"The Report Hip and
Knee Orthopedic Surgical Implants: Market Shares, Strategy, and
Forecasts, Worldwide, 2016 to 2022 provides information on pricing,
market analysis, shares, forecast, and company profiles for key
industry participants. - MarketResearchReports.biz"
Worldwide
hip and knee orthopedic surgical Implant markets are poised to
achieve significant growth with the aging of the population.
Old
people have trouble making their joints last as long as they do. The
patient stability and the relief from pain provided by the implant is
compelling. The major suppliers are providing implants that are state
of the art. Orthopedic reconstructive implants are used to replace
joints that have deteriorated. Deterioration may come as a result of
aging, disease, osteoarthritis, or injury.
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Total
hip replacement surgery has evolved dramatically over the years as
advances in technology have made it possible to improve surgical
techniques. 325,000 people had total hip replacement surgery in 2015
in the United States. Computer-assisted total hip replacement surgery
is one of the latest revolutions in total hip replacement.
Zimmer
is the market leader by far in the hip and knee orthopedic implant
market. Zimmer® M/L taper hip prosthesis has Kinectiv® modular neck
technology. This is better than traditional hip replacements that
have had limited size and shape choices. Doctors typically adjusted
the hip bone to fit the implant. Hip replacements with Zimmer
Kinectiv Technology give surgeons a wide range of options to achieve
a more accurate fit of the joint replacement to the hip.
Reconstructive
joint surgery involves the modification of the affected area of the
joint and the implantation of one or more manufactured components. It
may involve the use of bone cement. The primary orthopedic
reconstructive targets are joints. Hips and knees are the joints most
commonly repaired with orthopedic implants.
Orthopedic
implant vendors produce associated instruments. Instruments are
required by orthopedic surgeons to implant reconstructive products.
Interdisciplinary
dialog in medicine through its extensive continuing education
offerings is a vital part of the hip and knee implant joint
replacement market. System partnership means even more intensive
exchange to continuously improve patient care. The company seeks to
actively contribute extensive knowledge of procurement, logistics and
application processes to the medical community.
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The
aim is to increase efficiency of joint implant surgery in hospitals.
Depending on the type of disorder, the activity level of the patient
and the bone quality, the most suitable implant model is selected and
fixated in the bone. A great number of implants for artificial hip
replacement are available. The difference between individual models
and manufacturers is small, all products are technologically
sophisticated and good. Surgeon adoption of an implant product line
provides competitive advantage.
The
surgeon selects an implant based on the devices for which he or she
is trained. Surgeons tend to be proficient in a particular device and
have the most success implanting that one. The surgeon decision for
choice of implant depends on the diagnosis, his or her own experience
with the implant products, and the suitability of the selected
implant for the patient.
Implant
assisted medial knee arthroplasty: orthopedic surgical implants are
poised to take knee and hip surgery quality far beyond what has
previously been available. The quality of knee arthroplasty is
improved with implant capability. All the advantages of surgical
implants carry into the orthopedic reconstruction surgical products..
When the knee and hip surgical implants are used, patients have
reduction of post-operative pain, fewer re-admissions to hospital and
faster recovery. Implants support high-precision surgery.
Knee
and hip surgical implants need robots to provide consistent
reproducible precision. Knee or hip replacement will demand attention
to quality of life. Maintenance of lifestyle provided by an implant
as a joint replacement is compelling. As next generation systems, hip
and knee implants provide a way to improve traditional orthopedic hip
and knee replacement surgery. Total hip replacement surgery has
evolved dramatically as advances in technology have brought improved
surgical techniques. Surgical implants are a significant part of that
advance.
Once,
the penetration achieves this 35% level, all orthopedic surgeons will
demand that hospitals offer implant orthopedic surgical capability
because the outcomes are more predictable and better.
Knee
and hip surgical implant markets have been impacted by the reduction
in insurance payments. Payment reductions have forced hospitals to
act as businesses. The cost of delivering care has become as much a
factor as providing quality care when making decisions about patient
improvement in condition. Cost-cutting has been made in the supply
chain. Suppliers were examined closely for quality and cost.
The
number of suppliers is reduced to put pressure on the ones that
remain. Those remaining are pressured to improve prices and
efficiencies. Hospitals, physicians, and care providers have been
financially incentivized to create accountable care organizations
(ACOs). Coordinated patient care plans and value-based purchasing
were rewarded. The med device buyer shifted from physicians to the
ACOs and smart buying groups.
“Use
of the orthopedic implant represents a key milestone in
reconstructive surgery. Implants have provided an opportunity to
transform orthopedics. New materials and new designs are bringing
that transformation forward. By furthering the growth of implant
innovation, patients can get better treatment. By enhancing the
surgeon and patient experience is is likely that the entire
orthopedics implant market will grow more rapidly than it would
otherwise.”
The
aging US population has supported demand, since the occurrence of
health issues that require medical devices is higher in the elderly
population. Buoyed by strong demand and sales, industry profit
margins have increased considerably during the past five years.
The
worldwide market for Hip and knee orthopedic surgical joint
replacement products is $16.7 billion anticipated to reach $33 billon
by 2022. The complete report provides a comprehensive analysis
including procedure numbers, units sold, market value, forecasts, as
well as a detailed competitive market shares and analysis of major
players’ success, challenges, and strategies in each segment and
sub-segment. The reports cover markets for knee and hip Implant
orthopedic surgery medical specialties and sub-specialties.
Companies Profiled
Market Leaders
Johnson
& Johnson / DePuy Synthes
Stryker
Smith
& Nephew
Zimmer
Biomet
Market Participants
B
Braun / Aesculap
ConforMIS
DJO
Exactech
Corin
Mathys
Medacta
MicroPort
Scientific
Shenzhen
Advanced Institute Spinal Surgical Robot
THINK
Surgical
Waldemar
LINK GmbH & Co.
Wright
Medical Technology
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