Joint Reconstruction Devices And Equipment Market Size, Share, Revenue, Trends And Drivers For 2024-2033

The Business Research Company has updated its global market reports with latest data for 2024 and projections up to 2033

LONDON, GREATER LONDON , UK, July 24, 2024 /EINPresswire.com/ -- The joint reconstruction devices and equipment market has experienced robust growth in recent years, expanding from $21.86 billion in 2023 to $23.62 billion in 2024 at a compound annual growth rate (CAGR) of 8.1%. The growth in the historic period can be attributed to advancement in technologies, strong economic growth in emerging markets and rise in healthcare expenditure.

Strong Future Growth Anticipated
The joint reconstruction devices and equipment market is projected to continue its strong growth, reaching $31.35 billion in 2028 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to an increase in joint reconstruction disorders, rapid growth in the geriatric population and increase in joint replacement surgical procedures are expected.

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Growth Driver Of The Joint Reconstruction Devices And Equipment Market
The growing prevalence of orthopedic conditions is expected to propel the growth of the breakfast cereal market going forward. Orthopedic conditions, also known as musculoskeletal conditions, refer to a wide range of medical conditions and issues that affect the musculoskeletal system. The growing prevalence of orthopedic conditions is a significant factor in the growth of joint reconstruction devices and equipment used to address a variety of orthopedic conditions, which can help to relieve pain, improve mobility, and restore function to damaged joints.

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Joint Reconstruction Devices And Equipment Market Major Players And Market Trends
Key players in the joint reconstruction devices and equipment market include tryker Corporation, Zimmer Biomet, Johnson & Johnson, Smith & Nephew, Globus Medical, DJO Global Inc., Aesculap Implant Systems LLC.

Major companies in joint reconstruction devices are increasingly investing in 3D printing technology due to its significant improvement over traditional joint reconstruction surgery. This technique uses for reconstructions of bones as a base before the surgery plan so the patient can get a preoperative MRI or CT scan. These features are particularly beneficial for patients in terms of safety concerns, which can affect adherence to treatment regimens.

Joint Reconstruction Devices And Equipment Market Segments:
1) By Product Type: Knee Reconstruction Devices, Hip Reconstruction Devices, Extremity Reconstruction Devices
2) By Application: Arthrodesis, Arthroscopy, Joint Replacement Surgery, Osteotomy, Resurfacing Surgery, Small Joint Surgery
3) By End User: Hospitals, Orthopedic Clinics, Ambulatory Surgical Centers

Geographical Insights: North America Leading The Market
North America was the largest region in the global joint reconstruction devices and equipment market in 2023. Asia-Pacific was the second largest market in joint reconstruction devices and equipment market. The regions covered in the joint reconstruction devices and equipment market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Joint Reconstruction Devices And Equipment Market Definition
Joint reconstruction devices are implantable medical devices that are used to operate as replacements for the shoulder joint, hip joint or knee joint to restore the function of a joint. A joint can be restored by resurfacing the bones.

Joint Reconstruction Devices And Equipment Global Market Report 2024 from The Business Research Company covers the following information:
• Market size data for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.
The Joint Reconstruction Devices And Equipment Global Market Report 2024 by The Business Research Company is the most comprehensive report that provides insights on joint reconstruction devices and equipment market size, joint reconstruction devices and equipment market drivers and trends, joint reconstruction devices and equipment market major players, joint reconstruction devices and equipment competitors' revenues, joint reconstruction devices and equipment market positioning, and joint reconstruction devices and equipment market growth across geographies. The joint reconstruction devices and equipment market report helps you gain in-depth insights into opportunities and strategies. Companies can leverage the data in the report and tap into segments with the highest growth potential.

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