Endoprosthesis Trends and Forecast
The future of the global endoprosthesis market looks promising with opportunities in the knee, hip, shoulder, elbow, finger/hand and ankle/foot markets. The global endoprosthesis market is expected to reach an estimated $48 billion by 2030 with a CAGR of 11.0% from 2024 to 2030. The major drivers for this market are increasing prevalence of chronic illnesses such as cancer, cardiovascular disease, and arthritis, increasing number of elderly people and the development of endoprosthesis technology, and growth in healthcare spending by both government and private entities.Endoprosthesis by Segment
The study includes a forecast for the global endoprosthesis by product, knee, hip, shoulder, and region.Endoprosthesis Market by Product [Shipment Analysis by Value from 2018 to 2030]
- Knee
- Hip
- Shoulder
- Elbow
- Finger/Hand
- Ankle/Foot
Endoprosthesis Market by Knee [Shipment Analysis by Value from 2018 to 2030]
- Primary
- Partial
- Revision Knee Replacement
- Tumor
- Custom Made
Endoprosthesis Market by Hip [Shipment Analysis by Value from 2018 to 2030]
- Primary
- Partial
- Revision Hip Replacement
- Tumor
- Custom Made
Endoprosthesis Market by Shoulder [Shipment Analysis by Value from 2018 to 2030]
- Primary
- Revision Shoulder Replacement
- Tumor
- Custom Made
Endoprosthesis Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Endoprosthesis Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies endoprosthesis companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the endoprosthesis companies profiled in this report include-- Johnson & Johnson Services
- Zimmer Biomet Holdings
- Stryker
- Smith & Nephew
- Corin
- Medacta International
- Exactech
- MicroPort Orthopedics
- Baumer
- B. Braun Melsungen
Endoprosthesis Market Insights
The publisher forecasts that revision hip replacement is expected to witness the highest growth over the forecast period due to heightened patient awareness about orthopedic prosthesis for injuries.Within this market, knee will remain the largest segment due to swiftly aging population and the concerning obesity prevalence.
North America will remain the largest region over the forecast period due to increasing elderly population at higher risk of various joint diseases.
Features of the Global Endoprosthesis Market
- Market Size Estimates: Endoprosthesis market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Endoprosthesis market size by various segments, such as by product, knee, hip, shoulder, and region in terms of value ($B).
- Regional Analysis: Endoprosthesis market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different product, knee, hip, shoulder, and regions for the endoprosthesis market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the endoprosthesis market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the endoprosthesis market size?Answer: The global endoprosthesis market is expected to reach an estimated $48 billion by 2030.
Q2. What is the growth forecast for endoprosthesis market?
Answer: The global endoprosthesis market is expected to grow with a CAGR of 11.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the endoprosthesis market?
Answer: The major drivers for this market are increasing prevalence of chronic illnesses such as cancer, cardiovascular disease, and arthritis, increasing number of elderly people and the development of endoprosthesis technology, and growth in healthcare spending by both government and private entities.
Q4. What are the major segments for endoprosthesis market?
Answer: The future of the endoprosthesis market looks promising with opportunities in the knee, hip, shoulder, elbow, finger/hand and ankle/foot markets.
Q5. Who are the key endoprosthesis market companies?
Answer: Some of the key endoprosthesis companies are as follows:
- Johnson & Johnson Services
- Zimmer Biomet Holdings
- Stryker
- Smith & Nephew
- Corin
- Medacta International
- Exactech
- MicroPort Orthopedics
- Baumer
- B. Braun Melsungen
Answer: The publisher forecasts that revision hip replacement is expected to witness the highest growth over the forecast period due to heightened patient awareness about orthopedic prosthesis for injuries.
Q7. In endoprosthesis market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to increasing elderly population at higher risk of various joint diseases.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the endoprosthesis market by product (knee, hip, shoulder, elbow, finger/hand, and ankle/foot), knee (primary, partial, revision knee replacement, tumor, and custom made), hip (primary, partial, revision hip replacement, tumor, and custom made), shoulder (primary, revision shoulder replacement, tumor, and custom made), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Endoprosthesis Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned
- Johnson & Johnson Services
- Zimmer Biomet Holdings
- Stryker
- Smith & Nephew
- Corin
- Medacta International
- Exactech
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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