Global Knee & Hip Market Report: 2014 Edition
The knee and hip joints are the largest joints in the human body. Any dysfunction in any of these joints can cause chronic disorders. Both these joints are large and complex and thus, they are frequently affected by injuries caused in the event of sports activities, accidents, or simply due to aging. Further, conditions like arthritis and bursitis may also cause chronic pain in these joints. Advancing medical technology has brought significant development to enable smooth functioning of joints and to provide them with strength and stability, which, is eventually targeted at providing them with a much better degree of movement. These technological advancements have made related surgeries a more viable option for patients. Joint replacement surgery has become one of the greatest medical advances over time.
The key factors which are anticipated to drive knee and hip market include factors like accelerating aging population, rising healthcare expenditures and economic development. Some of the noteworthy developments of this industry include joint replacement surgery, increasing obesity rates, improved implant materials and surgical techniques, among others. However, the growth of respective industry is hindered by the barrier for regulatory risk, defective medical devices, dearth of expertise and trained healthcare expenditures, among others.
The global knee & hip market is consolidated with top five players controlling the majority share of the total market. Zimmer, Johnson & Johnson (DePuy), Stryker, Biomet and Smith & Nephew are the leading players in the knee & hip market.
The report “Global Knee & Hip Market” analyzes the global and the US market. The report also identifies the key trends shaping and driving the dynamism in knee & hip market. The report provides an insight into the prevalent competitive landscape of major players, along with their business strategies.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
The key factors which are anticipated to drive knee and hip market include factors like accelerating aging population, rising healthcare expenditures and economic development. Some of the noteworthy developments of this industry include joint replacement surgery, increasing obesity rates, improved implant materials and surgical techniques, among others. However, the growth of respective industry is hindered by the barrier for regulatory risk, defective medical devices, dearth of expertise and trained healthcare expenditures, among others.
The global knee & hip market is consolidated with top five players controlling the majority share of the total market. Zimmer, Johnson & Johnson (DePuy), Stryker, Biomet and Smith & Nephew are the leading players in the knee & hip market.
The report “Global Knee & Hip Market” analyzes the global and the US market. The report also identifies the key trends shaping and driving the dynamism in knee & hip market. The report provides an insight into the prevalent competitive landscape of major players, along with their business strategies.
By combining SPSS Inc.’s data integration and analysis capabilities with our relevant findings, we have predicted the future growth of the industry. We employed various significant variables that have an impact on this industry and created regression models with SPSS Base to determine the future direction of the industry. Before deploying the regression model, the relationship between several independent or predictor variables and the dependent variable was analyzed using standard SPSS output, including charts, tables and tests.
1. INTRODUCTION
1.1 Hip Disorders & Treatment
1.1.1 Hip Anatomy
1.1.2 Hip Disorders
1.1.3 Symptoms of Hip Disorder
1.1.4 Types of Hip Procedure
1.2 Knee Disorders & Treatment
1.2.1 Knee Anatomy
1.2.2 Knee Disorders
1.2.3 Symptoms of Knee Disorders
1.2.4 Type of Knee Procedures
2. MARKET SIZE
2.1 Global Orthopedic Market
Market Value
Major Segments
Regional Breakdown
2.2 Knee Market
2.2.1 Global Knee Market
Market Value
Market Growth
Price Trend
Regional Breakdown
2.2.2 The US Knee Market
Market Value
Market Volume
2.3 Hip Market
2.3.1 Global Hip Market
Market Value
Market Growth
