Joint Reconstruction Devices and Equipment Market Global Demand and Technology Advancement 2020 to 2030
Harrisburg, NC -- (SBWire) -- 10/20/2020 --Joint Reconstruction Devices And Equipment Global Market Report 2020 provides insightful data about business strategies, qualitative and quantitative analysis of Global Market. The report also calls for market – driven results deriving feasibility studies for client needs. MarketInsightsReports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.
The global joint reconstruction devices and equipment market was valued at about $12.5 billion in 2018 and is expected to grow to $14.96 billion at a CAGR of 4.6% through 2022.
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Top Leading Companies Mentioned are Smith & Nephew, Stryker, Zimmer Biomet, B. Braun Melsungen and Wright Medical Group.
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 rise in the joint reconstruction disease such as osteoarthritis, knee and hip injury, road accident, cartilage and labral injury is increasing the patient pool. For instance, osteoarthritis is a common disorder of joint that mainly affects the geriatric population across the globe. This condition can be treated by joint replacement surgeries using orthopedic knee and hip implants surgery. According to the 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. This rise in patient pool for joint diseases is driving the demand for the joint reconstruction devices and equipment market, significantly impacting market growth.
The joint reconstruction devices and equipment market is being restrained due to high rate of product recalls. The medical devices industry including joint reconstruction devices is seeing a significant spike in product recalls during recent years, due to defects, concerns regarding patient safety, software issue, mislabeling issue, quality issue and others, thereby affecting the growth of the market. For example, in 2018, DePuy had to recall several of its Attune knee replacement systems, due to safety concerns. Similarly, in 2016, Scientx SAS recalled its cervical PEEK cage Samarys due to a non-conformity relevant to the gold wire markers.
This report provides a detailed analysis of the Joint Reconstruction Devices And Equipment market with description of market sizing and growth, segmentation of market by products & services and major markets, top market players etc. The report recapitulates the factors that will be responsible for the growth in the market in the forecasted period.
Following are major Table of Content of Joint Reconstruction Devices And Equipment Industry:
Joint Reconstruction Devices And Equipment Market Sales Overview.
Joint Reconstruction Devices And Equipment Market Sales Competition by Manufacturers.
Joint Reconstruction Devices And Equipment Market Sales Analysis by Region.
Joint Reconstruction Devices And Equipment Market Sales Analysis by Type.
Joint Reconstruction Devices And Equipment Market Analysis by Application.
Joint Reconstruction Devices And Equipment Market -Manufacturers Analysis.
This independent 200 pages report guarantees you will remain better informed than your competition. With over figures examining the Joint Reconstruction Devices And Equipment market, the report gives you a visual, one-stop breakdown of the leading products, submarket and market leader's market revenue forecasts as well as analysis to 2030.
Geographically, this report is segmented into several key Regions, with Sales, revenue, Market Share (%) and Growth Rate (%) of Joint Reconstruction Devices And Equipment in these regions, from 2015 to 2030(forecast), covering Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East And Africa.
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Furthermore, the report provides a detailed analysis of the global Joint Reconstruction Devices And Equipment market with analysis of market size by value and volume. Along with this, an analysis of penetration rate and the average revenue generated per user (ARPU) in the market has also been done. The report also includes a detailed analysis of the global Joint Reconstruction Devices And Equipment market by countries, comprising of its market by value, volume, and ARPU and penetration rate.
Key Points of this Report:
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The research includes historic data from 2015 to 2020 and forecasts until 2030 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Joint Reconstruction Devices And Equipment on the basis of stating current situation of the industry in 2020 so as to make comprehensive organization and judgment on the competition situation and development trend of Joint Reconstruction Devices And Equipment Market and assist manufacturers and investment organization to better grasp the development course of Joint Reconstruction Devices And Equipment Market.
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