Global Joint Spacer Systems Market Analysis By Product type, By End-user, Trends, Key Player, Growth & Forecast till 2031
Global Joint Spacer Systems Market
In 2021, the market for Joint Spacer Systems worldwide was
worth $0.34 billion US dollars. AMR Group projects that the market will reach
US$ 0.79 billion by 2031, growing at a CAGR of 10.3 percent between 2022 and
2031.
Industry Overview
Joint spacer systems are medical devices used to
manage joint infections, particularly in the knee and hip joints. They are
temporary spacers that are placed in the joint space between the bones to
maintain joint alignment and preserve the joint's function during treatment of
the infection. Joint infections can be caused by bacteria or other
microorganisms that enter the joint space during surgery, trauma, or from an
underlying condition such as rheumatoid arthritis.
The
infection can cause damage to the joint, leading to pain, inflammation, and
difficulty moving the joint. Joint spacer systems are typically made of
antibiotic-impregnated cement or polymers that release antibiotics to help
fight the infection. The spacers are also designed to maintain the joint space,
prevent bone and soft tissue loss, and allow for the joint to remain mobile
during treatment.
Joint
spacer systems are typically used as a temporary solution while the patient
undergoes antibiotic therapy to treat the infection. Once the infection is
cleared, the spacer can be removed, and the joint can be replaced with a
prosthetic joint, if necessary. Overall, joint spacer systems are critical
medical devices that can help manage joint infections and preserve joint
function. They are an important tool in the orthopedic surgeons toolkit for
managing joint infections, particularly in patients who are not good candidates
for immediate joint replacement surgery.
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COVID Impact
The COVID-19 pandemic has had a mixed impact on
the joint spacer systems market. While the market has experienced a slight
decline due to the postponement of non-urgent surgeries, the demand for joint
spacer systems has increased due to the rising incidence of joint infections
caused by COVID-19. Many hospitals and clinics have postponed non-urgent
surgeries to prioritize COVID-19 patients and reduce the risk of infection
transmission. This has led to a decline in the joint spacer systems market in
the short term.
However,
as the situation improves, the demand for joint spacer systems is expected to
rebound as postponed surgeries are rescheduled. On the other hand, COVID-19 has
also led to an increase in the incidence of joint infections. Studies have
shown that COVID-19 patients are at an increased risk of developing secondary
bacterial infections, including joint infections. This has led to an increased
demand for joint spacer systems to manage joint infections caused by COVID-19.
The pandemic has also led to changes in the supply chain of joint spacer
systems, with disruptions in the production and distribution of medical devices.
Market
Segmentation:
Product type:
a. Cemented spacers
b. non-cemented spacers
c. Resorbable spacers
d. Antibiotic spacers
End-user:
a. Hospitals
b. Ambulatory surgical centers
c. Specialty clinics
d. Others
Some of the key players in the market include:
Zimmer Biomet
Stryker Corporation
DJO Global
Exactech, Inc.
Tecres S.p.A
Biocomposites Ltd
DePuy Synthes
Regional Analysis:
The joint spacer systems market can be analyzed on a regional
basis to gain insight into the market dynamics in different regions.
North America is
the largest market for joint spacer systems, driven by the high prevalence of
joint infections, the growing aging population, and the favorable reimbursement
policies for joint replacement surgeries. The region is expected to continue to
dominate the market in the coming years, driven by the increasing demand for
joint replacement surgeries and the adoption of advanced joint spacer systems.
Europe is also a significant market for
joint spacer systems, driven by factors such as the rising prevalence of joint
infections and the increasing demand for joint replacement surgeries. The
region is characterized by a high level of technological advancement, and
manufacturers are investing in developing advanced joint spacer systems to meet
the growing demand.
The Asia Pacific region is
expected to be the fastest-growing market for joint spacer systems due to
factors such as the rising prevalence of joint infections, the growing aging
population, and the increasing adoption of advanced medical technologies. The
region is also characterized by the presence of a large patient population and
a growing demand for joint replacement surgeries.
Latin America and the Middle East and Africa
regions are also expected to experience significant
growth in the joint spacer systems market due to factors such as the rising
prevalence of joint infections and the increasing adoption of advanced medical
technologies. Overall, the global joint spacer systems market is characterized
by a high level of competition, with several manufacturers operating in the
market.
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• Qualitative and quantitative analysis of the
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factors.
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Provision of market value (USD Billion) data for each segment and sub-segment.
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Indicates the region and segment that is expected to witness the fastest growth
as well as to dominate the market.
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Analysis by geography highlighting the consumption of the product/service in
the region as well as indicating the factors that are affecting the market
within each region.
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Competitive landscape which incorporates the market ranking of the major
players, along with new service/product launches, partnerships, business
expansions, and acquisitions in the past five years of companies profiled.
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Extensive company profiles comprising of company overview, company insights,
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current as well as the future market outlook of the industry with respect to
recent developments which involve growth opportunities and drivers as well as
challenges and restraints of both emerging as well as developed regions.
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Includes in-depth analysis of the market of various perspectives through
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Provides insight into the market through Value Chain.
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Key Points
• The analysis provides an overview
of the factors driving and limiting the growth of the market including trends,
structure and others.
• Market estimation for type and
geographic segments is derived from the current market scenario and expected
market trends.
• Porter’s Five Force Model and SWOT
analysis are used to study the global Dextrose Injection market and would help
stakeholders make strategic decisions.
• The analysis assists in
understanding the strategies adopted by the companies for the growth of this
market.
• In-depth analysis of the types of
Dextrose Injection would help in identifying future applications in this
market.
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