Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Joint Replacement Implants Market by Type (Ceramics Artificial Joints, Alloy Artificial Joints, Oxinium Artificial Joints, Others), By Application (Artificial Joints of Knee, Artificial Joints of Hip, Artificial Joints of Shoulder, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Joint Replacement Implants Market by Type (Ceramics Artificial Joints, Alloy Artificial Joints, Oxinium Artificial Joints, Others), By Application (Artificial Joints of Knee, Artificial Joints of Hip, Artificial Joints of Shoulder, Others) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 250244 4200 Medical Devices & Consumables 377 244 Pages 4.9 (32)
                                          

Market Overview:


The global joint replacement implants 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 prevalence of arthritis and other joint-related diseases, rising geriatric population, and technological advancements in joint replacement implants. The global joint replacement implants market is segmented on the basis of type into ceramics artificial joints, alloy artificial joints, oxinium artificial joints, and others. The alloy artificial joints segment is expected to dominate the global market during the forecast period owing to its high durability and strength as compared to other types of implant materials. On the basis of application, the global market is divided into artificial joints of knee, hip, shoulder, and others. The hip application segment is expected to dominate the global market duringthe forecast period owingtoits high prevalence among patients suffering from arthritis or any other related disease affecting mobility in that particular region/country.


Global Joint Replacement Implants Industry Outlook


Product Definition:


A joint replacement implant is a medical device that is used to replace a damaged or diseased joint. These implants can be made from a variety of materials, including metal, plastic, and ceramic. The purpose of a joint replacement implant is to restore the function of the affected joint and improve the patient's quality of life.


Ceramics Artificial Joints:


Ceramics artificial joints are used in replacement of damaged or diseased bone and connective tissues. Ceramic artificial joint is a medical device that is used to replace the function of a natural joint by acting as an interface between two pieces of equipment, which are made from different materials like metal and plastic. The most common type of ceramic-based artificial joint includes hip and knee components.


Alloy Artificial Joints:


Alloy artificial joints are used in joint replacement implants. They are made of materials such as titanium and stainless steel, which have the ability to resist wear and tear. The material composition of these products has no effect on their biocompatibility or strength properties but it can affect their weight, aesthetics, cost, and manufacturing methods.


Application Insights:


The knee joint replacement segment dominated the market in 2017 and is expected to continue its dominance over the forecast period. The growing geriatric population, which comprises of people suffering from osteoarthritis, is one of the major factors driving this growth. According to a study published by NCBI in 2018, it was found that around 1 out of every 3 adults aged 60 years and above have suffered from arthritis. Growing awareness about knee joint replacement among these aged people will also boost segment growth during the forecast period.


The hip implantation surgery is anticipated to witness significant growth during the forecast period owing to increasing number of total hip replacements being performed worldwide as a result of improvement in surgical techniques coupled with devices such as acetabular cupration and stem implants that are used for artificial joints replacement procedures.


Regional Analysis:


North America dominated the global market in 2017. The presence of well-developed healthcare infrastructure, high awareness levels among people regarding available treatment options, and favorable government initiatives are some of the major factors responsible for its large share. In addition, increasing R&D activities by various companies to develop advanced products is also expected to drive growth during the forecast period.


Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising disposable income and growing population in countries such as China & India. Increasing demand for joint replacement surgeries due to aging population has also spurred regional market development over the past few years with Japan being one of its largest contributors globally along with Australia & New Zealand (ANZ).


Growth Factors:


  • Increasing geriatric population: The global geriatric population is expected to grow at a CAGR of around 7% from 2016 to 2020. This will lead to an increase in the demand for joint replacement implants, as the elderly are more prone to joint-related problems.
  • Rising incidence of arthritis: Arthritis is one of the leading causes of disability worldwide and accounts for a significant proportion of joint replacements surgeries. The increasing incidence of arthritis will thus drive the growth of the global joint replacement implants market.
  • Technological advancements: Joint replacement implant technology is constantly evolving, with new products being launched regularly into the market. This technological advancement will spur growth in the global joint replacement implants market over the forecast period.

Scope Of The Report

Report Attributes

Report Details

Report Title

Joint Replacement Implants Market Research Report

By Type

Ceramics Artificial Joints, Alloy Artificial Joints, Oxinium Artificial Joints, Others

By Application

Artificial Joints of Knee, Artificial Joints of Hip, Artificial Joints of Shoulder, Others

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 Joint Replacement Implants Market Report Segments:

The global Joint Replacement Implants market is segmented on the basis of:

Types

Ceramics Artificial Joints, Alloy Artificial Joints, Oxinium Artificial Joints, 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

Artificial Joints of Knee, Artificial Joints of Hip, Artificial Joints of Shoulder, 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:

  1. Zimmer Holdings
  2. Johnson & Johnson
  3. Stryker
  4. Biomet
  5. Smith & Nephew
  6. Arthrex
  7. Link
  8. AESCULAP
  9. Wright Medical Technology
  10. Exactech
  11. SAMO
  12. Limacorporate
  13. JRI
  14. Kanghui (Medtronic)
  15. Chunli
  16. Wego
  17. AK Medical

