Large-Joint Reconstructive Implants – Market Insights – United States

The COVID-19 pandemic has significantly impacted the US large-joint reconstructive implant market, as regional restrictions on elective procedures resulted in delays to hip and knee replacement procedures and declining unit sales. Resurging cases at the end of 2020 resulting in new restrictions have impacted procedures into 2021. Recovery of the market will depend on a number of factors, including the ability of facilities to return to pre-pandemic capacity and the pace of vaccine distribution in the US. Although the crisis has significantly impacted the market in the short-term, other factors will continue to drive market growth in the long-term. Demand for better patient outcomes will drive the uptake of novel technologies such as patient-conforming and 3-D printed implants, robotic- and navigation-assisted surgeries, and minimally invasive techniques, supporting the expansion of the US large-joint reconstructive implant market. However, downward pricing pressures driven by bundled payment initiatives such as the CJR and BPCI Advanced models, growing outpatient joint replacement volumes, and the increasing influence of GPOs will limit overall revenue potential to some degree.

This Medtech 360 Report provides comprehensive data and analysis on the current state of the market for large-joint reconstructive implants in the US across a 10-year period.

The COVID-19 pandemic has resulted in both short-term and long-term impacts on markets for devices used in elective procedures, including hip and knee reconstructive implants.

How were procedure volumes in different segments of the market affected by the crisis?

How are competitors preparing for the return of postponed procedures? 

Which market impacts and adaptations are here to stay?

When will each segment of the market return to levels seen prior to the pandemic?

The ongoing site-of-service shifts in the large-joint reconstructive implant are accelerating rapidly.

How has the COVID-19 pandemic affected the shift away from inpatient setting?

Which procedures are seeing an increasing shift to outpatient settings?

How will differing reimbursement rates in hospital versus nonhospital settings affect product choices and treatment approaches?

How can companies tailor their strategies to cater to the needs of hospital outpatient departments and ASCs?

What technologies are being developed to enable shorter surgery and recovery times in outpatient settings?

Technological innovation will have a significant impact on the US large-joint reconstruction market.

What has driven the recent innovations in robotics from major competitors in the large-joint reconstructive implant space?

How are companies reacting to the trends surrounding robotic assistance, navigation technologies, and personalized implants?

How important is clinical data to the adoption of newer materials and technologies in this space, given the large number of recalls and lawsuits against device manufacturers?

How are innovative technologies and value-based solutions affecting market share shifts?

The implementation of bundled payment models such as the CJR and BPCI Advanced models will heavily influence the large-joint reconstructive implant market in the US.

How do the CJR and BPCI Advanced models differ from each other? 

How will the risk profile of patients in different sites of service change with the introduction of these models? 

How will physician treatment practices change in response to bundled payment models?

How will product mix, procedure volumes, and ASPs be affected by bundled payment models?

What strategies are companies employing to succeed with the expansion of these models?

As the market shifts toward value-based incentives, health care providers and orthopedic manufacturers are adopting new strategies to improve patient outcomes based on total episodes of care.

What are the current purchasing priorities of health care facilities?

How are health care facilities adding value to preoperative and postoperative care?

What strategies and added services are orthopedic manufacturers adopting in response to shifting hospital demands?

