Hip Replacement Implants Market Size, Share & Trends Analysis Report By Product (Total Hip, Partial Femoral Head), By Material (Metal-on-Polyethylene, Ceramic-on-Polyethylene), By End-use, By Region, And Segment Forecasts, 2023 - 2030
Writing Instruments Market Size, Share & Trends Analysis Report By Product (Pencil, Pen), By Application (Students, Institutions), By Distribution Channel (Departmental Stores, Stationaries), By Region And Segment Forecasts, 2023 - 2030
Asia Pacific Electric Scooter Market Size, Share & Trends Analysis Report By Battery Type (Lithium-ion, Lead-acid), By Drive Type (Belt Drive, Hub Motor), By End-use (Personal, Commercial), By Country, And Segment Forecasts, 2023 - 2030
Environmental Test Chamber Market Size, Share & Trends Analysis Report By Product, By Business Model, By Application, By End-use, By Region, And Segment Forecasts, 2023 - 2030
Music Streaming Market Size, Share & Trends Analysis Report By Service (On-demand Streaming, Live Streaming), By Platform (Apps, Browsers), By End-use (Commercial, Individual), By Content Type, By Region, And Segment Forecasts, 2023 - 2030
Medical Equipment Repair Software Market Size, Share & Trends Analysis Report By Deployment Mode (Web & Cloud-based, On-premise), By End-use (Hospital, Clinics), By Region, And Segment Forecast, 2023 - 2030
Hearing Aids Market Size, Share & Trends Analysis Report By Product Type (BTE, Canal Hearing Aids), By Technology (Digital, Analog), By Sales Channel (E-commerce, Retail Sales), By Region, And Segment Forecasts, 2023 - 2030
Ready To Drink Tea And Coffee Market Size, Share & Trends Analysis Report By Product (RTD Tea, RTD Coffee), By Packaging (Canned, Glass Bottle), By Price, By Distribution Channel, By Region, And Segment Forecasts, 2023 - 2030
Aesthetic Surgery Procedures Market Size, Share & Trends Analysis Report By Procedure Type (Face & Head, Body & Extremities), By End-use (Cosmetic Surgery Clinics, Hospitals), By Region, And Segment Forecasts, 2023 - 2030
Skin Care Products Market Size, Share & Trends Analysis Report By Product (Face Creams & Moisturizers, Sunscreen), By Gender (Male, Female), By Distribution Channel, By Region, And Segment Forecasts, 2023 - 2030
Bread Crumbs Market Size, Share & Trends Analysis Report By Product (Dry, Fresh), By Seasoning (Unflavored, Paprika), By End-use, By Distribution Channel (Food Service, Retail), By Region, And Segment Forecasts, 2023 - 2030
Scented Candles Market Size, Share & Trends Analysis Report By Product (Container-Based, Pillars), By Wax Type (Paraffin, Soy), By Category, By Distribution Channel, By Region, And Segment Forecasts, 2023 - 2030
Advanced Air Mobility Market Size, Share & Trends Analysis Report By Maximum Take-off Weight, By Component, By Application, By End-user, By Operating Mode, By Type, By Product, By Propulsion Type, By Range, And Segment Forecasts, 2023 - 2035
Toys And Games Market Size, Share & Trends Analysis Report By Application (Up To 0-8 Years, 9-15 Years), By Distribution Channel (Online, Offline), By Product (Preschool Toys, Electronic Games), By Region, And Segment Forecasts, 2023 - 2030
Organic Personal Care Market Size, Share & Trends Analysis Report By Product (Skin Care, Hair Care), By Distribution Channel (Hypermarket/Supermarket, E-Commerce), By Region, And Segment Forecasts, 2023 - 2030
Snowmobile Market Size, Share & Trends Analysis Report By Vehicle Type (Trail, Mountain), By Engine Type (Below 500cc, Above 900cc), By Engine Size, By Seating Capacity, By Region, And Segment Forecasts, 2023 - 2030
Hand Sanitizer Market Size, Share & Trends Analysis Report By Product (Gel, Foam), By Distribution Channel (Hypermarket & Supermarket, Drugstore), By Region (Europe, Asia Pacific), And Segment Forecasts, 2023 - 2030
Commercial Drone Market Size, Share & Trends Analysis Report By Product, By Application, By End-use, By Propulsion Type, By Range, By Operating Mode, By Endurance, By Region, And Segment Forecasts, 2023 - 2030
Mixed Reality Headset Market Size, Share & Trends Analysis Report By Component, By Operating System, By Storage, By Charging Technology, By End-user, By Industry, By Resolution, By Distribution Channel, By Region, And Segment Forecasts, 2023 - 2030
