CONTINUOUS PASSIVE MOTION DEVICES MARKET ANALYSIS

Continuous Passive Motion Devices MarketSize and Trends

Continuous Passive Motion Devices Market: Market Dynamics

Increasing number of joint reconstruction surgeries for arthroplasty is expected to drive growth of the continuous passive motion devices market. According to annual report by American Joint Replacement Registry published in 2017, 427,181 joint replacement procedures, majorly including knee and hip replacement procedures were recorded during 2012 to 2015. There is increase of 102% in number of procedures than reported in 2016 report. This number is expected to increase to 4 million annually, by 2030. Increasing incidence of trauma resulting in fractures and other injuries are also expected to propel growth for continues passive motion devices market. According to World Health Organizations report “Injuries and violence: the facts 2014”, over 5 million people die each year as a result of injuries due to road traffic crashes, suicide, physical attack, and other causes, while tens of millions of people get injured or disabled every year due to road accidents. Each year, around 37.3 million falls, which require medical attention are recorded. Other factors such as growing aging population, which is expected to reach 1.2 billion by 2030, as per UN estimate in 2017, increasing number of clinical evidences and studies to establish benefits of continuous motion devices, and new products launches by key players are expected to drive growth of the continuous passive motion devices market.

Continuous Passive Motion Devices Market: Market Dynamics

Increasing number of joint reconstruction surgeries for arthroplasty is expected to drive growth of the continuous passive motion devices market. According to annual report by American Joint Replacement Registry published in 2017, 427,181 joint replacement procedures, majorly including knee and hip replacement procedures were recorded during 2012 to 2015. There is increase of 102% in number of procedures than reported in 2016 report. This number is expected to increase to 4 million annually, by 2030. Increasing incidence of trauma resulting in fractures and other injuries are also expected to propel growth for continues passive motion devices market. According to World Health Organizations report “Injuries and violence: the facts 2014”, over 5 million people die each year as a result of injuries due to road traffic crashes, suicide, physical attack, and other causes, while tens of millions of people get injured or disabled every year due to road accidents. Each year, around 37.3 million falls, which require medical attention are recorded. Other factors such as growing aging population, which is expected to reach 1.2 billion by 2030, as per UN estimate in 2017, increasing number of clinical evidences and studies to establish benefits of continuous motion devices, and new products launches by key players are expected to drive growth of the continuous passive motion devices market.