Press release
Knee Arthrodesis Implant Market to Witness Growth Acceleration During 2017 – 2027
Report Overview: https://www.futuremarketinsights.com/reports/knee-arthrodesis-implant-market
Knee Arthrodesis Implant Market: Drivers and Restraints
The growth of global knee arthrodesis implant market is attributed to the growing incidence orthopedic disease, growing number of joint reconstruction and pain management surgeries. In addition, the rising number of geriatric population with joint pains, bone disorders and damage joints is contributing towards the market growth. However, the knee arthrodesis is no more limited to geriatric population, sedentary lifestyle and failed reconstruction surgeries leads to the increase in number of knee arthrodesis. Moreover, increasing popularity of minimally invasive surgeries is one of the prime factors responsible for the market growth. On the other hand, several product recall and associated complication are likely to hinder the market to certain extent. Additionally, stringent government regulations of minimally invasive Knee arthrodesis implant limits the market growth.
Knee Arthrodesis Implant Market: Overview
Development of advanced but low cost knee arthrodesis implant will pave the road for new entrants. The upcoming research and development activities will open a new avenue and extraordinary opportunities for knee arthrodesis implant manufacturing companies. The cost of knee arthrodesis implant is currently high owing to incorporation of advanced technologies and complex consumer’s requirements. However, many Chinese manufacturers are now coming up with the low cost devices. Thus, the price of these devices is expected to decrease as compared to the branded products in coming years.
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Knee Arthrodesis Implant Market: Region-wise Outlook
Geographically, the global knee arthrodesis implant market is segmented into regions namely, North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific Excluding Japan, Japan, Middle East and Africa. Among all the regions, North America would dominate the global knee arthrodesis implant market and is anticipated to lead the marker throughout the forecast period. Asia-Pacific is expected to be the most lucrative knee arthrodesis implant market due to the growing incidences of joint dislocation and other related orthopedic disorders and increasing adoption of minimally invasive joint reconstruction surgeries.
Knee Arthrodesis Implant Market: Key Players
Key players operating in the global knee arthrodesis implant market are Zimmer Biomet Holdings Inc, Smith & Nephew, Stryker Corp, B. Braun Melsungen AG, MicroPort Scientific Corp, Exactech Inc, DePuy Synthes, Merete GmbH, and Wright Medical Group, Inc, among others.
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