Middle East & Africa Joint Replacement Market Size & Outlook
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MEA joint replacement market highlights
- The MEA joint replacement market generated a revenue of USD 464.5 million in 2022.
- The market is expected to grow at a CAGR of 4.8% from 2023 to 2030.
- In terms of segment, hips was the largest revenue generating product in 2022.
- Extremities is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Saudi Arabia is expected to register the highest CAGR from 2023 to 2030.
MEA data book summary
| Market revenue in 2022 | USD 464.5 million |
| Market revenue in 2030 | USD 677.9 million |
| Growth rate | 4.8% (CAGR from 2022 to 2030) |
| Largest segment | Hips |
| Fastest growing segment | Extremities |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Knee, Hips, Extremities |
| Key market players worldwide | Johnson & Johnson, Stryker Corp, Zimmer Biomet Holdings Inc, Smith & Nephew PLC, Enovis Corp, Arthrex, TPG Inc Ordinary Shares - Class A, MicroPort Scientific Corp, ConforMIS, Corin Group |
Other key industry trends
- In terms of revenue, MEA region accounted for 2.2% of the global joint replacement market in 2022.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 4,709.0 million by 2030.
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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Joint Replacement Market Scope
Joint Replacement Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Corin Group | View profile | 251-500 | Cirencester, Gloucestershire, United Kingdom, Europe | http://www.coringroup.com/ |
| ConforMIS | View profile | 251-500 | Burlington, Massachusetts, United States, North America | http://www.conformis.com |
| Arthrex | View profile | 5001-10000 | Naples, Florida, United States, North America | https://www.arthrex.com/ |
| Enovis Corp | View profile | 6550 | 2711 Centerville Road, Suite 400, Wilmington, DE, United States, 19808 | https://www.enovis.com |
| TPG Inc Ordinary Shares - Class A | View profile | 1850 | 301 Commerce Street, Suite 3300, Fort Worth, TX, United States, 76102 | https://www.tpg.com |
| MicroPort Scientific Corp | View profile | 8230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | https://www.microport.com |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| Zimmer Biomet Holdings Inc | View profile | 18000 | 345 East Main Street, Warsaw, IN, United States, 46580 | https://www.zimmerbiomet.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Middle East & Africa joint replacement market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to joint replacement market will help companies and investors design strategic landscapes.
Hips was the largest segment with a revenue share of 44.48% in 2022. Horizon Databook has segmented the Middle East & Africa joint replacement market based on knee, hips, extremities covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of joint replacement market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa joint replacement market, including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa joint replacement market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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MEA joint replacement market report size, by country, 2018-2030 (US$M)
Middle East & Africa Joint Replacement Market Share, 2022 & 2030 (US$M)
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