Hip Replacement Market To Surpass US$ 10,311.3 Million By 2027 At a CAGR of 4.9%

The global hip replacement market is estimated to account for US$ 10,311.3 Mn in terms of value by the end of 2027.

Increasing prevalence of musculoskeletal disorders is expected to boost growth of the global hip replacement market over the forecast period. For instance, according to the study, ‘Osteoarthritis year in review 2019: epidemiology and therapy’, published in the journal Osteoarthritis and Cartilage in January 2020, the median proportion of years lived with disability due to musculoskeletal disorders increased from 11.8% in 2000 to 13.5% (9.6–16.6) in 2015.

Moreover, increasing number of knee arthroplasty procedures is also expected to aid in growth of the market. For instance, in 2018, the American Academy of Orthopedic Surgeons (AAOS) and the American Joint Replacement Registry (AJRR) recorded over 1 million patients and over 1.4 million hip and knee arthroplasty procedures.

North America region held dominant position in the global hip replacement market in 2014, accounting for 45.5% share in terms of value, followed by Europe.

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Market Dynamics:

In addition to highlighting the major dynamics of the Hip Replacement Market industry, the study discusses a range of volume patterns, pricing history, and market value. To provide a realistic view of the market, many potential growth factors, threats, and opportunities are also analyzed.

Hip Replacement Market Segmentation Analysis:

The report covers segmentation analysis of Hip Replacement Market for better understanding and provides in-depth information on market outlook. Important segments have been developed and analyzed to facilitate sound business decisions. Each segment and its sub-segments are evaluated on the basis of their growth prospects, market share and CAGR. Segments are evaluated considering their regional growth, market share, sales, cost and revenue analysis and other key factors. This section reveals high-growth market segments and understands how the market will expand over the forecast period.

Following are the key segments covered in the report:

Hip Replacement Market, By Product Type:

Total Hip Replacement Implant
Partial Hip Replacement Implant
Hip Resurfacing
Revision Hip Implants
Hip Replacement Market, Components

Hip Stem Systems
Acetabular Cup Systems
Revision Accessories and Components
Hip Replacement Market, By End User:

Orthopedic Clinics
Ambulatory Surgical Centers
Hip Replacement Market regional analysis includes:

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia and Australia)

Europe (Turkey, Germany, Russia, United Kingdom, Italy, France, etc.)

North America (United States, Mexico and Canada).

South America (Brazil etc.)

Middle East and Africa (GCC countries and Egypt).

In the market segmentation by manufacturers, the report covers the following companies:

Depuy Synthes (Johnson & Johnson), Microport Scientific Corporation, Zimmer Biomet, Exactech Inc., DJO Global Inc., Stryker Corporation, B. Braun Melsungen, and Smith & Nephew.

The Following are the Key Features of Global Hip Replacement Market Report:

• Market Overview, Industry Development, Market Maturity, PESTLE Analysis, Value Chain Analysis

• Growth Drivers and Barriers, Market Trends & Market Opportunities

• Porter’s Five Forces Analysis & Trade Analysis

• Market Forecast Analysis for 2020-2027

• Market Segments by Geographies and Countries

• Market Segment Trend and Forecast

• Market Analysis and Recommendations

• Price Analysis

• Key Market Driving Factors

• Hip Replacement Market Company Analysis: Company Market Share & Market Positioning, Company Profiling, Recent Industry Developments etc.

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Timeline Considered for Analysis:

2019 – Base Year

2020 – Estimated Year

2020 to 2027 – Forecasted Year

Key Questions Answered in the Global Hip Replacement Market Report

› What is the overall market size in 2019? What will be the market growth during the forecast period, i.e. 2020-2027?

› Which region would have a high demand for the product in the upcoming years?

› What are the factors driving the growth of the market?

› Which sub-market will make the most significant contribution to the market?

› What are the market opportunities for existing and entry-level players?

› What are the various long-term and short-term strategies adopted by the market players?

› Why Choose CMI?

› Providing our customers with value-added analysis and consultancy services.

› Boost our customers’ competitiveness around the globe in their respective market geographies.

› Enable our customers to achieve their business objectives by providing them with assistance in the execution of strategic and tactical plans.

Note: *The discount is offered on the Standard Price of the report.

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Our report offers:

◊ Market share assessments for the regional and country level segments.

◊ Market share analysis of the top industry players.

◊ Strategic recommendations for the new entrants.

◊ Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets.

◊ Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations).

◊ Strategic recommendations in key business segments based on the market estimations.

◊ Competitive landscaping mapping the key common trends.

◊ Company profiling with detailed strategies, financials, and recent developments.

◊ Supply chain trends mapping the latest technological advancements.

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