Global Knee & Hip Market: Industry Analysis & Outlook (2017-2021) - Koncept Analytics

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Industry Research by Koncept Analytics
Global Knee Hip Market Industry Analysis
Outlook-----------------------------------------
(2017-2021)
May 2017
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Executive Summary
Knee and hip are complex joints in the body. The
knee joins the thigh bone (femur) to the shin
bone (tibia), whereas the hip joint is a
ball-socket synovial joint formed between the os
coxa (hip bone) and the femur. To treat knee and
hip disorders, implants and surgeries are
performed so as to keep the chronic pain at bay
and help permit a good level of activity. Hip
joint supports the motion of the human body and
is responsible for supporting the body weight.
The need for hip replacement arises due to
problems like arthritis, ankylosing spondylitis,
development dysplasia or a fracture possibly.
Whereas, the need for knee replacement arises due
to disorders like tendinitis, gout, dislocation
or meniscus tear. The global knee hip market
is mature and is experiencing rapid innovations,
especially in the knee segment. Knee hip market
of the US is the largest market globally because
of its strong dynamics and a great scope of
innovation in the region. The growth factors of
the global market include rise in elderly
population, simplification of minimal-invasive
surgery, growth in the emerging economies, and
rise in ageing demographics. The market is
trending with innovation of new technologies and
therapies, growth of knee hip care centers, and
use of robotics in replacement surgeries. The
report offers an in-depth analysis of the global
knee hip market. It also covers the regional
aspect of the market in detail. The top notch
players in the market exhibit a very close
competition. The report profiles Johnson
Johnson, Stryker Corporation and Zimmer Biomet
Holdings Inc., and Smith Nephew.
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Growth of the global knee hip market is driven
by rise in ageing demographics and escalating
obese population.
Global Orthopedics Market by Segment (2016)

• The largest market share in the orthopedics
  market terms of value was recorded by Knee Hip
  segment, accounting for .. share followed by
  spine with .. share in year 2016..
• The global knee and hip market value is
  forecasted to reach US.. billion by 2021,
  increasing from US.. billion in 2016. The market
  is anticipated to grow at a CAGR of .. for the
  period spanning 2016-2021.
• Knee accounted for larger percentage share in
  terms of value in 2016, i.e. .., followed by hip
  with remaining .. share in the same year.

Global Knee Hip Market by Segment (2016)
Global Knee Hip Market Forecast by Value
(2016-2021)
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Advancement of the knee and hip therapies and
surgeries has increased with improved methods
especially with the use of robotics.
The US Knee Hip Market Forecast by Volume
(2016-2021)

• The US knee and hip market procedures volume
  reached ..thousands in 2016, and is expected to
  further reach .. thousand by 2021. The knee hip
  procedure volume in the US is likely to grow at a
  CAGR of .. for the period spanning 2016-2021.
• The primary knee replacement procedure volume
  accounted for .. share in terms of value and ..
  share in terms of volume in the year 2016.
• The US revision hip replacement market value is
  expected to reach US.. million by 2021,
  increasing from US.. million in 2016. The market
  is expected to grow at a CAGR of .. for the
  period spanning 2016-2021.

The US Revision Hip Replacement Market Forecast
by Value Volume (2016-2012)
The US Knee Market Value by Type (2016)
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