Hip and knee replacement surgeries are highly effective and becoming more common in use worldwide. Orthopedic reconstructive implants are used to replace joints that have deteriorated. Deterioration may come as a result of aging, disease, osteoarthritis, or injury.
The most common type of products of Hips and Knees replacement are total hip system; partial hip system; revision hip system; total knee system; partial knee system and revision knee system. In 2018, total hip system and partial knee system are the two products leading the market with 23.20% and 21.55%% market share rate respectively.
North America is the largest sales place, with a sales market share about 51.08% in 2018. Following by Europe, with 23.54% market share rate. Asia pacific is the fastest growing market with a 10.97% growth rate.
Market competition is intense. Zimmer Biomet; Johnson & Johnson; Stryker Corporation; Smith & Nephew are the leading companies of the hips and knees replacement industry, and they hold the key technology, with high-end customers; have been formed in the monopoly position in the industry with 77.76% market share in total. Following by some other companies with small market share including B. Braun; Wright Medical Group; Corin Group; Exactech, Inc.; DJO Global; Waldemar Link; Mindray.
The report offers detailed coverage of Hip and Knee Replacement industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Hip and Knee Replacement by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Hip and Knee Replacement market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Hip and Knee Replacement market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Zimmer Biomet
Johnson & Johnson
Stryker Corporation
Smith & Nephew
B. Braun
Wright Medical Group
Corin Group
Exactech
DJO Global
Waldemar Link
Mindray
At the same time, we classify Hip and Knee Replacement according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Total Hip Systems
Partial Hip Systems
Revision Hip Systems
Total Knee Systems
Partial Knee Systems
Revision Knee Systems
Market by Application
Hip Replacement
Knee Replacement
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Hip and Knee Replacement market for the forecast period 2021 - 2025?
• What are the driving forces in the Hip and Knee Replacement market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Hip and Knee Replacement industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?