Global Artificial Joint Replacement Market Size, Share Report by Manufacturers, Regions, Type and Application, Forecast to 2025.

 Pulichser: Innovation Market Research

November 2019

 Pages: 114

 IMR 9676

In this report, The global Artificial Joint Replacement market is valued at 2673 K Units in 2019 and will reach 4623 K Units by the end of 2025, growing at a CAGR of 5.66% during 2020-2025.

A joint is where the ends of two or more bones meet. There are different types of joints within the body. For example, the knee is considered a ""hinge"" joint, because of its ability to bend and straighten like a hinged door. The hip and shoulder are ""ball-and-socket"" joints, in which the rounded end of one bone fits into a cup-shaped area of another bone.

Hip and knee replacements are the most commonly performed joint replacements, but replacement surgery can be performed on other joints, as well, including the ankle, wrist, shoulder, and elbow. Most important types of Artificial Joint Replacement products covered in this report are: Knee Joint, Ankle Joint&nbsp, Shoulder Joint&nbsp and others.

Most widely used downstream fields of Artificial Joint Replacement market covered in this report are: Hospitals, Orthopedic Centers, Ambulatory Surgery Center and Others. Increasing use of Artificial Joint Replacement in hospital to help with strong demand. The production regions mainly focus on USA and Europe. USA-based Zimmer, J&J, and Stryker are the leader manufacturers in global. In the past years, the three biggest suppliers of Artificial Joint Replacement take 56% of global Artificial Joint Replacement production.

Hip and knee replacements stand out as the most common types of joint replacements, with a substantial number of patients undergoing these procedures to address conditions such as osteoarthritis and femoral neck trauma. The necessity for hip or knee surgery often arises from factors that compromise joint function and cause significant discomfort. Osteoarthritis, a degenerative joint disease, and femoral neck injuries are among the leading causes that prompt individuals to seek joint replacement surgery.

Typically, patients undergoing their first hip or knee replacement surgery are in the age range of 60 to 70 years. Furthermore, a significant portion of individuals requiring arthroplasty due to femoral neck injuries falls into an even older demographic, with two-thirds of patients being above the age of 85 years. This demographic trend reflects the prevalence of joint-related issues in the elderly population, where the wear and tear on joints over time, coupled with the increased risk of accidents, contribute to the need for surgical interventions.

Femoral neck fractures, a common indication for joint replacement, particularly in the elderly, necessitate surgical intervention for optimal outcomes. The primary objectives of joint replacement surgery, in the context of femoral neck fractures, are to enhance the patient's overall quality of life. This involves restoring maximum functionality, improving mobility, alleviating pain, ensuring a prolonged service life of the joint replacement, maintaining good muscle mass capacity, and preventing potential secondary complications.

The impact of the COVID-19 pandemic on the orthopedic surgery market, particularly in the context of joint replacements, has varied across different regions. In the Asia Pacific, sales losses related to joint replacements have seen a less severe reduction compared to other foreign markets. This resilience could be attributed to effective pandemic management, robust healthcare infrastructure, or other regional factors that mitigated the downturn.

The United States market experienced sales losses during the pandemic; however, a robust rebound in the third quarter of a specific year helped offset some of the annual declines. Despite challenges, there is optimism for more stable orthopedic surgery numbers in the second half of 2021, and projections suggest a more consistent income for device makers in 2022. This anticipated stability reflects both the resilience of the market and the adaptability of healthcare systems to challenging circumstances, ultimately ensuring continued access to essential joint replacement surgeries.

Geographically, this report is segmented into several key Regions, with production, consumption, revenue (M USD), market share and growth rate of Artificial Joint Replacement in these regions, from 2014 to 2026 (forecast), covering
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
South America (Brazil, Argentina, Columbia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Global Artificial Joint Replacement market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer.

The top players including
Zimmer
J&J
Stryker
Smith & Nephew
Kyocera
Aesculap
Wright Medical
AK Medical
WEGO
Medical Excellence JAPAN
Total Ankle Institute
Integra
ZT Medical
Teijin
Link

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Knee Joint
Ankle Joint
Shoulder Joint
Hip Joint
Other

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate of Artificial Joint Replacement for each application, including
Hospitals
Orthopedic Centers
Ambulatory Surgery Center
Others

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