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Global Knee Reconstruction Market: About this marketSpeak directly to the analyst to clarify any post sales queries you may have.
The knee reconstruction market analysis considers sales from fixation devices and bone graft products. Our report also provides a detailed analysis of the market in Asia, Europe, North America, and ROW. In 2019, the fixation devices segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as increasing prevalence of anterior cruciate ligament (ACL) injuries and new product launches will play a significant role in the fixation devices segment to maintain its market position. Also, our global knee reconstruction market report looks at factors such as increasing incidence of knee injuries, expanding a number of product launches, and increasing M&A activities. However, high costs related to knee reconstruction, product recalls, and stringent regulations and complications associated with knee reconstruction surgeries may hamper the growth of the knee reconstruction industry over the forecast period.
Global Knee Reconstruction Market: Overview
Increasing incidence of knee injuries
The increase in the number of individuals involved in physical activities associated with public health initiatives and sport-related activities, is increasing the incidence rate of ACL injuries. This augments the demand for knee reconstructions. Vendors are capitalizing on this situation and are focusing on developing technologically advanced orthopedic devices for pediatric patients. Moreover, they are launching new products to expand their product portfolios and increase sales. Increasing incidence of knee injuries will lead to the expansion of the global knee reconstruction market at a CAGR of over 4% during the forecast period.
Integration of software tools in knee reconstruction surgeries
The increasing emergence of artificial intelligence and RADAR software in orthopedic industries is encouraging the key players to integrate their systems and devices with software tools to provide more accuracy and reduce the failure rate of knee surgeries. Robotic surgeries promote higher accuracy in femoral rotational alignment compared with conventional surgery. Moreover, such surgeries lessen the dependence of procedural outcomes on the expertise of surgeons. Such technological advances and the increasing integration of software-and-computer assisted surgeries in knee surgical procedures is expected to have a positive impact on the overall market growth.
Competitive Landscape
With the presence of several major players, the global knee reconstruction market is fragmented. The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading knee reconstruction manufacturers, that include Arthrex Inc., CONMED Corp., Corin Group Plc, Johnson & Johnson Services Inc., LifeNet Health Inc., Medtronic Plc, OrthoPediatrics Corp., Smith & Nephew Plc, Stryker Corp., and Zimmer Biomet Holdings Inc.
Also, the knee reconstruction market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
Table of Contents
PART 01: EXECUTIVE SUMMARYPART 07: CUSTOMER LANDSCAPEPART 09: DECISION FRAMEWORK
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
PART 04: MARKET SIZING
PART 05: FIVE FORCES ANALYSIS
PART 06: MARKET SEGMENTATION BY PRODUCT
PART 08: GEOGRAPHIC LANDSCAPE
PART 10: DRIVERS AND CHALLENGES
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
PART 13: VENDOR ANALYSIS
PART 14: APPENDIX
List of Exhibits
Executive Summary
The following companies as the key players in the global knee reconstruction market: Arthrex Inc., CONMED Corp., Corin Group Plc, Johnson & Johnson Services Inc., LifeNet Health Inc., Medtronic Plc, OrthoPediatrics Corp., Smith & Nephew Plc, Stryker Corp., and Zimmer Biomet Holdings Inc.Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the integration of software tools in knee reconstruction surgeries.”
According to the report, one of the major drivers for this market is increasing the incidence of knee injuries
Further, the report states that one of the major factors hindering the growth of this market is the high costs related to a knee reconstruction
The study was conducted using an objective combination of primary and secondary information, including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Arthrex Inc.
- CONMED Corp.
- Corin Group Plc
- Johnson & Johnson Services Inc.
- LifeNet Health Inc.
- Medtronic Plc
- OrthoPediatrics Corp.
- Smith & Nephew Plc
- Stryker Corp.
- Zimmer Biomet Holdings Inc.