The global Hip Implants market garnered revenue around USD XX Billion in 2019 and projected to reach USD 10 Billion in 2027, with at a compound annual growth rate of 5.1% throughout the estimate period from 2020 to 2027.
Hip implants are medical devices used to relieve pain and restore mobility in patients suffering from hip-related problems. They usually associated with arthritis and other hip diseases or injuries. Increasing hip replacement surgeries is the primary factor attributed to the growth of the market.
Growing prevalence of hip-related disorders. For instance, as per a survey, nearly 130 million people are expected to incur osteoarthritis worldwide by 2050, of whom 40 million are likely to be severely disabled by it.
Increasing mergers & acquisitions by prominent players in the market. For instance, In September 2019, DePuy Synthes acquired assets of JointPoint, Inc. to enhance reproducibility in hip replacement and surgical accuracy.
Increasing demand for hip replacement surgeries
Introduction of custom-made implants
Growing geriatric population
Rise in incidence of accidental injuries
This research report encompasses precise assessment of the market with the help of comprehensive qualitative insights and supportable prognoses regarding market size, consumption and production. The projections presented in the report have been derived using proven research methodologies and assumptions. It does so by means of comprehensive qualitative insights, historical statistics, and verifiable predictions about market revenue and sales.
The rapidly budding threat owed to the eruption of COVID-19 is impacting lives, communities, businesses, and industries across the globe. With businesses shuttered, flights grounded, COVID-19 is about to affect the global economy in different ways such as by directly upsetting production and demand, by generating supply chain disruption, and by its financial impact on firms and financial markets. Therefore, this report covers COVID-19 outbreak impact analysis on the Hip Implants market under the research study. The market estimates offered in the report are the outcome of in-depth extensive secondary research, primary interviews and in-house professional assessments. These market evaluations have been measured by reviewing the impact of numerous social, political and economic factors coupled with recent market dynamics affecting the Hip Implants market growth.
The global Hip Implants market is characterized by the presence of numerous small as well as medium scale companies. These players are largely focused towards forward integration via raw material production, product manufacturing, and distribution across various industry verticals. The report recognizes numerous crucial manufacturers of the market. This research study aids to comprehend the strategies and associations that companies are converging to survive in this competitive marketplace. This report assists in understanding footprints of the manufacturers with the help of their global revenue, production, capacity and average selling price analysis for period 2016-2027.
Major manufacturers analysed under this study comprises:
Zimmer Biomet Holdings, Inc. (US)
Stryker Corporation (UK)
Smith & Nephew PLC (UK)
MicroPort Scientific Corporation (China)
Exactech, Inc. (US)
OMNILife science, Inc. (US)
Braun Melsungen AG (Germany)
DJO Global, Inc. (US)
Aesculap Implant Systems, LLC (US)
Corin (UK)
This report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region. This research report delivers the analysis and prognosis of revenue, production, price, market share and growth trend for different products such as:
By Product
Total Hip Replacement Implants:
Fixed-Bearing Hip Implants:
Mobile-Bearing Total Hip Implants:
Partial Hip Replacement Implants:
Hip Resurfacing Implants:
Revision Hip Replacement Implants:
Hip Implants Market By Material
Metal-on-Polyethylene:
Ceramic-on-Metal:
Metal-on-Metal:
Ceramic-on-Polyethylene:
Ceramic-on-Ceramic:
Hip Implants Market By End-User
Hospitals:
Orthopedic Clinics:
Ambulatory Surgical Centers:
Others:
Regional Analysis and Forecast
Further, this research study analyses market size, production, consumption and its advancement trends at global, regional, and country level for period 2016 to 2027 and covers following region in its scope:
North America
? U.S.
? Canada
Europe
? Germany
? U.K.
? Italy
? France
? Rest of EU
Asia Pacific
? China
? India
? Japan
? Southeast Asia
? Rest of APAC
Central & South America
? Brazil
? Argentina
? Rest of Central & South America
Middle East and Africa
? UAE
? Saudi Arabia
? Rest of MEA
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