Press release
Total Hip and Knee Replacements Market Size, Share, Growth, Latest Trends, Industry Analysis By 2033
Total Hip and Knee Replacements Market
The Business Research Company offers in-depth market insights through Total Hip and Knee Replacements Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The total hip and knee replacements market size has grown strongly in recent years. It will grow from $20.44 billion in 2023 to $21.68 billion in 2024 at a compound annual growth rate (CAGR) of 6.1%. The growth in the historic period can be attributed to osteoarthritis and joint degeneration, patient awareness and education, healthcare infrastructure development, reimbursement policies, globalization of medical tourism..
The total hip and knee replacements market size is expected to see strong growth in the next few years. It will grow to $26.64 billion in 2028 at a compound annual growth rate (CAGR) of 5.3%. The growth in the forecast period can be attributed to regenerative medicine advances, biocompatible implant materials, value-based healthcare initiatives, personalized medicine approaches, growing demand for joint preservation strategies.. Major trends in the forecast period include technological advancements in implants, minimally invasive techniques, robot-assisted surgery, value-based care and bundled payment models, telehealth and remote patient monitoring..
Get Free Sample Of This Report-
https://www.thebusinessresearchcompany.com/sample.aspx?id=13198&type=smp
Market Segmentation:
The total hip and knee replacements market covered in this report is segmented -
1) By Procedure Type: Total Hip Replacement, Partial Hip Replacement, Revision Hip Replacement, Total Knee Replacement, Partial Knee Replacement, Revision Knee Replacement
2) By Implant Type: Mobile Bearing, Fixed Bearing, Other Implant Types
3) By End-User: Hospitals, Ambulatory Surgical Centers, Orthopedic Clinics, Other End-Users
Major Driver - Rising Sports Injuries Fuel Growth In Total Hip And Knee Replacement Market
An increase in the number of sports injuries is expected to propel the growth of the total hip and knee replacement market going forward. Sports injuries refer to a range of physical injuries that occur as a result of participating in various athletic activities or sports, and these injuries affect different parts of the body, including muscles, bones, tendons, ligaments, and joints. High-impact or repetitive sports injuries, including torn ligaments, cartilage damage, and fractures, necessitate joint replacement surgery as a long-term solution for significant damage to the hip and knee joints. For instance, in September 2022, according to the National Safety Council, a US-based public health and safety organization, the number of reported sports and recreational injuries in the US increased by 20% in 2021 and 12% in 2022. Moreover, in 2022, 3.6 million individuals received medical treatment for sports and recreational equipment injuries in emergency departments. Therefore, an increase in the number of sports injuries will drive the growth of the total hip and knee replacement market.
Competitive Landscape:
Major companies operating in the total hip and knee replacements market report are Johnson & Johnson, Stryker Corporation, B. Braun SE, DePuy Synthes Companies, Zimmer Biomet Holdings Inc, Smith & Nephew Plc, Shenzhen Mindray Bio-Medical Electronics Co Ltd, Medtronic Plc, NuVasive Inc, Globus Medical Inc, Wright Medical Group N.V., MicroPort Scientific Corp, Exactech Inc, Beijing Chunlizhengda Medical Instruments, AK Medical Holdings Ltd, Mathys AG Bettlach, Corin Group, Waldemar Link GmbH Co., DJO Global Inc, Groupe Lépine, FH Orthopedics S.A.S, Conformis Inc, Peter Brehm GmbH, Adler Ortho S.R.L, implantcast GmbH
Get Access To The Full Market Report -
https://www.thebusinessresearchcompany.com/report/total-hip-and-knee-replacements-global-market-report
Top Trend - Robotic Innovations Transforming Total Hip And Knee Replacement Surgery
Major companies operating in the total hip and knee replacement market focus on robot-assisted, innovative surgery solutions, such as VELYS, to gain a competitive advantage. VELYS is a robot-assisted advanced medical system in which robotic systems and technology are employed to enhance the precision and accuracy of these orthopedic hip and knee replacement surgeries. For instance, in July 2021, DePuy Synthes Companies, a US-based orthopedic and medical device company, launched the Velys Digital Joint Reconstruction System. It is developed explicitly for utilization in hip and knee replacement surgeries, and it is engineered to be seamlessly compatible with the Attune knee implant. In addition to its advanced planning capabilities, the system aids the surgeon in achieving precise bone cuts and accurately positioning the replacement joint relative to the knee's surrounding muscles, tendons, and ligaments.
