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Lower Extremity Implants Market Growth, Trends & Demand Analysis | Industry Insights 2025-2034- Stryker Corporation, Smith & Nephew plc, Exactech, Inc.

12-23-2024 09:50 AM CET | Health & Medicine

Press release from: Polaris Market Research & Consulting

Lower Extremity Implants Market

Lower Extremity Implants Market

The lower extremity implants market size was valued at USD 13.59 billion in 2024. It is projected to grow to USD 18.43 billion by 2034, exhibiting a compound annual growth rate (CAGR) of 2.8% from 2025 to 2034.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ž๐Ÿ๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
Implants for the lower extremities are medical devices intended to replace or support the bones and joints in the lower limbs, such as the hip, knee, ankle, and foot. They are utilized in procedures like hip or knee replacements, joint reconstructions, and fracture treatments. Made of substances such as metal, plastic, and ceramic, they enhance function, alleviate pain, and boost mobility in individuals with issues like arthritis, fractures, or deformities in the lower limbs.

๐†๐ž๐ญ ๐„๐ฑ๐œ๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐จ๐Ÿ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/lower-extremity-implants-market/request-for-sample

๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ:
โ€ข The market is transitioning towards incorporating biocompatible and long-lasting materials in implant production. Conventional materials like stainless steel and titanium are progressively being replaced or enhanced by advanced biomaterials, including PEEK and biodegradable polymers.
โ€ข The 3D printing technology enables the creation of personalized implants designed for a patient's unique anatomy, enhancing surgical results and patient contentment. The technology facilitates quicker prototyping and creates intricate designs that were once unachievable with conventional manufacturing techniques. The integration of 3D printing technology is driving the market forward.

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ:
In this extremely competitive environment, major rivals constantly innovate and differentiate their products in an effort to take the lead in the market.

Here is the list of the leading companies operating in the lower extremity implants market:
โ€ข Zimmer Biomet Holdings, Inc.
โ€ข Stryker Corporation
โ€ข DePuy Synthes (a Johnson & Johnson company)
โ€ข Smith & Nephew plc
โ€ข Wright Medical Group N.V.
โ€ข Exactech, Inc.
โ€ข Medacta International SA
โ€ข Orthofix Medical Inc.
โ€ข Conformis, Inc.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐Ÿ๐จ๐ซ ๐š ๐ƒ๐ข๐ฌ๐œ๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/lower-extremity-implants-market/request-for-discount-pricing

๐†๐ž๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ๐š๐ฅ ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:
โ€ข North America
โ€ข Europe
โ€ข Asia Pacific
โ€ข Latin America
โ€ข Middle East & Africa

๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:
The lower extremity implants market is mainly segmented based on type, biomaterial, end use, and region.
Based on type analysis, in 2024, the knee segment had a larger share of the market, influenced by the widespread occurrence of knee-related issues like osteoarthritis and the rising volume of knee replacement surgeries worldwide.
Furthermore, according to the end use analysis, the hospital segment had the largest market share, mainly because of the large number of intricate surgical operations conducted in these environments.

๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐ฆ๐จ๐ซ๐ž ๐š๐›๐จ๐ฎ๐ญ ๐ญ๐ก๐ข๐ฌ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž:
https://www.polarismarketresearch.com/industry-analysis/lower-extremity-implants-market/inquire-before-buying

๐‹๐จ๐ฐ๐ž๐ซ ๐„๐ฑ๐ญ๐ซ๐ž๐ฆ๐ข๐ญ๐ฒ ๐ˆ๐ฆ๐ฉ๐ฅ๐š๐ง๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‡๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โ€ข Based on type, the knee segment is accounted for the largest market share in 2024, due to the high prevalence of knee osteoarthritis and the increasing number of knee replacement surgeries. However, the hip segment is witnessing significant growth driven by advancements in surgical techniques and an increasing aging population prone to hip fractures.
โ€ข In terms of end-use, the hospitals segment holds the largest market share, benefiting from comprehensive surgical facilities and the ability to handle complex cases. Ambulatory Surgery Centers (ASCs) are the fastest-growing segment, driven by the rising preference for outpatient procedures due to cost-effectiveness and quicker recovery times.
โ€ข North America dominates the lower extremity implants market, driven by high healthcare expenditure, advanced medical infrastructure, and a large patient pool.
โ€ข Asia Pacific is the fastest-growing region, spurred by a rapidly aging population, increasing healthcare investments, and rising awareness of advanced treatment options.
โ€ข A few key players in the lower extremity implants market include companies such as Zimmer Biomet Holdings, Inc.; Stryker Corporation; DePuy Synthes (a Johnson & Johnson company); Smith & Nephew plc; and Wright Medical Group N.V. Other notable players are Exactech, Inc.; Medacta International SA; Orthofix Medical Inc.; Conformis, Inc.; and Globus Medical, Inc.

๐‘๐ž๐ฅ๐š๐ญ๐ž๐ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ:
๐•๐ž๐ญ๐ž๐ซ๐ข๐ง๐š๐ซ๐ฒ ๐€๐ง๐ญ๐ข๐›๐ข๐จ๐ญ๐ข๐œ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/veterinary-antibiotics-market

๐‹๐š๐ง๐œ๐ž๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/lancets-market

๐๐ง๐ž๐ฎ๐ฆ๐š๐ญ๐ข๐œ ๐๐ž๐›๐ฎ๐ฅ๐ข๐ณ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/pneumatic-nebulizers-market

๐•๐ž๐ญ๐ž๐ซ๐ข๐ง๐š๐ซ๐ฒ ๐’๐ญ๐ž๐ซ๐ข๐ฅ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง ๐‚๐จ๐ง๐ญ๐š๐ข๐ง๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/veterinary-sterilization-container-market

๐†๐š๐ฌ๐ญ๐ซ๐จ๐ข๐ง๐ญ๐ž๐ฌ๐ญ๐ข๐ง๐š๐ฅ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ:
https://www.polarismarketresearch.com/industry-analysis/gastrointestinal-products-market

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About Polaris Market Research & Consulting, Inc:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.

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