Rising Incidences of Accidents Coupled With Rising Number of Surgeries to Drive the Market Growth

Published: Nov 2023

The global joint reconstruction devices market is anticipated to grow at a considerable CAGR of 4.3% during the forecast period (2023-2030). Significant factors contributing to the joint reconstruction devices market include robust healthcare infrastructure, rising surgical procedures, increasing investment in R&D of the joint reconstruction devices, and increasing number of trauma and accident cases. Road accidents lead to fractures of various bones, including those in the extremities such as the legs, arms, and pelvis. Joint reconstruction devices, such as plates, screws, and intramedullary nails, may be used in surgical procedures to stabilize and repair fractured bones. 

Browse the full report description of “Joint Reconstruction Devices Market Size, Share & Trends Analysis Report by Technique (Joint Replacement, Osteotomy, Arthroscopy, Resurfacing and Arthrodesis), and by Joint Type (Knee, Hip, Shoulder, Ankle, and Others), Forecast Period (2023-2030)” at https://www.omrglobal.com/industry-reports/joint-reconstruction-devices-market

Road fatalities per million population by country, 2022

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Source: GOV.UK Statistics

In recent years, the increasing incidences road and other accidents coupled with an increasingly aging population. According to the national statistics provided by the UK government, in 2022, 29,742 people were killed or seriously injured (KSI) casualties, 1,711 fatalities cases were registered and 135,480 were casualties of all severities. As a result, the number of surgical procedures is increasing in the UK. Owing to these factors, the key players are launching technical advanced products to cater the demand in market. In April 2023, Prashanth Hospitals launched 4th Generation Robot for Joint Reconstruction. The 4th Generation Robot used infrared cameras and optical trackers to 3D map the joint and collect precise data of a patient's anatomy, thereby providing a favorable implant for every single procedure. The tailor-made technique allowed surgeons to make instantaneous decisions and remove the affected bone areas, with a 30% increase in efficiency and improved accuracy. 

Market Coverage

The market number available for – 2022-2030

Base year- 2022

Forecast period- 2023-2030

Segment Covered- 

o By Technique

o By Joint Type

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includes CONMED Corp., Johnson & Johnson Services, Inc., (DePuy Synthes, Inc.), Medtronic plc, Stryker Corp., among others.

Key questions addressed by the report

What is the market growth rate?

Which segment and region dominate the market in the base year?

Which segment and region will project the fastest growth in the market?

Who is the leader in the market?

How players are addressing challenges to sustain growth?

Where is the investment opportunity?

Global Joint Reconstruction Devices Market Report Segment

By Technique 

  • Joint Replacement
  • Osteotomy
  • Arthroscopy
  • Resurfacing
  • Arthrodesis 

By Joint Type

  • Knee
  • Hip
  • Shoulder
  • Ankle
  • Others (Pivot Joint, Saddle joint)

Global Joint Reconstruction Devices Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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