Hip Implant Market Historical Analysis 2019; By Product Type Partial Replacement Implant Hip Resurfacing Implant, Etc. | Key Players: DePuy Synthes, Smith & Nephew, Stryker, ConforMIS, Corentec, etc

Hip Implant Market

Summary

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.

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Major Features:

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.

Technological Advancements

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.

This Hip Implant market research report provides the existing competitive analysis of some of the major players profiled in the market, which includes:
DePuy Synthes
Smith & Nephew
Stryker
ConforMIS
Corentec
Corin
Elite Surgical
Evolutis
FH ORTHOPEDICS
Integra LifeSciences
Lima Corporate
Medacta
Shanghai MicroPort Orthopedics

Market size by Product
Total Replacement Implant
Partial Replacement Implant
Hip Resurfacing Implant
Revision Replacement Implant
Market size by End User
Hospitals
Orthopedic Clinics
Ambulatory Surgical Centers

Key Regions for this market: North America, Europe, APAC, Latin America, and the Middle East & Africa.

This report studies the global market size of Hip Implant in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Hip Implant in these regions.

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Key Benefits:

1.The research report provides a detailed analysis of the Chemical Software Market along with the current and future growth prospects so as to shed light on the prominent investment pockets.

2.Information regarding key growth factors, constraints, and opportunities, along with their impact analysis on the Chemical Software Market is provided.

3.Porter’s fives forces analysis elaborates the effectiveness of buyers and suppliers operating in the market, globally and regionally.

4.The qualitative and quantitative analysis of the market from 2019 to 2023 is provided to put forth the market potential.

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Key questions answered in the report include:

What will the market size and the growth rate by the end of the forecast period?
What are the key industry trends impacting the growth of the market?
What are the key factors driving and restraining the Hip Implant market?
What are the challenges to market growth?
What are the market opportunities and threats faced by the key players in the market?
Who are the leading competitors functioning in the market for Hip Implant?
What are the key outcomes of Porter’s five forces analysis of the Hip Implant market?
Conclusion:

The report concludes with the profiles of major players in the Hip Implant Market. The foremost market performers are accessed on the basis of various parameters such as company overview, product portfolio, and do on., as well as the latest development trends of the Market.

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