Global Joint Reconstruction Market Size, Growth Analysis and Trends by 2021-2028

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Improvements in healthcare industry, skilled and efficient professionals, are the significant factors influencing the market growth.

Joint Reconstruction market size is projected to reach a market size of USD 47.98 Billion in 2028 and register a steady CAGR over the forecast period, according to latest analysis by Emergen Research.

Improvements in healthcare industry, skilled and efficient professionals, are the significant factors influencing the market growth.

The report covers the rapidly changing market scenario and offers an initial and future assessment of the impact of the Joint Reconstruction market. The research report is furnished with data validated from the experts, along with an analysis of the historical data.

Key factors driving market growth are increasing global geriatric population, increasing implementation of awareness initiatives and programs by government schemes, rising investments in the healthcare industry, and growing demand for more advanced and efficient technologies.                                                  

It also discusses growth prospects, industry facts, sales figures, distribution channels, competitive landscape analysis, market shares, gross margin, key regions, demand trends, and developments, among others.

The Global Joint Reconstruction Market report offers a detailed analysis of the global market size, regional and country-level analysis of the market, segment growth, competitive landscape, sales analysis, industrial chain analysis, opportunities, recent developments, regulatory framework, market growth analysis, and strategic market initiatives.

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Joint reconstruction is a surgical procedure used for repairing and restoring full function of joints in the human body. Emergence of new surgical techniques and technologies is resulting in a more optimistic outlook among patients needing surgical procedures to repair joints instead of opting for joint replacement. Anterior Cruciate Ligament (ACL) technique is used for treatment purposes.

The ACL is crucial for maintaining stability of the knee joint, particularly while running, walking, and kicking activities. ACL surgery is generally performed using a minimally invasive procedure, but in some cases, requires a larger incision known as open surgery.

Major Players Profiled in the Report:

  • Aesculap Implant Systems LLC
  • Zimmer-Biomet Holdings Inc.
  • Smith and Nephew
  • Stryker Corporation
  • DePuy Synthes
  • Medtronic Inc.
  • Omni Life Science
  • CONMED Corporation
  • Arthrex Inc.
  • Wright Medical Technology Inc.

For this report, Emergen Research has segmented the global joint reconstruction market based on joint type, technique, end-use, and region:

  • Joint Type Outlook (Revenue: USD Billion; 2018–2028)
    • Shoulder
    • Knee
    • Ankle
    • Hip
    • Others
  • Technique Outlook (Revenue: USD Billion; 2018–2028)
    • Joint Replacement
    • Arthroscopy
    • Resurfacing
    • Osteotomy
    • Others
  • End-use Outlook (Revenue: USD Billion; 2018–2028)
    • Hospitals
    • Clinics
    • Orthotic Prosthetic Centers
    • Surgical Centers
    • Others

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Global Joint Reconstruction Market Regional Analysis:

  • In November 2020, Stryker Corporation announced that it had acquired Wright Medical Group N.V, which is a global medical devices company focused on extremities and biologics. Wright Medical is a world leader in the upper extremities, lower extremities, and biologics market.
  • Europe accounted for a significantly high revenue share in the global joint reconstruction market in 2019. Increasing demand for knee and hip surgery due to age-related challenges, increasing geriatric population in countries in the region, and rising incidence of sports- and accident-related injuries are other key factors boosting market growth. Major revenue contributing countries in Europe include the United Kingdom, Germany, France, Italy, and Russia.

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