Zimmer Biomet emerges as the largest company in the orthopedic joint replacement implants market, says TBRC report (Companies: Depuy Synthes, Zimmer and Biomet, Stryker, Smith & Nephew, and Aesculap.)

Major Orthopedic joint replacement implants Market, Key Competitor Market Shares, By Percentage, 2017

The global orthopedic joint replacement implants market was valued above $16 billion in 2017. North America was the largest region in the orthopedic joint replacement implants market with over 54% of the market.

The major orthopedic joint replacement implants market includes implants used in knee and hip replacement surgical procedures. Knee and hip joints are affected by common disease conditions such as rheumatoid arthritis, osteoarthritis, post-traumatic arthritis, injuries, and obesity.

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Orthopedic joint replacement implants Market Size

The global major orthopedic joint replacement implants market is expected to reach around $16.6 billion in 2017 at an annual rate of 3.03%. Its large market size can be attributed to the presence of ageing populations, and high prevalence of obesity, arthritis, and trauma.

Zimmer Biomet was the largest competitor with around 27% of the orthopedic joint replacement implants market, followed by Depuy Synthes with over 17%, Stryker with 17%, followed by Smith & Nephew and Aesculap (exact figures are mentioned in report).

Zimmer is a worldwide leader in musculoskeletal health care established more than 80 years ago. With a global team of more than 8,500 employees the company provides solutions that support orthopedic surgeons and clinicians to restore mobility and treat arthritis and traumatic injuries.

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Company profiles included in the orthopedic joint replacement implants market report are Depuy Synthes, Zimmer and Biomet, Stryker, Smith & Nephew, and Aesculap.

Major Orthopedic Replacement Implants Global Opportunities And Strategies To 2022 from The Business Research Company is one of a new series of industry report that provides a market overview, analysis and forecasts of major orthopedic replacement implants market size and industry statistics, major orthopedic replacement implants market growth rates, major orthopedic replacement implants market shares and major orthopedic replacement implants industry’s company profiles of the leading competitors. The major orthopedic replacement implants market report describes actionable strategies for participants in the major orthopedic implants market and also identifies the most significant opportunities in the market.

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