The Table Of Content For The Market Report Include:
1. Executive Summary
2. Total Hip and Knee Replacements Market Characteristics
3. Total Hip and Knee Replacements Market Trends And Strategies
4. Total Hip and Knee Replacements Market - Macro Economic Scenario
5. Total Hip and Knee Replacements Market Size And Growth
…..
27. Total Hip and Knee Replacements Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialize in various industries including manufacturing, healthcare, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Total Hip and Knee Replacements Market Size, Share, Growth, Latest Trends, Industry Analysis By 2033 here
News-ID: 3435058 • Views: …
More Releases from The Business research company
Company Registration Service Market Landscape 2025: Forecast Data and Growth Str …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Company Registration Service Market Through 2025?
The market size for company registration services has seen robust growth in the recent past. The market is projected to expand from $10.67 billion in 2024 to $11.55 billion in 2025, exhibiting a compound annual growth…
Comprehensive 2025 Commercial Toilet Partition Market Overview: Trends, Forecast …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Toilet Partition Market Through 2025?
In recent years, the market size for commercial toilet partitions has significantly expanded. The forecast predicts a rise from $1.82 billion in 2024 to $1.95 billion in 2025, with a compound annual growth rate (CAGR) of…
Key Trends Influencing the Growth of the Commercial Insurance For Small And Medi …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Commercial Insurance For Small And Medium-Sized Enterprises (SMEs) Market Through 2025?
The market size of commercial insurance for small and medium-sized enterprises (SMEs) has seen substantial growth over the recent years. A rise from $111.83 billion in 2024 to $119.76 billion in…
Growing Focus On Reducing Greenhouse Gas Emissions Driving The Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Combustion Emissions Analyzer Market Through 2025?
In the past few years, the market size for combustion emissions analyzer has seen robust growth. It is projected to increase from $1.02 billion in 2024 to $1.09 billion in 2025, with a compound annual growth…
More Releases for Replacement
Car Key Replacement Launches Hassle-Free Mazda Key Replacement Services Across A …
Car Key Replacement, one of Australia's most trusted and efficient automotive locksmith service providers, is proud to announce the official launch of its Hassle-Free Mazda Key Replacement Services across all major cities and regional areas in Australia. The company is now offering dedicated and streamlined services for customers in need of fast, affordable, and professional Mazda key replacement-eliminating the long waits and excessive costs often associated with dealerships.
A New Era…
Transcatheter Heart Valve Replacement Market Forecast Report By Type (Transcathe …
Global Transcatheter Heart Valve Replacement Market
The global Transcatheter Heart Valve Replacement (THVR) market is poised for significant growth, with projections indicating an expansion from US$6.34 billion in 2023 to US$17.58 billion by 2032. This represents a robust compound annual growth rate (CAGR) of 11.99% from 2024 to 2032. The market's growth is primarily driven by an aging population, increasing prevalence of cardiovascular diseases, and advancements in minimally invasive procedures.
Transcatheter Heart…
Replacement Stove Knob Market: Increasing Demand for Replacement Parts and Acces …
Global Replacement Stove Knob Market Overview:
The Replacement Stove Knob market is a broad category that includes a wide range of products and services related to various industries. This market comprises companies that operate in areas such as consumer goods, technology, healthcare, and finance, among others.
In recent years, the Replacement Stove Knob market has experienced significant growth, driven by factors such as increasing consumer demand, technological advancements, and globalization. This growth…
Knee Replacement Market - Revitalizing Knees: Innovative Technology for Successf …
Newark, New Castle, USA: The "Knee Replacement Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Knee Replacement Market: https://www.growthplusreports.com/report/knee-replacement-market/8037
This latest report researches the industry structure, sales, revenue,…
Hip Replacement Market - Restoring Motion, Reclaiming Life: Hip Replacement for …
Newark, New Castle, USA: The "Hip Replacement Market" provides a value chain analysis of revenue for the anticipated period from 2022 to 2030. The report will include a full and comprehensive analysis of the business operations of all market leaders in this industry, as well as their in-depth market research, historical market development, and information about their market competitors
Hip Replacement Market: https://www.growthplusreports.com/report/hip-replacement-market/7789
This latest report researches the industry structure, sales, revenue,…
Skin Replacement Market Owing to Increased Advancements In Skin Replacement Tech …
According to Precision Business Insights (PBI) latest report the global skin replacement market wa valued at USD 973.2 million in 2021. Though skin replacement is a relatively recent technology in emerging economies, it has been used in affluent countries for several decades. The acceptability of skin substitutes is growing in favour as disposable income and urbanization rise. Low-cost replacements and a lack of clinical backing are likely limiting factors in…
