According to FutureWise analysis the market for Joint Reconstruction in 2023 is US$ 35.14 billion, and is expected to reach US$ 57.81 billion by 2031 at a CAGR of 6.42%.
The rising prevalence of orthopedic diseases, increasing geriatric population across the world, growing demand for minimally invasive surgical techniques are some of the key factors accountable for the proliferation of the market. According to the National Institute of Health, over 600 million people across the world are aged 65 and above. Furthermore, a sedentary lifestyle and unhealthy dietary choices have resulted in people getting diagnosed with arthritis, rheumatoid arthritis, hip fracture, osteoarthritis, etc. which has further boosted the growth of the market.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Joint Reconstruction Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Joint Reconstruction Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.