Future Market
Insights (FMI) delivers key insights on the global hips & knees
reconstructive market in its upcoming report titled “Hips &
Knees Reconstructive Market: Global Industry Analysis (2012–2016)
and Opportunity Assessment (2017 – 2027)”. In terms of revenue,
the global hips & knees reconstructive market is projected to
register a CAGR of 6.4% over the forecast period, owing to various
factors regarding which FMI offers detailed insights and information
in this report. A key trend witnessed in the global hips & knees
reconstructive market is that manufacturers are focussing on new
product innovations that are driving technological advancements, but
are also cost effective. Globally, surgeons are adopting new
minimally invasive surgical procedures, computer-navigated and
robot-assisted surgical procedures, 3D printing technology and smart
implants, which will have a significant impact on the overall growth
of the global hips & knees reconstructive market.
The global hips &
knees reconstructive market is segmented based on product type,
fixation type, end user and region. Based on product type, the market
segmented into hip and knee reconstruction. The fixation type is
segmented into cement, cementless and hybrid fixations. Total hip and
knee reconstruction is the leading product type segment in the global
hips & knees reconstructive market over the forecast period. The
knee reconstruction segment is estimated to be valued at US$ 8,719.9
Mn by 2017 end and is projected to be valued at US$ 16,653.2 Mn by
2027 end, growing at a CAGR of 6.8% during the forecast period. The
hip reconstruction segment is expected to be the second most
lucrative segment in the global hips & knees reconstructive
market, with an attractiveness index of 0.8 during the forecast
period.
Based on fixation
type, cementless fixation is the leading segment in the global hips &
knees reconstructive market over the forecast period. The hybrid
segment accounted for 28.1% value share in 2016 and is projected to
account for 29.9% share by 2027 end. It is the second most attractive
segment in the global hips & knees reconstructive market with an
attractiveness index of 1.0 during the forecast period.
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By end user, the
market is segmented into hospitals, orthopaedic clinics, and
ambulatory surgical centres. Hospitals is the leading segment in the
global hips & knees reconstructive market over the forecast
period. Demand for hip and knee reconstruction is expected to be the
highest in hospitals, and this segment is projected to register a
CAGR of 6.1 % over the forecast period.
North America is
expected to gain popularity over the forecast period, driven by an
increasing geriatric population requiring hip and knee
reconstruction. The North America market is predicted to dominate the
global hips & knees reconstructive market, accounting for a
maximum revenue share of the market by 2017 end. The North America,
Western Europe, and Asia Pacific excluding Japan markets are
collectively expected to account for around 79% of the global hips &
knees reconstructive market value share by 2017 end. Revenue from the
market in APEJ is estimated to expand at a CAGR of 6.8% over the
forecast period.
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Full Table of Content, figure and Tables@
https://www.futuremarketinsights.com/reports/hips-and-knees-reconstructive-market/toc
Some of the key hips
& knees reconstructive market players covered in the report
include Zimmer Biomet, Stryker, DePuy Companies (Sub. Johnson &
Johnson Services, Inc.), Smith & Nephew Plc, Exactech, Inc., B.
Braun Melsungen AG, MicroPort Scientific Corporation, Limacorporate
S.p.A., CeramTec, and ConforMIS. In this report, we have discussed
the individual strategies followed by these companies regarding
bringing improvements in their products, creating new manufacturing
facilities, market consolidation and advanced R&D initiatives.
The report concludes with key takeaways for players already present
in the market and new players planning to enter the market.
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