Global Acetabular Prostheses Market - 2024-2031

Global Acetabular Prostheses Market - 2024-2031


The acetabular prostheses market reached US$ YY million in 2023 and is expected to reach US$ YY million by 2031, growing at a CAGR of YY% during the forecast period 2024-2031.

The acetabular prostheses market produces and supplies artificial hip socket components used in hip replacement surgery. Where the natural acetabulum is sick or destroyed, these prostheses are intended to take the place of the pelvic socket-like structure that accepts the femur ball.

Technological developments, such as the application of 3D printing in acetabular reconstruction, which provides affordable and long-lasting implants are driving the market. Other significant developments that will improve the market's growth prospects include the development of extremely flexible metals for revision surgery and the release of highly advanced 3-D printed hip implants to drive market growth.

Market Dynamics: Drivers

Advancements in orthopedic technologies

The acetabular prostheses market is experiencing significant growth driven by various factors. The demand of 3D printing technology is one of the key factor of the market. In addition, this technology is cost-effective, more flexible and reduce the risk of complications associated with the treatment procedures. It will also helps to maintains the internal support structures in the acetabular cups. The application of 3D printing for acetabular reconstruction is another benefit that will fuel market expansion.

Furthermore, the innovations in the 3d printing technology in the orthopedic implants would drive the market growth. This technology enhance the surgical efficiency, lesser time for opeation procedures and lesser exposure to the radiation. For instance, in July 2021, a team of orthopedics led by Dr.Subhash Jangid, Director and Unit Head of Bone and Joint Institute at Fortis Memorial Research Institute, Gurugram, India, successfully implanted a custom made 3D printed hip implant, on 60-year-old Tanzanian patient who had a damaged pelvic bone.

Moreover, advancements in acetabular prostheses technology, such as the development of highly porous metals that mimic the cancellous bone structure and the use of 3D technology in acetabular reconstruction, are driving the market growth.

The use of 3D-printed highly porous titanium acetabular cups in total hip arthroplasty is increasing. The porosity and mechanical properties of such highly porous titanium structures mimic those of natural cancellous bone, possibly allowing biological implant fixation to be improved.

Moreover, in August 2023, AddUp FormUp 350 additive manufacturing technology revolutionized acetabular cup production by offering efficient Laser Powder Bed Fusion (LPBF) capabilities that outperform traditional methods and Electron Beam Technology (EBM).

Restraints

Factors such as the high cost of the treatment for hip injuries, risk of complications & complexity associated with these procedures, stringent government regulations & limited reimbursement coverage, prostheses device lawsuits & product recalls, post-surgical rehabilitation, and lack of skilled professionals are expected to hamper the market.

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Segment Analysis

The acetabular prostheses market is segmented based on product type, application, material, end-user, and region.

The cementless segment accounted for approximately 48.5% of the acetabular prostheses market share

The cementless segment is expected to hold the largest market share over the forecast period. This segment is driven by factors such as the better longevity of cementless acetabular components and the flexibility of surgeons, while choosing the size and material of the bearing, cementless acetabular prostheses are preferred over their prostheses. Cementless acetabular components are widely used in countries such as the U.S., Canada, Wales, Italy, and Australia.

As per the MDPI publication in February 2024, to reduce complications and improve implant longevity, a new cementless dual mobility acetabular cup was recently developed and introduced on the market in 2021. This implant is a monobloc dual mobility cup with a polar-flatted hemispherical profile, a 0 0 cup opening plane, and 2.5 mm cylindrical equatorial extra coverage. The need for 3D printed metal acetabular cups in hip replacement therapy drives the market.

Geographical Analysis

North America accounted for approximately 41.2% of the acetabular prostheses market share

North America region is expected to hold the largest market share over the forecast period. The rising prevalence of orthopedic disorders and associated risk factors in the U.S. and Canada are propelling the acetabular prostheses market in this region

As per CDC estimates in 2023, that 54 million people suffering from one kind of arthritis. In the U.S., 33 million people have suffered from arthritis. The increasing incidence of orthopedic disorders espcilally arthritis in this region contributes the demand for acetabular prostheses market.

In this region, major players' strategies such as technological innovation would drive the market. For instance, in January 2023, Hip Innovation Technology LLC implanted the first HIT Reverse Hip Replacement System (Reverse HRS) in the U.S. under a U.S. Food and Drug Administration (FDA) approved Investigational Device Exemption (IDE) study. The IDE trial aims to determine the safety and efficacy of the HIT Reverse HIRS in Primary Total Hip Arthroplasty (THA).

