Global Hip Reconstruction Devices Market to Reach $19.9 Billion by 2030
The global market for Hip Reconstruction Devices estimated at US$14 Billion in the year 2022, is projected to reach a revised size of US$19.9 Billion by 2030, growing at a CAGR of 4.5% over the analysis period 2022-2030. Primary Hip Replacement Hip Reconstruction Devices, one of the segments analyzed in the report, is projected to record 5.1% CAGR and reach US$10.1 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Partial Hip Replacement Hip Reconstruction Devices segment is readjusted to a revised 3.7% CAGR for the next 8-year period.The U.S. Market is Estimated at $3.8 Billion, While China is Forecast to Grow at 7.6% CAGR
The Hip Reconstruction Devices market in the U.S. is estimated at US$3.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.2 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 3.7% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3% CAGR.Select Competitors (Total 11 Featured) -
- B. Braun Melsungen AG
- Corin Group PLC
- DePuy Synthes
- Exactech, Inc.
- MicroPort Scientific Corporation
- Smith & Nephew PLC
- Stryker Corporation
- United Orthopedic Corporation
- Waldemar Link GmbH & Co. KG
- Zimmer Biomet Holdings, Inc.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- B. Braun Melsungen AG
- Corin Group PLC
- DePuy Synthes
- Exactech, Inc.
- MicroPort Scientific Corporation
- Smith & Nephew PLC
- Stryker Corporation
- United Orthopedic Corporation
- Waldemar Link GmbH & Co. KG
- Zimmer Biomet Holdings, Inc.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 179 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 14 Billion |
Forecasted Market Value ( USD | $ 19.9 Billion |
Compound Annual Growth Rate | 4.5% |
Regions Covered | Global |