From 2011 to 2015, sales of artificial joints in the world increased by 28%: from 17.3 million units to 22.1 million units. Each year, the natural sales increased in relation to the previous year by an average of 6.4%. The main factor in the growth of sales of artificial joints in the world is the aging population. Older people are the main consumers of joint replacement services. According to WHO, in 2015, the number of people over 60 years old was about 900 million people. It is expected that by 2050 the world's population over 60 years old will exceed 2 billion people. In this regard, the demand for the service to replace artificial joints will continue to grow steadily.
In 2015, the largest sales volume of artificial joints in the world was recorded in France - 2.83 million units (12.8%). The second country, where a significant amount of products were sold, in 2015 was the USA - 2.63 million units (11.9%). Germany ranked third - 2.55 million units (11.5). The share of these three countries in 2015 accounted for 36.2% of the total sales of artificial joints in the world.
BusinesStat estimates that natural sales of artificial joints in the world will continue to grow during the forecast period. From 2016 to 2020, their sales in the global market will increase by an average of 4.5% annually. In 2020, the volume of sales of artificial joints in the world will be 27.5 million units, which will exceed the level of 2015 by 24.4%.
“Analysis of the world market of artificial joints in 2011-2015, forecast for 2016-2020” includes the most important data necessary for understanding the current situation on the global market and assessing the prospects for its development:
Economy and population
Production of artificial joints
Sales of artificial joints
External and internal trade in artificial joints
Import and export of artificial joints
Foreign trade prices of artificial joints
The review provides current data on more than 100 countries of the world and a forecast on the 25 leading countries of the world market of artificial joints.
Leading countries: Australia, Austria, Belgium, Brazil, Great Britain, Germany, Ireland, Iceland, Spain, Italy, Canada, China, Lithuania, Netherlands, Portugal, Russia, United States of America, Thailand, Finland, France, Czech Republic, Chile, Switzerland, Sweden, Japan.
In preparing the review used statistical information:
United Nations Statistics Division
National Agencies and Compendia
International Trade Center
International Monetary Fund
Organization for Economic Cooperation and Development
World Trade Organization
Along with the official statistics, the review contains the results of BusinesStat research:
Analysis of open information on the market of artificial joints
Survey of medical industry experts
Categories: Consumer Products /.../ Medical Products / Prostheses
Industry /.../ Medical Products / Prostheses
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