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Global Orthopedic Joint Replacement Market Analysis & Forecast 2024-2034, Featuring Stryker, Zimmer Biomet, Enovis, Smith + Nephew, Conformis, Bioimpianti & MicroPort Scientific | ||
By: PR Newswire Association LLC. - 12 Feb 2024 | Back to overview list |
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DUBLIN, Feb. 12, 2024 /PRNewswire/ -- The "Global Orthopedic Joint Replacement Market Analysis & Forecast to 2024-2034" report has been added to ResearchAndMarkets.com's offering. The global orthopedic joint replacement market size was estimated to be USD 22.46 billion in 2023 and is expected to reach at USD 52.16 billion by 2034 with a CAGR of 7.96% during the forecast period 2024-2034. The demand for personalized joint implants is on the rise for both males and females. Major medical device companies are actively employing advanced technologies to produce orthopedic implants tailored to individual patients. The introduction of 3D printing technology for manufacturing orthopedic implants has gained momentum, leading to an increased demand for customized implants. The adoption of surgical robots in the orthopedic field has enhanced the efficiency of surgical procedures, prompting many hospitals to provide robotic surgeries for treating various orthopedic diseases. Additionally, numerous manufacturers are concentrating on the development of surgical robots that can be utilized in spinal fusion surgeries alongside the company's implants and navigation tools. Rising introduction of advanced orthopedic joint replacement systems is the major factor driving the market growth. Additionally, the Asia Pacific region is predicted to grow at fastest CAGR during the forecast period owing to the rising incidence of osteoarthritis, an increasing demand for orthopedic joint replacement implants, a growing healthcare expenditure, a surge in technological advancements, and an expanding adoption of advanced products. By Product
By Procedure
By End-user
Companies Profiled
For more information about this report visit https://www.researchandmarkets.com/r/8u3cw1 About ResearchAndMarkets.com ResearchAndMarkets.com is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Media Contact: Research and Markets For E.S.T Office Hours Call +1-917-300-0470 U.S. Fax: 646-607-1907 Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets |
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Copyright 2024 PR Newswire Association LLC. | Back to overview list |