Global Artificial Joints Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029
According to our (Global Info Research) latest study, the global Artificial Joints market size was valued at USD 17710 million in 2022 and is forecast to a readjusted size of USD 27720 million by 2029 with a CAGR of 6.6% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The key global manufacturers of artificial joints are Zimmer Biomet, Stryker, Johnson & Johnson, Smith & Nephew, B. Braun (Aesculap), Medacta, Enovis (Colfax), and others. The top three manufacturers together hold more than 60% of the market share, with the largest manufacturer being Zimmer Biomet, which holds 30% of the market share. Global origins are mainly located in North America, Europe, China, etc. North America is the largest market with a 35% market share. In terms of product type, alloy artificial joints dominate the market with 45% market share, followed by ceramic and oxinium artificial joints with 40% and 6% market share, respectively. In terms of application, 55% of the market share is for knee joints and 40% for hip joints.
Artificial Joints is an orthopedic prosthesis, which generally made from metal, oxinium, ceramics, etc. Artificial Joints is used in a procedure of orthopedic surgery in which an arthritic or dysfunctional joint surface is replaced. Joint replacement is considered as a treatment when severe joint pain or dysfunction is not alleviated by less-invasive therapies.
This report is a detailed and comprehensive analysis for global Artificial Joints market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Artificial Joints market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Artificial Joints market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Artificial Joints market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029
Global Artificial Joints market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Artificial Joints
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Artificial Joints market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Zimmer Biomet, Stryker, Johnson & Johnson, Smith & Nephew and B. Braun(Aesculap), etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Artificial Joints market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Ceramics Artificial Joints
Alloy Artificial Joints
Oxinium Artificial Joints
Other
Market segment by Application
Knee
Hip
Other
Major players covered
Zimmer Biomet
Stryker
Johnson & Johnson
Smith & Nephew
B. Braun(Aesculap)
Medacta
Enovis (Colfax)
Exactech
Limacorporate
Chunli
Waldemar Link
MicroPort
AK Medical
Wego
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Artificial Joints product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Artificial Joints, with price, sales, revenue and global market share of Artificial Joints from 2018 to 2023.
Chapter 3, the Artificial Joints competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Artificial Joints breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Artificial Joints market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Artificial Joints.
Chapter 14 and 15, to describe Artificial Joints sales channel, distributors, customers, research findings and conclusion.