Hip Implants Market Scope and Key Players Analysis by 2030
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
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Industry Developments and Future Opportunities:
Various plans by key players operating in the Hip Implants Market are listed below:
- 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.
- 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.