Large Joint Devices Market Analysis, Size, Trends | United States | 2018-2024 | MedSuite (Includes 3 Reports)
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.
- Year: 2018
- Scope: 2014-2024
- Region: United States
- Published Date: 5/2/2018
- Pages: 300
- Type: MedSuite
The total US market for orthopedic large joint devices is growing at a rate of 1.9%, which will take the 2017 market value of $7.5 billion up to $8.6 billion by 2024.
One of the main trends in the large joints orthopedic 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 custom implants more cost-effective in a long-term, the area of a particularly growing interest in the orthopedic industry is creating personalized instrumentation which allows to improve the positioning precision of the off-the-shelf implants. The personalized instrumentation market is expected to grow rapidly over the forecast period.
MAJOR SEGMENTS COVERED IN THE LARGE JOINT DEVICES MARKET REPORT SUITE
While this report suite contains all US orthopedic large joint devices data, each of the markets are also available as stand alone MedCore reports. This allows you to get access to only the market research that you need. You can view all these included reports and segmentation here:
- Procedure Numbers for Orthopedic Large Joint Devices – MedPro: Using a number of databases, internal and external, we’re able to provide you with the total volume of orthopedic large joint reconstruction procedures being performed for each of the markets mentioned in this suite of reports.
- Knee Replacement Devices Market – MedCore: This market report is segmented by Construction Type (Cruciate-Retaining, Cruciate-Sacrificing) and Bearing Type (Fixed, Mobile), as well as for Partial Knee Replacements, Knee Replacement Revisions, and Knee Cutting Blocks.
- Hip Replacement Devices Market – MedCore: Considers segmentation by Cementation (Cemented, Cementless, Hybrid Cemented) and Bearing Type (Metal/HCPE, Metal/Metal, Ceramic/Ceramic, Ceramic/HCPE), as well as for the Partial Hip Replacement, Hip Resurfacing, and Hip Replacement Revision markets.
- Bone Cement Market – MedCore: Includes markets for Traditional Bone Cement and Premixed Antibiotic Bone Cement.
- OTHER INFORMATION –Company Profiles and SWOT, Disease Overviews, & Related Press Releases from Top Competitors
Buying all of these reports together in this suite package will provide you with substantial discounts from the separate prices. Request Pricing to Learn More
MARKET DATA TYPES INCLUDED
- Unit Sales, Average Selling Prices, Market Value & Growth Trends
- Forecasts Until 2024, and Historical Data to 2014
- Market Drivers & Limiters for Each Segment
- Competitive Analysis with Market Shares for Each Segment
- Recent Mergers & Acquisitions
- Procedure Volumes
- Disease Overviews and Demographic Information
- Company Profiles for Top Competitors
- Related Press Releases from Top Competitors
LARGE JOINT DEVICES MARKET SHARE INSIGHTS
In 2017, Zimmer Biomet led the overall U.S. large joint device market. Following their merger in 2015, the combined entity of the former Zimmer Holdings and Biomet Inc. held the lead in both hip and knee replacement devices, while trailing behind Stryker in bone cement. The merger caused both entities to sell off assets to comply with antitrust regulations. Although Zimmer Biomet remained the market leader in the large joint device market, its sales in both the knee and hip replacement segments declined slightly in 2017, as a result of supply issues related to production delays from the company’s Warsaw North Campus facility.
Stryker enhanced their market share from 2016 and became the second-leading competitor in the overall U.S. large joint device market in 2017. Stryker’s growth was largely due to the strengthening of their market position in the knee replacement device market, where they ranked second in 2017.
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