Hip Reconstruction Devices Market: By Type, By Fixation Type, By End Users, and Region Forecast 2019-2030  

Hip Reconstruction Devices Market Size, Share, Growth, Trends, and Global Industry Analysis: By Type (Revision Hip Reconstruction Devices, Primary Hip Reconstruction Devices, Partial Hip Reconstruction Devices, Total Hip Reconstruction Devices, and Hip Resurfacing Devices), By Fixation Type (Cement Less, Hybrid, and Cement), By End Users (Orthopaedic Clinics, Hospitals, and Ambulatory Surgical Centres), and Region Forecast 2019-2030  

Hip Reconstruction Devices Market size was valued at US$ 6.2 billion in 2023 and is poised to grow at a CAGR of 3.2% from 2024-2030. Hip reconstruction is a process of replacing diseased or damaged parts of the knee and hip joints by artificial prosthesis. Artificial prostheses are made up of various type of materials such as ceramics, plastic and metals. Hip reconstruction process includes implants used in revision hip replacement procedure and primary hip replacement procedures. Hip reconstruction procedure is a rapid growing process in orthopaedic sector. Various advancements in hip reconstruction process is driving the market growth rapidly.

Introduction of new procedures like partial hip replacement and hip resurfacing are attributing for the swift penetration of the hip reconstruction devices. Market players are focusing on various growth strategies such as new product developments, mergers and acquisitions, collaborations and partnerships etc. in order to enhance their market position. Market research report considers the influence of COVID-19 on the market and includes insights, analysis, projections, and predictions.

Key Developments

  • In May 2014, DePuy Synthes introduced three new products for replacements of knee, hip and shoulder.

Hip Reconstruction Devices Market Summary

Study Period

2024-2030

Base Year

2023

CAGR

3.2%

Largest Market

North America

Fastest Growing Market

Europe

Hip Reconstruction Devices Market Dynamics

Growing geriatric population pool globally, increase in prevalence of orthopaedic disorders and diseases are the major factors that are driving the growth of hip reconstruction devices market. Furthermore, growing awareness regarding orthopaedic diseases, demand for the innovative treatments, and increase in adoption of minimally invasive methods and products are propelling the growth of the market. Moreover, growing orthopaedic diseases prevalence in children and increase in number of orthopaedic surgeries is also boosting the growth of the market.

According to centres for Medicare and Medicaid services, it is estimated that 255 in 4, 00,000 hip and knee replacement surgeries are reported annually and according to the U.S Department of Health and Human Services, about 294,000 children below 18 years are suffering with rheumatic conditions. However, availability of various other non-surgical treatment options, lack of awareness regarding reconstruction of joints, high cost associated with the procedure may hinder the growth of the market.

Hip Reconstruction Devices Market Segmentation Analysis

Report Benchmarks

Details

Report Study Period

2024-2030

Market Size in 2023

US$ 6.2 billion

Market CAGR

3.2%

By Type

  • Revision Hip Reconstruction Devices
  • Primary Hip Reconstruction Devices
  • Partial Hip Reconstruction Devices
  • Total Hip Reconstruction Devices
  • Hip Resurfacing Device

By Fixation Type

  • Cement Less
  • Hybrid
  • Cement

By End-User

  • Orthopaedic Clinics
  • Hospitals
  • Ambulatory Surgical Centres

By Region

  • North America (U.S., Canada)
  • Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
  • Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)

Key Features of the Report

  • The hip reconstruction devices market report provides granular level information about the market size, regional market share, historic market (2019 to 2023) and forecast (2024 to 2030)
  • The report covers in-detail insights about the competitors 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 startups 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 socio-political environment through PESTLE Analysis and competition through Porters Five Force Analysis

Download Free Sample Report

Frequently Asked Questions

Hip reconstruction devices market size was valued at US$ 6.2 billion in 2023 and anticipated to rise at a CAGR of 3.2% over 2024-2030.

Expanding Geriatric Population

Europe is the fastest-growing for hip reconstruction devices market

Author image

Author

Muni Kumar Meravath

Muni Kumar Meravath is a seasoned Healthcare Market Research Analyst with over 6 years of experience in the healthc.....

