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The North American joint reconstruction market is broadly classified on the basis of product types, which include ankle replacement, digit replacement, elbow replacement, hip replacement, knee replacement, and shoulder replacement.
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MicroMarketMonitor World’s 1st Real Time Market Intelligence Forecasts North American Joint Reconstruction Market Analysis and Forecast to 2019.
About North American Joint Reconstruction Market • Joint reconstruction accounts for largest share of the orthopedic devices market. The increasing number of osteoarthritis and rheumatoid arthritis patients and the introduction of minimally invasive technologies are factors that increase the demand for joint reconstruction, globally. Joint reconstruction is widely used in relieving the joint pain caused due to damaged cartilages.
Business Opportunities • Technological advancements are another factor that leads to the growth of the market. • For instance, Smith & Nephew launched the VLP FOOT Percutaneous Calcaneus Plating System, which was designed to treat calcaneus fractures, • The PERI-LOC Ankle Fusion Plating System. Stryker, Synthes, and Zimmer have helped open up new target segments for minimally invasive joint replacement surgeries.
Profit of business • The market was valued at $9,136.2 million in 2014 and is expected to reach $11,736.5 million by 2019, at a CAGR of 5.1% during the forecast period. • The U.S. joint reconstruction market commanded the largest share of about 90.3% of the North American market, followed by Canada, which is expected to grow at a CAGR of 4.6%. • The ankle replacement segment is expected to grow at the highest rate of 11.1%, while the knee replacement segment covers the maximum share of 47.8% of the market.
Applications • Ankle Replacement • Digit Replacement • Elbow Replacement • Hip Replacement • Knee Replacement • Shoulder Replacement Know more about the applications of North American Joint Reconstruction Market follow the below link- http://www.micromarketmonitor.com/market/north-america-joint-reconstruction-4925341173.html
Leading Companies • Some of the key market players operational in North American Joint Reconstruction Market include - • Zimmer Holdings Inc. (U.S.) • DePuySynthes Companies (Germany) • Stryker Corporation (U.S.) • Biomet Inc. (U.S.) • Smith & Nephew Plc. (U.K.) • Wright Medical Technology, Inc. (U.S.) • TornierN.V. (Netherlands) Get a Customized Report on North American Joint Reconstruction Market http://www.micromarketmonitor.com/market/north-america-joint-reconstruction-4925341173.html
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