Artificial Joints Market In-depth Analysis, Trends, Forecast 2027

The artificial joints market is expected to reach US$ 28,614.88 million by 2027 from US$ 18,356.80 million in 2019; it is estimated to grow at a CAGR of 5.8% from 2020 to 2027.

Artificial joint or prosthetic joint is made up of metal, plastic or ceramic. These artificial joints are used in replacement arthroplasty or joint replacement surgeries to replace the damaged or diseased natural joint.Materials used to make an artificial joint depends on type of the joint. For instance, hip replacement joints contain hard metal with durable, extremely smooth plastics.The global artificial joints market is driven by factors such as increasing prevalence of obesity, and rising prevalence of bone and joint conditions. However, high cost of joint repair therapies is likely to hinder the growth of the market.However, growing number of product approvals and developmentsare creating growth opportunities for the market players.

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The List of Companies – Artificial Joints Market

  1. Smith & Nephew
  2. Zimmer Biomet
  3. Stryker Corporation
  4. Medtronic
  5. Johnson and Johnson Services, Inc.
  6. Exactech, Inc.
  7. JRI Orthopaedics Limited
  8. SAMO SpA
  9. Colfax Corporation
  10. B. Braun Melsungen AG.

Artificial Joints Market – byType

  • Cemented Joints
  • Non-Cemented Joints


Artificial Joints Market – by Material

  • Ceramics
  • Alloys
  • Oxinium
  • Others


Artificial Joints Market – by Application

  • Artificial Joints of Knee
  • Artificial Joints of Hip
  • Artificial Joints of Shoulder
  • Others


Artificial Joints Market – by EndUser

  • Hospital
  • Ambulatory Care Centers
  • Others

 

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Material -Based Insights

The artificial joints market, by material, is segmented into ceramics, alloys, oxinium, and others. The ceramic segment held the largest share of the market in 2019. However, alloys segment is anticipated to register the highest CAGR in the market during the forecast period.

 

Application-Based Insights

The Artificial Joints market, by application, is segmented into artificial joints of knee, artificial joints of hip, artificial joints of shoulder, others. The artificial joints of knee segment held the largest share of the market in 2019 and is anticipated to register the highest CAGR in the market during the forecast period.

 

End User-Based Insights

The Artificial Joints market, by end user, is segmented into artificial joints of hospitals, ambulatory care centers, and other end users. The hospital segment held the largest share of the market in 2019 and is anticipated to register the highest CAGR of in the market during the forecast period.

 

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