Hip Replacement Market Report with Covid Impact - Global - 2022-2028 - MedCore
The total global hip replacement market is growing at a rate of 5.3%, which will take the 2021 market value of $8.7 billion up to $12.5 billion by 2028. One of the key trends within the market is the shift toward using cementless implants, and the cemented total hip replacement procedures are losing market share.
The full report suite on the global market for hip replacement devices covers multiple segments and sub-segments including total hip replacement, partial hip replacement and hip replacement revision. The top competitors within the global hip replacement market are Zimmer Biomet, DePuy Synthes, and Stryker.
MARKET REPORT DATA TYPES INCLUDED
Procedure Numbers, Unit Sales, Average Selling Prices, Market Value & Growth Trends
COVID-19 Impact Analysis
10 Year Scope and Forecast Range
Market Drivers & Limiters for Each Segment
Competitive Analysis with Market Shares for Each Segment
Recent Mergers & Acquisitions
Disease Overviews and Demographic Information
Company Profiles and SWOT for Top Competitors
GLOBAL HIP REPLACEMENT MARKET TRENDS
One of the main market drivers surrounds the growth within the revision segment. As younger people tend to require implants, and the lifespan of the implants typically lasts 15 years, there is a much higher chance that younger individuals will require a revision later in life. Older individuals who receive implants usually do not outlive the lifespan of the implant and therefore typically do not require a revision.
GLOBAL HIP REPLACEMENT MARKET SHARE INSIGHTS
Overall, within the global hip replacement market there are three dominant competitors: Zimmer Biomet, DePuy Synthes, and Stryker. Alongside these three market share leaders are a multitude of other competitors included within the market analysis. Zimmer Biomet led the overall global hip replacement device market in 2021. The company benefited from the issues associated with the use of metal-on-metal hip implant systems, since its product line offers alternatives to these bearing types.
MARKET SEGMENTATION SUMMARY
You can view all these included reports and segmentation here:
Total Hip Replacement Market
Partial Hip Replacement Market
Hip Replacement Revision Devices Market
RESEARCH SCOPE SUMMARY
Regions – North America (Canada, United States), Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela), Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.), Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine), Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam), Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Base Year – 2021
Forecast – 2022-2028
Historical Data – 2018-2021
Quantitative Coverage – Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative Coverage – COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
Data Sources – Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.
WHY CHOOSE iDATA?
Experts Only – iData has been around for over 17 years and is the trusted source of intelligence, and data-driven insights for key industry players. We are made up of specialists with a sole focus on medical devices, dental devices and pharmaceuticals. Our research and consulting field of endeavour never strays from the medical device industry and, because of this, we are the number one choice for leading companies in this field.
Global Coverage - iData's unique methodology, and its expansion to over 70 countries world-wide, has made it one of the most viable sources of intelligence for global companies along with those who plan to expand their portfolio beyond the confines of their own country. Providing procedural data at the country level is another testimony to the trusted global coverage we provide.
Attention to Detail - It’s our attention to small details, scheduling of timelines, and keen project management that makes us stand out from the rest. We are creative, and our reports include metrics such as procedure numbers, ASPs, and SKU-level insights that are not found elsewhere.
Pricing - When comparing like-with-like, iData's prices are not only extremely competitive but also the most cost-effective. We strive for success and want the same for our clients. With the level of detail incorporated into each report alongside the extensive segmentation provided, no other report compares at our price point.
Work with us, and you’ll work with seasoned professionals – vigilant of deadlines, and committed to providing the most up-to-date, accurate medical device market research.
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