Hip replacement is an orthopedic surgical procedure in which the damaged hip joint is replaced with an artificial joint. An artificial joint usually made from metal, ceramic, or polymeric components. The surgery is performed either by traditional technique or by minimally invasive technique. The hip replacement surgery is generally performed in patients to relieve them from arthritis pain or hip fracture.
Scope of the Report:
This report focuses on the Hip Implant in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Hip implants have proved its efficacy in treating various hip-related problems and has become one of the standard treatments preferred by many surgeons. Hip replacement surgery stands among the top joint reconstruction procedural list in the overall orthopedic industry. The market has significant opportunities to offer high-quality treatment with the availability of a wide range of hip implants. Hip replacement surgery involves a standard diagnostic and treatment procedure, which is used to treat arthroscopy, hemiarthroplasty, and resurfacing of the hip socket. Hip implant surgery involves the usage of multi-modality imaging systems, such as MRI, CT, and ultrasound, for treatment and to assist in robotic surgery. A total hip replacement implant involves the femoral head and resurfacing of the damaged socket during the procedure. This procedure helps the prosthetic femoral head to move within the prosthetic socket. The replacement parts are plastic, ceramic, or metal and are used in different combinations such as metal on plastic, ceramic on plastic, or metal on metal. Management of trauma, injuries, and musculoskeletal disease are treated with a wide range of hip implants offered from various vendors in the market.
The primary factors, such as an increase in the prevalence of osteoarthritis, rise in geriatric population, increase in the popularity of minimally invasive surgeries, and advances in technologies, are expected to contribute to the market growth significantly. The cost of hip replacement brings a second thought for most individuals who are recommended for total hip replacement. In a few cases where the patients are expected to undergo revision and hip resurfacing procedures, it is painful and the cost is added to the procedure making it expensive. However, the advances in technology, such as 3D printing and the usage of biomaterials, are gaining popularity along with the hip replacement implants, thereby contributing to the revenue of the market.
The worldwide market for Hip Implant is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
Smith & Nephew
Shanghai MicroPort Orthopedics
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
Total Replacement Implant
Partial Replacement Implant
Hip Resurfacing Implant
Revision Replacement Implant
Market Segment by Applications, can be divided into
Ambulatory Surgical Centers
There are 15 Chapters to deeply display the global Hip Implant market.
Chapter 1, to describe Hip Implant Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Hip Implant, with sales, revenue, and price of Hip Implant, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Hip Implant, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Hip Implant market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Hip Implant sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source