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Joint Reconstruction Devices Market Share, Trends, Growth, Analysis and Forecast 2023-2030

04-01-2024 02:18 PM CET | Health & Medicine

Press release from: Orion Market Research

Joint Reconstruction Devices Market Share, Trends, Growth,

The global joint reconstruction devices market is anticipated to grow at a considerable CAGR of 4.3% during the forecast period (2023-2030). Significant factors contributing to the joint reconstruction devices market include robust healthcare infrastructure, rising surgical procedures, increasing investment in R&D of the joint reconstruction devices, and increasing number of trauma and accident cases. Road accidents lead to fractures of various bones, including those in the extremities such as the legs, arms, and pelvis. Joint reconstruction devices, such as plates, screws, and intramedullary nails, may be used in surgical procedures to stabilize and repair fractured bones.

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In recent years, the increasing incidences road and other accidents coupled with an increasingly aging population. According to the national statistics provided by the UK government, in 2022, 29,742 people were killed or seriously injured (KSI) casualties, 1,711 fatalities cases were registered and 135,480 were casualties of all severities. As a result, the number of surgical procedures is increasing in the UK. Owing to these factors, the key players are launching technical advanced products to cater the demand in market. In April 2023, Prashanth Hospitals launched 4th Generation Robot for Joint Reconstruction. The 4th Generation Robot used infrared cameras and optical trackers to 3D map the joint and collect precise data of a patient's anatomy, thereby providing a favorable implant for every single procedure. The tailor-made technique allowed surgeons to make instantaneous decisions and remove the affected bone areas, with a 30% increase in efficiency and improved accuracy.

Market Coverage

• The market number available for - 2022-2030
• Base year- 2022
• Forecast period- 2023-2030
• Segment Covered-
o By Technique
o By Joint Type
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- includes CONMED Corp., Johnson & Johnson Services, Inc., (DePuy Synthes, Inc.), Medtronic plc, Stryker Corp., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Joint Reconstruction Devices Market Report Segment

By Technique

• Joint Replacement
• Osteotomy
• Arthroscopy
• Resurfacing
• Arthrodesis

By Joint Type

• Knee
• Hip
• Shoulder
• Ankle
• Others (Pivot Joint, Saddle joint)

A full report of Joint Reconstruction Devices Market available @ https://www.omrglobal.com/industry-reports/joint-reconstruction-devices-market

Global Joint Reconstruction Devices Market Report Segment by Region

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

• Latin America
• Middle East & Africa

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

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

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Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

About Orion Market Research

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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