Medical Newswire

Medical Newswire!

Medicine, Healthcare, Medical Research, Hospitals, Management
Press release distribution service
Home | Medical-Newswire.Com:

Hip Replacement Market Competitive Landscape And Opportunities 2022-28

(, November 09, 2022 ) According to Precision Business Insights (PBI) latest report, the global hip replacement market size was valued at USD 5.74 billion in 2021, growing at a CAGR of 4.4% during the forecast period 2022-2028. It is obvious from the word alone that hip replacement implants are artificial implants that are inserted surgically to replace a hip that has been shattered or injured. Ceramics, metal, or plastic are used to make hip replacement implants. One of the main causes of the market value's increase is the rising incidence of osteoarthritis around the world. Increasing awareness of the advantages of robotically assisted medical operations, an increase in the number of surgical procedures, and an increase in traffic accidents are all factors driving the market growth rate.

View Complete Report:

Hip Replacement Market Growth Factors:

The quick adoption of newly developed operations and the advancements in orthopedic technology with better results are helping to drive the market's growth throughout the anticipated timeframe. Hip replacement may involve connecting the hip or performing surgery on it. A prosthetic implant, often known as a hip prosthesis, is implanted into the hip joint. Due to worsening arthritis pain, which may be brought on by a bone fracture or a ligament issue, an orthopedic procedure involves connecting or replacing the hip. The primary purpose of a hip replacement is to reduce arthritis pain. As technology advances and new procedures are developed with fewer complications, this goal as well as enhanced hip function as a result of the procedure drive market development.

Hip Replacement Market Trends

Over the course of the projected period, the number of younger people suffering from neurodegenerative disorders is anticipated to increase.

The rate of success of minimally invasive operations has increased due to the rising number of robot-assisted procedures, which is expected to open up attractive new growth opportunities for this industry in the near future.

Request Sample Of The Report

Hip Replacement Market Segmentation

The global Hip Replacement Implants Market on the basis of Product Type, the market is segregated into Partial Hip replacement Implants, Total Hip replacement Implants, Revision Hip Replacement Implants, Resurfacing Implants. On the basis of Material, the market is categorized into Metal-on-Plastic, Metal-on-Metal, Ceramic-on-Metal, Ceramic-on-Plastic, Ceramic-on-Ceramic. On the basis of End User, the market is fragmented into Hospitals, Clinics, Ambulatory Surgical Centers (ASCs)

Hip Replacement Market Regional Analysis

The market for hip replacement implants is dominated by North America thanks to the region's robust healthcare infrastructure, expanding investments from major companies in the development of cutting-edge technologies, expansion of drug development procedures, and expansion of research activities. Due to the expansion of government initiatives to raise awareness, the rise in medical tourism, the expansion of research activities in the region, the rising prevalence of osteoarthritis, and the expanding demand for high-quality healthcare in the region, Asia-Pacific is predicted to experience substantial growth during the forecast period.

The major players operating in the Hip Replacement Market are Braun Melsungen AG (Germany), Corin (U.K.), DePuy Synthes (U.S.), Exactech Inc. (U.S.), Microport Scientific Corporation (China), Smith & Nephew (U.K.), Stryker (U.K.), Waldemar LINK GmbH & Co. KG (Germany), Zimmer Inc. (U.S.)

Related Reports:

Hip Replacement Implants Market By Product Type (Partial Hip replacement Implants, Total Hip replacement Implants, Revision Hip Replacement Implants, Resurfacing Implants), By Material (Metal-on-Plastic, Metal-on-Metal, Ceramic-on-Metal, Ceramic-on-Plastic, Ceramic-on-Ceramic), By End User (Hospitals, Clinics, Ambulatory Surgical Centers (ASCs)), and Geography

Knee Replacement Market by Procedure (Total Knee Replacement, Partial Knee Replacement, Revision Knee Replacement), by Bearing (Fixed-bearing Implants, Mobile-bearing Implants), by End-user (Hospitals, Orthopaedic Clinics, Ambulatory Surgical Centres) and Geography

Orthopedic Joint Replacement Market: By Product ( Knee, Hip, Shoulder, Ankle Others) Procedure( Total Replacement, Partial Replacement Others) End User ( Hospital, Ambulatory Surgical Centers, Orthopedic Clinics and Others) and Geography

About Precision Business Insights:

We are a market research company that strives to provide the highest quality market research insights. Our diverse market research experts are enthusiastic about market research and therefore produce high-quality research reports. We have over 500 clients with whom we have a good business partnership and capacity to provide in-depth research analysis for more than 30 countries. In addition to deliver more than 150 custom solutions, we already have accounts with the top five medical device manufacturers. Precision Business Insights offers a variety of cost-effective and customized research services to meet research requirements. We are a leading research service provider because of our extensive database built by our experts and the services we provide.


Mr. Satya

Precision Business Insights | Toll Free: +1 866 598 1553


Kemp House, 152 160 City Road, London EC1V 2NX

Web: | D U N S Number: 852781747

Precision Business Insights



Source: EmailWire.Com


Medical Resources
We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Healthcare resource center today to browse our selection of 600+ complimentary Healthcare magazines, white papers, webinars, podcasts, and more. Get popular titles including:

Eyecare Business
Medical Laboratory Observer

No credit cards, coupons, or promo codes required. Try it today!

Medical Sponsors

Health News is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright GroupWeb Media LLC. All Rights Reserved.

For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at CityRegions.Com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright 2012 GroupWeb Media LLC. All Rights Reserved.

GroupWeb Media Network
AfricaNewswire.Net | AppleNews247.Com | AsiaNewsWire.Net | Aviation-NewsWire | Energy Industry | EstateNewsWire | | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | EuropeNewsWire.Net | | i-Canada-News.Com | | iT-NewsWire.Com
| InvestorsNewsDesk.Com | i-TravelNewsWire.Com | | | | MoneyNewsWire.Net | Movie-Stars-News.Com | PayDayNews247.Com | PharmaNewsWire.Com | Publishing-NewsWire.Com | | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | - Medicl Newswire and Press Release service of GroupWeb Media LLC