ARTIFICIAL JOINTS MARKET ANALYSIS

Regional Analysis

High healthcare expenditure and continuous R&D initiatives in the development of artificial joints is expected to propel growth of the market in North America

North America is expected to hold a dominant position in the global artificial joints market over the forecast period. This is mainly due to presence of developed healthcare infrastructure, high healthcare expenditure, and continuous R&D initiatives in the development of artificial joints. Asia Pacific is projected to exhibit above average growth over the forecast period, owing to the presence of large pool of population suffering from joint related diseases coupled with presence of untapped market opportunity and developing healthcare infrastructure.