Global Orthopedic Joint Reconstruction Market, By Product Type (Demineralized Bone Matrix, Allograft, Bone Morphogenetic Protein, Viscosupplementation Products, Synthetic Bone Substitutes, Others), Joint Type (Knee, Hip, Shoulder, Ankle, Other), Technique (Joint Replacement, Implants, Bone Graft, Osteotomy, Arthroscopy, Resurfacing, Arthrodesis), Biomaterial (Metallic, Polymeric, Ceramic, Natural), End-User (Hospitals and Ambulatory Centers, Research and Academic Institute), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028.
The orthopedic joint reconstruction market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses the market to grow at a CAGR of 5.74% in the above-mentioned forecast period. Rise in the growth in prevalence of symptomatic osteoarthritis and post-traumatic arthritis because of the rising geriatric population drives the orthopedic joint reconstruction market.
Orthopedic joint reconstruction is defined as a surgery performed for the re-establishment of the architecture of a joint causing to re-instate functioning of the joint. The damaged part of the joint is eliminated to be replaced with an artificially created joint especially designed to function as a natural one. Total hip replacement, anterior cruciate ligament (ACL) reconstruction and total knee replacement are some of the common orthopedic joint reconstruction surgeries.
Rise in the rate of osteoarthritis and rheumatoid arthritis cases across the globe and the technological advancement in orthopedic joint reconstruction sector to enhance the treatments is the vital factor escalating the market growth, also rise in the adoption of reverse shoulder replacement surgery by patients with wide irreparable rotator tear as they cannot opt for conventional total shoulder replacement, rise in the demand of medical devices and increase in healthcare expenditures and activities by developing markets and the increase in establishments of public health insurance are the major factors among others driving the orthopedic joint reconstruction market. Moreover, rise in the research and development activities along with increase in geriatric population will further create new opportunities for orthopedic joint reconstruction market in the forecasted period of 2021-2028.
However, high cost of implants and alternative treatment options is the major factor among others which will obstruct the market growth, and will further challenge the growth of orthopedic joint reconstruction market in the forecast period mentioned above.
The orthopedic joint reconstruction market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the orthopedic joint reconstruction market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Orthopedic Joint Reconstruction Market Scope and Market Size
The orthopedic joint reconstruction market is segmented on the basis of product type, joint type, technique, biomaterial and end-user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the orthopedic joint reconstruction market is segmented into demineralized bone matrix, allograft, bone morphogenetic protein, viscosupplementation products and synthetic bone substitutes and others.
- Based on joint type, the orthopedic joint reconstruction market is segmented into knee, hip, shoulder, ankle and other.
- Based on technique, the orthopedic joint reconstruction market is segmented into joint replacement, implants, bone graft, osteotomy, arthroscopy, resurfacing and arthrodesis.
- Based on biomaterial the orthopedic joint reconstruction market is segmented into metallic, polymeric, ceramic and natural.
- The orthopedic joint reconstruction market is also segmented on the basis of end-user into hospitals and ambulatory centers and research and academic institute.
Orthopedic Joint Reconstruction Market Country Level Analysis
The orthopedic joint reconstruction market is analysed and market size insights and trends are provided by country, product type, joint type, technique, biomaterial and end-user as referenced above.
The countries covered in the orthopedic joint reconstruction market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the orthopedic joint reconstruction market because of the presence of leading manufacturing companies, large number of joint associated incidences and advanced healthcare facilities in the region. Asia-Pacific is estimated to grow in the forecast period of 2020-2027 due to the rise in the massive population, increasing demand for progressive healing alternatives and disposable income.
The country section of the orthopedic joint reconstruction market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure growth Installed base and New Technology Penetration
The orthopedic joint reconstruction market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment’s, installed base of different kind of products for orthopedic joint reconstruction market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the orthopedic joint reconstruction market. The data is available for historic period 2010 to 2019.
Competitive Landscape and Orthopedic Joint Reconstruction Market Share Analysis
The orthopedic joint reconstruction market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to orthopedic joint reconstruction market.
The major players covered in the orthopedic joint reconstruction market report are B. Braun Melsungen AG, BioMedtrix, Corin, Evolutis India Pvt. Ltd., Johnson & Johnson Services, Inc., Limacorporate S.p.a., Mathys Ltd Bettlach, Beijing Chunlizhengda Medical Instruments Co.,Ltd., Biotech GmbH, CeramTec Group, Elite Surgical, Exactech, Inc., GROUP FH ORTHO communication, JRI Orthopaedics Limited, Menix Group, Marle, PETER BREHM GmbH, Stryker, Wright Medical Group N.V., Smith+Nephew and Zimmer Biomet among other domestic and global players. Market share data is available for Global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Orthopedic Joint Reconstruction Market
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