Endoprosthesis Market Will Reach USD 65,997.9 Million by 2030 | P&S Intelligence

The endoprosthesis market will grow at a rate of 12.1% in the near future, to reach USD 65,997.9 million by 2030. The industry is powered by an increase in the incidence of peripheral vascular ailments and orthopedic illnesses.

Also, a rise in the patient knowledge with regards to the use of prostheses for orthopedic injuries, along with a surge in the frequency of knee and hip osteoarthritis amongst the senior people, will boost the industry in the future.

The knee category had the largest share in the past, and it will grow at a substantial CAGR, of about 13%, by the end of this decade, on the basis of product type.

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The primary knee replacement category had a major share, about 40%, in 2021, and it will grow at pace. For replacing a worn-out knee joint, main knee replacement surgery employments implants as opposed to metal, high-density polyethylene, or ceramics.

In the procedure, the injured shinbone, thighbone, and kneecap or the cartilages are removed and replaced with an artificial joint. People experience main knee replacement surgery as it is easy for them for engaging in daily activities.

Furthermore, osteoporosis and musculoskeletal ailments can all be accomplished with this, as robust knees offer better steadiness and support, therefore declining the possibility of falling.

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APAC had a endoprosthesis market size of over USD 5 billion in the recent past, which will demonstrate a lucrative rate of more than 13%. This will be because of the fact the fact that in the next 5 decades, there will be a considerable increase in the elderly population.

Top Players in Endoprosthesis Market Are:
• Medacta International SA
• Exactech Inc.
• Microport Orthopedics Inc.
• Tipsan
• Baumer SA
• Impol
• LimaCorporate SPA
• Smith and Nephew plc
• Stryker Corporation
• Zimmer Biomet Holdings Inc.

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Due to the increasing prevalence of peripheral vascular diseases and orthopedic illness all over the world, the demand for endoprosthesis is on the rise, and this trend will continue in the years to come as well.

Endoprosthesis Market Size Breakdown by Segment

By Product Type
• Knee
o Primary knee replacement
o Partial knee replacement
o Revision knee replacement
o Tumor
• Hip
o Primary hip replacement
o Partial hip replacement
o Revision hip replacement
o Tumor
• Shoulder
o Primary shoulder replacement
o Revision shoulder replacement
o Tumor
• Elbow
o Total elbow replacement
o Radial head replacement
o Tumor
• Finger/Hand
o Total wrist prosthesis
o Pip finger prosthesis
o MCP finger prosthesis
• Ankle/Foot
By End User
• Hospitals
• Ambulatory Surgical Centers
• Clinics
Geographical Analysis
• North America
o U.S.
o Canada
• Europe
o U.K.
o Germany
o France
o Spain
o Italy
• Asia-Pacific
o China
o India
o Japan
o Australia
o South Korea
• Latin America
o Brazil
o Mexico
• Middle East and Africa
o Saudi Arabia
o South Africa

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