U.S. Automotive Aftermarket Industry Size, Share & Trends Analysis Report By Replacement Parts, By Service Channel, By Certification, By Product Pricing, By Distribution Channel, And Segment Forecasts, 2023 - 2030
Locomotive Market Size, Share & Trends Analysis Report By Type (Diesel, Electric), By Technology (IGBT Module, GTO Thyristor), By Component, By End-use (Freight, Passengers, Switcher), By Region, And Segment Forecasts, 2023 - 2030
AI Image Generator Market Size, Share & Trends Analysis Report By Component (Software, Services), By End-user (Media & Entertainment, Healthcare), By Region, And Segment Forecasts, 2023 - 2030
Smart Stadium Market Size, Share & Trends Analysis Report By Component (Software, Services), By Deployment Type (On-premise, Cloud), By Region, And Segment Forecasts, 2023 - 2030
Beauty And Personal Care Products Market Size, Share & Trends Analysis Report By Type (Conventional, Organic), By Product (Skin Care, Hair Care, Color Cosmetics, Fragrance), By Distribution Channel, By Region, And Segment Forecasts, 2023 - 2030
Wearable Computing Market Size, Share & Trends Analysis Report By Connectivity (Wi-Fi, 4G/5G), By Product Type (Fitness Trackers, Smart Watches), By Application (Consumer, Non-consumer), By Region, And Segment Forecasts, 2023 - 2030
Kitchen Sinks Market Size, Share & Trends Analysis Report By Number Of Bowls (Single, Double, Multi), By Material (Metallic, Granite), By Region (North America, Asia Pacific, Europe), And Segment Forecasts, 2023 - 2030
Vacation Rental Market Size, Share & Trends Analysis Report By Booking Mode (Online, Offline), By Accommodation Type (Home, Resort/Condominium), By Region (Asia Pacific, North America), And Segment Forecasts, 2023 - 2030
Home And Garden Pesticides Market Size, Share & Trends Analysis Report By Application (Garden, Household), By Type (Herbicides, Fumigants, Insecticides), By Region (North America, Asia Pacific), And Segment Forecasts, 2023 - 2030
Decision Intelligence Market Size, Share & Trends Analysis Report By Vertical (BFSI, Healthcare), By Component (Solutions, Services), By Deployment (Cloud, On-Premises), By Enterprise Size (Large, SMEs), By Region, And Segment Forecasts, 2023 - 2030
Space-based Solar Power Market Size, Share & Trends Analysis Report By Satellite Type (Microwave Transmitting Solar Satellite, Laser Transmitting Solar Satellite), By Application, By Region, And Segment Forecasts, 2023 - 2030
Power-to-X Market Size, Share & Trends Analysis Report By Technology (Power-to-H2, Power-to-Methanol), By End-use (Agriculture, Manufacturing), By Region, And Segment Forecasts, 2023 - 2030
Automation Testing Market Size, Share & Trends Analysis Report By Component (Testing Type, Service), By Vertical (Healthcare, BFSI), By Organization Size (Large Enterprises, SMEs), By Region, And Segment Forecasts, 2023 - 2030
Blockchain IoT Market Size, Share & Trends Analysis Report By Component (Hardware, Services), By Application (Data Security, Smart Contracts), By Organization Size (SMEs, Large Enterprises), By Vertical, And Segment Forecasts, 2023 - 2030
Quinoa Seeds Market Size, Share & Trends Analysis Report By Type (White, Red, Black), By Application (Direct Whole Seed, Processing), By Distribution Channel (Food Service, Retail), By Region, And Segment Forecasts, 2023 - 2030
Hip Replacement Implants Market Growth & Trends
The global hip replacement implants market size is projected to reach USD 8.7 billion by 2030, growing at a CAGR of 6.2% from 2023 to 2030, according to a new report by Grand View Research, Inc. The growing prevalence of osteoarthritis and hip fractures and the growing geriatric population are the major factors contributing to market growth. For example, according to the American Academy of Orthopedic Surgeons, in the U.S., hip fractures affect over 300,000 individuals annually. Most of these fractures occurred in people 65 or older who suffered from injuries in the home or outdoor falls. Therefore, more hip replacement surgeries were performed due to the aging population and rising rates of diseases affecting the lower extremities. Additionally, this leads to a rise in demand for hip replacement implants.
