Industry

Genu Recurvatum Market 2024 | Size, Top Trends, Growth, Share, Key Drivers | Medtronic PLC, Johnson & Johnson MedTech, Stryker Corporation, DePuy Synthes Inc., Zimmer Inc.

Overview and Scope

Genu recurvatum is a medical condition characterized by hyperextension of the knee joint, resulting in the knee bending backward beyond its normal range of motion. The main treatments for genu recurvatum are strengthening the quadriceps muscles, wearing a brace to prevent hyperextension, or proceeding with a proximal tibial osteotomy, which increases the slope of the tibia to decrease or eliminates the condition.

Sizing and Forecast
The genu recurvatum market size has grown strongly in recent years. It will grow from $7.12 billion in 2023 to $7.57 billion in 2024 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to orthopedic conditions prevalence, aging population, trauma and accidents, limited awareness and early diagnosis.

The genu recurvatum market size is expected to see strong growth in the next few years. It will grow to $9.71 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%. The growth in the forecast period can be attributed to rising awareness and education, advancements in treatment options, sports injury prevention and management, rehabilitation programs. Major trends in the forecast period include integration of digital health technologies, collaboration between orthopedic specialists and physical therapists, research on biomechanics and musculoskeletal health, focus on pediatric and adolescent cases, rehabilitation and strength training emphasis.

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Segmentation & Regional Insights
The genu recurvatum market covered in this report is segmented –

1) By Type: External Rotatory Deformity (ERD), Internal Rotatory Deformity (IRD), Non-Rotatory Deformity (NRD)
2) By Diagnosis: Magnetic Resonance Imaging (MRI), X-Rays, Other Diagnosis
3) By Treatment: Physical Therapy, Orthoses, Bracing, Surgery
4) By End-Users: Hospital, Clinics, Other End-Users

North America was the largest region in the genu recurvatum market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the genu recurvatum market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

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Major Driver Impacting Market Growth
The increasing prevalence of orthopedic disorders is expected to propel the growth of the genu recurvatum market going forward. Orthopedic disorders refer to conditions that affect the musculoskeletal system, including the bones, joints, muscles, tendons, ligaments, and cartilage. Genu recurvatum causes knee pain and leads to knee osteoarthritis and other orthopedic disorders. The increasing cases of orthopedic conditions will demand treatment, which will support the market’s growth. For instance, in February 2022, according to the Office of Disease Prevention and Health Promotion, a US-based government health agency, it is anticipated that in 2040 78.4 million adults will have arthritis. Over 52.5 million adult Americans, or more than 22% of the population, have arthritis. Furthermore, in 2021, according to Versus Arthritis, a UK-based charity dedicated to people with arthritis, in 2022, there were 20,295,706 people with musculoskeletal conditions in the UK and for MSK disorders and joint problems. Therefore, the increasing prevalence of orthopedic disorders is driving the growth of the genu recurvatum market.

Key Industry Players
Major companies operating in the genu recurvatum market report are Medtronic plc, Johnson & Johnson MedTech,Stryker Corporation, DePuy Synthes Inc., Zimmer Inc., Smith & Nephew plc, Arthrex, NuVasive Inc., DJO Global Inc., Globus Medical Inc., Össur hf, AliMed Inc., Thuasne Ltd., Orthofix Inc, Prim SA, OrthoPro Inc., Performance Health, Trulife Group Limited, Breg Inc., Allard USA, Capstone Orthopedic Inc., Twin Cities Orthopedics, ReWalk Robotics, BraceAbility, KevinRoot Medical.

The genu recurvatum market report table of contents includes:

1. Executive Summary

2. Genu Recurvatum Market Characteristics

3. Genu Recurvatum Market Trends And Strategies

4. Genu Recurvatum Market – Macro Economic Scenario

5. Global Genu Recurvatum Market Size and Growth

…..

32. Global Genu Recurvatum Market Competitive Benchmarking

33. Global Genu Recurvatum Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Genu Recurvatum Market

35. Genu Recurvatum Market Future Outlook and Potential Analysis

36. Appendix

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