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Joint Replacement Market Size, Share & Trends Analysis Report by Product (Knees, Hips, Extremities), by Fixation Type, by End-use (Hospitals, Orthopedic Clinics), by Procedure, by Region, and Segment Forecasts, 2021-2028

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    Report

  • 150 Pages
  • July 2021
  • Region: Global
  • Grand View Research
  • ID: 5390553
Description Jump to:
The global joint replacement market size is expected to reach USD 25.4 billion by 2028. 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.

According to the Centers for Disease Control and Prevention, 1 in every 4 adults in the U.S. is suffering from arthritis in 2019. In addition, it is projected that by 2040, approximately 78 million of the U.S. adult citizens aged 18 years or older will suffer from arthritis diagnosed by doctors. This upsurge in the number of patients suffering from arthritis is increasing the number of joint replacement surgeries.

Moreover, the increasing demand for minimally invasive joint replacement operations is likely to propel market over the forecast period. In addition, growing awareness about day surgeries, increasing healthcare reimbursement, and rapid adoption of advanced technologies are some of the key factors expected to contribute to market growth over the coming years. The COVID 19 had negatively impacted the market in 2020. However, it started recovering during the third quarter of 2020 and is expected to pace up in the coming years.

Joint Replacement Market Report Highlights

  • The knee replacement was the largest revenue-generating segment of the market in 2020. This contribution is mainly because of the increased demand for these surgeries and continuous technological advancements
  • The cemented fixation segment dominated the market and accounted for the largest revenue share of over 49.0% in 2020. The associated advantages such as its low revision rate, better acceptance, lesser hospital stay among others are boosting segment growth
  • The total replacement segment held the largest revenue share of over 64.0% in 2020. The growth can be attributed to the increased number of this kind of surgery and continuous technological advancements by the leading industry players
  • The hospitals held the largest revenue share in 2020. The growth can be attributed to advanced treatment options and a large number of patient footfalls
  • North America dominated the market in the year 2020. The growing target population and favorable reimbursement policies along with the advanced healthcare infrastructure are anticipated to contribute to market growth

