Hip Replacement Implants Market to Reach over US$ 9.0 Bn by 2026

1
Title Hip Replacement Implants Market is
Anticipated to Expand at a CAGR of over 3.5
from 2018 to 2026 Description Global Hip
Replacement Implants Market Snapshot
The global hip replacement implants market was
valued at approximately US 7.0 Bn in 2017 and is
anticipated to expand at a CAGR of over 3.5 from
2018 to 2026 to reach a value of approximately
US 9.0 Bn by 2026. The global hip replacement
implants market is driven by a rise in demand for
hip replacement procedures, increase in
government expenditure for the advancement of
health care, rise in the incidence of
trauma/accidental injuries, and increase in the
prevalence of hip-related disorders. Furthermore,
the global demand for hip replacement is
increasing primarily due to a rise in clinical
education among patients, increase in demand for
hip replacement implants from the geriatric
population, and rise in the prevalence of obesity
and
arthritis. Demand for new hip surgeries has
significantly increased in the U.S.
from surgeries in 2004 to 122,154 in 2015. Obtain
Report Details _at_ https//www.transparencymarketres
earch.com/hip-replacement-implants-market.html
89,919
The global hip replacement implants market has
been segmented based on product,
material, end-user, and region. In terms of
product, the global market has been classified
into total hip
2
replacement implants, partial hip replacement
implants, revision hip replacement, and
hip resurfacing implants. The total hip
replacement segment has been further
sub-segmented into fixed bearing and mobile
bearing. Based on material, the hip replacement
implants market has been categorized into
metal-on-metal, metal-on-polyethylene,
ceramic-on-polyethylene, ceramic-on-metal, and
ceramic-on-ceramic. In terms of end-user, the
market has been split into hospitals, ambulatory
surgical centers, orthopedic clinics, and others.
Based on region, the global market has been
segmented into North America, Europe, Asia
Pacific, Latin America, and Middle East
Africa. Request for Sample Copy of Report
_at_ https//www.transparencymarketresearch.com/sampl
e/sample.php?flagSrep_id1901 Based on product,
the total hip replacements implants segment is
anticipated to dominate the global hip
replacement implants market, owing to a rise in
the geriatric population and increase in the
incidence of osteoarthritis. In terms of
material, the metal-on-polyethylene segment
dominated the global hip replacements implants
market in 2017. Based on end-user, the hospitals
segment accounted for a prominent share of the
market in 2017. It is expected to dominate the
market during the forecast period. Increase in
patient population and improvement in health care
infrastructure are expected to drive the segment
during the forecast period. North America
constituted a prominent share of the global
market in 2017. Rise in the prevalence of
orthopedic injuries, increase in health care
expenditure, rise in mergers acquisitions, and
robust product pipeline are anticipated to drive
the market in the region during the forecast
period. The dominance of the region is attributed
to a rise in the incidence of osteoarthritis and
osteonecrosis diseases. Additionally, an aging
population, rapid innovation in technology, and
high RD expenditure are fuelling the hip
replacement implants market in North America and
Europe. Rise in demand for hip replacement
implants in emerging economies, such as China and
India, expansion of the health care industry, and
a rapid rise in the patient population are
anticipated to fuel the market in Asia Pacific in
the next few years. The hip replacement implants
market in Latin America and Middle East Africa
is expected to be driven by a rise in government
initiatives to promote better health care
facilities and increase in investment in the
health care sector during the forecast period.
Increase in disposable income, rapid
urbanization, increase in health care
infrastructure, and distribution and partnership
strategies adopted by key players are driving the
market in emerging regions. Request Report
Brochure _at_ https//www.transparencymarketresearch.
com/sample/sample.php?flagBrep_id1901 Major
players operating in the global hip replacement
implants market include Zimmer Biomet Holdings
Inc., MicroPort Scientific Corporation, Exactech
Inc., OMNIlife Science Inc., Stryker Corporation,
B. Braun Melsungen AG, and DJO Global Inc. An
increase in mergers acquisitions, new product
development, and strategic collaborations between
major companies and governing authorities is
expected to drive the global market during the
forecast period. For instance, in November 2011,
MicroPort Scientific acquired Suzhou BEST
Orthopedics Corporation, a manufacturer and
marketer of orthopedic implants and related
medical instruments. About Us
Transparency Market Research (TMR) is a global
market intelligence company providing business
information reports and services. The companyâs
exclusive blend of quantitative forecasting and
trend analysis provides forward-looking insight
for thousands of decision
3
makers. TMRâs experienced team of analysts,
researchers, and consultants use proprietary data
sources and various tools and techniques to
gather and analyze information. Our business
offerings represent the latest and the most
reliable information indispensable for businesses
to sustain a competitive edge.
Contact Us
Transparency Market Research State Tower, 90
State Street, Suite 700 Albany, NY 12207 United
States Tel [phone] USA - Canada Toll
Free 866-552-3453 Email sales_at_transparencymarke
tresearch.com Website www.transparencymarketrese
arch.com