Global Joint Replacement Implants Market Overview


Highlights of The Joint Replacement Implants Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Ceramics Artificial Joints
    2. Alloy Artificial Joints
    3. Oxinium Artificial Joints
    4. Others
  1. By Application:

    1. Artificial Joints of Knee
    2. Artificial Joints of Hip
    3. Artificial Joints of Shoulder
    4. Others
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Joint Replacement Implants 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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Global Joint Replacement Implants Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Joint replacement implants are medical devices that are inserted into the body to replace a damaged or worn joint. Joint replacement implants can be used to replace the knee, hip, shoulder, and other joints.

Some of the key players operating in the joint replacement implants 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 joint replacement implants 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 Replacement Implants 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 Replacement Implants Market Dynamics       4.2.1 Market Drivers       4.2.2 Market Restraints       4.2.3 Market Opportunity    4.3 Joint Replacement Implants 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 Replacement Implants 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 Replacement Implants Market Size & Forecast, 2018-2028       4.5.1 Joint Replacement Implants Market Size and Y-o-Y Growth       4.5.2 Joint Replacement Implants Market Absolute $ Opportunity

Chapter 5 Global Joint Replacement Implants 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 Replacement Implants Market Size Forecast by Type
      5.2.1 Ceramics Artificial Joints
      5.2.2 Alloy Artificial Joints
      5.2.3 Oxinium Artificial Joints
      5.2.4 Others
   5.3 Market Attractiveness Analysis by Type

Chapter 6 Global Joint Replacement Implants 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 Replacement Implants Market Size Forecast by Applications
      6.2.1 Artificial Joints of Knee
      6.2.2 Artificial Joints of Hip
      6.2.3 Artificial Joints of Shoulder
      6.2.4 Others
   6.3 Market Attractiveness Analysis by Applications

Chapter 7 Global Joint Replacement Implants 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 Replacement Implants 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 Replacement Implants Analysis and Forecast
   9.1 Introduction
   9.2 North America Joint Replacement Implants 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 Replacement Implants Market Size Forecast by Type
      9.6.1 Ceramics Artificial Joints
      9.6.2 Alloy Artificial Joints
      9.6.3 Oxinium Artificial Joints
      9.6.4 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 Replacement Implants Market Size Forecast by Applications
      9.10.1 Artificial Joints of Knee
      9.10.2 Artificial Joints of Hip
      9.10.3 Artificial Joints of Shoulder
      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 Replacement Implants Analysis and Forecast
   10.1 Introduction
   10.2 Europe Joint Replacement Implants 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 Replacement Implants Market Size Forecast by Type
      10.6.1 Ceramics Artificial Joints
      10.6.2 Alloy Artificial Joints
      10.6.3 Oxinium Artificial Joints
      10.6.4 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 Replacement Implants Market Size Forecast by Applications
      10.10.1 Artificial Joints of Knee
      10.10.2 Artificial Joints of Hip
      10.10.3 Artificial Joints of Shoulder
      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 Replacement Implants Analysis and Forecast
   11.1 Introduction
   11.2 Asia Pacific Joint Replacement Implants 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 Replacement Implants Market Size Forecast by Type
      11.6.1 Ceramics Artificial Joints
      11.6.2 Alloy Artificial Joints
      11.6.3 Oxinium Artificial Joints
      11.6.4 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 Replacement Implants Market Size Forecast by Applications
      11.10.1 Artificial Joints of Knee
      11.10.2 Artificial Joints of Hip
      11.10.3 Artificial Joints of Shoulder
      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 Replacement Implants Analysis and Forecast
   12.1 Introduction
   12.2 Latin America Joint Replacement Implants 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 Replacement Implants Market Size Forecast by Type
      12.6.1 Ceramics Artificial Joints
      12.6.2 Alloy Artificial Joints
      12.6.3 Oxinium Artificial Joints
      12.6.4 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 Replacement Implants Market Size Forecast by Applications
      12.10.1 Artificial Joints of Knee
      12.10.2 Artificial Joints of Hip
      12.10.3 Artificial Joints of Shoulder
      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 Replacement Implants Analysis and Forecast
   13.1 Introduction
   13.2 Middle East & Africa (MEA) Joint Replacement Implants 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 Replacement Implants Market Size Forecast by Type
      13.6.1 Ceramics Artificial Joints
      13.6.2 Alloy Artificial Joints
      13.6.3 Oxinium Artificial Joints
      13.6.4 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 Replacement Implants Market Size Forecast by Applications
      13.10.1 Artificial Joints of Knee
      13.10.2 Artificial Joints of Hip
      13.10.3 Artificial Joints of Shoulder
      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 Replacement Implants Market: Competitive Dashboard
   14.2 Global Joint Replacement Implants 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 SAMO
      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

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