The Asia Pacific Joint Reconstruction Devices Market would witness market growth of 6.2% CAGR during the forecast period (2023-2030).
The trend towards minimally invasive surgical procedures has significantly influenced the market. Smaller incisions, reduced trauma, and quicker recovery times drive the adoption of minimally invasive joint surgeries, thereby influencing the development of corresponding implant technologies. Customization has become a key trend in joint reconstruction with the advent of patient-specific implants. Using advanced imaging procedures such as CT scans and MRI, implants can be tailored to the unique anatomy of individual patients, optimizing fit and function.
Emerging regenerative medicine trends influence the development of these devices that facilitate tissue regeneration. This includes using biological scaffolds, growth factors, and stem cells to enhance the body's natural healing processes. A notable shift towards outpatient joint replacement surgeries is observed, driven by advancements in anesthesia, pain management protocols, and surgical techniques. This trend aims to reduce hospital stays, enhance patient comfort, and optimize healthcare resource utilization.
According to the State Council, in 2021, the people of Chinese people on the mainland aged 60 or above will reach 264.02 million, including 190.64 million individuals aged 65 or above, or 13.5% of the total population. The aging demographic in China has contributed to an increased demand for joint replacement surgeries, including knee and hip replacements. Furthermore, the medical tourism index (MTI) for 2020-2021 places India at the tenth rank among 46 destinations globally, as reported by Invest India. From 2020 to 2021, the number of international visitors seeking medical treatment increased from 1.83 lakh to 3.04 lakh. Therefore, the factors mentioned above will propel market growth in this region.
The China market dominated the Asia Pacific Joint Reconstruction Devices Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,518.9 Million by 2030. The Japan market is registering a CAGR of 5.5% during (2023 - 2030). Additionally, The India market would showcase a CAGR of 6.8% during (2023 - 2030).
Free Valuable Insights: The Global Joint Reconstruction Devices Market is Predict to reach $ 36.9 Billion by 2030, at a CAGR of 5.2%
Based on Joint Type, the market is segmented into Knee, Hip, Shoulder, Ankle, and Others. Based on Technique, the market is segmented into Joint Replacement, Osteotomy, Arthroscopy, Resurfacing, Arthrodesis, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
List of Key Companies Profiled
- Stryker Corporation
- B.Braun Melsungen AG
- Zimmer Biomet Holdings, Inc.
- DePuy Synthes (Johnson & Johnson)
- Smith & Nephew PLC
- DJO Global (Enovis Corporation)
- Globus Medical, Inc.
- Wright Medical Group N.V.
- Exactech, Inc.
- United Orthopedic Corporation (Chi-Yi Investment Co. Ltd.)
Asia Pacific Joint Reconstruction Devices Market Report Segmentation
By Joint Type
- Knee
- Hip
- Shoulder
- Ankle
- Others
By Technique
- Joint Replacement
- Osteotomy
- Arthroscopy
- Resurfacing
- Arthrodesis
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Joint Reconstruction Devices Market, by Joint Type
1.4.2 Asia Pacific Joint Reconstruction Devices Market, by Technique
1.4.3 Asia Pacific Joint Reconstruction Devices Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Opportunities
3.2.3 Market Restraints
3.2.4 Market Challenges
3.3 Porter’s Five Forces Analysis
Chapter 4. Asia Pacific Joint Reconstruction Devices Market, by Joint Type
4.1 Asia Pacific Knee Market, by Country
4.2 Asia Pacific Hip Market, by Country
4.3 Asia Pacific Shoulder Market, by Country
4.4 Asia Pacific Ankle Market, by Country
4.5 Asia Pacific Others Market, by Country
Chapter 5. Asia Pacific Joint Reconstruction Devices Market, by Technique
5.1 Asia Pacific Joint Replacement Market, by Country
5.2 Asia Pacific Osteotomy Market, by Country
5.3 Asia Pacific Arthroscopy Market, by Country
5.4 Asia Pacific Resurfacing Market, by Country
5.5 Asia Pacific Arthrodesis Market, by Country
5.6 Asia Pacific Others Market, by Country
Chapter 6. Asia Pacific Joint Reconstruction Devices Market, by Country
6.1 China Joint Reconstruction Devices Market
6.1.1 China Joint Reconstruction Devices Market, by Joint Type
6.1.2 China Joint Reconstruction Devices Market, by Technique
6.2 Japan Joint Reconstruction Devices Market
6.2.1 Japan Joint Reconstruction Devices Market, by Joint Type
6.2.2 Japan Joint Reconstruction Devices Market, by Technique
6.3 India Joint Reconstruction Devices Market
6.3.1 India Joint Reconstruction Devices Market, by Joint Type
6.3.2 India Joint Reconstruction Devices Market, by Technique
