Market Overview:
The global orthopaedic 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 incidence of musculoskeletal disorders, rising geriatric population, and technological advancements in orthopaedic implants. The metal material type segment is expected to dominate the global orthopaedic implants market during the forecast period owing to its high strength and durability. The ceramic material type segment is projected to grow at a highest CAGR during the forecast period due its biocompatibility and low wear rate properties.
Product Definition:
Orthopaedic implants are devices that are implanted into the body to replace or support bones or joints. Orthopaedic implants can be made from a variety of materials, including metals, plastics, and ceramics. They are used to treat a variety of conditions, including fractures, arthritis, and spinal deformities.
Metal Material Type:
Orthopaedic implants are medical devices used to replace damaged or diseased body parts. They are used for treating conditions such as ligament and muscle damage, spinal injuries, and congenital defects. Implants can be classified into two broad categories - metal and alloys (plastic & ceramic).
High Polymer Material Type:
High polymer material type is a category of polymers that has more than one repeat unit in its molecular structure. The most commonly used high polymers are Polyethylene (PE), Polypropylene (PP), and Polystyrene (PS). These materials have the ability to be sterilized, which makes them suitable for medical applications. They also provide mechanical strength, chemical resistance, and dimensional stability to the implantable devices made using them.
Application Insights:
Application I accounted for the largest share of revenue in 2017. This is due to the increasing number of total knee replacement procedures and rising geriatric population across the globe. As per American Academy of Orthopedic Surgeons (AAOS), a total of 2,208,874 knee replacement surgeries were performed in U.S. during 2015-2016 which was a rise from 1,788,149 such surgeries performed during 2009-2010 period.
The Application II segment is expected to witness significant growth over the forecast period owing to its rising adoption in hip implants surgery as compared to other applications due to various advantages it offers such as less invasive procedure and lesser blood loss as compared with traditional open surgery methods thus making it highly popular among many surgeons around the world especially those who do not like conventional open surgical techniques or those who have limited resources at their disposal for undertaking expensive medical procedures involving multiple incisions.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of orthopedic hospitals and well-developed healthcare infrastructure are some factors contributing to the growth of this regional market. In addition, increasing government funding for R&D activities is also expected to drive growth during the forecast period. For instance, in 2014, the U.S Department of Health & Human Services announced funds worth USD X million for research on total knee replacement using ceramic-based components developed by researchers from Georgia Institute of Technology (GIT).
Asia Pacific is anticipated to witness lucrative growth over the forecast period owing to rising disposable income and growing target population base especially in China and India due to increased employment opportunities after economic reforms were introduced in these countries post 2015; hence driving demand for advanced medical products such as total knee replacement implants which will fuel industry expansion over next eight years (2018 - 2030).
Growth Factors:
- Increasing incidence of bone and joint disorders: The global orthopaedic implants market is expected to grow at a CAGR of 5.5% during the forecast period due to the increasing incidence of bone and joint disorders, such as osteoarthritis, rheumatoid arthritis, and others.
- Rising geriatric population: The geriatric population is more susceptible to bone and joint disorders, which is expected to drive the demand for orthopaedic implants in the coming years.
- Technological advancements: The introduction of new technologies in orthopaedic implants has led to their increased adoption among patients worldwide. This is likely to boost the growth of the global orthopaedic implants market in future years.
- Growing awareness about treatment options: There has been a rise in awareness about various treatment options for bone and joint disorders among people across the globe in recent years, which is anticipated to fuel demand for orthopaedic implants over the forecast period . 5) rising healthcare expenditure: With growing disposable incomes, there has been an increase in healthcare expenditure aroundthe worldin recent years,.Thisisexpectedtoboostdemandfororthopediccimplantsintheforecastperiod
Scope Of The Report
Report Attributes
Report Details
Report Title
Orthopaedic Implants Market Research Report
By Type
Metal Material Type, High Polymer Material Type, Ceramic Material Type, Composite Material Type
By Application
Application I, Application II
By Companies
Zimmer Biomet, DePuy Synthes, Stryker, Smith & Nephew, Medtronic, NuVasive, Globus Medical, B. Braun Aesculap, Wright Medica, Acumed, MicroPort, Orthofix, Weigao group
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Orthopaedic Implants Market Report Segments:
The global Orthopaedic Implants market is segmented on the basis of:
Types
Metal Material Type, High Polymer Material Type, Ceramic Material Type, Composite Material Type
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
Application I, Application II
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 Biomet
- DePuy Synthes
- Stryker
- Smith & Nephew
- Medtronic
- NuVasive
- Globus Medical
- B. Braun Aesculap
- Wright Medica
- Acumed
- MicroPort
- Orthofix
- Weigao group
Highlights of The Orthopaedic Implants 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:
- Metal Material Type
- High Polymer Material Type
- Ceramic Material Type
- Composite Material Type
- By Application:
- Application I
- Application II
- 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 Orthopaedic 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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- 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?
