Orthopedic Implants Market Research Report - Global Forecast till 2027

Orthopedic Implants Market Research Report: By Product Type (Spinal Implants, Reconstructive Joint Implants, Orthobiologics and others), Biomaterial (Metallic, Polymer, Ceramic), End-User (Hospitals, Orthopedic Centers and others) and Region (Americas, Europe, Asia-Pacific and Middle East & Africa) - Global Forecast till 2027

ID: MRFR/MED/0342-HCR | February, 2021 | Region : Global

Market Scenario


Orthopedic Implants Market is expected to exhibit significant growth over the forecast period. The market was valued at approximately USD 6,374.86 Million in 2018 and is projected to register a 4.71% CAGR over the forecast period.


Orthopedic implants are manufactured using stainless steel and titanium alloys, as well as from ceramics and polymers. These implants have varied applications in orthopedic injuries, fractures, and many other areas. The rising cases of orthopedic surgeries, growing focus on robotic orthopedic implantation surgeries, and rising research and development in this field are fueling the growth of the orthopedic implants market globally.


However, the high cost of the procedure and the product are restraining the growth of the market.


Key Players


Braun Melsungen AG (Germany), CONMED Corporation (US), Globus Medical (US), Integra LifeSciences (US), Johnson & Johnson (US), Medtronic (Ireland), NuVasive, Inc. (US), Orthopaedic Implant Company (US), Smith+Nephew (UK), Stryker (US), Wright Medical Group NV (UK), and Zimmer Biomet (US) are some of the Key Players in the Global Orthopedic Implants Market.


Intended Audience



  • Medical Device Companies

  • Pharmaceutical Companies

  • Hospitals and Clinics

  • Diagnostic Centers

  • Academic Institutes

  • Government Organizations


Market Segmentation


The Global Orthopedic Implants Market has been segmented into product type, biomaterial, end user, and region.


Based on Product Type, the market has been segmented into spinal implants, reconstructive joint implants, orthobiologics, and others.


By Biomaterial, has been divided into metallic, polymer, and ceramic.


By End User, has been divided into hospitals, orthopedic centers, and others.


The market has been segmented, by region, into the Americas, Europe, Asia-Pacific, and the Middle East & Africa.


Regional Market Summary


Geographically, the market has been segmented into the Americas, Europe, Asia-Pacific, and the Middle East & Africa. The market in the Americas is anticipated to dominate the global orthopedic implants market owing to high investments in orthopedic implants in countries such as the US and Canada, coupled with the increasing activities by key players. For instance, in March 2017, NuVasive, Inc., a medical device company focused on transforming spine surgery with minimally disruptive, procedurally integrated solutions, received US Food and Drug Administration (FDA) 510(k) clearance of the CoRoent Small Interbody System indicated for intervertebral body fusion in the cervical spine.


Europe is expected to hold the second-largest position in the global orthopedic implants market. The rigorous activities such as mergers and joint ventures by many established market players in the European countries fuel the market growth in this region. For example, in February 2017, Smith+Nephew, a company based in the UK, signed a distribution agreement and strategic investment with Leaf Healthcare, Inc.


Asia-Pacific is expected to be the fastest-growing regional market owing to the growing initiatives by the public and private organizations. Also, increasing acceptance of applications of orthopedic implants by patients is contributing to the growth of this market in this region.


The market in the Middle East & Africa holds the least share of the market due to the least amount of initiatives by public bodies. Moreover, many companies are focusing on these countries so as to expand their target audience. For instance, in July 2016, NuVasive, Inc. entered into a definitive agreement to acquire Mega Surgical, the exclusive distributor of NuVasive products in Brazil.


Global Orthopedic Implants Market Share (%), by Region, 2018  Orthopedic Implants Market


Source: Centers for Disease Control and Prevention (CDC), Eurostat, White Papers, Company Presentations, and Annual Reports


