Press release
Hip and Knee Replacement Market Size, Share, Development by 2024– Top Key players like Exactech,Mindray,B. Braun,Inc.
This report focuses on the key global Hip and Knee Replacement players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hip and Knee Replacement with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
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Hip and knee replacement surgeries are highly effective and becoming more common in use worldwide. Orthopedic reconstructive implants are used to replace joints that have deteriorated. Deterioration may come as a result of aging, disease, osteoarthritis, or injury.
The most common type of products of Hips and Knees replacement are total hip system; partial hip system; revision hip system; total knee system; partial knee system and revision knee system. In 2018, total hip system and partial knee system are the two products leading the market with 23.20% and 21.55%% market share rate respectively.
North America is the largest sales place, with a sales market share about 51.08% in 2018. Following by Europe, with 23.54% market share rate. Asia pacific is the fastest growing market with a 10.97% growth rate.
Market competition is intense. Zimmer Biomet; Johnson & Johnson; Stryker Corporation; Smith & Nephew are the leading companies of the hips and knees replacement industry, and they hold the key technology, with high-end customers; have been formed in the monopoly position in the industry with 77.76% market share in total. Following by some other companies with small market share including B. Braun; Wright Medical Group; Corin Group; Exactech, Inc.; DJO Global; Waldemar Link; Mindray.
The global Hip and Knee Replacement market is valued at 16590 million US$ in 2018 and will reach 21830 million US$ by the end of 2025, growing at a CAGR of 4.0% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Hip and Knee Replacement market based on company, product type, end user and key regions.
This report studies the global market size of Hip and Knee Replacement in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Hip and Knee Replacement in these regions.
Market Segment by Manufacturers, this report covers
Zimmer Biomet
Johnson & Johnson
Stryker Corporation
Smith & Nephew
B. Braun
Wright Medical Group
Corin Group
Exactech
DJO Global
Waldemar Link
Mindray
Market Segment by Type, covers
Total Hip Systems
Partial Hip Systems
Revision Hip Systems
Total Knee Systems
Partial Knee Systems
Revision Knee Systems
Market Segment by Applications, can be divided into
Hip Replacement
Knee Replacement
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Related Information:
North America Hip and Knee Replacement Market Growth 2019-2024
United States Hip and Knee Replacement Market Growth 2019-2024
Asia-Pacific Hip and Knee Replacement Market Growth 2019-2024
Europe Hip and Knee Replacement Market Growth 2019-2024
EMEA Hip and Knee Replacement Market Growth 2019-2024
Global Hip and Knee Replacement Market Growth 2019-2024
China Hip and Knee Replacement Market Growth 2019-2024
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