A hip replacement is a kind of surgery in which an injured or damaged hip joint is substituted with an artificial implant. It is used when the mobility is abridged and even in rest, pain is experienced. These are made up of metal, plastic or ceramic.
According to the International Osteoporosis Foundation, osteoporosis causes more than 8.9 million fractures annually, more than 200 million people are suffering from osteoporosis, worldwide, 1 in 3 women over the age of 50 years and 1 in 5 men will experience osteoporotic fractures in their lifetime. Osteoporosis has no clinical manifestations until there is a fracture.
Hip Replacement Implants market report is an in-depth study on how the status is and will be for the Abc industry. This report includes a study of marketing and development strategies, along with the product portfolios of the leading companies. The Global Hip Replacement Implants Market report also gives a deep knowledge of market definition, classifications, applications, engagements and market trends while also showing the CAGR levels for the Forecast years 2019-2026. The Hip Replacement Implants market report includes all the profiles of leading companies and brands that are driving the market with their recent developments, product launches, joint ventures, merges, and accusations. Hip Replacement Implants Industry SWOT analysis is used to find the market drivers and restraints. Some of the major players operating in global hip replacement implants market are Surgival, Synergie Ingenierie Medicale, evolutisfrance, Group FH Ortho communication, Integra LifeSciences Corporation,
Global Hip Replacement Implants Market is set to witness a steady CAGR of 3.8% in the forecast period of 2019-2026. The report contains data of the base year 2018 and historic year 2017.
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Segmentation Global Hip Replacement Implants Market
By Product Type
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- Partial Femoral
- Acetabular Reconstruction
- Bearing and Porous Metal Technologies
- Hip Resurfacing
- Revision Hip Implants
- Total Replacement Implants
- Fixed Bearing Hip Implants
- Mobile-Bearing Total Hip Implants
By Material
- Metal-On-Metal
- Metal-on-Polyethylene
- Ceramic-On-Metal
- Ceramic-On-Polyethylene
- Ceramic-On-Ceramic
By End Users
- Orthopedic Clinics
- Hospitals
- Surgery Centers
By Geography
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- Sweden
- Poland
- Denmark
- France
- United Kingdom
- Italy
- Spain
- Russia
- Turkey
- Belgium
- Netherlands
- Switzerland
- Rest of Europe
- Asia-Pacific
- Japan
- China
- South Korea
- India
- South Korea
- New Zealand
- Vietnam
- Australia
- Singapore
- Thailand
- Malaysia
- Indonesia
- Philippines
- Rest of Asia Pacific
- South America
- Brazil
- Rest of South America
- Middle East & Africa
- South Africa
- Rest of Middle East & Africa
Key Market Competitors:
Some of the major players operating in global hip replacement implants market are Zimmer Biomet, DePuy Synthes, Stryker, Smith and Nephew, B.Braun Melsungen AG, Corin, Waldemer Link GmbH & Co. KG, Wright Medical N.V., Arthrex, Inc., Conformis, Corentec Co., Ltd., Elite Surgical, Medacta International, Tecomet,Inc., Peter Brehm GmbH, MicroPort Orthopedics, Inc. and DJO Global among others.
Recent Developments: Global Hip Replacement Implants Market
The total hip replacement surgery is growing at a significant rate since the past decade. Many of our participants (Orthopedic Surgeons) in this report believed the growth is owing to factors both related to lifestyle and technological advancements.
Market Drivers
- Growing geriatric population is increasing the growth of the market
- Advancement in technology is enhancing the market growth
- Popular minimally invasive surgeries are increasing the market growth
- Growing application of hip implants is acting as a catalyst for the market growth
- Growing adoption of total hip replacement implants is boosting the market growth
Market Restraints
- High cost of surgeries is restraining the market growth
- Dearth of skilled professionals is hampering the market growth
- Strict rules for the approval of devices in the market restrict the market growth
Competitive Analysis: Global Hip Replacement Implants Market
The global hip replacement market is highly fragmented with various companies operating in local regions. The major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. Market shares included in the report are for U.S., Europe, APAC, Japan, China, South America and Middle East and Africa.
The Top Key Players include: Conformis, Corentec Co., Ltd., Elite Surgical, Surgival, Synergie Ingenierie Medicale, evolutisfrance, Group FH Ortho communication, Integra LifeSciences Corporation, Medacta International, Tecomet,Inc., Peter Brehm GmbH, MicroPort Orthopedics, Inc. and DJO Global among others.
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Products of the report
- Historical and current market size and projection up to 2026.
- Competitive landscape
- Potential and niche segments/regions exhibiting promising growth
- The study provides an in-depth analysis of the global Hip Replacement Implants Market and current & future trends to elucidate imminent investment pockets.
- Analyze and forecast Hip Replacement Implants Market on the basis of type, function and application.
- Company profiling of key players which includes business operations, product and services, geographic presence, recent developments and key financial analysis.
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Key Reasons to Purchase Hip Replacement Implants Report:
- To gain insightful analyses of the market and have comprehensive understanding of the Global Hip Replacement Implants and its commercial landscape.
- Assess the Hip Replacement Implants production processes, major issues, and solutions to mitigate the development risk.
- To understand the most affecting driving and restraining forces in the Hip Replacement Implants and its impact in the Global market.
- Learn about the market strategies that are being adopted by leading respective organizations.
- To understand the future outlook and prospects for Global Hip Replacement Implants.
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