The Global Market For Knee Replacement

DePuy Knee Lawsuit News

Nothing can stop Johnson & Johnson from capitalizing on the growing demand for knee replacement systems

Monday, July 17, 2017 - Don't expect the growing number of lawsuits or mandatory or voluntary product recalls to stop Johnson & Johnson from continuing to sell their popular brand of knee replacement system, not with the billions of dollars in profits that are on the line. Globally, the knee replacement system market is expected to expand from the current level of around 8 billion to almost 12 billion over the next decade. As more and more "baby boomers" become advanced senior citizens in their late 60 and 70's you can be sure that knee failures and injuries will keep pace. So will sales of knee replacements by orthopedic surgeons looking to capitalize on the expanding market. Knee replacement is being prescribed to the geriatric population in record numbers as senior citizens are plagued by the conditions of osteoarthritis, rheumatoid arthritis, and post-injury arthritis. Physicians often recommend total knee replacement to adequately insured patients to alleviate these conditions. The knee replacement business is a "cash cow" for orthopedic physicians and also Johnson and Johnson that manufactures and markets its knee replacements to the medical community. Healthline.com reports that the average cost of knee replacement surgery is around $50,000.

Johnson & Johnson's Depuy Knee Replacement system is one of the top selling knee replacement products today with over $2 billion of annual sales. Faced with increasing lawsuits due to the catastrophic failure of the product the company has diversified its marketing to a less educated demographic in China, Africa, and The Middle East. More and more Depuy knee replacement systems fail prematurely every day and those suffering the side effects are suing Johnson and Johnson for compensatory and punitive damages. All in all, around 7.5% of total knee replacement surgical patients report problems ranging from mechanical failure of the device to heart issues, infections, and respiratory problems within 3 months of surgery.

If you or a loved one have been forced to endure the pain and suffering of revision surgery, or have been forced into taking dangerous, addictive prescription pain killers to combat the problems associated with knee replacement surgery you can get compensation for your lost wages, medical expenses, therapy, rehabilitation as well as punitive damages for pain and suffering. Our law firm has successfully sued large companies like Johnson and Johnson and won hundreds of millions of dollars in compensatory and punitive damages for clients throughout the United States.

The size and scope of our legal victories over pharmaceutical and medical device companies afford our clients of resources not available to less successful law firms. Our personal injury/product liability law firm is successful and established to a degree that we work on a contingency basis, meaning that you don't pay a penny in legal fees unless we win and collect. Our compassionate and zealous attorneys are always available to you to discuss your unique circumstances. Do not delay in calling as there is a time limit on when you will be able to sue. Call our DePuy knee lawsuits attorneys today.

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