The global orthopedic implants market size is expected to reach around US$ 68.2 Bn by 2026 and growing at a CAGR of around 4.7% over the forecast period 2019 to 2026.
Orthopedic implants is manufactured or produced from biological sources such as nucleic acid, living orgasms, and protein and combination of these substances. The orthopedic implants are placed inside the body through surgery and functions as a bone structure by replacing or reinforcing a damaged structure. Orthopedic Implants is very important to for introducing or launching new products. Based on product type, different types of orthopedic implants such as a reconstructive joint replacement, spinal implants, dental implants, orthobiologics, trauma & craniomaxillofacial are used.
Market Dynamics
The growth of the orthopedic implants market is primarily driven by growing number of bone replacement surgeries,stringent government regulations regarding biologics, increase in chronic diseases across the globe, rising number of geriatric population and technological advancements in orthopedic implants. Furthermore, increase in a number of research and development in new bone joints and pharmaceutical devices key players and expanding base of various dieses patients worldwide, is estimated to boost the market growth. According to National Center for Biotechnology Information (NCBI) the number of products launched increased from 29 in 2003 to 56 in 2013. According to world Health Organization (WHO) and The International Agency for Research on Cancer (ICRA), around 19.3 million new bone implants cases will be diagnosed per year, by 2025. Moreover, changing lifestyles of consumers across developed countries, growing number of hospitals and clinic centers, growing pharmaceutical and medical industry, growing number of implant applications; technological advancement and increase in the number of applications are expected to create opportunities for the manufacturers in the global market over the forecast period. However, high cost of research and development, stringent government regulations towards product approval, and risks associated for skilled professionals are expected to hamper the growth of the global orthopedic implants market in the coming years.
By product type, reconstructive joint replacements segment dominated the orthopedic implants market
The reconstructive joint replacements segment accounted for approximately 34% of the share in the global orthopedic implants market in 2018. Increase in demand for replacement surgery, increase in prevalence of osteoporosis and osteoarthritis and growing number of development in orthopedics and regular sales of reconstructive joint replacements as compared to other product type is further expected to raise segment over the forecast period.
By end user, hospital segment dominated the orthopedic implants market
The hospital segment accounted for approximately 32% of the share in the global orthopedic implants market in 2018. Growing demand for orthopedic implants for various applications and cataract procedures and growing investment for new implant development and initiatives for immunization is further expected to raise segment over the forecast period. Owing to increase in number of hospitals, growing number of new treatment launches and supportive government initiatives for orthopedic implants in hospitals further grows the demand for orthopedic implants in hospital during the forecast period.
By biomaterial, metallic segment dominated the orthopedic implants market
The metallic segment accounted for approximately 27% of the share in the global orthopedic implants market in 2018. Growing use of metals in manufacturing bolts, screw, devices, and plates, and rising demand for sturdy structure of implants is further expected to raise segment over the forecast period.
The market research study on “Orthopedic Implants market– Global Industry Analysis, Market Size, Opportunities and Forecast, 2019 – 2026”, offers a detailed insight into the global orthopedic implants market entailing insights on its different market segments. Market dynamics with drivers, restraints, and opportunities with their impact are provided in the report. The report provides insights into the global orthopedic implants market, its product type, biomaterial, end user, and major geographic regions. The report covers basic development policies and layouts of technology development processes. Secondly, the report covers global Orthopedic Implants market size and volume, and segment markets by product type, biomaterial, end user, and geography along with the information on companies operating in the market. The orthopedic implants market analysis is provided for major regional markets including North America, Europe, Asia Pacific, Latin America and Middle East and Africa. For each region, the market size and volume for different segments have been covered under the scope of the report.
In 2018, North America dominated the regional market with a maximum market share
North America accounted for the high market share of the orthopedic implants market and the region is also expected to maintain its dominance over the forecast period. The region is experiencing the maximum growth owing to the rapid consumption of orthopedic implants in various applications, presence of orthopedic implants companies, favorable reimbursement policies, and increased adoption in cancer research. High research and development in medical device and pharmaceutical, development and launching of new implant and devices, and developed healthcare infrastructure in the North America region are one of the key factors driving the consumption of orthopedic implants in this region. Moreover, highly skilled surgeons, growing number of laboratory and research centers in key countries such as US and Canada are also propelling the growth of orthopedic implants in the North America region. Europe is followed by the North America region in the Orthopedic Implants market.
Asia-Pacific is expected to hold the highest CAGR in the global market during the forecast period. The growing pharmaceutical and medical device industry, increase in innovation and development in orthopedic implants, and growing outsourcing industry, are expected to enhance the market growth in the global orthopedic implants market during the forecast.
The players profiled in the report include Nuvasive, Inc., Medtronic, PLC, DepuySynthes, Stryker Corporation, and Globus Medical, Inc., Alphatec Holdings, Inc., K2M Group Holdings, Inc., RTI Surgical, Inc., Johnson & Johnson, Wright Medical Group N.V, Smith & Nephew plc, and Zimmer Biomet Holdings, Inc., among others. The companies are involved in mergers and acquisitions and new product development for expanding their market share and also for gaining competitive advantages over its competitors.
Market Segmentation
Market By Product Type
- Reconstructive Joint Replacements
- Spinal Implants
- Dental Implants
- Orthobiologics
- Trauma & Craniomaxillofacial
Market By Biomaterial
- Metallic
- Ceramic
- Polymeric
- Others
Market By End User
- Hospital
- Orthopedic Clinics
- Home Cares
Market By Geography
North America
Europe
- U.K.
