Middle East and Africa Artificial Joints Market Growth Opportunities and Forecast by 2027
Middle East and Africa Artificial Joints Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Cemented Joints, Non-Cemented Joints); Material (Ceramics, Alloys, Oxinium, Others); Application (Artificial Joints of Knee, Artificial Joints of Hip, Artificial Joints of Shoulder, Others); End User (Hospitals, Ambulatory Care Centers, Other End Users) and CountryMiddle East and Africa Artificial Joints Market Forecast to 2027 - COVID-19 Impact and Regional Analysis by Type (Cemented Joints, Non-Cemented Joints); Material (Ceramics, Alloys, Oxinium, Others); Application (Artificial Joints of Knee, Artificial Joints of Hip, Artificial Joints of Shoulder, Others); End User (Hospitals, Ambulatory Care Centers, Other End Users) and Country
- Status : Published
- Report Code : TIPRE00016211
- Category : Life Sciences
- No. of Pages : 100
- Available Report Formats :
- Last update date : November 11, 2020
2019 Market Size
US$ 1,003.85 Mn
Base year value
2027 Forecast
US$ 1,430.74 Mn
Projected by 2027
CAGR 2020-2027
4.6 %
Growth rate
Addressable Market
US$ 9,884.50 Mn
(2020-2027)
The Middle East and Africa Artificial Joints market was valued at US$ 1,003.85 million in 2019 and is projected to reach US$ 1,430.74 million by 2027; it is expected to grow at a CAGR of 4.6% during the forecast period.
Middle East and Africa Artificial Joints market is expected to grow due to factors such as to increasing prevalence of bone and joint conditions, increasing prevalence of obesity, and rising government support by introducing guidelines for regenerative medicines. However, high cost and complications like prosthetic joint infections, associated with the artificial joint surgery is expected to hinder Middle East and Africa Artificial Joints market growth.
An artificial joint is a device used in orthopedic surgery procedures in which an arthritic or dysfunctional joint surface is surgically replaced. Extensively increasing geriatric population coupled with sedentary lifestyle are the most prevalent conditions for the growth of bone and joint diseases worldwide. According to the International Osteoporosis Foundation, the Middle East and Africa register the highest incidences of rickets worldwide. Such massive prevalence of bone and joint defects are estimated to have positive impact on the demand of bone replacement procedures, which will eventually drive the market growth during the forecast period. Also, a rising number of sports injuries among athletes is also anticipated to have an impact on the growth of the market by certain extent.
However, due to the negative impact of COVID-19, health care systems are overburdened, and the medical care delivery to all patients has become a challenge in Middle East and Africa. The complete shutdown of businesses offering artificial joints in the South Africa and several other areas will cause the region's supply chain disruptions.
Middle East and Africa Artificial Joints Market Revenue and Forecast to 2027 (US$ Mn)
- This FREE sample will include data analysis, ranging from market trends to estimates and forecasts.
Middle East and Africa ARTIFICIAL JOINTS MARKET SEGMENTATION
By Type
• Cemented Joints• Non-Cemented Joints
By Material
• Ceramics• Alloys
• Oxinium
• Others
By Application
• Artificial Joints of Knee• Artificial Joints of Hip
• Artificial Joints of Shoulder
• Others
By End User
• Hospital• Ambulatory Care Centers
• Others
By Country
- UAE
- Saudi Arabia
- South Africa
- Rest of Middle East and Africa
Company Profiles
- Smith & Nephew
- Stryker Corporation
- Zimmer Biomet
- Medtronic
- Braun Melsungen AG
- Colfax Corporation
- Depuy Synthes (Johnson and Johnson Services, Inc.)
Middle East and Africa Artificial Joints Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2019 | US$ 1,003.85 Million |
| Market Size by 2027 | US$ 1,430.74 Million |
| CAGR (2019 - 2027) | 4.6% |
| Historical Data | 2017-2018 |
| Forecast period | 2020-2027 |
| Segments Covered |
By Type
|
| Regions and Countries Covered |
Middle East and Africa
|
| Market leaders and key company profiles |
|
- Comprehensive Market Sizing and Forecast Analysis
- Detailed Segmentation Analysis
- In-Depth Market Dynamics Assessment
- Regional and Country-Level Insights
- Competitive Landscape and Company Benchmarking
- Strategic Business Intelligence
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