About this market
Technavio's femoral stems market analysis considers sales from both cementless femoral stems and cemented femoral stems. Our analysis also considers the sales of femoral stems in Asia, Europe, North America, and ROW. In 2018, the cementless femoral stems segment had a significant market share, and this trend is expected to continue over the forecast period. Factors such as bone regeneration and their ability to adapt to different bone structures will play a significant role in the cementless femoral stems segment to maintain its market position. Also, our global femoral stems market report looks at factors such as the increasing prevalence of OA, osteoporosis, and RA, increasing number of hip replacement surgeries, and advances in the femoral stem. However, high cost of hip replacement surgeries and declining reimbursements, shortage of skilled orthopedic surgeons, and limitations of femoral stems may hamper the growth of the femoral stems industry over the forecast period.
Advances in femoral stems
Femoral stems have undergone significant improvements in terms of material and design. The use of tapered titanium stems has outplaced coated cobalt-chromium stems. Tapered titanium stems offer ease of insertion, less-stress shielding, less blood loss, less thigh pain, leading to short hospital stays. Thus, manufacturers have increased R&D efforts to introduce femoral stems with advanced designs and materials, making them more durable, long-lasting, and dependable. This will lead to the expansion of the global femoral stems market at a CAGR of nearly 4% during the forecast period.
The increasing demand for short stems among young patients
As many young and active patients are undergoing hip replacement, there is an increasing demand for implants that are durable, highly functional, and amenable for future successful revision. Short stems can be easily inserted through minimally inserted surgeries (MIS) and require less bone removal. They reduce or eliminate anterior thigh pain, facilitate physiological proximal bone loading providing better pain relief, radiographic stability, and improved functions. This development is expected to have a positive impact on the overall market growth.
For the detailed list of factors that will drive the global femoral stems market during the forecast period 2019-2023, view our report.
With the presence of several major players, the global femoral stems market is moderately concentrated. Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of few leading femoral stems manufacturers, that include B. Braun Melsungen AG, Johnson & Johnson Services Inc., Smith & Nephew Plc, Stryker Corp., Zimmer Biomet Holdings Inc.
Also, the femoral stems market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
TABLE OF CONTENTS
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
- 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