Knee Reconstruction Devices: How the market is Expanding globally
Knee Reconstruction Devices Market by Product Type (Primary (Cemented & Cementless), Partial, and Revision Implants), and Geography (U.S., Canada, Eu-5, Japan, Bric, Turkey, Indonesia - Global Analysis and Forecast to 2020
(EMAILWIRE.COM, July 12, 2018 ) The global knee reconstruction devices market is expected to reach USD 7.94 Billion by 2020, at a CAGR of 4.3% from 2015 to 2020. The growth rate of knee reconstruction surgeries is influenced by various factors, such as rise in the aging population and prevalence of arthritis, technological advancements, and well-structured healthcare policies in most of the countries.
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Based on product type, the global knee reconstruction devices market is segmented into primary, partial, and revision devices. The primary segment is further subsegmented into primary cemented devices and primary cementless devices. Among these product types, the primary devices are widely used and thus, occupy high market share in the global market. On the basis of geography, this market is segmented into the Americas, Europe, and Asia-Pacific regions. The Americas led the global market in 2014. It was followed by the European market.
Major players profiled in the global knee reconstruction devices market report include Zimmer, Inc. (U.S.), Stryker (U.S.), DePuy Synthes (U.S.), Smith & Nephew plc (U.K.), Arthrex, Inc. (U.S.), Exactech, Inc. (U.S.), Corin (U.K.), DJO Global (U.S.), Japan Medical Dynamic Marketing, Inc. (Japan), Tornier, Inc. (Netherlands), and United Orthopedic Corporation (Taiwan), among others.
Key stakeholders of this market include orthopedic implant manufacturing companies, distributors of medical devices, healthcare institutions (hospitals, medical schools, and governing bodies), health insurance players, research and consulting firms, and regulatory authorities such as Food and Drug Administration (FDA).
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