The "Major Orthopedic Joint Replacement Implants Global Market Opportunities And Strategies To 2022" report has been added to ResearchAndMarkets.com's offering.
The global major orthopedic joint replacement implants market is expected to grow from $16.6 billion in 2017 to $20.1 billion in 2022 at a CAGR of 3.87%.
This can be attributed to increasing geriatric population, rising prevalence of chronic diseases such as obesity and arthritis, and increasing awareness about the importance of joint replacement surgeries.
Knee replacement implants was the largest segment in the global major orthopedics joint replacement implants market, accounting for 53.4% of the market in 2017. The global knee replacement implants market is expected to grow at a CAGR of 4.9.% during 2013-2022. This is mainly due to increasing numbers of total and partial knee replacement surgeries, increasing innovation of knee implants for the younger population, and increases in sports knee injuries.
North America's major orthopedic joint replacement implants market is the largest in the world. It currently accounts for 53.7% of the global major orthopedic joint replacement implants market. Western Europe is the second largest major orthopedic joint replacement implants market in the world, accounting for 19.6% of the global major orthopedic joint replacement implants market. India, China, Japan and Brazil respectively are forecast to be the fastest growing markets for major orthopedic joint replacement implants until 2022.
Major players in the major orthopedic joint replacement implant market include Depuy Synthes, Zimmer and Biomet, Stryker, Smith & Nephew, and Aesculap. In 2017, Zimmer and Biomet occupied 27.8% of the $16.6 billion market.
Companies Featured (by Region)
Asia-Pacific
- Anatomics
- Atlas Surgical
- Auxein Medical
- Changzhou Meditech Trading Co. Ltd.
- Changzhou Waston Medical Appliance Co. Ltd.
- Narang Medical Limited
- Seikagaku Corporation
- Sharma Orthopedic Medical Pvt. Ltd.
- SignatureOrtho
- Suzhou Sunan Zimmered Medical Instrument Co. Ltd.
- Teijin Nakashima Medical Co.
North America
- Arthrex
- Globus Medical Inc.
- Johnson & Johnson
- Medtronic
- NuVasive Inc.
- Stryker Corporation
- The Wright Medical Group Inc.
- Zimmer Biomet
Western Europe
- AAP Implantate AG
- Amplitude SAS
- Corin Group PLC
- Smith & Nephew
- Waldemar Link GmbH & Co. KG
South America
- Amplitude Ortho
- Beznoska Company Ltd.
- Cremer S.A.
Eastern Europe
- Medin a.s.
- Neoortho
- Sanatmetal Ltd
Middle East
- Babil Medical Equipment
- Shaarani Group
Africa
- BSN Medical SA
- Corin South Africa
- Draegerwerk AG
- GE Healthcare
- ResMed Inc.
- Smiths Medical
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View source version on businesswire.com: https://www.businesswire.com/news/home/20180815005549/en/
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