Global Hip Replacement Implants Market is poised to grow at 3.6% till 2024

According to Data Bridge Market Research new Market report “Global Hip Replacement Implants Market, By Product Type (Cemented Total Hip Implant, Cement Free Total Hip Implant, Partial Femoral Head Implant, Hip Resurfacing, Revision Hip Implants), By End-Users (Orthopedic Clinics, Hospitals, Surgery Centers), By Surgery Numbers (Total Hip Replacement, Partial Hip Replacement, Revision Hip Replacement, Hip Resurfacing), By Geography (North America, Europe, Asia-Pacific, South America and Middle East and Africa) – Industry Trends and Forecast to 2024”, is projected to reach USD 7.1 billion by 2024, from USD 5,254.7 million in 2016, at a CAGR of 3.6% during the forecast period from 2017 to 2024.Global Hip Replacement Implants MarketThe total hip replacement surgery is growing at a significant rate since the past decade. Many of our participants (Orthopedic Surgeons) in this report believed the growth is owing to factors both related to lifestyle and technological advancements.

Report Access: http://databridgemarketresearch.com/reports/global-hip-replacement-implants-market-industry-trends-forecast-2024/

Market Segmentation: Global Hip Replacement Implants Market

  • The hip replacement market is segmented on the basis of product, distribution channel, end user and geography.
  • On the basis of product type the Global Hip Replacement Implants Market is segmented into 4 type total hip implant, partial femoral head implant, hip resurfacing, and revision hip implants. The total hip implant market segment is further sub-segmented into cemented and cement less total hip replacement products.
  • Based on end user the Global Hip Replacement Implants Market is segmented into orthopedic clinics, hospitals and surgery centers.
  • On the basis of indication the market is segmented into cancer of different organs such as brain tumor, spine cancer, lung cancer, liver cancer, breast cancer, prostate cancer and others.

Geographical Segmentation: Global Hip Replacement Implants Market

Based on geography the report covers data points for 52 countries across multiple geographies namely North & South America, Europe, Asia-Pacific and, Middle East & Africa. Some of the major countries covered in this report are U.S., Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others. U.S. dominate the global hip replacement market with a share of 41.2% in 2016, owing to the rising pool of arthritis patient full reimbursements of these surgeries through government and non-government healthcare payers.

Competitive Landscape: Global Hip Replacement Implants Market

Some of the other players in this market include Zimmer Biomet, Depuy Synthes, Stryker, Smith and Nephew, B.Braun Melsungen AG, Corin, Waldemer Link GmbH & Co. KG, Wright Medical N.V., Arthrex, Inc., ConforMIS, Corentec, Elite Surgical Supplies (PTY) Ltd, Euros France, Evolutis, FH Orthopedics, Integra LifeSciences, Lima Corporate, Medacta, Ortosintese, Peter Brehm, Shanghai MicroPort Orthopedics, Surgival, Synergie Ingénierie Médicale, Wright Medical, N.V., Tecomet and, DJO Global among others.

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