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Europe Joint Reconstruction Market worth $5.3 billion by 2019


The Report “Europe Joint Reconstruction Market by Type (Ankle Replacement, Digit Replacement, Elbow Replacement, Hip Replacement, Knee Replacement, Shoulder Replacement), by Geography – Analysis & Forecast to 2019” is estimated to reach $5.3 billion by 2019, at a CAGR of 4.6% from 2014 to 2019.

                                                 

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

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Joint reconstruction surgery is performed to replace whole or parts of joints damaged either by trauma or indications such as osteoarthritis, rheumatoid arthritis, osteonecrosis, or mal-aligned joints.  Joint reconstruction surgery is done to alleviate pain, improve mobility and increase quality of life. The joint reconstruction market is the largest segment in the orthopedic devices market. Knee and hip implants are its largest sub-segments, followed by small joint implants or sports medicine.

The demand for joint reconstruction has continued to remain robust across all countries in Europe. This can be attributed to the increase in chronic disorders mainly with increase aging population, better diagnosis facilities, and improved healthcare infrastructure.

The market has been divided into various segments by type – knee replacement, hip replacement, shoulder replacement, elbow replacement, ankle replacement and digit replacement.
Geographically, Germany contributed approximately 35% to the European joint reconstruction market in 2014. Germany joint reconstruction market was estimated to be $1.5 billion in 2014, and is expected to grow at a CAGR of 4.7% from 2014 to 2019. The knee and hip implants are mature markets while the small joints markets are gaining momentum.

This report also includes the market share, value chain analyses, and market metrics such as drivers, restraints and upcoming opportunities in the market. In addition, it presents the competitive landscape and company profiles of key players in the market.

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