Global Total Hip Replacement Market Growth (Status and Outlook) 2024-2030

Global Total Hip Replacement Market Growth (Status and Outlook) 2024-2030

A hip replacement is an invasive surgical procedure, used to remove a diseased or fractured hip joint and replace it with an artificial joint or prosthesis. Osteoarthritis is one of the most common factors for hip diseases. Structures within the hip (such as the cartilage or bony joint surfaces) may get damaged due to overuse, trauma, or certain conditions, such as rheumatoid arthritis, tumors, and so on. This may lead to degenerative changes within the hip which can lead to osteoarthritis.

The global Total Hip Replacement market size is projected to grow from US$ million in 2023 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

LPI (LP Information)' newest research report, the “Total Hip Replacement Industry Forecast” looks at past sales and reviews total world Total Hip Replacement sales in 2023, providing a comprehensive analysis by region and market sector of projected Total Hip Replacement sales for 2024 through 2030. With Total Hip Replacement sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Total Hip Replacement industry.

This Insight Report provides a comprehensive analysis of the global Total Hip Replacement landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Total Hip Replacement portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Total Hip Replacement market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Total Hip Replacement and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Total Hip Replacement.

With developed medical and manufacturing technology, USA and Europe are the major supplier of Direct Anterior Hip Replacement. Manufacturers from these two regions have occupied about 80% of the global market.

This report presents a comprehensive overview, market shares, and growth opportunities of Total Hip Replacement market by product type, application, key players and key regions and countries.

Segmentation by type
Metal Material
Alloy Material
Resin Material

Segmentation by application
Age Below 45
Age 45-65
Age Above 65

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Johnson & Johnson
Stryker
Zimmer Biomet
Smith & Nephew
Wright Medical

Please note: The report will take approximately 2 business days to prepare and deliver.