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Hip Replacement Implants Trends and Forecast
The future of the global hip replacement implants market looks promising with opportunities in the orthopedic clinic and hospitals & surgery center markets. The global hip replacement implants market is expected to reach an estimated $8.7 billion by 2030 with a CAGR of 6.0% from 2024 to 2030. The major drivers for this market are the aging demographic, growing cases of hip fractures, and rising demand for hip replacement procedures.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Hip Replacement Implants by Segment
The study includes a forecast for the global hip replacement implants by product, material, end use, and region.
Hip Replacement Implants Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Total Hip
• Partial Femoral Head
• Hip Resurfacing
• Revision Hip
Hip Replacement Implants Market by Material [Shipment Analysis by Value from 2018 to 2030]:
• Metal-On-Metal
• Metal-On-Polyethylene
• Ceramic-On-Polyethylene
• Ceramic-On-Metal
• Ceramic-On-Ceramic
Hip Replacement Implants Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Orthopedic Clinics
• Hospitals & Surgery Centers
• Others
Hip Replacement Implants Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Hip Replacement Implants Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hip replacement implants companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hip replacement implants companies profiled in this report include-
• Zimmer Biomet
• Johnson & Johnson
• Stryker Corporation
• Smith & Nephew
• MicroPort Scientific Corporation
• Exactech
• OMNIlife Science
• B. Braun Melsungen
• DJO Global
• Aesculap Implant Systems
Hip Replacement Implants Market Insights
Lucintel forecasts that total hip is expected to witness the highest growth over the forecast period due to rising demand for total hip replacement implants across the globe.
Within this market, hospitals & surgery centers will remain the largest segment due to the increase in hip implant surgeries performed in these facilities.
North America will remain the largest region over the forecast period due to the increasing demand for hip implant surgeries in the region.
Features of the Global Hip Replacement Implants Market
Market Size Estimates: Hip replacement implants market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Hip replacement implants market size by product, material, end use, and region in terms of value ($B).
Regional Analysis: Hip replacement implants market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, materials, end uses, and regions for the hip replacement implants market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hip replacement implants market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the hip replacement implants market size?
Answer: The global hip replacement implants market is expected to reach an estimated $8.7 billion by 2030.
Q2. What is the growth forecast for hip replacement implants market?
Answer: The global hip replacement implants market is expected to grow with a CAGR of 6.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the hip replacement implants market?
Answer: The major drivers for this market are the aging demographic, growing cases of hip fractures, and rising demand for hip replacement procedures.
Q4. What are the major segments for hip replacement implants market?
Answer: The future of the hip replacement implants market looks promising with opportunities in the orthopedic clinic and hospitals & surgery center markets.
Q5. Who are the key hip replacement implants market companies?
Answer: Some of the key hip replacement implants companies are as follows:
• Zimmer Biomet
• Johnson & Johnson
• Stryker Corporation
• Smith & Nephew
• MicroPort Scientific Corporation
• Exactech
• OMNIlife Science
• B. Braun Melsungen
• DJO Global
• Aesculap Implant Systems
Q6. Which hip replacement implants market segment will be the largest in future?
Answer: Lucintel forecasts that total hip is expected to witness the highest growth over the forecast period due to rising demand for total hip replacement implants across the globe.
Q7. In hip replacement implants market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to the increasing demand for hip implant surgeries in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the hip replacement implants market by product (total hip, partial femoral head, hip resurfacing, and revision hip), material (metal-on-metal, metal-on-polyethylene, ceramic-on-polyethylene, ceramic-on-metal, and ceramic-on-ceramic), end use (orthopedic clinics, hospitals & surgery centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Hip Replacement Implants Market, Hip Replacement Implants Market Size, Hip Replacement Implants Market Growth, Hip Replacement Implants Market Analysis, Hip Replacement Implants Market Report, Hip Replacement Implants Market Share, Hip Replacement Implants Market Trends, Hip Replacement Implants Market Forecast, Hip Replacement Implants Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Hip Replacement Implants Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Hip Replacement Implants Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Hip Replacement Implants Market by Product
3.3.1: Total Hip
3.3.2: Partial Femoral Head
3.3.3: Hip Resurfacing
3.3.4: Revision Hip
3.4: Global Hip Replacement Implants Market by Material
3.4.1: Metal-on-Metal
3.4.2: Metal-on-Polyethylene
3.4.3: Ceramic-on-Polyethylene
3.4.4: Ceramic-on-Metal
3.4.5: Ceramic-on-Ceramic
3.5: Global Hip Replacement Implants Market by End Use
3.5.1: Orthopedic Clinics
3.5.2: Hospitals & Surgery Centers
3.5.3: Others
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Hip Replacement Implants Market by Region
4.2: North American Hip Replacement Implants Market
4.2.2: North American Hip Replacement Implants Market by End Use: Orthopedic Clinics, Hospitals & Surgery Centers, and Others
4.3: European Hip Replacement Implants Market
4.3.1: European Hip Replacement Implants Market by Product: Total Hip, Partial Femoral Head, Hip Resurfacing, and Revision Hip
4.3.2: European Hip Replacement Implants Market by End Use: Orthopedic Clinics, Hospitals & Surgery Centers, and Others
4.4: APAC Hip Replacement Implants Market
4.4.1: APAC Hip Replacement Implants Market by Product: Total Hip, Partial Femoral Head, Hip Resurfacing, and Revision Hip
4.4.2: APAC Hip Replacement Implants Market by End Use: Orthopedic Clinics, Hospitals & Surgery Centers, and Others
4.5: ROW Hip Replacement Implants Market
4.5.1: ROW Hip Replacement Implants Market by Product: Total Hip, Partial Femoral Head, Hip Resurfacing, and Revision Hip
4.5.2: ROW Hip Replacement Implants Market by End Use: Orthopedic Clinics, Hospitals & Surgery Centers, and Others
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Hip Replacement Implants Market by Product
6.1.2: Growth Opportunities for the Global Hip Replacement Implants Market by Material
6.1.3: Growth Opportunities for the Global Hip Replacement Implants Market by End Use
6.1.4: Growth Opportunities for the Global Hip Replacement Implants Market by Region
6.2: Emerging Trends in the Global Hip Replacement Implants Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Hip Replacement Implants Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Hip Replacement Implants Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Zimmer Biomet
7.2: Johnson & Johnson
7.3: Stryker Corporation
7.4: Smith & Nephew
7.5: MicroPort Scientific Corporation
7.6: Exactech
7.7: OMNIlife Science
7.8: B. Braun Melsungen
7.9: DJO Global
7.10: Aesculap Implant Systems
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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