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Global Endoprosthesis Market: Emerging Trends, Business Growth Opportunities, Major Driving Factors

11-03-2020 07:21 AM CET | Health & Medicine

Press release from: Transparency Market Research

Endoprosthesis are mechanical devices that can be implanted in human skeleton, cardiovascular system, nervous system, and peripheral vascular system. Endoprosthesis is an artificial device used to replace bone, joints, and prosthesis. Additionally, it is used for teeth, femur, and hollow stent in vessels. Moreover, endoprosthesis provide support to other body parts lost due to a disorder or body disease, congenital defects, and accidents. Knee replacement is a major application of endoprosthesis. It is compatible with tissues and intended to be implanted into the body. The two types of endoprosthesis are cementless and cemented. Cementless endoprosthesis have a rough surface and are preferred in younger patients. Materials such as polyethylene, alloy metal, and ceramic are used to manufacture endoprosthesis.

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Global Endoprosthesis Market Witness Most Promising Rise in Demand:

Rise in prevalence of peripheral vascular diseases and orthopedic disorders are anticipated to drive the global endoprosthesis market. Moreover, increase in awareness among patients about usage of prosthetics in orthopedic injuries and rise in prevalence of knee & hip osteoarthritis among the geriatric population are projected to propel the global market during the forecast period. However, unfavorable reimbursement policies in middle and low income countries is expected to restrain the global endoprosthesis market. According to the Arthritis Foundation, arthritis is more common in women than men. According to the Centers for Disease Control and Prevention, 22.7% of adults in the U.S. had some form of arthritis between 2013 and 2015.

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The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Furthermore, the report sheds light on the changing competitive dynamics in the global Endoprosthesismarket. These indices serve as valuable tools for existing market players as well as for entities interested in entering the global Endoprosthesismarket.

Key Players of Global Endoprosthesis Market:

The global endoprosthesis market is highly fragmented due to the presence of large number of global and local players. Key players operating in the global market are Zimmer Biomet, W. L. Gore & Associates, Boston Scientific Corporation, Acumed, LLC, Stryker, Wright Medical Technology, Inc., Smith & Nephew, BARD Peripheral Vascular, B. Braun Melsungen AG, and Allard USA, Inc.

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Transparency Market Research,

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Albany, NY 12207

Tel: +1-518-618-1030

USA - Canada Toll Free: 866-552-3453

Website: https://www.transparencymarketresearch.com/

About Us

Transparency Market Research is a global market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for several decision makers. Our experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

Our data repository is continuously updated and revised by a team of research experts so that it always reflects latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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