The rapid advancement of surgical procedures has spurred the demand for hip replacement implants. Furthermore, introducing novel implant types and combining materials for enhanced stability and longevity further boosts the expansion of the hip replacement implants market globally. Additionally, the market is growing due to shifting consumer preferences brought on by advancements in the materials utilized in hip replacement implants. Advanced materials, such as cross-linked polyethylene sockets with ceramics or metallic femoral heads, are becoming more accessible and creating opportunities for companies.
Growing research agreements between key developers and R&D companies to develop innovative implant solutions further contribute to market growth. For instance, in September 2022,Zimmer Biomet Holdings, Inc. and Surgical Planning Associates, Inc. signed an exclusive, multi-year partnership arrangement to promote the first FDA-approved mixed reality navigation system, HipInsight, used in total hip arthroplasty. With HipInsight, developed specifically for Zimmer Biomet's hip implant line, surgeons may employ the second generation of Microsoft HoloLens glasses to observe a projected hologram of the individual's pelvic anatomy during surgery to aid in positioning the implant and alignment.
Hip Replacement Implants Market Report Highlights
- Based on product, the total hip segment dominated the market in 2022 with a revenue share of 37.5% due to the growing number of total hip replacement surgeries globally. Since total hip replacement is the most common type of hip replacement surgery, the demand for total hip replacement implants is also higher
- Metal-on-polyethylene held the largest share of 30.8% among material types in 2022 since it is among the most affordable implant, and its extra advantages include fewer complications and fewer wear particles
- By end-use, the hospitals and surgery centers segment held the largest share of 69.3% in 2022. The high share of the segment is attributable to the rise in hip implant surgeries performed in these facilities
- North America dominated the market in 2022 with a share of 45.6% owing to the rising prevalence of osteoarthritis and the increase in hip replacement surgeries in North America. Key players are also undertaking various strategic initiatives that have led to high revenue growth in the U.S.
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definitions
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR’s Internal Database
- 1.3.3. Secondary Sources & Third - Party Perspectives
- 1.3.4. Primary Research
- 1.3.5. Details of Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.5.1. Commodity Flow Analysis
- 1.5.1.1. Approach 1: Commodity flow approach
- 1.6. Data Validation & Publishing
- 1.7. Global Market: CAGR Calculation
- 1.8. List of Secondary Sources
- 1.9. List of Primary Sources
- Chapter 2. Executive Summary
- 2.1. Market Snapshot
- 2.2. Segmental Snapshot
- 2.3. Competitive Insights Snapshot
- Chapter 3. Market Variables, Trends, and Scope
- 3.1. Market Lineage
- 3.1.1. Parent Market Analysis
- 3.1.2. Ancillary Market Analysis
- 3.2. Penetration & Growth Prospect Mapping
- 3.3. User Perspective Analysis
- 3.3.1. Consumer Behavior Analysis
- 3.3.2. Market Influencer Analysis
- 3.4. List of Key End - users
- 3.5. Hip Replacement Implants Market - Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.1.1. Rise in incidences of osteoarthritis
- 3.5.1.2. Technological advancements in the orthopedic implants market
- 3.5.1.3. Rising market competition amongst prominent market entities
- 3.5.2. Market Restraint Analysis
- 3.5.2.1. Lack of skilled professionals in developing region
- 3.6. Business Environmental Tools Analysis: Hip Replacement Implants Market
- 3.6.1. Porter’s Five Forces Analysis
