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Artificial Joints Market By Material (Cobalt-chromium alloys, Titanium alloys, Metal-plastic), End User (Prosthetics clinics, Hospitals, Rehabilitation centre, Others), By Application (Hip and knee, Ankle, Wrist, Shoulder, Elbow) And Segment Forecasts, 2016-2026

Artificial Joints Market By Material (Cobalt-chromium alloys, Titanium alloys, Metal-plastic), End User (Prosthetics clinics, Hospitals, Rehabilitation centre, Others), By Application (Hip and knee, Ankle, Wrist, Shoulder, Elbow) And Segment Forecasts, 2016-2026

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WMR-Western Market Research has recently published a comprehensive and exclusive research report, which is an intelligent study covering all key segments. This research report provides breakthrough inputs and insights on market related factors like size, competition, trends, analysis, forecasts etc. The study encompasses primary and secondary data sources along with quantitative and qualitative practices thus assuring data accuracy.
The Artificial Joints Market is expected to reach USD 26.39 Billion by 2026, according to a new report by Research Genics. This can be mainly associated with the growing geriatric population, increasing incidence of osteoarthritis and arthritis which are expected to further accelerate the market growth globally. Based on statistics, rising obese population, increasing unhealthy eating habits which in turn result in obesity which tend to develop knee, and hip replacement surgeries are also some of the factors that help to grow the size of the global market.Osteoarthritis is one of the leading diseases in advanced countries. Adults younger than age 60 experiencing total knee and hip replacement surgeries are providing the market growth in many developed countries. The artificial joint, also known as prosthesis, is a device that is surgically implanted to replace a natural bone to correct joint abnormalities and to improve joint function. The global artificial joints market is segmented on the material used such as oxinium, ceramic, alloy, and other materials. In recent years, artificial joints have gained popularity, and it is anticipated to grow further during the forecast period. Factors such as the decreased risk of chemical inertness, resistance to corrosion, osteolysis, non-allergic properties, and biocompatibility would drive the growth of the market.

The market in North America for artificial joints accounts for the largest market share of 29.30% in 2018. North America currently dominates the artificial joints market due to the continuous increase in obese population, technological advancement, higher cost of implantable joints, rising geriatric population, upsurge in funding by government agencies and private organizations in healthcare. Florida, California, and Texas are significant revenue contributing regions in the US.Aesculap AG, Biomet, Inc., Depuy Synthes (Johnson & Johnson), DJO Global, Inc., Exactech, Inc., Globus Medical, JRI Orthopaedics, Medtronic, Inc., NuVasive, Inc., AK Medical, SAMO, Smith & Nephew, Stryker Corp., Arthrex, Zimmer Holdings.Cobalt-chromium alloys, Titanium alloys, Metal-plastic,Prosthetics clinics, Hospitals, Rehabilitation centre, Others,Hip and knee, Ankle, Wrist, Shoulder, Elbow

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