The global market for hip & knee reconstructive procedures is expected to reach a value of US$ 20.8 billion by the close of 2022, with a projected compound annual growth rate (CAGR) of 5.6% from 2022 to 2032. The anticipated market valuation by 2032 is approximately US$ 35.8 billion. In 2021, knee reconstruction dominated the global market with a substantial 57.9% share.
Total hip arthroplasty (THA) stands out as an economically efficient and consistently successful orthopedic procedure. It provides reliable results for individuals suffering from advanced degenerative hip osteoarthritis, leading to pain relief, functional recovery, and enhanced quality of life.
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Following the development of AI and connected medical devices, the healthcare sector has experienced tremendous growth over the past ten years. The scope for diagnostics and therapies within the medical field has been greatly expanded by technological advancement.
The report provides substantial data sets that validate major trends influencing market growth for hips and knee replacement. It provides insights into the tactics used by the major competitors to solve issues that will limit the market’s ability to grow for hips and knee replacements. The Hips & Knees Reconstructive Industry report will help and identify the worries, for a smooth-sailing of the small & medium as well as large enterprises, with the help of our deep research and information about the past, present, and future market environment.
Critical Questions Answered in the Report
- What are ongoing trends that will shape market growth curve for global Hips & Knees Reconstructive Industry?
- What are the drivers and challenges affecting the Hips & Knees Reconstructive Industry demand?
- What are the recent technological advancement in the Hips & Knees Reconstructive market?
- What are key trends and opportunities that will prevail the revenue growth of Hips & Knees Reconstructive Industry players?
- How will evolving regulatory policies impact the market growth?
- What is the impact of Covid-19 on the Hips & Knees Reconstructive Industry?
Competitive Analysis
By Prominent Market Players
- Zimmer Biomet
- DePuy Synthes
- Smith & Nephew plc.
- Stryker
- MicroPort Scientific Corporation
- B. Braun Melsungen AG
- Exactech, Inc.
- Limacorporate S.p.a.
- CeramTec
- ConforMIS
With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Hips & Knees Reconstructive market
Hips & Knees Reconstructive Market: Segmentation
By Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
Detailed analysis on the geographical region and country wise insights are offered in the latest Hips & Knees Reconstructive market report with established market players as well as incumbents in the region.
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Key Segments Covered in Hips & Knees Reconstructive Market
By Product:
- Hip Reconstruction
- Total Hip Reconstruction Implants
- Metal-On-Polyethylene
- Metal-On-Metal
- Ceramic-On-Polyethylene
- Ceramic-On-Ceramic
- Others
- Partial Hip Reconstruction Implants
- Revision Implants
- Total Hip Reconstruction Implants
- Knee Reconstruction
- Total Knee Reconstruction Implants
- Partial Knee Reconstruction Implants
- Revision Implants
By Fixation:
- Cement
- Cementless
- Hybrid
By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
Comprehensive analysis of the regional markets offers exclusive insights on the market performance across geographies along with relevant graphs, figures, and list of tables.
Why Future Market Insights?
- Comprehensive analysis on evolving purchase pattern across different geographies
- Detailed insights of market segments and sub-segments for historical as well as forecast period
- A competitive analysis of prominent players and emerging players in the Hips & Knees Reconstructive market
- Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
- Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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