Market Size in 2020 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 9.82 Billion | USD 12.50 Billion | 7.58% | 2020 |
FrequentlyAsked Questions
The main reason anticipated to propel the knee reconstruction devices market during the forecast period is that knee-related problems are rapidly increasing. As a result, total knee arthroplasty (TKA) or total knee replacement (TKR) has become more popular.
According to the report, the global knee reconstruction devices market 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 percent over the forecast period.
North America is anticipated to dominate the global knee reconstruction devices market. This surge is related to rising healthcare costs and increased awareness and accessibility to therapies in the area.
Some of the main competitors dominating the global knee reconstruction devices market include- Zimmer, Inc., Stryker Corporation, DePuy Synthes, Smith & Nephew, Corin, United Orthopedic Corporation, Arthrex Inc., Exactech Inc., DJO Global, Japan Medical Dynamic Marketing, Tornier Inc.
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