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Joint Reconstruction Market Will Generate Record Revenue by 2029

11-06-2023 08:23 AM CET | Health & Medicine

Press release from: Orion Market Research

Joint Reconstruction Market Will Generate Record Revenue

Joint Reconstruction Market is anticipated to grow at a considerable CAGR of 5.4% during the forecast period. The key companies across the globe are highly inclined toward the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace. For instance, in March 2019, Corin Group limited signed the agreement to acquire OMNI Orthopaedic Inc. Through the acquisition OMNIbotics, a knee replacement solution by OMNI Orthopaedics Inc. with APEX knee replacement will accelerate Corin's organic growth. 

Apart from this, in December 2020 Zimmer Biomer Holdings Inc. acquired A&E Medical Corporation for $150 million in cash and $100 million cash at payable. The acquisition will comprehend the product portfolio Of Zimmer Biomer Holdings Inc. and will benefit patients, surgeons, and healthcare systems. In April 2021, Stryker announced its national partnership with Minor league Baseball to become Official Smart Robotics Joint Replacement Partner. Additionally,  in January 2021, Smith+Nephew completed the acquisition of the Orthopaedics business of Integra Lifescience Holdings Corp. the acquisition will strengthen Smith +Nephew business by including shoulder replacement, upper and lower extremities portfolio, and a new product line.

Besides, in June 2019, Acumed LLC. acquired Reduction and Association of the Scaphoid and Lunate (RASL) repair system from Radicle Orthopedics. The acquisition expanded the solutions to the surgeons of Acumed LLC. and strengthen its position to deliver comprehensive solutions to address fractures and soft tissue injuries of the hand and wrist.  Additionally, in May 2020, Corin Australia announced a partnership with Rem Systems for orthopedic joint replacement and technology. With this partnership, Corin Group introduced its OPS insight platform for planning hip surgery and robotic knee system to New Zealand. Thus, the mergers & acquisitions, partnerships by the major players, and new and innovative product development in the joint reconstruction market are driving the growth during the forecast period.

To Request a Sample of our Report on Joint Reconstruction Market:  https://www.omrglobal.com/request-sample/joint-reconstruction-market-size

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Joint Type
By Technique

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- Stryker Corp., Zimmer Biomet Holdings, Inc., Medtronic PLC, Ortho Development Corp., and ABS Corp among others 

A full Report of Joint Reconstruction Market is Available @  https://www.omrglobal.com/industry-reports/joint-reconstruction-market-size

Joint Reconstruction Market Report Segment

By Joint Type

Knee
Hip
Shoulders 
Ankle 
Others

By Technique

Joint Replacement
Osteotomy
Arthroscopy
Resurfacing
Arthrodesis

Joint Reconstruction Market Report Segment by Region

North America                                                                                                                                                                            

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America
Middle East and Africa 

Company Profiles

ABS Corp.
Acumed, LLC (A Colson Company) 
Arthrex Inc.
Braun Melsungen AG
Conformis, Inc.
ConMed Corp.
DJO Global, Inc.
Exactech, Inc.
Integra LifeSciences Corp.
Johnson & Johnson Services, Inc.
Microport Orthopedics Inc. 
Ortho Development Corp.
Skeletal Dynamics, LLC
Smith & Nephew PLC
Globus Medical Corning

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/joint-reconstruction-market-size

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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