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Global Hip Replacement Implants Market Report and Forecast 2023-2031

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  • 147 Pages
  • May 2023
  • Region: Global
  • Expert Market Research
  • ID: 5797997
The global hip replacement implant market value was USD 7.26 billion in 2022, driven by the increasing prevalence of hip-related disorders across the globe. The market size is anticipated to grow at a CAGR of 5.2% during the forecast period of 2023-2031 to achieve a value of USD 11.46 billion by 2031.

Hip Replacement Implant: Introduction

Hip replacement implants are medical devices used to replace the hip joint with an artificial one. This procedure is often recommended for patients who suffer from severe hip pain or arthritis, which affects their mobility and quality of life. Hip replacement implants can be made of different materials, including metal, plastic, and ceramic. The implant consists of a socket, which is placed in the hip bone, and a ball, which is attached to the top of the femur bone. The two components work together to create a new joint that mimics the natural movement of the hip.

There are different types of hip replacement implants available in the market, including cemented and uncemented implants, as well as those with different fixation methods. The choice of implant depends on various factors, such as the patient's age, weight, bone density, and activity level.

Hip replacement surgery is a major surgical procedure that requires careful planning and preparation. Patients need to undergo a comprehensive evaluation to determine their candidacy for the procedure. The surgeon will also discuss the risks and benefits of the surgery and the expected outcome with the patient before proceeding.

Overall, hip replacement implants have significantly improved the quality of life for millions of patients worldwide by reducing pain, restoring mobility, and improving their ability to perform daily activities.

Hip Replacement Implant Market Scenario

Hip replacement implant is a medical device used to replace the damaged or diseased hip joint with an artificial implant. The procedure is commonly performed in individuals suffering from osteoarthritis, rheumatoid arthritis, hip fractures, and other hip-related disorders. The increasing prevalence of hip-related disorders, along with technological advancements in hip implants and surgical techniques, is driving the growth of the hip replacement implant market. The market is highly competitive with several key players operating in the market, offering a wide range of hip replacement implant products.

The growing demand for minimally invasive procedures and personalized implants is expected to drive the market growth in the coming years. Additionally, the rising geriatric population and the need for reducing hospital stay and improving post-operative recovery time are expected to boost market growth. However, the high cost of the hip replacement procedure and the associated risks may hinder the market growth to some extent.

Hip Replacement Implant Market Segmentations

Market Breakup by Product

  • Total Hip Replacement
  • Partial Femoral Head
  • Hip Resurfacing
  • Revision Hip

Market Breakup by Component

  • Ace Tabular Cup Systems
  • Hip Stem Systems
  • Revision Accessories and Components

Market Breakup by Application

  • Metal-on-Metal
  • Metal-on-Polyethylene
  • Ceramic-on-Polyethylene
  • Ceramic-on-Metal
  • Ceramic-on-Ceramic

Market Breakup by End User

  • Orthopedic Clinics
  • Hospitals and Surgery Centres
  • Others

Market Breakup by Region

North America

  • United States of America
  • Canada


  • United Kingdom
  • Germany
  • France
  • Italy
  • Others

Asia Pacific

  • China
  • Japan
  • India
  • Australia
  • Others

Latin America

  • Brazil
  • Argentina
  • Mexico
  • Others

Middle East and Africa

  • Saudi Arabia
  • United Arab Emirates
  • Nigeria
  • South Africa
  • Others

Key Trends in the Hip Replacement Implant Market

Some of the key market trends are as follows:
  • Growing demand for minimally invasive hip replacement procedures
  • Technological advancements in hip implants and surgical techniques
  • Increasing preference for personalized implants and patient-specific instrumentation
  • Rising prevalence of osteoarthritis and other hip-related disorders
  • Growing adoption of cementless hip implants due to reduced risk of infection and improved implant stability
  • Increasing focus on reducing hospital stay and improving post-operative recovery time
  • Growing geriatric population and their high susceptibility to hip-related disorders