Global Orthopedic Implants Market, by Product Type



  • Spinal Implants

  • Reconstructive Joint Implants

  • Orthobiologics

  • Others


Global Orthopedic Implants Market, by Biomaterial



  • Metallic

  • Polymer

  • Ceramic


Global Orthopedic Implants Market, by End User



  • Hospitals

  • Orthopedic Centers

  • Others


Global Orthopedic Implants Market, by Region



  • Americas

    • North America

      • US

      • Canada



    • Latin America





  • Europe

    • Western Europe

      • Germany

      • France

      • Italy

      • Spain

      • UK

      • Rest of Western Europe



    • Eastern Europe





  • Asia-Pacific

    • Japan

    • China

    • India

    • Australia

    • South Korea

    • Rest of Asia-Pacific





  • Middle East & Africa

    • Middle East

    • Africa



Table of Contents

1. REPORT PROLOGUE

2. MARKET INTRODUCTION

2.1. Definition

2.2. Scope of the Study

2.2.1. Research Objective

2.2.2. Assumptions

2.2.3. Limitations

3. RESEARCH METHODOLOGY

3.1. Overview

3.2. Primary Research

3.3. Secondary Research

3.4. Market Size Estimation

4. MARKET DYNAMICS

4.1. Overview

4.2. Drivers

4.3. Restraints

4.4. Opportunities

5. MARKET FACTOR ANALYSIS

5.1. Porter’s Five Forces Analysis

5.1.1. Bargaining Power of Suppliers

5.1.2. Bargaining Power of Buyers

5.1.3. Threat of New Entrants

5.1.4. Threat of Substitutes

5.1.5. Intensity of Rivalry

5.2. Value Chain Analysis

5.2.1. R&D and Designing

5.2.2. Manufacturing

5.2.3. Distribution & Sales

5.2.4. Post Sales Services

6. GLOBAL ORTHOPEDIC IMPLANTS MARKET, BY PRODUCT TYPE

6.1. Overview

6.2. Spinal Implants

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.3. Reconstructive Joint Implants

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.4. Orthobiologics

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

6.5. Others

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7. GLOBAL ORTHOPEDIC IMPLANTS MARKET, BY BIOMATERIAL

7.1. Overview

7.2. Metallic

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.3. Polymer

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

7.4. Ceramic

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

8. GLOBAL ORTHOPEDIC IMPLANTS MARKET, BY END USER

8.1. Overview

8.2. Hospitals

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

8.3. Orthopedic Clinics

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

8.4. Others

Market Estimates & Forecast, by Region, 2020-2027

Market Estimates & Forecast, by Country, 2020-2027

9. GLOBAL ORTHOPEDIC IMPLANTS MARKET, BY REGION

9.1. Overview

9.2. Americas

9.2.1. North America

9.2.1.1. US

9.2.1.2. Canada

9.2.2. Latin America

9.3. Europe

9.3.1. Western Europe

9.3.1.1. Germany

9.3.1.2. France

9.3.1.3. Italy

9.3.1.4. Spain

9.3.1.5. UK

9.3.1.6. Rest of Western Europe

9.3.2. Eastern Europe

9.4. Asia-Pacific

9.4.1. Japan

9.4.2. China

9.4.3. India

9.4.4. Australia

9.4.5. South Korea

9.4.6. Rest of Asia-Pacific

9.5. Middle East & Africa

9.5.1. Middle East

9.5.2. Africa

10. COMPANY LANDSCAPE

10.1. Overview

10.2. Competitive Analysis

10.3. Market Share Analysis

10.4. Major Growth Strategy in the Global Orthopedic Implants Market

10.5. Competitive Benchmarking

10.6. Leading Players in terms of Number of Developments in the Global Orthopedic Implants Market

10.7. Key developments and Growth Strategies

10.7.1. New Product Launches

10.7.2. Merger & acquisitions

10.7.3. Joint Ventures

10.8. Major Players Financial Matrix & Market Ratio

10.8.1. Sales & Operating Income 2020

10.8.2. Major Players R&D Expenditure 2020

10.9. Major Players Capital Market Ratio

11. COMPANY PROFILES

11.1. B. Braun Melsungen AG

11.1.1. Company Overview

11.1.2. Product Overview

11.1.3. Financial Overview

11.1.4. Key Developments

11.1.5. SWOT Analysis

11.1.6. Key Strategies

11.2. CONMED Corporation

11.3. Globus Medical

11.4. Integra LifeSciences

11.5. Johnson & Johnson

11.6. Medtronic

11.7. NuVasive, Inc.

11.8. Orthopaedic Implant Company

11.9. Smith+Nephew

11.10. Stryker

11.11. Wright Medical Group N.V.

11.12. Zimmer Biomet

11.13. Others

12. APPENDIX

12.1. References

12.2. Related Reports


LIST OF TABLES

TABLE 1 GLOBAL ORTHOPEDIC IMPLANTS MARKET SYNOPSIS, 2020-2027

TABLE 2 GLOBAL ORTHOPEDIC IMPLANTS MARKET ESTIMATES & FORECAST, 2020-2027 (USD MILLION)

TABLE 3 GLOBAL ORTHOPEDIC IMPLANTS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION)

TABLE 4 GLOBAL ORTHOPEDIC IMPLANTS MARKET, BY BIOMATERIAL, 2020-2027 (USD MILLION)

