Market Overview:
The global hips and knees reconstructive market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing incidence of arthritis, rising geriatric population, and technological advancements in hip and knee reconstruction surgeries. The hip reconstruction segment is expected to grow at a CAGR of 6.0% from 2018 to 2030, while the knee reconstruction segment is expected to grow at a CAGR of 5.3%. The hospitals segment is estimated to account for the largest share of the global hips and knees reconstructive market in 2018, followed by orthopaedic clinics and ambulatory surgical centres (ASCs). North America accounted for the largest share of the global hips and knees reconstructive market in 2017, followed by Europe, Asia Pacific, Latin America, and Middle East & Africa.
Product Definition:
Hips & Knees Reconstructive surgery is a surgical procedure that is used to reconstruct the hips and knees. This surgery can be used to repair damage that has been caused by an injury or disease. The purpose of this surgery is to improve the function of the hips and knees, as well as to improve the patient's quality of life.
Hip Reconstruction:
Hip reconstruction is a surgical procedure to replace the hip joint. The hip joint is a ball-and-socket joint that allows the leg to move in multiple directions. With age, wear & tear, and injury; the hip may become damaged or diseased making it difficult for the patient to move. In some cases, surgery may be recommended due to complications arising from disease or damage such as fracture of femur (thigh bone) or pelvis (the pelvic region).
Knee Reconstruction:
Knee reconstruction is a surgical procedure to replace the damaged knee joint. The most common reasons for knee replacement are arthritis and injuries resulting from sports or accidents. Knee reconstruction surgery can be used in cases of severe damage such as that caused by articular cartilage defects, meniscus tear, or cruciate ligament rupture.
The main objective of this surgery is to restore the function & structure of the knee joint and enable smooth movement around it.
Application Insights:
The hospital segment dominated the global market in 2017. This can be attributed to factors such as availability of advanced healthcare facilities and highly skilled staff, as well as an increase in the number of government-sponsored healthcare plans. According to a study published by WHO, it was estimated that around USD 8 billion worth knee implants were performed worldwide in 2014. The same study also states that around USD 6 billion worth hip implants were performed globally during the same year. These factors are expected to drive growth over the forecast period.
Knee reconstructive procedures are most commonly performed surgeries at hospitals or orthopedic clinics by surgeons with expertise in knee replacement surgery or total knee arthroplasty (TKA). Factors such as increasing cases of osteoarthritis and rising geriatric population across various regions are anticipated to boost demand for these surgeries over the forecast period (2017 To 2030).
Regional Analysis:
North America dominated the global market in 2017 owing to a rise in sports injuries, an increase in road accidents and the presence of several key players. In addition, growing geriatric population and rising incidences of osteoarthritis are expected to drive growth over the forecast period. According to data published by CDC, around 7.3 million people were diagnosed with arthritis aged 15 or older in 2015-2016.
Asia Pacific is expected to grow at a lucrative rate over the forecast period due to factors such as increasing disposable income and healthcare expenditure along with rising awareness about reconstructive surgeries among patients from developing countries like India & China & Japan etc., especially after launch of various advertising campaigns by companies operating within this region pertaining reconstruction products usage for improving quality of life following major trauma incidents like road accidents or joint surgeries etc., which will boost regional growth further.
Growth Factors:
- Increasing incidence of arthritis and other joint disorders
- Growing awareness about the benefits of hip and knee reconstruction surgery
- Advances in surgical techniques and implants
- Rising healthcare expenditure in developing countries
- Growing demand for minimally invasive procedures
Scope Of The Report
Report Attributes
Report Details
Report Title
Hips & Knees Reconstructive Market Research Report
By Type
Hip Reconstruction, Knee Reconstruction
By Application
Hospitals, Orthopaedic Clinics, Ambulatory Surgical Centres
By Companies
Zimmer, DePuy, Smith & Nephew, Stryker, MicroPort, B. Braun Melsungen, Exactech, Limacorporate
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
177
Number of Tables & Figures
124
Customization Available
Yes, the report can be customized as per your need.
Global Hips & Knees Reconstructive Market Report Segments:
The global Hips & Knees Reconstructive market is segmented on the basis of:
Types
Hip Reconstruction, Knee Reconstruction
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
Hospitals, Orthopaedic Clinics, Ambulatory Surgical Centres
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
- DePuy
- Smith & Nephew
- Stryker
- MicroPort
- B. Braun Melsungen
- Exactech
- Limacorporate
Highlights of The Hips & Knees Reconstructive 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:
- Hip Reconstruction
- Knee Reconstruction
- By Application:
- Hospitals
- Orthopaedic Clinics
- Ambulatory Surgical Centres
- 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 Hips & Knees Reconstructive 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Hips & Knees Reconstructive is a surgical procedure that helps to restore the function of the hips and knees. This surgery can help to improve your ability to walk, climb stairs, and perform other activities that require use of your legs.
Some of the key players operating in the hips & knees reconstructive market are Zimmer, DePuy, Smith & Nephew, Stryker, MicroPort, B. Braun Melsungen, Exactech, Limacorporate.
The hips & knees reconstructive market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hips & Knees Reconstructive 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 Hips & Knees Reconstructive Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hips & Knees Reconstructive 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 Hips & Knees Reconstructive 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 Hips & Knees Reconstructive Market Size & Forecast, 2020-2028
4.5.1 Hips & Knees Reconstructive Market Size and Y-o-Y Growth
4.5.2 Hips & Knees Reconstructive Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Hip Reconstruction
5.2.2 Knee Reconstruction
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Hospitals
6.2.2 Orthopaedic Clinics
6.2.3 Ambulatory Surgical Centres
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hips & Knees Reconstructive 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 Hips & Knees Reconstructive 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Hip Reconstruction
9.6.2 Knee Reconstruction
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 Market Size Forecast by Applications
9.10.1 Hospitals
9.10.2 Orthopaedic Clinics
9.10.3 Ambulatory Surgical Centres
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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Hip Reconstruction
10.6.2 Knee Reconstruction
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 Market Size Forecast by Applications
10.10.1 Hospitals
10.10.2 Orthopaedic Clinics
10.10.3 Ambulatory Surgical Centres
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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Hip Reconstruction
11.6.2 Knee Reconstruction
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 Market Size Forecast by Applications
11.10.1 Hospitals
11.10.2 Orthopaedic Clinics
11.10.3 Ambulatory Surgical Centres
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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Hip Reconstruction
12.6.2 Knee Reconstruction
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 Market Size Forecast by Applications
12.10.1 Hospitals
12.10.2 Orthopaedic Clinics
12.10.3 Ambulatory Surgical Centres
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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Hip Reconstruction
13.6.2 Knee Reconstruction
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) Market Size Forecast by Applications
13.10.1 Hospitals
13.10.2 Orthopaedic Clinics
13.10.3 Ambulatory Surgical Centres
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 Hips & Knees Reconstructive Market: Competitive Dashboard
14.2 Global Hips & Knees Reconstructive Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zimmer
14.3.2 DePuy
14.3.3 Smith & Nephew
14.3.4 Stryker
14.3.5 MicroPort
14.3.6 B. Braun Melsungen
14.3.7 Exactech
14.3.8 Limacorporate
