| Product Code: ETC8627629 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Nigeria continued to rely on imports for joint replacements, with key exporters being India, Italy, China, Turkey, and Germany. The market saw a significant increase in concentration levels, indicating a high degree of dominance by a few major players. Despite a drastic decline in the compound annual growth rate over the 2020-2024 period, the growth rate from 2023 to 2024 showed some improvement. This suggests a challenging market environment with strong competition among leading suppliers, potentially impacting the overall dynamics of the joint replacement market in Nigeria.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Nigeria Joint Replacement Market Overview |
3.1 Nigeria Country Macro Economic Indicators |
3.2 Nigeria Joint Replacement Market Revenues & Volume, 2021 & 2031F |
3.3 Nigeria Joint Replacement Market - Industry Life Cycle |
3.4 Nigeria Joint Replacement Market - Porter's Five Forces |
3.5 Nigeria Joint Replacement Market Revenues & Volume Share, By Procedure, 2021 & 2031F |
3.6 Nigeria Joint Replacement Market Revenues & Volume Share, By Products, 2021 & 2031F |
4 Nigeria Joint Replacement Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Nigeria Joint Replacement Market Trends |
6 Nigeria Joint Replacement Market, By Types |
6.1 Nigeria Joint Replacement Market, By Procedure |
6.1.1 Overview and Analysis |
6.1.2 Nigeria Joint Replacement Market Revenues & Volume, By Procedure, 2021- 2031F |
6.1.3 Nigeria Joint Replacement Market Revenues & Volume, By Hip Replacement, 2021- 2031F |
6.1.4 Nigeria Joint Replacement Market Revenues & Volume, By Knee Replacement, 2021- 2031F |
6.1.5 Nigeria Joint Replacement Market Revenues & Volume, By Shoulder, 2021- 2031F |
6.1.6 Nigeria Joint Replacement Market Revenues & Volume, By Other Procedures, 2021- 2031F |
6.2 Nigeria Joint Replacement Market, By Products |
6.2.1 Overview and Analysis |
6.2.2 Nigeria Joint Replacement Market Revenues & Volume, By Implants, 2021- 2031F |
6.2.3 Nigeria Joint Replacement Market Revenues & Volume, By Bone Grafts, 2021- 2031F |
6.2.4 Nigeria Joint Replacement Market Revenues & Volume, By Other Products, 2021- 2031F |
7 Nigeria Joint Replacement Market Import-Export Trade Statistics |
7.1 Nigeria Joint Replacement Market Export to Major Countries |
7.2 Nigeria Joint Replacement Market Imports from Major Countries |
8 Nigeria Joint Replacement Market Key Performance Indicators |
9 Nigeria Joint Replacement Market - Opportunity Assessment |
9.1 Nigeria Joint Replacement Market Opportunity Assessment, By Procedure, 2021 & 2031F |
9.2 Nigeria Joint Replacement Market Opportunity Assessment, By Products, 2021 & 2031F |
10 Nigeria Joint Replacement Market - Competitive Landscape |
10.1 Nigeria Joint Replacement Market Revenue Share, By Companies, 2024 |
10.2 Nigeria Joint Replacement Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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