Large Joint Devices Market Report Suite - Global - 2022-2028 - MedSuite
The total Global Large Joint Devices Market is growing at a rate of 4.8%, which will take the 2021 market value of $19 billion up to $26 billion by 2028. One of the top emerging trends within the Global Large Joint Devices Market is that the share of hip replacement is increasing, while knee replacement will lose some share.
The full report suite on the global market for orthopedic large joint devices includes multiple segments and sub-segments including knee replacement devices, hip replacement devices and associated accessories, such as bone cement. In terms of the global market share, the top competitors within the global large joints market are Zimmer Biomet, Stryker, and DePuy Synthes.
MARKET REPORT DATA TYPES INCLUDED
Unit Sales, Average Selling Prices, Market Value & Growth Trends
Forecasts Until 2028, and Historical Data to 2018
Market Drivers & Limiters for Each Segment
Competitive Analysis with Market Shares for Each Segment
Recent Mergers & Acquisitions
Procedure Volumes
Company Profiles, Product Portfolios and SWOT for Top Competitors
COVID-19 Impact Analysis
COVID-19 IMPACT ON THE GLOBAL LARGE JOINTS MARKET
The effects of the pandemic on the global large joint market varied by segment. The decline in each segment of the market was close, but the hip replacement market was impacted the most, followed by bone cement and knee replacement.
TRENDS WITHIN THE GLOBAL LARGE JOINTS MARKET
One of the major market drivers is the rise in the target population. The prevalence of joint degeneration increases with the age of the population, driving the need for arthroplasty devices and procedures. Because of this, growth of the target patient demographic will result in higher demand for knee and hip replacement procedures. According to the World Bank’s data, the population aged 65 years and above in the world is increasing compared to the global population.
GLOBAL LARGE JOINTS MARKET SHARE INSIGHTS
Overall, within the Global Orthopedic Large Joints Market there are three dominant competitors: Zimmer Biomet, Stryker, and DePuy Synthes. Alongside these three market leaders, several other companies are included within this report.
In 2021, Zimmer Biomet led the overall global orthopedic large joint device market. The company was the leader in both the global hip and knee replacement market.
MARKET SEGMENTATION SUMMARY
You can view all these included reports and segmentation here:
Hip Replacement Market – MedCore – Includes:
Total knee replacement, partial knee replacement and knee replacement revision devices.
Knee Replacement Market – MedCore – Includes:
Total hip replacement, partial hip replacement and hip replacement revision.
Bone Cement Market – MedCore – Includes:
Traditional bone cement and premixed antibiotic bone cement.
RESEARCH SCOPE SUMMARY
Regions – North America (Canada, United States), Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela), Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.), Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine), Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam), Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year – 2021
Forecast – 2022-2028
Historical Data – 2018-2021
Quantitative Coverage – Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative Coverage – COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
Data Sources – Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.
WHY CHOOSE iDATA?
Experts Only – iData has been around for over 17 years and is the trusted source of intelligence, and data-driven insights for key industry players. We are made up of specialists with a sole focus on medical devices, dental devices and pharmaceuticals. Our research and consulting field of endeavour never strays from the medical device industry and, because of this, we are the number one choice for leading companies in this field.
Global Coverage - iData's unique methodology, and its expansion to over 70 countries world-wide, has made it one of the most viable sources of intelligence for global companies along with those who plan to expand their portfolio beyond the confines of their own country. Providing procedural data at the country level is another testimony to the trusted global coverage we provide.
Attention to Detail - It’s our attention to small details, scheduling of timelines, and keen project management that makes us stand out from the rest. We are creative, and our reports include metrics such as procedure numbers, ASPs, and SKU-level insights that are not found elsewhere.
Pricing - When comparing like-with-like, iData's prices are not only extremely competitive but also the most cost-effective. We strive for success and want the same for our clients. With the level of detail incorporated into each report alongside the extensive segmentation provided, no other report compares at our price point.
Work with us, and you’ll work with seasoned professionals – vigilant of deadlines, and committed to providing the most up-to-date, accurate medical device market research.
The full report suite on the Global Large Joints Medical Devices Market includes: Hip Replacement Market (Total hip replacement, partial hip replacement and hip replacement revision), Knee Replacement Market (including: total knee replacement, partial knee replacement and knee replacement revision devices), and Bone Cement Market (Traditional bone cement and premixed antibiotic bone cement)
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