The quality of Orthopedic Joint Reconstruction Market research report is at par which gains customer confidence and trust. The business report acts as a perfect window to the Healthcare industry which explains what market definition, classifications, applications, engagements and market trends are. Competitive landscape is studied here in terms of product range, strategies, and future prospects of the key players of the market. To accomplish the same, this market research report offers an insightful market data and information about Healthcare industry to businesses for making better decisions and defining business strategies.
Being a comprehensive market research report, Orthopedic Joint Reconstruction report undoubtedly meets the strategic and specific needs of the business. To structure this excellent report, the blend of best industry insight, practical solutions, talent solutions and latest technology have been used. This market document also evaluates the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The market drivers and restraints have been explained in the report using SWOT analysis. Thus, the dependable Orthopedic Joint Reconstruction Market report presents an in-depth market analysis to prosper in this competitive environment.
The orthopedic joint reconstruction market was valued at USD 17.77 billion in 2021 and is expected to reach USD 24.13 billion by 2029, registering a CAGR of 3.9% during the forecast period of 2022-2029. The “knee” accounts for the largest joint type segment in the orthopedic joint reconstruction market within the forecasted period because there is growing geriatric populace which further increases the old-age disorders such as osteoporosis and arthritis. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Orthopedic joint reconstruction is a procedure that involves the re-establishment of a joint's architecture in order to restore the joint's functionality. The injured joint is removed and replaced with an artificial joint specifically engineered to operate like a natural joint. Some of the most common orthopaedic joint reconstruction surgeries are total hip replacement, anterior cruciate ligament (ACL) reconstruction, and total knee replacement.
Some of the major players operating in the Orthopedic Joint Reconstruction market are:
- Zimmer Biomet (U.S.)
- Stryker (U.S.)
- Johnson & Johnson Private Limited (U.S.)
- Smith+Nephew (U.K.)
- Arthrex, Inc (U.S.)
- Exactech, Inc (U.S.)
- Corin Group (U.K.)
- DJO LLC (U.S.)
- Beijing Chunlizhengda Medical Instruments Co.,Ltd (China)
- Braun Melsungen AG (Germany)
- GROUP FH ORTHO communication (U.S.)
- Limacorporate S.p.a. (Italy)
- Japan MDM, Inc (Japan)
- PETER BREHM GmbH (Germany)
- Exactech, Inc (U.S.)
- United Orthopedic Corporation (Taiwan)
Orthopedic Joint Reconstruction Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Increasing Orthopedic Surgeries
The increasing prevalence of osteoarthritis, rheumatoid arthritis and musculoskeletal ailments across the world is the most significant factor driving the growth for this market. Moreover, the increase in the geriatric population is also further augmenting the demand for joint reconstruction devices. The surge in the adoption of reverse shoulder replacement surgery by patients with wide irreparable rotator tear as they cannot opt for conventional total shoulder replacement is also expected to accelerate the market's overall growth.
Furthermore, the rise in the demand of medical devices, increase in healthcare expenditures and activities by developing markets and the increase in establishments of public health insurance are also expected to fuel market growth. Moreover, the rising awareness among the patients regarding the joint ailments also cushions the market’s growth within the forecasted period. The surging life expectancy specifically in developing economies is also projected to bolster the market's growth.
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Global Orthopedic Joint Reconstruction Market Scope
The orthopedic joint reconstruction market is segmented on the basis of product type, joint type, procedure, technique, biomaterial and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Demineralized Bone Matrix
- Allograft
- Bone Morphogenetic Protein
- Viscosupplementation Products
- Synthetic Bone Substitutes
- Others
On the basis of product type, the orthopedic joint reconstruction market is segmented into demineralized bone matrix, allograft, bone morphogenetic protein, viscosupplementation products, synthetic bone substitutes and others.
Joint Type
- Knee
- Hip
- Shoulder
- Ankle
- Other
On the basis of joint type, the orthopedic joint reconstruction market is segmented into knee, hip, shoulder, ankle and other. The knee segment is projected to dominate the market because there is growing geriatric populace which further increases the old-age disorders such as osteoporosis and arthritis.
Procedure
- Total
- Partial
- Others
On the basis of procedure, the orthopedic joint reconstruction market is segmented into total, partial and others.
Technique
- Joint Replacement
- Implants
- Bone Graft
- Osteotomy
- Arthroscopy
- Resurfacing
- Arthrodesis
On the basis of technique, the orthopedic joint reconstruction market is segmented into joint replacement, implants, bone graft, osteotomy, arthroscopy, resurfacing and arthrodesis.
Biomaterial
- Metallic
- Polymeric
- Ceramic
- Natural
On the basis of biomaterial, the orthopedic joint reconstruction market is segmented into metallic, polymeric, ceramic and natural.
End User
- Hospitals and Ambulatory Centers
- Research and Academic Institute
On the basis of end-user, the orthopedic joint reconstruction market is bifurcated into hospitals and ambulatory centers and research and academic institute.
The complete TOC is available (Including the full TOC, Tables, and Figures, Graphs as well as Chart) @ https://www.databridgemarketresearch.com/toc/?dbmr=global-orthopedic-joint-reconstruction-market
Fundamental Aim of Healthcare Information Technology (IT) Market Report
In the Healthcare Information Technology (IT) Market, every company has goals, but this report focuses in on the most important ones, allowing you to gain insight into the competition, the future of the market, potential new products, and other useful information that can boost your sales significantly.
- Factors influencing the Healthcare Information Technology (IT) Market Size and growth rate.
- Major alterations to the Healthcare Information Technology (IT) Market in the near future.
- Notable Market rivals around the world.
- The Healthcare Information Technology (IT) Market's Future Scope and Product Outlook
- Future-promising emerging markets.
- The Market Presents Difficult Challenges and Threats.
- Sales data and profiles of the world's leading Healthcare Information Technology (IT) Market players
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