Joint Reconstruction Devices Market Share, Top Key Players, Growth, Trend and Forecast Till 2027

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The factors projected to drive the market during the forecast period are global demand for minimally invasive diagnostic and surgical procedures, rising prevalence of orthopedic diseases and increasing patient base with expanding population

Emergen Research latest document, titled ‘Global Joint Reconstruction Devices Market - Forecast to 2027,’ is one of the most sought-after market reports involving an in-depth analysis of the global Joint Reconstruction Devices market. The report’s authors have offered necessary details on the latest Joint Reconstruction Devices market trends and the crucial parameters impacting both short-term and long-term market growth

The report also covers the influence of the COVID-19 pandemic on the Joint Reconstruction Devices market. The pandemic has dynamically affected all aspects of life on a global scale along with drastic changes in the economy and market conditions. The report covers the currently fluctuating market scenario along with present and future assessment of the COVID-19 impact. The report encompasses the historical data, company overview, financial standing, and necessary information about the new and key players of the market.

 

Key participants include Nuvasive Inc., Aesculap Implant Systems LLC, Stryker, Smith and Nephew, Medtronic, CONMED Corporation, Zimmer-Biomet, DJO Global Inc., DePuy Synthes Companies, and Microport Scientific Corporation, among others.

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Furthermore, the report is attuned with the latest market changes and economic landscape with regard to the currently unfolding COVID-19 pandemic. The crisis has affected the demand and supply pattern, as well as the trends of the industry. It has also brought an economic slowdown that has affected the business of the key manufacturers of the industry. The report estimates the impact of this crisis on the current scenario and future prospects and provides a post-COVID market scenario.

By application, orthopedic clinic applications are significant contributors to the joint reconstruction devices market, due to the broad population of cases comprising primarily of people recovering from orthopedic disorders as they are surgically implanted, were mostly treated in clinics.

North America dominated the market for Joint Reconstruction Devices in 2019, due to variables such as the involvement of a vast number of market participants, the increasing incidence of joint diseases, supportive healthcare programs, and high patient disposable income. The North America region held approximately 42.1% of the market, followed by Europe, which contains around 26.0% market in the year 2019

The growing incidences of orthopedic and musculoskeletal disorders causing discomfort, weakness, and inflammation in joints like knee, hip, shoulder, and ankle, among others, and the need to treat them is likely to drive the market growth in the forecast period. Moreover, a rise in life expectancy leads to rising cases associated with joint disorders, particularly in developing nations, hence substantially driving the market growth of joint reconstruction devices

A growth in the population of elderly people in the countries in the APAC region including China, India, South Korea, and Japan would raise demand for joint reconstruction devices. The APAC region is experiencing a considerable rise in the population of people aged more than 65 years, thus requiring frequent usage of joint replacement devices attributed to the aging bone tissues..

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The latest report is the most recent study that offers 360° coverage of the Joint Reconstruction Devices industry that has been facing the brunt of the adverse economic impact of the COVID-19 outbreak since the beginning of this year. The global health crisis has affected nearly every aspect of the business vertical and led to massive disruptions to the global Joint Reconstruction Devices market demand and supply chains. Researchers draw predictions for the market scenario in the post-COVID era. The report, additionally, assesses the present market situation and estimates its future outcomes, keeping in mind the impact of the pandemic on the global economic landscape.

Emergen Research has segmented the global Joint Reconstruction Devices Market on the basis of type, technique, application, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)

  • Knee
  • Hip
  • Shoulder
  • Ankle
  • Others

Technique Outlook (Revenue, USD Billion; 2017-2027)

  • Joint replacement
  • Osteotomy
  • Arthroscopy
  • Resurfacing
  • Others

Application Outlook (Revenue, USD Billion; 2017-2027)

  • Hospitals
  • Orthopedic Clinic
  • Ambulatory Surgical Centers
  • Others

Regional Outlook (Revenue, USD Billion; 2017-2027)

  • North America
    1. US.
    2. Canada
  • Europe
    1. Germany
    2. UK
    3. France
    4. BENELUX
    5. Rest of Europe
  • Asia Pacific
    1. China
    2. Japan
    3. South Korea
    4. Rest of APAC
  • Latin America
    1. Brazil
    2. Rest of LATAM
  • MEA
    1. Saudi Arabia
    2. UAE
    3. Rest of MEA

Read More: https://www.emergenresearch.com/industry-report/joint-reconstruction-devices-market

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