Table of Contents

Chapter 1 Methodology and Scope
1.1 Market Segmentation & Scope
1.2 Market Definition
1.3. Information Procurement
1.3.1 Purchased Database
1.3.2 Internal Database
1.3.3 Secondary Sources & Third-Party Perspectives
1.3.4 Primary Research
1.4. Information Analysis
1.4.1 Data Analysis Models
1.5 Market Formulation & Data Visualization
1.6 Data Validation & Publishing
Chapter 2 Executive Summary
2.1 Market Outlook
2.2 Segmental Outlook
Chapter 3 Joint Replacement Market Variables, Trends & Scope
3.1 Market Lineage Outlook
3.1.1 Parent Market Outlook
3.1.2 Ancillary Market Outlook
3.2 Penetration and Growth Prospect Mapping
3.3 Joint Replacement Market Dynamics
3.3.1 Market Driver Analysis
3.3.2 Market Restraint Analysis
3.4 Joint Replacement Industry Analysis - Porter’s
3.4.1 Supplier Power
3.4.2 Buyer Power
3.4.3 Substitution Threat
3.4.4 Threat of New Entrants
3.4.5 Competitive Rivalry
3.5 Joint Replacement Industry Analysis - PEST
3.5.1 Political & Legal Landscape
3.5.2 Economic Landscape
3.5.3 Social Landscape
3.5.4 Technological Landscape
3.6 Regulatory Framework
Chapter 4 Covid-19 Impact Analysis
4.1 COVID-19 Outbreak
4.2 Recent Development & Strategic Outcomes
Chapter 5 Joint Replacement Market - Competitive Analysis
5.1 Recent Developments & Impact Analysis, By Key Market Participants
5.2 Company/Competition Categorization (Key innovators, Market leaders, Emerging Players)
5.3 Public Companies
5.3.1 Company market position analysis
5.3.2 Company market share analysis for top 10 industry players (% revenue, 2020)
5.3.2.1 Joint replacement
5.3.2.2 Knee replacement
5.3.2.3 Hip replacement
5.3.2.4 Extremities
5.3.3 Competitive dashboard analysis
5.3.4 Synergy Analysis: Major Deals & Strategic Alliances
5.4 Private Companies
5.4.1 List of key emerging companies
5.4.2 Company market position analysis
Chapter 6 Joint Replacement Market: Product Estimates & Trend Analysis
6.1 Product Movement Analysis & Market Share, 2020 & 2028
6.2. Market Size & Forecasts and Trend Analysis, 2016 to 2028 for the following:
6.3 Knees
6.3.1 Knees Market, 2016 to 2028 (USD Million)
6.4 Hips
6.4.1 Hips Market, 2016 to 2028 (USD Million)
6.5 Extremities
6.5.1 Extremities Market, 2016 to 2028 (USD Million)
6.5.2 Upper Extremities
6.5.2.1 Upper Extremities Market, 2016 to 2028 (USD Million)
6.5.3 Lower Extremities
6.5.3.1 Lower Extremities Market, 2016 to 2028 (USD Million)
Chapter 7 Joint Replacement Market: Fixation Type Estimates & Trend Analysis
7.1 Fixation Type Movement Analysis & Market Share, 2020 & 2028
7.2 Market Size & Forecasts and Trend Analysis, 2016 to 2028 for the following:
7.3 Cemented
7.3.1 Cemented Market, 2016 to 2028 (USD Million)
7.4 Cementless
7.4.1 Cementless Market, 2016 to 2028 (USD Million)
7.5 Hybrid
7.5.1 Hybrid Market, 2016 to 2028 (USD Million)
7.6 Reverse Hybrid
7.6.1 Reverse Hybrid Market, 2016 to 2028 (USD Million)
Chapter 8 Joint Replacement Market: End-use Estimates and Trend Analysis
8.1 End-use Movement Analysis & Market Share, 2020 & 2028
8.2 Market Size & Forecasts and Trend Analysis, 2016 to 2028 for the following:
8.3 Hospitals
8.3.1 Hospitals Market, 2016 to 2028 (USD Million)
8.4 Orthopedic Clinics
8.4.1 Orthopedic Clinics Market, 2016 to 2028 (USD Million)
8.5 Others
8.5.1 Others Market, 2016 to 2028 (USD Million)
Chapter 9 Joint Replacement Market: Procedure Estimates and Trend Analysis
9.1 Procedure Movement Analysis & Market Share, 2020 & 2028
9.2 Market Size & Forecasts and Trend Analysis, 2016 to 2028 for the following:
9.3 Total Replacement
9.3.1 Total Replacement Market, 2016 to 2028 (USD Million)
9.4 Partial Replacement
9.4.1 Partial Replacement Market, 2016 to 2028 (USD Million)
9.5 Others
9.5.1 Others Market, 2016 to 2028 (USD Million)
Chapter 10 Joint Replacement Market: Regional Estimates & Trend Analysis
10.1 Regional Market Snapshot
10.2 Market Share Analysis by Country, 2020
10.2.1 North America
10.2.2 Europe
10.2.3 Asia Pacific
10.2.4 Latin America
10.2.5 Middle East and Africa
10.3 North America
10.3.1 North America Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.3.2 U.S.
10.3.2.1 U.S. Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.3.3 Canada
10.3.3.1 Canada Joint Replacement market estimates and forecasts, 2016 - 2028(USD Million)
10.4 Europe
10.4.1 Europe Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.4.2 U.K.
10.4.2.1 U.K. Joint Replacement market estimates and forecasts, 2016 - 2028(USD Million)
10.4.3 Germany
10.4.3.1 Germany Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.4.4 France
10.4.4.1 France Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.4.5 Italy
10.4.5.1 Italy Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.4.6 Spain
10.4.6.1 Spain Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.5 Asia Pacific
10.5.1 Asia Pacific Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.5.2 Japan
10.5.2.1 Japan Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.5.3 China
10.5.3.1 China Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.5.4 India
10.5.4.1 India Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.6 Latin America
10.6.1 Latin America Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.6.2 Mexico
10.6.2.1 Mexico Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.6.3 Brazil
10.6.3.1 Brazil Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.6.4 Argentina
10.6.4.1 Argentina Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.7 Middle East and Africa
10.7.1 Middle East and AfricaJoint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.7.2 South Africa
10.7.2.1 South Africa Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
10.7.3 Saudi Arabia
10.7.3.1 Saudi Arabia Joint Replacement market estimates and forecasts, 2016 - 2028 (USD Million)
Chapter 11 Company Profiles
11.1 Johnson & Johnson Services, Inc. (DePuy Synthes)
