Bone replacement products are the implants surgically placed into the body to restore the normal bone function by replacing the damaged structure. The increased safety profiles, intraoperative cost, and adaptability to a variety of clinical challenges have enhanced the usage of innovative bone replacement products in the recent past. The advantages offered by bone replacement products include reduction of treatment time, bone preservation, and significant reduction in long-term treatment cost. The focus on cost-effective and wear-reducing quality products in order to enhance the product offerings and decrease the revision rate associated with replacement surgeries are expected to aid the bone replacement products market over the forecast period.
Market Dynamics
The major factors driving growth of the bone replacement products market include rapid technological advancement of the orthopedic implants and improved healthcare facilities in emerging economies. Furthermore, the wide application of bone replacement products in the field of oncology, spine surgeries, and trauma cases is expected to fuel the market growth over the forecast period. According to the study by Orthoknow, 2012, around 2.9 million joint replacement procedures occur annually worldwide, including over 1.4 million hip procedures, 1.1 million knee procedures, and around 100,000 shoulder replacements. However, postoperative risks associated with bone replacement products and stringent approval of the highly specialized products by the regulatory agencies are the factors hampering growth of the bone replacement products market.
Key features of the study:
- This report provides in-depth analysis of bone replacement products market and provides market size (US$ Million) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2017 – 2025), considering 2017 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategy adopted by the leading players
- It profiles leading players in the global bone replacement products market based on the following parameters – company overview, financial performance, product portfolio, ax presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study include Zimmer Biomet Holdings, Inc, B. Braun Melsungen AG, Stryker Corporation, Smith & Nephew Plc, United Orthopedic Corporation, Depuy Synthes, Japan Medical Dynamic Marketing, Inc., JRI Orthopedics, Exactech, Inc., Mathys, and Medtronic Plc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future product launch, technology up-gradation, market expansion, and marketing tactics
- The global bone replacement products market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the bone replacement products market
Detailed Segmentation:
- Global Bone Replacement Products Market, By Product Type:
- Hip Replacement
- Femoral Components
- Acetabular Components
- Knee Replacement
- Partial Knee Replacement
- Total Knee Replacement
- Trauma and Extremities
- Upper Extremity
- Lower Extremity
- Spine Replacement
- Global Bone Replacement Products Market, By Material:
- Metals
- Ceramics
- Plastics
- Combination of Materials
- Global Bone Replacement Products Market, By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- Global Bone Replacement Products Market, By Geography:
- North America
- By Product Type:
- Hip Replacement
- Femoral Components
- Acetabular Components
- Knee Replacement
- Partial Knee Replacement
- Total Knee Replacement
- Trauma and Extremities
- Upper extremity
- Lower Extremity
- Spine Replacement
- By Material:
- Metals
- Ceramics
- Plastics
- Combination of Materials
- By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- By Country:
- Latin America
- By Product Type:
- Hip Replacement
- Femoral Components
- Acetabular Components
- Knee Replacement
- Partial Knee Replacement
- Total Knee Replacement
- Trauma and Extremities
- Upper extremity
- Lower Extremity
- Spine Replacement
- By Material:
- Metals
- Ceramics
- Plastics
- Combination of Materials
- By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- By Country:
- Brazil
- Mexico
- Rest of Latin America
- Europe
- By Product Type:
- Hip Replacement
- Femoral Components
- Acetabular Components
- Knee Replacement
- Partial Knee Replacement
- Total Knee Replacement
- Trauma and Extremities
- Upper extremity
- Lower Extremity
- Spine Replacement
- By Material:
- Metals
- Ceramics
- Plastics
- Combination of Materials
- By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
-
- By Country:
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- By Product Type:
- Hip Replacement
- Femoral Components
- Acetabular Components
- Knee Replacement
- Partial Knee Replacement
- Total Knee Replacement
- Trauma and Extremities
- Upper extremity
- Lower Extremity
- Spine Replacement
- By Material:
- Metals
- Ceramics
- Plastics
- Combination of Materials
- By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- By Country:
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- By Product Type:
- Hip Replacement
- Femoral Components
- Acetabular Components
- Knee Replacement
- Partial Knee Replacement
- Total Knee Replacement
- Trauma and Extremities
- Upper extremity
- Lower Extremity
- Spine Replacement
- By Material:
- Metals
- Ceramics
- Plastics
- Combination of Materials
- By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- By Country:
- GCC
- Israel
- Rest of Middle East
- Africa
- By Product Type:
- Hip Replacement
- Femoral Components
- Acetabular Components
- Knee Replacement
- Partial Knee Replacement
- Total Knee Replacement
- Trauma and Extremities
- Upper extremity
- Lower Extremity
- Spine Replacement
- By Material:
- Metals
- Ceramics
- Plastics
- Combination of Materials
- By End User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgical Centers
- By Country:
- South Africa
- Central Africa
- North Africa
- Company Profiles
- Zimmer Biomet Holdings, Inc.*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- B. Braun Melsungen AG
- Stryker Corporation
- Smith & Nephew Plc.
- United Orthopedic Corporation
- Depuy Synthes
- Japan Medical Dynamic Marketing, Inc.
- JRI Orthopedics
- Exactech, Inc.
“*” marked represents similar segmentation in other categories in the respective section.