Market Overview:
The global mini orthopedic implants replacement market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The increasing prevalence of arthritis, especially osteoarthritis and rheumatoid arthritis, is one of the major factors driving the growth of this market. Mini orthopedic implants are used for replacing damaged or diseased joints in order to improve mobility and reduce pain. These implants are smaller in size as compared to traditional orthopedic implants, which makes them suitable for use in small joints such as those in the shoulder, foot & ankle, elbow, and wrist. The global mini orthopedic implants replacement market is segmented on the basis of type into shoulder implant replacements, foot & ankle implant replacements, elbow implant replacements, and wrist implant replacements. The shoulder implant replacement segment is expected to account for the largest share of the global mini orthopedic implants replacement market in 2018 owing to rising incidence rates of rotator cuff tears and other shoulder injuries. The foot & ankle implant replacement segment is projected to grow at the highest CAGR during the forecast period due from increasing demand for minimally invasive procedures for treating various conditions such as fractures and ligament tears.
Product Definition:
A mini orthopedic implant is a small implant that is used to replace a larger, broken or damaged bone. Mini orthopedic implants are often made of titanium, which allows them to fuse with the surrounding bone tissue. They are used in a variety of surgical procedures, including joint replacement and fracture repair.
Shoulder:
Shoulder is a complex mechanism made up of muscles, tendons, ligaments and joints. The shoulder joint is located in the middle of the human body and its function is to allow forward and backward movement of the arms. In case of damage or malfunctioning in any component it may lead to shoulder pain, stiffness or immobility.
Foot & Ankle:
The foot and ankle are the most common sites of musculoskeletal injuries. These areas are more prone to degenerative diseases such as arthritis, osteoporosis, and fractures due to age or trauma.
Application Insights:
The osteoarthritis segment dominated the global mini orthopedic implants replacement market in 2017. The growing geriatric population, which is prone to joint diseases, is one of the major factors driving this segment. According to a study published by the United Nations (UN), it was found that around 1 in 10 people aged 60 years and above were suffering from osteoarthritis. By 2060, this number will increase to around 12% globally and 17% in Europe.
Rheumatoid arthritis accounted for a significant share of revenue on account of high prevalence rate across various regions including North America, Asia Pacific and Middle East & Africa. In addition, government initiatives such as R&D for identifying patients suffering from rheumatoid arthritis so that they can be treated with anti-rheumatic drugs are also contributing towards growth positively.
Regional Analysis:
In 2017, North America accounted for the largest share of over 40.0% in terms of revenue and is anticipated to witness a CAGR of XX% over the forecast period. This can be attributed to increasing R&D activities by key players as well as high awareness levels regarding advanced treatment options for replacement surgeries.
Asia Pacific is estimated to register a lucrative growth rate during the forecast period owing to rising medical tourism and improving healthcare infrastructure in emerging countries such as China, India.
Growth Factors:
- Increasing geriatric population: The global geriatric population is increasing at a rapid pace and this is expected to drive the demand for mini orthopedic implants replacement market over the forecast period.
- Rising incidence of orthopedic diseases: The incidence of various orthopedic diseases such as arthritis, osteoporosis, and others is rising globally, which is anticipated to boost the demand for mini orthopedic implants replacement products in the coming years.
- Technological advancements: The development of innovative technologies in the field of miniaturization has led to introduction of advanced miniature implant devices that are easier to use and provide better outcomes. This is likely to fuel market growth during the forecast period.
- Growing awareness about benefits offered by mini implants: There has been a rise in awareness among patients regarding benefits offered by mini implants such as shorter surgery time, less pain & swelling, and faster recovery time when compared with traditional large-sized implants. This is projected to create lucrative opportunities for players operating in this market over the next few years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Mini Orthopedic Implants Replacement Market Research Report
By Type
Shoulder, Foot & Ankle, Elbow, Wrist
By Application
Osteoarthritis, Rheumatoid Arthritis
By Companies
Covenant Orthopedics, DePuy Synthes, Emerge Medical, Exactech, Integra, Ortho Direct USA, Orthosolutions, Smith & Nephew, Stryker, Wright Tornier, Zimmer Biomet
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
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Mini Orthopedic Implants Replacement Market Report Segments:
The global Mini Orthopedic Implants Replacement market is segmented on the basis of:
Types
Shoulder, Foot & Ankle, Elbow, Wrist
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
Osteoarthritis, Rheumatoid Arthritis
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:
- Covenant Orthopedics
- DePuy Synthes
- Emerge Medical
- Exactech
- Integra
- Ortho Direct USA
- Orthosolutions
- Smith & Nephew
- Stryker
- Wright Tornier
- Zimmer Biomet
Highlights of The Mini Orthopedic Implants Replacement 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:
- Shoulder
- Foot & Ankle
- Elbow
- Wrist
- By Application:
- Osteoarthritis
- Rheumatoid Arthritis
- 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 Mini Orthopedic Implants Replacement 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?
Mini Orthopedic Implants Replacement is a surgical procedure that replaces small, worn-out or defective orthopedic implants with new, larger implants.
Some of the key players operating in the mini orthopedic implants replacement market are Covenant Orthopedics, DePuy Synthes, Emerge Medical, Exactech, Integra, Ortho Direct USA, Orthosolutions, Smith & Nephew, Stryker, Wright Tornier, Zimmer Biomet.
The mini orthopedic implants replacement 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 Mini Orthopedic Implants Replacement 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 Mini Orthopedic Implants Replacement Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Mini Orthopedic Implants Replacement 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 Mini Orthopedic Implants Replacement 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 Mini Orthopedic Implants Replacement Market Size & Forecast, 2020-2028
4.5.1 Mini Orthopedic Implants Replacement Market Size and Y-o-Y Growth
4.5.2 Mini Orthopedic Implants Replacement 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 Shoulder
5.2.2 Foot & Ankle
5.2.3 Elbow
5.2.4 Wrist
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 Osteoarthritis
6.2.2 Rheumatoid Arthritis
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Mini Orthopedic Implants Replacement 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 Mini Orthopedic Implants Replacement 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 Shoulder
9.6.2 Foot & Ankle
9.6.3 Elbow
9.6.4 Wrist
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 Osteoarthritis
9.10.2 Rheumatoid Arthritis
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 Shoulder
10.6.2 Foot & Ankle
10.6.3 Elbow
10.6.4 Wrist
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 Osteoarthritis
10.10.2 Rheumatoid Arthritis
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 Shoulder
11.6.2 Foot & Ankle
11.6.3 Elbow
11.6.4 Wrist
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 Osteoarthritis
11.10.2 Rheumatoid Arthritis
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 Shoulder
12.6.2 Foot & Ankle
12.6.3 Elbow
12.6.4 Wrist
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 Osteoarthritis
12.10.2 Rheumatoid Arthritis
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 Shoulder
13.6.2 Foot & Ankle
13.6.3 Elbow
13.6.4 Wrist
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 Osteoarthritis
13.10.2 Rheumatoid Arthritis
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 Mini Orthopedic Implants Replacement Market: Competitive Dashboard
14.2 Global Mini Orthopedic Implants Replacement Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Covenant Orthopedics
14.3.2 DePuy Synthes
14.3.3 Emerge Medical
14.3.4 Exactech
14.3.5 Integra
14.3.6 Ortho Direct USA
14.3.7 Orthosolutions
14.3.8 Smith & Nephew
14.3.9 Stryker
14.3.10 Wright Tornier
14.3.11 Zimmer Biomet
