Hip Replacement Implants Market : Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015 to 2020 and Forecast 2021 to 2027

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Hip Replacement Implants Market By Product Type (Partial Hip replacement Implants, Total Hip replacement Implants, Revision Hip Replacement Implants, Resurfacing Implants), By Material (Metal-on-Plastic, Metal-on-Metal, Ceramic-on-Metal, Ceramic-on-Plastic, Ceramic-on-Ceramic), By End User (Hospitals, Clinics, Ambulatory Surgical Centers (ASCs)), and Geography

 

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Report

Description

Hip Replacement Implants Market Outline:

Hip replacement implants are used in the hip replacement surgery. Hip replacement surgery can be performed as a partial hip replacement or total hip replacement. Hip replacement surgery conducted to damaged hips due to arthritis, hip fracture, or musculoskeletal disorders. Hip replacement implants are made up of various materials such as metal on metal, metal on plastic, ceramic on plastic, and ceramic on ceramic among others. Hip Replacement Implants Market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). This report on global market gives historical, current, and future market sizes (US$ Bn) of product type, material, enduser and geographic regions. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policymakers engaged in manufacturing and supply.

Hip Replacement Implants Market

MARKET SUMMARY
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  • Study Period– 2021 – 2027
  • Base Year– 2020
  • CAGR–X%
  • Largest Market– North America
  • Fastest Growing Market– Europe

Hip Replacement Implants Market Analysis

  • The major market participants are adopting the strategies such as mergers and acquisitions to position themselves as strong players.
  • In March 2018, Depuy Synthes launched the ACTIS total hip system in U.S.
  • Meitra Hospital Kozhikode announced the beginning of Robotic Joint Replacement Surgery in August 2021.
  • It’s a huge step toward adopting modern, inventive, and cutting-edge technology to help patients with joint replacement procedures heal faster and more completely.
Market Leaders
  • Stryker Corporation (U.S.)
  • Zimmer Biomet Holdings (U.S.)
  • DePuy Synthes (U.S.)
  • Smith & Nephew plc (U.K.)
  • Braun Melsungen AG (Germany)
  • Exactech, Inc. (U.S.)
  • Integra LifeSciences (U.S.)
  • MicroPort Orthopedics, Inc (U.S.A)
  • OMNIlife science Inc. (U.S.)
  • ConforMIS(U.S.)
Hip Replacement Implants Market

Drivers and Restraints

Increase in the prevalence of osteoporosis and rheumatoid arthritis is a key factor drives the global market over the forecast years. Moreover, technological advancements of hip replacement surgeries, rise in R&D for the development of innovative implants, grow in popularity for the total hip arthroplasty, government initiations to provide care to senior citizen, and rise in healthcare expenditure are surge the global market. However, high cost of products, stringent regulations for product approval, and dearth of skilled professionals are restrain the global knee replacement market over the forecast timeframe.


Hip Replacement Implants Market Regional Analysis

North America dominates the market

North America market is poised to grow due to rise in prevalence of osteoarthritis and rheumatoid arthritis, increase in R&D for the development of newer hip replacement implants by market players, and sophisticated healthcare infrastructure are bolster the market. Europe market is driving by rise in adoption of newer hip replacement implants and procedures, presence of skilled professionals in developed countries, and increase in the number of hip replacement surgeries in Europe region are surge the market. Asia Pacific market has prominent share attributed to increase in the medical tourism in Asia Pacific countries, rise in disposable income, and large patient pool in Asia Pacific region are fuel the market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The report provides granular level information about the market size, regional market share, historic market (2015-2020) and forecast (2021-2027)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of the socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Hip Replacement Implants Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

2021 is the base year and 2028 is the forecast year.

The report covers the five regions and 15+ countries market data: North America (United States, Canada), Europe (Germany, France, Italy, Spain, and United Kingdom (UK), Asia Pacific (China, India, Japan, Australia & New Zealand), Latin America (Brazil, Mexico, Argentina) and Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa).

In our report, we provide 12-15 market players’ information into the report. However, based on the client’s request we will provide additional country and regional market players information as well.


Report

Table Of Content


Report

Company Profile

  • Stryker Corporation (U.S.)
  • Zimmer Biomet Holdings (U.S.)
  • DePuy Synthes (U.S.)
  • Smith & Nephew plc (U.K.)
  • Braun Melsungen AG (Germany)
  • Exactech, Inc. (U.S.)
  • Integra LifeSciences (U.S.)
  • MicroPort Orthopedics, Inc (U.S.A)
  • OMNIlife science Inc. (U.S.)
  • ConforMIS(U.S.)

Description

Hip Replacement Implants Market Outline:

Hip replacement implants are used in the hip replacement surgery. Hip replacement surgery can be performed as a partial hip replacement or total hip replacement. Hip replacement surgery conducted to damaged hips due to arthritis, hip fracture, or musculoskeletal disorders. Hip replacement implants are made up of various materials such as metal on metal, metal on plastic, ceramic on plastic, and ceramic on ceramic among others. Hip Replacement Implants Market report gives a comprehensive outlook across the globe with special emphasis on key regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa (MEA). This report on global market gives historical, current, and future market sizes (US$ Bn) of product type, material, enduser and geographic regions. This report studies market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes regulatory scenario and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed the market to better equip clients with possible investment opportunities across the regions (Regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the report include suppliers, manufacturers, marketers, policymakers engaged in manufacturing and supply.

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