PUBLISHER: KBV Research | PRODUCT CODE: 1431117
PUBLISHER: KBV Research | PRODUCT CODE: 1431117
LAMEA Joint Reconstruction Devices Market Size, Share & Trends Analysis Report By Joint Type, By Technique, By Country and Growth Forecast, 2023 - 2030
The Latin America, Middle East and Africa Joint Reconstruction Devices Market would witness market growth of 9.4% CAGR during the forecast period (2023-2030).
The increase in the aging population is a significant driver of the market. As individuals age, the prevalence of degenerative joint disorders, such as osteoarthritis, rises, leading to a growing demand for joint replacement surgeries and implants. The rising incidence of musculoskeletal disorders, including arthritis, rheumatoid arthritis, and fractures, contributes to the demand for these devices. Lifestyle factors, occupational hazards, and sports-related injuries also influence the prevalence of such conditions.
Increased investments in research and development, coupled with ongoing technological advancements, drive the evolution of these devices. Collaborations between academic institutions, healthcare organizations, and industry players contribute to discovering innovative solutions. Improvements in healthcare infrastructure, particularly in emerging economies, facilitate greater access to orthopedic treatments, including joint reconstruction surgeries. The development of healthcare facilities and the training of medical professionals contribute to market growth.
According to the International Trade Administration, government devotion to the healthcare industry is one of the primary growth drivers of the UAE's healthcare sector, especially given that public spending accounts for more than two-thirds of total healthcare expenditure. The federal budget 2022 allocated $15.8 billion (AED 58.931 billion) for public expenditure, of which 8.4% is given to healthcare. Adopting advanced medical technologies, including innovative joint reconstruction devices, has been a priority in the UAE's healthcare industry. Technological advancements enhance the precision and outcomes of joint reconstruction procedures. As a result, these aspects will boost market growth in the coming years.
The Brazil market dominated the LAMEA Joint Reconstruction Devices Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $766.6 Million by 2030. The Argentina market is showcasing a CAGR of 10% during (2023 - 2030). Additionally, The UAE market would register a CAGR of 9.1% during (2023 - 2030).
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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Stryker Corporation
- B. Braun Melsungen AG
- Zimmer Biomet Holdings, Inc.
- DePuy Synthes (Johnson & Johnson)
- Smith & Nephew PLC
- DJO Global (Enovis Corporation)
- Globus Medical, Inc.
- Wright Medical Group N.V.
- Exactech, Inc.
- United Orthopedic Corporation (Chi-Yi Investment Co. Ltd.)
LAMEA Joint Reconstruction Devices Market Report Segmentation
By Joint Type
- Knee
- Hip
- Shoulder
- Ankle
- Others
By Technique
- Joint Replacement
- Osteotomy
- Arthroscopy
- Resurfacing
- Arthrodesis
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Table of Contents
Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 LAMEA Joint Reconstruction Devices Market, by Joint Type
- 1.4.2 LAMEA Joint Reconstruction Devices Market, by Technique
- 1.4.3 LAMEA Joint Reconstruction Devices Market, by Country
- 1.5 Methodology for the research
Chapter 2. Market at a Glance
- 2.1 Key Highlights
Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.1.1 Overview
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Opportunities
- 3.2.3 Market Restraints
- 3.2.4 Market Challenges
- 3.3 Porter's Five Forces Analysis
Chapter 4. LAMEA Joint Reconstruction Devices Market, by Joint Type