COVID-19 Impact Analysis

The COVID-19 pandemic significantly impacted the acetabular prostheses market. The rising prevalence of orthopedic & hip disorders, increasing number of joint surgeries has been a driver for the acetabular prostheses market during the pandemic period.

For instance, as per the study published by PubMed Centarl in November 2021, during the initial COVID-19 pandemic, there was an estimated 6.80% decrease in the revision of hip arthroplasty due to the fear of COVID-19 infections, which impacted the market growth significantly. Thus, the frequency of these surgeries decreased due to the rising incidences of COVID-19 infections during the pandemic, therefore impacting the market growth.

The impact of COVID-19 affected the market with decreasing growth of the new solutions with increased technology and new techniques developed for performing the surgery. A decrease in the rate of patients visiting orthopedics having arthritis pain led the market rate down with the wide spread of the virus and new rules imposed by the government in various regions such as lockdowns and ked to the shutdown of industries, stopping the production and manufacturing if the new developments.

Post-pandemic situation with an increased rate of geriatric patients visiting orthopedics with increased arthritis pain and increased developments in surgeries involved in hip replacement which boosts the acetabular prostheses market.

The COVID-19 pandemic of COVID-19 with an increase in the number of arthritis patients and rising demands from the market for new technology with improved techniques and increased solutions and reduction in arthritis pain dominates the acetabular prostheses market.

Market Segmentation

By Product Type
• Cemented
• Cementless
• Hybrid and Reverse Hybrid

By Application
• Primary Surgical
• Revision Surgical

By Material
• Metal
• Non-Metal
• Others

By End-User
• Hospitals
• Orthopedic Clinics
• Others

By Region
• North America
U.S.
Canada
Mexico
• Europe
Germany
U.K.
France
Spain
Italy
Rest of Europe
• South America
Brazil
Argentina
Rest of South America
• Asia-Pacific
China
India
Japan
South Korea
Rest of Asia-Pacific
• Middle East and Africa

Competitive Landscape

The major global players in the acetabular prostheses market include Johnson & Johnson Services, Inc., Smith + Nephew, Stryker, Zimmer Biomet, B. Braun SE, AESCULAP Implant System, X.NOV, Exactech, Inc., Evolutis, MicroPort Orthopedics, Inc. among others.

Key Developments

 In August 2023, Smith+ Nephew announced the launch of its OR3O dual mobility system for use in primary and revision hip arthroplasty in India. Compared with traditional solutions, dual mobility implants have a small diameter femoral heal that locks into a larger polyethylene insert increasing stability, reducing dislocation risk, and offering improved range of motion. In addition, both primary and revision applications offer cross-compatibility with the R3 acetabular system.

 In June 2023, the Asian Orthopedic Institute (AOI), SIMS Hospital in Chennai, India launched a comprehensive hip surgery unit and four new advanced technology services. Advanced innovations in the treatment of hip problems & pathologies are being introduced to mark this occasion.

Why Purchase the Report??
• To visualize the acetabular prostheses market segmentation based on product type, material, end-user, and region as well as understand key commercial assets and players.
• Identify commercial opportunities by analyzing trends and co-development
• Excel data sheet with numerous data points of acetabular prostheses market-level with all segments.
• PDF report consists of a comprehensive analysis after exhaustive qualitative interviews and an in-depth study.
• Product mapping is available in Excel consisting of key products of all the major players.

The acetabular prostheses market report would provide approximately 70 tables, 61 figures, and 181 Pages.

Target Audience 2024
• Manufacturers/ Buyers
• Industry Investors/Investment Bankers
• Research Professionals
• Emerging Companies