- 3.6.2. PESTLE Analysis
- 3.7. List of Key End-users
- 3.8. Regulatory Framework, by Key Countries
- 3.9. Covid-19 Impact Analysis
- Chapter 4. Hip Replacement Implants Market: Product Estimates & Trend Analysis
- 4.1. Hip Replacement Implants Market, By Product: Key Takeaways
- 4.2. Hip Replacement Implants Market: Product Movement & Market Share Analysis, 2022 & 2030
- 4.3. Total Hip
- 4.3.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.4. Partial Femoral Head
- 4.4.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.5. Hip Resurfacing
- 4.5.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 4.6. Revision Hip
- 4.6.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- Chapter 5. Hip Replacement Implants Market: Material Estimates & Trend Analysis
- 5.1. Hip Replacement Implants Market, By Material: Key Takeaways
- 5.2. Hip Replacement Implants Market: Material Movement & Market Share Analysis, 2022 & 2030
- 5.3. Metal-On-Metal
- 5.3.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.4. Metal-On-Polyethylene
- 5.4.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.5. Ceramic-On-Polyethylene
- 5.5.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.6. Ceramic-On-Metal
- 5.6.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 5.7. Ceramic-On-Ceramic
- 5.7.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- Chapter 6. Hip Replacement Implants Market: End-Use Estimates & Trend Analysis
- 6.1. Hip Replacement Implants Market, By End-Use: Key Takeaways
- 6.2. Hip Replacement Implants Market: End-Use Movement & Market Share Analysis, 2022 & 2030
- 6.3. Orthopedic Clinics
- 6.3.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.4. Hospitals & Surgery Centers
- 6.4.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- 6.5. Others
- 6.5.1. Market Revenue Estimates and Forecasts, 2018 - 2030 (USD Million)
- Chapter 7. Hip Replacement Implants Market: Regional Estimates & Trend Analysis
- 7.1. Hip Replacement Implants Market: Regional Movement Analysis, 2022 & 2030
- 7.2. North America
- 7.2.1. North America Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.2.2. U.S.
- 7.2.2.1. Key Country Dynamics
- 7.2.2.2. Regulatory Framework
- 7.2.2.3. U.S. Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.2.3. Canada
- 7.2.3.1. Key Country Dynamics
- 7.2.3.2. Regulatory Framework
- 7.2.3.3. Canada Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.3. Europe
- 7.3.1. Europe Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.3.2. UK
- 7.3.2.1. Key Country Dynamics
- 7.3.2.2. Regulatory Framework
- 7.3.2.3. UK Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.3.3. Germany
- 7.3.3.1. Key Country Dynamics
- 7.3.3.2. Regulatory Framework
- 7.3.3.3. Germany Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.3.4. France
- 7.3.4.1. Key Country Dynamics
- 7.3.4.2. Regulatory Framework
- 7.3.4.3. France Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.3.5. Italy
- 7.3.5.1. Key Country Dynamics
- 7.3.5.2. Regulatory Framework
- 7.3.5.3. Italy Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.3.6. Spain
- 7.3.6.1. Key Country Dynamics
- 7.3.6.2. Regulatory Framework
- 7.3.6.3. Spain Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.3.7. Sweden
- 7.3.7.1. Key Country Dynamics
- 7.3.7.2. Regulatory Framework
- 7.3.7.3. Sweden Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.3.8. Denmark
- 7.3.8.1. Key Country Dynamics
- 7.3.8.2. Regulatory Framework
- 7.3.8.3. Denmark Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.3.9. Norway
- 7.3.9.1. Key Country Dynamics
- 7.3.9.2. Regulatory Framework
- 7.3.9.3. Norway Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.4. Asia Pacific
- 7.4.1. Asia Pacific Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.4.2. Japan
- 7.4.2.1. Key Country Dynamics
- 7.4.2.2. Regulatory Framework
