Outlook of Joint reconstruction devices market status and development trends rev

1. Joint Reconstruction Devices Market Trends Research And Projections For 2021- 2027 • A research study conducted by Global Market Insights, Inc., suggests that joint reconstruction devices marketis likely to exceed the $25.3 billion mark by 2027, in terms of revenue. According to the NCBI (National Centre for Biotechnology Information), knee replacement surgeries have been confirmed as the most effective intervention that help in the reduction of knee pain and the promotion of physical function in patients having rheumatoid arthritis. • Furthermore, osteoporosis stands as one of the ten most prevalent diseases with almost 80% of the diagnosed population facing limitations in movement and more than 25% not being able to complete their regular activities. While shoulder replacement is chiefly recommended by a doctor in the instance of severe shoulder osteoarthritis, the increasing performance of these surgeries is projected to propel joint reconstruction devices market share through 2027. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

2. While the launch of such initiatives is expected to impel the penetration of joint reconstruction procedures over the coming years, hip replacement devices are likely to stand as a major growth inducing segment. These devices recorded a share of over USD 6.7 billion in 2020 and are poised to grow at a substantial rate of 4.0% between 2021 and 2027. • The market growth is also ascribed to a host of other drivers such as the surging prevalence of orthopedic disorders comprising rheumatoid arthritis and osteoarthritis. Numerous reports underscore that the incidence of rheumatoid arthritis is escalating with age and peaking within the age group of 35-50 years. • In fact, it would not be wrong to state that Zimmer Biomet’s revolutionary move comes on heels of a new survey conducted in the U.S which reports that over 48% of joint reconstruction surgery candidates opted for postponement of their treatment during 2020, fearing the increasing cases of COVID-19 pandemic. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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4. Regional Analysis • It is to be noted that, as per estimations, nearly 30% of the population in Brazil is slated to be represented by elderly people, which will help in boosting industry growth. In addition, factors like lack of physical activity and rising government initiatives for spreading awareness regarding the treatment of orthopedic diseases will fuel joint reconstruction devices market growth in Brazil. • Competitive Analysis • The key players operating in the global joint reconstruction devices Stryker, Medtronic, Zimmer Biomet, DJO Global, ConforMIS, Smith & Nephew, NuVasive, MicroPort Scientific Corporation, Globus Medical, Medacta, and Waldemar LINK Request for Customization @ https://www.gminsights.com/roc/2823 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

5. Latest Research Report On Joint Reconstruction Devices Market @ https://www.gminsights.com/industry-analysis/joint-reconstruction-devices-market Request for sample of this research report @ https://www.gminsights.com/request-sample/detail/2823 Request for customization: https://www.gminsights.com/roc/2823 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com

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