New York, July 10, 2020 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Orthopedic Prosthetic Implants Industry" - https://www.reportlinker.com/p05443591/?utm_source=GNW
5 Billion by 2027, growing at a CAGR of 2.1% over the analysis period 2020-2027.Knee Prosthesis, one of the segments analyzed in the report, is projected to grow at a 2.2% CAGR to reach US$10.6 Billion by the end of the analysis period.After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Hip Prosthesis segment is readjusted to a revised 1.7% CAGR for the next 7-year period. This segment currently accounts for a 40.6% share of the global Orthopedic Prosthetic Implants market.
The U.S. Accounts for Over 27.1% of Global Market Size in 2020, While China is Forecast to Grow at a 4% CAGR for the Period of 2020-2027
The Orthopedic Prosthetic Implants market in the U.S. is estimated at US$4.8 Billion in the year 2020. The country currently accounts for a 27.07% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$4 Billion in the year 2027 trailing a CAGR of 4% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.4% and 1.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 0.8% CAGR while Rest of European market (as defined in the study) will reach US$4 Billion by the year 2027.
Shoulder Joint Prosthesis Segment Corners a 5% Share in 2020
In the global Shoulder Joint Prosthesis segment, USA, Canada, Japan, China and Europe will drive the 3.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$675.4 Million in the year 2020 will reach a projected size of US$836.8 Million by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$2.8 Billion by the year 2027, while Latin America will expand at a 4.5% CAGR through the analysis period. We bring years of research experience to this 19th edition of our report. The 194-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
-Competitors identified in this market include, among others,
- Aesculap Implant Systems, LLC
- Amplitude Surgical
- B. Braun Melsungen AG
- Baumer S.A
- ConforMIS, Inc.
- Corin Group PLC
- DePuy Synthes Companies
- DJO Global, Inc.
- Exactech, Inc.
- Extremity Medical, LLC
- Integra LifeSciences Corporation
- Medacta International
- Smith & Nephew Plc
- Stryker Corporation
- Waldemar Link GmbH & Co. KG
- Wright Medical Group N.V.
- Zimmer Biomet Holdings, Inc.
Read the full report: https://www.reportlinker.com/p05443591/?utm_source=GNW
I. INTRODUCTION, METHODOLOGY & REPORT SCOPE
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Orthopedic Prosthetic Implants: Reconstructive Devices for the
Joint Pain Epidemiology
Recent Market Activity
Growth Drivers in a Nutshell
Key Market Growth Inhibitors
Rising Prevalence of Osteoporosis, Arthritis and Other
Orthopedic Disorders: Foundation for Market Growth
Osteoporosis and Other Bone Related Health Concerns: Fast Facts
Global Market Outlook
Developed Markets: Traditional Revenue Contributors
Asia-Pacific Continues to Drive Current and Future Market Growth
Knee Prosthesis Garners a Larger Pie in the Global Orthopedic
Implants Market
Shoulder Prosthesis: The Fastest Growing Product Segment
Hip Prosthesis to Register Moderate Growth
Positive Outlook for the Healthcare IndustrySignals Promising
Growth in Demand
Global Competitor Market Shares
Orthopedic Prosthetic Implants Competitor Market Share Scenario
Worldwide (in %): 2018 & 2029
Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS
Amplitude Surgical (France)
B. Braun Melsungen AG (Germany)
Aesculap Implant Systems, LLC (USA)
Baumer S.A. (Brazil)
ConforMIS, Inc. (USA)
Corin Group PLC (UK)
DePuy Synthes Companies (USA)
DJO Global, Inc. (USA)
