Title: Hip Replacement Market: Global Industry Trends and COVID-19 Impact Analysis
1Presents a Research Report on Hip Replacement
Market
The report on the Hip Replacement Market is
segmented By Product (Total Hip Replacement
Implant, Partial Hip Replacement Implant, Hip
Resurfacing Implant, Revision Hip Replacement
Implant), End-User (Hospitals, Orthopedics
Clinics, Ambulatory Surgical Centers),
and Region - COVID-19 Impact Analysis and
Forecast to 2026.
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2Hip Replacement Market Highlights Drivers
- The Hip Replacement market is projected to grow
from USD 7.1 billion in 2020 to USD 9.3
billion by 2026 at a CAGR of around 4.6 during
the forecast period. - Hip replacement is defined as a surgical
procedure to replace a hip joint with a
prosthetic implant. The surgery can be performed
either as a total replacement or hemi (half)
replacement. - The surgery is performed to relieve pain caused
due to arthritis or fracture in the hip bone.
Based on the product, hip replacement can be
categorized as total hip replacement implant,
partial hip replacement implant, hip resurfacing
implant, and revision hip replacement implant.
- Market Insight
- By End-User Type
- By end-user, the hip replacement market has been
bifurcated into hospitals, orthopedics clinics,
and ambulatory surgical centers. - Under these, the hospitals' segment accounted for
the largest market share in 2020 and is projected
to register significant growth during the review
period. - The segment growth can be attributed to the
presence of required healthcare infrastructure
and skilled healthcare staff.
3Market Insight Competitive Insights
- By Region
- By region, the market in North America accounted
for the largest market share in 2020 and is
projected to grow at a significant CAGR during
the assessment period. - The regional growth is primarily attributed to
high demand for advanced hip replacement
procedures, expanding geriatric populace, and the
presence of key market players such as Zimmer
Biomet (US) and Johnson Johnson (US). - The market growth in the Asia-Pacific region is
expected to be driven by rising incidences of
arthritis. - Key Players
- Zimmer Biomet (US)
- Johnson Johnson (US)
- Stryker Corporation (US)
- Smith Nephew plc (UK)
- MicroPort (China)
- Exactech, Inc. (US)
- OMNI life science, Inc. (US)
- B. Braun (Germany)
- DJO Global, Inc. (US).
4Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research
- Annual Reports / Fact Book
- Company Websites
- Magazines / Publications
- Press Releases Journals
- Industry News
- Association Articles
- Government Documents
- Social Media
- Others
- Robust database across value chain
- In-house industry veterans as advisors
- Project based subject matter experts
- Industry Players
- Industry Experts
- Suppliers
- Customers
- Associations
- Government Institutions
- Others
5Report Features
- This report provides market intelligence in the
most comprehensive way. The report structure has
been kept such that it offers maximum business
value. It provides critical insights on the
market dynamics and will enable strategic
decision making for the existing market players
as well as those willing to enter the market. The
following are the key features of the report - Market structure Overview, industry life cycle
analysis, supply chain analysis. - Market environment analysis Growth drivers and
constraints, Porters five forces analysis, SWOT
analysis. - Market trend and forecast analysis.
- Market segment trend and forecast.
- Competitive landscape and dynamics Market share,
product portfolio, product launches, etc. - Attractive market segments and associated growth
opportunities. - Emerging trends.
- Strategic growth opportunities for the existing
and new players. - Key success factors.
6About Stratview Research
Stratview Research is a global market
intelligence firm providing high quality
syndicated reports, custom research and
consulting services.
Our Services
Why Us?
High Customer Delight
Rich Industry Experience
Robust Methodology
Effective Business Decisions
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