The major orthopedic joint replacement implants market includes implants used in knee and hip replacement surgical procedures. The hip and knee orthopedic surgical implants market, and the hip and knee reconstruction market are also covered in this report. Replacements of hip and knee joints are carried out in patients suffering from chronic pain and improper functioning of hip and knee joints. These replacement surgeries relieve the pain and restore joint mobility.
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Knee Replacement Implant was the largest segment in the major orthopedic joint replacement implants market, accounting for more than 50% of the market in 2017. This segment was worth nearly $8900 million. Osteoarthritis (OA) is the major cause of knee and hip replacement, and the progression of OA of the knee is more rapid than that of the hip. Hence higher volumes of knee replacement procedures are performed in developed and developing countries.
Hip Replacement Implant was the second largest segment in the major orthopedic joint replacement implants market, accounting for around 46% of the market in 2017. This segment was worth about $7000 million.
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The report by TBRC includes orthopedic trends and orthopedic device companies. The top orthopedic device companies included in the report are Depuy Synthes, Zimmer and Biomet, Stryker, Smith & Nephew, and Aesculap.
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