North America Artificial Joints Market Growth and Analysis by 2027

Historic Data: 2017-2018   |   Base Year: 2019   |   Forecast Period: 2020-2027

North America 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 Geography

  • Report Date : Oct 2020
  • Report Code : TIPRE00015125
  • Category : Life Sciences
  • Status : Published
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 99
Page Updated: Feb 2021

The North America Artificial Joints market was valued at US$ 7,234.2 million in 2019 and is projected to reach US$ 11,440.2 million by 2027; it is expected to grow at a CAGR of 6.0% during the forecast period.

North America 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 associated with the artificial joint surgery is expected to hinder 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 a data published by CDC (Centers for Disease Control and Prevention) in 2020, an estimated 32.5 million Americans are suffering from osteoarthritis. 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 North America. The complete shutdown of businesses offering artificial joints in the United States and several other areas will cause the region's supply chain disruptions.

North America Artificial Joints Market Revenue and Forecast to 2027 (US$ Mn)

North America 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.

NORTH AMERICA 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

  • United States
  • Canada
  • Mexico

Company Profiles

  • Smith & Nephew
  • Stryker Corporation
  • Zimmer Biomet
  • Medtronic
  • Braun Melsungen AG
  • Colfax Corporation
  • Depuy Synthes (Johnson and Johnson Services, Inc.)
  • Exactech, Inc.
  • JRI Orthopaedics Limited
  • SAMO SpA

North America Artificial Joints Report Scope

Report Attribute Details
Market size in 2019 US$ 7,234.2 Million
Market Size by 2027 US$ 11,440.2 Million
Global CAGR (2019 - 2027) 6.0%
Historical Data 2017-2018
Forecast period 2020-2027
Segments Covered By Type
  • Cemented Joints
  • Non-Cemented Joints
By Material
  • Ceramics
  • Alloys
  • Oxinium
By Application
  • Artificial Joints of Knee
  • Artificial Joints of Hip
  • Artificial Joints of Shoulder
By End User
  • Hospitals
  • Ambulatory Care Centers
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Market leaders and key company profiles
  • Smith & Nephew
  • Stryker Corporation
  • Zimmer Biomet
  • Medtronic
  • Braun Melsungen AG
  • Colfax Corporation
  • Depuy Synthes (Johnson and Johnson Services, Inc.)
  • Exactech, Inc.
  • JRI Orthopaedics Limited
  • Mrinal Kerhalkar
    Manager,
    Market Research & Consulting

    Mrinal is a seasoned research analyst with over 8 years of experience in Life Sciences Market Intelligence and Consulting. With a strategic mindset and unwavering commitment to excellence, she has built deep expertise in pharmaceutical forecasting, market opportunity assessment, and developing industry benchmarks. Her work is anchored in delivering actionable insights that empower clients to make informed strategic decisions.

    Mrinal’s core strength lies in translating complex quantitative datasets into meaningful business intelligence. Her analytical acumen is instrumental in shaping go-to-market (GTM) strategies and uncovering growth opportunities across the pharmaceutical and medical device sectors. As a trusted consultant, she consistently focuses on streamlining workflow processes and establishing best practices, thereby driving innovation and operational efficiency for her clients.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

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