6.4 South Korea Joint Reconstruction Devices Market
6.4.1 South Korea Joint Reconstruction Devices Market, by Joint Type
6.4.2 South Korea Joint Reconstruction Devices Market, by Technique
6.5 Singapore Joint Reconstruction Devices Market
6.5.1 Singapore Joint Reconstruction Devices Market, by Joint Type
6.5.2 Singapore Joint Reconstruction Devices Market, by Technique
6.6 Malaysia Joint Reconstruction Devices Market
6.6.1 Malaysia Joint Reconstruction Devices Market, by Joint Type
6.6.2 Malaysia Joint Reconstruction Devices Market, by Technique
6.7 Rest of Asia Pacific Joint Reconstruction Devices Market
6.7.1 Rest of Asia Pacific Joint Reconstruction Devices Market, by Joint Type
6.7.2 Rest of Asia Pacific Joint Reconstruction Devices Market, by Technique
Chapter 7. Company Profiles
7.1 Stryker Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Acquisition and Mergers:
7.1.6 SWOT Analysis
7.2 B. Braun Melsungen AG
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expenses
7.2.5 SWOT Analysis
7.3 Zimmer Biomet Holdings, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Regional Analysis
7.3.4 Research & Development Expense
7.3.5 Recent strategies and developments:
7.3.5.1 Trials and Approvals:
7.3.5.2 Acquisition and Mergers:
7.3.6 SWOT Analysis
7.4 DePuy Synthes (Johnson & Johnson)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental & Regional Analysis
7.4.4 Research & Development Expenses
7.4.5 Recent strategies and developments:
7.4.5.1 Product Launches and Product Expansions:
7.4.5.2 Acquisition and Mergers:
7.4.6 SWOT Analysis
7.5 Smith & Nephew PLC
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Regional and Segmental Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Acquisition and Mergers:
7.5.6 SWOT Analysis
7.6 DJO Global (Enovis Corporation)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Product Launches and Product Expansions:
7.6.6 SWOT Analysis
7.7 Globus Medical, Inc.
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Regional Analysis
7.7.4 Research & Development Expense
7.7.5 SWOT Analysis
7.8 Exactech, Inc.
7.8.1 Company Overview
7.8.2 SWOT Analysis
7.9 United Orthopedic Corporation (Chi-Yi Investment Co. Ltd.)
7.9.1 Company Overview
7.9.2 SWOT Analysis
TABLE 1 Asia Pacific Joint Reconstruction Devices Market, 2019 - 2022, USD Million
TABLE 2 Asia Pacific Joint Reconstruction Devices Market, 2023 - 2030, USD Million
TABLE 3 Asia Pacific Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
TABLE 4 Asia Pacific Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
TABLE 5 Asia Pacific Knee Market, by Country, 2019 - 2022, USD Million
TABLE 6 Asia Pacific Knee Market, by Country, 2023 - 2030, USD Million
TABLE 7 Asia Pacific Hip Market, by Country, 2019 - 2022, USD Million
TABLE 8 Asia Pacific Hip Market, by Country, 2023 - 2030, USD Million
TABLE 9 Asia Pacific Shoulder Market, by Country, 2019 - 2022, USD Million
TABLE 10 Asia Pacific Shoulder Market, by Country, 2023 - 2030, USD Million
TABLE 11 Asia Pacific Ankle Market, by Country, 2019 - 2022, USD Million
TABLE 12 Asia Pacific Ankle Market, by Country, 2023 - 2030, USD Million
TABLE 13 Asia Pacific Others Market, by Country, 2019 - 2022, USD Million
TABLE 14 Asia Pacific Others Market, by Country, 2023 - 2030, USD Million
TABLE 15 Asia Pacific Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
TABLE 16 Asia Pacific Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
TABLE 17 Asia Pacific Joint Replacement Market, by Country, 2019 - 2022, USD Million
TABLE 18 Asia Pacific Joint Replacement Market, by Country, 2023 - 2030, USD Million
TABLE 19 Asia Pacific Osteotomy Market, by Country, 2019 - 2022, USD Million
TABLE 20 Asia Pacific Osteotomy Market, by Country, 2023 - 2030, USD Million
TABLE 21 Asia Pacific Arthroscopy Market, by Country, 2019 - 2022, USD Million
TABLE 22 Asia Pacific Arthroscopy Market, by Country, 2023 - 2030, USD Million
TABLE 23 Asia Pacific Resurfacing Market, by Country, 2019 - 2022, USD Million
TABLE 24 Asia Pacific Resurfacing Market, by Country, 2023 - 2030, USD Million
TABLE 25 Asia Pacific Arthrodesis Market, by Country, 2019 - 2022, USD Million
TABLE 26 Asia Pacific Arthrodesis Market, by Country, 2023 - 2030, USD Million
TABLE 27 Asia Pacific Others Market, by Country, 2019 - 2022, USD Million
TABLE 28 Asia Pacific Others Market, by Country, 2023 - 2030, USD Million
TABLE 29 Asia Pacific Joint Reconstruction Devices Market, by Country, 2019 - 2022, USD Million
TABLE 30 Asia Pacific Joint Reconstruction Devices Market, by Country, 2023 - 2030, USD Million
TABLE 31 China Joint Reconstruction Devices Market, 2019 - 2022, USD Million
TABLE 32 China Joint Reconstruction Devices Market, 2023 - 2030, USD Million
TABLE 33 China Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
