CLEVELAND, /PRNewswire/ — Demand for reconstructive knee replacements is forecast to increase 5.5 percent annually to in 2020. The rising incidence of severe osteoarthritis conditions in the aging population will underlie gains. Growth will also benefit from improvements in technology and materials, but will be moderated by limits imposed on health insurance reimbursement rates as well as by the availability of non-surgical alternatives to knee replacement, such as hyaluronic acid injections and reinforced braces. These and other trends are presented in Medical Implants in the US, 6th Edition, a new study from The Freedonia Group, a -based industry research firm.
Reconstructive Knee Replacement Market to Grow 5.5% Annually Through 2020