U.S. Knee Implant Market is Expected to Reach US$7.0 bn by 2024
Browse Market Research Report @ http://www.transparencymarketresearch.com/us-knee-implant-market.html
Hospitals to Remain Key End Users of Knee Implants
Hospitals, ambulatory surgical centers, and specialized orthopedic clinics are the main end users of knee implants in the U.S. The demand for knee implants is much higher from hospitals than other end users. The hospitals segment held a share of more than 43% of the overall demand for knee implants in the country in 2015. With the presence of hospitals in a very large number, this segment is likely to remain the topmost end user of knee implants in the U.S.
Ambulatory surgery centers are also expected to emerge as a lucrative end-use segment for knee implant manufacturers in the U.S. over the next few years. As these centers offer modern health care facilities and emphasize on providing same-day surgical care, including diagnostics and preventive procedures, which has begun to reflect positively on the demand for knee implants from these centers. Apart from this, the shifting preference of patients from hospitals to ambulatory service centers, owing to the after care services, cost-effective care, and minimally invasive surgeries provided by the latter, is also projected to influence the demand for knee implants from these centers in the near future.
Midwest Region to Lead U.S. Knee Implant Market
The U.S. market for knee implants has its presence across the Pacific region, the Mountain region, the South Central region, the Midwest region, the South Atlantic region, and the North East region. The Midwest region has been leading this market, thanks to a number of ambulatory surgical centers present in this region. The increasing uptake of new technologies is also supporting the progress of the market for knee implants in Midwest region.
Fill the Form for an Exclusive Sample of this Report @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=19649
The presence of a large pool of knee implant manufacturers and a widespread distribution channel are likely to maintain the growth pace of this regional market, ensuring its lead over the next few years. Indiana, followed closely by Virginia, has been generating higher revenues than other states in the U.S. The high number of hospitals and the mounting osteoarthritic burden due to the baby boomer population are the key factors propelling these domestic markets in the country.
Led by Johnson & Johnson, Zimmer Biomet Holdings Inc., Stryker Corp., and Smith & Nephew, the U.S. market for knee implants is highly consolidated in nature. The other significant players operating in this market are B. Braun Melsungen AG, Exactech Inc., DJO Global Inc., ConforMIS, OMNIlife science, Inc., MicroPort Scientific Corp., and Arthrex.
Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
This release was published on openPR.
Permanent link to this press release:
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 U.S. Knee Implant Market is Expected to Reach US$7.0 bn by 2024 here
News-ID: 594514 • Views: 196
More Releases from Transparency Market Research
Coconut Oil Market- Positive Long-Term Growth Outlook till 2025
Coconut oil is extracted from dried or tender coconut kernels and is a tasteless and colorless oil. The coconut oil is available in two types based on the extraction- unrefined and refined or virgin oil. Unrefined oil is unbleached and unprocessed and is rarely used in consumption, while virgin oil is used in consumption. Obtain Report Details @ https://www.transparencymarketresearch.com/coconut-oil-market.html The coconut oil market has seen tremendous potential in the personal
Cassava Flour Market: Global Size, Trends, Competitive, Historical and Forecast …
Cassava flour is gaining worldwide recognition as an alternative for wheat flour and other gluten-based flours. It contains more calories in comparison to other flours. Cassava flour is considered as a rich source of starch, which is the main source for carbohydrates and dietary fibers. In the global flour market, the demand for cassava flour is high, owing to its very less content of gluten in comparison to other varieties
Tiger Nuts Market - Growth Prospect and Future Scenario by 2026
The growing demand for healthy, plant-based snacks among consumers has fuelled the growth of tiger nuts in recent years. Tiger nuts are naturally occurring tuberous rhizome of sedge grass known as cyperus esculentus lativum. Tiger nuts do not belong to the nut family, but they have a texture similar to wrinkled crunchy granules. Tiger nuts are natively cultivated and consumed in Egypt and Spain as a part of the Mediterranean
Understanding Impact of COVID-19 on Wound Closure Products Market
The global wound closure products market is a highly competitive market with a high number of global and local players operating in it around the world, states a new market research study by Transparency Market Research. The key players in the market are focusing on the expansion of the product portfolio and the innovations, which is expected to support the growth of the overall market in the next few years.
More Releases for Knee
Global Total Knee Arthroplasty Market Research Report
This report studies the global Total Knee Arthroplasty market status and forecast, categorizes the global Total Knee Arthroplasty market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report Zimmer Biomet Stryker DePuy Synthes Smith and Nephew Aesculap Implants Systems Exactech Medacta MicroPort Scientific
How to avoid Infection after Knee Replacement?
Significant advances in technology and medicine have made it possible for most knee replacements to be successful. However, in a few cases, infection is possible. This is why it is important for patients, scheduled for knee replacement surgery, to be aware of the possibility, prevention and signs of infection so that they can be prepared in advance. Here are a few things to consider about knee replacement surgeries and infections. Risks After
Knee Reconstruction Materials Market - Knee Replacement Surgery Driving the Glob …
This study researches the market size of Knee Reconstruction Materials in United States, European Union and China, presents the Knee Reconstruction Materials production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth
Knee Braces Market Opportunity Analysis, 2018-2026
Knee bracing devices are orthopedic tools that are mainly used for alignment, pain reduction and maintenance of structural and functional characteristics of the knee. Knee braces offer protection to the knees of patients suffering from osteoarthritis as well as are used in the treatment of meniscus injuries. Apart from these, knee braces can be used as safety devices while playing various sports such as running and soccer and are also
Knee Walkers Market Volume Analysis 2016-2026
The modern human society has changed and evolved with time. Modernization of lifestyle and over dependency on gadgets has made the modern human race crippled and it has also taken a heavy toll on the health and lifestyle of an average global citizen who is a part of this never ending rat race. A modern man or a woman is seduced by the glamour and glitter the modern life
Global and Japan Knee Support Market: By Knee Support Category - Open Knee Suppo …
Researchmoz added Most up-to-date research on "Global and Japan Knee Support Market: By Knee Support Category - Open Knee Support & Closed Knee Support" to its huge collection of research reports. The global Knee Support market is valued at XX million USD in 2016 and is expected to reach XX million USD by the end of 2017, growing at a CAGR of XX% between 2016 and 2022. Japan plays an important role