TABLE 34 China Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
TABLE 35 China Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
TABLE 36 China Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
TABLE 37 Japan Joint Reconstruction Devices Market, 2019 - 2022, USD Million
TABLE 38 Japan Joint Reconstruction Devices Market, 2023 - 2030, USD Million
TABLE 39 Japan Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
TABLE 40 Japan Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
TABLE 41 Japan Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
TABLE 42 Japan Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
TABLE 43 India Joint Reconstruction Devices Market, 2019 - 2022, USD Million
TABLE 44 India Joint Reconstruction Devices Market, 2023 - 2030, USD Million
TABLE 45 India Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
TABLE 46 India Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
TABLE 47 India Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
TABLE 48 India Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
TABLE 49 South Korea Joint Reconstruction Devices Market, 2019 - 2022, USD Million
TABLE 50 South Korea Joint Reconstruction Devices Market, 2023 - 2030, USD Million
TABLE 51 South Korea Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
TABLE 52 South Korea Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
TABLE 53 South Korea Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
TABLE 54 South Korea Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
TABLE 55 Singapore Joint Reconstruction Devices Market, 2019 - 2022, USD Million
TABLE 56 Singapore Joint Reconstruction Devices Market, 2023 - 2030, USD Million
TABLE 57 Singapore Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
TABLE 58 Singapore Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
TABLE 59 Singapore Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
TABLE 60 Singapore Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
TABLE 61 Malaysia Joint Reconstruction Devices Market, 2019 - 2022, USD Million
TABLE 62 Malaysia Joint Reconstruction Devices Market, 2023 - 2030, USD Million
TABLE 63 Malaysia Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
TABLE 64 Malaysia Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
TABLE 65 Malaysia Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
TABLE 66 Malaysia Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
TABLE 67 Rest of Asia Pacific Joint Reconstruction Devices Market, 2019 - 2022, USD Million
TABLE 68 Rest of Asia Pacific Joint Reconstruction Devices Market, 2023 - 2030, USD Million
TABLE 69 Rest of Asia Pacific Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
TABLE 70 Rest of Asia Pacific Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
TABLE 71 Rest of Asia Pacific Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
TABLE 72 Rest of Asia Pacific Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
TABLE 73 Key Information – Stryker Corporation
TABLE 74 Key Information – B. Braun Melsungen AG
TABLE 75 Key Information – Zimmer Biomet Holdings, Inc.
TABLE 76 Key Information – DePuy Synthes
TABLE 77 Key Information – Smith & Nephew PLC
TABLE 78 Key Information – DJO Global
TABLE 79 Key Information – Globus Medical, Inc.
TABLE 80 Key Information – Exactech, Inc.
TABLE 81 Key Information – United Orthopedic Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 Asia Pacific Joint Reconstruction Devices Market, 2019 - 2030, USD Million
FIG 3 Key Factors Impacting Joint Reconstruction Devices Market
FIG 4 Porter’s Five Forces Analysis – Joint Reconstruction Devices Market
FIG 5 Asia Pacific Joint Reconstruction Devices Market share, by Joint Type, 2022
FIG 6 Asia Pacific Joint Reconstruction Devices Market share, by Joint Type, 2030
FIG 7 Asia Pacific Joint Reconstruction Devices Market, by Joint Type, 2019 - 2030, USD Million
FIG 8 Asia Pacific Joint Reconstruction Devices Market share, by Technique, 2022
FIG 9 Asia Pacific Joint Reconstruction Devices Market share, by Technique, 2030
FIG 10 Asia Pacific Joint Reconstruction Devices Market, by Technique, 2019 - 2030, USD Million
FIG 11 Asia Pacific Joint Reconstruction Devices Market share, by Country, 2022
FIG 12 Asia Pacific Joint Reconstruction Devices Market share, by Country, 2030
FIG 13 Asia Pacific Joint Reconstruction Devices Market, by Country, 2019 - 2030, USD Million
FIG 14 SWOT Analysis: Stryker Corporation
FIG 15 SWOT Analysis: B. Braun Melsungen AG
FIG 16 SWOT Analysis: Zimmer Biomet Holdings, Inc.
FIG 17 Swot Analysis: DePuy Synthes
FIG 18 SWOT Analysis: Smith & Nephew PLC
FIG 19 SWOT Analysis: DJO Global
FIG 20 SWOT Analysis: Globus Medical, Inc.
FIG 21 SWOT Analysis: Exactech, Inc.
FIG 22 SWOT Analysis: United Orthopedic Corporation