The global endoprosthesis market size would be worth US$ 26,196 Million in 2022. Between 2022 and 2032, the market is anticipated to increase at an 11% CAGR, valuing the market at US$ 74,381.47 million by that time. The market will have a quick expansion in the next years because to the growing elderly population as well as technological advancements in endoprosthesis.
The market is anticipated to grow throughout the forecast period as orthopaedic conditions and peripheral vascular diseases become more common. The market is also anticipated to advance due to rising patient awareness of the utilisation of orthopaedic prostheses. Furthermore, it is anticipated that the worldwide endoprosthesis market will develop because to the rising prevalence of hip and knee osteoarthritis in the senior population.
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By 2050, the geriatric population—those 65 and older—is anticipated to make up 16% of the entire population, according to the United Nations. Therefore, over the given time period, the growing elderly population is projected to present opportunities for market expansion. Furthermore, future market expansion is anticipated to be made easier by women’s growing susceptibility to endoprosthesis. The market is anticipated to grow as symptomatic contract osteoarthritis, which affects 9.6% of men and 18% of women, respectively, becomes more prevalent. These factors are predicted to lead to an increase in the usage of endoprosthesis to treat these issues.
Critical Questions Answered in the Report:
- What are ongoing trends that will shape market growth curve for global Endoprosthesis market?
- What are the drivers and challenges affecting the Endoprosthesis market demand?
- What are the recent technological advancement in the Endoprosthesis market?
- What are key trends and opportunities that will prevail the revenue growth of Endoprosthesis market players?
- How will evolving regulatory policies impact the market growth?
Competitive Analysis
By Prominent Market Players
Key players in endoprosthesis market include Zimmer Biomet Holdings, Inc., Smith & Nephew Plc, Acumed, LLC, Stryker Corporation, Boston Scientific, Inc., Wright Medical Technology, Inc., and BARD Peripheral Vascular and others.
With an extensive SWOT analysis, the FMI’s study presents the strengths, weaknesses, growth prospects and challenges of each player. The report also includes important data including the sales strategy, pricing strategy, and marketing strategy adopted by these players in the Endoprosthesis market
Why Future Market Insights?
- Comprehensive analysis on evolving purchase pattern across different geographies
- Detailed insights of market segments and sub-segments for historical as well as forecast period
- A competitive analysis of prominent players and emerging players in the Endoprosthesis market
- Detailed information about the product innovation, mergers and acquisitions lined up in upcoming years
- Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario
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Endoprosthesis Market: Segmentation
By Product Type:
- Wall Stent Endo prosthetics
- Prosthetics Aortic Valves
- Prosthetics Mitral Valves
- Prosthetics Pulmonary Valves
- Prosthetics Tricuspid Valves
- Biliary Endo prosthetics
- Upper Extremity Prosthetics
- Shoulder Prosthetics
- Elbow Prosthetics
- Hand Prosthetics
- Lower Extremity Prosthetics
- Foot & Ankle Prosthetics
- Knee Prosthetics
- Total Rotational Knee
- Total Hinge Knee
- Total Femur Replacement
- Dental Prosthetics
By End user:
- Hospitals
- Ambulatory Surgical Centers
- Clinics
By Region
- North America (US, Canada)
- Latin America (Mexico, Brazil)
- Western Europe (Germany, Italy, UK, Spain, France, Rest of Western Europe)
- Eastern Europe (Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa)
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