Market Overview:
The global alloy artificial joints market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing incidence of joint diseases, rising geriatric population, and technological advancements in the field of joint replacement surgeries. The knee segment is expected to dominate the global alloy artificial joints market during the forecast period owing to its high prevalence rate for joint diseases and increasing demand for total knee replacements (TKRs). The hip segment is also anticipated to witness significant growth during the forecast period due to an increase in geriatric population and rising incidence rates of hip fractures. By application, prosthetics clinics are expected to account for a major share of the global alloy artificial joints market during the forecast period as they offer advanced treatment options for patients with joint diseases.
Product Definition:
An alloy artificial joint is a prosthetic implant that replaces a natural joint in the body. It is made of metal alloys and other materials that are designed to withstand the stress of daily use. Alloy artificial joints are used to replace joints in the hip, knee, shoulder, and elbow. They are important because they can restore mobility and improve quality of life for people with joint injuries or diseases.
Knee:
Knee is a hinge joint and it's main function is to allow forward and backward movement. There are two types of knees, one foromonth knee (patellofemoral) and the other for the tibia (fibular). Knee joints can be injured in several ways. The most common type of injury is called anterior cruciate ligament (ACL) tear which occurs when the ACL fails causing pain in front of the knee cap or femur.
Hip:
Hip is a ball-and-socket joint. The hip joint is located in the pelvic region and allows free movement of the hip, femur (thigh bone), and pelvis. A normal hip has a round shape that consists of an outer cup (the head), an inner socket (the neck), and a centerline (glenoid cavity).
Application Insights:
The others application segment held the largest share of over 60.0% in 2017. Other applications include dental, prosthetics clinics and hospitals, orthopedic rehabilitation centers and others. The prosthetics clinics & hospitals segment is projected to witness significant growth at a CAGR of XX% from 2018 to 2030 owing to an increase in the number of knee replacement surgeries across the globe especially in developed countries like U.S., Germany, Japan etc where there are many highly skilled professionals available for these procedures which further boosts product demand worldwide as they are considered as one of the best solutions for painless & smooth mobility againt major joints (knee/hip) with reduced wear & tear on body parts (athletes foot).
Regional Analysis:
North America dominated the market in 2017 owing to high healthcare expenditure, rising prevalence of osteoarthritis and increasing government initiatives. For instance, as per the American Academy of Orthopedic Surgeons (AAOS), prosthetic joint replacement procedures increased by 16% from 2011 to 2015. In addition, favorable reimbursement policies are also expected to drive growth over the forecast period.
Asia Pacific is anticipated to witness lucrative growth over the forecast period due to factors such as improving healthcare infrastructure and growing target population base with high unmet medical needs for alloy artificial joints replacement surgeries. Moreover, an increase in awareness about these products coupled with a rise in disposable income will boost demand further during the forecast period ‰t least until 2030 when it will reach a net worth of USD X billion’shortly after 2050AD).
Growth Factors:
- Increasing geriatric population: The global geriatric population is increasing at a rapid pace. This is expected to drive the demand for artificial joints, as they are more prone to joint-related problems.
- Rising incidence of arthritis: Arthritis is one of the leading causes of disability in adults and is expected to drive the demand for artificial joints in the coming years.
- Technological advancements: The technological advancements in the field of joint replacement surgeries are likely to boost the growth of this market in the coming years.
- Growing awareness about benefits of artificial joints: There has been a rise in awareness about benefits associated with use of artificial joints among patients and surgeons alike, which is likely to propel market growth during forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Alloy Artificial Joints Market Research Report
By Type
Knee, Hip, Other
By Application
Prosthetics Clinics, Hospitals, Rehabilitation Centre, Others
By Companies
Stryker, Johnson and Johnson, Zimmer Biomet, Smith and Nephew, B. Braun(Aesculap), Colfax, Medacta, Exactech, Limacorporate, Chunli, Stryker, AK Medical, MicroPort, Mathys, Wego
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
171
Number of Tables & Figures
120
Customization Available
Yes, the report can be customized as per your need.