Price Trend
Regional Breakdown
2.3.2 The US Hip Market
Market Value
Market Volume
3. MARKET DYNAMICS
3.1 Key Trends
3.1.1 Knee and Hip Implant
3.1.2 Increasing Obesity Rate
3.1.3 Improved Implant Materials and Surgical Techniques
3.2 Growth Drivers
3.2.1 Acceleration of Aging Population
3.2.2 Economic Development
3.2.3 Rising Healthcare Expenditure
3.3 Significant Developments
3.3.1 The Personalized Knee System by Zimmer
3.3.2 ePAK Single Use Delivery System by Biomet
3.3.3 C-Stem AMT Total Hip System by DePuy
3.3.4 Empi Phoenix Muscle Stimulator by DJO Global
3.3.5 Exactech Introduces LPI Prime Hip System
3.4 Challenges
3.4.1 Regulatory risk
3.4.2 Defective Medical Devices
3.4.3 Dearth of Expertise and Trained Healthcare Workers
3.4.4 Inadequate Reimbursement and Coverage
4. COMPETITIVE LANDSCAPE
4.1 Competition in Orthopedic Market
4.2 Competitive Landscape- Global Knee Market
4.3 Competitive Landscape- Global Hip Market
5. COMPANY PROFILES
5.1 Johnson & Johnson-DePuy
5.1.1 Business Overview
5.1.2 Financial Overview
5.1.3 Business Strategies
Creating Value through Innovation
Increasing Global Reach
5.2 Zimmer
5.2.1 Business Overview
5.2.2 Financial Overview
5.2.3 Business Strategies
Focus on Strategic Acquisitions
Geographic and Product Expansion
5.3 Stryker
5.3.1 Business Overview
5.3.2 Financial Overview
5.3.3 Business Strategies
Impetus on Product Development
Targeting Strategic Acquisitions
5.4 Biomet
5.4.1 Business Overview
5.4.2 Financial Overview
5.4.3 Business Strategies
Focus on Strategic Acquisitions
New Products and Technologies
6. MARKET OUTLOOK
6.1 Market Forecast
6.2 Forecast Methodology
6.2.1 Dependent and Independent Variables
6.2.2 Correlation Analysis
6.2.3 Regression Analysis
1.1 Hip Disorders & Treatment
1.1.1 Hip Anatomy
1.1.2 Hip Disorders
1.1.3 Symptoms of Hip Disorder
1.1.4 Types of Hip Procedure
1.2 Knee Disorders & Treatment
1.2.1 Knee Anatomy
1.2.2 Knee Disorders
1.2.3 Symptoms of Knee Disorders
1.2.4 Type of Knee Procedures
2. MARKET SIZE
2.1 Global Orthopedic Market
Market Value
Major Segments
Regional Breakdown
2.2 Knee Market
2.2.1 Global Knee Market
Market Value
Market Growth
Price Trend
Regional Breakdown
2.2.2 The US Knee Market
Market Value
Market Volume
2.3 Hip Market
2.3.1 Global Hip Market
Market Value
Market Growth
Price Trend
Regional Breakdown
2.3.2 The US Hip Market
Market Value
Market Volume
3. MARKET DYNAMICS
3.1 Key Trends
3.1.1 Knee and Hip Implant
3.1.2 Increasing Obesity Rate
3.1.3 Improved Implant Materials and Surgical Techniques
3.2 Growth Drivers
3.2.1 Acceleration of Aging Population
3.2.2 Economic Development
3.2.3 Rising Healthcare Expenditure
3.3 Significant Developments
3.3.1 The Personalized Knee System by Zimmer
3.3.2 ePAK Single Use Delivery System by Biomet
3.3.3 C-Stem AMT Total Hip System by DePuy
3.3.4 Empi Phoenix Muscle Stimulator by DJO Global
3.3.5 Exactech Introduces LPI Prime Hip System
3.4 Challenges
3.4.1 Regulatory risk
3.4.2 Defective Medical Devices
3.4.3 Dearth of Expertise and Trained Healthcare Workers
3.4.4 Inadequate Reimbursement and Coverage
4. COMPETITIVE LANDSCAPE
4.1 Competition in Orthopedic Market
4.2 Competitive Landscape- Global Knee Market
4.3 Competitive Landscape- Global Hip Market
5. COMPANY PROFILES
5.1 Johnson & Johnson-DePuy
5.1.1 Business Overview
5.1.2 Financial Overview
5.1.3 Business Strategies
Creating Value through Innovation
Increasing Global Reach
5.2 Zimmer
5.2.1 Business Overview
5.2.2 Financial Overview
5.2.3 Business Strategies
Focus on Strategic Acquisitions
Geographic and Product Expansion
5.3 Stryker
5.3.1 Business Overview
5.3.2 Financial Overview
5.3.3 Business Strategies
Impetus on Product Development
Targeting Strategic Acquisitions
5.4 Biomet
5.4.1 Business Overview
5.4.2 Financial Overview
5.4.3 Business Strategies
Focus on Strategic Acquisitions
New Products and Technologies
6. MARKET OUTLOOK
6.1 Market Forecast
6.2 Forecast Methodology
6.2.1 Dependent and Independent Variables
6.2.2 Correlation Analysis
6.2.3 Regression Analysis
LIST OF CHARTS
Global Orthopedics Market (2009-2015E)
Global Orthopedic Implant Segment Share (2013)
Global Orthopedic Market Sales by Geography (2013)
Global Knee Market (2008-2014E)
