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An outlook on Total Knee Replacement Market growth is presented in this latest research report that reviews industry growth drivers, trends, regional factors & companies as well as provides forecasts for next few years.
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Total Knee Replacement Market 2020 to 2026, Key Industry Players & Growth Trends • Innovations in the healthcare sector aimed at providing reliable, simplified and advanced treatment has led to technological enhancement of implant material with the introduction of customized replacement implants, positively influencing the global total knee replacement market share. Notable benefits provided by knee replacement surgery such as the restoration of regular functioning of knee has encouraged the younger populations to go through the replacement surgeries when needed. • Aging population is highly prone to suffer from degenerative diseases such as osteoporosis, leading to demand for total knee replacement procedures. According to Census Bureau, ageing population in the US is estimated to be around 46 million and will double by 2060. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
According to reports, in 2016, partial knee replacement segment led total knee replacement market and is estimated to register notable CAGR of more than 3.4% between 2018-2024. Favorable regulatory scenario is propelling the industry expansion. These include the Hip and Knee Replacement Association in the U.S. which has enforced regulations on the manufacturers that facilitate modifications in partial knee replacements, increasing the adoption of the system over conventional techniques. • Currently, 3D printed surgical implants coupled with jigs devices and customized inserts are being widely adopted in surgeries to provide improved results, amplifying global total knee replacement market outlook. High costs associated with surgical procedures may hamper the market growth in the coming years. However, the presence of several insurance options and initiatives undertaken by the government has resulted in lower cost of knee replacement surgeries. • Benefits offered by the procedures like replacement of only damaged components of the knee coupled with limited erosion of healthy tissues will boost the market trends. Increasing number of femur shaft fractures is steering femoral knee replacement industry share. Reportedly, femoral knee replacement market size is estimated to grow with a CAGR of 3.7% over the forecasted timeframe. © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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Regional Analysis • Robust healthcare sector in the U.S. along with high disposable income among people has steered innovations in the industry. Moreover, increasing geriatric population base across the region suffering from degenerative diseases such as osteoarthritis and the presence of high-quality medical equipment and components will bolster total knee replacement market trends in the coming years. • Competitive Analysis • Some of the leading total Knee replacement market players include Stryker, Smith & Nephew, ConforMIS, B. Braun, Zimmer Biomet, Corin Group, Johnson and Johnson and Microport Scientific Corporation among others. Make An Inquiry To Purchase This Report @ https://www.gminsights.com/inquiry-before-buying/2804 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
Latest Research Report On Total Knee Replacement Market @ https://www.gminsights.com/industry-analysis/total-knee-replacement-market Request for sample of this research report@ https://www.gminsights.com/request-sample/detail/2804 Request for customization: https://www.gminsights.com/roc/2804 © 2017 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com
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