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Asia Pacific Knee Reconstruction Devices Market is Estimated to Grow at a CAGR of 6.5%, From 2016 to 2021


The Report “Asia Pacific Knee Reconstruction Devices Market, By Product Type (Primary Knee Reconstruction Devices, Partial Knee Reconstruction Devices and Revision Knee Reconstruction Devices) - Forecasts to 2021” market is estimated to grow at a CAGR of 6.5%, from 2016 to 2021.

                                                   

Browse through the TOC of the Asia Pacific Knee Reconstruction Devices Market for an analysis of industry trends and segments, with the help of various tables and figures.

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The total joint replacement of diseased or disabled knee using artificial knee implants has been established as a reliable and efficacious treatment modality that offers marked improvement in the functional ability and quality of life to hundreds and thousands of patients every year across the globe. Knee pain resulting from musculoskeletal disease like osteoarthritis (OA) is a vast and rapidly growing disease that is expected to create considerable demand for knee reconstruction surgery in near future as the population ages. Joint replacements are procedures undertaken by patients experiencing severe pain and limited mobility, usually resulting from arthritis (both degenerative and inflammatory). The damaged joint is replaced by an artificial joint that provides patient with significant pain and disability relief, thus resulting in improved functioning and quality of life.

 

The market is primarily driven by the aging population, and consequent growing incidence of age related diseases such as osteoarthritis and rheumatoid arthritis. Aging is one of the major factors contributing to the wear and tear of the musculoskeletal system. The strength of the bones gets reduced with the growing age, leading to orthopedic disorders. For instance, according to Population Reference Bureau in China, more than 9% of the population is within the age group of 65 years and above, which is estimated to reach more than 300 million by 2050. The rapidly increasing aging population in the Asia-Pacific region will accelerate the frequency of osteoarthritis, which is expected to increase the demand for orthopedic implant products in the country.

 

The knee reconstruction covered in this report is categorized by product type and by geography. Primary Knee Reconstruction devices, Partial Knee Reconstruction devices and Revision Knee Reconstruction devices. Primary Knee Reconstruction is further divided into Primary Cemented and Primary Cementless Devices.

 

The Asia-Pacific Knee Reconstruction devices market is fastest growing market and it is expected to register a CAGR of 6.5% between 2016 and 2021. The Primary Knee Reconstruction segment accounted for the largest share i.e. around 80% of the overall knee reconstruction market in 2015.

 

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 a competitive landscape and company profiles of the key players in the market, including major companies of the market.

 

About MicroMarket Monitor:

MicroMarket Monitor identifies and attends to various unmet needs of different industrial verticals, which include value chain impact analysis. The company publishes about 12000 Market Research Reports on various Micro Markets across the world. The graphical nature and multidimensional analysis of these reports provide advanced Business Intelligence Tools to the clients in that particular target market.

 

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