Joint reconstruction devices market is anticipated to grow at a CAGR of 4.3% during the forecast period (2023-2030). Significant factors attributed to market growth including growing aging population, increasing prevalence of osteoarthritis, minimally invasive techniques, and an increasing number of large joint reconstruction surgeries. With the growing prevalence of orthopedic diseases such as arthritis, osteoporosis, knee injuries, among others, consequential in damage to bones and serious cases, joint reconstruction surgery is the eventual treatment available. In December 2021, Work-Related Musculoskeletal Disorders Statistics in Great Britain reported that 470,000 workers suffered from work-related musculoskeletal disorders (new or long-standing) in 2020/21. This represents 1,420 per 100,000 workers and thus accounts for 28.0% of all work-induced ill health.
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The global joint reconstruction devices market is segmented based on technique, and joint type. Based on the technology, the market is sub-segmented into joint replacement, osteotomy, arthroscopy, resurfacing and arthrodesis. Further, based on joint type, the market is sub-segmented into knee, hip, shoulder, ankle, and others. Where, others include pivot joint, saddle joint. Among the technology, the osteotomy sub-segment is anticipated to hold a considerable share of the market, owing to the improve function, decreasing pain, slow deterioration.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Joint Reconstruction Devices Market by Technique
- Joint Replacement
- Osteotomy
- Arthroscopy
- Resurfacing
- Arthrodesis
Global Joint Reconstruction Devices Market by Joint Type
- Knee
- Hip
- Shoulder
- Ankle
- Others (Pivot Joint, Saddle joint)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- AAP Implantate AG
- Aesculap, Inc. (B. Braun company)
- Allegra Orthopaedics Ltd.
- Alphatec Spine, Inc.
- DJO, LLC
- Enovis
- Exactech, Inc.
- Integra LifeSciences Corp.
- Limacorporate S.p.A
- NuVasive, Inc.
- Orthofix Medical Inc.
- Smith & Nephew plc
- TriMed Inc.
- Wright Medical Group N.V.
- Zimmer Biomet Holdings Inc.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global joint reconstruction devices market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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