The Global Hips & Knees Reconstructive Industry is set to achieve unprecedented growth, as per the latest forecasts by Future Market Insights (FMI). The industry, valued at US$ 20.8 billion by the end of 2022, is projected to expand at a robust 5.6% Compound Annual Growth Rate (CAGR) from 2022 to 2032, reaching an impressive US$ 35.8 billion by the end of the forecast period.
The knee reconstruction segment emerges as the market leader, commanding approximately 57.9% of the market share in 2021. This dominance underscores the significant role of knee reconstruction products within the Global Hips & Knees Reconstructive Industry.
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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 hip 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 Global 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 the market growth curve for the Global Hips & Knees Reconstructive Industry?
- What are the drivers and challenges affecting the Hips and knees Reconstructive market demand?
- What are the recent technological advancements in the Global Hips & Knees Reconstructive Industry?
- What are key trends and opportunities that will prevail the revenue growth of Hips & Knees Reconstructive market players?
- How will evolving regulatory policies impact the market growth?
- What is the impact of Covid-19 on the Global Hips & Knees Reconstructive Industry?
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Global Hips & Knees Reconstructive Industry: Segmentation
By Region
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East and Africa (MEA)
Detailed analysis of the geographical region and country-wise insights are offered in the latest Global Hips & Knees Reconstructive Industry report with established market players as well as incumbents in the region.
Key Segments Covered in Global Hips & Knees Reconstructive Industry
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.
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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 Global Hips & Knees Reconstructive Industry
Why Future Market Insights?
- Comprehensive analysis of evolving purchase patterns 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 Global Hips & Knees Reconstructive Industry
- Detailed information about the product innovation, mergers, and acquisitions lined up in upcoming years
- Groundbreaking research and market player-centric solutions for the upcoming decade according to the present market scenario
Author
Sabyasachi Ghosh (Associate Vice President at Future Market Insights, Inc.) holds over 12 years of experience in the Healthcare, Medical Devices, and Pharmaceutical industries. His curious and analytical nature helped him shape his career as a researcher.
Identifying key challenges faced by clients and devising robust, hypothesis-based solutions to empower them with strategic decision-making capabilities come naturally to him. His primary expertise lies in areas such as Market Entry and Expansion Strategy, Feasibility Studies, Competitive Intelligence, and Strategic Transformation.
Holding a degree in Microbiology, Sabyasachi has authored numerous publications and has been cited in journals, including The Journal of mHealth, ITN Online, and Spinal Surgery News.
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 5,000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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