Joint Reconstruction Devices And Equipment Market Report, Size, Share Report 2024-2033

"The Business Research Company has recently revised its global market reports, now incorporating the most current data for 2024 along with projections extending up to 2033.

Joint Reconstruction Devices And Equipment Global Market Report 2024 by The Business Research Company offers comprehensive market insights, empowering businesses with a competitive edge. It includes detailed estimates for numerous segments and sub-segments, providing valuable strategic guidance.

The Market Size Is Expected To Reach $31.35 billion In 2028 At A CAGR Of 7.3% :

The joint reconstruction devices and equipment market size has grown strongly in recent years. It will grow from $21.86 billion in 2023 to $23.62 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to advancement in technologies, strong economic growth in emerging markets and rise in healthcare expenditure.

The joint reconstruction devices and equipment market size is expected to see strong growth in the next few years. It will grow to $31.35 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to an increase in joint reconstruction disorders, rapid growth in the geriatric population and increase in joint replacement surgical procedures are expected. Major trends in the forecast period include developing iot enabled solutions for joint reconstruction surgery to carry out procedures without having any human interaction, using artificial intelligence to reduce costs and time, investing in developing in robotics products for joint reconstruction surgery, focusing on merger and acquisition activities for business expansion, and investing in 3d printing technology due to its significant improvement over the traditional joint reconstruction surgery.

Request A Sample Of This Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=2436&type=smp

Joint Reconstruction Devices And Equipment Market Major Segments
The joint reconstruction devices and equipment market covered in this report is segmented -

1) By Product Type: Knee Reconstruction Devices, Hip Reconstruction Devices, Extremity Reconstruction Devices
2) By Application: Arthrodesis, Arthroscopy, Joint Replacement Surgery, Osteotomy, Resurfacing Surgery, Small Joint Surgery
3) By End User: Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers

Key Driver - Expanding Patient Pool With Joint Reconstruction Diseases Fuels Growth In Joint Reconstruction Devices Market

The presence of a large pool of patients in joint reconstruction diseases is driving the market. Patients are preferring joint replacement treatment instead of other treatments for joint diseases, because of increased safety and reliability. The rise in joint reconstruction diseases such as osteoarthritis, knee and hip injury, road accident, cartilage, and labral injury is increasing the patient pool. For instance, osteoarthritis is a common disorder of joints that mainly affects the geriatric population across the globe. This condition can be treated by joint replacement surgeries using orthopedic knee and hip implants surgery According to the Arthritis Foundation, about 67 million people are expected to suffer from arthritis by 2030. This rise in the patient pool for joint diseases is driving the demand for the joint reconstruction devices and equipment market, significantly impacting the market growth.

Customise This Report As Per Your Requirements -
https://www.thebusinessresearchcompany.com/Customise?id=2436&type=smp

Prominent Trend - Innovative Advancements 3D Printing Technology Revolutionizes Joint Reconstruction Devices Market

Major companies in joint reconstruction devices are increasingly investing in 3D printing technology due to its significant improvement over traditional joint reconstruction surgery. This technique uses for reconstructions of bones as a base before the surgery plan so the patient can get a preoperative MRI or CT scan. These features are particularly beneficial for patients in terms of safety concerns, which can affect adherence to treatment regimens. For instance, in August 2022, Exactech, a US-based developer of innovative implants and instrumentation launched their noval total hip arthroplasty system. It comprehensive system that offers a wide range of innovative design features to help surgeons achieve the best possible outcomes for their patients.

Joint Reconstruction Devices And Equipment Market Players
Major companies operating in the joint reconstruction devices and equipment market report are Stryker Corporation, Zimmer Biomet, Johnson & Johnson, Smith & Nephew, Globus Medical, DJO Global Inc., Aesculap Implant Systems LLC, Medtronic, CONMED Corporation, Össur, Allegra Orthopedics, DePuy Synthes, Tornier Inc., Corin Group Plc., Covidien plc, PolyNovo Limited, Exactech Inc., United Orthopedic Corporation, Victrex, Evonik, Royal DSM, Lepu Medical Technology Company (Beijing) Co. Ltd, Yuwell - Jiangsu Yuyue Medical Equipment & Supply Co. Ltd, Shanghai Runda Medical Technology Co. Ltd., GE Healthcare China Co. Ltd., Smiths Medical (Beijing) Co. Ltd., Nuvasive Inc., AAP Implantate AG, Waldemar Link GmbH & Co. KG, Amplitude SAS, Beznoska Company Ltd, Sanatmetal Ltd, Medin a.s., Collagen Matrix Inc., XpandOrtho, Integra Lifesciences, NEOORTHO, Manoel Amaral Baumer, Biomecânica, ORTOBIO, Ortosintese, IMPOL Próteses Ortopédicas, Wright Medical, B. Braun, Meril Life, Zimmer (Shaarani Group), Corin South Africa (Pty) Ltd, Medtronic Africa, EgiFix Medical

View The Full Report Here -
https://www.thebusinessresearchcompany.com/report/joint-reconstruction-devices-and-equipment-global-market-report

Largest And Fastest Growing Region In The Market
North America was the largest region in the global joint reconstruction devices and equipment market in 2023. Asia-Pacific was the second largest market in joint reconstruction devices and equipment market. The regions covered in the joint reconstruction devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The Table Of Content For The Market Report Include:
1. Executive Summary
2. Joint Reconstruction Devices And Equipment Market Report Structure
3. Joint Reconstruction Devices And Equipment Market Trends And Strategies
4. Joint Reconstruction Devices And Equipment Market - Macro Economic Scenario
5. Joint Reconstruction Devices And Equipment Market Size And Growth
…..
27. Joint Reconstruction Devices And Equipment 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 88972 63534
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
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ

Learn More About The Business Research Company
The Business Research Company (www.thebusinessresearchcompany.com) is a leading market intelligence firm renowned for its expertise in company, market, and consumer research. With a global presence, TBRC's consultants specialize in diverse industries such as manufacturing, healthcare, financial services, chemicals, and technology, providing unparalleled insights and strategic guidance to clients worldwide.

This release was published on openPR.