Knee Reconstruction Devices: Which geography would provide most opportunities in the next 5 years?
The global knee reconstruction devices market is expected to reach $7.94 Billion, at a CAGR of 4.3%
(EMAILWIRE.COM, December 03, 2018 ) 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.
Factors influencing the growth of the global knee reconstruction devices market include rise in aging population, initiatives undertaken by the governments of various countries for allocation of new funds and development of new policies, and technological advancements in the global market.
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The global knee reconstruction devices market was led by the Americas in 2014. It was followed by market in the European and Asia-Pacific regions. China, Japan, India, the Republic of Korea, Australia, Singapore, New Zealand, Thailand, Malaysia, Indonesia, Taiwan, and Vietnam are the countries of the Asia-Pacific market covered in this report. The Asia-Pacific knee reconstruction devices market is expected to grow at a CAGR of 6.1% from 2015 to 2020. Some of the Asian countries, such as India, Thailand, and Malaysia, among others are becoming well-known destinations for medical tourism as they offer low-cost knee reconstruction procedures and high quality health care.
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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.
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