Albany, NY -- (SBWIRE) -- 06/13/2016 -- Executive Summary

Improved technological advancement leading to growing demand for Knee and hip replacement services coupled with growing awareness among the population due to rising aging population, obesity and osteoarthritis problem has resulted in the growth of Knee and Hip Replacements market.

Due to the growing problem of osteoarthritis, bone preservation, less healing time and technological advancement like minimally invasive surgeries has led to an increase in the knee & hip replacement market. Countries in emerging economies are increasingly becoming the focus point of the manufacturers given the huge demand for knee and hip replacement surgeries.

View Full Report at http://www.marketresearchreports.biz/analysis/732305

Improvement in technology with increasing prevalence of obesity and diabetes and the inclination of young population has been driving the market. Lack of awareness combined with higher cost of surgery has hampered the growth of the industry. Rising Prevalence Of revision surgeries combined increasing capabilities of implants in emerging nations, leading to medical tourism have grown over the years. Focus has shifted towards the emerging markets like Asia Pacific and South America driven by medical tourism.

Global Knee and Hip Replacements Market is forecasted to grow at a CAGR of 5.15% during 2016 2021F, driven by rising clinical education among the patients, rising demand from the aged population, increasing prevalence of obesity and diabetes and technological innovation. Rising disposable incomes has resulted in increasing per capita healthcare expenditure which has further led to growing focus towards healthcare, hence, building the need for knee and hip replacement surgeries specifically among the adult population. While the market has witnessed strong foothold in the regions of Europe and North America, rapid growth for knee and hip replacement is expected to be driven by the emerging nations in Asia Pacific and Latin America through India and China.

According to Azoth Analytics research report, Global Knee and Hip Replacements Market (By Type, By Material, By Fixation Procedure, By Approach): Opportunities and Forecasts (2016-2021): Opportunities and Forecasts (2016-2021), Global Knee and Hip Replacements market is projected to exhibit a CAGR of over ~5.15% during 2016 - 2021. On the basis of market segment, the market has been segmented into two categories namely; Knee replacements and hip replacements market with its sub segments. Few of the leading companies operating in Knee and Hip Replacements market are Zimmer Biomet Holdings Inc., Stryker Corporation, Smith & Nephew plc., Johnson & Johnson, Wright Medical Group.

Download Sample Copy of this Report at http://www.marketresearchreports.biz/sample/sample/732305

Scope of the Report

The report provides coverage by Types, Material, Fixation Procedures and By Approach:

By Knee Replacement Type

- Total Knee Replacement
- Partial Knee Replacement
- Revision Knee Replacement
- By Hip Replacement Type
- Total Knee Replacement
- Partial Knee Replacement
- Hip Resurfacing

By Knee Replacement Material

Metals, Ceramics, Plastics

By Hip Replacement Material

Metal or ceramic on polyethylene, Metal-on-metal, Ceramic on ceramic, Ceramic on Metal

By Knee and Hip Fixation Procedure

Cemented, Cement less, Hybrid Fixation

By Hip replacement Approach

Direct anterior approach, Anterolateral approach, Posterolateral approach

The report provides coverage by Region

- North America
- Europe
- Asia Pacific
- RoW

The report provides coverage by Country

- United States
- United Kingdom
- Germany
- India
- China

Customization of the Report

The report could be customized according to the clients specific research requirements. No additional cost will be required to pay for limited additional research.

About MarketResearchReports.biz
MarketResearchReports.biz is the most comprehensive collection of market research reports. MarketResearchReports.Biz services are specially designed to save time and money for our clients. We are a one stop solution for all your research needs, our main offerings are syndicated research reports, custom research, subscription access and consulting services. We serve all sizes and types of companies spanning across various industries.

Browse Latest Industry Press Release http://www.marketresearchreports.biz/pressreleases

Contact Us
State Tower
90 State Street, Suite 700
Albany, NY 12207
United States
Tel: 518-621-2074
Website: http://www.marketresearchreports.biz/
E: sales@marketresearchreports.biz