The Business Research Company’s report on the Joint Reconstruction Devices And Equipment Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the primary drivers fueling the growth of the joint reconstruction devices and equipment market in recent years?
The presence of a large pool of patients in joint reconstruction diseases is driving the market. Patients are preferring joint replacement treatment instead of other treatments for joint diseases, because of increased safety and reliability. The rise in joint reconstruction diseases such as osteoarthritis, knee and hip injury, road accident, cartilage, and labral injury is increasing the patient pool. For instance, osteoarthritis is a common disorder of joints that mainly affects the geriatric population across the globe. This condition can be treated by joint replacement surgeries using orthopedic knee and hip implants surgery According to the Arthritis Foundation, about 67 million people are expected to suffer from arthritis by 2030. This rise in the patient pool for joint diseases is driving the demand for the joint reconstruction devices and equipment market, significantly impacting the market growth.
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What is the projected market size of the joint reconstruction devices and equipment industry, and how is it expected to grow?
The joint reconstruction devices and equipment market size has grown strongly in recent years. It will grow from $26.54 billion in 2024 to $28.61 billion in 2025 at a compound annual growth rate (CAGR) of 7.8%. The growth in the historic period can be attributed to advancement in technologies, strong economic growth in emerging markets and rise in healthcare expenditure.
The joint reconstruction devices and equipment market size is expected to see steady growth in the next few years. It will grow to $34.23 billion in 2029 at a compound annual growth rate (CAGR) of 4.6%. 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. Major trends in the forecast period include developing IoT enabled solutions for joint reconstruction surgery, using artificial intelligence to reduce costs and time, investing in developing in robotics products for joint reconstruction surgery, focusing on merger and acquisition activities for business expansion, and investing in 3D printing technology.
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Who are the key players driving competition in the joint reconstruction devices and equipment market?
Major companies operating in the joint reconstruction devices and equipment market include Stryker Corporation, Zimmer Biomet, Johnson & Johnson, Smith & Nephew, Globus Medical, DJO Global Inc., Aesculap Implant Systems LLC, Medtronic, CONMED Corporation, Össur, Allegra Orthopedics, DePuy Synthes, Tornier Inc., Corin Group Plc., Covidien plc, PolyNovo Limited, Exactech Inc., United Orthopedic Corporation, Victrex, Evonik, Royal DSM, Lepu Medical Technology Company (Beijing) Co. Ltd, Yuwell – Jiangsu Yuyue Medical Equipment & Supply Co. Ltd, Shanghai Runda Medical Technology Co. Ltd., GE Healthcare China Co. Ltd., Smiths Medical (Beijing) Co. Ltd., Nuvasive Inc., AAP Implantate AG, Waldemar Link GmbH & Co. KG, Amplitude SAS, Beznoska Company Ltd, Sanatmetal Ltd, Medin a.s., Collagen Matrix Inc., XpandOrtho, Integra Lifesciences, NEOORTHO, Manoel Amaral Baumer, Biomecânica, ORTOBIO, Ortosintese, IMPOL Próteses Ortopédicas, Wright Medical, B. Braun, Meril Life, Zimmer (Shaarani Group), Corin South Africa (Pty) Ltd, Medtronic Africa, EgiFix Medical
What key trends are expected to drive the ivf services market during the forecast period?
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. For instance, in August 2022, Exactech, a US-based developer of innovative implants and instrumentation launched their noval total hip arthroplasty system. It comprehensive system that offers a wide range of innovative design features to help surgeons achieve the best possible outcomes for their patients.
Which key geographies are driving the growth of the joint reconstruction devices and equipment market?
North America was the largest region in the global joint reconstruction devices and equipment market in 2024. 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
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Joint Reconstruction Devices And Equipment Market Size Report 2025
What are the key segments driving growth in the joint reconstruction devices and equipment market?
The joint reconstruction devices and equipment market covered in this report is segmented –
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
Subsegments:
1) By Knee Reconstruction Devices: Total Knee Replacement (TKR) Implants, Partial Knee Replacement Implants, Knee Revision Implants
2) By Hip Reconstruction Devices: Total Hip Replacement (THR) Implants, Hip Resurfacing Implants, Hip Revision Implants
3) By Extremity Reconstruction Devices: Shoulder Reconstruction Devices, Ankle Reconstruction Devices, Elbow Reconstruction Devices, Wrist And Hand Reconstruction Devices
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Joint Reconstruction Devices And Equipment Market Size Report 2025
What defines the structure and scope of the joint reconstruction devices and equipment market?
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.
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