Cementless stems are porous or coated implants used in total hip replacement. Through biologic fixation the bone tissues grows into the pores of the implant and secure it firmly. Cementless stems help reduce two major complications of hip replacement, namely, chances of infection and loosening of the prosthesis. The pores are designed to preserve the natural nutrition of femoral bone and facilitate rehabilitation by allowing for unrestricted blood flow. This helps develop a strong connection between the bone and implant, which reduces the friction in the intramedullary cavity and reduces the pain occurs in the hip post implantation.
There are different types of cementless neck stems available in market such as grit blasted, porous-coated, HA-coated and porous plus HA. These provide different features such as porous-coated design of cementless neck stems promotes bone ingrowth and 3-dimensional interlocking between the bone and implant, the HA-coated stems provide high strength and hydroxyapatite coating helps to secure fixation. The cementless neck stems provide increased motion of the stem within the artificial humeral head and artificial glenoid cavity.
A total hip replacement surgery is carried out in case of hip joint damage, rheumatoid arthritis, osteonecrosis, fracture and bone tumors, which may lead to hip breakdown and create need of hip replacement surgery.
According to the Centers for Disease Control and Prevention (CDC), in U.S. each year around 332,000 total hip replacements are performed. The percentage of cementless procedures is high among all procedures and it is expected that this will grow year-on-year which in turn the growth of cementless neck stems market around the globe.
Furthermore, NJR stats says that, out of all hip replacement procedures the percentage of cementless hip replacement varies according to age group and gender such as, in men cementless hip replacement is 50.8% in less than 55 year old, 51.6% in 55-64 year old, 42.2% in 65-74 year old and 28.8% in more than 75 year old. Also, in case of women it is 57.1% in less than 55 years old, 51% in 55-64 years old, 36.1% in 65-74 years old and 22.4% in more than 75 year old.
Cementless neck stems market taxonomy:
Global Market by Type of Procedure
Global Market by Age Group
Global Market by Gender
Global Market by Healthcare Facility Sector
Global Market by Geography
Rising prevalence of osteoarthritis and increase in hip replacement rate expected to fuel the growth of cementless neck stems market in the near future:
The prevalence of osteoarthritis is increasing due to increase in obese and aging population. As per United Nations, people over 60 years of age will account for over 20% of the world’s population by 2050. Of this, around 15% (130 million people) are projected to suffer from symptomatic osteoarthritis.
According to Organisation for Economic Cooperation and Development (OECD), in OECD countries, the rate of hip replacement is raised by 35% in between 2000 and 2013, furthermore, the highest hip replacement is observed in Switzerland, Germany and Austria in 2013.
Rise in number of hip replacement globally is expected to favor growth of the cementless neck stems market in the near future.
Developed regions major growth engines of the cementless neck stems market
The increasing hospitalization rate due to osteoarthritis and high awareness about available treatment in developed regions will drive the market in near the future. For instance, as per Australian Society of Orthopaedic Surgeons in Australia hospitalization rate with osteoarthritis increased to 415 in 2013-2014 from 362 in 2004-2005 per 100,000 population. Furthermore, in during 2003-2014, the revision hip replacement rate in private sector increased by 19.2% and in public sector by 33.8%.
North America holds major market share, followed by Europe and APAC region. APAC is projected to be the fastest growing region in the cementless neck stems industry over the forecast period. This is mainly attributed to the large population of people aged 20-65 in the region. Also, this growth is supported by developing healthcare infrastructure and increasing availability of healthcare facilities to perform the implantation.
Key players operating in the cementless neck stems market include Limacorporate S.p.a., DePuy Synthes, Smith & Nephew, Waldemar LINK GmbH & Co. KG, Altimed JSC, B. Braun Melsungen AG, DJO Global, Inc., Biotechni S.A.S, Imeco S.A. and Stryker.
Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:
In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.
Coherent Market Insights desk research is based on a principle set of research techniques:
Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:
Preliminary Data Mining
The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.
Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.
Coherent Statistical model
We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:
Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.
This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:
The primary research is conducted with the ecosystem players including, but not limited to:
Finding it difficult to find the research that would cater to your business demands? Give us a chance to help you. One of our Research Consultants will connect to provide a customized solution.[email protected]
Talk to our research consultant to design an exclusive report as per your research needs.
We aim to fulfil client's research demands with tailored research solutions.
We aim to provide research studies in quickest turnaround time and in a much cost effective manner.
We cover each industry from supply and demand side with an aim to provide a most holistic research study.
We strive to provide most accurate and reliable research findings in our research reports.