Global Hip and Knee Replacement Market Insights, Forecast to 2025

Hip and knee replacement surgeries are highly effective and becoming more common in use worldwide. Orthopedic reconstructive implants are used to replace joints that have deteriorated. Deterioration may come as a result of aging, disease, osteoarthritis, or injury.
The most common type of products of Hips and Knees replacement are total hip system; partial hip system; revision hip system; total knee system; partial knee system and revision knee system. In 2018, total hip system and partial knee system are the two products leading the market with 23.20% and 21.55%% market share rate respectively.
North America is the largest sales place, with a sales market share about 51.08% in 2018. Following by Europe, with 23.54% market share rate. Asia pacific is the fastest growing market with a 10.97% growth rate.
Market competition is intense. Zimmer Biomet; Johnson & Johnson; Stryker Corporation; Smith & Nephew are the leading companies of the hips and knees replacement industry, and they hold the key technology, with high-end customers; have been formed in the monopoly position in the industry with 77.76% market share in total. Following by some other companies with small market share including B. Braun; Wright Medical Group; Corin Group; Exactech, Inc.; DJO Global; Waldemar Link; Mindray.
The global Hip and Knee Replacement market is valued at 16590 million US$ in 2018 and will reach 21830 million US$ by the end of 2025, growing at a CAGR of 4.0% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Hip and Knee Replacement market based on company, product type, end user and key regions.

This report studies the global market size of Hip and Knee Replacement in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Hip and Knee Replacement in these regions.
This research report categorizes the global Hip and Knee Replacement market by top players/brands, region, type and end user. This report also studies the global Hip and Knee Replacement market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:
Zimmer Biomet
Johnson & Johnson
Stryker Corporation
Smith & Nephew
B. Braun
Wright Medical Group
Corin Group
Exactech
DJO Global
Waldemar Link
Mindray

Hip and Knee Replacement market size by Type
Total Hip Systems
Partial Hip Systems
Revision Hip Systems
Total Knee Systems
Partial Knee Systems
Revision Knee Systems
Hip and Knee Replacement market size by Applications
Hip Replacement
Knee Replacement

Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
Japan
South Korea
India
Australia
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
Turkey
GCC Countries
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Hip and Knee Replacement market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Hip and Knee Replacement market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Hip and Knee Replacement companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Hip and Knee Replacement submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Hip and Knee Replacement are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million US$) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Hip and Knee Replacement market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.