- 4.1 LAMEA Knee Market, by Country
- 4.2 LAMEA Hip Market, by Country
- 4.3 LAMEA Shoulder Market, by Country
- 4.4 LAMEA Ankle Market, by Country
- 4.5 LAMEA Others Market, by Country
Chapter 5. LAMEA Joint Reconstruction Devices Market, by Technique
- 5.1 LAMEA Joint Replacement Market, by Country
- 5.2 LAMEA Osteotomy Market, by Country
- 5.3 LAMEA Arthroscopy Market, by Country
- 5.4 LAMEA Resurfacing Market, by Country
- 5.5 LAMEA Arthrodesis Market, by Country
- 5.6 LAMEA Others Market, by Country
Chapter 6. LAMEA Joint Reconstruction Devices Market, by Country
- 6.1 Brazil Joint Reconstruction Devices Market
- 6.1.1 Brazil Joint Reconstruction Devices Market, by Joint Type
- 6.1.2 Brazil Joint Reconstruction Devices Market, by Technique
- 6.2 Argentina Joint Reconstruction Devices Market
- 6.2.1 Argentina Joint Reconstruction Devices Market, by Joint Type
- 6.2.2 Argentina Joint Reconstruction Devices Market, by Technique
- 6.3 UAE Joint Reconstruction Devices Market
- 6.3.1 UAE Joint Reconstruction Devices Market, by Joint Type
- 6.3.2 UAE Joint Reconstruction Devices Market, by Technique
- 6.4 Saudi Arabia Joint Reconstruction Devices Market
- 6.4.1 Saudi Arabia Joint Reconstruction Devices Market, by Joint Type
- 6.4.2 Saudi Arabia Joint Reconstruction Devices Market, by Technique
- 6.5 South Africa Joint Reconstruction Devices Market
- 6.5.1 South Africa Joint Reconstruction Devices Market, by Joint Type
- 6.5.2 South Africa Joint Reconstruction Devices Market, by Technique
- 6.6 Nigeria Joint Reconstruction Devices Market
- 6.6.1 Nigeria Joint Reconstruction Devices Market, by Joint Type
- 6.6.2 Nigeria Joint Reconstruction Devices Market, by Technique
- 6.7 Rest of LAMEA Joint Reconstruction Devices Market
- 6.7.1 Rest of LAMEA Joint Reconstruction Devices Market, by Joint Type
- 6.7.2 Rest of LAMEA Joint Reconstruction Devices Market, by Technique
Chapter 7. Company Profiles
- 7.1 Stryker Corporation
- 7.1.1 Company Overview
- 7.1.2 Financial Analysis
- 7.1.3 Segmental and Regional Analysis
- 7.1.4 Research & Development Expense
- 7.1.5 Recent strategies and developments:
- 7.1.5.1 Acquisition and Mergers:
- 7.1.6 SWOT Analysis
- 7.2 B. Braun Melsungen AG
- 7.2.1 Company Overview
- 7.2.2 Financial Analysis
- 7.2.3 Segmental and Regional Analysis
- 7.2.4 Research & Development Expenses
- 7.2.5 SWOT Analysis
- 7.3 Zimmer Biomet Holdings, Inc.
- 7.3.1 Company Overview
- 7.3.2 Financial Analysis
- 7.3.3 Regional Analysis
- 7.3.4 Research & Development Expense
- 7.3.5 Recent strategies and developments:
- 7.3.5.1 Trials and Approvals:
- 7.3.5.2 Acquisition and Mergers:
- 7.3.6 SWOT Analysis
- 7.4 DePuy Synthes (Johnson & Johnson)
- 7.4.1 Company Overview
- 7.4.2 Financial Analysis
- 7.4.3 Segmental & Regional Analysis
- 7.4.4 Research & Development Expenses
- 7.4.5 Recent strategies and developments:
- 7.4.5.1 Product Launches and Product Expansions:
- 7.4.5.2 Acquisition and Mergers:
- 7.4.6 SWOT Analysis
- 7.5 Smith & Nephew PLC
- 7.5.1 Company Overview
- 7.5.2 Financial Analysis
- 7.5.3 Regional and Segmental Analysis
- 7.5.4 Research & Development Expense
- 7.5.5 Recent strategies and developments:
- 7.5.5.1 Acquisition and Mergers:
- 7.5.6 SWOT Analysis
- 7.6 DJO Global (Enovis Corporation)
- 7.6.1 Company Overview
- 7.6.2 Financial Analysis
- 7.6.3 Segmental and Regional Analysis
- 7.6.4 Research & Development Expenses
- 7.6.5 Recent strategies and developments:
- 7.6.5.1 Product Launches and Product Expansions:
- 7.6.6 SWOT Analysis
- 7.7 Globus Medical, Inc.
- 7.7.1 Company Overview
- 7.7.2 Financial Analysis
- 7.7.3 Regional Analysis
- 7.7.4 Research & Development Expense
- 7.7.5 SWOT Analysis
- 7.8 Exactech, Inc.
- 7.8.1 Company Overview
- 7.8.2 SWOT Analysis
- 7.9 United Orthopedic Corporation (Chi-Yi Investment Co. Ltd.)
