Hip Resurfacing Implants Market Size, Share And Industry Analysis 2020-2026 - Corentec, Surgival, B. Braun Melsungen AG, Zimmer Biomet, Conformis And Other Key Players

Hip Resurfacing Implants Market Size, Share and Global Trend By Product (Total Hip Replacement Implant, Partial Hip Replacement Implant, Revision Hip Replacement Implants, Hip Resurfacing Implants), By Material (Metal, Plastic, Ceramics), By End User (Hospitals, Orthopedic Clinics, Ambulatory Surgery Centers, Others) and Geography Forecast Till 2026.

Increasing geriatric population worldwide is expected to drive the global hip resurfacing implants market growth in the foreseeable future. According to the World Population Prospects 2019 report released by the United Nations Population Division, approximately 16% of the world's population will be over the age of 65 by 2050. In 2018 itself persons at and above 65 years of age outnumbered the number of children in the world and by 2050, people above the age of 80 will reach 426 million. Aged people typically suffer from a host of bone and muscle degenerative conditions and one of the most common surgeries that they need to undergo is that of hip replacement. As a result, rising number of aged people is likely to emerge as one of the main hip resurfacing implants market trends during the forecast period. Moreover, these advanced procedures are getting an additional boost from the increasing demand for minimally and non-invasive surgical methods.

Get Sample Report at: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/peritoneal-dialysis-market-100089

Rising Prevalence of Osteoarthritis to Push People Towards Hip Resurfacing Implants

According to the World Health Organization (WHO), around 9.6% males and 18% females worldwide are suffering from osteoarthritis. Of these, close to 80% are expected to have movement limitations. In this backdrop, hip resurfacing procedures gain greater significance owing to their advantages over conventional hip replacement procedures. In hip resurfacing, the femoral head is not removed, but it is trimmed and covered with a smooth metal cap. This makes revision surgeries easier for surgeons as the implant can be easily replaced with a new one. The American Academy of Orthopedic Surgeons states that hip resurfacing implants reduce the probability of hip dislocation because size of the implant is almost the size of the natural hip ball, making it harder to slide off its position. Conventional hip replacement techniques fail to offer these benefits, which has led to a greater number of people opting for advanced hip resurfacing tools, thus enlarging the hip resurfacing implants market size.

High Incidence of Accident Cases to Spur Growth in North America

Among regions, North America is projected to lead the hip resurfacing implants market share owing to the persistently high rate of accidents in the region. Besides this, rapid growth in geriatric population, large number of people suffering from obesity, and an increasing preference for hip resurfacing implants will fuel the market in North America. In Asia-Pacific, the market is expected to grow at a formidable rate on account of rising popularity of hip resurfacing implants and an evolving healthcare infrastructure supported by friendly insurance policies.

Strategic Collaborations to Create New Pathways in the Market

The market for hip resurfacing implants is a fragmented one, dominated by a few key players. The hip resurfacing implants market report says that these players are taking definitive steps to make deeper inroads into this market. Some of the most favored strategies include entering into partnerships and acquisition of smaller companies by big players to widen their product offerings.

Prominent Players Covered by Fortune Business Insights(TM):

Corentec Co., Ltd.,

Surgival

Braun Melsungen AG
Zimmer Biomet

Conformis

DePuy Synthes

GROUP FH ORTHO communication

Evolutis

Waldemar LINK GmbH & Co. KG

Corin

Table Of content:

1.Introduction

1.1. Research Scope

1.2. Market Segmentation

1.3. Research Methodology

1.4. Definitions and Assumptions

Executive Summary
Market Dynamics
3.1 Market Drivers

3.2. Market Restraints

3.3. Market Opportunities

Key Insights
Continued...

Browse complete report at: https://www.fortunebusinessinsights.com/industry-reports/peritoneal-dialysis-market-100089

About Us:

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:

US: +1 424 253 0390

UK: +44 2071 939123

APAC: +91 744 740 1245

Email: sales@fortunebusinessinsights.com

US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com

Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

This release was published on openPR.