The Global Joint Replacement Market size is expected to reach USD 25.4 billion by 2028 and is expected to expand at a CAGR of 3% during the forecast period 2022 to 2028.
Joint replacement is a surgical procedure that removes an arthritic or damaged bone joint and replaces it with a metal, plastic, or ceramic implant. Implants replicate normal, healthy joint movement. Hip and knee arthroplasty is the most common joint arthroplasty, but arthroplasty can also be performed on other joints such as the ankle, wrist, shoulder, and elbow. Because many conditions can cause disability and joint pain, people consider joint replacement surgery. Arthritis, a fracture, or one of the other medical conditions can lead to joint replacement. Treatment of joint disease is very important for patient mobility. Therefore, significant investments are being made in research and development of joint reconstruction technology to develop advanced implants.
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Market Segments
By Product
- Knees
- Hips
- Extremities
By Fixation Type
- Cemented
- Cementless
- Hybrid
- Reverse Hybrid
By Procedure
- Total Replacement
- Partial Replacement
Key Players
- Johnson & Johnson Services, Inc. (DePuy Synthes)
- Stryker
- Zimmer Biomet
- Smith+Nephew
- DJO, LLC
- Arthrex, Inc.
- Exactech, Inc.
- Conformis
- MicroPort Orthopedics
- Corin
Scope of the Report
The research study analyzes the global Joint Replacement industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Joint Replacement Market Report
1. What was the Joint Replacement Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Joint Replacement Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Joint Replacement Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Joint Replacement market.
- The market share of the global Joint Replacement market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Joint Replacement market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Joint Replacement market.
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