Exactech, Inc. (USA)
Extremity Medical, LLC (USA)
Integra LifeSciences Corporation (USA)
Medacta International (Switzerland)
Smith & Nephew Plc (UK)
Stryker Corporation (USA)
Waldemar Link GmbH & Co. KG (Germany)
Wright Medical Group N.V. (Netherlands)
Zimmer Biomet Holdings, Inc. (USA)
3. MARKET TRENDS & DRIVERS
Aging Population and their Vulnerability to Various Bone and
Joint Related Diseases and Disorders Drive Healthy Market
Growth
Demographic Statistics of Aging Populace: Unfurling the Market
Potential
Advanced Materials & Technologies: Spearheading Growth
Newer Technologies Find Increasing Acceptance
Myriad Benefits of Minimally Invasive Techniques for Joint
Replacements Drive Market Adoption
Growing Prominence of Trabecular Metal Technology Benefit
Market Prospects
Trend towards Higher-Priced Implants Augurs Well for Market
Expansion
Robotic-Assisted Surgery Facilitate Easier and Safe Hip and
Knee Replacements
Spurt in Medical Tourism Offers Lucrative Market Growth
Opportunities
Increasing Cases of Trauma Underpins Market Growth
Risks of Total Hip Replacement on a Decline
Osteoporosis & Arthritis Risk among the Expanding Diabetics
Population Lends Traction toMarket Growth
Rise in Global Obesity Epidemic Boosts Market Growth
Facts & Statistics on the Rising Obesity Levels: Important
Opportunity Indicators
Growing Number of Revision Orthopedic Surgeries
Cost Containment Issues
Rising Production Cost: A Key Challenge
Developing Countries Offer Significant Growth Opportunities
China and India Turbo Charge Future Market Growth
Rural Populations in Low-Income & Developing Countries: Huge
Untapped Market Potential
Steadily Increasing Healthcare Spending in Developing
Countries: Opportunities in Store
Favorable Demographic & Economic Trends Strengthen Market
Prospects
Longer Life Expectancy
Burgeoning Middle Class
Rising Disposable Incomes
Advancements in Stemless Shoulder Arthroplasty
OrthAlign Develops OrthAlign Plus® for Direct Anterior THR
Cytex Therapeutics Grows Cartilage in Lab for Arthritis Patients
Novel Implant Designs for Ankle Replacement Surgeries
PEEK Polymer: A Major Material Advancement in Implants
Reliable Surfaces for Load Bearing: Need ofthe Hour for Joint
Replacement Surgeries
3D Printing in Orthopedics
Novel Techniques for Improving Outcomes of Hip Replacement
Surgeries
Advancements in Total Hip Replacements
Anterior Approach
Liner Advancements for Longer-lasting Replacements
Tracing History of Hip Replacement Advancements
Minimally Invasive Hip Replacement Surgery
4. GLOBAL MARKET PERSPECTIVE
Table 1: Orthopedic Prosthetic Implants Global Market Estimates
and Forecasts in US$ Thousand by Region/Country: 2020-2027
Table 2: Orthopedic Prosthetic Implants Global Retrospective
Market Scenario in US$ Thousand by Region/Country: 2012-2019
Table 3: Orthopedic Prosthetic Implants Market Share Shift
across Key Geographies Worldwide: 2012 VS 2020 VS 2027
Table 4: Knee Prosthesis (Product Segment) World Market by
Region/Country in US$ Thousand: 2020 to 2027
Table 5: Knee Prosthesis (Product Segment) Historic Market
Analysis by Region/Country in US$ Thousand: 2012 to 2019
Table 6: Knee Prosthesis (Product Segment) Market Share
Breakdown of Worldwide Sales by Region/Country: 2012 VS 2020 VS
2027
Table 7: Hip Prosthesis (Product Segment) Potential Growth
Markets Worldwide in US$ Thousand: 2020 to 2027
Table 8: Hip Prosthesis (Product Segment) Historic Market
Perspective by Region/Country in US$ Thousand: 2012 to 2019
Table 9: Hip Prosthesis (Product Segment) Market Sales
Breakdown by Region/Country in Percentage: 2012 VS 2020 VS 2027
