The Europe Joint Reconstruction Devices Market would witness market growth of 4.9% CAGR during the forecast period (2023-2030).
These devices play a crucial role in the management of osteoarthritis, a degenerative joint disease characterized by the breakdown of cartilage. Hip and knee replacements are common procedures for alleviating discomfort and restoring mobility in individuals with severe osteoarthritis. Following traumatic injuries or fractures, these devices are employed to restore the anatomical integrity of the affected joint. These devices may include implants such as plates, screws, and intramedullary nails.
Athletes often experience joint injuries, such as ligament tears or dislocations. these devices, including ligamentous and meniscal implants, facilitate a prompt and effective recovery, enabling individuals to resume their athletic activities. These devices are integral in the field of orthopedic oncology, where the removal of malignant tumors from bones may necessitate the use of implants to restore skeletal integrity and function.
In February 2023, roughly 21,600 people were injured in road traffic accidents in Germany. Based on provisional figures, the Federal Statistical Office (Destatis) reports that their number increased by approximately 900, or 5%, compared with the same month of the previous year. Road traffic accidents usually result in orthopedic injuries, including fractures of the extremities and damage to joints like the hip, knee, and shoulder. Severe injuries may require surgical intervention and the use of these devices. Germany's well-developed healthcare infrastructure, including emergency and trauma care facilities, enables prompt and effective treatment for accident victims. Access to specialized orthopedic care contributes to the utilization of these devices. Due to the aforementioned factors the market growth will drive in this region.
The Germany market dominated the Europe Joint Reconstruction Devices Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,238 Million by 2030. The UK market is exhibiting a CAGR of 4% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.7% during (2023 - 2030).
Free Valuable Insights: The Global Joint Reconstruction Devices Market will Hit USD 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
By Joint Type
By Technique
By Country
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