Global Alloy Artificial Joints Market Report Segments:
The global Alloy Artificial Joints market is segmented on the basis of:
Types
Knee, Hip, 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
Prosthetics Clinics, Hospitals, Rehabilitation Centre, Others
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:
- Stryker
- Johnson and Johnson
- Zimmer Biomet
- Smith and Nephew
- B. Braun(Aesculap)
- Colfax
- Medacta
- Exactech
- Limacorporate
- Chunli
- Stryker
- AK Medical
- MicroPort
- Mathys
- Wego
Highlights of The Alloy Artificial Joints 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:
- Knee
- Hip
- Other
- By Application:
- Prosthetics Clinics
- Hospitals
- Rehabilitation Centre
- Others
- 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 Alloy Artificial Joints 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?
Alloy artificial joints are a type of medical device that are made from metal and plastic. They are used to replace the natural joint in the body, which can be damaged or diseased.
Some of the major players in the alloy artificial joints market are Stryker, Johnson and Johnson, Zimmer Biomet, Smith and Nephew, B. Braun(Aesculap), Colfax, Medacta, Exactech, Limacorporate, Chunli, Stryker, AK Medical, MicroPort, Mathys, Wego.
The alloy artificial joints market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Alloy Artificial Joints Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Alloy Artificial Joints Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Alloy Artificial Joints Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Alloy Artificial Joints Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Alloy Artificial Joints Market Size & Forecast, 2018-2028
4.5.1 Alloy Artificial Joints Market Size and Y-o-Y Growth
4.5.2 Alloy Artificial Joints Market Absolute $ Opportunity
Chapter 5 Global Alloy Artificial Joints Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Alloy Artificial Joints Market Size Forecast by Type
5.2.1 Knee
5.2.2 Hip
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Alloy Artificial Joints Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Alloy Artificial Joints Market Size Forecast by Applications
6.2.1 Prosthetics Clinics
6.2.2 Hospitals
6.2.3 Rehabilitation Centre
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Alloy Artificial Joints Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Alloy Artificial Joints Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Alloy Artificial Joints Analysis and Forecast
9.1 Introduction
9.2 North America Alloy Artificial Joints Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Alloy Artificial Joints Market Size Forecast by Type
9.6.1 Knee
9.6.2 Hip
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Alloy Artificial Joints Market Size Forecast by Applications
9.10.1 Prosthetics Clinics
9.10.2 Hospitals
9.10.3 Rehabilitation Centre
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Alloy Artificial Joints Analysis and Forecast
10.1 Introduction
10.2 Europe Alloy Artificial Joints Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Alloy Artificial Joints Market Size Forecast by Type
10.6.1 Knee
10.6.2 Hip
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Alloy Artificial Joints Market Size Forecast by Applications
10.10.1 Prosthetics Clinics
10.10.2 Hospitals
10.10.3 Rehabilitation Centre
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Alloy Artificial Joints Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Alloy Artificial Joints Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Alloy Artificial Joints Market Size Forecast by Type
11.6.1 Knee
11.6.2 Hip
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Alloy Artificial Joints Market Size Forecast by Applications
11.10.1 Prosthetics Clinics
11.10.2 Hospitals
11.10.3 Rehabilitation Centre
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Alloy Artificial Joints Analysis and Forecast
12.1 Introduction
12.2 Latin America Alloy Artificial Joints Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Alloy Artificial Joints Market Size Forecast by Type
12.6.1 Knee
12.6.2 Hip
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Alloy Artificial Joints Market Size Forecast by Applications
12.10.1 Prosthetics Clinics
12.10.2 Hospitals
12.10.3 Rehabilitation Centre
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Alloy Artificial Joints Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Alloy Artificial Joints Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Alloy Artificial Joints Market Size Forecast by Type
13.6.1 Knee
13.6.2 Hip
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Alloy Artificial Joints Market Size Forecast by Applications
13.10.1 Prosthetics Clinics
13.10.2 Hospitals
13.10.3 Rehabilitation Centre
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Alloy Artificial Joints Market: Competitive Dashboard
14.2 Global Alloy Artificial Joints Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Stryker
14.3.2 Johnson and Johnson
14.3.3 Zimmer Biomet
14.3.4 Smith and Nephew
14.3.5 B. Braun(Aesculap)
14.3.6 Colfax
14.3.7 Medacta
14.3.8 Exactech
14.3.9 Limacorporate
14.3.10 Chunli
14.3.11 Stryker
14.3.12 AK Medical
14.3.13 MicroPort
14.3.14 Mathys
14.3.15 Wego
