Hip Replacement Implants Market: size was valued at US$ 6.91 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 5.3% through 2021 to 2029, reaching nearly US$ 10.45 Bn.

Hip Replacement Implants Market Overview: 

Maximize Market Research's new report, Global Hip Replacement Implants Market 2022-2029, is useful for understanding the market's competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The research provides a market overview that explains the value chain structure, geographical analysis, applications, market size, and forecast (2022-2029). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Hip Replacement Implants market.

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Market Scope:

The research provides an analytical view of the business by studying several elements such as worldwide Hip Replacement Implants market growth, consumption volume, market trends, and company pricing structures throughout the projected period. The analysis includes extensive research to explore the market's complexities. The research provides an overview of the worldwide Hip Replacement Implants market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. This market has been examined in several areas based on productivity and manufacturing base.

Segmentation: 

by Product

• Total Hip
• Partial Femoral Head
• Hip Resurfacing
• Revision Hip

The market is divided into four categories based on the product: total hip, partial femoral head, hip resurfacing, and revision hip. By 2029, the Total Hip Implants sector is anticipated to have the greatest market share, accounting for . Because of the increased interest in minimally invasive surgery and the advancement of technology The increased incidence of osteoarthritis is also a significant market driver. In order to streamline surgical procedures and gain market share, industry participants are continually working to create new technologies and navigation systems.

by Application

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

The market is divided into Metal-on-Metal, Metal-on-Polyethylene, Ceramic-on-Polyethylene, Ceramic-on-Metal, and Ceramic-on-Ceramic segments based on the application. The Metal-on-Polyethylene category is anticipated to expand quickly from 2022 to 2029 at a CAGR of . In addition to the other benefits, it is the implant with the lowest cost and the fewest issues and wear particles. The Metal-on-Metal segment is anticipated to expand quickly from 2022 to 2029, with a CAGR of . Metal-on-metal is frequently used in complete hip replacement and revision hip replacement surgery.

by End-Use

• Orthopedic Clinics
• Hospitals & Surgery Centers
• Others

The market is divided into Orthopaedic Clinics, Hospitals & Surgery Centres, and Others based on End-Use. The segment of hospitals and surgery centres is anticipated to expand quickly between 2022 and 2029, with a CAGR of . 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 have highly skilled healthcare personnel, which accelerates the segment's growth even more. Growth is also being boosted by partnerships between hospitals and other industry entities to create cutting-edge surgical techniques.

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Key Players:

It then discusses the top competitors in the worldwide Hip Replacement Implants market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. In addition, the research assesses capacity utilization, raw material sources, import-export, the value chain, price structure, and the industrial supply chain. The following players are featured in this report:

• Stryker
• Zimmer Biomet
• DePuy Synthes Companies (Johnson & Johnson)
• Smith & Nephew
• Wright Medical Group
• MicroPort Scientific Corporation
• Exactech, Inc.
• OMNIlife science, Inc.
• B. Braun Melsungen AG
• DJO Global, Inc.
• Corin
• Waldemer Link GmbH & Co. KG
• Arthrex, Inc.
• Conformis
• Corentec Co., Ltd.
• Elite Surgical
• Synergie Ingenierie Medicale
• Integra LifeSciences Corporation
• Medacta International
• Tecomet, Inc.
• Peter Brehm GmbH

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Regional Analysis:

The report has analyzed the global Hip Replacement Implants market in the following regions:

  • America, North (the United States, Canada, and Mexico)
  • European Union (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
  • Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
  • Latin America (Brazil, Argentina, Colombia, and Rest of South America)
  • Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)

The research provides comprehensive insights into numerous development opportunities and challenges in the regions mentioned above based on various types of goods, applications, end-users, and countries, among others. The research also includes key features of the worldwide Hip Replacement Implants market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.

COVID-19 Impact Analysis on Hip Replacement Implants Market:

COVID-19 is an unprecedented worldwide public health emergency that has impacted practically every business, and the long-term impacts are expected to have an influence on industry growth throughout the projection period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The revised report contains insights, analysis, projections, and predictions based on the influence of COVID-19 on the market.

Key Questions Answered in the Hip Replacement Implants Market Report are: 

  • Which are the major companies in the Hip Replacement Implants market? 
  • Which is the potential market for Hip Replacement Implants in terms of the region?
  • Which application area of Hip Replacement Implants is expected to grow at a significant rate in the market in the next 5 years?
  • What are the opportunities for new market entrants?
  • What will be the Hip Replacement Implants market size by 2027?
  • What are the growth prospects for the Hip Replacement Implants market?
  • What is the base year considered in the Hip Replacement Implants market report?
  • Which region holds the largest market share in the Hip Replacement Implants market?
  • What factors are anticipated to drive the Hip Replacement Implants market?