PUBLISHER: iData Research Inc. | PRODUCT CODE: 1089623
PUBLISHER: iData Research Inc. | PRODUCT CODE: 1089623
The total global hip replacement market is growing at a rate of 5.3%, which will take the 2021 market value of $8.7 billion up to $12.5 billion by 2028. One of the key trends within the market is the shift toward using cementless implants, and the cemented total hip replacement procedures are losing market share.
The full report suite on the global market for hip replacement devices covers multiple segments and sub-segments including total hip replacement, partial hip replacement and hip replacement revision. The top competitors within the global hip replacement market are Zimmer Biomet, DePuy Synthes, and Stryker.
One of the main market drivers surrounds the growth within the revision segment. As younger people tend to require implants, and the lifespan of the implants typically lasts 15 years, there is a much higher chance that younger individuals will require a revision later in life. Older individuals who receive implants usually do not outlive the lifespan of the implant and therefore typically do not require a revision.
Overall, within the global hip replacement market there are three dominant competitors: Zimmer Biomet, DePuy Synthes, and Stryker. Alongside these three market share leaders are a multitude of other competitors included within the market analysis. Zimmer Biomet led the overall global hip replacement device market in 2021. The company benefited from the issues associated with the use of metal-on-metal hip implant systems, since its product line offers alternatives to these bearing types.
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Regions - North America (Canada, United States), Latin America (Argentina, Brazil, Chile, Colombia, Mexico, Peru, Venezuela), Western Europe (Austria, Benelux, France, Germany, Italy, Portugal, Scandinavia, Spain, Switzerland, U.K.), Central & Eastern Europe (Baltic States, Bulgaria, Croatia, Czech Republic, Greece, Hungary, Kazakhstan, Poland, Romania, Russia, Turkey, Ukraine), Middle East (Bahrain, Iran, Israel, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates), Asia Pacific (Australia, Cambodia, China, Hong Kong, India, Indonesia, Japan, Malaysia, Myanmar, New Zealand, Philippines, Singapore, South Korea, Taiwan, Thailand, Vietnam), Africa (Algeria, Egypt, Ghana, Kenya, Libya, Morocco, Nigeria, South Africa, Sudan, Uganda)
Quantitative Coverage - Market Size, Market Shares, Market Forecasts, Market Growth Rates, Units Sold, and Average Selling Prices.
Qualitative Coverage - COVID-19 Impact, Market Growth Trends, Market Limiters, Competitive Analysis & SWOT for Top Competitors, Mergers & Acquisitions, Company Profiles, Product Portfolios, FDA Recalls, Disruptive Technologies, Disease Overviews.
Data Sources - Primary Interviews with Industry Leaders, Government Physician Data, Regulatory Data, Hospital Private Data, Import & Export Data, iData Research Internal Database.
This TOC is for the Global Large Joints Market report MedSuite, all information pertaining to the Hip Replacement market will be included within this MedCore:
This list of charts is for the Global Large Joints Medsuite Market report, all information pertaining to the Hip Replacement market will be included within this MedCore:
This list of figures is for the Global Large Joints Market report, all information pertaining to the Hip Replacement market will be included within this MedCore: