In 2022, the worldwide endoprosthesis market would be worth US$ 26,196 Million. The market is expected to grow at an 11% CAGR between 2022 and 2032, reaching a market valuation of US$ 74,381.47 Million by 2032. The expanding geriatric population, as well as technological improvements in endoprosthesis, will drive the market’s rapid rise in the next years.
The market is expected to expand throughout the forecast period as the prevalence of orthopaedic ailments and peripheral vascular diseases rises. Furthermore, the market is expected to be propelled ahead by increasing patient awareness of the use of orthopaedic prosthesis. Furthermore, the increased prevalence of hip and knee osteoarthritis in the senior population is expected to drive the growth of the global endoprosthesis market.
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According to the United Nations, the geriatric population aged 65 and more is expected to account for 16% of the total population by 2050. Hence, the expanding geriatric population is likely to provide market growth chances over the specified time period. Furthermore, the increasing susceptibility of women to endoprosthesis is expected to facilitate market expansion in the future. The market is also expected to expand due to an increase in symptomatic contract osteoarthritis, which affects 9.6% and 18% of men and women, respectively. The use of endoprosthesis to treat such problems is expected to increase as a result of these considerations.
Critical Questions Answered in the Report
- What are ongoing trends that will shape market growth curve for global Endoprosthesis market?
- What are the drivers and challenges affecting the Endoprosthesis market demand?
- What are the recent technological advancement in the Endoprosthesis market?
- What are key trends and opportunities that will prevail the revenue growth of Endoprosthesis market players?
- How will evolving regulatory policies impact the market growth?
Endoprosthesis Market: Segmentation
By Region
- North America (US, Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, UK, Spain, France, Rest of Western Europe)
- Eastern Europe (Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa)
Detailed analysis on the geographical region and country wise insights are offered in the latest Endoprosthesis market report with established market players as well as incumbents in the region.
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By Product Type:
- Wall Stent Endo prosthetics
- Prosthetics Aortic Valves
- Prosthetics Mitral Valves
- Prosthetics Pulmonary Valves
- Prosthetics Tricuspid Valves
- Biliary Endo prosthetics
- Upper Extremity Prosthetics
- Shoulder Prosthetics
- Elbow Prosthetics
- Hand Prosthetics
- Lower Extremity Prosthetics
- Foot & Ankle Prosthetics
- Knee Prosthetics
- Total Rotational Knee
- Total Hinge Knee
- Total Femur Replacement
- Dental Prosthetics
By End user:
- Hospitals
- Ambulatory Surgical Centers
- Clinics
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
Key players in endoprosthesis market include Zimmer Biomet Holdings, Inc., Smith & Nephew Plc, Acumed, LLC, Stryker Corporation, Boston Scientific, Inc., Wright Medical Technology, Inc., and BARD Peripheral Vascular and others.
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 Endoprosthesis market
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 Endoprosthesis 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
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