Press release
Joint Reconstruction Market Will Generate Record Revenue by 2029
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.
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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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