Artificial Hip Prosthesis Market Growth Till 2027, In-depth Research Analysis By SMI | Johnson & Johnson, Smith & Nephew, Stryker, Zimmer-Biomet, Altimed, JRI Orthopaedics, Lima Corporate, Corin, Exactech, Elite Surgical, Marle

Artificial hip prosthesis is implant device that is used in hip replacement surgery which includes the removal of the damaged hip bone. The artificial hip prosthesis is mainly composed of plastic and metal components. Hip replacement surgery is mainly done when all other treatment options are ineffective to provide relief from pain. Hip replacement procedure can be done traditionally or by using the minimally-invasive technique, however, the only difference between two procedures is the size of the incision. Arthritis is the most common cause of hip pain and rheumatoid arthritis, Osteoarthritis, and traumatic arthritis are the most common type of disease.

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Rising cases of osteoarthritis and rheumatoid arthritis across the geriatric population of Asia Pacific is projected to fuel the market growth of artificial hip prosthesis. Growing geriatric population base rate in the region as aged people are highly prone to arthritis is further anticipated to foster the Asia Pacific artificial hip prosthesis market growth. According to The Organization for Economic Co-operation and Development, in high-income Asia-Pacific countries, the share of the population aged over 65 years is projected to double to reach – on average – 27.6% in 2050, whereas the share of the population aged over 80 years is expected to triple between 2015-2050 to reach 10.2%.

Key Developments:

In June 2018, OrthoGrid Systems, Inc., an innovator of radiographic assessment and alignment technology for orthopedics, announced the commercial release of its new patent-protected HipGrid® NINE System for outpatient total hip replacement.

In January 2018, BoneSmart and Maxx Orthopedics are partnering to develop educational content for patients undergoing knee replacement surgery. BoneSmart is the largest joint replacement community in the world.

In April 2017, JRI Orthopaedics Limited expand their presence in China by providing its hip replacement implants products into Chinese hospitals. This would see China becoming our largest market outside the UK.

In October 2019, Johnson & Johnson’s DePuy Synthes unit has entered into a definitive agreement with JointPoint, Inc. to acquire its JointPoint Navigation Software. DePuy Synthes manufactures orthopedic technology portfolios around the globe and these products include implants, instruments, imaging, navigation, and other systems and services to support joint reconstruction, craniomaxillofacial, trauma, and spinal surgery as well as sports medicine.

In May 2019, Exactech, a developer and producer of bone and joint restoration products for extremities, hip, and knee, has announced the successful first surgery using its recently-cleared Alteon Cup and XLE Liner

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Geographically, this report split Asia-Pacific into several key Regions, with sales (K Units), revenue (Million USD), market share and growth rate of Artificial Hip Prosthesis for these regions, from 2014 to 2025 (forecast), including

✦ China
✦ Japan
✦ South Korea
✦ Taiwan
✦ India
✦ Southeast Asia
✦ Australia

Asia-Pacific Artificial Hip Prosthesis market competition by top manufacturers/players, with Artificial Hip Prosthesis sales volume, price, revenue (Million USD) and market share for each manufacturer/player; the top players including

✦ Johnson & Johnson
✦ Smith & Nephew
✦ Stryker
✦ Zimmer-Biomet
✦ Altimed
✦ JRI Orthopaedics
✦ Lima Corporate
✦ Corin
✦ Exactech
✦ Elite Surgical
✦ Marle
✦ FH Orthopedics
✦ EVOLUTIS
✦ Aesculap
✦ Depuy Synthes
✦ ARZZT
✦ Peter Brehm
✦ SERF Dedienne sante
✦ Shanghai Microport Orthopedics
✦ Biomet
✦ Biotechni
✦ Arthrex
✦ B Braun Medical
✦ ConforMIS
✦ Corentec
✦ Synimed
✦ Tornier

On the basis of product, this report displays the sales volume (K Units), revenue (Million USD), product price (USD/Unit), market share and growth rate of each type, primarily split into

✦ Total Hip Replacement
✦ Partial Hip Replacement
✦ Revision Surgery

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume (K Units), market share and growth rate of Artificial Hip Prosthesis for each application, including

✦ Hospitals
✦ ACSs

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