Table 10: Shoulder Joint Prosthesis (Product Segment)
Geographic Market Spread Worldwide in US$ Thousand: 2020 to
2027
Table 11: Shoulder Joint Prosthesis (Product Segment) Region
Wise Breakdown of Global Historic Demand in US$ Thousand: 2012
to 2019
Table 12: Shoulder Joint Prosthesis (Product Segment) Market
Share Distribution in Percentage by Region/Country: 2012 VS
2020 VS 2027
Table 13: Other Product Segments (Product Segment) World Market
Estimates and Forecasts by Region/Country in US$ Thousand: 2020
to 2027
Table 14: Other Product Segments (Product Segment) Market
Historic Review by Region/Country in US$ Thousand: 2012 to 2019
Table 15: Other Product Segments (Product Segment) Market Share
Breakdown by Region/Country: 2012 VS 2020 VS 2027
III. MARKET ANALYSIS
GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Market Facts & Figures
US Orthopedic Prosthetic Implants Market Share (in %) by
Company: 2018 & 2025
Market Analytics
Table 16: United States Orthopedic Prosthetic Implants Market
Estimates and Projections in US$ Thousand by Product Segment:
2020 to 2027
Table 17: Orthopedic Prosthetic Implants Market in the United
States by Product Segment: A Historic Review in US$ Thousand
for 2012-2019
Table 18: United States Orthopedic Prosthetic Implants Market
Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
CANADA
Table 19: Canadian Orthopedic Prosthetic Implants Market
Estimates and Forecasts in US$ Thousand by Product Segment:
2020 to 2027
Table 20: Canadian Orthopedic Prosthetic Implants Historic
Market Review by Product Segment in US$ Thousand: 2012-2019
Table 21: Orthopedic Prosthetic Implants Market in Canada:
Percentage Share Breakdown of Sales by Product Segment for
2012, 2020, and 2027
JAPAN
Table 22: Japanese Market for Orthopedic Prosthetic Implants:
Annual Sales Estimates and Projections in US$ Thousand by
Product Segment for the Period 2020-2027
Table 23: Orthopedic Prosthetic Implants Market in Japan:
Historic Sales Analysis in US$ Thousand by Product Segment for
the Period 2012-2019
Table 24: Japanese Orthopedic Prosthetic Implants Market Share
Analysis by Product Segment: 2012 VS 2020 VS 2027
CHINA
Table 25: Chinese Orthopedic Prosthetic Implants Market Growth
Prospects in US$ Thousand by Product Segment for the Period
2020-2027
Table 26: Orthopedic Prosthetic Implants Historic Market
Analysis in China in US$ Thousand by Product Segment: 2012-2019
Table 27: Chinese Orthopedic Prosthetic Implants Market by
Product Segment: Percentage Breakdown of Sales for 2012, 2020,
and 2027
EUROPE
Market Facts & Figures
European Orthopedic Prosthetic Implants Market: Competitor
Market Share Scenario (in %) for 2018 & 2025
Market Analytics
Table 28: European Orthopedic Prosthetic Implants Market Demand
Scenario in US$ Thousand by Region/Country: 2020-2027
Table 29: Orthopedic Prosthetic Implants Market in Europe:
A Historic Market Perspective in US$ Thousand by Region/Country
for the Period 2012-2019
Table 30: European Orthopedic Prosthetic Implants Market Share
Shift by Region/Country: 2012 VS 2020 VS 2027
Table 31: European Orthopedic Prosthetic Implants Market
Estimates and Forecasts in US$ Thousand by Product Segment:
2020-2027
Table 32: Orthopedic Prosthetic Implants Market in Europe in
US$ Thousand by Product Segment: A Historic Review for the
Period 2012-2019
Table 33: European Orthopedic Prosthetic Implants Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027
FRANCE
Table 34: Orthopedic Prosthetic Implants Market in France by
Product Segment: Estimates and Projections in US$ Thousand for
the Period 2020-2027
Table 35: French Orthopedic Prosthetic Implants Historic Market
