Hip and Knee Replacement Market: Overview of the US and European markets - growth in a mature market

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Price: $3,800.00

Publication Date: 2006-10-05

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The orthopedic joint replacement market is at a crossroads between time-tested conventional procedures and advanced implant materials and surgical techniques. Demand driven by an aging population and an increasing number of younger patients undergoing replacement procedures together with improved implant materials and surgical techniques are contributing to growth in this mature market.


Scope

  • Comprehensive analysis of the size, value and growth prospects of the US and European hip and knee replacement markets
  • Summary of key developments in the field of hip and knee replacement procedures
  • SWOT analysis of the US and EU hip and knee replacement markets
  • Comparative analysis of the key players in the hip and knee replacement markets


    • Report Highlights
    The US and European hip and knee implant markets are the two largest markets for hip and knee implants globally, with the US accounting for nearly 50% and Europe contributing to around 30% of total procedures worldwide.

    Hip and knee replacements are mature markets in the US and Europe with knee procedures and revenues growing at a higher rate than hip replacement procedures and revenues. The 2005 revenues for hip implants in the US were $2 billion and $1.4 billion in Europe. Knee implant revenues for 2005 were $2.4 billion in the US and $774m in Europe.

    The average prices for hip implants grew by 2-3% from 2004 to 2005 while that of knees grew by 3-4%. Future market growth is expected to be driven by increasing demand for hip and knee replacements as the baby boom generation nears retirement and an increasing number of younger patients undergo hip and knee replacement procedures.


    Reasons to Purchase

  • Evaluate the size of the US and European hip and knee replacement markets, in terms of number of replacements and value
  • Assess the key factors driving and restricting market growth over the coming years
  • Analyze the competitive landscape in each market and identify the key players

    • Table of Contents

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