- 7.9.1 Company Overview
- 7.9.2 SWOT Analysis
LIST OF TABLES
- TABLE 1 LAMEA Joint Reconstruction Devices Market, 2019 - 2022, USD Million
- TABLE 2 LAMEA Joint Reconstruction Devices Market, 2023 - 2030, USD Million
- TABLE 3 LAMEA Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
- TABLE 4 LAMEA Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
- TABLE 5 LAMEA Knee Market, by Country, 2019 - 2022, USD Million
- TABLE 6 LAMEA Knee Market, by Country, 2023 - 2030, USD Million
- TABLE 7 LAMEA Hip Market, by Country, 2019 - 2022, USD Million
- TABLE 8 LAMEA Hip Market, by Country, 2023 - 2030, USD Million
- TABLE 9 LAMEA Shoulder Market, by Country, 2019 - 2022, USD Million
- TABLE 10 LAMEA Shoulder Market, by Country, 2023 - 2030, USD Million
- TABLE 11 LAMEA Ankle Market, by Country, 2019 - 2022, USD Million
- TABLE 12 LAMEA Ankle Market, by Country, 2023 - 2030, USD Million
- TABLE 13 LAMEA Others Market, by Country, 2019 - 2022, USD Million
- TABLE 14 LAMEA Others Market, by Country, 2023 - 2030, USD Million
- TABLE 15 LAMEA Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
- TABLE 16 LAMEA Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
- TABLE 17 LAMEA Joint Replacement Market, by Country, 2019 - 2022, USD Million
- TABLE 18 LAMEA Joint Replacement Market, by Country, 2023 - 2030, USD Million
- TABLE 19 LAMEA Osteotomy Market, by Country, 2019 - 2022, USD Million
- TABLE 20 LAMEA Osteotomy Market, by Country, 2023 - 2030, USD Million
- TABLE 21 LAMEA Arthroscopy Market, by Country, 2019 - 2022, USD Million
- TABLE 22 LAMEA Arthroscopy Market, by Country, 2023 - 2030, USD Million
- TABLE 23 LAMEA Resurfacing Market, by Country, 2019 - 2022, USD Million
- TABLE 24 LAMEA Resurfacing Market, by Country, 2023 - 2030, USD Million
- TABLE 25 LAMEA Arthrodesis Market, by Country, 2019 - 2022, USD Million
- TABLE 26 LAMEA Arthrodesis Market, by Country, 2023 - 2030, USD Million
- TABLE 27 LAMEA Others Market, by Country, 2019 - 2022, USD Million
- TABLE 28 LAMEA Others Market, by Country, 2023 - 2030, USD Million
- TABLE 29 LAMEA Joint Reconstruction Devices Market, by Country, 2019 - 2022, USD Million
- TABLE 30 LAMEA Joint Reconstruction Devices Market, by Country, 2023 - 2030, USD Million
- TABLE 31 Brazil Joint Reconstruction Devices Market, 2019 - 2022, USD Million
- TABLE 32 Brazil Joint Reconstruction Devices Market, 2023 - 2030, USD Million
- TABLE 33 Brazil Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
- TABLE 34 Brazil Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
- TABLE 35 Brazil Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
- TABLE 36 Brazil Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
- TABLE 37 Argentina Joint Reconstruction Devices Market, 2019 - 2022, USD Million
- TABLE 38 Argentina Joint Reconstruction Devices Market, 2023 - 2030, USD Million
- TABLE 39 Argentina Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
- TABLE 40 Argentina Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
- TABLE 41 Argentina Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
- TABLE 42 Argentina Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
- TABLE 43 UAE Joint Reconstruction Devices Market, 2019 - 2022, USD Million
- TABLE 44 UAE Joint Reconstruction Devices Market, 2023 - 2030, USD Million
- TABLE 45 UAE Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
- TABLE 46 UAE Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
- TABLE 47 UAE Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
- TABLE 48 UAE Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
- TABLE 49 Saudi Arabia Joint Reconstruction Devices Market, 2019 - 2022, USD Million
- TABLE 50 Saudi Arabia Joint Reconstruction Devices Market, 2023 - 2030, USD Million
- TABLE 51 Saudi Arabia Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
- TABLE 52 Saudi Arabia Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
- TABLE 53 Saudi Arabia Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
- TABLE 54 Saudi Arabia Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
- TABLE 55 South Africa Joint Reconstruction Devices Market, 2019 - 2022, USD Million
- TABLE 56 South Africa Joint Reconstruction Devices Market, 2023 - 2030, USD Million
- TABLE 57 South Africa Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
- TABLE 58 South Africa Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
- TABLE 59 South Africa Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
- TABLE 60 South Africa Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
- TABLE 61 Nigeria Joint Reconstruction Devices Market, 2019 - 2022, USD Million
- TABLE 62 Nigeria Joint Reconstruction Devices Market, 2023 - 2030, USD Million
- TABLE 63 Nigeria Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
- TABLE 64 Nigeria Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
- TABLE 65 Nigeria Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
- TABLE 66 Nigeria Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
- TABLE 67 Rest of LAMEA Joint Reconstruction Devices Market, 2019 - 2022, USD Million
- TABLE 68 Rest of LAMEA Joint Reconstruction Devices Market, 2023 - 2030, USD Million
- TABLE 69 Rest of LAMEA Joint Reconstruction Devices Market, by Joint Type, 2019 - 2022, USD Million
- TABLE 70 Rest of LAMEA Joint Reconstruction Devices Market, by Joint Type, 2023 - 2030, USD Million
- TABLE 71 Rest of LAMEA Joint Reconstruction Devices Market, by Technique, 2019 - 2022, USD Million
- TABLE 72 Rest of LAMEA Joint Reconstruction Devices Market, by Technique, 2023 - 2030, USD Million
- TABLE 73 Key Information - Stryker Corporation
- TABLE 74 Key Information - B. Braun Melsungen AG
- TABLE 75 Key Information - Zimmer Biomet Holdings, Inc.
- TABLE 76 Key Information - DePuy Synthes
- TABLE 77 Key Information - Smith & Nephew PLC
- TABLE 78 Key Information - DJO Global
- TABLE 79 Key Information - Globus Medical, Inc.
- TABLE 80 Key Information - Exactech, Inc.
- TABLE 81 Key Information - United Orthopedic Corporation