Scenario in US$ Thousand by Product Segment: 2012-2019
Table 36: French Orthopedic Prosthetic Implants Market Share
Analysis by Product Segment: 2012 VS 2020 VS 2027
GERMANY
Table 37: Orthopedic Prosthetic Implants Market in Germany:
Recent Past, Current and Future Analysis in US$ Thousand by
Product Segment for the Period 2020-2027
Table 38: German Orthopedic Prosthetic Implants Historic Market
Analysis in US$ Thousand by Product Segment: 2012-2019
Table 39: German Orthopedic Prosthetic Implants Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027
ITALY
Table 40: Italian Orthopedic Prosthetic Implants Market Growth
Prospects in US$ Thousand by Product Segment for the Period
2020-2027
Table 41: Orthopedic Prosthetic Implants Historic Market
Analysis in Italy in US$ Thousand by Product Segment: 2012-2019
Table 42: Italian Orthopedic Prosthetic Implants Market by
Product Segment: Percentage Breakdown of Sales for 2012, 2020,
and 2027
UNITED KINGDOM
Table 43: United Kingdom Market for Orthopedic Prosthetic
Implants: Annual Sales Estimates and Projections in US$
Thousand by Product Segment for the Period 2020-2027
Table 44: Orthopedic Prosthetic Implants Market in the United
Kingdom: Historic Sales Analysis in US$ Thousand by Product
Segment for the Period 2012-2019
Table 45: United Kingdom Orthopedic Prosthetic Implants Market
Share Analysis by Product Segment: 2012 VS 2020 VS 2027
SPAIN
Table 46: Spanish Orthopedic Prosthetic Implants Market
Estimates and Forecasts in US$ Thousand by Product Segment:
2020 to 2027
Table 47: Spanish Orthopedic Prosthetic Implants Historic
Market Review by Product Segment in US$ Thousand: 2012-2019
Table 48: Orthopedic Prosthetic Implants Market in Spain:
Percentage Share Breakdown of Sales by Product Segment for
2012, 2020, and 2027
RUSSIA
Table 49: Russian Orthopedic Prosthetic Implants Market
Estimates and Projections in US$ Thousand by Product Segment:
2020 to 2027
Table 50: Orthopedic Prosthetic Implants Market in Russia by
Product Segment: A Historic Review in US$ Thousand for
2012-2019
Table 51: Russian Orthopedic Prosthetic Implants Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027
REST OF EUROPE
Table 52: Rest of Europe Orthopedic Prosthetic Implants Market
Estimates and Forecasts in US$ Thousand by Product Segment:
2020-2027
Table 53: Orthopedic Prosthetic Implants Market in Rest of
Europe in US$ Thousand by Product Segment: A Historic Review
for the Period 2012-2019
Table 54: Rest of Europe Orthopedic Prosthetic Implants Market
Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
ASIA-PACIFIC
Table 55: Asia-Pacific Orthopedic Prosthetic Implants Market
Estimates and Forecasts in US$ Thousand by Region/Country:
2020-2027
Table 56: Orthopedic Prosthetic Implants Market in
Asia-Pacific: Historic Market Analysis in US$ Thousand by
Region/Country for the Period 2012-2019
Table 57: Asia-Pacific Orthopedic Prosthetic Implants Market
Share Analysis by Region/Country: 2012 VS 2020 VS 2027
Table 58: Orthopedic Prosthetic Implants Market in Asia-Pacific
by Product Segment: Estimates and Projections in US$ Thousand
for the Period 2020-2027
Table 59: Asia-Pacific Orthopedic Prosthetic Implants Historic
Market Scenario in US$ Thousand by Product Segment: 2012-2019
Table 60: Asia-Pacific Orthopedic Prosthetic Implants Market
Share Analysis by Product Segment: 2012 VS 2020 VS 2027
AUSTRALIA
Table 61: Orthopedic Prosthetic Implants Market in Australia:
Recent Past, Current and Future Analysis in US$ Thousand by
Product Segment for the Period 2020-2027
Table 62: Australian Orthopedic Prosthetic Implants Historic
