Latest Report Update: Mar 1, 2021

World - Artificial Joints For Orthopedic Purposes - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Global Orthopedic Artificial Joints Market Overview 2021

Orthopedic Artificial Joints Market Size

The global orthopedic artificial joints market reached $X in 2019, standing approx. at the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2011 when the market value increased by X% y-o-y. Over the period under review, the global market reached the maximum level in 2019 and is likely to see gradual growth in years to come.

Orthopedic Artificial Joints Production

In value terms, orthopedic artificial joints production rose to $X in 2019 estimated in export prices. The total output value increased at an average annual rate of +X% over the period from 2007 to 2019; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2016 when the production volume increased by X% y-o-y. Over the period under review, global production attained the peak level in 2019 and is likely to continue growth in years to come.

Production By Country

The countries with the highest volumes of orthopedic artificial joints production in 2019 were China (X tonnes), the U.S. (X tonnes) and Ireland (X tonnes), together comprising X% of global production.

From 2007 to 2019, the most notable rate of growth in terms of orthopedic artificial joints production, amongst the key producing countries, was attained by Ireland, while orthopedic artificial joints production for the other global leaders experienced more modest paces of growth.

Orthopedic Artificial Joints Exports

Exports

Global orthopedic artificial joints exports rose sharply to X tonnes in 2019, with an increase of X% compared with the previous year's figure. In general, total exports indicated strong growth from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2017 indices. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. Over the period under review, global exports hit record highs at X tonnes in 2016; however, from 2017 to 2019, exports remained at a lower figure.

In value terms, orthopedic artificial joints exports rose notably to $X in 2019. Over the period under review, total exports indicated prominent growth from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports increased by +X% against 2007 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Global exports peaked in 2019 and are likely to see gradual growth in years to come.

Exports by Country

The U.S. (X tonnes) and Ireland (X tonnes) represented roughly X% of total exports of artificial joints for orthopedic purposes in 2019. Switzerland (X tonnes) ranks next in terms of the total exports with a X% share, followed by the UK (X%), France (X%) and Germany (X%). The Netherlands (X tonnes) occupied a relatively small share of total exports.

From 2007 to 2019, the biggest increases were in Ireland, while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Ireland ($X) and Switzerland ($X) were the countries with the highest levels of exports in 2019, with a combined X% share of global exports. Germany, France, the Netherlands and the UK lagged somewhat behind, together accounting for a further X Netherlands recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

The average orthopedic artificial joints export price stood at $X per tonne in 2019, flattening at the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of X% year-to-year. Over the period under review, average export prices reached the peak figure at $X per tonne in 2018, and then shrank modestly in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the UK ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Orthopedic Artificial Joints Imports

Imports

For the fourth consecutive year, the global market recorded growth in supplies from abroad of artificial joints for orthopedic purposes, which increased by X% to X tonnes in 2019. In general, total imports indicated a remarkable increase from 2007 to 2019: its volume increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, imports increased by +X% against 2007 indices. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Global imports peaked in 2019 and are expected to retain growth in years to come.

In value terms, orthopedic artificial joints imports amounted to $X in 2019. Overall, imports posted a resilient increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% against the previous year. Global imports peaked in 2019 and are expected to retain growth in the immediate term.

Imports by Country

The U.S. (X tonnes), Belgium (X tonnes) and the Netherlands (X tonnes) represented roughly X% of total imports of artificial joints for orthopedic purposes in 2019. The UK (X tonnes) took a X% share (based on tonnes) of total imports, which put it in second place, followed by Ireland (X%), France (X%) and China (X%). Germany (X tonnes), Switzerland (X tonnes), Italy (X tonnes), Australia (X tonnes) and Spain (X tonnes) followed a long way behind the leaders.

From 2007 to 2019, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by the Netherlands, while imports for the other global leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported artificial joints for orthopedic purposes worldwide, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by France, with a X% share.

In the U.S., orthopedic artificial joints imports expanded at an average annual rate of +X% over the period from 2007-2019. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and France (+X% per year).

Import Prices by Country

In 2019, the average orthopedic artificial joints import price amounted to $X per tonne, remaining stable against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2011 when the average import price increased by X% year-to-year. Global import price peaked at $X per tonne in 2017; however, from 2018 to 2019, import prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Italy ($X per tonne), while Ireland ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by France, while the other global leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for artificial joints for orthopedic purposes in the world?
+
China (4.7K tonnes) constituted the country with the largest volume of orthopedic artificial joints consumption, accounting for 25% of total volume. Moreover, orthopedic artificial joints consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (2K tonnes), twofold. Belgium (1.7K tonnes) ranked third in terms of total consumption with a 9.2% share.
What are the largest producers of artificial joints for orthopedic purposes in the world?
+
The countries with the highest volumes of orthopedic artificial joints production in 2019 were China (4.4K tonnes), the U.S. (2.2K tonnes) and Ireland (2.2K tonnes), with a combined 55% share of global production.
What are the leading suppliers of artificial joints for orthopedic purposes in the world?
+
In value terms, the largest orthopedic artificial joints supplying countries worldwide were the U.S. ($2.6B), Ireland ($1.7B) and Switzerland ($1.3B), together accounting for 59% of global exports. These countries were followed by Germany, France, the Netherlands and the UK, which together accounted for a further 29%.
What are the leading importers of artificial joints for orthopedic purposes in the world?
+
In value terms, the U.S. ($2.9B) constitutes the largest market for imported artificial joints for orthopedic purposes worldwide, comprising 26% of global imports. The second position in the ranking was occupied by the Netherlands ($1.1B), with a 9.9% share of global imports. It was followed by France, with a 6.6% share.
What is the average export price for artificial joints for orthopedic purposes in the world?
+
The average orthopedic artificial joints export price stood at $745,627 per tonne in 2019, approximately equating the previous year.
What is the average import price for artificial joints for orthopedic purposes in the world?
+
In 2019, the average orthopedic artificial joints import price amounted to $722,149 per tonne, stabilizing at the previous year.

Product coverage:
• Prodcom 32502235 - Artificial joints

This report provides an in-depth analysis of the global orthopedic artificial joints market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.



Data coverage:
• Global market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Global production, split by region and country
• Global trade (exports and imports)
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

United States
China
Japan
Germany
United Kingdom
France
Brazil
Italy
Russian Federation
India
Canada
Australia
Republic of Korea
Spain
Mexico
Indonesia
Netherlands
Turkey
Saudi Arabia
Switzerland
Sweden
Nigeria
Poland
Belgium
Argentina
Norway
Austria
Thailand
United Arab Emirates
Colombia
Denmark
South Africa
Malaysia
Israel
Singapore
Egypt
Philippines
Finland
Chile
Ireland
Pakistan
Greece
Portugal
Kazakhstan
Algeria
Czech Republic
Qatar
Peru
Romania
Vietnam
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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