DUBLIN–(BUSINESS WIRE)–The “Large Joint Devices Market Report Suite – Global – 2022-2028 – MedSuite” report has been added to ResearchAndMarkets.com’s offering.
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.
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 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
MARKET SEGMENTATION SUMMARY
- 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
- 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, Publisher’s Internal Database.
Companies Mentioned
- Adler
- AK Medica
- Altimed
- B. Braun
- Biopsybell
- Biorad Medisys
- Cellumed
- Ceraver
- Colfax
- Consensus Orthopedics
- Corin Group
- Dedienne Sante
- DePuy Synthes
- EVOLUTIS
- Exactech
- G-21
- Globus Medical
- Groupe Lepine
- Gruppo Biompianti
- Heraeus
- Implantec
- JRI Orthopedics
- Kyeron
- Link Orthopedics
- Lima Orthopedics
- Mathys
- Microport
- MN Solutions
- Nation Medical Group
- OMNIlife Science
- Ortho Development
- Orthotech
- Peter Brehm
- SAMO
- Sharma Orthopedic Signal Medical
- Signal Medical
- Signature Orthopedics
- Smith & Nephew
- Stryker
- Symbios
- Tecres
- Teijin Nakashima Medical
- Teknimed
- Uma Surgical
- United Biomech
- Waldmar Link
- Zimed Medical
- Zimmer Biomet
For more information about this report visit https://www.researchandmarkets.com/r/hmsgn9
Contacts
ResearchAndMarkets.com
Laura Wood, Senior Press Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