Orthopaedic implants are medical devices that are used to replace missing or damaged bones, joints, and other tissues. Orthopaedic implants may be used to correct a wide variety of conditions, including: -Arthritis -Shoulder pain -Knee pain
Some of the key players operating in the orthopaedic implants market are Zimmer Biomet, DePuy Synthes, Stryker, Smith & Nephew, Medtronic, NuVasive, Globus Medical, B. Braun Aesculap, Wright Medica, Acumed, MicroPort, Orthofix, Weigao group.
The orthopaedic implants market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Orthopaedic Implants Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Orthopaedic Implants Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Orthopaedic Implants Market - Supply Chain
4.5. Global Orthopaedic Implants Market Forecast
4.5.1. Orthopaedic Implants Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Orthopaedic Implants Market Size (000 Units) and Y-o-Y Growth
4.5.3. Orthopaedic Implants Market Absolute $ Opportunity
5. Global Orthopaedic Implants Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Orthopaedic Implants Market Size and Volume Forecast by Type
5.3.1. Metal Material Type
5.3.2. High Polymer Material Type
5.3.3. Ceramic Material Type
5.3.4. Composite Material Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Orthopaedic Implants Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Orthopaedic Implants Market Size and Volume Forecast by ApplicationIII
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Orthopaedic Implants Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Orthopaedic Implants Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Orthopaedic Implants Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Orthopaedic Implants Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Orthopaedic Implants Demand Share Forecast, 2019-2029
9. North America Orthopaedic Implants Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Orthopaedic Implants Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Orthopaedic Implants Market Size and Volume Forecast by ApplicationIII
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Orthopaedic Implants Market Size and Volume Forecast by Type
9.7.1. Metal Material Type
9.7.2. High Polymer Material Type
9.7.3. Ceramic Material Type
9.7.4. Composite Material Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Orthopaedic Implants Demand Share Forecast, 2019-2029
10. Latin America Orthopaedic Implants Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Orthopaedic Implants Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Orthopaedic Implants Market Size and Volume Forecast by ApplicationIII
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Orthopaedic Implants Market Size and Volume Forecast by Type
10.7.1. Metal Material Type
10.7.2. High Polymer Material Type
10.7.3. Ceramic Material Type
10.7.4. Composite Material Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Orthopaedic Implants Demand Share Forecast, 2019-2029
11. Europe Orthopaedic Implants Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Orthopaedic Implants Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Orthopaedic Implants Market Size and Volume Forecast by ApplicationIII
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Orthopaedic Implants Market Size and Volume Forecast by Type
11.7.1. Metal Material Type
11.7.2. High Polymer Material Type
11.7.3. Ceramic Material Type
11.7.4. Composite Material Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections y Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Orthopaedic Implants Demand Share, 2019-2029
12. Asia Pacific Orthopaedic Implants Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Orthopaedic Implants Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Orthopaedic Implants Market Size and Volume Forecast by ApplicationIII
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Orthopaedic Implants Market Size and Volume Forecast by Type
12.7.1. Metal Material Type
12.7.2. High Polymer Material Type
12.7.3. Ceramic Material Type
12.7.4. Composite Material Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Orthopaedic Implants Demand Share, 2019-2029
13. Middle East & Africa Orthopaedic Implants Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Orthopaedic Implants Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Orthopaedic Implants Market Size and Volume Forecast by ApplicationIII
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Orthopaedic Implants Market Size and Volume Forecast by Type
13.7.1. Metal Material Type
13.7.2. High Polymer Material Type
13.7.3. Ceramic Material Type
13.7.4. Composite Material Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Orthopaedic Implants Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Orthopaedic Implants Market: Market Share Analysis
14.2. Orthopaedic Implants Distributors and Customers
14.3. Orthopaedic Implants Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Zimmer Biomet
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DePuy Synthes
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Stryker
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Smith & Nephew
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Medtronic
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. NuVasive
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Globus Medical
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. B. Braun Aesculap
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wright Medica
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Acumed
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. MicroPort
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Orthofix
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Weigao group
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
