Joint Replacement Market Share and Growth Rate to 2028
Joint Replacement Industry Overview The global joint replacement market size is expected to reach USD 25.4 billion by 2028, according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 3.4% from 2021 to 2028. The growing incidence of orthopedic diseases and the increasing number of the target population are boosting the market growth. Joint Replacement Market Segmentation Grand View Research has segmented the global joint replacement market on the basis of product, fixation type, end-use, procedure, and region: Based on the Product Insights, the market is segmented into Knees, Hips, Extremities. The knee segment dominated the market for joint replacement and held the largest revenue share of over 46.0% in 2020. The segment is majorly driven by the growing geriatric populace giving an upsurge to old-age disorders such as osteoporosis, arthritis. Additionally, increasing technological advancements such as minimally invasive surger...