Title: The Hip Replacement Market To Be Backed By Technological Innovation In The Next Decade
1The Hip Replacement Market To Be Backed By
Technological Innovation In The Next Decade
Report Id PMRREP12037 Category Life Science
Healthcare
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3North America to remain dominant in the global
parenteral medical nutrition market
- Based on product type, the report segments the
hip replacement market into revision hip
implants, partial hip replacement implant, hip
resurfacing, and total hip replacement implant.
On the basis of component type, the market has
been bifurcated into hip stem systems, revision
accessories and components, and acetabular cup
systems. The analyst has also categorized this
market in terms of end user, into ambulatory
surgery centers (ASCs), clinics, and hospitals.
Geographically, the developed region of North
America has been identified as the most
profitable region, followed by Europe and then
vastly populated Asia Pacific. - Radically rising percentage of geriatrics in the
worlds population is the primary driver of the
hip replacement market. People aged over 60
years, as well as those who suffer from obesity
and arthritis, are highly prone to hip disorders
and are expected to drive the demand over the
course of next seven years. In addition to that,
advancements in minimally invasive surgeries
coupled with 3D printing has led to growth of the
global hip replacement market. Medical device
manufacturers are largely focusing on emerging
economies due to large patient base and growing
demand for hip replacement surgeries.
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4Market Segmentation
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