Global Constant Currency Knee Market Growth (1Q12-4Q13)
Global Average Selling Prices- Knee Market (2008-2014E)
Global Knee Market Sales by Geography (2014E)
Global Knee Market Sales by Geography (2014E)
The US Knee Market (2008-2014E)
The US Knee Units (2009-2014E)
Global Hip Market (2009-2014E)
Global Constant Currency Hip Market Growth (1Q12-4Q13)
Global Average Selling Prices- Hip Market (2008-2014E)
Global Hip Market Sales by Geography (2014E)
Hip Procedure Volume by Geography (2014E)
The US Hip Market (2008-2014E)
The US Hip Units (2009-2014E)
Ageing Population Worldwide (2005-2014E)
Global GDP (2008-2013)
Global Per Capita Healthcare Expenditure (2007-2013)
Global Orthopedic Market Share by Company (2013)
Market Share of Key Players in Global Knee Market (2014E)
Market Share of Top 4 Players in Global Knee Market (2009-2014E)
Market Share of Key Players in US Knee Market (2014E)
Market Share of Key Players in Outside US Knee Market (2014E)
Market Share of Key Players in Global Hip Market (2014E)
Market Share of Top 4 Players in Global Hip Market (2009-2014E)
Market Share of Key Players in US Hip Market (2014E)
Market Share of Key Players in Outside US Hip Market (2014E)
Sales of Johnson & Johnson’s by Business Segments (2013)
Revenues and Net Income of Johnson & Johnson (2009-2013)
Share of Net Sales by Reportable Segments (2013)
Share of Sales by Product Category (2013)
Revenues & Net Income of Zimmer (2009-2013)
Stryker’s Revenue Contribution by Business Segments (2013)
Share of Net Sales by Geographical Segments (2013)
Revenues & Net Income of Stryker (2009-2013)
Biomet’s Net Sales by Product Category (May, 2014)
Biomet’s Net Sales by Geographic Region (May, 2014)
Revenues & Net Income of Biomet (2009-2014)
Global Knee & Hip Market Forecast (2010-2017E)
Global Orthopedics Market (2009-2015E)
Global Orthopedic Implant Segment Share (2013)
Global Orthopedic Market Sales by Geography (2013)
Global Knee Market (2008-2014E)
Global Constant Currency Knee Market Growth (1Q12-4Q13)
Global Average Selling Prices- Knee Market (2008-2014E)
Global Knee Market Sales by Geography (2014E)
Global Knee Market Sales by Geography (2014E)
The US Knee Market (2008-2014E)
The US Knee Units (2009-2014E)
Global Hip Market (2009-2014E)
Global Constant Currency Hip Market Growth (1Q12-4Q13)
Global Average Selling Prices- Hip Market (2008-2014E)
Global Hip Market Sales by Geography (2014E)
Hip Procedure Volume by Geography (2014E)
The US Hip Market (2008-2014E)
The US Hip Units (2009-2014E)
Ageing Population Worldwide (2005-2014E)
Global GDP (2008-2013)
Global Per Capita Healthcare Expenditure (2007-2013)
Global Orthopedic Market Share by Company (2013)
Market Share of Key Players in Global Knee Market (2014E)
Market Share of Top 4 Players in Global Knee Market (2009-2014E)
Market Share of Key Players in US Knee Market (2014E)
Market Share of Key Players in Outside US Knee Market (2014E)
Market Share of Key Players in Global Hip Market (2014E)
Market Share of Top 4 Players in Global Hip Market (2009-2014E)
Market Share of Key Players in US Hip Market (2014E)
Market Share of Key Players in Outside US Hip Market (2014E)
Sales of Johnson & Johnson’s by Business Segments (2013)
Revenues and Net Income of Johnson & Johnson (2009-2013)
Share of Net Sales by Reportable Segments (2013)
Share of Sales by Product Category (2013)
Revenues & Net Income of Zimmer (2009-2013)
Stryker’s Revenue Contribution by Business Segments (2013)
Share of Net Sales by Geographical Segments (2013)
Revenues & Net Income of Stryker (2009-2013)
Biomet’s Net Sales by Product Category (May, 2014)
Biomet’s Net Sales by Geographic Region (May, 2014)
Revenues & Net Income of Biomet (2009-2014)
Global Knee & Hip Market Forecast (2010-2017E)
LIST OF TABLES
The US Knee Units by Procedure Type (2009-2014E)
Hip Units by Procedure Type (2009-2014E)
Dependent & Independent Variables (2008-2012)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output
The US Knee Units by Procedure Type (2009-2014E)
Hip Units by Procedure Type (2009-2014E)
Dependent & Independent Variables (2008-2012)
Correlation Matrix
Model Summary – Coefficient of Determination
Regression Coefficients Output
