The Global Hip Replacement Implants Market is expected to USD 7.1 billion by 2024, from USD 5.3 billion in 2016 growing at a CAGR of 3.6% during the forecast period of 2017 to 2024.
Global Hip Replacement Implants Market, By Product Type (Cemented Total Hip Implant, Cement Free Total Hip Implant, Partial Femoral Head Implant, Hip Resurfacing, Revision Hip Implants), By End-Users (Orthopedic Clinics, Hospitals, Surgery Centers), By Surgery Numbers (Total Hip Replacement, Partial Hip Replacement, Revision Hip Replacement, Hip Resurfacing), By Geography (North America, Europe, Asia-Pacific, South America and Middle East and Africa) – Industry Trends and Forecast to 2024 .
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Key Market Competitors:
Some of the major players operating in this market are:
- Zimmer Biomet
- Depuy Synthes
- Smith and Nephew
- Braun Melsungen AG
- Corin, Waldemer Link GmbH & Co. KG
- Wright Medical N.V.
- Arthrex, Inc.
- ConforMIS, Corentec
- Elite Surgical Supplies (PTY) Ltd
- Euros France
- FH Orthopedics
- Integra LifeSciences
- Lima Corporate
- Peter Brehm
- Shanghai MicroPort Orthopedics
- Synergie Ingénierie Médicale
- Wright Medical
- V., Tecomet and
- DJO Global among others.
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Definition : Global Hip Replacement Implants Market
Hip replacement is a surgical procedure which is performed by the doctors so that they can remove painful hip joint with an artificial joint often made from metal and plastic component. This procedure is usually done when all the other medicines and treatment were not able to provide required relief to the patient. Cemented total hip implant, hip resurfacing, revision hip implant and femoral head implant are some of the common type of hip replacement implant.
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The hip replacement market is segmented on the basis of
- Product: On the basis of product type the hip replacement implants market is segmented into 4 type total hip implant, partial femoral head implant, hip resurfacing, and revision hip implants.
- End User: On the basis of end user the hip replacement implants market is segmented into orthopedic clinics, hospitals and surgery centers. Hospitals market segment is expected to dominate the end users segment with a share of approximately 74.1% market share, owing to nature of these surgeries being mostly inpatient.
- Geography: Based on geography the report covers data points for 52 countries across multiple geographies namely North & South America, Europe, Asia-Pacific and, Middle East & Africa.
Competitive Analysis: Global Hip Replacement Implants Market
The global hip replacement market is highly fragmented with various companies operating in local regions.
The major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Market shares included in the report are for U.S., Europe, APAC, Japan, China, South America and Middle East and Africa.
Table of Contents:
- Market Segmentation
- Market Overview
- Executive Summary
- Premium Insights
- Global, By Component
- Product Type
- Industry Type
10.2. North America
10.5. South America
10.6. Middle East & Africa
- Company Landscape
- Company Profiles
- Related Reports
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