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Artificial Joints Market

The study segments Artificial Joints industry in light of major classification such as product type, potential markets, application, and end-user.

RayMarchant
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Artificial Joints Market

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  1. Artificial Joints Market To Reach USD 26.39 Billion By 2026 www.reportsanddata.com

  2. Market Summary Rising incidence of osteoarthritis and arthritis globally is a major factor influencing market growth. Market Size – USD 18.23 billion in 2018, Market Growth - CAGR of 4.6%, Market Trends –Rise in obese population, increase in unhealthy eating habits which in turn result in obesity which tend to develop knee, and hip replacement surgeries The Artificial Joints Market is expected to reach USD 26.39 Billion by 2026, according to a new report by Reports and Data. This can be mainly associated with the growing geriatric population, increasing incidence of osteoarthritis and arthritis which are expected to further accelerate the market growth globally. Based on statistics, rising obese population, increase unhealthy eating habits which in turn result in obesity which tend to develop knee, and hip replacement surgeries are also some of the factors that help to grow the size of the global market. www.reportsanddata.com

  3. Market Summary North America market for artificial joints accounted for the largest market share of 29.30% in 2018. North America currently dominates the artificial joints market due to the continuous increase in obese population, technological advancement, higher cost of implantable joints, rising geriatric population, upsurge in funding by government agencies and private organizations in healthcare. Florida, California, and Texas are significant revenue contributing regions in North America. Osteoarthritis is one of the leading diseases in advanced countries. It is also found in adults younger than age 60, who had to undergo total knee and hip replacement surgeries, are providing the market growth in many developed countries. The artificial joint, also known as prosthesis, is a device that is surgically implanted to replace a natural bone to correct joint abnormalities and to improve joint function. The global artificial joints market is segmented on the material used such as oxinium, ceramic, alloy, and other materials. In recent years, artificial joints have gained popularity, and it is anticipated to grow further during the forecast period. Factors such as the decreased risk of chemical inertness, resistance to corrosion, osteolysis, non-allergic properties, and biocompatibility would drive the market growth of the market. www.reportsanddata.com Avail the inside scoop of the Sample report @ https://www.reportsanddata.com/sample-enquiry- form/1345

  4. Market Summary Further key findings from the report suggest • Availability of high-level prosthetics that offer customization and improved functionality will continue to witness increasing demand in developed markets. • The prosthetic clinics segment of the end user is valued at USD 7.08 billion in 2018 and is expected to grow at a CAGR of 4.6% during the forecast period. • Moreover, developing economies such as India and China, with a significantly vast pool of potential reconstructive surgery patients, represent a significant opportunity for the artificial joints market. • The growing incidences of age-related musculoskeletal disorders are one of the important factors responsible for the market growth globally. • The most common musculoskeletal disorders among the aging population have been fractures, osteoarthritis, osteoporosis, and infections. • The artificial joints are designed to replicate the movement of a typical, healthy joint. • Musculoskeletal disorders have been the most prevalent disorder that affects the aging population. www.reportsanddata.com To read the full report now, with industry-wide coverage, visit: https://www.reportsanddata.com/checkout- form/1345

  5. Market Summary Key participants include Aesculap AG, Biomet, Inc., Depuy Synthes (Johnson & Johnson), DJO Global, Inc., Exactech, Inc., Globus Medical, JRI Orthopaedics, Medtronic, Inc., NuVasive, Inc., AK Medical, SAMO, Smith & Nephew, Stryker Corp., Arthrex, Zimmer Holdings. For the purpose of this study, Reports and Data have segmented the global Artificial Joints Market on the basis of Material, End-User, Application and Region: Material Outlook (Revenue, USD Million; 2016-2026) • Cobalt-chromium alloys • Titanium alloys • Metal-plastic End User Outlook (Revenue, USD Million; 2016-2026) • Prosthetics clinics • Hospitals • Rehabilitation centre • Others www.reportsanddata.com

  6. Market Summary Application Outlook (Revenue, USD Million; 2016-2026) • Hip and knee • Ankle • Wrist • Shoulder • Elbow Regional Outlook (Revenue, USD Million; 2016–2026, Volume, Tons; 2016-2026) • North America • Europe • Asia Pacific • Middle East & Africa • Latin America www.reportsanddata.com

  7. About Us About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. Contact US Contact US We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power, and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise. www.reportsanddata.com John Watson Head of Business Development Reports And Data | Web: www.reportsanddata.com Direct Line: +1-212-710-1370 E-mail: sales@reportsanddata.com

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