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Global Next Generation Implants Market Estimated to Reach USD 4.85 billion by 2024 – Top Players are Finetech Medical, Arthrex, Inc., Exactech, Inc., DJO Global, Inc. and More

April 17th, 2018 Wise Guy Research Consultants Pvt. Ltd. Releases

A new market study, titled “Global Next Generation Implants Market Outlook, Global Opportunity and Demand Analysis, Market Forecast, 2016-2024”, has been featured on WiseGuyReports.

Global Next Generation Implants Market Outlook

Market Overview

Implants turns even the most complicated clinical cases into simple ones and provide patients with long term esthetic results. Temporary implants (dental implants, screws, chemotherapy ports and bridges) makes most of the next generation implant market due to the increasing number of orthopedic surgeries and also they can be required more than once in a lifetime unlike permanent implants (hip implants, stents). With the advancement of techniques implants are possible with skin, tissue and bone.

Constant increase in diseases related to lifestyle and improved access to healthcare, especially medical devices and infrastructure are driving the global next generation implants market. However, strict regulatory norms for approval of product are likely to disrupt the global next generation implants market.

In countries like India, fearing more price control, medical device companies propose government to voluntarily cut prices. MNC’s like Zimmer Biomet and J&J is mostly affected by recent price cap imposed by National Pharmaceutical Pricing Authority (NPPA). Zimmer Biomet comprises of 130,000 innovative, personalized joint replacement solutions and orthopedic products in addition with spine solutions and dental implants too.

Market Segmentation

  • By Product

o Hip replacement

o Knee replacement

o Spinal & surgical replacement

o Foot drop implants

o Dental implants

o Others

  • By Material

o Metal-on-metal

o Metal-on-polyethylene

o Ceramic-on-metal

o Ceramic-on-polyethylene

o Plastics

o Ceramic-on-ceramic

o Others

  • By End User

o Hospitals

o Ambulatory surgical centers

o Orthopedic clinics

o Academic & research institutes

  • By Geography

o North America (US, Canada) {Market Share (%), Market Size (USD Billion), Procedures (Count)}

o Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion), Procedures (Count)}

o Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion), Procedures (Count)}

o Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion), Procedures (Count)}

o Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion), Procedures (Count)}

o Rest of the World{Market Share (%), Market Size (USD Billion), Procedures (Count)}

Growth Drivers and Challenges

Success rate of implants is 80-90% that is the key growth factor of global next generation implants market. Increase in geriatric population associated diseases, adequate reimbursement policies, well trained personnel, rapid introduction of newer and more effective implants varities, presence of major players like J&J, Zimmer Biomet, etc across several key regional markets, technology and research intensive field are the driving factors of global next generation implants market. However, the advent of more promising substitutes to traditionally used materials is expected to intensify competition.

Economic costs of implants are significantly higher than that of mass-produced alternatives hinders the global next generation implant market. Low corrosion, wear, friction, and highly-aggressive microenvironment properties of implant component may cause material degradation, and release of unwanted metallic ions, which may trigger metal hypersensitivity leading to implant failure or post-surgery complications.

Request Sample Report at https://www.wiseguyreports.com/sample-request/2316638-global-next-generation-implants-market-outlook-global-opportunity-and-demand-analysis

Opportunities

  • New or modified materials can only overcome challenges currently faced by existing implants, and discover material that not only minimize the likelihood of medical complications but possibly offer more realistic, aesthetically pleasing outcomes for the patients.
  • Material engineering and Customized additive is the future of materials utilized in implants manufacturing. Nonmaterial can also serve multiple purposes.
  • Next generation implants vendor holds opportunities for processing of patient-specific/personalized metallic implants to create complex architectures with controlled internal nano-, micro-, and macro scaled features and personalized external geometry.

Market Size and Forecast

Global conventional medical implant market was USD 70 billion in 2016 and is estimated to reach USD 110 billion by 2024 due to increased prevalence of age related degenerating diseases among geriatric population majorly and improved life expectancy.

Global next generation implant market was USD 1.25 in 2016 and is anticipated to reach USD 4.85 billion by 2024 at a CAGR of 18.5%. As per the material used metal and metal alloy implants dominate the market; however, with the advent of advancement in technology skin, tissue and bone implants are coming into light.

Geographically, North America is largest market player in global next generation implants market due to health awareness, reimbursement policies and focus on research and development. European next generation implant market was impacted by Brexit. APAC is projected to be the fastest growing next generation implant market owing to the rising aged population in China, Japan and India.

Key Market Players

  • Finetech Medical

o Synopsis

o Business Strategy

o Product Portfolio

o SWOT Analysis

  • Wright Medical Group N.V.
  • Shanghai MicroPort Orthopedics
  • Arthrex, Inc.
  • B. Braun Melsungen AG
  • Exactech, Inc.
  • DJO Global, Inc.
  • Johnson & Johnson
  • Zimmer Biomet
  • Bioness, Inc.
  • Stryker Corporation
  • Ottobock, Narang Medical Limited
  • PONTiS Orthopaedics, LLC

Scope Background

Market Synopsis

Market Segmentation

Global next generation implants market is segmented as follows:

  • By Product (Market Size, Demand Analysis and Growth Analysis)
  • By Material (Market Size, Demand Analysis and Growth Analysis)
  • By End User (Market Size, Demand Analysis and Growth Analysis)

Global Next Generation Implants Market Report covered insights of below mentioned regions:

  • North America (U.S., Canada) {Market Size, Growth Analysis and Opportunity Analysis}
  • Latin America (Argentina, Mexico, Brazil and Rest of Latin America) {Market Size, Growth Analysis and Opportunity Analysis}
  • Europe (Germany, Italy, Spain, France, The U.K., Netherlands, Sweden, Hungary, Russia, Poland, Rest of Europe) {Market Size, Growth Analysis and Opportunity Analysis}
  • Asia-Pacific (China, India, Singapore, Japan, Australia, New Zealand, South Korea and Rest of Asia Pacific) {Market Size, Growth Analysis and Opportunity Analysis}
  • Middle East and North Africa (MENA) {Market Size, Growth Analysis and Opportunity Analysis}
  • Rest of World {Market Size, Growth Analysis and Opportunity Analysis}

Market Dynamics: Growth Drivers, Restraints and Opportunities

  • Risk Factors
  • Regional Variations
  • Recent Trends and Developments

Key Market Players

  • Synopsis
  • Business Strategy
  • Product Portfolio
  • SWOT Analysis

 

Table of Contents

  1. Parent Market Synopsis
  2. Executive Summary
  3. Research Methodology
  4. Regional Opportunity Analysis on the basis of Competitors
  5. Global Next Generation Implants Market Size (USD Billion) and Forecast Analysis, 2016-2024
  6. Market Dynamics: Growth Drivers, Restraints and Opportunities
  7. Global Next Generation Implants Market Segmentation
  8. Competitive Outlook
  9. Porter’s Five Force Model
  10. Market Landscape: Competition and Beyond
  11. Market outlook for business players and entry level players to ascertain their business in dynamic ecosystem
  12. Expert Analysis
  13. Concluding Remarks

 

About Us:

Wise Guy Reports is part of the Wise Guy Research Consultants Pvt. Ltd. and offers premium progressive statistical surveying, market research reports, analysis & forecast data for industries and governments around the globe.

 

Contact Us:

NORAH TRENT                                                      

sales@wiseguyreports.com       

Ph: +1-646-845-9349 (US)                          

Ph: +44 208 133 9349 (UK)        

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