The Asia-Pacific orthopedic large joint replacement device market was valued at $2 billion in 2015, according to an iData Research report.
Here are six trends:
1. Zimmer Biomet leads the Asia-Pacific large joint replacement device market, followed by Stryker.
2. Zimmer Biomet has a majority share in the knee replacement segment of the market in the region. Its products include the Persona and NexGen PLS Flex and Mobile total knees.
3. Stryker has a majority in the hip replacement segment with its Exeter and Triathlon line of products.
4. DePuy Synthes is the third leading competitor in the orthopedic joint replacement device market.
5. The knee replacement is the fastest growing market segment. This is due to the aging population and high osteoarthritis hip and knee incidence rates in the Asia-Pacific region.
6. Australia, Japan and South Korea are trending towards the use of cementless devices.