Leading players in the hips and knees reconstructive market are focusing on upscaling their manufacturing capacities and are investing in research & development activities to develop advanced implants.
DUBAI, UAE / ACCESSWIRE / October 5, 2020 / Future Market Insights: The hips and knees reconstructive market is forecasted to progress at an impressive CAGR of 6.4% in terms of value through the period of forecasting between 2017 and 2027. The growth of the market is majorly attributed to the growing adoption of advanced minimally invasive surgical procedures, the development of computer-navigated and robot-assisted surgical procedures, and the emergence of 3D printing technology and smart implants. However, the outbreak of COVID-19 is likely to adversely impact the steady growth of the market owing to changed medical priorities among patients and medical institutions.
“Factors such as rising awareness regarding the availability of effective treatment in both developed and developing countries, increased government spending, and foreign direct investments in emerging economies will continue to fuel the growth of the market through the forecast period,” says the FMI report
Request a Sample Report with Table of Contents and Figures: https://www.futuremarketinsights.com/reports/sample/rep-gb-2717
Key Takeaways
Hips and Knees Reconstructive Market – Driving Factors
Hips and Knees Reconstructive Market – Constraints
For any Queries Linked with the Report, Ask an Analyst@ https://www.futuremarketinsights.com/ask-question/rep-gb-2717
Anticipated Market Impact by Coronavirus Outbreak
On the back of the COVID-19 outbreak, which swiftly metamorphosed into a pandemic of unprecedented proportions, healthcare institutions are redirecting their efforts to treat people affected by COVID-19 infection. As a result, several elective procedures, including hip and knee reconstruction, have been postponed to reduce the risk of the novel coronavirus. On this premise, the demand for these procedures has witnessed a steep decline and the downtrend is likely to prevail through 2020.
Competition Landscape
The key players operating in the hips and knees reconstructive market include, but not limited to, Zimmer Biomet, Stryker, DePuy Companies (Sub. Johnson & Johnson Services, Inc.), Smith & Nephew Plc, Exactech, Inc., B. Braun Melsungen AG, MicroPort Scientific Corporation, Limacorporate S.p.A., CeramTec, and ConforMIS. Market players are focusing on improving the efficiency of their products while also keeping them cost-effective, and are working on R&D initiatives to achieve the same.
Buy Now@ https://www.futuremarketinsights.com/checkout/2717
More on the Report
The FMI’s market research report provides in-depth insights into the hips and knees reconstructive market. The market is scrutinized on the basis of product type (hip reconstruction (total hip reconstruction implants: metal-on-polyethylene, metal-on-metal, ceramic-on-polyethylene, ceramic-on-ceramic, others), partial hip reconstruction implants: revision implants, knee reconstruction, total knee reconstruction implants, partial knee reconstruction implants, revision implants)), fixation type (cement, cementless, and hybrid), end-user (hospitals, orthopaedic clinics, and ambulatory surgical centres)across seven major regions (North America, Eastern Europe, Western Europe, Latin America, Asia Pacific Excluding Japan, Japan, and Middle East and Africa).
Explore Wide-ranging Coverage of FMI’s Healthcare Landscape
Orthopaedic Prosthetics Market: Find insights on the orthopaedic prosthetics market with analysis of segments, statistics, influencers, market players, and business strategies adopted over a 10-year forecast period.
Orthopedic Braces And Support Market: FMI’s report on the orthopedic braces and support market offers insights on the market during 2020-2030, including restraints, revenue sources, market leaders, and market strategies.
Hip Kits Market: Read an analysis of the hip kits market with insights on growth factors, opportunities, restraints, regional market forecast, regulatory policies, and strengths of market leaders.
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Contact
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Report: https://www.futuremarketinsights.com/reports/hips-and-knees-reconstructive-market
Press Release Source: https://www.futuremarketinsights.com/press-release/hips-and-knees-reconstructive-market
SOURCE: Future Market Insights
View source version on accesswire.com:
https://www.accesswire.com/609096/Hips-and-Knees-Reconstructive-Market-to-Progress-at-CAGR-of-64-through-2027-COVID-19-Hinders-Market-Growth-Opines-Future-Market-Insights-Study
Self Regional Healthcare aims to upgrade its PACS, enhance diagnostic imaging capabilities, and strengthen its…
Ankle & Foot Centers of America's Columbus office, led by Dr. Jennifer Monaco, partners with…
AUSTIN, TX / ACCESSWIRE / November 27, 2024 / Interactive Strength Inc. (NASDAQ:TRNR) ("TRNR" or…
ANN ARBOR, MI / ACCESSWIRE / November 27, 2024 / Zomedica Corp. (NYSE American:ZOM) ("Zomedica"…
- Preselection Method for Cancers Responding to SLS009: High Efficacy of SLS009 Observed in 67%…
Webinar being held today "Evolving strategic context for phages, Introducing new opportunities" to present PHAXIAM…