3D Hip and Knee Implants Market Growth Analysis by Top Key Players 2019 Consumption Capacity by Volume and Production Value, Trends Analysis and Company Profiles till 2027

Research Nester released a report titled “Global 3D Hip and Knee Implants Market: Global Demand Analysis & Opportunity Outlook 2027” which delivers detailed overview of the global 3D hip and knee implants market in terms of market segmentation by implant, by material, by end users and by region.

Further, for the in-depth analysis, the report encompasses the industry growth drivers, restraints, supply and demand risk, market attractiveness, BPS analysis and Porter’s five force model.

The geriatric population is more prone to degenerative diseases such as osteoporosis resulting in increased demand for hip and knee implants. This treatment is usually preferred when all other treatments fail to offer adequate pain relief. Additionally, the growing cases of obesity is the primary cause of increasing pressure on knees and their degeneration over time amongst the geriatric population which is one of the major factors that are contributing to growth of the 3D hip and knee implant market. The 3D hip and knee implant market is anticipated to grow by noteworthy CAGR over the forecast period i.e. 2019-2027. The market is bifurcated by implant into total hip, revision hip and partial hip replacement implant, and hip resurfacing implant; by material into metal on metal, metal on polyethylene, ceramic on metal, ceramic on polyethylene and ceramic on ceramic; by end users into hospitals, orthopedics clinics and others.

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”

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Geographically, the 3D hip and knee implant market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region, out of which, the highest number of hip and knee implants procedures being performed, increasing prevalence of joint deformities and presence of large number of hip and knee implant manufacturers in countries such as the U.S. and Canada are significantly driving the growth of the market in North America region.

Asia Pacific has the fastest growing market as India and China are the most attractive countries for the growth of 3D hip and knee implant market on the back of rising geriatric population in the region.

Growing Geriatric Population and Technological Advancements

According to World Health Organization (W.H.O.), the proportion of global population over 60 years of age is expected to double from 12% to 22% between the years 2015 and 2050. On the back of increasing technological advancements and growing awareness pertaining to how these implants improve the flexibility and quality of life, millions of people between 45-55 years undergo either hip or knee implant surgeries on an annual basis. Moreover, with 3D printing technology, surgeons are able to rehearse the operation with the help of 3D models beforehand which allows them to make smaller incisions, reduce blood loss and assures an easier recovery. Such factors are anticipated to drive the growth of the market over the forecast period.

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However, low affordability due to high implant cost in various developing countries along with increasing adoption of alternative treatments are some of the restraining factors that are predicted to affect the growth of the market.

This report also provides the existing competitive scenario of some of the key players of the global 3D hip and knee implants market which includes company profiling of Zimmer Biomet, Stryker, Smith and Nephew, Aesculap, Exactech, Corin Orthopedics, Johnson and Johnson Services, DJO Global, Micro Port Scientific Corporation, and other Prominent Players

The profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global 3D hip and knee implants market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future.

“The Final Report will cover the impact analysis of COVID-19 on this industry (Global and Regional Market).”

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Research Nester is a one-stop service provider with a client base in more than 50 countries, leading in strategic market research and consulting with an unbiased and unparalleled approach towards helping global industrial players, conglomerates and executives for their future investment while avoiding forthcoming uncertainties. With an out-of-the-box mindset to produce statistical and analytical market research reports, we provide strategic consulting so that our clients can make wise business decisions with clarity while strategizing and planning for their forthcoming needs and succeed in achieving their future endeavors. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds.

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