Worldwide Demand For Joint Reconstruction Devices Is Expected To Increase At A CAGR Of 6% By 2033

Worldwide demand for joint reconstruction devices is expected to increase at a CAGR of 6% from 2023 to 2033. The market for joint reconstruction devices is valued at US$ 32.75 billion in 2023 and is thus expected to reach US$ 58.65 billion by the end of 2033.

Joint reconstruction devices are used for knee replacement, hip replacement, trauma & extremities, ankle replacement, and others. Demand for knee replacement devices is anticipated to rise at a similar CAGR of 6% during the next 10 years. This can be attributed to factors such as the ease of access to trained personnel who can handle knee joint reconstruction devices and procedures.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐅𝐫𝐞𝐞 𝐒𝐚𝐦𝐩𝐥𝐞 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐓𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭:https://www.factmr.com/connectus/sample?flag=S&rep_id=7996?PJ

𝐊𝐧𝐞𝐞 𝐨𝐬𝐭𝐞𝐨𝐚𝐫𝐭𝐡𝐫𝐢𝐭𝐢𝐬 𝐢𝐬 𝐛𝐞𝐜𝐨𝐦𝐢𝐧𝐠 𝐦𝐨𝐫𝐞 𝐜𝐨𝐦𝐦𝐨𝐧, 𝐚𝐧𝐝 𝐝𝐞𝐦𝐚𝐧𝐝 𝐟𝐨𝐫 𝐦𝐢𝐧𝐢𝐦𝐚𝐥𝐥𝐲 𝐢𝐧𝐯𝐚𝐬𝐢𝐯𝐞 𝐬𝐮𝐫𝐠𝐞𝐫𝐢𝐞𝐬 𝐢𝐬 𝐫𝐢𝐬𝐢𝐧𝐠

Minimally invasive surgeries for knee osteoarthritis are becoming increasingly popular as they offer a less invasive alternative to traditional open surgeries. These procedures involve smaller incisions, less tissue disruption, and shorter recovery times. They also reduce the risk of infection and other complications associated with open surgeries.

Minimally invasive surgeries can be used to treat a variety of knee conditions, including osteoarthritis, meniscal tears, and ligament injuries. In addition, these procedures can be used to help relieve pain and improve mobility. As the demand for minimally invasive surgeries continues to rise, more research is being conducted to further improve the safety and efficacy of these procedures.

𝐂𝐨𝐦𝐩𝐞𝐭𝐢𝐭𝐢𝐯𝐞 𝐋𝐚𝐧𝐝𝐬𝐜𝐚𝐩𝐞

The global market dynamics are dependent on big players, which has resulted in a highly consolidated market for joint reconstruction devices. The primary portion of the market is dominated by the top players in terms of market share. Demand for joint reconstruction devices is expected to increase as more major manufacturers and other businesses enter into product launch and collaboration agreements.

• Smith & Nephew announced the commercial introduction of the CORI Surgical System, their next-generation handheld robotics platform, in Japan in February 2022. In contrast to other robotic systems, the CORI Surgical System is smaller and more portable, making it ideal for the congested operating rooms of today.

• In December 2020, Zimmer Biomet Holdings, Inc. announced that it had acquired A&E Medical Corporation, along with the company's entire portfolio of sternal closure devices, including sternal sutures, cable systems, and rigid fixation, as well as a variety of single-use complementary products, including temporary pacing wire and surgical punch.

𝐊𝐞𝐲 𝐂𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐏𝐫𝐨𝐟𝐢𝐥𝐞𝐝:

• B. Braun Melsungen AG
• Johnson & Johnson
• Smith & Nephew PLC
• Stryker Corporation
• Wright Medical Group NV
• Zimmer Biomet Holdings, Inc.

𝐊𝐞𝐲 𝐒𝐞𝐠𝐦𝐞𝐧𝐭𝐬

• By Device :

• Knee Replacement
• Hip Replacement
• Trauma & Extremities
• Ankle Replacement

• By Technology :

• Joint Replacement
• Osteotomy
• Arthroscopy
• Resurfacing
• Arthrodesis

• By Procedure :

• Total
• Partial
• By End User :

• Hospitals
• Ambulatory Surgical Centers
• Orthopedic Clinics

• By Region :

• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• MEA

𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐧𝐚𝐢𝐫𝐞 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐫𝐞𝐩𝐨𝐫𝐭 𝐢𝐧𝐜𝐥𝐮𝐝𝐞:

• How the industry has grown?
• What is the present and future outlook on the basis of region?
• What are the challenges and opportunities?
• Why the consumption in region?
• In which year segment is expected to overtake segment?

𝐆𝐞𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 𝐨𝐧 𝐭𝐡𝐢𝐬 𝐑𝐞𝐩𝐨𝐫𝐭 𝐟𝐨𝐫 𝐒𝐩𝐞𝐜𝐢𝐟𝐢𝐜 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐒𝐨𝐥𝐮𝐭𝐢𝐨𝐧𝐬:https://www.factmr.com/connectus/sample?flag=RC&rep_id=7996?PJ

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