Joint Reconstruction Devices Market Analysis- Size, Share, Growth, Industry Demand, Forecast 2025

May 10, 2018 | Author: | Posted in Health-Fitness, Wealth Building

A research study titled, ā€œJoint Reconstruction Devices Market by Product – Global Industry Analysis and Forecast to 2025ā€ published by Crystal Market Research, states that the joint reconstruction devices market is primarily growing due to advent of advanced extremity reconstruction devices.

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Key Growth factors affecting on Joint Reconstruction Devices Market
The joints are affected by various conditions such as osteoporosis, arthritis, bone degenerative diseases, and gout. Large number of people has being vulnerable to these conditions due to unhealthy diet and sedentary lifestyle. Joint reconstruction is a surgery performed for reconstructing the architecture of a joint for restoring its functions.

Some of the joint reconstruction procedures are total knee replacement, anterior cruciate ligament, and total hip replacement. Hip replacement involves the reconstruction of diseased or damaged parts of the hip joint; while the knee replacement is the reconstruction of damaged knee joint. Almost 90% patients achieve complete relief from pain after knee and hip replacement surgeries.

Elderly people are more prone to joint disorders such as arthritis. As per Arthritis Foundation, in the U.S., in 2016, about 50 million adults have arthritis and this number is projected to reach 67 million by 2030. Moreover, almost 300,000 children have arthritis in the country.

The knee reconstruction devices segment held the major share of the global market in 2016 owing to rising prevalence of arthritis and increase in awareness regarding better hip and knee management. On the other hand, hip reconstruction devices segment is expected to grow at highest rate due to introduction of hip resurfacing and partial knee replacement and growing penetration of existing devices.

Regional outlook of Joint Reconstruction Devices Market
North America occupied the major share of the global market in 2016, due to rising incidences of joint-related conditions, beneficial healthcare policies, and high disposable income. Asia-Pacific region will show the highest growth rate during the forecast period owing to factors such as growing patient population, improved healthcare policies, and increasing adoption of advanced devices.

The key strategy followed by the major players is development of innovative joint reconstruction devices. For instance, in May 2014, DePuy Synthes launched three innovative products (including GLOBAL UNITE Anatomic Shoulder, TRUMATCH Resection Guide, and CORAIL Revision Hip System) for shoulder, knee, and hip replacement, respectively. This helped the company to expand its joint reconstruction portfolio.

Key players operating in Joint Reconstruction Devices Market:
The key players operating in this market are Zimmer Biomet Holdings, Inc., Stryker Corporation, Smith & Nephew plc, DJO Global Inc., DePuy Synthes (a part of Johnson & Johnson), Arthrex, Inc., Aesculap Implant Systems, LLC (a B. Braun company), and Exactech, Inc.

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Key Findings of the Research Study:
Knee reconstruction devices segment dominated the global market in 2016 due to rising prevalence of arthritis and increase in awareness regarding better hip and knee management.

Hip reconstruction devices segment will grow at highest rate owing to introduction of recent procedures such as hip resurfacing and partial knee replacement.

North America held the major share of the overall market in 2016, while Asia-Pacific is projected to witness robust growth during the forecast period.

China and India will contribute to the growth of Asia-Pacific region owing to favorable government policies.
List of Tables
Table 1.Global Joint Reconstruction Devices Market, By Product, 2016-2025 ($Million)
Table 2 Hip Reconstruction Devices Market, By Type, 2016-2025 ($Million)
Table 3 Hip Reconstruction Devices Market, By Region, 2016-2025 ($Million)
Table 4.Primary Hip Replacement Market, By Type, 2016-2025 ($Million)
Table 5.Primary Hip Replacement Market, By Region, 2016-2025 ($Million)
Table 6.Primary Cemented Hip Replacement Market, By Region, 2016-2025 ($Million)
Table 7.Primary Cementless Hip Replacement Market, By Region, 2016-2025 ($Million)
Table 8.Partial Hip Replacement Market, By Region, 2016-2025 ($Million)
Table 9.Revision Hip Replacement Market, By Region, 2016-2025 ($Million)
Table 10.Hip Resurfacing Market, By Region, 2016-2025 ($Million)
Table 11.Knee Reconstruction Devices Market, By Type, 2016-2025 ($Million)
Table 12.Knee Reconstruction Devices Market, By Region, 2016-2025 ($Million)
Table 13.Primary Knee Replacement Market, By Type, 2016-2025 ($Million)
Table 14.Primary Knee Replacement Market, By Region, 2016-2025 ($Million)
Table 15.Primary Cemented Knee Replacement Market, By Region, 2016-2025 ($Million)
Table 16.Primary Cementless Knee Replacement Market, By Region, 2016-2025 ($Million)
Table 17.Partial Knee Replacement Market, By Region, 2016-2025 ($Million)
Table 18.Revision Knee Replacement Market, By Region, 2016-2025 ($Million)
Table 19.Extremities Reconstruction Devices Market, By Type, 2016-2025 ($Million)
Table 20.Extremities Reconstruction Devices Market, By Region, 2016-2025 ($Million)
Table 21.Shoulder Market, By Region, 2016-2025 ($Million)
Table 22.Elbow Market, By Region, 2016-2025 ($Million)
Table 23.Hand and Wrist Market, By Region, 2016-2025 ($Million)
Table 24.Foot and Ankle Market, By Region, 2016-2025 ($Million)
Table 25.Joint Reconstruction Devices Market, By Region, 2016-2025 ($Million)
Continueā€¦

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