Key trends prevailing in the Indian orthopedic implants market includes adoption of Customized Knee Replacement Surgery using 3D Printing, Robotic-Assisted Knee Arthroplasty Systems and Price Cap on Knee Implants in India. The report ?Indian Orthopedic Reconstruction/Implants (Knee, Hip, Trauma & Spine) Market 2022? provides an in-depth analysis of global as well as Indian orthopedic implants market focusing on major segments such as knee, hip, trauma and spine implants. Market outlook for overall orthopedic implants as well as aforementioned sub-segments has been provided for the period 2017-22.
The report provides comprehensive coverage on major industry drivers, restraints, and their impact on market growth during the forecast period. Furthermore, the study encompasses various market specific growth opportunities in Indian orthopedic implants market.
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The report has been segmented as following:-
Market Segmentation
? Orthopedic Implants
? Knee Implants
? Hip Implants
? Trauma & Spine
Key Vendors – MNCs
? Stryker Corporation
? Zimmer Biomet Holdings, Inc.
? Smith & Nephew
? DePuy Synthes
Key Vendors – Indian
? Narang Medical Limited
? GPC Medical Ltd.
? Apothecaries Sundries Mfg. Co. (ASCO) Medical
Orthopaedic implants are medical devices or tissues that are placed inside human body for replacement of missing joint or bone or to provide support to damaged bone. Orthopedic implant market can be broadly divided into three major segments: Trauma & Spine, Knee and Hip on the basis of the area of treatment. Indian orthopedic implant market has been made unprecedented progress in near past and is further projected to grow at meteoric growth rate in the upcoming years. More than 200,000 joint replacement surgeries takes place in India every year. By end of the year 2025, India is expected to have the highest number of joint replacement surgeries in the world.
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Rapid advancement of orthopaedic devices in India is fuelled by rising incidences of osteoarthritis cases in India, ageing population, increasing access to healthcare facilities, adoption of minimally invasive surgeries and promotion of medical tourism in the nation. The market is expected to gain considerable impetus from recent government intervention which has mandated capping of knee implant prices. However, certain factors such as high procedure cost, lack of awareness about implants, incongruent implant designs and lack of domestic regulatory framework has been hindering growth of the market
The report ?Indian Orthopaedic Reconstruction/Implants (Knee, Hip, Trauma & Spine) Market 2022? provides information on the current scenario, detailed market outlook of the Indian orthopedic implant market. It further provides detailed analysis of various sub-segments such as Hip implant, Knee implants, Trauma and Spine implants. Future forecasts of Indian orthopedic implants market overall and across various sub-segments till 2022 is provided in the report. Furthermore, major industry players, both international and domestic, have been prudently analyzed in the competitive landscape section of the report in order to provide key comparative insights.
Major international industry players operating in the Indian orthopaedic reconstruction/implant market includes international players such as Stryker Corporation, Zimmer Biomet Holdings, Smith & Nephew, DePuy Synthes, among others. Prominent Indian industry players include Narang Medical Limited, GPC Medical Ltd. and Apothecaries Sundries Mfg. Co. (ASCO) Medical.
These players are profiled herein based on attributes such as business overview, product segments and financial analysis. It also compiles performance comparison of aforementioned companies and other leading companies in the segment based on various parameters in the competitive landscape section. In totality, the report provides detailed market analysis, with relevant forecasted data supported by key market dynamics. This information will be helpful in evaluating opportunities in global as well as Indian orthopaedic implants market.
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