Press release
What's driving the Acetabular Cups Market Growth? Prominent Players: Stryker, Zimmer Biomet, Johnson & Johnson, Smith & Nephew, Medacta International, Corin Group, Ortho Development Corporation, ExacTech, Inc.
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The region is foreseen to expand during the forecast period 2019-2026. Increasing technological innovations in prosthetics taking place in the region is likely to propel growth in the market. Moreover, favorable reimbursement policies in nations such as the U.S. and Canada is further expected to increase the growth rate in the market. Besides this, the acetabular cups market in Europe is anticipated to progress over the forecast period.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis: Stryker, Zimmer Biomet, Johnson & Johnson,
Smith & Nephew, Medacta International, Corin Group, Ortho Development Corporation, ExacTech, Inc.
As per the American Joint Replacement Registry, in 2016 in the U.S. approximately 8,60,000 knee and hip arthroplasty procedures were reported. This is anticipated to fuel the demand for acetabular cups in the market. The report classifies the global market in various segments. Among the regional segment, North America held a considerable share in the market in 2018.
The increasing number of hip surgeries taking place in the region is likely to contribute towards market expansion. As per the National Joint Registry (NJR), every year in the Wales and England approximately 1,60,000 knee and hip replacement procedure are performed. This is further expected to enable growth in the market and facilitate adoption of acetabular cups.
Asia Pacific is foreseen to witness promising growth during the forecast period. The market is likely to gain from improving healthcare infrastructure in the region.
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SEGMENTATION
By Application
· Total Hip Replacement
· Partial Hip Replacement
· Revision Hip Replacement
By Material
· Metals
· Non-Metals
· Others
By End User
· Hospitals
· Orthopaedic Clinics
· Ambulatory Surgical Centers
· Others
By Geography
· North America (USA and Canada)
· Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
· Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
· Latin America (Brazil, Mexico and Rest of Latin America)
· Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
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