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.
Scope of the Report: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 2019, 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 2019. 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 worldwide market for Hip and Knee Replacement is expected to grow at a CAGR of roughly 3.8% over the next five years, will reach 20600 million US$ in 2026, from 17070 million US$ in 2020, according to a new study.
This report focuses on the Hip and Knee Replacement in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers Zimmer Biomet
Johnson & Johnson
Stryker Corporation
Smith & Nephew
B. Braun
Wright Medical Group
Corin Group
Exactech
DJO Global
Waldemar Link
Mindray
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Total Hip Systems
Partial Hip Systems
Revision Hip Systems
Total Knee Systems
Partial Knee Systems
Revision Knee Systems
Market Segment by Applications, can be divided into Hip Replacement
Knee Replacement
The content of the study subjects, includes a total of 15 chapters:Chapter 1, to describe Hip and Knee Replacement product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Hip and Knee Replacement, with price, sales, revenue and global market share of Hip and Knee Replacement in 2018 and 2019.
Chapter 3, the Hip and Knee Replacement competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hip and Knee Replacement breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2015 to 2020.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2015 to 2020.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2015 to 2020.
Chapter 12, Hip and Knee Replacement market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026.
Chapter 13, 14 and 15, to describe Hip and Knee Replacement sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.