Table of contents

  • Large-Joint Reconstructive Implants - Market Insights - United States
    • Abstract
    • Executive Summary
      • COVID-19 Updates
        • Market Highlights
          • Factors Impacting the Large-Joint Reconstructive Implant Market, by Anatomy, US
          • Large-Joint Reconstructive Implant Market, by Anatomy, US (USD), 2019u20132030
          • Large-Joint Reconstructive Implant Market Landscape, US (USD), 2020 and 2030
        • Competitive Highlights
          • Competitive Factors and Strategies, by Anatomy, US
          • Large-Joint Reconstructive Implant Revenue Market Share Rankings, by Anatomy, US, 2020
          • Companies Mentioned
        • Market Developments
          • Recent Events in the Large-Joint Reconstructive Implant Market, US
          • Key Clinical Trials in the Large-Joint Reconstructive Implant Market, US
          • Emerging Products for the Large-Joint Reconstructive Implant Market, US
        • Procedures Covered
          • Large-Joint Reconstructive Implant Procedures Covered, US
        • Products Covered
          • Large-Joint Reconstructive Implants Covered, US
      • Key Report Updates
        • COVID-19 Analysis
          • Market Impact
            • COVID-19 Impact Assessment Summary, Large-Joint Reconstructive Implant Market, US
          • Major Market Forecast Changes and Assumptions
            • Large-Joint Reconstructive Implant Market, by Anatomy, US (USD), 2019u20132030 (Excluding COVID-19 Impact)
            • Large-Joint Reconstructive Implant Market, by Anatomy, US (USD), 2019u20132030 (Including COVID-19 Impact)
          • Competitive Impact
            • COVID-19 Competitive Factors and Strategies, Large-Joint Reconstructive Implants, US
            • COVID-19 Financial Impact and Competitor Insights
        • Large-Joint Reconstructive Implant Market
          • Market Highlights
            • Factors Impacting the Large-Joint Reconstructive Implant Market, by Anatomy, US
            • Large-Joint Reconstructive Implant Market, by Anatomy, US (USD), 2019u20132030
          • Market Definitions
            • Market Forecast Data
              • Large-Joint Reconstructive Implant Procedures, by Anatomy, US, 2019u20132030
              • Large-Joint Reconstructive Implant Procedures, by Site of Service, US, 2019u20132030
              • Hospital-Based Large-Joint Reconstructive Implant Procedures, by Site of Service, US, 2019u20132030
              • Large-Joint Reconstructive Implant Market, by Anatomy, US (USD), 2019u20132030
            • Competitive Highlights
              • Market Shares
                • Large-Joint Reconstructive Implant Revenue Market Shares, US, 2020
                • Large-Joint Reconstructive Implant Revenue Market Shares, by Anatomy, US, 2020
              • Competitive Factors and Strategies
                • Competitive Factors and Strategies, by Anatomy, US
              • Market Developments
                • Recent Events in the Large-Joint Reconstructive Implant Market, US
                • Key Clinical Trials in the Large-Joint Reconstructive Implant Market, US
                • Emerging Products for the Large-Joint Reconstructive Implant Market, US
            • Reconstructive Knee Implant Market
              • Market Highlights
                • Reconstructive Knee Implant Market, by Product Type, US (USD), 2019u20132030
              • Market Definitions
                • Market Forecast Data
                  • Reconstructive Knee Implant Procedures, by Product Type, US, 2019u20132030
                  • Reconstructive Knee Implant Procedures, by Technique, US, 2019u20132030
                  • Reconstructive Knee Implant Procedures, by Site of Service, US, 2019u20132030
                  • Hospital-Based Reconstructive Knee Implant Procedures, by Site of Service, US, 2019u20132030
                  • Reconstructive Knee Implant Market, by Product Type, US (USD), 2019u20132030
                  • Reconstructive Knee Implant Market Growth, by Product Type, US, 2020u20132030
                  • Primary TKA Implant Procedures, by Approach, US, 2019u20132030
                  • Primary TKA Implant Market, by Fixation Type, US (USD), 2019u20132030
                  • Primary TKA Implant Market Growth, by Fixation Type, US, 2020u20132030
                  • Primary TKA Implant Market, by Product Feature, US (USD), 2019u20132030
                  • Primary TKA Implant Market Growth, by Product Feature, US, 2020u20132030
                  • Revision Knee Implant Market, by Procedure Type, US (USD), 2019u20132030
                  • Revision Knee Implant Market Growth, by Procedure Type, US, 2020u20132030
                  • Complete Revision Knee Implant Market, by Product Feature, US (USD), 2019u20132030
                  • Complete Revision Knee Implant Market Growth, by Product Feature, US, 2020u20132030
                  • Partial Revision Knee Implant Market, by Product Type, US (USD), 2019u20132030
                  • Partial Revision Knee Implant Market Growth, by Product Type, US, 2020u20132030
                  • Unicondylar Knee Implant Market, US (USD), 2019u20132030
                  • Patello-Femoral Knee Implant Market, US (USD), 2019u20132030
                • Competitive Highlights
                  • Market Shares
                    • Reconstructive Knee Implant Revenue Market Shares, US, 2020
                    • Reconstructive Knee Implant Revenue Market Shares, by Product Type, US, 2020
                  • Competitive Factors and Strategies
                    • Competitive Factors and Strategies, by Product Type, US
                • Reconstructive Hip Implant Market
                  • Market Highlights
                    • Reconstructive Hip Implant Market, by Product Type, US (USD), 2019u20132030
                  • Market Definitions
                    • Market Forecast Data
                      • Reconstructive Hip Implant Procedures, by Product Type, US, 2019u20132030
                      • Reconstructive Hip Implant Procedures, by Site of Service, US, 2019u20132030
                      • Hospital-Based Reconstructive Hip Implant Procedures, by Site of Service, US, 2019u20132030
                      • Reconstructive Hip Implant Market, by Product Type, US (USD), 2019u20132030
                      • Reconstructive Hip Implant Market Growth, by Product Type, US, 2020u20132030
                      • Primary THA Implant Procedures, by Approach, US, 2019u20132030
                      • Primary THA Implant Market, by Fixation Type, US (USD), 2019u20132030
                      • Primary THA Implant Market Growth, by Fixation Type, US, 2020u20132030
                      • Primary THA Implant Units, by Material, US, 2019u20132030
                      • Revision Hip Implant Market, by Procedure Type, US (USD), 2019u20132030
                      • Revision Hip Implant Market Growth, by Procedure Type, US, 2020u20132030
                      • Partial Revision Hip Implant Market, by Product Type, US (USD), 2019u20132030
                      • Partial Revision Hip Implant Market Growth, by Product Type, US, 2020u20132030
                      • Partial Hip Implant Market, by Product Type, US (USD), 2019u20132030
                      • Partial Hip Implant Market Growth, by Product Type, US, 2020u20132030
                      • Hip Resurfacing Implant Market, by Procedure Type, US (USD), 2019u20132030
                      • Hip Resurfacing Implant Market Growth, by Procedure Type, US, 2020u20132030
                    • Competitive Highlights
                      • Market Shares
                        • Reconstructive Hip Implant Revenue Market Shares, US, 2020
                        • Reconstructive Hip Implant Revenue Market Shares, by Product Type, US, 2020
                      • Competitive Factors and Strategies
                        • Competitive Factors and Strategies, by Product Type, US
                    • Appendix
                      • Abbreviations
                        • Bibliography