What Is the Current Scenario of the Small Joint Reconstructive Implants Market?

1. Small Joint Reconstructive Implants Market to Value $10.1 Billion by 2024 © P&S Intelligence. All rights reserved Page 1

2. Due to the increasing prevalence of arthritis across the world, soaring geriatric population in several countries, and rising incidence of osteoporosis, the valuation of the global small joint reconstructive implants market will rise from $7.4 billion to $10.1 billion from 2018 to 2024. The market will advance at a CAGR of 5.5% between 2019 and 2024, according to the estimates of P&S Intelligence, a market research firm based in India. The increasing prevalence of arthritis is one of the major factors responsible for the surge of the small joint reconstructive implants market. According to a report published by the Arthritis Foundation, arthritis is one of main factors responsible for growing incidence of disability amongst the adults in the U.S. Furthermore, the report says that almost 300,000 babies and children suffer from arthritis or rheumatic diseases across the country. The total number of arthritis patients in the country is predicted to be over 74 million by 2040. To receive sample copy of this report: https://www.psmarketresearch.com/market-analysis/small- joint-reconstructive-implants-market/report-sample A similar situation is also observed in the European nations. The National Rheumatoid Arthritis Society of Europe carried out a study in 2017 which said that the incidence of rheumatoid arthritis was observed in almost 20 to 50 persons out of every 100,000 people in the various European nations. Besides the growing incidence of arthritis, the increasing geriatric population is also fuelling the progress of the small joint reconstructive implants market throughout the globe, because of the fact that the older people are more vulnerable to rheumatic diseases. Make an Enquiry before Purchase: https://www.psmarketresearch.com/send-enquiry?enquiry- url=small-joint-reconstructive-implants-market There are two main categories present under the end user segmentation in the small joint reconstructive implants market namely ambulatory surgical centers (ASCs) and hospitals. Between the two categories, the hospitals category will demonstrate higher growth in the market in the forthcoming years. This is attributed to the presence of a large patient pool suffering from various joint-related problems and ailments and the growing number of osteopathic surgical procedures being conducted in hospitals across the world. Hence, it can be concluded that the market will register substantial growth all over the world in the upcoming years, primarily because of the rising prevalence of arthritis and various rheumatic diseases, increasing geriatric population, and growing incidence of road accidents across the world. © P&S Intelligence. All rights reserved Page 2

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