Market Analysis in US$ Thousand by Product Segment: 2012-2019
Table 63: Australian Orthopedic Prosthetic Implants Market
Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
INDIA
Table 64: Indian Orthopedic Prosthetic Implants Market
Estimates and Forecasts in US$ Thousand by Product Segment:
2020 to 2027
Table 65: Indian Orthopedic Prosthetic Implants Historic Market
Review by Product Segment in US$ Thousand: 2012-2019
Table 66: Orthopedic Prosthetic Implants Market in India:
Percentage Share Breakdown of Sales by Product Segment for
2012, 2020, and 2027
SOUTH KOREA
Table 67: Orthopedic Prosthetic Implants Market in South Korea:
Recent Past, Current and Future Analysis in US$ Thousand by
Product Segment for the Period 2020-2027
Table 68: South Korean Orthopedic Prosthetic Implants Historic
Market Analysis in US$ Thousand by Product Segment: 2012-2019
Table 69: Orthopedic Prosthetic Implants Market Share
Distribution in South Korea by Product Segment: 2012 VS 2020 VS
2027
REST OF ASIA-PACIFIC
Table 70: Rest of Asia-Pacific Market for Orthopedic Prosthetic
Implants: Annual Sales Estimates and Projections in US$
Thousand by Product Segment for the Period 2020-2027
Table 71: Orthopedic Prosthetic Implants Market in Rest of
Asia-Pacific: Historic Sales Analysis in US$ Thousand by
Product Segment for the Period 2012-2019
Table 72: Rest of Asia-Pacific Orthopedic Prosthetic Implants
Market Share Analysis by Product Segment: 2012 VS 2020 VS 2027
LATIN AMERICA
Table 73: Latin American Orthopedic Prosthetic Implants Market
Trends by Region/Country in US$ Thousand: 2020-2027
Table 74: Orthopedic Prosthetic Implants Market in Latin
America in US$ Thousand by Region/Country: A Historic
Perspective for the Period 2012-2019
Table 75: Latin American Orthopedic Prosthetic Implants Market
Percentage Breakdown of Sales by Region/Country: 2012, 2020,
and 2027
Table 76: Latin American Orthopedic Prosthetic Implants Market
Growth Prospects in US$ Thousand by Product Segment for the
Period 2020-2027
Table 77: Orthopedic Prosthetic Implants Historic Market
Analysis in Latin America in US$ Thousand by Product Segment:
2012-2019
Table 78: Latin American Orthopedic Prosthetic Implants
Marketby Product Segment: Percentage Breakdown of Sales for
2012, 2020, and 2027
ARGENTINA
Table 79: Argentinean Orthopedic Prosthetic Implants Market
Estimates and Forecasts in US$ Thousand by Product Segment:
2020-2027
Table 80: Orthopedic Prosthetic Implants Market in Argentina in
US$ Thousand by Product Segment: A Historic Review for the
Period 2012-2019
Table 81: Argentinean Orthopedic Prosthetic Implants Market
Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
BRAZIL
Table 82: Orthopedic Prosthetic Implants Market in Brazil by
Product Segment: Estimates and Projections in US$ Thousand for
the Period 2020-2027
Table 83: Brazilian Orthopedic Prosthetic Implants Historic
Market Scenario in US$ Thousand by Product Segment: 2012-2019
Table 84: Brazilian Orthopedic Prosthetic Implants Market Share
Analysis by Product Segment: 2012 VS 2020 VS 2027
MEXICO
Table 85: Orthopedic Prosthetic Implants Market in Mexico:
Recent Past, Current and Future Analysis in US$ Thousand by
Product Segment for the Period 2020-2027
Table 86: Mexican Orthopedic Prosthetic Implants Historic
Market Analysis in US$ Thousand by Product Segment: 2012-2019
Table 87: Mexican Orthopedic Prosthetic Implants Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027
REST OF LATIN AMERICA
Table 88: Rest of Latin America Orthopedic Prosthetic Implants
Market Estimates and Projections in US$ Thousand by Product
Segment: 2020 to 2027
