Data Bridge Market Research new market insights says that "Global Hip Replacement Implants Market is expected to reach USD 7.1 billion by 2024, from USD 5.3 billion in 2016 growing at a CAGR of 3.6% during the forecast period of 2017 to 2024"
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Global Hip Replacement Implants Market, By Product Type (Cemented Total Hip Implant, Cement Free Total Hip Implant, Partial Femoral Head Implant, Hip Resurfacing, Revision Hip Implants), By End-Users (Orthopedic Clinics, Hospitals, Surgery Centers), By Surgery Numbers (Total Hip Replacement, Partial Hip Replacement, Revision Hip Replacement, Hip Resurfacing), By Geography (North America, Europe, Asia-Pacific, South America and Middle East and Africa) – Industry Trends and Forecast to 2024
Global Hip Replacement Implants Market is expected to reach USD 7.1 billion by 2024, from USD 5.3 billion in 2016 growing at a CAGR of 3.6% during the forecast period of 2017 to 2024. The new market report contains data for historic years 2014 & 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
The hip replacement market is segmented on the basis of product, distribution channel, end user and geography.
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On the basis of product type the hip replacement implants market is segmented into 4 type total hip implant, partial femoral head implant, hip resurfacing, and revision hip implants.
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The report covers the market value (USD) and implant volume (units) their trends till 2024.
On the basis of end user the hip replacement implants market is segmented into orthopedic clinics, hospitals and surgery centers. In 2017, hospitals market segment is expected to dominate the end users segment with a share of approximately 74.1% market share, owing to nature of these surgeries being mostly inpatient.
Based on Geography the market is segmented into:
- North America
- South America
- Middle East Africa
The geographical regions are further segmented into major countries such as U.S., Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa and, Brazil among others.
The Global Hip Replacement Implants Market Report contains an in-depth profiling of the key market players, along with the recent developments (New product launches, partnerships, agreements, collaborations, and joint ventures) and strategies adopted by them to sustain and strengthen their positions in the market.
Some of the major players operating in this market are
- Zimmer Biomet
- Depuy Synthes
- Smith and Nephew
- B.Braun Melsungen AG
- Waldemer Link GmbH & Co. KG
- Wright Medical N.V.
- Arthrex, Inc.
- Elite Surgical Supplies (PTY) Ltd
- Euros France
- FH Orthopedics
- Integra LifeSciences
- Lima Corporate
- Peter Brehm
- Shanghai MicroPort Orthopedics
- Synergie Ingénierie Médicale
- Wright Medical, N.V.
- DJO Global
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