3D Implants is a layer-by-layer process to create physical objects out of digital 3D blueprints. A 3D implant involves knee realignment using additives manufacturing technology, improving the effectiveness of surgery, and reducing the time taken to recover. This technology uses CT scans to create 3D blueprints of the damaged hip or knee parts to be replaced and helps the surgeons to decide where to make incisions or realign the bone. The 3D hip and knee implant helps to reduce cost as these parts are made according to the patient's anatomy.
MARKET SCOPE
The "Global 3D Hip and Knee Implant Market Analysis to 2028" is a specialized and in-depth study of the medical devices industry with a special focus on the global market trend analysis. The report aims to provide an overview of the 3D hip and knee implant market with detailed market segmentation by implant, material, end use, and geography. The report provides key statistics on the market status of the leading 3D hip and knee implant market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
-Based on implant, the global 3D hip and knee implant market is segmented into total hip replacement implant, partial hip replacement implant, hip resurfacing implant, revision hip replacement implant.
-On the basis of material, the market is segmented into metal on metal, metal on polyethylene, ceramic on metal, ceramic on polyethylene and ceramic on ceramic.
-On the basis of end use, the market is segmented into hospitals, orthopedics clinics and others.
MARKET DYNAMICS
Drivers
-Advancements in 3D technology.
-Rise in the geriatric population.
Restraints
-The high cost of implant is the major restraining factor for this market.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The 3D hip and knee implant market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the 3D hip and knee implant market in these regions.
IMPACT OF COVID-19 ON 3D HIP AND KNEE IMPLANT MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
MARKET PLAYERS
The report covers key developments in the 3D hip and knee implant market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from 3D hip and knee implant market are anticipated to lucrative growth opportunities in the future with the rising demand for 3D hip and knee implant in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the 3D hip and knee implant market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
-Zimmer Biomet
-Stryker
-Smith and Nephew
-Aesculap
-Exactech
-Corin Orthopedics
-Johnson and Johnson Services
-DJO Global
-Micro Port Scientific Corporation
-3D Bioprinting Solutions
The Insight Partner's dedi3D hip and knee implanted research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.