Product Code: CMI6199
The global endoprosthesis market size is expected to reach US$ 37.77 Bn by 2030, from US$ 22.80 Bn in 2023, at a CAGR of 7.5% during the forecast period.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 22.80 Bn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
7.50% |
2030 Value Projection: |
US$ 37.77 Bn |
Figure 1. Global Endoprosthesis Market Share (%), By Region, 2023
Endoprosthesis refers to medical devices that are implanted inside the human body to replace a missing biological structure, support a damaged biological structure, or enhance an existing biological structure. The global endoprosthesis market has been witnessing steady growth due to the rising incidence of degenerative diseases, trauma cases, and joint disorders. Furthermore, growing geriatric population which are more prone to such conditions has also contributed to the increasing demand for endoprosthesis. However, the high cost of these devices and post-surgery complications like infections have restricted their adoption to some extent. Ongoing technological advancements to develop more biocompatible materials and custom-made solutions according to patient needs are expected to boost the endoprosthesis market during the forecast period.
Market Dynamics:
The global endoprosthesis market is expected to experience significant growth in the coming years, driven by several factors. One of the key drivers is the increasing prevalence of chronic diseases such as osteoarthritis, cardiovascular diseases, and urological disorders. These conditions often require the use of endoprosthesis devices for treatment and management, leading to a higher demand for these products.
Advancements in medical technology are also contributing to the growth of the market. The development of innovative materials and manufacturing techniques has led to the production of more durable and biocompatible endoprosthesis devices. This has improved the success rates of surgeries and enhanced patient outcomes, driving the adoption of these devices.
Moreover, market players are indulged in conducting inorganic activities such as acquisition and this is expected to increase the growth of the global endoprosthesis market over the forecast period. For instance, in 2019, Exactech, a developer and producer of implants, instrumentation, and computer-assisted technologies, acquired its independent distribution partner, Exactech Italia, creating a new corporate subsidiary. The acquisition has increased the customer base for Exactech in over 35 countries globally.
However, there are certain restraints that may hinder the growth of the market. The high cost of endoprosthesis devices and the associated surgical procedures can be a barrier for some patients, especially in developing countries with limited healthcare resources. Additionally, the stringent regulatory requirements for the approval of these devices can pose challenges for manufacturers, leading to delays in product launches.
Despite these challenges, there are several opportunities in the market that can be capitalized on. The growing aging population is expected to drive the demand for endoprosthesis devices as age-related conditions such as joint degeneration and cardiovascular diseases become more prevalent. Additionally, the increasing focus on minimally invasive surgeries and the development of personalized medicine are creating new avenues for growth in the market.
Key features of the study:
- This report provides in-depth analysis of the global endoprosthesis market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global endoprosthesis market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Medtronic, Boston Scientific, Abbott Laboratories, Edwards Lifesciences , Johnson & Johnson, Stryker, Zimmer Biomet, Smith & Nephew, BD, and Teleflex
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global endoprosthesis market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global endoprosthesis market
Detailed Segmentation:
- By Product Type:
- Knee Reconstruction
- Hip Reconstruction
- Extremities Reconstruction
- Dental Reconstruction
- Cardiac Reconstruction
- Others (Spinal implant, Craniofacial reconstruction plates and bone grafts)
- By Material:
- Metallic
- Polymeric
- Ceramic
- Biological
- Others (Bioresorbable materials, Composite materials)
- By End-User:
- Hospitals
- Orthopedic Clinics
- Ambulatory Surgery Centers
- Others (Specialty Clinics, Rehab Centers)
- By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East
- Africa
- Top companies in Global Endoprosthesis Market
- Medtronic
- Boston Scientific
- Abbott Laboratories
- Edwards Lifesciences
- Johnson & Johnson
- Stryker
- Zimmer Biomet
- Smith & Nephew
- BD
- Teleflex
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Global Endoprosthesis Market, By Product Type
- Global Endoprosthesis Market, By Material
- Global Endoprosthesis Market, By End-User
- Global Endoprosthesis Market, By Geography
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Rising prevalence of cardiovascular diseases and osteoporosis
- High cost of implants
- Growing medical tourism in emerging economies
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Endoprosthesis Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Endoprosthesis Market , By Product Type, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019-2030
- Segment Trends
- Knee Reconstruction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Hip Reconstruction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Extremities Reconstruction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Dental Reconstruction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Cardiac Reconstruction
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Others (Spinal implant, Craniofacial reconstruction plates and bone grafts)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
6. Global Endoprosthesis Market , By Material, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019-2030
- Segment Trends
- Metallic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Polymeric
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Ceramic
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Biological
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Others (Bioresorbable materials, Composite materials)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
7. Global Endoprosthesis Market , By End-User, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019-2030
- Segment Trends
- Hospitals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Orthopedic Clinics
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Ambulatory Surgery Centers
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
- Others (Specialty Clinics, Rehab Centers)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2018-2030,(US$ Bn)
8. Global Endoprosthesis Market , By Region, 2018-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2019 -2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2018-2030,(US$ Bn)
- U.S.
- Canada
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2018-2030,(US$ Bn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2018-2030,(US$ Bn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries, 2018-2030,(US$ Bn)
- China
- India
- Japan
- Australia
- South Korea
- ASEAN
- Rest of Asia Pacific
- Middle East
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Countries 2018-2030,(US$ Bn)
- GCC Material
- Israel
- Rest of Middle East
- Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Product Type, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Material, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2018-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By Country/Region 2018-2030,(US$ Bn)
- South Africa
- North Africa
- Central Africa
9. Competitive Landscape
- Medtronic
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Boston Scientific
- Abbott Laboratories
- Edwards Lifesciences
- Johnson & Johnson
- Stryker
- Zimmer Biomet
- Smith & Nephew
- BD
- Teleflex
- Analyst Views
10. Section
- Research Methodology
- About us