The Artificial Joints Market size was valued USD 18,476.80 million in 2023 and is estimated to be reach at US$ 28,604.88 million by 2030, growing at a CAGR of 5.6% during the forecast period 2024-2030. The growth of the market is majorly driven by increase in related factors such as obesity.
As efficient medical therapies for joint illnesses characterized by limited mobility, inadequate load bearing capacity, and excruciating pain, such as osteoarthritis, rheumatoid arthritis, avascular necrosis of the femoral head, femoral neck fracture, bone tumor, etc., a variety of artificial joints have been used. Moreover, it should be remembered that returning to normal activities following a joint arthroplasty result in the growth of the self-motivating life fields, the enhancement of the systemic metabolism, and the encouragement of spiritual aspirations. As a result, functionally suitable prosthetic joints are extremely valuable medical equipment.
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The Artificial Joints Market segmentation:
1) By Material: Oxinium, Ceramic, Alloy, and Other Materials.
2) By Application: Hip & Knee, Ankle, Wrist, Shoulder, Elbow.
3) By End User: Prosthetic Clinics, Hospitals, Rehabilitation Centers.
Your shin bone (tibia), calf bone (fibula), and talus bone connect at the ankle joint. It connects your lower leg and foot. In addition, there are blood vessels, muscles, ligaments, nerves, and cartilage in your ankle. You use your ankles whenever you move your feet and legs, and they move in two primary directions.
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The prominent key players operating in the Artificial Joints Market is Aesculap AG, Biomet, Inc., Depuy Synthes (Johnson & Johnson), DJO Global, Inc., Exactech, Inc., Globus Medical, JRI Orthopaedics, Medtronic, Inc., NuVasive, Inc., Smith & Nephew, Stryker Corp., Zimmer Holdings
Scope of The Report:
· The Artificial Joints Market research report includes historical data, trending features, and market growth estimates for the future.
· The qualitative and quantitative analysis of the market along with CAGR calculation for the forecast period.
· The market report helps to provide the best results for business enhancement and business growth.
· The report gives a comprehensive overview of both primary and secondary data.
· The market key players covered here to help them strengthen their place in the market.
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