Market Overview:
The global joint implant device 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 arthritis and other orthopedic diseases, rising geriatric population, and technological advancements in joint implant devices. The global joint implant device market is segmented on the basis of type, application, and region. On the basis of type, the market is segmented into ceramics type, alloy type, and others. The ceramics type segment is expected to grow at a higher CAGR during the forecast period owing to its superior properties such as biocompatibility and osteoconductivity as compared to other types of implants. On the basis of application, the market is divided into knee joint implants, hip joint implants shoulder joint implants,,and others In terms of geography; North America dominates this market followed by Europe due To high prevalence rate Of arthritis And Other Orthopedic Diseases In These Regions .
Product Definition:
A joint implant device is a medical device that is implanted in a human body to replace or support a joint. Joint implant devices are used to treat conditions such as arthritis, osteoarthritis, and rheumatoid arthritis.
Ceramics Type:
Ceramics type is used in the production of implant devices. It includes alumina, zirconia, and titania. These are major raw materials for ceramic coating production and have high demand from end-use industries such as medical & dental industry owing to their excellent properties such as abrasion resistance, biocompatibility and hardness among others.
Alloy Type:
Alloy type is a material that has more than one metal in it. It can be both ferrous and non-ferrous as well as plastic. The most common alloys are steel, iron, aluminum, titanium and nickel.
Application Insights:
The knee joint application segment led the market in 2017 and is projected to expand at a significant CAGR over the forecast period. The rising geriatric population, increasing incidence of obesity and diabetes, and rise in sports activities are some of the major factors driving this growth. As per WHO, around 1.3 billion people aged 60 years or above reside in 2015; this number is expected to reach about 2.1 billion by 2050 thus fueling demand for implantsable devices during that period.
Knee implant devices include total knee replacement as well as revision knee replacement surgery procedures depending upon patient¢â‚¬â„¢s condition after undergoing an initial surgery for replacing a damaged or worn-out kneecap with an artificial one called prosthesis (artificial device).
Regional Analysis:
North America dominated the global market in 2017. The rising number of surgical procedures and growing geriatric population are some of the key factors contributing to market growth in this region. According to a study published by National Center for Health Statistics, from 2011 to 2015, around 18% of Americans aged 65 years and above had undergone joint replacement surgery as compared to 14% among those aged 55-64 years.
Asia Pacific is expected to be the fastest-growing regional market during the forecast period owing high unmet needs regarding joint implantation surgeries coupled with rapidly improving healthcare infrastructure especially in developing countries such as India and China.
The ceramics type segment was valued at USD X billion owing its growing applications across various joints such as hip, knee, ankle etc.
Growth Factors:
- Increasing incidence of joint diseases such as arthritis and osteoporosis
- Growing geriatric population
- Rising awareness about the benefits of joint implant devices
- Technological advancements in joint implant devices
- increasing healthcare expenditure
Scope Of The Report
Report Attributes
Report Details
Report Title
Joint Implant Device Market Research Report
By Type
Ceramics Type, Alloy Type, Others
By Application
Knee Joint, Hip Joint, Shoulder Joint, Others
By Companies
Zimmer Holdings, Johnson & Johnson, Stryker, Biomet, Smith & Nephew, Arthrex, Link, AESCULAP, Wright Medical Technology, Exactech, Zimmer Holdings, 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
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Joint Implant Device Market Report Segments:
The global Joint Implant Device market is segmented on the basis of:
Types
Ceramics Type, Alloy Type, 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
Knee Joint, Hip Joint, Shoulder Joint, 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:
- Zimmer Holdings
- Johnson & Johnson
- Stryker
- Biomet
- Smith & Nephew
- Arthrex
- Link
- AESCULAP
- Wright Medical Technology
- Exactech
- Zimmer Holdings
- Limacorporate
- JRI
- Kanghui(Medtronic)
- Chunli
- Wego
- AK Medical
Highlights of The Joint Implant Device 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 Type
- Alloy Type
- Others
- By Application:
- Knee Joint
- Hip Joint
- Shoulder Joint
- 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 Joint Implant Device 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?
