Global Bone Replacement Products Market, by Product Type, Material, End User ,Region and Geography - Global Trends and Forecast, 2022 - 2028
Bone replacement products are the implants surgically placed into the body to restore the normal bone function by replacing the damaged structure. The increased safety profiles, intraoperative cost, and adaptability to a variety of clinical challenges have enhanced the usage of innovative bone replacement products in the recent past. The advantages offered by bone replacement products include reduction of treatment time, bone preservation, and significant reduction in long-term treatment cost. The focus on cost-effective and wear-reducing quality products in order to enhance the product offerings and decrease the revision rate associated with replacement surgeries are expected to aid the bone replacement products market over the forecast period.
Market Dynamics
The major factors driving growth of the bone replacement products market include rapid technological advancement of the orthopedic implants and improved healthcare facilities in emerging economies. Furthermore, the wide application of bone replacement products in the field of oncology, spine surgeries, and trauma cases is expected to fuel the market growth over the forecast period. According to the study by Orthoknow, 2012, around 2.9 million joint replacement procedures occur annually worldwide, including over 1.4 million hip procedures, 1.1 million knee procedures, and around 100,000 shoulder replacements. However, postoperative risks associated with bone replacement products and stringent approval of the highly specialized products by the regulatory agencies are the factors hampering growth of the bone replacement products market.
Key features of the study:
This report provides in-depth analysis of bone replacement products market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global bone replacement products market based on the following parameters – company overview, financial performance, product portfolio, ax presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Zimmer Biomet Holdings, Inc, B. Braun Melsungen AG, Stryker Corporation, Smith & Nephew Plc, United Orthopedic Corporation, Depuy Synthes, Japan Medical Dynamic Marketing, Inc., JRI Orthopedics, Exactech, Inc., Mathys, and Medtronic Plc.
Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
The global bone replacement products market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the bone replacement products market
Detailed Segmentation:
Global Bone Replacement Products Market, By Product Type:
Hip Replacement
Femoral Components
Acetabular Components
Knee Replacement
Partial Knee Replacement
Total Knee Replacement
Trauma and Extremities
Upper Extremity
Lower Extremity
Spine Replacement
Global Bone Replacement Products Market, By Material:
Metals
Ceramics
Plastics
Combination of Materials
Global Bone Replacement Products Market, By End User:
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
Global Bone Replacement Products Market, By Geography:
North America
By Product Type:
Hip Replacement
Femoral Components
Acetabular Components
Knee Replacement
Partial Knee Replacement
Total Knee Replacement
Trauma and Extremities
Upper extremity
Lower Extremity
Spine Replacement
By Material:
Metals
Ceramics
Plastics
Combination of Materials
By End User:
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
By Country:
U.S.
Canada
Latin America
By Product Type:
Hip Replacement
Femoral Components
Acetabular Components
Knee Replacement
Partial Knee Replacement
Total Knee Replacement
Trauma and Extremities
Upper extremity
Lower Extremity
Spine Replacement
By Material:
Metals
Ceramics
Plastics
Combination of Materials
By End User:
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
By Country:
Brazil
Mexico
Rest of Latin America
Europe
By Product Type:
Hip Replacement
Femoral Components
Acetabular Components
Knee Replacement
Partial Knee Replacement
Total Knee Replacement
Trauma and Extremities
Upper extremity
Lower Extremity
Spine Replacement
By Material:
Metals
Ceramics
Plastics
Combination of Materials
By End User:
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Product Type:
Hip Replacement
Femoral Components
Acetabular Components
Knee Replacement
Partial Knee Replacement
Total Knee Replacement
Trauma and Extremities
Upper extremity
Lower Extremity
Spine Replacement
By Material:
Metals
Ceramics
Plastics
Combination of Materials
By End User:
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Middle East
By Product Type:
Hip Replacement
Femoral Components
Acetabular Components
Knee Replacement
Partial Knee Replacement
Total Knee Replacement
Trauma and Extremities
Upper extremity
Lower Extremity
Spine Replacement
By Material:
Metals
Ceramics
Plastics
Combination of Materials
By End User:
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
By Country:
GCC
Israel
Rest of Middle East
Africa
By Product Type:
Hip Replacement
Femoral Components
Acetabular Components
Knee Replacement
Partial Knee Replacement
Total Knee Replacement
Trauma and Extremities
Upper extremity
Lower Extremity
Spine Replacement
By Material:
Metals
Ceramics
Plastics
Combination of Materials
By End User:
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers
By Country:
South Africa
Central Africa
North Africa
Company Profiles
Zimmer Biomet Holdings, Inc.*
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
B. Braun Melsungen AG
Stryker Corporation
Smith & Nephew Plc.
United Orthopedic Corporation
Depuy Synthes
Japan Medical Dynamic Marketing, Inc.
JRI Orthopedics
Exactech, Inc.
Mathys
Medtronic Plc.
“*” marked represents similar segmentation in other categories in the respective section.
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