Hip Replacement Implant Market: Competitor Landscape

The key features of the market report include patent analysis, grants analysis, clinical trials analysis, funding and investment analysis, partnerships, and collaborations analysis by the leading key players. The major companies in the market are as follows:
  • Zimmer Biomet Holdings, Inc
  • Stryker Corporation
  • Smith & Nephew plc
  • MicroPort Scientific Corporation
  • Exactech, Inc
  • B. Braun Melsungen AG
  • DJO, LLC
  • Smith & Nephew plc
  • OMNIlife Science, Inc
  • Aesculap Implant Systems, LLC
  • ConMed Corporation

Table of Contents

1 Preface
1.1 Objectives of the Study
1.2 Key Assumptions
1.3 Report Coverage - Key Segmentation and Scope
1.4 Research Methodology
2 Executive Summary
3 Global Hip Replacement Implant Market Overview
3.1 Global Hip Replacement Implant Market Historical Value (2016-2022)
3.2 Global Hip Replacement Implant Market Forecast Value (2023-2031)
4 Global Hip Replacement Implant Market Landscape
4.1 Global Hip Replacement Implant Developers Landscape
4.1.1 Analysis by Year of Establishment
4.1.2 Analysis by Company Size
4.1.3 Analysis by Region
4.2 Global Hip Replacement Implant Product Landscape
4.2.1 Analysis by Product
4.2.2 Analysis by Component
4.2.3 Analysis by Application
4.2.4 Analysis by End User
5 Global Hip Replacement Implant Market Dynamics
5.1 Market Drivers and Constraints
5.2 SWOT Analysis
5.3 Porter’s Five Forces Model
5.4 Key Demand Indicators
5.5 Key Price Indicators
5.6 Industry Events, Initiatives, and Trends
5.7 Value Chain Analysis
6 Global Hip Replacement Implant Market Segmentation
6.1 Global Hip Replacement Implants Market by Product
6.1.1 Market Overview
6.1.2 Total Hip Replacement
6.1.3 Partial Femoral Head
6.1.4 Hip Resurfacing
6.1.5 Revision Hip
6.2 Global Hip Replacement Implants Market by Component
6.2.1 Market Overview
6.2.2 Ace Tabular Cup Systems
6.2.3 Hip Stem Systems
6.2.4 Revision Accessories and Components
6.3 Global Hip Replacement Implants Market by Application
6.3.1 Market Overview
6.3.2 Metal-on-Metal
6.3.3 Metal-on-Polyethylene
6.3.4 Ceramic-on-Polyethylene
6.3.5 Ceramic-on-Metal
6.3.6 Ceramic-on-Ceramic
6.4 Global Hip Replacement Implants Market by End User
6.4.1 Market Overview
6.4.2 Orthopedic Clinics
6.4.3 Hospitals and Surgery Centres
6.4.4 Others
6.5 Global Hip Replacement Implant Market by Region
6.5.1 Market Overview
6.5.2 North America
6.5.3 Europe
6.5.4 Asia Pacific
6.5.5 Latin America
6.5.6 Middle East and Africa
7 North America Hip Replacement Implant Market
7.1 Market Share by Country
7.2 United States of America
7.3 Canada
8 Europe Hip Replacement Implant Market
8.1 Market Share by Country
8.2 United Kingdom
8.3 Germany
8.4 France
8.5 Italy
8.6 Others
9 Asia Pacific Hip Replacement Implant Market
9.1 Market Share by Country
9.2 China
9.3 Japan
9.4 India
9.6 Australia
9.7 Others
10 Latin America Hip Replacement Implant Market
10.1 Market Share by Country
10.2 Brazil
10.3 Argentina
10.4 Mexico
10.5 Others
11 Middle East and Africa Hip Replacement Implant Market
11.1 Market Share by Country
11.2 Saudi Arabia
11.3 United Arab Emirates
11.4 Nigeria
11.5 South Africa
11.6 Others
12 Patent Analysis
12.1 Analysis by Type of Patent
12.2 Analysis by Publication year
12.3 Analysis by Issuing Authority
12.4 Analysis by Patent Age
12.5 Analysis by CPC Analysis
12.6 Analysis by Patent Valuation
12.7 Analysis by Key Players
13 Grants Analysis
13.1 Analysis by year
13.2 Analysis by Amount Awarded
