Global Knee Reconstruction Devices Market is Likely to Grow at a CAGR Value of 04.10% By 2028

19-Aug-2022 | Zion Market Research

The global knee reconstruction devices market size was worth USD 9,824.5 million in 2021 and is estimated to grow to USD 12,503.01 million by 2028, with a compound annual growth rate (CAGR) of approximately 4.10% over the forecast period. The report analyzes the knee reconstruction device drivers, restraints/challenges, and their effect on the demands during the projection period. In addition, the report explores emerging opportunities in the knee reconstruction devices market.

One ligament that needs to be changed and placed during knee reconstruction is the stabilizing ligament that holds the tibia in place. Some body processes may be hampered and made more challenging by this tear. Instruments including cementless implants, partial implants, revision implants, and cemented implants are frequently used during knee reconstruction. As knee accidents increase, the market for reconstructive knee equipment is expected to grow. The prevalence of knee-related diseases, including osteoarthritis and rheumatoid arthritis, is rising as the population ages.

The prevalence of knee-related issues is rising quickly. Total knee replacement, also known as total knee arthroplasty (TKA), has grown in popularity as a result (TKR). Knee transplants, the development of personalized therapies, and the development of high-quality knee replacement devices and materials are some of the key factors propelling the global knee reconstruction devices market. The primary factor limiting the knee replacement devices market's growth over the forecast period is the FDA recalls knee replacement implants at an increasing rate due to product failures, component discrepancies, or impaired sterility issues.

Global Knee Reconstruction Devices Market

The global knee reconstruction devices market has been segmented into product, end-user, indications, and region. Based on product, cemented implants, cementless implants, partial implants, and revision implants are segments of the global knee reconstruction devices market. Compared to other techniques, partial knee replacement systems have a speedier and easier recovery. Based on end-user, the market is classified into hospitals, orthopedic clinics, and ASCs. While hospitals have specialist sections and surgeons that do total knee replacement surgery, orthopedic clinics specialize in these procedures. Based on indication, the market is segregated into osteoarthritis, rheumatoid arthritis, trauma, and others. In 2021 the rheumatoid arthritis category dominated the global market.

The global knee reconstruction devices market is divided into geographic regions: North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. It is projected that North America will continue dominating the knee reconstruction equipment market. This growth is due to escalating medical expenses and more awareness of and access to local remedies. The European market is anticipated to grow progressively in the upcoming years.

Key players in the global knee reconstruction devices market are- Zimmer, Inc., Stryker Corporation, DePuy Synthes, Smith & Nephew, Corin, United Orthopedic Corporation, Arthrex Inc., Exactech Inc., DJO Global, Japan Medical Dynamic Marketing, Tornier Inc.

Recent Development:

  • July 2020: The US Food & Drug Administration (FDA) granted the 510(k) clearance for the most recent OMNIBotics software upgrade, version 2.6. Leading supplier Corin offers a unique combination of cutting-edge technologies and solutions for the hip, knee, ankle, and shoulder that have been scientifically tested. As a result, they will be able to use the Unity Knee whole knee implant system in conjunction with robotically assisted treatment in the United States.
  •  September 2019: DePuy Synthes will launch the ATTUNE Cementless Knee in a rotating platform option in a select number of important foreign markets, according to an announcement from Johnson & Johnson Medical Products Companies, a global leader in orthopedic trauma treatment devices. It will make it simpler for the company to meet the needs of their active lifestyle today and in the future.

Browse the full Knee Reconstruction Device By Product (Cemented Implants, Cementless Implants, Partial Implants, Revision Implants), By End User (Hospital, Orthopedic Clinics, ASCs), By Indication (Osteoarthritis, Rheumatoid Arthritis, Trauma, Others), and By Region - Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2022 – 2028. Report at https://www.zionmarketresearch.com/report/knee-reconstruction-devices-market

The global knee reconstruction devices market is segmented as follows:

By Product

  • Cemented Implants
  • Cementless Implants
  • Partial Implants
  • Revision Implants

By End User

  • Hospitals
  • Orthopedic Clinics
  • ASCs

By Indication

  • Osteoarthritis
  • Rheumatoid Arthritis
  • Trauma
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

About Us:

Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.

Contact Us:

Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Email: sales@zionmarketresearch.com
Website: https://www.zionmarketresearch.com

Office Address

Contact Us

Zion Market Research
Tel: +1 (302) 444-0166
USA/Canada Toll Free No.+1 (855) 465-4651

Asia Pacific Office

3rd Floor, Mrunal Paradise, Opp Maharaja Hotel, Pimple Gurav, Pune 411061, Maharashtra, India
Phone No +91 7768 006 007, +91 7768 006 008

Contact #

US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com

We Are On Social

twitter

Industry Press Release

We Accept

We have secured system to process your transaction.

  • payment methods

Business Hours

Our support available to help you 24 hours a day, five days a week.

Monday - Friday: 9AM - 6PM

Saturday - Sunday: Closed