Orthopedic Prosthetic Implants Global Market Report 2023: Myriad Benefits of Minimally Invasive Techniques for Joint Replacements Drive Adoption

DUBLIN, March 14, 2023 /PRNewswire/ -- The "Orthopedic Prosthetic Implants: Global Strategic Business Report" report has been added to  ResearchAndMarkets.com's offering.

Global Orthopedic Prosthetic Implants Market to Reach $28.5 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Orthopedic Prosthetic Implants estimated at US$18.2 Billion in the year 2022, is projected to reach a revised size of US$28.5 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2022-2030. Knee Prosthesis, one of the segments analyzed in the report, is projected to record 6% CAGR and reach US$14.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Hip Prosthesis segment is readjusted to a revised 5.2% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.9 Billion, While China is Forecast to Grow at 8.7% CAGR

The Orthopedic Prosthetic Implants market in the U.S. is estimated at US$4.9 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6 Billion by the year 2030 trailing a CAGR of 8.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 4.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.5% CAGR.

Select Competitors (Total 52 Featured) -

• 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.

What`s New for 2023?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and Research Platform
• Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

• Influencer Market Insights
• World Market Trajectories
• 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 Industry Signals Promising Growth in Demand
• Orthopedic Prosthetic Implants - Global Key Competitors Percentage Market Share in 2022 (E)
• Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
• Impact of Covid-19 and a Looming Global Recession

2. FOCUS ON SELECT PLAYERS

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 to Market 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 of the 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

III. MARKET ANALYSIS

IV. COMPETITION

A selection of companies mentioned in this report includes

• 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.

For more information about this report visit https://www.researchandmarkets.com/r/lyae20

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