Hip Replacement Implants Trends and Forecast
The future of the global hip replacement implants market looks promising with opportunities in the orthopedic clinic and hospitals & surgery center markets. The global hip replacement implants market is expected to reach an estimated $8.7 billion by 2030 with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are the aging demographic, growing cases of hip fractures, and rising demand for hip replacement procedures.A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Hip Replacement Implants by Segment
The study includes a forecast for the global hip replacement implants by product, material, end use, and region.Hip Replacement Implants Market by Product [Shipment Analysis by Value from 2018 to 2030]:
- Total Hip
- Partial Femoral Head
- Hip Resurfacing
- Revision Hip
Hip Replacement Implants Market by Material [Shipment Analysis by Value from 2018 to 2030]:
- Metal-On-Metal
- Metal-On-Polyethylene
- Ceramic-On-Polyethylene
- Ceramic-On-Metal
- Ceramic-On-Ceramic
Hip Replacement Implants Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
- Orthopedic Clinics
- Hospitals & Surgery Centers
- Others
Hip Replacement Implants Market by Region [Shipment Analysis by Value from 2018 to 2030]:
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Hip Replacement Implants Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hip replacement implants companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hip replacement implants companies profiled in this report include-- Zimmer Biomet
- Johnson & Johnson
- Stryker Corporation
- Smith & Nephew
- MicroPort Scientific Corporation
- Exactech
- OMNIlife Science
- B. Braun Melsungen
- DJO Global
- Aesculap Implant Systems
Hip Replacement Implants Market Insights
The publisher forecasts that total hip is expected to witness the highest growth over the forecast period due to rising demand for total hip replacement implants across the globe.Within this market, hospitals & surgery centers will remain the largest segment due to the increase in hip implant surgeries performed in these facilities.
North America will remain the largest region over the forecast period due to the increasing demand for hip implant surgeries in the region.
Features of the Global Hip Replacement Implants Market
- Market Size Estimates: Hip replacement implants market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Hip replacement implants market size by product, material, end use, and region in terms of value ($B).
- Regional Analysis: Hip replacement implants market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different products, materials, end uses, and regions for the hip replacement implants market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hip replacement implants market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the hip replacement implants market size?Answer: The global hip replacement implants market is expected to reach an estimated $8.7 billion by 2030.
Q2. What is the growth forecast for hip replacement implants market?
Answer: The global hip replacement implants market is expected to grow with a CAGR of 6.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the hip replacement implants market?
Answer: The major drivers for this market are the aging demographic, growing cases of hip fractures, and rising demand for hip replacement procedures.
Q4. What are the major segments for hip replacement implants market?
Answer: The future of the hip replacement implants market looks promising with opportunities in the orthopedic clinic and hospitals & surgery center markets.
Q5. Who are the key hip replacement implants market companies?
Answer: Some of the key hip replacement implants companies are as follows:
- Zimmer Biomet
- Johnson & Johnson
- Stryker Corporation
- Smith & Nephew
- MicroPort Scientific Corporation
- Exactech
- OMNIlife Science
- B. Braun Melsungen
- DJO Global
- Aesculap Implant Systems
Answer: The publisher forecasts that total hip is expected to witness the highest growth over the forecast period due to rising demand for total hip replacement implants across the globe.
Q7. In hip replacement implants market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the increasing demand for hip implant surgeries in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the hip replacement implants market by product (total hip, partial femoral head, hip resurfacing, and revision hip), material (metal-on-metal, metal-on-polyethylene, ceramic-on-polyethylene, ceramic-on-metal, and ceramic-on-ceramic), end use (orthopedic clinics, hospitals & surgery centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Hip Replacement Implants Market : Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Zimmer Biomet
- Johnson & Johnson
- Stryker Corporation
- Smith & Nephew
- MicroPort Scientific Corporation
- Exactech
- OMNIlife Science
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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