A joint implant device is a medical device that helps to improve the function of a joint. Joint implants can help to reduce pain and inflammation, and may also improve the range of motion in a joint.
Some of the key players operating in the joint implant device market are Zimmer Holdings, Johnson & Johnson, Stryker, Biomet, Smith & Nephew, Arthrex, Link, AESCULAP, Wright Medical Technology, Exactech, Zimmer Holdings, Limacorporate, JRI, Kanghui(Medtronic), Chunli, Wego, AK Medical.
The joint implant device 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 Joint Implant Device 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 Joint Implant Device Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Joint Implant Device 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 Joint Implant Device 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 Joint Implant Device Market Size & Forecast, 2018-2028
4.5.1 Joint Implant Device Market Size and Y-o-Y Growth
4.5.2 Joint Implant Device Market Absolute $ Opportunity
Chapter 5 Global Joint Implant Device 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 Joint Implant Device Market Size Forecast by Type
5.2.1 Ceramics Type
5.2.2 Alloy Type
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Joint Implant Device 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 Joint Implant Device Market Size Forecast by Applications
6.2.1 Knee Joint
6.2.2 Hip Joint
6.2.3 Shoulder Joint
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Joint Implant Device 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 Joint Implant Device 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 Joint Implant Device Analysis and Forecast
9.1 Introduction
9.2 North America Joint Implant Device 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 Joint Implant Device Market Size Forecast by Type
9.6.1 Ceramics Type
9.6.2 Alloy Type
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 Joint Implant Device Market Size Forecast by Applications
9.10.1 Knee Joint
9.10.2 Hip Joint
9.10.3 Shoulder Joint
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 Joint Implant Device Analysis and Forecast
10.1 Introduction
10.2 Europe Joint Implant Device 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 Joint Implant Device Market Size Forecast by Type
10.6.1 Ceramics Type
10.6.2 Alloy Type
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 Joint Implant Device Market Size Forecast by Applications
10.10.1 Knee Joint
10.10.2 Hip Joint
10.10.3 Shoulder Joint
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 Joint Implant Device Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Joint Implant Device 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 Joint Implant Device Market Size Forecast by Type
11.6.1 Ceramics Type
11.6.2 Alloy Type
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 Joint Implant Device Market Size Forecast by Applications
11.10.1 Knee Joint
11.10.2 Hip Joint
11.10.3 Shoulder Joint
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 Joint Implant Device Analysis and Forecast
12.1 Introduction
12.2 Latin America Joint Implant Device 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 Joint Implant Device Market Size Forecast by Type
12.6.1 Ceramics Type
12.6.2 Alloy Type
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 Joint Implant Device Market Size Forecast by Applications
12.10.1 Knee Joint
12.10.2 Hip Joint
12.10.3 Shoulder Joint
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) Joint Implant Device Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Joint Implant Device 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) Joint Implant Device Market Size Forecast by Type
13.6.1 Ceramics Type
13.6.2 Alloy Type
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) Joint Implant Device Market Size Forecast by Applications
13.10.1 Knee Joint
13.10.2 Hip Joint
13.10.3 Shoulder Joint
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 Joint Implant Device Market: Competitive Dashboard
14.2 Global Joint Implant Device Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Zimmer Holdings
14.3.2 Johnson & Johnson
14.3.3 Stryker
14.3.4 Biomet
14.3.5 Smith & Nephew
14.3.6 Arthrex
14.3.7 Link
14.3.8 AESCULAP
14.3.9 Wright Medical Technology
14.3.10 Exactech
14.3.11 Zimmer Holdings
14.3.12 Limacorporate
14.3.13 JRI
14.3.14 Kanghui(Medtronic)
14.3.15 Chunli
14.3.16 Wego
14.3.17 AK Medical