1. Executive Summary
2. Global Hip Reconstruction Devices Market Introduction 
2.1.Global Hip Reconstruction Devices Market  - Taxonomy
2.2.Global Hip Reconstruction Devices Market  - Definitions
2.2.1.Type
2.2.2.Fixation Type
2.2.3.End User
2.2.4.Region
3. Global Hip Reconstruction Devices Market Dynamics
3.1. Drivers
3.2. Restraints
3.3. Opportunities/Unmet Needs of the Market
3.4. Trends
3.5. Product Landscape
3.6. New Product Launches
3.7. Impact of COVID 19 on Market
4. Global Hip Reconstruction Devices Market Analysis, 2019 - 2023 and Forecast 2024 - 2030
4.1.  Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
4.2.  Year-Over-Year (Y-o-Y) Growth Analysis (%) 
4.3.  Market Opportunity Analysis 
5. Global Hip Reconstruction Devices Market  By Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
5.1. Revision Hip Reconstruction Devices
5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.1.3. Market Opportunity Analysis 
5.2. Primary Hip Reconstruction Devices
5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.2.3. Market Opportunity Analysis 
5.3. Partial Hip Reconstruction Devices
5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.3.3. Market Opportunity Analysis 
5.4. Total Hip Reconstruction Devices
5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.4.3. Market Opportunity Analysis 
5.5. Hip Resurfacing Device
5.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
5.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
5.5.3. Market Opportunity Analysis 
6. Global Hip Reconstruction Devices Market  By Fixation Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
6.1. Cement Less
6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.1.3. Market Opportunity Analysis 
6.2. Hybrid
6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.2.3. Market Opportunity Analysis 
6.3. Cement
6.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
6.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
6.3.3. Market Opportunity Analysis 
7. Global Hip Reconstruction Devices Market  By End User, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
7.1. Orthopaedic Clinics
7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.1.3. Market Opportunity Analysis 
7.2. Hospitals
7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.2.3. Market Opportunity Analysis 
7.3. Ambulatory Surgical Centres
7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
7.3.3. Market Opportunity Analysis 
8. Global Hip Reconstruction Devices Market  By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
8.1. North America
8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.1.3. Market Opportunity Analysis 
8.2. Europe
8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.2.3. Market Opportunity Analysis 
8.3. Asia Pacific (APAC)
8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.3.3. Market Opportunity Analysis 
8.4. Middle East and Africa (MEA)
8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.4.3. Market Opportunity Analysis 
8.5. Latin America
8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million)
8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) 
8.5.3. Market Opportunity Analysis 
9. North America Hip Reconstruction Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
9.1. Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.1.1.Revision Hip Reconstruction Devices
9.1.2.Primary Hip Reconstruction Devices
9.1.3.Partial Hip Reconstruction Devices
9.1.4.Total Hip Reconstruction Devices
9.1.5.Hip Resurfacing Device
9.2.  Fixation Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.2.1.Cement Less
9.2.2.Hybrid
9.2.3.Cement
9.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.3.1.Orthopaedic Clinics
9.3.2.Hospitals
9.3.3.Ambulatory Surgical Centres
9.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
9.4.1.United States of America (USA)
9.4.2.Canada
10. Europe Hip Reconstruction Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
10.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.1.1.Revision Hip Reconstruction Devices
10.1.2.Primary Hip Reconstruction Devices
10.1.3.Partial Hip Reconstruction Devices
10.1.4.Total Hip Reconstruction Devices
10.1.5.Hip Resurfacing Device
10.2.  Fixation Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.2.1.Cement Less
10.2.2.Hybrid
10.2.3.Cement
10.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.3.1.Orthopaedic Clinics
10.3.2.Hospitals
10.3.3.Ambulatory Surgical Centres
10.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
10.4.1.Germany
10.4.2.France
10.4.3.Italy
10.4.4.United Kingdom (UK)
10.4.5.Spain
10.4.6.Rest of EU
10.4.7.
11. Asia Pacific (APAC) Hip Reconstruction Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
11.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.1.1.Revision Hip Reconstruction Devices
11.1.2.Primary Hip Reconstruction Devices
11.1.3.Partial Hip Reconstruction Devices
11.1.4.Total Hip Reconstruction Devices
11.1.5.Hip Resurfacing Device
11.2.  Fixation Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.2.1.Cement Less
11.2.2.Hybrid
11.2.3.Cement
11.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.3.1.Orthopaedic Clinics
11.3.2.Hospitals
11.3.3.Ambulatory Surgical Centres
11.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
11.4.1.China
11.4.2.India
11.4.3.Australia and New Zealand (ANZ)
11.4.4.Japan
11.4.5.Rest of APAC
12. Middle East and Africa (MEA) Hip Reconstruction Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
12.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.1.1.Revision Hip Reconstruction Devices
12.1.2.Primary Hip Reconstruction Devices
12.1.3.Partial Hip Reconstruction Devices
12.1.4.Total Hip Reconstruction Devices
12.1.5.Hip Resurfacing Device
12.2.  Fixation Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.2.1.Cement Less
12.2.2.Hybrid
12.2.3.Cement
12.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.3.1.Orthopaedic Clinics
12.3.2.Hospitals
12.3.3.Ambulatory Surgical Centres
12.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
12.4.1.GCC Countries
12.4.2.South Africa
12.4.3.Rest of MEA
13. Latin America Hip Reconstruction Devices Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million)
13.1. Type Analysis  and Forecast  by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.1.1.Revision Hip Reconstruction Devices
13.1.2.Primary Hip Reconstruction Devices
13.1.3.Partial Hip Reconstruction Devices
13.1.4.Total Hip Reconstruction Devices
13.1.5.Hip Resurfacing Device
13.2.  Fixation Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.2.1.Cement Less
13.2.2.Hybrid
13.2.3.Cement
13.3.  End User Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.3.1.Orthopaedic Clinics
13.3.2.Hospitals
13.3.3.Ambulatory Surgical Centres
13.4.  Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) 
13.4.1.Brazil
13.4.2.Mexico
13.4.3.Rest of LA
14. Competition Landscape
14.1.  Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) 
14.2.1.Medtronic (US)
14.2.2.DePuySynthes (US)
14.2.3.Stryker (US)
14.2.4.Medacta(US)
14.2.5.Smith&Nephew (US)
14.2.6.FH ORTHOPEDICS(France)
15. Research Methodology 
16. Appendix and Abbreviations 

Key Market Players

  • Medtronic
  • DePuySynthes
  • Stryker
  • Medacta
  • Smith&Nephew
  • FH ORTHOPEDICS
  • Zimmer Biomet Holdings
  • IntegraLifeSciences

Related Industry Reports