Joint Reconstruction Devices Market Competitive Landscape, Research Methodology, Business Opportunities, Statistics and Industry Analysis Report by 2027

February 15 16:01 2021
The factors projected to drive the market during the forecast period are global demand for minimally invasive diagnostic and surgical procedures, rising prevalence of orthopedic diseases and increasing patient base with expanding population

Joint reconstruction includes repairing the joint anatomy to preserve the joint’s standard functionality and reduce the suffering of the patient. Some joint reconstruction types include total hip and knee replacement, anterior cruciate ligament reconstruction, and chondroplasty. Technical advances have played a significant role in the growth of the restoration equipment industry. The global market for Joint reconstruction Devices is expected to expand from USD 22.49 billion in 2019 to USD 36.81 billion in 2027, at a CAGR of 6.3%.

The high use of minimally invasive medicine worldwide has contributed to scientific advancements in medical instruments and procedures. The market for joint reconstruction devices is tied mainly to technological development. A growing number of studies to enhance bionic implants and robotic surgeries are anticipated to play an instrumental role in propelling the market demand.

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Joint Reconstruction Devices Market Drivers

Growing incidences of orthopedic and musculoskeletal conditions that cause pain, fatigue, and inflammation in joints such as the knee, hip, shoulder, and ankle, and the need to manage them, are expected to drive market growth in the projected period. Moreover, an increase in life expectancy leads to a rise in cases of common joint diseases, especially in developed countries, which is a major driver of the market growth of joint reconstruction devices.

Key participants include Nuvasive Inc., Aesculap Implant Systems LLC, Stryker, Smith and Nephew, Medtronic, CONMED Corporation, Zimmer-Biomet, DJO Global Inc., DePuy Synthes Companies, and Microport Scientific Corporation, among others.

Emergen Research has segmented the global Joint Reconstruction Devices Market on the basis of type, technique, application, and region:

  • Type Outlook (Revenue, USD Billion; 2017-2027)
    • Knee
    • Hip
    • Shoulder
    • Ankle
    • Others
  • Technique Outlook (Revenue, USD Billion; 2017-2027)
    • Joint replacement
    • Osteotomy
    • Arthroscopy
    • Resurfacing
    • Others
  • Application Outlook (Revenue, USD Billion; 2017-2027)
    • Hospitals
    • Orthopedic Clinic
    • Ambulatory Surgical Centers
    • Others

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Regional Outlook

North America led the market for Joint reconstruction devices in 2019 due to factors such as the presence of a significant number of market players, the rising prevalence of joint disorders, supportive health care services, and high disposable income for patients. These developments are beginning to generate lucrative opportunities for innovative care systems. High growth rates, emerging economies, and increasing demand for advanced therapeutic choices are factors projected to accelerate growth in the Asia Pacific region over the forecast period.

 Research Methodology

Data triangulation and market breakdown

Research assumptions Research data including primary and secondary data

Primary data includes breakdown of primaries and key industry insights

Secondary data includes key data from secondary sources

 Scope of the Report:

With all the data gathered and analyzed using SWOT analysis, there was a clearer picture of the competitive landscape of the global Joint reconstruction devices market. Sources for the future market growth were uncovered and outlying competitive threats also surfaced. There was strategic direction eminent in the market and this shows in the key trends and developments studied. By getting market background and using current norms, policies, and trends of other leading markets for cross-references, market data was completed.

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Table of Content

Chapter 1. Methodology & Sources

    1.1. Market Definition

    1.2. Research Scope

    1.3. Methodology

    1.4. Research Sources

          1.4.1. Primary

          1.4.2. Secondary

          1.4.3. Paid Sources

    1.5. Market Estimation Technique

Chapter 2. Executive Summary

    2.1. Summary Snapshot, 2019-2027

Chapter 3. Key Insights

Chapter 4. Joint Reconstruction Devices Market Segmentation & Impact Analysis

    4.1. Joint Reconstruction Devices Market Material Segmentation Analysis

    4.2. Industrial Outlook

          4.2.1. Market indicators analysis

          4.2.2. Market drivers analysis

                    4.2.2.1. Increasing demand for customized knee implants

                    4.2.2.2. Rising demand for minimally invasive diagnostic and surgical techniques

                    4.2.2.3. Unhealthy lifestyle and dietary habits leading to various joint issues

          4.2.3. Market restraints analysis

                    4.2.3.1. The high cost associated with the procedure

                    4.2.3.2. Increasing awareness about non-surgical methods

    4.3. Technological Insights

    4.4. Regulatory Framework

    4.5. Porter’s Five Forces Analysis

    4.6. Competitive Metric Space Analysis

    4.7. Price trend Analysis

    4.8. Covid-19 Impact Analysis

Chapter 5. Joint Reconstruction Devices Market By Type Insights & Trends, Revenue (USD Million)

    5.1. Type Dynamics & Market Share, 2019 & 2027

          5.1.1. Knee

          5.1.2. Hip

          5.1.3. Shoulder

          5.1.4. Ankle

          5.1.5. Others

Chapter 6. Joint Reconstruction Devices Market By Technique Insights & Trends Revenue (USD Million)

    6.1. Technique Dynamics & Market Share, 2019 & 2027

          6.1.1. Joint Replacement

          6.1.2. Osteotomy

          6.1.3. Arthroscopy

          6.1.4. Resurfacing

          6.1.5. Others

Chapter 7. Joint Reconstruction Devices Market By Application Insights & Trends Revenue (USD Million)

    7.1. Application Dynamics & Market Share, 2019 & 2027

          7.1.1. Hospitals

          7.1.2. Orthopedic Clinics

          7.1.3. Ambulatory Surgical Centers

          7.1.4. Others

Continue…!

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