An artificial joint is a device used in orthopedic surgery procedures in which an arthritic or dysfunctional joint surface is surgically replaced. They are also called prostheses and designed to enable improved joint function and correct abnormalities associated with joint movement. Artificial joints can be prepared from alloy, metal, ceramic, or oxinum and implanted into the site depending on the patient, surgeon, and feasibility of the procedure.
The Middle East and Africa Artificial Joints market was valued at US$ 1,003.85 million in 2019 and is projected to reach US$ 1,430.74 million by 2027; it is expected to grow at a CAGR of 4.6 % during the forecast period. Middle East and Africa Artificial Joints market is expected to grow due to factors such as to increasing prevalence of bone and joint disorders, increasing prevalence of obesity, and rising government support by introducing guidelines for regenerative medicines. However, high cost and complications like prosthetic joint infections, associated with the artificial joint surgery is expected to hinder market growth.
Based on Product, the Middle East and Africa Artificial Joints market is segmented into cemented joints and non-cemented joints. The cemented joints segment held the largest share of the market in 2019 and is expected to register the highest CAGR in the market during the forecast period.
The Middle East and Africa Artificial Joints market, by material, is segmented into ceramics, alloys, oxinium, others. The ceramic segment held the largest share of the market in 2019, however, alloys segment is anticipated to register the highest CAGR in the market during the forecast period.
Based on Application, the Middle East and Africa Artificial Joints market is segmented into artificial joints of knee, artificial joints of hip, artificial joints of shoulder, others. The artificial joints of knee segment held the largest share of the market in 2019 and is expected to register the highest CAGR in the market during the forecast period.
The Middle East and Africa Artificial Joints market, based on end user, is segmented into artificial joints of hospitals, ambulatory care centers, and other end users. The hospital segment held the largest share of the market in 2019 and is anticipated to register the highest CAGR in the market during the forecast period.
Some of the major primary and secondary sources associated with this report on the Middle East and Africa Artificial Joints market are the South African Orthopaedic Association (SAOA); International Society of Arthroplasty, Knee Surgery and Orthopedic Sports Medicine (ISAKOS); World Health Organization (WHO); and National Health Service (NHS).
• Cemented Joints
• Non-Cemented Joints
• Ceramics
• Alloys
• Oxinium
• Others
• Artificial Joints of Knee
• Artificial Joints of Hip
• Artificial Joints of Shoulder
• Others
• Hospital
• Ambulatory Care Centers
• Others
• Smith & Nephew
• Stryker Corporation
• Zimmer Biomet
• Medtronic
• Braun Melsungen AG
• Colfax Corporation
• Depuy Synthes (Johnson and Johnson Services, Inc.)
The Middle East and Africa Artificial Joints Market is valued at US$ 1,003.85 Million in 2019, it is projected to reach US$ 1,430.74 Million by 2027.
As per our report Middle East and Africa Artificial Joints Market, the market size is valued at US$ 1,003.85 Million in 2019, projecting it to reach US$ 1,430.74 Million by 2027. This translates to a CAGR of approximately 4.6 % during the forecast period.
The Middle East and Africa Artificial Joints Market report typically cover these key segments-
The historic period, base year, and forecast period can vary slightly depending on the specific market research report. However, for the Middle East and Africa Artificial Joints Market report:
The Middle East and Africa Artificial Joints Market is populated by several key players, each contributing to its growth and innovation. Some of the major players include:
The Middle East and Africa Artificial Joints Market report is valuable for diverse stakeholders, including:
Essentially, anyone involved in or considering involvement in the Middle East and Africa Artificial Joints Market value chain can benefit from the information contained in a comprehensive market report.