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Orthopedic Implants
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Orthopedic Implants Market By Product Type
1.2.2.1. Global Orthopedic Implants Market Revenue and Growth Rate Comparison By Product Type (2015-2026)
1.2.2.2. Global Orthopedic Implants Market Revenue Share By Product Type in 2018
1.2.2.3. Reconstructive Joint Replacements
1.2.2.4. Spinal Implants
1.2.2.5. Dental Implants
1.2.2.6. Orthobiologics
1.2.2.7. Trauma & Craniomaxillofacial
1.2.3. Orthopedic Implants Market By End User
1.2.3.1. Global Orthopedic Implants Market Revenue and Growth Rate Comparison By End User (2015-2026)
1.2.3.2. Global Orthopedic Implants Market Revenue Share By End User in 2018
1.2.3.3. Hospital
1.2.3.4. Orthopedic Clinics
1.2.3.5. Home Cares
1.2.4. Orthopedic Implants Market By Biomaterial
1.2.4.1. Global Orthopedic Implants Market Revenue and Growth Rate Comparison By Biomaterial (2015-2026)
1.2.4.2. Global Orthopedic Implants Market Revenue Share By Biomaterial in 2018
1.2.4.3. Metallic
1.2.4.4. Ceramic
1.2.4.5. Polymeric
1.2.4.6. Others
1.2.5. Orthopedic Implants Market by Geography
1.2.5.1. Global Orthopedic Implants Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America Orthopedic Implants Market Revenue and Growth Rate (2015-2026)
1.2.5.3. Europe Orthopedic Implants Market Revenue and Growth Rate (2015-2026)
1.2.5.4. Asia-Pacific Orthopedic Implants Market Revenue and Growth Rate (2015-2026)
1.2.5.5. Latin America Orthopedic Implants Market Revenue and Growth Rate (2015-2026)
1.2.5.6. Middle East and Africa (MEA) Orthopedic Implants Market Revenue and Growth Rate (2015-2026)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2018
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Orthopedic Implants Major Manufacturers in 2018
3.2. Manufacturing Plants Distribution of Global Orthopedic Implants Major Manufacturers in 2018
3.3. R&D Status and Technology Source of Global Orthopedic Implants Major Manufacturers in 2018
3.4. Raw Materials Sources Analysis of Global Orthopedic Implants Major Manufacturers in 2018
CHAPTER 4. ORTHOPEDIC IMPLANTS MARKET BY PRODUCT TYPE
4.1. Global Orthopedic Implants Revenue By Product Type
4.2. Reconstructive Joint Replacements
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Spinal Implants
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Dental Implants
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Orthobiologics
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.6. Trauma & Craniomaxillofacial
4.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 5. ORTHOPEDIC IMPLANTS MARKET BY END USER
5.1. Global Orthopedic Implants Revenue By End User
5.2. Hospital
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Orthopedic Clinics
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Home Cares
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 6. ORTHOPEDIC IMPLANTS MARKET BY BIOMATERIAL
6.1. Global Orthopedic Implants Revenue By Biomaterial
6.2. Metallic
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Ceramic
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Polymeric
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Others
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
CHAPTER 7. NORTH AMERICA ORTHOPEDIC IMPLANTS MARKET BY COUNTRY
7.1. North America Orthopedic Implants Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Orthopedic Implants Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Orthopedic Implants Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
CHAPTER 8. EUROPE ORTHOPEDIC IMPLANTS MARKET BY COUNTRY
8.1. Europe Orthopedic Implants Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Orthopedic Implants Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
CHAPTER 9. ASIA-PACIFIC ORTHOPEDIC IMPLANTS MARKET BY COUNTRY
9.1. Asia-Pacific Orthopedic Implants Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Orthopedic Implants Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
CHAPTER 10. LATIN AMERICA ORTHOPEDIC IMPLANTS MARKET BY COUNTRY
10.1. Latin America Orthopedic Implants Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Orthopedic Implants Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
10.4. Mexico
10.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
CHAPTER 11. MIDDLE EAST & AFRICA ORTHOPEDIC IMPLANTS MARKET BY COUNTRY
11.1. Middle East & Africa Orthopedic Implants Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East & Africa Orthopedic Implants Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. GCC
11.3.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
11.4. South Africa
11.4.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
11.5. Rest of Middle East & Africa
11.5.1. Market Revenue and Forecast By Product Type, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By End User, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Biomaterial, 2015 - 2026 ($Million)
CHAPTER 12. COMPANY PROFILE
12.1. Nuvasive, Inc.
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Medtronic, PLC
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Depuy Synthes
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. Stryker Corporation
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. Globus Medical
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Alphatec Holdings, Inc.
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. K2M Group Holdings, Inc.
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. RTI Surgical, Inc.
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. Johnson & Johnson
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Wright Medical Group N.V
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. Smith & Nephew plc
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
12.12. Zimmer Biomet Holdings, Inc
12.12.1. Company Snapshot
12.12.2. Overview
12.12.3. Financial Overview
12.12.4. Product Portfolio
12.12.5. Key Developments
12.12.6. Strategies
12.13. Others
12.13.1. Company Snapshot
12.13.2. Overview
12.13.3. Financial Overview
12.13.4. Product Portfolio
12.13.5. Key Developments
12.13.6. Strategies
CHAPTER 13. RESEARCH APPROACH
13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope
