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Global Artificial Joints Market 2017-2021

Global Artificial Joints Market 2017-2021

About Artificial Joints

Artificial joints are metal or plastic parts that are surgically implanted to replace a natural body joint. When placed inside the body, artificial joints are known as prostheses. They are made from ceramics, alloy, or other materials such as biomaterials. Artificial joints are commonly used for knee, hip, shoulder, and other small joints such as wrist and elbow. The increasing incidence of arthritis and the growth of the aging population have driven the growth of the global artificial joints market.

Technavio’s analysts forecast the global artificial joints market to grow at a CAGR of 5.53% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global artificial joints market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Artificial Joints Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • DePuy Synthes
  • Smith & Nephew
  • Stryker
  • Zimmer Biomet
Other prominent vendors
  • Arthrex
  • Acumed
  • Aesculap Implant Systems
  • AK Medical
  • BioPro
  • DJO Surgical
  • Extremity Medical
  • Integra LifeSciences
  • JRI Orthopaedics
  • Lima Corporate (acquired by EQT VII)
  • Medtronic
  • Orthofix
  • Wright Medical
Market driver
  • Increasing incidence of age-related musculoskeletal disorders
  • For a full, detailed list, view our report
Market challenge
  • High cost of surgeries 
  • For a full, detailed list, view our report
Market trend
  • Increasing demand for MI surgeries
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Artificial Joints Market 2017-2021

Technavio recognizes the following companies as the key players in the global artificial joints market: DePuy Synthes, Smith & Nephew, Stryker, and Zimmer Biomet.

Other Prominent Vendors in the market are: Arthrex, Acumed, Aesculap Implant Systems, AK Medical, BioPro, DJO Surgical, Extremity Medical, Integra LifeSciences, JRI Orthopaedics, Lima Corporate (acquired by EQT VII), Medtronic, Orthofix, and Wright Medical.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is increasing demand for MI surgeries. The demand for MI surgeries has been increasing across the world. MI surgeries reduce physical trauma and the risk of infections. This enables patients to recover faster. MI surgeries involve short hospital stay, improve comfort, and enable the early return to work.”

According to the report, one driver in the market is increasing incidence of age-related musculoskeletal disorders. Musculoskeletal disorders have been the most common disorder that affects the aging population. The most frequent musculoskeletal disorders among the aging population have been osteoporosis, osteoarthritis, fractures, and infections. With aging, musculoskeletal tissues become fragile, loose cartilage resilience, have reduced ligament elasticity, and loose of muscular strength, which reduce the ability of tissues to perform normal functions.

Further, the report states that one challenge in the market is high cost of surgeries. The high cost of joint surgeries can affect the growth of the global artificial joints market. Due to technological advances, the cost of artificial joints and related procedures has been increasing. For instance, in the US, hip replacement surgery costs between $40,000 and $42,000 and knee replacement surgery costs between $33,000 and $35,000. The increasing cost of joint replacement surgeries has forced people to opt for other alternative treatments such as medication, exercise, and injections.

Companies Mentioned

DePuy Synthes, Smith & Nephew, Stryker, Zimmer Biomet, Arthrex, Acumed, Aesculap Implant Systems, AK Medical, BioPro, DJO Surgical, Extremity Medical, Integra LifeSciences, JRI Orthopaedics, Lima Corporate (acquired by EQT VII), Medtronic, Orthofix, and Wright Medical.

  • Executive summary
  • Scope of the report
  • Research methodology
  • Introduction
    • Overview
      • Table Global artificial joints market: Impact of factors
  • Market landscape
    • Overview
      • Table Global artificial joints market: Overview
    • Market size and forecast
      • Table Global artificial joints market 2016-2021 ($ billions)
    • Five forces analysis
      • Table Five forces analysis
  • Segmentation by application
    • Overview
      • Table Global artificial joints market: Segmentation by application 2016-2021 (%) share
    • Comparison by application
      • Table Global artificial joints market: Comparison of segmentation by application
    • Knee
      • Table Global artificial joints for knee market 2016-2021 ($ billions)
      • Table Global artificial joints for knee market: Year-over-year growth 2017-2021 (%)
    • Hip
      • Table Global artificial joints for hip market 2016-2021 ($ billions)
      • Table Global artificial joints for hip market: Year-over-year growth 2017-2021 (%)
    • Shoulder
      • Table Global artificial joints for shoulder market 2016-2021 ($ billions)
      • Table Global artificial joints for shoulder market: Year-over-year growth 2017-2021 (%)
    • Others
      • Table Global artificial joints for others market 2016-2021 ($ billions)
      • Table Global artificial joints for others market: Year-over-year growth 2017-2021 (%)
    • Market opportunity by application
  • Segmentation by product type
    • Overview
    • Ceramics
    • Alloys
    • Others
  • Segmentation by end-user
    • Overview
      • Table Global artificial joints market: Segmentation by end-user 2016 (% share)
    • Hospitals
    • ASCs
  • Segmentation by geography
    • Overview
      • Table Global artificial joints market: Segmentation by geography 2016-2021 (% share)
    • Regional comparison
      • Table Global artificial joints market: Regional comparison
    • Americas
      • Table Artificial joints market in Americas 2016-2021 ($ billions)
      • Table Artificial joints market in Americas: Year-over-year growth 2017-2021 (%)
      • Table Artificial joints market in Americas: Top-three countries
    • EMEA
      • Table Artificial joints market in EMEA 2016-2021 ($ billions)
      • Table Artificial joints market in EMEA: Year-over-year growth 2017-2021 (%)
      • Table Artificial joints market in EMEA: Top-three countries
    • APAC
      • Table Artificial joints market in APAC 2016-2021 ($ billions)
      • Table Artificial joints market in APAC: Year-over-year growth 2017-2021 (%)
      • Table Artificial joints market in APAC: Top-three countries
    • Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Increasing demand for MI surgeries
    • Technological advances
  • Vendor landscape
    • Competitive scenario
      • Table Global artificial joints market: Competitive structure analysis 2016
    • Other prominent vendors
  • Vendor analysis
    • Vendor overview
    • DePuy Synthes
      • Table DePuy Synthes: Key highlights
      • Table DePuy Synthes: Strength assessment
      • Table DePuy Synthes: Strategy assessment
      • Table DePuy Synthes: Opportunity assessment
    • Smith & Nephew
      • Table Smith & Nephew: Key highlights
      • Table Smith & Nephew: Strength assessment
      • Table Smith & Nephew: Strategy assessment
      • Table Smith & Nephew: Opportunity assessment
    • Stryker
      • Table Stryker: Global sales by segment 2016 (%)
      • Table Stryker: Key highlights
      • Table Stryker: Strength assessment
      • Table Stryker: Strategy assessment
      • Table Stryker: Opportunity assessment
    • Zimmer Biomet
      • Table Zimmer Biomet: Key highlights
      • Table Zimmer Biomet: Strength assessment
      • Table Zimmer Biomet: Strategy assessment
      • Table Zimmer Biomet: Opportunity assessment
  • Appendix
    • List of abbreviations
  • Explore Technavio

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