The Global Joint Reconstruction Devices And Equipment Market Report by The Business Research Company covers joint reconstruction devices and equipment market drivers and restraints, joint reconstruction devices and equipment market size, major players, and the impact of COVID-19 on the joint reconstruction devices and equipment market.
The joint reconstruction devices and equipment market consists of sales of joint reconstruction devices and equipment and related services. Joint reconstruction devices and equipment are used in joint reconstruction procedures. These include shoulder replacement, ankle replacement, digit replacement, hip replacement, elbow replacement, knee replacement, and elbow replacement.
Presence of large pool of patients in joint reconstruction diseases is driving the market. Patients are preferring joint replacement treatment instead of other treatments for joint diseases, because of increased safety and reliability.
The global joint reconstruction devices and equipment market is expected to grow from $12.39 billion in 2020 to $16.94 billion in 2021 at a compound annual growth rate (CAGR) of 36.7%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $20.89 billion in 2025 at a CAGR of 5.4%.
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Some joint reconstruction devices and equipment market trends include 3D printing technology. Companies in the joint reconstruction devices are increasingly investing in 3D printing technology due to its significant improvement over the traditional joint reconstruction surgery. This technique uses for reconstructions of bones as a base before surgery plan so the patient can get a preoperative MRI or CT scan. These features are particularly beneficial for patient in terms of safety concerns, which can affect adherence to treatment regimens.
Global joint reconstruction devices and equipment market segments include:
1) By Product Type: Knee Reconstruction Devices, Hip Reconstruction Devices, Extremity Reconstruction Devices.
2) By Application: Arthrodesis, Arthroscopy, Joint Replacement Surgery, Osteotomy, Resurfacing Surgery, Small Joint Surgery.
3) By End User: Hospitals, Orthopaedic Clinics, Ambulatory Surgical Centers.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Joint Reconstruction Devices And Equipment Global Market Report 2021: COVID 19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides joint reconstruction devices and equipment market overviews, analyzes and forecasts market size, share, joint reconstruction devices and equipment market players, joint reconstruction devices and equipment market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The joint reconstruction devices and equipment market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Joint Reconstruction Devices And Equipment Global Market Report 2021: COVID 19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Smith & Nephew , Stryker, Zimmer Biomet, B. Braun Melsungen, Wright Medical Group, DePuy Synthes (a part of Johnson & Johnson), Johnson & Johnson, Aesculap Implant Systems, Inc., Arthrex, Inc., CONMED Corporation, Corin Group PLC, DJO Global Inc, Integra LifeSciences Corporation, Medtronic PLC, NuVasive, Inc, OMNI life science, Inc, Exactech, Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Joint Reconstruction Devices And Equipment Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Joint Reconstruction Devices And Equipment Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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