Global Hip Replacement Implants Market By Product Type (Femoral Reconstruction, Acetabular Reconstruction, Hip Resurfacing, Revision Hip Implants, Bearing and Porous Metal Technologies, Total Replacement Implants) Material (Metal-On-Metal, Metal-on-Polyethylene, Ceramic-On-Metal, Ceramic-On-Polyethylene, Ceramic-On-Ceramic) End User (Orthopedic Clinics, Hospitals, Surgery Centers) Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East & Africa) Industry Trends and Forecast to 2028
The hip replacement implants market is expected to witness market growth at a rate of 4.4% in the forecast period of 2021 to 2028. Data Bridge Market Research report on hip replacement implants market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The rise in the in demand for hip arthroplasty and replacement surgical procedures is escalating the growth of hip replacement implants market.
A hip replacement is referred as a type of surgery in which an injured or damaged hip joint is replaced with an artificial implant. It is utilized when the mobility is reduced, and the pain is experienced even while resting. These are created by metal, plastic or ceramic.
Major factors that are expected to boost the growth of the hip replacement implants market in the forecast period are the increase in the elderly population. Furthermore, the technological developments is further propelling the growth of the hip replacement implants market. Moreover, the rise in the popularity of minimally invasive surgeries is further estimated to cushion the growth of the hip replacement implants market.
On the other hand, the rise in the prices of surgeries is further anticipated to impede the growth of the hip replacement implants market in the timeline period. In addition, the rise in the implementations of hip implants and the increasing in the acceptance of total hip replacement implants will further provide potential opportunities for the hip replacement implants market growth in the coming years. However, the shortage of trained specialists and the stringent regulations for the approval of devices might further challenge the growth of the hip replacement implants market in the near future.
This hip replacement implants market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on hip replacement implants market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Hip Replacement Implants Market Scope and Market Size
The hip replacement implants market is segmented on the basis of product type, material and end user. The growth amongst these segments will help you analyse meagre growth segments in the industries, and provide the users with valuable market overview and market insights to help them in making strategic decisions for identification of core market applications.
- On the basis of product type, the hip replacement implants market is segmented into femoral reconstruction, acetabular reconstruction, hip resurfacing, revision hip implants, bearing and porous metal technologies, total replacement implants. Total replacement implants are further sub segmented into fixed bearing hip implants and mobile-bearing total hip implants.
- On the basis of material, the hip replacement implants market is segmented into metal-on-metal, metal-on-polyethylene, ceramic-on-metal, ceramic-on-polyethylene, and ceramic-on-ceramic.
- On the basis of end user, the hip replacement implants market is segmented into orthopedic clinics, hospitals, surgery centers.
Hip Replacement Implants Market Country Level Analysis
The hip replacement implants market is analysed and market size insights and trends are provided by country, product type, material and end user as referenced above.
The countries covered in the hip replacement implants market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the hip replacement implants market due to the suitable healthcare infrastructure. Furthermore, the occurrence of key industry players will further boost the growth of the hip replacement implants market in the region during the forecast period. Asia Pacific is projected to observe significant amount growth in the hip replacement implants market due to the rise in the healthcare expenditure. Moreover, the increase in the geriatric population is further anticipated to propel the growth of the hip replacement implants market in the region in the coming years.
The country section of the hip replacement implants market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Healthcare Infrastructure Growth Installed Base and New Technology Penetration
The hip replacement implants market also provides you with detailed market analysis for every country growth in healthcare expenditure for capital equipment, installed base of different kind of products for hip replacement implants market, impact of technology using life line curves and changes in healthcare regulatory scenarios and their impact on the hip replacement implants market. The data is available for historic period 2010-2019.
Competitive Landscape and Hip Replacement Implants Market Share Analysis
The hip replacement implants market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to hip replacement implants market.
The major players covered in the hip replacement implants market report are Zimmer Biomet, DePuy Synthes, Stryker, Smith and Nephew, B.Braun Melsungen AG, Corin, Waldemer Link GmbH & Co. KG, Wright Medical Group N.V., Arthrex, Inc., Conformis, Corentec Co., Ltd., Elite Surgical, Surgival, Synergie Ingenierie Medicale, evolutisfrance, Group FH Ortho communication, Integra LifeSciences Corporation, Medacta International, Tecomet,Inc., Peter Brehm GmbH, MicroPort Scientific Corporation, DJO, LLC, among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Hip Replacement Implants Market
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