Dr. Ira Kirschenbaum serves as the chairman of Orthopedics at Bronxcare Health System located in Bronx New York. He is a specialist in hip, shoulder, and knee replacements. Not too long ago he shared industry data regarding joint replacement implants. Dr. Ira Kirschenbaum gained his popularity by contributing to the creation of a minimally invasive knee replacement surgery. In the surgery he only replaces partial tissue instead of the whole knee.
What’s In The Data?
The data Dr. Ira Kirschenbaum released shows the changes that are happening in the orthopedics industry. Generic joint implants are becoming more popular as well as the use of 3D technology and robotics during surgery. Joints are still being affected by rheumatoid arthritis, post traumatic arthritis, and osteoarthritis. Joints can further be deteriorated by prior injuries and obesity. Unfortunately these types of issues have increased in volume over the past few years and so has the number of orthopedic surgeries.
The Market Is Growing
Back in 2017 the global joint replacement implant market was worth over $16.5 billion. The market is now heading towards over $20 billion by 2022. The 3.87% growth rate is happening as more aging people are living longer today. Another growth contributor is the continuously climbing obesity rate and the growing awareness of the joint replacement surgery as an option.
Most Popular Joint Replacement Surgery
Today the most popular procedure in orthopedic joint replacements is the knee. Last year knee replacements were over 50% of the surgeries completed in that area. The numbers are expected to climb by close to 5% by 2022. The growth in surgery numbers includes total and partial knee replacements. The new innovations in knee replacement surgery makes the option more and more appealing. Sports injuries lately have also contributed to the increase in surgery numbers. The North American orthopedic joint replacement market is the biggest across the globe.
About Dr. Ira Kirschenbaum
Dr. Kirschenbaum has been practicing for more than 27 years. He got his medical degree from Albert Einstein College of Medicine of Yeshiva University in 1984. He specializes in reconstruction orthopedics, joint replacement, and orthopedic surgery.