Orthopaedic Joint Replacement Market 2022-2026 Technologies and Growth Opportunities

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Market for Orthopaedic Joint Replacement
Projected to Witness a Demand-Uptick Due to
Growing Footfall of Geriatric Patients One of the
most prevalent issues arising among the geriatric
population of today is osteoarthritis. Joint
replacement has risen as the most efficient
remedy for this age-induced crisis of failing
bones. Global reports suggest an increase in the
number of geriatric patients being admitted to
hospitals due to hip fractures and bone injuries
each passing year. This has largely aided growth
of the global orthopaedic joint replacement
market. While the COVID- 19 pandemic clasped its
grip across the world, widespread surgical
restrictions and cancellations took place. This
caused a momentary halt in market expansion.
Nevertheless, during the third wave, a situation
of fast recovery arose. A significant backlog of
postponed surgeries was cleared which amplified
market growth. Furthermore, innovations and
advancements on the technological front with
respect to knees and hip replacements are
rapidly charging up the market for orthopaedic
joint replacement. Get Exclusive PDF Sample Copy
Of This Report_at_ https//www.fairfieldmarketresea
rch.com/report/orthopaedic-joint-replacement-
market/request-sample Technological Advancements
Expected to Curate a Comfortable Customer Base in
Favour of the Orthopaedic Joint Replacement
Market The coming market period is expected to
see a boost in the extremity surgery and implant
section. Introduction of new and safer implants
like reverse shoulder implants, mobile bearing
implants, etc. are aiding adaptation of
replacement surgeries to treat diseases like
osteoporosis and arthritis. Similarly, amplified
technologies like non-invasive surgeries have
also escalated the market growth rate. Moreover,
cemented fixations have good survivorship and
low revision rates as compared to other types of
fixations. This has caused the cemented fixation
segment to hold a major share of market
expansion. Also, an ever-increasing number of
sports-related injuries, chronic diseases, and
other incidents of trauma are projected to
facilitate a rapid growth of the orthopaedic
clinic segment. North America Emerges as the
Dominant Shareholder of the Market for
Orthopaedic Joint Replacement Asia Pacific
Follows in Close Trail North America is reported
as the leading region of the market for
orthopaedic joint replacement. With an
increasing number of osteoarthritis cases among
older generations, prevalence of trauma and
accident cases, as well as the convenience of
insurance coverage, are expected to keep the
demand for orthopaedic joint replacements popular
in the region. Countries of the Asia Pacific
region are projected to display soaring growth
rates with respect to the market. This is due to
growing medical tourism in the region. India, and
other countries
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of the region are investing in better healthcare
facilities and are increasingly financing the
evolvement of healthcare infrastructure and
technology. Other factors supplementing growth
of the market for orthopaedic joint replacement
in the region include the increasing geriatric
population among Asian countries, as well as
overall prevalence of osteoarthritis, bone
injuries, osteoporosis, diabetes, and
obesity. Business Acquisitions Pose as the Go-To
Strategy of Key Market Players January 2021,
Stryker acquired OrthoSensor, Inc., a leader of
the digital evolution for total joint
replacement market. Simlarly, De Puy Synthess
VELYS Robotic-Assisted Solution intended for
practice with the ATTUNE Total Knee System,
strengthening their position in the market. Key
companies included in the market are Conformis
Johnson Johnson Services, Inc. (DePuy
Synthes) MicroPort Orthopedics Stryker Zimmer
Biomet SmithNephew DJO, LLC. Arthrex, Inc.
Exactech, Inc. and Corin Group. Check Complete
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