11.1.1 Company overview
11.1.2 Financial performance
11.1.3 Product benchmarking
11.1.4 Strategic initiatives
11.2 Stryker
11.2.1 Company overview
11.2.2 Financial performance
11.2.3 Product benchmarking
11.2.4 Strategic initiatives
11.3 Zimmer Biomet
11.3.1 Company overview
11.3.2 Financial Performance
11.3.3 Product benchmarking
11.3.4 Strategic initiatives
11.4 Smith+Nephew
11.4.1 Company overview
11.4.2 Financial Performance
11.4.3 Product benchmarking
11.4.4 Strategic initiatives
11.5 DJO, LLC
11.5.1 Company overview
11.5.2 Product benchmarking
11.5.3 Strategic initiatives
11.6 Arthrex, Inc.
11.6.1 Company overview
11.6.2 Financial Performance
11.6.3 Product benchmarking
11.6.4 Strategic initiatives
11.7 Exactech, Inc.
11.7.1 Company overview
11.7.2 Financial Performance
11.7.3 Product benchmarking
11.7.4 Strategic initiatives
11.8 Conformis
11.8.1 Company overview
11.8.2 Financial Performance
11.8.3 Product benchmarking
11.8.4 Strategic initiatives
11.9 MicroPort Orthopedics
11.9.1 Company overview
11.9.2 Financial performance
11.9.3 Product benchmarking
11.9.4 Strategic initiatives
11.10 Corin
11.10.1 Company overview
11.10.2 Financial performance
11.10.3 Product benchmarking
11.10.4 Strategic initiatives
List of Tables
Table 1 List of secondary sources
Table 2 List of key emerging companies
Table 3 North America Joint Replacement Market, by Country, 2016 - 2028 (USD Million)
Table 4 North America Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 5 North America Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 6 North America Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 7 North America Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 8 U.S. Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 9 U.S. Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 10 U.S. Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 11 U.S. Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 12 Canada Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 13 Canada Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 14 Canada Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 15 Canada Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 16 Europe Joint Replacement Market, by Country, 2016 - 2028 (USD Million)
Table 17 Europe Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 18 Europe Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 19 Europe Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 20 Europe Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 21 Germany Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 22 Germany Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 23 Germany Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 24 Germany Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 25 UK Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 26 UK. Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 27 U.K. Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 28 U.K. Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 29 France Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 30 France Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 31 France Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 32 France Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 33 Italy Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 34 Italy Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 35 Italy Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 36 Italy Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 37 Spain Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 38 Spain Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 39 Spain Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 40 Spain Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 41 Asia Pacific Joint Replacement Market, by Country, 2016 - 2028 (USD Million)
Table 42 Asia Pacific Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 43 Asia Pacific Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 44 Asia Pacific Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 45 Asia Pacific Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 46 China Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 47 China Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 48 China Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 49 China Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 50 India Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 51 India Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 52 India Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 53 India Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 54 Japan Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 55 Japan Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 56 Japan Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 57 Japan Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 58 Latin America Joint Replacement Market, by Country, 2016 - 2028 (USD Million)
Table 59 Latin America Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 60 Latin America Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 61 Latin America Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 62 Latin America Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 63 Mexico Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 64 Mexico Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 65 Mexico Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 66 Mexico Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 67 Brazil Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 68 Brazil Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 69 Brazil Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 70 Brazil Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 71 Argentina Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 72 Argentina Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 73 Argentina Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 74 Argentina Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 75 Middle East and Africa Joint Replacement Market, by Country, 2016 - 2028 (USD Million)
