U.S. Joint Spacer Systems Market Size, Segmentation, Growth Factor, Demands, Analysis, Regional Forecast to 2029
The U.S. joint spacer systems market size was valued at USD 33.2 million in 2021. The market is expected to grow from USD 38.4 million in 2022 to USD 73.3 million by 2029, exhibiting a CAGR of 9.7% during the forecast period. Increasing prosthetic infections and rising orthopedic implants are estimated to propel the industry growth. Fortune Business Insights™ shares this information in its report titled “U.S. Joint Spacer Systems Market, 2022-2029.”
Request a Free Sample PDF: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/107101
COVID-19 Impact
PJI Treatment Postponement Hampered Market Growth During the Pandemic
This market was negatively affected during the COVID-19 pandemic due to PJI treatment postponement. The sudden spike in COVID-19 infections led to a shortage of beds and medical equipment. Furthermore, rescheduling and postponement of orthopedic procedures hindered the adoption of joint spacers systems. However, increasing investments in the development of medical technologies facilitated this industry’s progress during the pandemic. Moreover, increasing joint prosthetic infections increased this market’s progress during the pandemic.
Segments
Knee Segment to Lead Owing to Increasing Prosthetic Joint Infections During Knee Implantation
By procedure type, the market is segmented into knee, hip, and shoulder. The knee segment is expected to lead due to rising prosthetic joint infections during the knee implantation process.
Hospital Segment to Dominate Attributed to Rising Medical Facilities
As per end-user, the market is classified into hospital and ambulatory surgical centers. The hospital segment is expected to lead due to increasing number of medical facilities.
Regionally, the market is grouped into Northeast, Midwest, South, and West.
Report Coverage
The report provides a detailed analysis of the top segments and the latest trends in the market. It comprehensively discusses the driving and restraining factors and the impact of COVID-19 on the market. Additionally, it examines the regional developments and the strategies undertaken by the market's key players.
Regional analysis by U.S. Joint Spacer Systems Market:
- North America (United States and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and the rest of Asia Pacific)
- Latin America (Brazil, Mexico and the rest of Latin America)
The U.S. Joint Spacer Systems Market Research Report offers a comprehensive assessment of the industry. The projections included in the report were determined using proven research hypotheses and philosophies.
Research Methodology:
We follow a robust research methodology that involves triangulating data based on top-down and bottom-up approaches and validating estimated market numbers through primary research. The information used to estimate market size and forecasts for various segments on a global, regional, and country level is derived from the most credible published sources and through interviews with stakeholders.
The growth rate or CAGR shown by a market for a given forecast period is calculated based on various factors and their level of impact on the market. These factors include market drivers, restraints, industry challenges, market and technology developments, market trends, etc.
Related Reports:
Spirometer Market Size Report, Trend, COVID19 Impact, Industry Drivers, Growth, Share, Revenue and Forecast by 2029
Arthroscopy Fluid Management Disposables Market Size, Share, Statistics, Trends, Competitive analysis, Regional Growth from 2023 to 2029
Spirometer Market 2023 | Size, Share, Trends, Growth, Demand, Regional Insights and Forecast by 2029
Arthroscopy Fluid Management Disposables Market Size Report, Trend, COVID19 Impact, Industry Drivers, Growth, Share, Revenue and Forecast by 2029
Normal Saline for Parenteral Use Market Size, Share, Statistics, Trends, Competitive analysis, Regional Growth from 2023 to 2029
Dental Equipment Market Key Drivers, Size, Regional Overview and Top Players and Forecast to 2028
Comments
Post a Comment