2022 Forecasts on Major Orthopedic Joint Replacement Implants Market – Knee & Hip Replacement Implants Research Report
ABNewswire is a press release distribution service. On July 23, 2019, it released an article on the Major Orthopedic Joint Replacement Implants Market, sourced from TBRC`S Major Orthopedic Joint Replacement Implants Market report.The global major orthopedic joint replacement implants market is expected reach around $20 billion in 2022 at a growth rate of around 4%.Growth in the major orthopedic joint replacement implants market in the historic period resulted from the increasing numbers of elderly people, the rising prevalence of chronic diseases such as obesity and arthritis, and increasing awareness about the importance of joint replacement surgeries. Factors that negatively affected growth in the historic period were high revision burden, high cost of replacement surgery, and stringent government regulations. Going forward, Technological Advances and Gaining Momentum of Outpatient Arthroplasty Surgeries will drive growth.