Table 76 Middle East and Africa Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 77 Middle East and Africa Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 78 Middle East and Africa Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 79 Middle East and Africa Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 80 South Africa Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 81 South Africa Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 82 South Africa Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 83 South Africa Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
Table 84 Saudi Arabia Joint Replacement Market, by product, 2016 - 2028 (USD Million)
Table 85 Saudi Arabia Joint Replacement Market, by fixation type, 2016 - 2028 (USD Million)
Table 86 Saudi Arabia Joint Replacement Market, by end use, 2016 - 2028 (USD Million)
Table 87 Saudi Arabia Joint Replacement Market, by procedure, 2016 - 2028 (USD Million)
List of Figures
Fig. 1 Joint Replacement market segmentation
Fig. 2 Market research process
Fig. 3 Information procurement
Fig. 4 Primary research pattern
Fig. 5 Market research approaches
Fig. 6 Value chain based sizing & forecasting
Fig. 7 QFD modelling for market share assessment
Fig. 8 Joint Replacement Snapshot (2020)
Fig. 9 Joint Replacement: Segment snapshot (2020)
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13Joint Replacement market driver impact
Fig. 14Joint Replacement market restraint impact
Fig. 15 Porter’s Five Forces Analysis
Fig. 16 SWOT Analysis, by factor (Political & legal Economic and technological)
Fig. 17 Strategic Alliance Analysis
Fig. 18 Recent developments & impact analysis, by key market participants
Fig. 19 Key company market share analysis, 2020
Fig. 20 Company market position analysis
Fig. 21 Competitive dashboard analysis
Fig. 22 Company market position analysis
Fig. 23 Segment dashboard
Fig. 24 Global Joint Replacement market, by product, 2016-2028 USD Million)
Fig. 25 Global knees market, 2016 to 2028 (USD Million)
Fig. 26 Global hips market, 2016 - 2028 (USD Million)
Fig. 27 Global extremities market, 2016 to 2028 (USD Million)
Fig. 28 Global upper extremities market, 2016 - 2028 (USD Million)
Fig. 29 Global lower extremities market, 2016 - 2028 (USD Million)
Fig. 30 Global joint replacement market, by fixation type, 2016-2028 (USD Million)
Fig. 31 Global cemented market, 2016 - 2028 (USD Million)
Fig. 32 Global cementless market, 2016 - 2028 (USD Million)
Fig. 33 Global hybrid market, 2016 - 2028 (USD Million)
Fig. 34 Global reverse hybrid market, 2016 - 2028 (USD Million)
Fig. 35 Global joint replacement market, by end use, 2016-2028 (USD Million)
Fig. 36 Global hospitals market, 2016 - 2028 (USD Million)
Fig. 37 Global orthopedic clinics market, 2016 - 2028 (USD Million)
Fig. 38 Global others market, 2016 - 2028 (USD Million)
Fig. 39 Global joint replacement market, by procedure, 2016-2028 (USD Million)
Fig. 40 Global total replacement market, 2016 - 2028 (USD Million)
Fig. 41 Global partial replacement market, 2016 - 2028 (USD Million)
Fig. 42 Global others market, 2016 - 2028 (USD Million)
Fig. 43Joint Replacement Market: Regional marketplace 2020
Fig. 44 North America market share analysis by country, 2020
Fig. 45 Europe market share analysis by country, 2020
Fig. 46 Asia Pacific market share analysis by country, 2020
Fig. 47 Latin America market share analysis by country, 2020
Fig. 48 Middle East & Africa market share analysis by country, 2020
Fig. 49 North America market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 50 U.S. market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 51 Canada market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 52 Europe market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 53 U.K. market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 54 Germany market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 55 France market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 56 Italy market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 57 Spain market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 58 Asia Pacific market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 59 China market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 60 India market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 61 Japan market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 62 Latin America market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 63 Brazil market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 64 Mexico market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 65 Argentina market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 66 Middle East & Africa market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 66 South Africa market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)
Fig. 67 Saudi Arabia market size, & forecasts and trend analysis, 2016 to 2028 (USD Million)

Companies Mentioned

  • Johnson & Johnson Services, Inc. (DePuy Synthes)
  • Stryker
  • Zimmer Biomet
  • Smith+Nephew
  • DJO, LLC
  • Arthrex, Inc.
  • Exactech, Inc.
  • Conformis
  • MicroPort Orthopedics
  • Corin

Methodology

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Table Information

Report AttributeDetails
No. of Pages150
PublishedJuly 2021
Forecast Period2021 - 2028
Estimated Market Value ( USD ) in 2021 $ 20.1 billion
Forecasted Market Value ( USD ) by 2028 $ 25.4 billion
Compound Annual Growth Rate3.4%
Regions CoveredGlobal
No. of Companies Mentioned10

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