13.3 Analysis by Issuing Authority
13.4 Analysis by Grant Application
13.5 Analysis by Funding Institute
13.6 Analysis by NIH Departments
13.7 Analysis by Recipient Organization
14 Funding Analysis
14.1 Analysis by Funding Instances
14.2 Analysis by Type of Funding
14.3 Analysis by Funding Amount
14.4 Analysis by Leading Players
14.5 Analysis by Leading Investors
14.6 Analysis by Geography
15 Partnership and Collaborations Analysis
15.1 Analysis by Partnership Instances
15.2 Analysis by Type of Partnership
15.3 Analysis by Leading Players
15.4 Analysis by Geography
16 Regulatory Framework
16.1 Regulatory Overview
16.1.1 US FDA
16.1.2 EU EMA
16.1.5 Others
17 Supplier Landscape
17.1 Zimmer Biomet Holdings, Inc.
17.1.1 Financial Analysis
17.1.2 Product Portfolio
17.1.3 Demographic Reach and Achievements
17.1.4 Mergers and Acquisitions
17.1.5 Certifications
17.2 Stryker Corporation
17.2.1 Financial Analysis
17.2.2 Product Portfolio
17.2.3 Demographic Reach and Achievements
17.2.4 Mergers and Acquisitions
17.2.5 Certifications
17.3 Smith & Nephew plc
17.3.1 Financial Analysis
17.3.2 Product Portfolio
17.3.3 Demographic Reach and Achievements
17.3.4 Mergers and Acquisitions
17.3.5 Certifications
17.4 MicroPort Scientific Corporation
17.4.1 Financial Analysis
17.4.2 Product Portfolio
17.4.3 Demographic Reach and Achievements
17.4.4 Mergers and Acquisitions
17.4.5 Certifications
17.5 Exactech, Inc.
17.5.1 Financial Analysis
17.5.2 Product Portfolio
17.5.3 Demographic Reach and Achievements
17.5.4 Mergers and Acquisitions
17.5.5 Certifications
17.6 B. Braun Melsungen AG
17.6.1 Financial Analysis
17.6.2 Product Portfolio
17.6.3 Demographic Reach and Achievements
17.6.4 Mergers and Acquisitions
17.6.5 Certifications
17.7 DJO, LLC
17.7.1 Financial Analysis
17.7.2 Product Portfolio
17.7.3 Demographic Reach and Achievements
17.7.4 Mergers and Acquisitions
17.7.5 Certifications
17.8 Smith & Nephew plc
17.8.1 Financial Analysis
17.8.2 Product Portfolio
17.8.3 Demographic Reach and Achievements
17.8.4 Mergers and Acquisitions
17.8.5 Certifications
17.9 OMNIlife Science, Inc.
17.9.1 Financial Analysis
17.9.2 Product Portfolio
17.9.3 Demographic Reach and Achievements
17.9.4 Mergers and Acquisitions
17.9.5 Certifications
17.10 Aesculap Implant Systems, LLC
17.10.1 Financial Analysis
17.10.2 Product Portfolio
17.10.3 Demographic Reach and Achievements
17.10.4 Mergers and Acquisitions
17.10.5 Certifications
17.11 ConMed Corporation
17.11.1 Financial Analysis
17.11.2 Product Portfolio
17.11.3 Demographic Reach and Achievements
17.11.4 Mergers and Acquisitions
17.11.5 Certifications
18 Global Hip Replacement Implant Market - Distribution Model (Additional Insight)
18.1 Overview
18.2 Potential Distributors
18.3 Key Parameters for Distribution Partner Assessment
19 Key Opinion Leaders (KOL) Insights (Additional Insight)
20 Company Competitiveness Analysis (Additional Insight)
20.1 Very Small Companies
20.2 Small Companies
20.3 Mid-Sized Companies
20.4 Large Companies
20.5 Very Large Companies
21 Payment Methods (Additional Insight)
21.1 Government Funded
21.2 Private Insurance
21.3 Out-of-Pocket

Companies Mentioned

  • Zimmer Biomet Holdings, Inc.
  • Stryker Corporation
  • Smith & Nephew plc
  • Microport Scientific Corporation
  • Exactech, Inc.
  • B. Braun Melsungen AG
  • Djo, LLC
  • Smith & Nephew plc
  • Omnilife Science, Inc.
  • Aesculap Implant Systems, LLC
  • Conmed Corporation



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