Global Joint Reconstruction Market, Size, Share, Market Intelligence, Company Profiles, Market Trends, Strategy, Analysis, Forecast 2017-2022
INDORE, INDIA, February 16, 2018 /EINPresswire.com/ — Orion Market Research (OMR) recently published a market research report on the Global Joint Reconstruction market. According to OMR analysis, the Global Joint Reconstruction Market is expected to grow impressively at a CAGR of 5.2% during the forecast period (2017-2022). The market is segmented on the basis of technique, type, biomaterials, synthetic joints and geography. The report provides detailed and insightful chapters which includes market overview, analyst insights, strategic recommendations, market determinants, key company analysis, company profiling, market segmentation, geographical analysis and predictive analysis of the market.
Full report of joint reconstruction market is available on https://www.omrglobal.com/industry-reports/joint-reconstruction-market/
Joint reconstruction is defined as medical procedure, in which injured or dysfunctional joint or tissue is substituted by an artificial prosthesis. Artificial prostheses include materials such as, comprising plastics, metals, and ceramics. The general types of joint replacement procedures include, digit replacement, ankle replacement, hip replacement, elbow replacement, knee replacement, shoulder replacement and elbow replacement.
Joint reconstruction, particularly the hip and knee market segment, comprised of knee reconstruction and hip reconstruction devices. The knee reconstruction devices market is leading in terms of revenue. However, the hip reconstruction devices market is expected to witness a stronger growth rate. Advancement in implant materials that resist wear and tear and a decrease in failure rates are encouraging young patients to opt for early surgical interventions. The emergence of new procedures such as hip resurfacing and partial knee replacement and greater penetration of existing technologies are also contributing to market growth in this segment. Furthermore, medical tourism is gaining popularity due to high-quality medical care and lower costs in countries, such as India, China and Thailand. The dominant players in the joint reconstruction (hip and knee devices) market include Zimmer Biomet, DePuy, Stryker, Smith & Nephew, and Biomet.
North America is estimated to be the dominating region in the global market. The growth of North American joint reconstruction market is driven by the United States. The U.S. accounts for the major shares in the joint reconstruction devices market owing to the presence of large pool of geriatric population. Asia Pacific is estimated to be the fastest growing region during the forecast period owing to rising disposable income and increasing incidence and prevalence of arthritis. According to an estimate by Global Health and Ageing report by WHO, 27% of the Japanese and 14% of the Chinese population will be above 65 years of age by 2020.
For related reports please https://www.omrglobal.com/reports-category/medical-devices/
Key Companies Profiled in the Report
Aesculap Implants System
Djo Global Inc.
Microport Orthopedics, Inc.
Ortho Development Corporation
Skeletal Dynamics Inc.
Smith & Nephew
Wright Medical Group Inc.
Zimmer Biomet Holdings Inc.
The report covers:
• Comprehensive research methodology of global joint reconstruction market
• In-depth analysis of macro and micro factors influencing the market guided by key recommendations
• Analysis of regional regulations and other government policies impacting the global joint reconstruction market
• Insights about market determinants which are stimulating the joint reconstruction market
• Detailed and extensive market segments with regional distribution of forecasted revenues
• Extensive profiles and recent developments of market players
About Orion Market Research
Orion Market Research (OMR) is an Indian research company known for its crisp and concise reports. The company is equipped with an experienced team and young brigade of analysts. The company provides syndicate research reports, customized research reports, company profiling, consulting and other research-based services. OMR provide global and regional market reports of various domains such as healthcare, energy, IT, chemicals, and automobiles. The company provides a 360-degree view of the market with parametric analysis, key market insights, key findings, statistical forecasts, competitive landscape, extensive segmentation, key trends, strategic recommendations and detailed company profiles.
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Source: EIN Presswire