Hip Replacement Market

Hip Replacement Market, By Product Type (Total Hip Replacement Implant, Partial Hip Replacement Implant, Hip Resurfacing, Revision Hip Implant), By Components (Hip stem system, Acetabular cup system, Revision Accessories and components), By End user (Hospitals, Orthopedic clinics, Ambulatory surgical centres) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030

Hip replacement is a surgical procedure in which the hip joint is replaced with an artificial prosthesis. The procedure is called hip arthroplasty. Surgery is usually performed to relieve joint pain (arthritis) or to treat physical damage to the hip joint and hip fractures. Hip replacement surgery can be performed as total or partial surgery. Total hip replacement is performed by replacing the damaged bone and cartilage with artificial prostheses, such as the hip stem system, acetabular cup system, and so on. Hip replacement surgery can be performed as total or partial surgery. The increasing prevalence of musculoskeletal disorders is expected to drive the growth of the global hip replacement market during the forecast period. Additionally, factors such as increasing number of knee arthroplasties, incidence of hip fractures in the elderly population, and increasing number of accidents are expected to influence the market growth during the forecast period.

Market Dynamics

The global hip replacement market trends, development, and marketing channels are analyzed. The global hip replacement market is expected to expand in near future and this can be attributed to the evolving techniques for hip replacement surgeries. For instance, on September 4, 2022, an article published by National Centre for Biotechnology Information (NCBI) states modern total hip arthroplasty techniques have evolved into compression-fit femoral and acetabular components. In general, femoral stems can be classified into compressed, proximally sheathed, distally tapered (double or single taper in the medial-lateral and/or antero-posterior plane). A compressed, widely covered, diaphyseal attachment Compression, Modular Arms: Modularity connection options include: Head-Neck, Neck-Arm, Sleeve and Mid-Arm Cemented Femoral Stems: Cobalt chrome stems are the preferred material for cementation

Key features of the study:

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market.

This study also provides key insights about market drivers, restraints, opportunities, new drug launches or approval, market trends, regional outlook, and competitive strategies adopted by key players.

It profiles key players in the global hip replacement market based on the following parameters – company overview, financial performance, drugs portfolio, market presence, distribution strategies, key developments, strategies, and future plans.

Key companies covered as a part of this study include Depuy Synthes (Johnson & Johnson), Microport Scientific Corporation, Zimmer Biomet Company Highlights, Exactech Inc, DJO Global Inc, Stryker Corporation, B. Braun Melsungen, Smith & Nephew.

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future drug launches, drug class up-grades, market expansion, and marketing tactics.

The global hip replacement market report caters to various stakeholders in this industry including investors, suppliers, drugs manufacturers, distributors, new entrants, and financial analysts.

Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global hip replacement market.

Detailed Segmentation:

Global Hip Replacement Market, By Product Type:

Total Hip Replacement Implant

Partial Hip Replacement Implant

Hip Resurfacing

Revision Hip Implant

Global Hip Replacement Market, By Components :

Hip stem system

Acetabular cup system

Revision Accessories and components

Global Hip Replacement Market, By End User:

Hospitals

Orthopedic clinics

Ambulatory surgical centres

Global Hip Replacement Market, By Region:

North America

By Country

U.S.

Canada

Latin America

By Country:

Brazil

Mexico

Argentina

Rest of Latin America

Europe

By Country:

Germany

U.K.

France

Italy

Spain

Russia

Rest of Europe

Asia Pacific

By Country:

China

India

Japan

Australia

South Korea

ASEAN

Rest of Asia Pacific

Middle East

By Country:

GCC

Israel

Rest of Middle East

Africa

By Country/Region:

South Africa

Central Africa

North Africa

Company Overview

Depuy Synthes (Johnson & Johnson)*

Product Portfolio

Key Highlights

Financial Overview

Strategies

Microport Scientific Corporation

Zimmer Biomet Company Highlights

Exactech Inc

DJO Global Inc

Stryker Corporation

B. Braun Melsungen

Smith & Nephew

“*” marked represents similar segmentation in other categories in the respective section