The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

North America held the largest joint reconstruction devices and equipment market share.

The global joint reconstruction devices and equipment market is expected to grow from $19.94 billion in 2022 to $21.28 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The joint reconstruction devices and equipment market size is expected to grow from $26.13 billion in 2027 at a CAGR of 5.3%.

Major Driver In The Joint Reconstruction Devices And Equipment Market ­– Rise In The Patient Pool For Joint Diseases
For example, osteoarthritis is a widespread joint ailment that mostly affects the global senior population. Joint replacement surgery with orthopaedic knee and hip implants can address this disease. According to the Arthritis Foundation, around 67 million individuals will be affected by arthritis by 2030. This increase in the patient pool for joint illnesses is increasing demand for joint reconstruction devices and equipment, which is having a substantial impact on market growth.

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Key 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

Recent Joint Reconstruction Devices And Equipment Market Trend – Adopting 3D Printing Technology
Due to its great improvement over traditional joint reconstruction surgery, companies in the joint reconstruction device industry are increasingly investing in 3D printing technology. This procedure is used for bone reconstructions as a foundation prior to surgery so that the patient can have a preoperative MRI or CT scan. These aspects are especially advantageous for patients who are concerned about safety, which can impair adherence to treatment regimens. For example, Exactech, a US-based manufacturer of new implants and instrumentation, will deliver their noval complete hip arthroplasty system in August 2022.

Joint Reconstruction Devices And Equipment Market Prominent Players
Major players in the joint reconstruction devices and equipment market are Smith & Nephew, Stryker, Zimmer Biomet, B. Braun Melsungen, Wright Medical Group, DePuy Synthes, Johnson & Johnson, Aesculap Implant Systems Inc., and Arthrex Inc.

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The Joint Reconstruction Devices And Equipment Global Market Report 2023  provides a comprehensive overview on the joint reconstruction devices and equipment market size, trends and drivers, opportunities, strategies, and companies analysis. The countries covered in the joint reconstruction devices and equipment market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, the UK, and the USA, and the major seven regions are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

Joint reconstruction devices are implantable medical implants that serve as replacements for the shoulder joint, hip joint, or knee joint in order to restore joint function. Resurfacing the bones can rehabilitate a joint.

View More Related Reports –
Joint Pain Injections Global Market Report 2023
Orthopedic Devices Global Market Report 2023
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