Joint Reconstruction Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

Joint Reconstruction Devices Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

The global joint reconstruction devices market size reached US$ 26.1 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 36.5 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.

Joint reconstruction devices are primarily designed for restoring the movement of joints, providing them with structural support either temporarily or permanently, or aiding in tissue reconstruction. These devices are utilized separately or together with one or more implantable medical devices as a replacement in whole or part for shoulder, hip, or knee joints. Nowadays, joint disorders like osteoarthritis (OA) are widely becoming prevalent on account of sedentary lifestyles and unhealthy dietary patterns of individuals. This is positively influencing the requirement for joint reconstruction devices across the globe.

Joint Reconstruction Devices Market Trends:
The rising geriatric population around the world represents one of the key factors stimulating the growth of the market. Moreover, the advent of advanced, emerging technologies, such as 3D printing, robotics, and augmented reality (AR), are making joint reconstruction safer, more accurate, and efficient. 3D printing is increasingly being used in creating customized bio models (replicas of patient anatomy), devices, and implants to plan and simulate complex surgical procedures. This technology facilitates joint replacements associated with infection or the failure of a previous replacement joint. Besides this, robotic-assisted surgery is emerging as an innovative method for hip and knee arthroplasty as it offers enhanced component positioning, real-time information about soft tissue tensioning and balance, and restoration of hip length and offset. This, coupled with the increasing accidental or sports-related injuries that cause broken bones and dislocations, is strengthening the growth of the market. Apart from this, there is a rise in the number of individuals requiring total ankle replacement (TAR) and tibiotalar arthrodesis (TTA) for the surgical management of ankle arthritis, which is projected to drive the market.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global joint reconstruction devices market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on technique, joint type and end user.

Breakup by Technique:

Joint Replacement
Implants
Bone Graft
Osteotomy
Arthroscopy
Resurfacing
Arthrodesis
Others

Breakup by Joint Type:

Knee
Hip
Shoulder
Ankle
Others

Breakup by End User:

Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers (ASCs)
Others

Breakup by Region:

North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aesculap Inc. (B. Braun Melsungen AG), Conformis Inc., Conmed Corporation, DJO Global Inc. (Enovis Corporation), Exactech Inc., Johnson & Johnson Services Inc, Kyocera Medical Technologies Inc. (Kyocera Corporation), Medacta International SA, Smith & Nephew plc, Stryker Corporation and Zimmer Biomet.

Key Questions Answered in This Report:
How has the global joint reconstruction devices market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global joint reconstruction devices market?
What are the key regional markets?
What is the breakup of the market based on the technique?
What is the breakup of the market based on the joint type?
What is the breakup of the market based on the end user?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global joint reconstruction devices market and who are the key players?
What is the degree of competition in the industry?