DUBLIN--(BUSINESS WIRE)--The "Global Hip and Knee Implant (Primary, Partial and Revision) Market Report: Insights, Trends and Forecast (2019-2023)" report has been added to ResearchAndMarkets.com's offering.
While, the global hip implant market is projected to reach US$6.66 billion in 2023, at a CAGR of 2.05%, during 2019-2023.
The factors such as rising disposable income, upsurge in ageing population, growing healthcare expenditure and longer life expectancy are expected to drive the growth of the global hip and knee implant market. However, the growth of the industry will be challenged by regulatory risk, insufficient medical reimbursement & coverage, and scarcity of expertise and trained healthcare workers. A few notable trends include improving surgical robotic systems techniques, decline in global ASPs of hip and knee implants, increasing adoption of Knee and hip implants and rising application of computer-assisted total hip replacement surgery.
The global knee and hip implant market comprises of three major segments: Primary Implant, Partial or unicompartmental implant, and revision implant. The rise in prevalence of osteoarthritis and rheumatoid arthritis is contributing to the increase in the number of primary implant procedures among the geriatric population. However, the failure of primary implants gives rise to the need for revision implants. A partial or unicompartmental implant is done to fix a partial fracture in a knee or hip, caused by sports or accidental injuries.
The fastest-growing regional market for knee and hip implants is the U.S. due to the vast availability of advanced technology, that has eased the task of replacement surgeries by providing minimally invasive and computer-assisted robotic techniques. The emergence of various biotech companies is giving rise to the launches of new surgical devices, promoting the growth of the knee and hip implant market. The U.S. holds a significant position in the global knee and hip implant market.
Scope of the Report
- The report provides a comprehensive analysis of the global knee and market; Primary, Partial or Unicompartmental, and Revision Implants.
- The major regional market (the U.S.) has been analyzed.
- The market dynamics such as growth drivers, market trends and challenges are analyzed in-depth.
- The competitive landscape of the market, along with the company profiles of leading players (Johnson and Johnson, Stryker Corporation, Zimmer Biomet, Smith and Nephew, Integra Lifesciences, and Microport) are also presented in detail.
Key Topics Covered
1.1 Hip Disorders and Treatments
1.2 Knee Disorders & Treatment
2. Global Orthopedic Market
2.1 Global Orthopedic Market by Value
2.2 Global Orthopedic Market Forecast by Value
2.3 Global Orthopedic Market by Segment
3. Global Knee Implant Market
3.1 Global Knee Implant Market by Volume
3.2 Global Knee Implant Market Forecast by Volume
3.3 Global Knee Implant Market Volume by Region
3.4 Global Knee Implant Market by Value
3.5 Global Knee Implant Market Forecast by Value
3.6 Global Knee Implant Market Value by Region
3.7 Global Knee Implant Market by Type
4. Global Hip Implant Market
4.1 Global Hip Implant Market by Volume
4.2 Global Hip Implant Market Forecast by Volume
4.3 Global Hip Implant Market Volume by Region
4.4 Global Hip Implant Market by Value
5. The U.S Knee and Hip Implant Market Analysis
5.1 The U.S Knee Implant Market Forecast by Volume
5.2 The U.S Knee Implant Market Volume by Segment
5.2.1 The U.S. Primary Knee Replacement Market Forecast by Volume
5.2.2 The U.S. Revision Knee Replacement Market Forecast by Volume
5.2.3 The U.S. Unicompartmental Knee Replacement Market Forecast by Volume
5.3 The U.S Knee Implant Market by Value
5.4 The U.S Knee Implant Market Forecast by Value
5.5 The U.S Knee Implant Market Value by Segment
5.6 The U.S Hip Implant Market Forecast by Volume
5.7 The U.S Hip Implant Market Volume by Segment
5.8 The U.S Hip Implant Market by Value
5.9 The U.S Hip Implant Market Forecast by Value
5.10 The U.S Hip Implant Market Value by Segment
6. Market Dynamics
6.1 Growth Drivers
6.1.1 Rising Disposable Income
6.1.2 Upsurge in Ageing Population
6.1.3 Growing Healthcare Expenditure
6.1.4 Longer Life Expectancy at Birth
6.1.5 Increasing Obesity Rates
6.2 Key Trends
6.2.1 Improving Surgical Robotic Systems Techniques
6.2.2 Decline in Global ASPs of Hip and Knee Implant Market
6.2.3 Increasing Adoption of Knee and Hip Implants
6.2.4 Rising Application of Computer-Assisted Total Hip Replacement Surgery
6.2.5 Improving Implant Materials
6.3.1 Regulatory Risk
6.3.2 Insufficient Reimbursement and Coverage
6.3.3 Scarcity of Expertise and Trained Healthcare Workers
7.1 Global Market
7.1.1 Global Knee Implant Market Share
7.1.2 Global Hip Implant Market Share
7.1.3 Global Knee and Hip Market Key Players Commercially Available Equipment
7.1.4 Global Knee and Hip Market Key Players R&D Expenses Comparison
7.1.5 Global Knee and Hip Market Key Players Revenue Comparison
7.1.6 Global Knee and Hip Market Key Players Market Capital Comparison
7.2 The U.S.
7.2.1 The U.S. Knee Implant Market Share
7.2.2 The U.S. Hip Implant Market Share
7.3 Outside the U.S.
7.3.1 Outside the U.S. Knee Implant Market Share
7.3.2 Outside the U.S. Hip Implant Market Share
8. Company Profiles
8.1 Johnson & Johnson
8.1.1 Business Overview
8.1.2 Financial Overview
8.1.3 Business Strategies
8.2 Stryker Corporation
8.3 Zimmer Biomet
8.4 Smith & Nephew
8.5 Integra LifeSciences
For more information about this report visit https://www.researchandmarkets.com/r/op5nyj