| Product Code: ETC8834841 | 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 |
The Philippines saw a significant increase in artificial joints import shipments in 2024, with top exporting countries being the USA, China, India, UK, and Switzerland. The market remained highly concentrated, with a high Herfindahl-Hirschman Index (HHI). The compound annual growth rate (CAGR) from 2020 to 2024 was impressive at 11.42%, indicating a growing demand for artificial joints in the Philippines. Although the growth rate slightly slowed from 2023 to 2024 to 0.09%, the overall trend suggests a positive outlook for the artificial joints market in the country.

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 Philippines Artificial Joints Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Artificial Joints Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Artificial Joints Market - Industry Life Cycle |
3.4 Philippines Artificial Joints Market - Porter's Five Forces |
3.5 Philippines Artificial Joints Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Philippines Artificial Joints Market Revenues & Volume Share, By End user, 2021 & 2031F |
3.7 Philippines Artificial Joints Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Philippines Artificial Joints Market Revenues & Volume Share, By Material, 2021 & 2031F |
4 Philippines Artificial Joints Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing prevalence of orthopedic conditions and joint disorders in the Philippines |
4.2.2 Growing aging population in the country leading to higher demand for artificial joint replacements |
4.2.3 Technological advancements in artificial joint materials and designs improving patient outcomes |
4.3 Market Restraints |
4.3.1 High costs associated with artificial joint surgeries and implants |
4.3.2 Limited access to advanced healthcare facilities in certain regions of the Philippines |
4.3.3 Regulatory challenges and approval processes for new artificial joint products |
5 Philippines Artificial Joints Market Trends |
6 Philippines Artificial Joints Market, By Types |
6.1 Philippines Artificial Joints Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Artificial Joints Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Philippines Artificial Joints Market Revenues & Volume, By Cemented artificial joints, 2021- 2031F |
6.1.4 Philippines Artificial Joints Market Revenues & Volume, By Non-cemented artificial joints, 2021- 2031F |
6.2 Philippines Artificial Joints Market, By End user |
6.2.1 Overview and Analysis |
6.2.2 Philippines Artificial Joints Market Revenues & Volume, By Hospitals, 2021- 2031F |
6.2.3 Philippines Artificial Joints Market Revenues & Volume, By Other, 2021- 2031F |
6.3 Philippines Artificial Joints Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Philippines Artificial Joints Market Revenues & Volume, By Artificial knee joints, 2021- 2031F |
6.3.3 Philippines Artificial Joints Market Revenues & Volume, By Artificial hip joints, 2021- 2031F |
6.3.4 Philippines Artificial Joints Market Revenues & Volume, By Others, 2021- 2031F |
6.4 Philippines Artificial Joints Market, By Material |
6.4.1 Overview and Analysis |
6.4.2 Philippines Artificial Joints Market Revenues & Volume, By Ceramics, 2021- 2031F |
6.4.3 Philippines Artificial Joints Market Revenues & Volume, By Alloy, 2021- 2031F |
6.4.4 Philippines Artificial Joints Market Revenues & Volume, By Others, 2021- 2031F |
7 Philippines Artificial Joints Market Import-Export Trade Statistics |
7.1 Philippines Artificial Joints Market Export to Major Countries |
7.2 Philippines Artificial Joints Market Imports from Major Countries |
8 Philippines Artificial Joints Market Key Performance Indicators |
8.1 Average waiting time for artificial joint surgeries in hospitals |
8.2 Number of orthopedic surgeons specializing in joint replacement procedures |
8.3 Patient satisfaction rates post artificial joint surgeries |
8.4 Adoption rate of minimally invasive techniques for joint replacement surgeries |
9 Philippines Artificial Joints Market - Opportunity Assessment |
9.1 Philippines Artificial Joints Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Philippines Artificial Joints Market Opportunity Assessment, By End user, 2021 & 2031F |
9.3 Philippines Artificial Joints Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Philippines Artificial Joints Market Opportunity Assessment, By Material, 2021 & 2031F |
10 Philippines Artificial Joints Market - Competitive Landscape |
10.1 Philippines Artificial Joints Market Revenue Share, By Companies, 2024 |
10.2 Philippines Artificial Joints 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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