Hip Replacement Implants Market Overview

The market for hip replacement implants was estimated to be worth USD 7.66 billion in 2023, and it is anticipated that total revenue will increase at a compound annual growth rate (CAGR) of 5.3% from 2023 to 2030, reaching around USD 11.00 billion.

Hip Replacement Implants Market Scope and Methodology:

The Hip Replacement Implants market research provides comprehensive information on significant aspects, including those that are expected to drive the industry's growth and upcoming challenges. The competitive environment of the industry, the products marketed by well-known companies, and the investment potential in the Hip Replacement Implants market will all be thoroughly understood by stakeholders. The study covers both the qualitative and quantitative components of the sector. A comprehensive examination of the competition for the Hip Replacement Implants Market is included in the scope of the MMR report.

The report offers a number of new requirements, each with a thorough justification. The Hip Replacement Implants Market was created by consulting both primary and secondary sources of information, including government documents, websites, annual reports, and the opinions of other professionals and academics.

Hip Replacement Implants Market Regional Insights

This study includes a comprehensive analysis of all pertinent data, including market size, growth rate, and import and export by region. The research's geographic analysis makes it possible to comprehend the Hip Replacement Implants market situations in various nations. The Hip Replacement Implants market is made up of the markets in North America, Europe, Asia Pacific, Latin America, Africa, and the Middle East.

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Hip Replacement Implants Market Segmentation

by Product

Total Hip
Partial Femoral Head
Hip Resurfacing
Revision Hip

The market is divided into four segments: revision hip, hip resurfacing, partial femoral head, and total hip. By 2030, the total hip implants sector is anticipated to have the biggest market share. Due to growing technological advancements and the growing need for minimally invasive surgery Additionally, one of the main factors driving the market is the increasing incidence of osteoarthritis. In an effort to streamline surgical procedures and expand their market share, industry participants are continuously developing new technologies and navigation systems.

by Application

Metal-on-Metal
Metal-on-Polyethylene
Ceramic-on-Polyethylene
Ceramic-on-Metal
Ceramic-on-Ceramic

Metal-on-Metal, Metal-on-Polyethylene, Ceramic-on-Polyethylene, Ceramic-on-Metal, and Ceramic-on-Ceramic are the market segments. The metal-on-polyethylene market is anticipated to expand at a compound annual growth rate (CAGR) of over the 2024–2030 forecast period. It has less issues and wear particles, making it the most economical implant among the other benefits.

by End-Use

Orthopedic Clinics
Hospitals & Surgery Centers
Others

Hospitals & Surgery Centers, Orthopedic Clinics, and Others make up the market segments. The Hospitals & Surgery Centers segment is anticipated to expand at a compound annual growth rate (CAGR) of during the 2024–2030 projection period. The category is being driven by a growth in the number of hip implant surgeries carried out in these facilities. These institutions are equipped with state-of-the-art equipment and highly skilled medical personnel, which further accelerates the expansion of the market. Growth is also being aided by partnerships between hospitals and business leaders to create cutting-edge surgical techniques.

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Hip Replacement Implants Market Key Players

1. Stryker
2. Zimmer Biomet
3. DePuy Synthes Companies (Johnson & Johnson)
4. Smith & Nephew
5. Wright Medical Group
6. MicroPort Scientific Corporation
7. Exactech, Inc.
8. OMNIlife science, Inc.
9. B. Braun Melsungen AG
10.DJO Global, Inc.
11.Corin
12.Waldemer Link GmbH & Co. KG
13.Arthrex, Inc.
14.Conformis
15.Corentec Co., Ltd.
16.Elite Surgical
17.Synergie Ingenierie Medicale
18.Integra LifeSciences Corporation
19.Medacta International
20.Tecomet, Inc.

Key questions answered in the Hip Replacement Implants Market are:

  • What is Hip Replacement Implants ?
  • What was the Hip Replacement Implants market size in 2023?
  • What is the growth rate of the Hip Replacement Implants Market?
  • Which are the factors expected to drive the Hip Replacement Implants market growth?
  • What is the CAGR at which the Hip Replacement Implants market will grow during the forecast period?
  • What are the different segments of the Hip Replacement Implants Market?
  • Which is the fastest growing region in the Hip Replacement Implants market?
  • What growth strategies are the players considering to increase their presence in Hip Replacement Implants ?
  • What are the upcoming opportunities and trends for the Hip Replacement Implants Market?
  • What are the recent industry trends that can be implemented to generate additional revenue streams for the Hip Replacement Implants Market?
  • Who are the leading companies and what are their portfolios in Hip Replacement Implants Market?
  • What segments are covered in the Hip Replacement Implants Market?
  • Who are the key players in the Hip Replacement Implants market?

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Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2022)
  • Past Pricing and price curve by region (2018 to 2022)
  • Market Size, Share, Size & Forecast by different segment | 2024−2030
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
  • Market Segmentation – A detailed analysis by segment with their sub-segments and Region
  • Competitive Landscape – Profiles of selected key players by region from a strategic perspective
    • Competitive landscape – Market Leaders, Market Followers, Regional player
    • Competitive benchmarking of key players by region
  • PESTLE Analysis
  • PORTER’s analysis
  • Value chain and supply chain analysis
  • Legal Aspects of Business by Region
  • Lucrative business opportunities with SWOT analysis
  • Recommendations

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