Market Overview:
The global femoral components 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 hip fractures, rising geriatric population, and technological advancements in femoral component implants. The cobalt and nickel-based superalloys segment is expected to dominate the global femoral components market during the forecast period owing to their superior properties such as high strength, corrosion resistance, and wear resistance. However, titanium alloy is expected to grow at a higher CAGR during the forecast period due to its lightweight nature and biocompatibility. By application, medical segment dominates the global femoral components market owing to rising demand for total hip replacement surgeries across the globe.
Product Definition:
Femoral Components are the parts of a femur. The Femoral Head is the top part of the femur that articulates with the hip joint. The Femoral Neck is the slender, cylindrical portion of the femur between the head and shaft. The Femoral Shaft is the long, thick portion of bone that extends from neck to knee.
cobalt and nickel-based superalloys:
Cobalt and nickel-based superalloys are high strength alloys, which contain more than 15% of metals by weight. They have excellent properties such as corrosion resistance, fatigue resistance, high hardness along with low density and specific weight. The major applications of these alloys include aerospace engineering & industrial manufacturing industries.
Titanium Alloy:
Titanium alloys are a group of metals that have similar properties but vary in composition. The most common forms of titanium alloy include titanium metal, zirconium, and hafnium. Titanium alloys have been used for many years as an implant material in orthopedic procedures such as total hip arthroplasty and femoral head replacement (femoral component). Increasing demand for medical devices that require high strength with low weight is driving the growth of this market.
Application Insights:
The others segment held the largest revenue share in 2016 and is expected to continue its dominance over the forecast period. The medical application of components is anticipated to grow at a significant rate owing to increasing incidences of trauma cases and accidents across the globe. According to WHO, around 1.5 million people die from road injuries every year globally, which accounts for about 10% of total mortality due to injuries. In addition, as per National Safety Council (NSC), around 2 million people are hospitalized every year in U.S., owing to road accidents with about 100,000 deaths occurring on average annually there since 1980s till date.
The growing popularity of sports including tennis.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. Increasing incidence of osteoporosis and various other bone disorders are some of the factors responsible for high demand for titanium components in this region. In addition, growing number of hip replacement surgeries due to increasing life expectancy and rising prevalence of osteoarthritis is also expected to drive growth over the next eight years.
Asia Pacific is anticipated to be one of fastest-growing regions during the same period owing to developing healthcare infrastructure, rising geriatric population base, improving economic conditions & lifestyle changes amongst others which will lead towards an increase in demand for total knee replacement surgeries over next eight years as well as Femoral Component Market in Asia Pacific & Middle East Africa (APMEA).
Growth Factors:
- Increasing geriatric population: The global geriatric population is increasing at a rapid pace and this is expected to drive the demand for femoral components in the coming years.
- Rising incidence of osteoporosis: Osteoporosis is a major health concern across the world and it leads to an increased incidence of fractures, including those involving the femur. This will boost demand for femoral components in the coming years.
- Growing awareness about orthopedic treatments: There has been a growing awareness about orthopedic treatments in recent years, which is likely to lead to an increase in demand for femoral components products over the forecast period.
- Technological advancements: The development of new and innovative technologies has led to better quality and longer lasting femoral components products, which is likely to fuel market growth over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Femoral Components Market Research Report
By Type
cobalt and nickel-based superalloys, Titanium Alloy, Others
By Application
Medical, Others
By Companies
Theken Companies, PBS, Northomed sarl, Zimmer, Stryker Corporation, AVICENA, Nano Interface Technology, DePuy Synthes, Theken Companies
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
191
Number of Tables & Figures
134
Customization Available
Yes, the report can be customized as per your need.
Global Femoral Components Market Report Segments:
The global Femoral Components market is segmented on the basis of:
Types
cobalt and nickel-based superalloys, Titanium Alloy, Others
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
Medical, 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:
- Theken Companies
- PBS
- Northomed sarl
- Zimmer
- Stryker Corporation
- AVICENA
- Nano Interface Technology
- DePuy Synthes
- Theken Companies
Highlights of The Femoral Components 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:
- cobalt and nickel-based superalloys
- Titanium Alloy
- Others
- By Application:
- Medical
- 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 Femoral Components 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.
How you may use our products:
- Correctly Positioning New Products
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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?
Femoral components are the various pieces of a woman's pelvic bone that make up her hip joint. These include the ilium, ischium, pubis, and femur.
Some of the major companies in the femoral components market are Theken Companies, PBS, Northomed sarl, Zimmer, Stryker Corporation, AVICENA, Nano Interface Technology, DePuy Synthes, Theken Companies.
The femoral components 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 Femoral Components 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 Femoral Components Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Femoral Components 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 Femoral Components 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 Femoral Components Market Size & Forecast, 2018-2028 4.5.1 Femoral Components Market Size and Y-o-Y Growth 4.5.2 Femoral Components Market Absolute $ Opportunity
Chapter 5 Global Femoral Components 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 Femoral Components Market Size Forecast by Type
5.2.1 cobalt and nickel-based superalloys
5.2.2 Titanium Alloy
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Femoral Components 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 Femoral Components Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Femoral Components 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 Femoral Components 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 Femoral Components Analysis and Forecast
9.1 Introduction
9.2 North America Femoral Components 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 Femoral Components Market Size Forecast by Type
9.6.1 cobalt and nickel-based superalloys
9.6.2 Titanium Alloy
9.6.3 Others
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 Femoral Components Market Size Forecast by Applications
9.10.1 Medical
9.10.2 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 Femoral Components Analysis and Forecast
10.1 Introduction
10.2 Europe Femoral Components 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 Femoral Components Market Size Forecast by Type
10.6.1 cobalt and nickel-based superalloys
10.6.2 Titanium Alloy
10.6.3 Others
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 Femoral Components Market Size Forecast by Applications
10.10.1 Medical
10.10.2 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 Femoral Components Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Femoral Components 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 Femoral Components Market Size Forecast by Type
11.6.1 cobalt and nickel-based superalloys
11.6.2 Titanium Alloy
11.6.3 Others
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 Femoral Components Market Size Forecast by Applications
11.10.1 Medical
11.10.2 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 Femoral Components Analysis and Forecast
12.1 Introduction
12.2 Latin America Femoral Components 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 Femoral Components Market Size Forecast by Type
12.6.1 cobalt and nickel-based superalloys
12.6.2 Titanium Alloy
12.6.3 Others
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 Femoral Components Market Size Forecast by Applications
12.10.1 Medical
12.10.2 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) Femoral Components Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Femoral Components 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) Femoral Components Market Size Forecast by Type
13.6.1 cobalt and nickel-based superalloys
13.6.2 Titanium Alloy
13.6.3 Others
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) Femoral Components Market Size Forecast by Applications
13.10.1 Medical
13.10.2 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 Femoral Components Market: Competitive Dashboard
14.2 Global Femoral Components Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Theken Companies
14.3.2 PBS
14.3.3 Northomed sarl
14.3.4 Zimmer
14.3.5 Stryker Corporation
14.3.6 AVICENA
14.3.7 Nano Interface Technology
14.3.8 DePuy Synthes
14.3.9 Theken Companies