Hip Replacement Implants Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET INTRODUCTION

To reestablish mobility and relieve pain associated with arthritis and other hip diseases or injuries, a medical device called hip implants are used. Every hip implant has advantages and risks. Every hip implant system has different device design features such as size, shape, and material, and dimensions. Depending upon the different brands and types of joint replacement, most hip replacements last for at least 15 years.

MARKET DYNAMICS

Growing demand for hip arthroplasty or hip replacement surgical procedures, the rising geriatric population across the globe, and increasing prevalence of lower extremity conditions such as Osteoarthritis (OA), osteoporosis, and hip ailments are some influential growth factors for hip replacement implants market. Moreover, robot-assisted surgeries numbers have boosted the success rate of minimally invasive surgeries, which in turn is expected to provide lucrative growth avenues to this market in the forecasted period.

MARKET SCOPE

The "Hip Replacement Implants Market Analysis to 2031" is a specialized and in-depth study of the healthcare industry with a special focus on the global market trend analysis. The report aims to provide an overview of hip replacement implants market with detailed market segmentation by product, application, and end user. The hip replacement implants market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading players in hip replacement implants market and offers key trends and opportunities in the market.

MARKET SEGMENTATION

The hip replacement implants market is segmented on the basis of product, application, and end user. Based on product, the market is segmented as total hip, partial femoral head, hip resurfacing, and revision hip. Based on application, the market is segmented as metal-on-metal, metal-on-polyethylene, ceramic-on-polyethylene, ceramic-on-metal, and ceramic-on-ceramic. By end user, the market is segmented as orthopedic clinics, hospitals and surgery centers, and others.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the hip replacement implants market based on various segments. It also provides market size and forecast estimates from year 2021 to2031with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The hip replacement implants market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting hip replacement implants market from both demand and supply side and further evaluates market dynamics affecting the market during forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South & Central America after evaluating political, economic, social and technological factors effecting the hip replacement implants market in these regions.

MARKET PLAYERS

The report covers key developments in the hip replacement implants market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from hip replacement implants market are anticipated to have lucrative growth opportunities in the future with the rising demand for hip replacement implants in the global market. Below mentioned is the list of few companies engaged in the hip replacement implants market.

The report also includes the profiles of key players in hip replacement implants market along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and product, application, and end users offered, financial information of last 3 years, key development in past five years.

•   CONMED CORPORATION
  
•   AESCULAP IMPLANT SYSTEMS, LLC
  
•   DJO GLOBAL, INC
  
•   B. BRAUN MELSUNGEN AG
  
•   OMNILIFE SCIENCE, INC.
  
•   EXACTECH, INC.
  
•   MICROPORT SCIENTIFIC CORPORATION
  
•   SMITH AND NEPHEW PLC
  
•   STRYKER CORPORATION
  
•   JOHNSON AND JOHNSON
  

The Insight Partner's dedicated research and analysis team consists of experienced professionals with advanced statistical expertise and offers various customization options in the existing study.

Hip Replacement Implants Report Scope