Table 89: Orthopedic Prosthetic Implants Market in Rest of
Latin America by Product Segment: A Historic Review in US$
Thousand for 2012-2019
Table 90: Rest of Latin America Orthopedic Prosthetic Implants
Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
MIDDLE EAST
Table 91: The Middle East Orthopedic Prosthetic Implants Market
Estimates and Forecasts in US$ Thousand by Region/Country:
2020-2027
Table 92: Orthopedic Prosthetic Implants Market in the Middle
East by Region/Country in US$ Thousand: 2012-2019
Table 93: The Middle East Orthopedic Prosthetic Implants Market
Share Breakdown by Region/Country: 2012, 2020, and 2027
Table 94: The Middle East Orthopedic Prosthetic Implants Market
Estimates and Forecasts in US$ Thousand by Product Segment:
2020 to 2027
Table 95: The Middle East Orthopedic Prosthetic Implants
Historic Marketby Product Segment in US$ Thousand: 2012-2019
Table 96: Orthopedic Prosthetic Implants Market in the Middle
East: Percentage Share Breakdown of Salesby Product Segment for
2012,2020, and 2027
IRAN
Table 97: Iranian Market for Orthopedic Prosthetic Implants:
Annual Sales Estimates and Projections in US$ Thousand by
Product Segment for the Period 2020-2027
Table 98: Orthopedic Prosthetic Implants Market in Iran:
Historic Sales Analysis in US$ Thousand by Product Segment for
the Period 2012-2019
Table 99: Iranian Orthopedic Prosthetic Implants Market Share
Analysis by Product Segment: 2012 VS 2020 VS 2027
ISRAEL
Table 100: Israeli Orthopedic Prosthetic Implants Market
Estimates and Forecasts in US$ Thousand by Product Segment:
2020-2027
Table 101: Orthopedic Prosthetic Implants Market in Israel in
US$ Thousand by Product Segment: A Historic Review for the
Period 2012-2019
Table 102: Israeli Orthopedic Prosthetic Implants Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027
SAUDI ARABIA
Table 103: Saudi Arabian Orthopedic Prosthetic Implants Market
Growth Prospects in US$ Thousand by Product Segment for the
Period 2020-2027
Table 104: Orthopedic Prosthetic Implants Historic Market
Analysis in Saudi Arabia in US$ Thousand by Product Segment:
2012-2019
Table 105: Saudi Arabian Orthopedic Prosthetic Implants Market
by Product Segment: Percentage Breakdown of Sales for 2012,
2020, and 2027
UNITED ARAB EMIRATES
Table 106: Orthopedic Prosthetic Implants Market in the United
Arab Emirates: Recent Past, Current and Future Analysis in US$
Thousand by Product Segment for the Period 2020-2027
Table 107: United Arab Emirates Orthopedic Prosthetic Implants
Historic Market Analysis in US$ Thousand by Product Segment:
2012-2019
Table 108: Orthopedic Prosthetic Implants Market Share
Distribution in United Arab Emirates by Product Segment: 2012
VS 2020 VS 2027
REST OF MIDDLE EAST
Table 109: Orthopedic Prosthetic Implants Market in Rest of
Middle East: Recent Past, Current and Future Analysis in US$
Thousand by Product Segment for the Period 2020-2027
Table 110: Rest of Middle East Orthopedic Prosthetic Implants
Historic Market Analysis in US$ Thousand by Product Segment:
2012-2019
Table 111: Rest of Middle East Orthopedic Prosthetic Implants
Market Share Breakdown by Product Segment: 2012 VS 2020 VS 2027
AFRICA
Table 112: African Orthopedic Prosthetic Implants Market
Estimates and Projections in US$ Thousand by Product Segment:
2020 to 2027
Table 113: Orthopedic Prosthetic Implants Market in Africa by
Product Segment: A Historic Review in US$ Thousand for
2012-2019
Table 114: African Orthopedic Prosthetic Implants Market Share
Breakdown by Product Segment: 2012 VS 2020 VS 2027
IV. COMPETITION
Total Companies Profiled: 50
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