The total global knee replacement market is growing at a rate of 4.2%, which will take the 2021 market value of $9.8 billion up to $13 billion by 2028. One of the main trends of the market is the fast growth in the revision segment. As the patient age range for knee and hip replacement has

iData’s full report suite on the global market for orthopedic large joint devices includes knee replacement devices, hip replacement devices and associated accessories, such as bone cement. The top competitors within the global large joints market are Zimmer Biomet, Stryker, and DePuy Synthes.

The overall Australian large joint devices market was valued at $639.8 million in 2017. This is expected to increase over the forecast period, at a CAGR of 1.8%, to reach $726.3 million by 2024. The Australian large joints replacement market is at the mature stage and is characterized by high level of commoditization. As the

The full report suite on the South Korean market for orthopedic large joint devices includes knee replacement devices, hip replacement devices and associated accessories, such as bone cement.

The full report suite on the Indian market for orthopedic large joint devices includes knee replacement devices, hip replacement devices and associated accessories, such as bone cement.

The full report suite on the Chinese market for orthopedic large joint devices includes knee replacement devices, hip replacement devices and associated accessories, such as bone cement.

The full report suite on the European market for orthopedic large joint devices includes knee replacement devices, hip replacement devices and associated accessories, such as bone cement.

The full report suite on the Japanese market for orthopedic large joint devices includes knee replacement devices, hip replacement devices and associated accessories, such as bone cement.

The total global hip replacement market is growing at a rate of 5.3%, which will take the 2021 market value of $8.7 billion up to $12.5 billion by 2028. One of the key trends within the market is the shift toward using cementless implants, and the cemented total hip replacement procedures are losing market share.

The full report suite on the U.S. market for orthopedic large joint devices includes knee reconstruction devices, hip reconstruction devices and associated accessories such as knee cutting blocks and bone cement. The report also includes a market overview for the new emerging technologies such as robotic-assisted surgery and intelligent instrumentation.

The full report suite on the U.S. market for orthopedic large joint devices includes knee replacement devices, hip replacement devices and associated accessories, such as knee cutting blocks and bone cement.

Microscopically, the structure of hardened bone cement is similar to honeycomb, which gives it the ability to absorb loads under compression. Therefore, although it appears strong and hard, bone cement plays a role in dampening shock that is transmitted from the implant through to the bone. Typically, one package of bone cement contains 40 grams of bone cement material; this report considers one unit to be a 40 gram package of bone cement.

Healthy joints are vital to an active lifestyle; however, aging, obesity and overuse tend to increase joint deterioration. Two major factors determining the health of joints are the integrity of the bones making up the joint and the quality of joint articulation. A significant deficiency in either aspect can lead to the decision to replace the joint. Bone is primarily made up of the mineral calcium, and although bone is hard and strong, it is also considered a living tissue of the body. This means that bone is not static but is constantly being replenished and drawn upon by the body as a part of natural human physiology. For instance, calcium is drawn upon by the body for many cellular processes that are essential to life.

Japan has a population of roughly 127 million and a GDP of $4.7 trillion and has a very large and growing elderly population. This characteristic is the main driver of procedures and thus market growth in the country. Due to the large elderly population, the government closely regulates reimbursement rates and thus affects the average pricing of medical devices. This typically results in decreasing product prices.

Reconstructive implants are grouped into four broad categories: primary (total) replacement, partial replacement, resurfacing and revision.
Total joint replacement (TJR) involves replacing both sides of the natural joint. These devices are the most frequently used reconstructive procedures in the United States.
Partial joint replacements restore one side or a portion of the joint. These procedures have the advantage of preserving more bone and soft tissue but have historically been prone to a higher complication rate than total joint replacements. Partial replacement, also known as hemiarthroplasty, provides an alternative to joint fixation, or arthrodesis, in some instances of skeletal trauma.
Joint resurfacing attempts to preserve as much of the original bone stock as possible by placing a cap over the diseased joint surfaces. The cap is anchored by a short stem within the bone. These procedures are performed more frequently in younger patients, as the preservation of bone stock allows for better outcomes when the implant is eventually replaced later in life.
Revision implants are not a specific product type but refer to the replacement of implanted devices that have either reached the end of their useable lifespan or have become loosened through trauma or pathology. This may entail either the replacement of part of the implant or the entire implant. In general, revision implants require longer stems to anchor in the bone. Conservative estimates indicate that 15 years is an appropriate lifespan to expect from an implant regardless of its construction or method of fixation; however, newer devices are likely to exceed that time frame.
If anything, the trend towards younger patients has meant that the market has been even more mindful of preparing for the eventuality of revision because of the increased average lifespan for these surgical candidates.
Implants are subject to their own wear issues. Regardless of the type of construction, there are some basic safety concerns. Like the cartilage that it replaces, the articulating material is subject to wear. The concern remains with debris generation. While the material itself is inert, the body’s immune response to stray fragments creates the potential for osteolysis, the destruction of bone. There are similar concerns with devices using hard-on-hard articulating surfaces, as early ceramic materials were prone to chipping.

The orthopedic large joint reconstruction device market includes hip reconstruction devices, knee reconstruction devices and bone cements used to help adhere the implants to bone. Large joint arthroplasty experienced a continued increase in demand in 2012, attributed to the aging Brazilian population and an increased number of patients able to afford these procedures. Procedure growth will rise over the forecast period as older patients are no longer able to postpone elective joint replacement. Hip reconstruction market growth will continue to outpace knee reconstruction market growth throughout the forecast period. Both the knee and hip markets experienced a steep increase in growth in 2012, as more orthopedic products continued to be introduced into Brazil. Unit volumes will continue to grow steadily over the forecast period due to the growing demand for arthroplasty.