Global Hip Replacement Market is forecasted to reach nearly US$ 7 Billion by the end of the year 2025
According to Renub Research market research report “Hip Replacement Market by Products (Total, Partial, Revision Hip Replacement and Hip Resurfacing), Regions, Fixation, Companies, Global Analysis” Global Hip Replacement Market is forecasted to reach nearly US$ 7 Billion by the end of the year 2025.
In a hip replacement procedure, a doctor removes a painful hip joint with arthritis surgically & substitutes it with an artificial joint, which is mostly made of plastic parts & metal. It is generally done when there is no sufficient pain relief offered by all other treatment options. A painful hip joint should be healed by the treatment, making walking more comfortable.
Hip replacement becomes compulsory when the patient has stiffness and swelling in the hip joint, severe pain, which affects the quality of life and sleep, and reduction in mobility is observed. Everyday activities like getting out of bath and shopping are difficult for the patient. Hip replacement surgery can be performed with the traditional method or by minimal-invasive technique; both surgeries are similar but differ in the size of the incision.
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Patients are given general anesthesia during regular hip replacement surgery to calm their muscles and put you in a temporary deep sleep. Hip Replacement is of four types Total, Partial, Revision Hip Replacement, and HIP resurfacing. Old age people age between 60 to 80 years is more considerable for a hip replacement, as bones tend to weaken as the person gets older.
Market Summary:
By Products: This research report covers market and market share of Total Hip Replacement, Partial HIP Replacement, Revision HIP Replacement, HIP Resurfacing.
By Fixation: Cemented, Cementless, and Hybrid – Hip Replacement Market, market, and market share are covered in this research report. The hybrid segment is having a much bigger market share as compared to others, according to Renub Research analysis.
By Region: This research report has covered the market and market share of North America, Europe, Asia-Pacific, South America, and the Middle East/Africa.
By Companies: Zimmer Biomet Holding Inc., Stryker Corporation, Smith & Nephew, and Johnson & Johnson have been studied in this research report with Overview, Business Strategy, Merger/Acquisitions, and Financial Insights.
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Key Topics Covered :
1. Introduction
2. Research & Methodology
3. Executive Summary
4. Global Hip Replacement Market
5. Market Share – Global Hip Replacement
5.1 By Product – Global Hip Replacement
5.2 By Region – Global Hip Replacement
5.3 By Fixation – Cemented, Cementless, Hybrid
6. Market Share – By Region (North America, Europe, Asia Pacific, South America, Middle East/Africa)
6.1 Total Hip Replacement
6.2 Partial HIP Replacement
6.3 Revision HIP Replacement
6.4 HIP Resurfacing
7. Market Share – Key Players
8. Product – Global Hip Replacement Market
8.1 Total HIP Replacement
8.2 Partial HIP Replacement
8.3 Revision HIP Replacement
8.4 HIP Resurfacing
9. Region – Hip Replacement Market
9.1 North America
9.2 Europe
9.3 Asia-Pacific
9.4 South America
9.5 Middle East/Africa
10. Fixation – Global Hip Replacement Market
10.1 Cemented
10.2 Cementless
10.3 Hybrid – Hip Replacement Market
11. Zimmer Biomet Holdings Inc. – Company Analysis
11.1 Overview
11.2 Marketing Strategy
11.3 Merger & Acquisitions
11.4 Financial Insights
12. Stryker Corporation – Company Analysis
12.1 Overview
12.2 Marketing Strategy
12.3 Merger & Acquisitions
12.4 Financial Insights
13. Smith & Nephew PLC – Company Analysis
13.1 Overview
13.2 Strategy
13.3 Merger & Acquisitions
13.4 Financial Insights
14. Johnson & Johnson – Company Analysis
14.1 Overview
14.2 Strategy
14.3 Merger & Acquisitions
14.4 Financial Insights
14.5 Others
15. Growth Factors
15.1 Rising Pool of Hip Fractures
15.2 Government Reimbursement Plans
15.3 Rising Geriatric Population
15.4 Hip Osteoarthritis
16. Challenges
16.1 Risk of Complications after Surgery
16.2 Increasing Average Cost of Hip Implan
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