Femoral Stems Market by Fixture and Geography - Global Forecast and Analysis 2019-2023

Published: Aug 2019 Pages: 129 SKU: IRTNTR31917

The global femoral stems market size will grow by USD 378.6 million. This market report provides a detailed analysis of the market by fixture (cementless femoral stems and cemented femoral stems) and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on many femoral stem manufacturers, including B. Braun Melsungen AG, Johnson & Johnson Services Inc., Smith & Nephew Plc, Stryker Corp., and Zimmer Biomet Holdings Inc.

Key Insights on Femoral Stems Market – Global Forecast 2019-2023

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Industry Overview

Over the past few years, femoral stem manufacturers have increased their R&D efforts to offer products with advanced designs and materials. This has made femoral stems more dependable, durable, and long-lasting. Manufacturers are introducing tapered titanium stems that are easy to insert and exert less pressure on bones. These femoral stems can be used in various patient types, including those with obesity, inflammatory arthritis, or osteopenic bone. Certain market vendors are offering porous-coated femoral stems that increase surface area contact between the bone and the component. These stems enable more bony ingrowth and result in a stable long-term fixation. Many such advancements are expected to increase the adoption of femoral stems, thereby driving the growth of the global femoral stems market size during the forecast period.

The rising demand for short stems among young patients is one of the major femoral stems market trends that will gain traction over the next few years. The rising number of hip replacement surgeries among young and active patients have increased the demand for implants that are more durable, highly functional, and amenable for future successful revision. To overcome drawbacks associated with conventional femoral stems such as anterior thigh pain and loss of bone stock, medical professionals prefer short femoral stems. Short femoral stems require minimal invasive surgeries and less bone removal during the primary THR. They eliminate anterior thigh pain and proximal-distal mismatch and facilitate more physiological proximal bone loading. Because of such advantages, the demand for short femoral stems has increased among young patients. As a result of these factors, the femoral stems market will register a CAGR of nearly 4% during 2019-2023.

Top Companies in Femoral Stems Market

The global market is moderately concentrated. To help clients improve their market positions, this femoral stems market forecast report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. This femoral stems market analysis report also includes information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.

The report offers a detailed analysis of leading femoral stem manufacturers, including:

  • B. Braun Melsungen AG
  • Johnson & Johnson Services Inc.
  • Smith & Nephew Plc
  • Stryker Corp.
  • Zimmer Biomet Holdings Inc.

Market Segmentation

Femoral Stems Market by Fixture

  • Cementless femoral stems
  • Cemented femoral stems

The cementless femoral stems segment held the largest market share in 2018. It will account for the highest femoral stems market share over the forecast period. Many end-users prefer cementless femoral stems as they allow bone regeneration and can adapt to various bone structures. Significant improvements in terms of stem design, surgical technique, and instrumentation have made them highly successful, reproducible, and applicable to a range of patients requiring a THR procedure. Because of such advantages, a majority of patients prefer cementless femoral stems. This report provides an accurate prediction of the contribution of all the segments to the growth of the femoral stems market size.

Femoral Stems Market by Geography

  • Asia
  • Europe
  • North America
  • ROW

With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest share of the femoral stems market throughout the forecast period. Factors such as the availability of improved healthcare infrastructure, the growing prevalence of orthopedic disorders and related risk factors, and the rising number of hip replacement surgeries have increased the use of femoral stems in the region. Moreover, the reimbursement coverage for hip replacement surgeries offered by the Centers for Medicare and Medicaid Services is fueling the femoral stems market growth in North America.

Major Highlights of the Femoral Stems Market - Global Forecast 2019-2023

  • CAGR of the market during the forecast period 2019-2023
  • Detailed information on factors that will accelerate the growth of the femoral stems market during the next five years
  • Precise estimation of the global femoral stems market size and its contribution to the parent market
  • Accurate femoral stems market forecast on upcoming trends and changes in consumer behavior
  • The growth of the femoral stems industry across Asia, Europe, North America, and ROW
  • A thorough analysis of the market’s competitive landscape and detailed information on several vendors
  • Comprehensive details of factors that will challenge the growth of femoral stem manufacturers

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PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

  • 2.1 Preface
  • 2.2 Preface
  • 2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 04: MARKET SIZING

  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

PART 06: MARKET SEGMENTATION BY FIXTURE

  • Market segmentation by fixture
  • Comparison by fixture
  • Cementless femoral stems - Market size and forecast 2018-2023
  • Cemented femoral stems - Market size and forecast 2018-2023
  • Market opportunity by fixture

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

  • Geographic segmentation
  • Geographic comparison
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • Asia - Market size and forecast 2018-2023
  • ROW - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Increasing focus on robotic hip replacement surgeries
  • Increasing demand for short stems among young patients
  • Increasing number of femoral stem replacement procedures

PART 12: VENDOR LANDSCAPE

  • Overview
  • Landscape disruption

PART 13: VENDOR ANALYSIS

  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • B. Braun Melsungen AG
  • Johnson & Johnson Services Inc.
  • Smith & Nephew Plc
  • Stryker Corp.
  • Zimmer Biomet Holdings Inc.

PART 14: APPENDIX

  • Research methodology
  • List of abbreviations
  • Definition of market positioning of vendors

PART 15: EXPLORE TECHNAVIO

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Key Questions Answered

  • What are the key global market and the regional market share?
  • What are the revenue-generating key market segments?
  • What are the key factors driving and challenging this market’s growth?
  • Who are the key market vendors and their growth strategies?
  • What are the latest trends influencing the growth of this market?
  • What are the variables influencing the market growth in the primary regions?
  • What are the factors influencing the growth of the parent market?

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