The global artificial joint market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing number of people suffering from osteoarthritis and other joint disorders, which are leading causes for joint replacement surgeries. The increasing geriatric population in developed countries such as North America and Europe is also driving the demand for artificial joints.
The global artificial joint market by type includes ceramics, alloy, and oxinium. Ceramics are used in knee replacements due to their low wear rate and high strength-to-weight ratio; they are also used in hip replacements due to their low wear rate and high strength-to-weight ratio. Alloy is used in shoulder replacements due to its high strength-to-weight ratio; it can be used in knee or hip replacements but has a higher risk of failure than ceramics or oxiniums because it has lower wear resistance than ceramics or oxiniums. Oxiniums are mainly used for total hip replacement because they have a higher wear resistance than alloys or ceramics; they can also be used for total knee replacement but have a lower wear resistance than alloys or ceramics so there's an increased risk of failure with these implants when compared with other types of implants that use ceramic materials such as ceramic on ceramic (CoC) implants which have been shown to last longer than any other type of implant material currently available on the market today.
- The global population is aging and the number of people with joint problems is increasing.
- Advances in medical technology have led to more effective treatments for joint problems, which has increased the demand for artificial joints.
- The cost of artificial joints has decreased over time, which has made them more affordable and accessible to a wider range of people who need them.
- There are many different types of artificial joints available on the market today, which makes it easier for patients to find one that suits their needs best and provides them with the most comfort possible during use.
- Artificial joints are now being used in younger populations as well as older ones because they can be used in younger patients who may not have had any previous joint issues or injuries.
Industry Growth Insights published a new data on “Artificial Joint Market”. The research report is titled “Artificial Joint Market research by Types (Ceramics, Alloy, Oxinium, Other), By Applications (Artificial Joints of Knee, Artificial Joints of Hip, Artificial Joints of Shoulder, Other), By Players/Companies Zimmer Holdings, Johnson & Johnson, Stryker, Biomet, Smith & Nephew, Arthrex, Link, AESCULAP, Wright Medical Technology, Exactech, SAMO, Limacorporate, JRI, Kanghui(Medtronic), Chunli, Wego, AK Medical”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Artificial Joint Market Research Report
By Type
Ceramics, Alloy, Oxinium, Other
By Application
Artificial Joints of Knee, Artificial Joints of Hip, Artificial Joints of Shoulder, Other
By Companies
Zimmer Holdings, Johnson & Johnson, Stryker, Biomet, Smith & Nephew, Arthrex, Link, AESCULAP, Wright Medical Technology, Exactech, SAMO, Limacorporate, JRI, Kanghui(Medtronic), Chunli, Wego, AK Medical
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
244
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Artificial Joint Market Report Segments:
The global Artificial Joint market is segmented on the basis of:
Types
Ceramics, Alloy, Oxinium, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Artificial Joints of Knee, Artificial Joints of Hip, Artificial Joints of Shoulder, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Zimmer Holdings
- Johnson & Johnson
- Stryker
- Biomet
- Smith & Nephew
- Arthrex
- Link
- AESCULAP
- Wright Medical Technology
- Exactech
- SAMO
- Limacorporate
- JRI
- Kanghui(Medtronic)
- Chunli
- Wego
- AK Medical
Highlights of The Artificial Joint Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Ceramics
- Alloy
- Oxinium
- Other
- By Application:
- Artificial Joints of Knee
- Artificial Joints of Hip
- Artificial Joints of Shoulder
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Artificial Joint Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Artificial joints are devices that allow people to move their limbs and body in ways that were not possible before. They can be used to replace damaged or missing joints, or help people who have difficulty moving due to conditions like arthritis.
Some of the major companies in the artificial joint market are Zimmer Holdings, Johnson & Johnson, Stryker, Biomet, Smith & Nephew, Arthrex, Link, AESCULAP, Wright Medical Technology, Exactech, SAMO, Limacorporate, JRI, Kanghui(Medtronic), Chunli, Wego, AK Medical.
The artificial joint market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Artificial Joint Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Artificial Joint Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Artificial Joint Market - Supply Chain
4.5. Global Artificial Joint Market Forecast
4.5.1. Artificial Joint Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Artificial Joint Market Size (000 Units) and Y-o-Y Growth
4.5.3. Artificial Joint Market Absolute $ Opportunity
5. Global Artificial Joint Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Artificial Joint Market Size and Volume Forecast by Type
5.3.1. Ceramics
5.3.2. Alloy
5.3.3. Oxinium
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Artificial Joint Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Artificial Joint Market Size and Volume Forecast by Application
6.3.1. Artificial Joints of Knee
6.3.2. Artificial Joints of Hip
6.3.3. Artificial Joints of Shoulder
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Artificial Joint Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Artificial Joint Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Artificial Joint Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Artificial Joint Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Artificial Joint Demand Share Forecast, 2019-2029
9. North America Artificial Joint Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Artificial Joint Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Artificial Joint Market Size and Volume Forecast by Application
9.4.1. Artificial Joints of Knee
9.4.2. Artificial Joints of Hip
9.4.3. Artificial Joints of Shoulder
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Artificial Joint Market Size and Volume Forecast by Type
9.7.1. Ceramics
9.7.2. Alloy
9.7.3. Oxinium
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Artificial Joint Demand Share Forecast, 2019-2029
10. Latin America Artificial Joint Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Artificial Joint Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Artificial Joint Market Size and Volume Forecast by Application
10.4.1. Artificial Joints of Knee
10.4.2. Artificial Joints of Hip
10.4.3. Artificial Joints of Shoulder
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Artificial Joint Market Size and Volume Forecast by Type
10.7.1. Ceramics
10.7.2. Alloy
10.7.3. Oxinium
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Artificial Joint Demand Share Forecast, 2019-2029
11. Europe Artificial Joint Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Artificial Joint Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Artificial Joint Market Size and Volume Forecast by Application
11.4.1. Artificial Joints of Knee
11.4.2. Artificial Joints of Hip
11.4.3. Artificial Joints of Shoulder
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Artificial Joint Market Size and Volume Forecast by Type
11.7.1. Ceramics
11.7.2. Alloy
11.7.3. Oxinium
11.7.4. Other
11.8. Basis Point Share (BPS) Analsis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Artificial Joint Demand Share, 2019-2029
12. Asia Pacific Artificial Joint Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Artificial Joint Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Artificial Joint Market Size and Volume Forecast by Application
12.4.1. Artificial Joints of Knee
12.4.2. Artificial Joints of Hip
12.4.3. Artificial Joints of Shoulder
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Artificial Joint Market Size and Volume Forecast by Type
12.7.1. Ceramics
12.7.2. Alloy
12.7.3. Oxinium
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Artificial Joint Demand Share, 2019-2029
13. Middle East & Africa Artificial Joint Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Artificial Joint Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Artificial Joint Market Size and Volume Forecast by Application
13.4.1. Artificial Joints of Knee
13.4.2. Artificial Joints of Hip
13.4.3. Artificial Joints of Shoulder
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Artificial Joint Market Size and Volume Forecast by Type
13.7.1. Ceramics
13.7.2. Alloy
13.7.3. Oxinium
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Artificial Joint Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Artificial Joint Market: Market Share Analysis
14.2. Artificial Joint Distributors and Customers
14.3. Artificial Joint Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zimmer Holdings
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Johnson & Johnson
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Stryker
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Biomet
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Smith & Nephew
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Arthrex
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Link
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AESCULAP
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wright Medical Technology
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Exactech
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. SAMO
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Limacorporate
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. JRI
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Kanghui(Medtronic)
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Chunli
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Wego
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. AK Medical
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
