Industry Trends One of the main trends in the large joints devices market is a shift towards personalized orthopedic solutions that maximally adjust to the specific anatomical and clinical needs of each individual patient. While it is believed by some that application of an emerging 3D printing technology may potentially make manufacturing of the actual
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 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.
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.