Technological Advancements to Influence Hips And Knees-Reconstructive Market Growth( 2017-2027)
Total hip replacement surgery is done when hip cartilage is deteriorated beyond repair, and it involves surgical removal of the neck of the femur. In hip resurfacing only joint’s articular surface are replaced. Nowadays hip resurfacing has been emerged as an attractive option among youngsters, with arthritis of the hip. The most common problem after hip replacement is hip dislocation and later complication includes an inflammatory reaction that causes an implant to loosen, to treat inflammatory complication anti-inflammatory medications are prescribed or recommend revision surgery is performed.
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When the knee is injured beyond repair, the goal of the treatment is to return the patient to its normal daily activity either by knee reconstruction or knee replacement. Treatment option available for the knee are conservative treatment and surgical treatment. Those patients, who are involved in any activity demanding stable knee, surgical reconstruction is recommended. In knee reconstruction, a graft is placed inside the knee by arthroscopic surgery. Knee reconstruction has greater than 90% success rate with gradual deterioration over time. Proper monitoring of implant is done, and according to the result, advice is given to return to the physical activity. Most commonly knee pain is caused by arthritis. It is estimated that every year about two million patients receives total, partial knee replacement. These days due to new technological advancement, risks related to the infection have reduced significantly. Pipeline and clinical research are on the way with new materials; that causes fewer complications and last longer. In U.K hip replacements are performed since the 1960s and Knee, and Ankle replacements are performed since 1970s. According to National Joint Registry about 160,000 total hip and knee replacement surgery are performed each year in England and Wales.
The global market for hips and knees-reconstructive market is segmented on basis of product type,fixation type, material type, end user and geography:
Segment by Product Type
Total Hip Reconstruction Implants
Partial Hip Reconstruction Implants
Total Knee Reconstruction Implants
Partial Knee Reconstruction Implants
Segment by Fixation Type
Segment by Material Type
Segment by End User
Ambulatory Surgical Centers
Based on the Product type, the global hips and knees-reconstructive market is segmented into total hip reconstruction implants, partial hip reconstruction implants, total knee reconstruction implants, partial knee reconstruction implants and revision implants. Based on the fixation type, the global hips and knees-reconstructive market is segmented into cemented, cement less and hybrid. Based on the material type, the global hips and knees-reconstructive market is segmented into metal-on-polyethylene, metal-on-metal, ceramic-on-polyethylene and ceramic-on-ceramic. Based on the end user the market is segmented in to hospitals, orthopedic clinics and ambulatory surgical centers.Increasing prevalence of hip related disorders such as hip osteoarthritis, rheumatoid arthritis, avascular necrosis or aseptic necrosis, hip dysplasia, and other forms hip bone disorder fuels the demand for hip replacement surgeries across the globe. Minimally invasive surgeries are becoming increasingly popular in order to facilitate rehabilitation and fast-track surgery in younger patients.
By regional presence, the global hips and knees-reconstructive market segmented into five broad regions viz. North America, Latin America, Europe, Asia-Pacific, and the Middle East & Africa. North America is leading the hips and knees-reconstructive market, as growth in the U.S. hip replacement market is aided by rise in number of arthritis, hip injuries, trauma and minimally invasive surgical procedures. Asia Pacific market is anticipated to grow at the fastest growth rate during the forecast period, owing to factors such increasing life expectancy and growing aging population.
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Key Market Players
Some of the major players in Hips and Knees-Reconstructive market are Smith & Nephew, Braun Melsungen AG, Autocam Medical, Medtronic, Stryker, Zimmer Biomet, RTI Surgical, Exactech, Inc., Response Ortho and others.
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