- 7.4.2.3. Japan Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.4.3. China
- 7.4.3.1. Key Country Dynamics
- 7.4.3.2. Regulatory Framework
- 7.4.3.3. China Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.4.4. India
- 7.4.4.1. Key Country Dynamics
- 7.4.4.2. Regulatory Framework
- 7.4.4.3. India Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.4.5. Australia
- 7.4.5.1. Key Country Dynamics
- 7.4.5.2. Regulatory Framework
- 7.4.5.3. Australia Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.4.6. South Korea
- 7.4.6.1. Key Country Dynamics
- 7.4.6.2. Regulatory Framework
- 7.4.6.3. South Korea Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.5. Latin America
- 7.5.1. Latin America Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Brazil
- 7.5.2.1. Key Country Dynamics
- 7.5.2.2. Regulatory Framework
- 7.5.2.3. Brazil Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.5.3. Mexico
- 7.5.3.1. Key Country Dynamics
- 7.5.3.2. Regulatory Framework
- 7.5.3.3. Mexico Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.5.4. Argentina
- 7.5.4.1. Key Country Dynamics
- 7.5.4.2. Regulatory Framework
- 7.5.4.3. Argentina Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.6. Middle East & Africa
- 7.6.1. Middle East & Africa Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.6.2. South Africa
- 7.6.2.1. Key Country Dynamics
- 7.6.2.2. Regulatory Framework
- 7.6.2.3. South Africa Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.6.3. Saudi Arabia
- 7.6.3.1. Key Country Dynamics
- 7.6.3.2. Regulatory Framework
- 7.6.3.3. Saudi Arabia Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.6.4. UAE
- 7.6.4.1. Key Country Dynamics
- 7.6.4.2. Regulatory Framework
- 7.6.4.3. UAE Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- 7.6.5. Kuwait
- 7.6.5.1. Key Country Dynamics
- 7.6.5.2. Regulatory Framework
- 7.6.5.3. Kuwait Hip Replacement Implants Market Estimates And Forecasts, 2018 - 2030 (USD Million)
- Chapter 8. Competitive Landscape
- 8.1. Company Categorization
- 8.2. Company Market Position Analysis, 2022
- 8.3. Strategy Mapping
- 8.4. Company Profiles/Listing
- 8.4.1. Zimmer Biomet
- 8.4.1.1. Overview
- 8.4.1.2. Financial Performance
- 8.4.1.3. Product Benchmarking
- 8.4.1.4. Strategic Initiatives
- 8.4.2. Johnson & Johnson
- 8.4.2.1. Overview
- 8.4.2.2. Financial Performance
- 8.4.2.3. Product Benchmarking
- 8.4.2.4. Strategic Initiatives
- 8.4.3. Stryker Corporation
- 8.4.3.1. Overview
- 8.4.3.2. Financial Performance
- 8.4.3.3. Product Benchmarking
- 8.4.3.4. Strategic Initiatives
- 8.4.4. Smith & Nephew plc
- 8.4.4.1. Overview
- 8.4.4.2. Financial Performance
- 8.4.4.3. Product Benchmarking
- 8.4.4.4. Strategic Initiatives
- 8.4.5. MicroPort Scientific Corporation
- 8.4.5.1. Overview
- 8.4.5.2. Financial Performance
- 8.4.5.3. Product Benchmarking
- 8.4.5.4. Strategic Initiatives
- 8.4.6. Exactech, Inc.
- 8.4.6.1. Overview
- 8.4.6.2. Financial Performance
- 8.4.6.3. Product Benchmarking
- 8.4.6.4. Strategic Initiatives
- 8.4.7. OMNIlife Science, Inc.
- 8.4.7.1. Overview
- 8.4.7.2. Financial Performance
- 8.4.7.3. Product Benchmarking
- 8.4.7.4. Strategic Initiatives
- 8.4.8. B. Braun Melsungen AG
- 8.4.8.1. Overview
- 8.4.8.2. Financial Performance
- 8.4.8.3. Product Benchmarking
- 8.4.8.4. Strategic Initiatives
- 8.4.9. DJO Global, Inc.
- 8.4.9.1. Overview
- 8.4.9.2. Financial Performance
- 8.4.9.3. Product Benchmarking
- 8.4.9.4. Strategic Initiatives
- 8.4.10. Aesculap Implant Systems, LLC
- 8.4.10.1. Overview
- 8.4.10.2. Financial Performance
- 8.4.10.3. Product Benchmarking
- 8.4.10.4. Strategic Initiatives
- 8.4.11. ConMed Corporation
- 8.4.11.1. Overview
- 8.4.11.2. Financial Performance
- 8.4.11.3. Product Benchmarking
- 8.4.11.4. Strategic Initiatives
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook