June 08, 2021
According to the recent research report titled ‘Knee Reconstruction Devices Market Insights, Competitive Landscape and Market Forecast-2026’, available with Market Study Report LLC, global knee reconstruction devices market is anticipated to grow momentously during 2021-2026.
As per the findings of the report, global knee reconstruction devices market growth is primarily driven by increasing life expectancy and rising incidences of arthritis due to a sedentary lifestyle. Furthermore, growing awareness of the availability of low-cost shoulder injury-related medicines has a significant impact on the market development.
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Technological advances, rising prevalence of orthopedic diseases, and increasing number of joint reconstruction surgeries are positively influencing the industry expansion.
For the unaware, shoulder reconstruction operations are performed to fix the glenohumeral joint partially or entirely with a prothetic implant comprising polyethylene and metal parts.
The document also covers a detailed analysis of the restraints and opportunities in the marketplace along with historical data (2018-2020) and forecast statistics (2021-2026). It takes into consideration the opinions of KOL (Key Opinion Leaders) and SME (Subject Matter Expert) through primary research to bridge the data gaps and validate the forecasts statistics. Their input aids in the comprehension and validation of present and emerging therapy treatment patterns. This will assist clients in making well-informed business decisions by recognizing the market's general picture and unmet needs.
The research literature also factors in the growth potential of the various sub-markets, including type and regional bifurcation. Considering the type, the market is categorized into unicompartmental and 3-compartmental. With respect to the regional landscape, the key regions contributing to worldwide knee reconstruction devices market valuation are the United States, EU5 (United Kingdom, France, Italy, Spain, and Germany), and Japan.
Coming to the competitive landscape, Evolutis India Pvt Ltd., Exactech Inc., DJO Global, Conmed Corporation, Smith & Nephew plc, Wright Medical Group N.V., Johnson & Johnson (J&J), Arthrex Inc., Zimmer Biomet Holdings Inc., and Integra LifeSciences Corporation are the major firms impacting global knee reconstruction devices market trends.
The business intelligence report appraises these behemoths on the basis of their product portfolio/services, financial parameters, as well as mergers & acquisitions, and other research & development activities. It further presents the winning strategies adopted by key players to maintain an upward growth trajectory in this vertical.