6 key trends in the North American joint reconstruction market

Laura Dyrda -   Print  | Email

The North American joint reconstruction market has four companies dominating the space, which continues to grow.

Here are six things to know about the North American joint reconstruction market:


1. The market was valued at $4.4 billion last year and is expected to grow over the next four years.


2. Through 2019, the markets is expected to increase at a 5.1 percent compound annual growth rate.


3. Zimmer, DePuy Synthes, Stryker and Smith & Nephew dominate the market. Biomet, which is being acquired by Zimmer, also holds a strong place in the market.


4. Market growth drivers include:


• Increasing demand for minimally invasive techniques
• Growing awareness about joint reconstruction benefits


5. The United States accounted for the largest share of the North American market — 90.3 percent.


6. The large population of patents suffering from rheumatoid arthritis and osteoarthritis results in increased technological advancements and new product launches by the key players.


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