TABLE 5 GLOBAL ORTHOPEDIC IMPLANTS MARKET, BY END USER, 2020-2027 (USD MILLION)

TABLE 6 GLOBAL ORTHOPEDIC IMPLANTS MARKET, BY REGION, 2020-2027 (USD MILLION)

TABLE 7 NORTH AMERICA: ORTHOPEDIC IMPLANTS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION)

TABLE 8 NORTH AMERICA: ORTHOPEDIC IMPLANTS MARKET, BY BIOMATERIAL, 2020-2027 (USD MILLION)

TABLE 9 NORTH AMERICA: ORTHOPEDIC IMPLANTS MARKET, BY END USER, 2020-2027 (USD MILLION)

TABLE 10 US: ORTHOPEDIC IMPLANTS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION)

TABLE 11 US: ORTHOPEDIC IMPLANTS MARKET, BY BIOMATERIAL, 2020-2027 (USD MILLION)

TABLE 12 US: ORTHOPEDIC IMPLANTS MARKET, BY END USER, 2020-2027 (USD MILLION)

TABLE 13 CANADA: ORTHOPEDIC IMPLANTS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION)

TABLE 14 CANADA: ORTHOPEDIC IMPLANTS MARKET, BY BIOMATERIAL, 2020-2027 (USD MILLION)

TABLE 15 CANADA: ORTHOPEDIC IMPLANTS MARKET, BY END USER, 2020-2027 (USD MILLION)

TABLE 16 LATIN AMERICA: ORTHOPEDIC IMPLANTS MARKET, BY PRODUCT TYPE, 2020-2027 (USD

TABLE 17 MILLION)

TABLE 18 LATIN AMERICA: ORTHOPEDIC IMPLANTS MARKET, BY BIOMATERIAL, 2020-2027 (USD MILLION)

TABLE 19 LATIN AMERICA: ORTHOPEDIC IMPLANTS MARKET, BY END USER, 2020-2027 (USD MILLION)

TABLE 20 EUROPE: ORTHOPEDIC IMPLANTS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION)

TABLE 21 EUROPE: ORTHOPEDIC IMPLANTS MARKET, BY BIOMATERIAL, 2020-2027 (USD MILLION)

TABLE 22 EUROPE: ORTHOPEDIC IMPLANTS MARKET, BY END USER, 2020-2027 (USD MILLION)

TABLE 23 WESTERN EUROPE: ORTHOPEDIC IMPLANTS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION)

TABLE 24 WESTERN EUROPE: ORTHOPEDIC IMPLANTS MARKET, BY BIOMATERIAL, 2020-2027 (USD MILLION)

TABLE 25 WESTERN EUROPE: ORTHOPEDIC IMPLANTS MARKET, BY END USER, 2020-2027 (USD MILLION)

TABLE 26 EASTERN EUROPE: ORTHOPEDIC IMPLANTS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION)

TABLE 27 EASTERN EUROPE: ORTHOPEDIC IMPLANTS MARKET, BY BIOMATERIAL, 2020-2027 (USD MILLION)

TABLE 28 EASTERN EUROPE: ORTHOPEDIC IMPLANTS MARKET, BY END USER, 2020-2027 (USD MILLION)

TABLE 29 ASIA-PACIFIC: ORTHOPEDIC IMPLANTS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION)

TABLE 30 ASIA-PACIFIC: ORTHOPEDIC IMPLANTS MARKET, BY BIOMATERIAL, 2020-2027 (USD MILLION)

TABLE 31 ASIA-PACIFIC: ORTHOPEDIC IMPLANTS MARKET, BY END USER, 2020-2027 (USD MILLION)

TABLE 32 MIDDLE EAST & AFRICA: ORTHOPEDIC IMPLANTS MARKET, BY PRODUCT TYPE, 2020-2027 (USD MILLION)

TABLE 33 MIDDLE EAST & AFRICA: ORTHOPEDIC IMPLANTS MARKET, BY BIOMATERIAL, 2020-2027 (USD MILLION)

TABLE 34 MIDDLE EAST & AFRICA: ORTHOPEDIC IMPLANTS MARKET, BY END USER, 2020-2027 (USD MILLION)


LIST OF FIGURES

FIGURE 1 RESEARCH PROCESS

FIGURE 2 MARKET STRUCTURE FOR THE GLOBAL ORTHOPEDIC IMPLANTS MARKET

FIGURE 3 MARKET DYNAMICS FOR THE GLOBAL ORTHOPEDIC IMPLANTS MARKET

FIGURE 4 GLOBAL ORTHOPEDIC IMPLANTS MARKET SHARE, BY PRODUCT TYPE, 2020 (%)

