Global Hip Replacements Implants Market by Product Type (femoral reconstruction, acetabular reconstruction, hip resurfacing, and Other types), by Material (metal-on-metal, metal-on-polyethylene, ceramic-on-metal, and Others), by End-User (orthopedic clinics, hospitals, surgery centers), and by Region and Companies Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032. and by Region and Companies Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2022-2032.
- Published date: Nov 2021
- Report ID: 16962
- Number of Pages: 261
- Format:
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Hip Replacement Implant Market Overview:
The global hip replacement implants market is projected to achieve a valuation of USD 8.69 Bn by 2031 at a CAGR of 4.4%, from USD 5.90 Bn in 2021.
Market.US announces the publication of a recently generated research report titled, “Global Hip Replacements Implants Market”, by Product Type (femoral reconstruction, acetabular reconstruction, hip resurfacing, revision hip implants, bearing and porous metal technologies, total replacement implants. Total replacement implants are further sub-segmented into fixed-bearing hip implants and mobile-bearing total hip implants), by Material (metal-on-metal, metal-on-polyethylene, ceramic-on-metal, ceramic-on-polyethylene, and ceramic-on-ceramic), by End-User (orthopedic clinics, hospitals, surgery centers), and by Region. This report offers a holistic view of the global hip replacement implants market through systematic segmentation that covers every aspect of this target market.
A hip replacement is a surgical procedure in which the hip joint is replaced by a prosthetic implant. Hip replacement implants come in a variety of shapes and sizes, and are made from a wide array of materials. The surgery is usually performed as an outpatient procedure, which means that the patient does not have to stay overnight in the hospital. However, some patients may require hospitalization after surgery. Recovery from a hip replacement surgery can take up to six months.
Hip replacement implants are medical components used to replace the hip joint in cases of severe arthritis or injury. The implant is inserted into the socket of the femur and a metal ball is attached to the top of the femur. This ball fits into a cup-shaped receptor implanted into the pelvis.
The first hip replacement implants were made of cobalt and chromium alloys. Today, different types of materials are used including ceramic and plastic. Hip replacement implants are often used to treat arthritis, avascular necrosis, or other conditions that may cause pain in the hip joint.
There are different types of hip replacement implants available, each with its own benefits and risks. The most common type of hip replacement implant is the total hip replacement, which replaces both the ball and socket of the joint. Other common types of hip replacement implants include partial hip replacement and revision hip replacement.
Hip replacement implants have become increasingly popular. This is due, in part, to the advances in technology that have been made in the medical field. Additionally, as individuals have longer lifespans, they are more likely to require a hip replacement implant.
Global Hip Replacement Implants Market Revenue (US$ Mn), 2021–2031
The steady growth of this market is attributed to the increasing prevalence of hip-related disorders, such as osteoarthritis and rheumatoid arthritis. In addition, booming geriatric population figures are also contributing to the revenue growth trajectory of this market.
This industry is expected to index further economic growth due to the increasing presence of affordable healthcare facilities in developed countries, as well as technological advancements in non-invasive surgeries. The advent of non-metal materials, such as polymer and ceramic, are also expected to aid in overcoming issues associated with conventional devices, such as increased metallic ions in the bloodstream of patients, and implant deterioration over time.
Newer operating techniques have shortened hospital stay durations to less than 4 days post a full hip replacement surgery. The main restraining factors for this market are the high cost of implants and the long rehabilitation process. However, technological advances are expected to reduce the severity of these aforementioned restraints in the near future.
Segmentation of Global Hip Replacement Implants Market based on Product Type, Material Type, End-User, and Region
Based on Product Type:
- Femoral Reconstruction
- Acetabular Reconstruction
- Hip Resurfacing
- Revision Hip Implants
- Bearing and Porous Metal Technologies
- Total Replacement Implants
- Fixed Bearing Hip Implants
- Mobile-Bearing Total Hip Implants
Based on Application:
- Metal-On-Metal
- Metal-On-Polyethylene
- Ceramic-On-Metal
- Ceramic-On-Polyethylene
- Ceramic-On-Ceramic
Based on End-User:
- Orthopedic Clinics
- Hospitals
- Surgery Centers
Based on Regions:
- North America
- Europe
- Asia Pacific
- South America
- MEA
This research report on the global hip replacement implants market includes major company profiles such
- Zimmer Biomet
- DePuy Synthes
- Stryker
- Smith and Nephew
- B.Braun Melsungen AG
- Corin
- Waldemer Link GmbH & Co. KG
- Wright Medical Group N.V.
- Arthrex Inc.
- 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 Scientific Corporation
- and DJO Global Inc.
- among others.
For the Hip Replacement Implant Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Hip Replacement Implant MarketPublished date: Nov 2021add_shopping_cartBuy Now get_appDownload Sample - Zimmer Biomet
- DePuy Synthes
- Stryker Corporation Company Profile
- Smith and Nephew
- B.Braun Melsungen AG
- Corin
- Waldemer Link GmbH & Co. KG
- Wright Medical Group N.V.
- Arthrex Inc.
- 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 Scientific Corporation
- and DJO Global Inc.
- among others.
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