
• North America(U.S.A., Canada)
• Europe(U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific(India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America(Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa(Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Some Fundamental Market Parameters Elucidated in the Report:

Market dynamics: The Joint Reconstruction Devices market report explains the scope of various commercial possibilities over the next few years and further estimates revenue build-up over the forecast years. It analyzes the key market segments and sub-segments and provides deep insights into the market to assist readers in developing vital strategies for profitable business expansion.
Competitive Outlook: The established market players operating in the Joint Reconstruction Devices industry have been listed in this report, with a major focus on their geographical reach and production facilities. To gain a competitive advantage over the other players in the Joint Reconstruction Devices industry, the leading players are focusing more on offering products at rational prices.
Objectives of the Report: The chief aim of the research report is to provide the manufacturers, distributors, suppliers, and buyers engaged in this sector with access to a deeper and improved understanding of the global Joint Reconstruction Devices market.

Table of Content

Chapter 1. Methodology & Sources
1.1. Market Definition
1.2. Research Scope
1.3. Methodology
1.4. Research Sources
1.4.1. Primary
1.4.2. Secondary
1.4.3. Paid Sources
1.5. Market Estimation Technique
Chapter 2. Executive Summary
2.1. Summary Snapshot, 2019-2027
Chapter 3. Key Insights
Chapter 4. Joint Reconstruction Devices Market Segmentation & Impact Analysis
4.1. Joint Reconstruction Devices Market Material Segmentation Analysis
4.2. Industrial Outlook
4.2.1. Market indicators analysis
4.2.2. Market drivers analysis
4.2.2.1. Increasing demand for customized knee implants
4.2.2.2. Rising demand for minimally invasive diagnostic and surgical techniques
4.2.2.3. Unhealthy lifestyle and dietary habits leading to various joint issues
4.2.3. Market restraints analysis
4.2.3.1. The high cost associated with the procedure
4.2.3.2. Increasing awareness about non-surgical methods
4.3. Technological Insights
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.6. Competitive Metric Space Analysis
4.7. Price trend Analysis
4.8. Covid-19 Impact Analysis

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