Knee and Hip Replacement Market: Type, Component, Procedure, Material, Surgical Approach, Fixation Material, End User, Geography

Delvens published an exclusive report, titled, "Knee and Hip Replacement Market: Type, Component, Procedure, Material, Surgical Approach, Fixation Material, End User, Geography". The Knee and Hip Replacement Market research report provides comprehensive information on the market offered by the key players. It also provides in-depth information about lucrative emerging markets and analyses penetration across mature segments of the markets. Moreover, the report also offers an in-depth analysis of the global Knee and Hip Replacement Market by identifying key players and their financials. The report also examines the competitive landscape of the Knee and Hip Replacement industry and analyses its impact on the growth of this market over the next few years.

Click Here For a Free Sample + Related Graphs of the Report at: https://www.delvens.com/get-free-sample/knee-and-hip-replacement-market-trends-forecast-till-2028

Key players in the global knee and hip replacement market are Stryker Corp., Depuy Synthesis, Zimmer Biomet, Smith & Nephew, Medtronic Spinal, DJO Global, Integra Lifesciences, Nuvasive Inc., Globus Medical, Wrught Medical, Surgival, Amedica Corp., Arthrex, Orthofix, Aspen Medical Products, Conmed Corp., Corin, Dfine, Exactech, Nuortho Surgical among others

The companies have come up with various promotional activities in from of launch, investment, acquisition, and other, for instance:

In 2017, Stryker Corp has announced the launch of the Mako Robotic-Arm Assisted Total Knee Application at the American Academy of Orthopaedic Surgeons. It would help the surgeons to have a more predictable surgical experience with increased accuracy

In 2019, DJO Global has announced the launch of the first fully sterile, surgeon-controlled leg and retractor holder for Anterior Approach Hip Arthroplasty at AAOS

Hence, tremendous progress has been made over the last decade, and yet a lot more to come in the recent years.

Hip and knee replacement surgeries are two of the most common types of orthopedic procedures, with the aim of improving joint function and reducing pain in patients suffering from arthritis, injury, or other conditions that affect the hip or knee joint. Further, these replacements are common orthopedic procedures that can significantly improve the quality of life for patients suffering from joint damage. There are several different types of hip and knee replacements available, each designed to meet the specific needs of the patient. The choice of the type of replacement depends on factors such as the patient's age, the extent of damage to the joint, and the patient's lifestyle.

Factors Aid Knee and Hip Replacement Market:

The Centers for Disease Control and Prevention (CDC) estimates that by 2040, the number of Americans who will have doctor-diagnosed arthritis will reach 78.4 million, up from 54.4 million in 2013. Several factors such as an aging population, increasing prevalence of osteoarthritis, and a rise in obesity rates have grown the need for these replacement surgeries. Knee and hip replacement surgeries are considered to be highly effective in improving the quality of life of patients suffering from joint damage, as healthcare infrastructure improves and awareness of the benefits of these procedures increases, and as a result, the demand for these surgeries has been steadily increasing over the past few decades and continue to grow in the future as expected in the forecast period.

Regional Analysis:

The North American region holds a significant market for Knee and Hip Replacement Market compared to other regions. Since this region has a larger number of companies focused on developing highly competitive knee and hip replacement implants, increasing the incidence of hip and knee replacement surgery among the population living in the North American region, and rising in approval of new implants from the FDA. Further, growing collaboration and partnerships among leading market players in the region aligned with the growth of the Knee and Hip Replacement market in the coming years.

For Instance, in 2021 the US-based company Zimmer Biomet got approval from the FDA for the marketization of the ROSA hip system for total hip replacement surgery. At the same time, this company made a product Persona IQ in collaboration with the Canada-based company Canary Medical for the total knee replacement procedure. This effective collaboration and new launch have improved the market in the US, of the North American region further propelling the growth of the Knee and Hip Replacement Market as predicted.

Direct Purchase of Knee and Hip Replacement Market Research Report at: https://www.delvens.com/checkout/knee-and-hip-replacement-market-trends-forecast-till-2028

Knee and Hip Replacement Market: Key Findings

The global Knee and hip replacement market is segmented into type, component, procedure, material, surgical approach, fixation material, end-user, and geography.

The type segment is segmented into Hip Replacement and Knee Replacement

The component segment is segmented into Hip Stem System, Ace Tabular Cup Systems, Revision Accessories, Fixed Bearing Implants and Mobile Bearing Implants

Procedure segment is segmented into Total Hip Replacement, Partial Hip Replacement, Hip Resurfacing, Revision Hip Replacement, Total Knee Replacement, Partial Knee Replacement, and Revision Knee Replacement

The material segment is segmented into Metal Alloys, Ceramic Material, and Strong Plastic

The surgical Approach segment is segmented into the Direct Anterior Approach, Anterolateral Approach, Posterolateral Approach, Medial Parapatellar Approach, Midvastus Approach, Subvastus Approach, and Quadriceps Sparing Approach

Fixation Material segment is segmented into Cemented Fixation, Cementless Fixation, and Hybrid Fixation

The end-User segment is segmented into Hospital, Specialty Centers, Orthopedic Clinics and Others

Geographically, the global knee and hip replacement market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Reasons to Acquire

Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends, and factors

Gain authentic and granular data access for the knee and hip replacement market so as to understand the trends and the factors involved behind changing market situations

Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future

In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Make an Inquiry: https://www.delvens.com/Inquire-before-buying/knee-and-hip-replacement-market-trends-forecast-till-2028

Contact Us:

UNIT NO. 2126, TOWER B,
21ST FLOOR ALPHATHUM
SECTOR 90 NOIDA 201305, IN
+44-20-8638-5055
SALES@DELVENS.COM
WEBSITE: https://delvens.com/

About Us:

Delvens is a strategic advisory and consulting company headquartered in New Delhi, India. The company holds expertise in providing syndicated research reports, customized research reports and consulting services. Delvens qualitative and quantitative data is highly utilized by each level from niche to major markets, serving more than 1K prominent companies by assuring to provide the information on country, regional and global business environment. We have a database for more than 45 industries in more than 115+ major countries globally.

Delvens database assists the clients by providing in-depth information in crucial business decisions. Delvens offers significant facts and figures across various industries namely Healthcare, IT & Telecom, Chemicals & Materials, Semiconductor & Electronics, Energy, Pharmaceutical, Consumer Goods & Services, Food & Beverages. Our company provides an exhaustive and comprehensive understanding of the business environment.

This release was published on openPR.