FIGURE 5 GLOBAL ORTHOPEDIC IMPLANTS MARKET SHARE, BY BIOMATERIAL, 2020 (%)

FIGURE 6 GLOBAL ORTHOPEDIC IMPLANTS MARKET SHARE, BY END USER, 2020 (%)

FIGURE 7 GLOBAL ORTHOPEDIC IMPLANTS MARKET SHARE, BY REGION, 2020 (%)

FIGURE 8 AMERICAS: ORTHOPEDIC IMPLANTS MARKET SHARE, BY REGION, 2020 (%)

FIGURE 9 NORTH AMERICA: ORTHOPEDIC IMPLANTS MARKET SHARE, BY COUNTRY, 2020 (%)

FIGURE 10 EUROPE: ORTHOPEDIC IMPLANTS MARKET SHARE, BY REGION, 2020 (%)

FIGURE 11 WESTERN EUROPE: ORTHOPEDIC IMPLANTS MARKET SHARE, BY COUNTRY, 2020 (%)

FIGURE 12 ASIA-PACIFIC: ORTHOPEDIC IMPLANTS MARKET SHARE, BY COUNTRY, 2020 (%)

FIGURE 13 MIDDLE EAST & AFRICA: ORTHOPEDIC IMPLANTS MARKET SHARE, BY REGION, 2020 (%)

FIGURE 14 GLOBAL ORTHOPEDIC IMPLANTS MARKET: COMPANY SHARE ANALYSIS, 2020 (%)

FIGURE 15 B. BRAUN MELSUNGEN AG: KEY FINANCIALS

FIGURE 16 B. BRAUN MELSUNGEN AG: SEGMENTAL REVENUE

FIGURE 17 B. BRAUN MELSUNGEN AG: REGIONAL REVENUE

FIGURE 18 CONMED CORPORATION: KEY FINANCIALS

FIGURE 19 CONMED CORPORATION: SEGMENTAL REVENUE

FIGURE 20 CONMED CORPORATION: REGIONAL REVENUE

FIGURE 21 GLOBUS MEDICAL: KEY FINANCIALS

FIGURE 22 GLOBUS MEDICAL: SEGMENTAL REVENUE

FIGURE 23 GLOBUS MEDICAL: REGIONAL REVENUE

FIGURE 24 INTEGRA LIFESCIENCES: KEY FINANCIALS

FIGURE 25 INTEGRA LIFESCIENCES: SEGMENTAL REVENUE

FIGURE 26 INTEGRA LIFESCIENCES: REGIONAL REVENUE

FIGURE 27 JOHNSON & JOHNSON: KEY FINANCIALS

FIGURE 28 JOHNSON & JOHNSON: SEGMENTAL REVENUE

FIGURE 29 JOHNSON & JOHNSON: REGIONAL REVENUE

FIGURE 30 MEDTRONIC: KEY FINANCIALS

FIGURE 31 MEDTRONIC: SEGMENTAL REVENUE

FIGURE 32 MEDTRONIC: REGIONAL REVENUE

FIGURE 33 NUVASIVE, INC.: KEY FINANCIALS

FIGURE 34 NUVASIVE, INC.: SEGMENTAL REVENUE

FIGURE 35 NUVASIVE, INC.: REGIONAL REVENUE

FIGURE 36 ORTHOPAEDIC IMPLANT COMPANY: KEY FINANCIALS

FIGURE 37 ORTHOPAEDIC IMPLANT COMPANY: SEGMENTAL REVENUE

FIGURE 38 ORTHOPAEDIC IMPLANT COMPANY: REGIONAL REVENUE

FIGURE 39 SMITH+NEPHEW: KEY FINANCIALS

FIGURE 40 SMITH+NEPHEW: SEGMENTAL REVENUE

FIGURE 41 SMITH+NEPHEW: REGIONAL REVENUE

FIGURE 42 STRYKER: KEY FINANCIALS

FIGURE 43 STRYKER: SEGMENTAL REVENUE

FIGURE 44 STRYKER: REGIONAL REVENUE

FIGURE 45 WRIGHT MEDICAL GROUP NV: KEY FINANCIALS

FIGURE 46 WRIGHT MEDICAL GROUP NV: SEGMENTAL REVENUE

FIGURE 47 WRIGHT MEDICAL GROUP NV: REGIONAL REVENUE

FIGURE 48 ZIMMER BIOMET: KEY FINANCIALS

FIGURE 49 ZIMMER BIOMET: SEGMENTAL REVENUE

FIGURE 50 ZIMMER BIOMET: REGIONAL REVENUE