1. Methodology and Scope
1.1. Research Methodology
1.2. Research Objective and Scope of the Report
2. Definition and Overview
3. Executive Summary
3.1. Snippet by Product Type
3.2. Snippet by Application
3.3. Snippet by Material
3.4. Snippet by End-User
3.5. Snippet by Region
4. Dynamics
4.1. Impacting Factors
4.1.1. Drivers
4.1.1.1. Advancements in the Orthopedic Technologies
4.1.1.2. Rising Hip Joint Disorders
4.1.2. Restraints
4.1.2.1. High Cost of the Treatment
4.1.3. Opportunity
4.1.4. Impact Analysis
5. Industry Analysis
5.1. Porter's Five Force Analysis
5.2. Supply Chain Analysis
5.3. Pricing Analysis
5.4. Regulatory Analysis
5.5. Unmet Needs
5.6. PESTEL Analysis
5.7. Patent Analysis
5.8. SWOT Analysis
6. COVID-19 Analysis
6.1. Analysis of COVID-19
6.1.1. Scenario Before COVID
6.1.2. Scenario During COVID
6.1.3. Scenario Post COVID
6.2. Pricing Dynamics Amid COVID-19
6.3. Demand-Supply Spectrum
6.4. Government Initiatives Related to the Market During the Pandemic
6.5. Manufacturers Strategic Initiatives
6.6. Conclusion
7. By Product Type
7.1. Introduction
7.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
7.1.2. Market Attractiveness Index, By Product Type
8. Cemented*
8.1.1. Introduction
8.1.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
8.2. Cementless
8.3. Hybrid and Reverse Hybrid
9. By Application
9.1. Introduction
9.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
9.1.2. Market Attractiveness Index, By Application
10. Primary Surgical *
10.1.1. Introduction
10.1.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
10.2. Revision Surgical
11. By Material
11.1. Introduction
11.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
11.1.2. Market Attractiveness Index, By Material
11.2. Metal*
11.2.1. Introduction
11.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
11.3. Non-Metal
11.4. Others
12. By End-User
12.1. Introduction
12.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
12.1.2. Market Attractiveness Index, By End-user
12.2. Hospitals*
12.2.1. Introduction
12.2.2. Market Size Analysis and Y-o-Y Growth Analysis (%)
12.3. Orthopedic Clinics
12.4. Others
13. By Region
13.1. Introduction
13.1.1. Market Size Analysis and Y-o-Y Growth Analysis (%), By Region
13.1.2. Market Attractiveness Index, By Region
13.2. North America
13.2.1. Introduction
13.2.2. Key Region-Specific Dynamics
13.2.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
13.2.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
13.2.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
13.2.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
13.2.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
13.2.7.1. U.S.
13.2.7.2. Canada
13.2.7.3. Mexico
13.3. Europe
13.3.1. Introduction
13.3.2. Key Region-Specific Dynamics
13.3.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
13.3.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
13.3.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
13.3.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
13.3.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
13.3.7.1. Germany
13.3.7.2. UK
13.3.7.3. France
13.3.7.4. Italy
13.3.7.5. Spain
13.3.7.6. Rest of Europe
13.4. South America
13.4.1. Introduction
13.4.2. Key Region-Specific Dynamics
13.4.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
13.4.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
13.4.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
13.4.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
13.4.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
13.4.7.1. Brazil
13.4.7.2. Argentina
13.4.7.3. Rest of South America
13.5. Asia-Pacific
13.5.1. Introduction
13.5.2. Key Region-Specific Dynamics
13.5.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
13.5.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
13.5.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
13.5.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
13.5.7. Market Size Analysis and Y-o-Y Growth Analysis (%), By Country
13.5.7.1. China
13.5.7.2. India
13.5.7.3. Japan
13.5.7.4. South Korea
13.5.7.5. Rest of Asia-Pacific
13.6. Middle East and Africa
13.6.1. Introduction
13.6.2. Key Region-Specific Dynamics
13.6.3. Market Size Analysis and Y-o-Y Growth Analysis (%), By Product Type
13.6.4. Market Size Analysis and Y-o-Y Growth Analysis (%), By Application
13.6.5. Market Size Analysis and Y-o-Y Growth Analysis (%), By Material
13.6.6. Market Size Analysis and Y-o-Y Growth Analysis (%), By End-User
14. Competitive Landscape
14.1. Competitive Scenario
14.2. Market Positioning/Share Analysis
14.3. Mergers and Acquisitions Analysis
15. Company Profiles
15.1. Johnson & Johnson Services, Inc *
15.1.1. Company Overview
15.1.2. Product Portfolio and Description
15.1.3. Financial Overview
15.1.4. Key Developments
15.2. Smith +Nephew
15.3. Stryker
15.4. Zimmer Biomet
15.5. B. Braun SE
15.6. AESCULAP Implant System
15.7. X.NOV
15.8. Exactech, Inc.
15.9. Evolutis
15.10. MicroPort Orthopedics, Inc
LIST NOT EXHAUSTIVE
16. Appendix
16.1. About Us and Services
16.2. Contact Us

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