Hip Implants Market Scope And Analysis

  • Report Code : TIPMD00002030
  • Category : Medical Device
  • No. of Pages : 150
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Hip Implants Market Scope and Key Players Analysis by 2030

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Hip Implants Market Report Scope

Report Attribute Details
Market size in 2022 US$ 6,816.6 Million
Market Size by 2030 US$ 9,425.4 Million
Global CAGR (2022 - 2030) 4.1%
Historical Data 2020-2022
Forecast period 2022-2030
Segments Covered By Product Type
  • Total Hip Replacement
  • Partial Hip Replacement
  • Hip Resurfacing
  • Revision Hip Implant
By Material
  • Metal-on-Polyethylene
  • Ceramic-on-Ceramic
  • Ceramic-on-Metal
  • Ceramic-on-Polyethylene
By End User
  • Hospital
  • Orthopedic Clinics
  • Ambulatory Surgical Centers
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • Smith Nephew
  • Exactech
  • Zimmer Biomet
  • Stryker Corporation
  • DJO Surgical Enovis
  • Medacta
  • Conformis
  • DePuy Orthopaedics
  • MicroPort Orthopedics
  • Industry Developments and Future Opportunities: 

    Various plans by key players operating in the Hip Implants Market are listed below:

    1. In August 2022, Exatech commercially launched a novel total hip arthroplasty system consisting of Spartan Stem and Logical Cup. The Spartan Hip Stem reflects contemporary patient needs and the newest advancements in surgical approach. The Logical Cup is an advanced, modular acetabular system designed to meet the demands of highly active patients while also enabling an efficient surgical process in hospitals and ambulatory surgical centers.
    2. Smith & Nephew launched OR3O Dual Mobility System in September 2022 for primary and revision hip arthroplasty in Japan. This advanced bearing surface, OXINIUM DH, is utilized for its linear and proprietary OXINIUM on XLPE for its polyethylene inserts and femoral head.

    Competitive Landscape and Key Companies:

    A few of the prominent players covered in the hip implants market report are Smith & Nephew, Exactech, Zimmer Biomet, Stryker Corporation, DJO Surgical (Enovis), Medacta, Conformis, DePuy Orthopaedics, MicroPort Orthopedics, and Symbios. These companies focus on geographic expansions and new product launches to meet the growing demand from consumers worldwide and increase their product range in specialty portfolios. Their global presence allows them to serve a large customer base, facilitating market expansion.