Europe Knee Reconstruction Devices Market is Estimated to Grow at a CAGR of 4.5%, From 2016 to 2021

The Report “Europe Knee Reconstruction Devices Market, By Product Type (Primary Knee Reconstruction Devices, Partial Knee Reconstruction Devices and Revision Knee Reconstruction Devices) - Forecasts to 2021” is estimated to grow at a CAGR of 4.5%, from 2016 to 2021.

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

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Arthritis is one of the major chronic disease affecting 1 in 8 Canadians aged 65 and above. It is the primary reason for the physical disability in elderly population with a musculoskeletal disorder. The prevalence and severity of arthritis increases with age. Arthritis is a degenerative disease that attacks the articulation of joints and contributes to most self-reported disability.

Technological advancements in knee reconstruction market, such as newly developed prostheses with improved strength and reliability of joints are reducing the need and cost of revision surgery. Minimally invasive techniques for knee replacement surgery will improve the precision and accuracy of surgeons, thus reducing the time of surgery. The emergence of these techniques and other improved surgical tools for the treatment of arthritis is expected to address the rising demand for surgery in the forecast period. Government initiative of allocating new funds and development of new policies has reduced the waiting time for knee replacements and increased the number of operations being performed. However, achieving 90% threshold of patients receiving care within the benchmark time frame still remains a hurdle difficult to overcome.

The knee reconstruction covered in this report is categorized into product type, namely primary knee reconstruction devices, partial knee reconstruction devices, and revision knee reconstruction devices. Primary knee reconstruction devices is further categorized as primary cemented devices and primary cementless devices. By geography, the European knee reconstruction is market is divided into Germany, France, U.K., Spain and Italy.

The Europe knee reconstruction devices market is expected to register a CAGR of 4.5% between 2016 and 2021. The Primary Knee Reconstruction segment accounted for the largest share i.e. around 80% of the overall knee reconstruction devices market in 2015 in Europe.

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.

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