Global Joint Reconstruction Market Estimated to be Worth $20,318.5 Million by 2019

PUNE, India, October 6, 2015 /PRNewswire/ --

According to the Market Research Report "Joint Reconstruction Market by Type (Ankle Replacement, Digit Replacement, Elbow Replacement, Hip Replacement, Knee Replacement, Shoulder Replacement), by Geography (North America, Europe, Asia-Pacific, Rest of the World) - Global Analysis & Forecast to 2019", The value of the Global Joint Reconstruction Market is estimated to be $15,925.9 million in 2014 and is projected to grow at a CAGR of 5.0 % from 2014 to 2019.

Browse through the TOC of Global Joint Reconstruction Market for an in-depth analysis of the industry trends and segments, with help of various tables and figures.

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Rheumatoid arthritis and osteoarthritis are clinical conditions that have impacted the global joint reconstruction market. Rising cases of patients suffering from these conditions have resulted in the overall demand of joint replacement techniques. In addition to this, technological advancements made in the field of minimal invasive surgeries, and implants utilized in joint reconstruction techniques have equally contributed to the growth of this market. Improved private financing and reimbursement coverage for these facilities have also propelled the demand of joint reconstruction procedures.

The global joint reconstruction market is segmented on the basis of type and geography. According to the geographical segmentation, this market is sub-divided into varied regions such as North America, Europe, Asia-Pacific, and rest of the world. Similarly, according to type, this market is categorized into knee replacement, hip replacement, ankle replacement, digit replacement, elbow replacement, shoulder replacements, and wrist replacement. North America generates the maximum revenue in the global joint reconstruction market. The demand for joint reconstruction implants in this region is anticipated to increase due to the rise in aging population and growing incidence of osteoarthritis and rheumatoid arthritis cases.

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Key Players of the Global Joint Reconstruction Market include:  

Zimmer Holding Inc. (U.S.), Depuy Synthes Companies (U.S.), Smith & Nephew Plc (U.K.), Stryker Corporation (U.S.), Tornier N.V. (Netherlands), Biomet Inc. (U.S.) and others.

The global joint reconstruction market is mainly segmented on the basis of type and geography. According to geographical segmentation, this market gets sub-divided into varied regions, such as North America, Europe, Asia-Pacific, and rest of the world. Among all regions, North America has generated the highest revenue in the global joint reconstruction market.

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