U.S. Markets for Joint Replacement Medical Device Research Industry Outlook, Growth Prospects and Key Opportunities 2024




Axiom Market Research and Consulting added a, “Joint Replacement Market Report, by Type, End User and Geography – Global Market Share, Trend Analysis & Forecast Up To 2024”. Joint replacement is the process of replacing a damaged joint with an artificial. The global joint replacement market is estimated and forecasted in terms of revenue (USD million) generated by the market.


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Various kind of joint diseases like osteoarthritic and inflammatory arthritis lead to joint replacement. These operations are done to relieve severe pain and reduced mobility of advanced arthritis, particularly osteoarthritis. Robotic-assisted surgeries and technological advancements have played a principal role in industry growth during the recent years.


Joint Replacement Market Analysis based on Type:
Knees replacement, hip replacement, ankle replacement, shoulder replacement and others. Others including finger and hand replacement. The knee and hip replacements are two of the most common and successful surgical procedures performed today, Moreover, the Knee replacement segment accounted for the largest share in the global joint replacement market in 2017.


Joint Replacement Market Analysis based End User:
Hospitals, Orthopaedic Centres and Ambulatory Surgery Centre. The hospital segment accounted for the highest share in terms of value and is expected to grow at a highest CAGR during the forecast period. Factors such as rising number of patients in the hospitals and considerable number of facilities offered in the hospitals are the major factors contributing to the growth of hospital segment during the projected period.


Joint Replacement Market Analysis based Geography:
North America, Europe, Asia Pacific and Rest of the world. North America accounted for largest market share in 2017, owing to presence of developed and well-established health care system in the region.


Brows Full Report Details: http://axiommrc.com/product/1735-joint-replacement-market-report


Leading Companies of Joint Replacement Market:
B. Braun Melsungen AG, Stryker, AK Medical Holdings Limited, Mindray, Corin, Mathys AG Bettlach, Smith & Nephew, Waldemar LINK GmbH & Co. KG, Medacta International, Exactech, Inc, DePuy Synthes, Zimmer Biomet, Johnson & Johnson Services, Inc. Key players in the global joint replacement market are focusing on expansions, acquisitions, agreements and investments as their major growth strategies, to enter new untapped markets, consequently increasing their respective market shares.


About Axiom MRC:
Axiom Market Research & Consulting™ (also known as Axiom MRC), is a full-service market research and data analytics firm, driven by a simple aim of providing key market intelligence to companies to assist them in taking informed business decisions pertaining to their marketing strategy, investments, new product launches, market competition, consumer or end users, social media trends etc.


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