According to a newly released TMR report, the 

orthopaedic implants market will offer much to

smile about for investors during 2018-2026 period. The advent of new technologies like 3D
printing has improved the implant treatment significantly. Earlier, acquisitions of new implants
can take anywhere between 4-6 weeks. Additionally, conventional implants offered little room
for customization, and personalization. This was essential for children due to the sensitive
nature of their treatment. However, the advent of 3D printing, albeit a heavy investment,
promises to provide a bone for growth with considerably reduced turnaround times, and more
personalization opportunities.
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According to TMR experts, the market will likely grow at a notable 4.0% CAGR during the
forecast period, due to new innovations, expansion of healthcare in emerging regions, and
rising elderly population in the western world. Moreover, according to recent estimates, there
are over 2 million patients visit the emergency department for injuries from head trauma.
However, current manufacturing techniques has led to several product recalls, and
inefficiencies harmful for these patients. The advent of 3D printing not only promises to resolve
earlier issues, but also result in new opportunities such as organ transplantation

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Among regions, North America region will likely register highest revenues, thanks to increased
push for innovation by the FDA, growing investments in research and development by major
pharmaceuticals, and favourable winds for a more suitable reimbursement model. On the other
hand, Asia Pacific is likely to register the fastest CAGR, thanks to expanding access to
healthcare, and rising disposable income.

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Joint Replacement Products Continue to Spring Surprises with Robust Growth

Despite the growth of several product segments in the market including dental implants,
trauma implants, orthobiologics, the joint replacement product segment remains most vital to
growth. The joint replacement remains extremely positive in its outlook as demand for
minimally invasive surgeries continue to rise. The growth of elderly population, and programs
like MediCaid for medical aid, the segment continues to draw major growth. Among other
product segments, dental implants are expected to witness major growth, again thanks to
product innovations like new varieties of root canals, and more natural seeming tooth material.
The growth of the orthobiological and spinal implants will also provide impetus for market
growth during 2018-2028 period.
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Surge in Hip Replacement Procedures to Drive North America Region

Rise in illnesses such as osteoarthritis are expected to drive demand for orthopaedic implants in
the North America region. The disease is the most common form of arthritis, and affects the
largest single group, the rising elderly population in the region. According to Center for Disease
Control and Prevention (CDC), nearly 22.7% of the adult population suffers from doctor-
diagnoses arthritis. Moreover, the disease also affects women on average more as compared to
men. As women generally experienced longer life spans than men, the cases of arthritis may be
higher than expected. In 2014, over 400,000 hip and knee surgeries were conducted in United
States. The hospitalization of these treatment resulted in over $7 bn in costs to the taxpayers.
The high costs of hospitalization remains a challenge for growth. However, costs for new
product replacements are likely to even out in the near future as market in Asia Pacific, Latin
America, and Middle East & Africa promises more opportunities for growth.

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