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Knee Reconstruction Equipment Market | Size, Share, Growth Analysis

Major players profiled in the global knee reconstruction equipment market report include Zimmer, Inc. (U.S.), Stryker (U.S.), DePuy Synthes (U.S.), Smith & Nephew plc (U.K.), Arthrex, Inc. (U.S.), Exactech, Inc. (U.S.), Corin (U.K.), DJO Global (U.S.), Japan Medical Dynamic Marketing, Inc. (Japan), Tornier, Inc. (Netherlands), and United Orthopedic Corporation (Taiwan), among others.
Key stakeholders of knee reconstruction equipment market include orthopedic implant manufacturing companies, distributors of medical devices, healthcare institutions (hospitals, medical schools, and governing bodies), health insurance players, research and consulting firms, and regulatory authorities such as Food and Drug Administration (FDA).
Technological advancements in the global knee reconstruction equipment market, such as newly developed prostheses with improved strength and reliability of joints, are reducing the need and cost of revision surgeries. Additionally, the rising healthcare expenditure is a positive sign for the growth of this market during the forecast period, 2015 to 2020.
The global knee reconstruction equipment market was led by the Americas in 2014. It was followed by market in the European and Asia-Pacific regions. China, Japan, India, the Republic of Korea, Australia, Singapore, New Zealand, Thailand, Malaysia, Indonesia, Taiwan, and Vietnam are the countries of the Asia-Pacific market covered in this report. The Asia-Pacific knee reconstruction devices market is expected to grow at a CAGR of 6.1% from 2015 to 2020. Some of the Asian countries, such as India, Thailand, and Malaysia, among others are becoming well-known destinations for medical tourism as they offer low-cost knee reconstruction procedures and high quality health care.
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