openPR Logo
Press release

Global Hip Replacement Market Set to Reach $8.6 Billion by 2031 | Growing CAGR of 4%

03-14-2024 01:04 PM CET | Health & Medicine

Press release from: Allied Market Research (AMR)

/ PR Agency: Allied Market Research (AMR)
Global Hip Replacement Market Set to Reach $8.6 Billion by 2031 |

The global hip replacement market is poised for substantial growth, projected to reach $8.6 billion by 2031 from a valuation of $5.9 billion in 2021. This growth, representing a Compound Annual Growth Rate (CAGR) of 4% from 2022 to 2031, reflects the increasing demand for hip replacement procedures worldwide.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‚๐จ๐ฉ๐ฒ: https://www.alliedmarketresearch.com/request-sample/A17084


Hip replacement, a surgical procedure involving the removal and replacement of portions of the pelvis and femur to alleviate pain and restore mobility, is primarily indicated for patients suffering from conditions such as osteoarthritis. The procedure becomes necessary when the hip joint is worn or damaged, causing significant discomfort even during rest.

The latest comprehensive report on the hip replacement market provides valuable insights and analysis for stakeholders, including:

๐๐ฎ๐š๐ง๐ญ๐ข๐ญ๐š๐ญ๐ข๐ฏ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: A detailed examination of market segments, current trends, estimations, and dynamics from 2021 to 2031 identifies prevailing opportunities in the hip replacement market.

๐Š๐ž๐ฒ ๐ƒ๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ, ๐‘๐ž๐ฌ๐ญ๐ซ๐š๐ข๐ง๐ญ๐ฌ, ๐š๐ง๐ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ข๐ž๐ฌ: Information on key drivers, restraints, and opportunities helps stakeholders make informed, profit-oriented business decisions.

๐๐จ๐ซ๐ญ๐ž๐ซ'๐ฌ ๐…๐ข๐ฏ๐ž ๐…๐จ๐ซ๐œ๐ž๐ฌ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Highlights the potency of buyers and suppliers, empowering stakeholders to make strategic decisions and strengthen their supplier-buyer network.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง: In-depth analysis of market segmentation assists in determining prevailing opportunities in the hip replacement market.


๐„๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A17084


๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ: Major countries in each region are mapped according to their revenue contribution to the global market, providing insights into regional market trends and opportunities.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ ๐๐จ๐ฌ๐ข๐ญ๐ข๐จ๐ง๐ข๐ง๐ : Analysis of market players facilitates benchmarking and provides a clear understanding of their present market position.


๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ: Major players in the global hip replacement market include Colfax Inc, Zimmer Biomet Holdings Inc, Globus Medical Inc, Conformis Inc, Merete, Smith & Nephew PLC, Stryker Corporation, MicroPort Scientific Corporation, Integra LifeSciences, B. Braun Melsungen AG, Medacta International, Corin Group PLC, Johnson & Johnson, Kyocera Corporation, Gruppo Bioimpianti s.r.l., and Exactech Inc.


๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

โ—‰ By Procedure: Total Hip Replacement, Partial Hip Replacement, Revision Hip Replacement, Hip Resurfacing

โ—‰ By Material: Metal-on-Metal, Metal-on-Polyethylene, Ceramic-on-Polyethylene, Ceramic-on-Metal, Ceramic-on-Ceramic

โ—‰ By End User: Hospitals, Orthopedic Clinics, Ambulatory Surgery Centers


๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐…๐จ๐ซ ๐‚๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐š๐ญ๐ข๐จ๐ง: https://www.alliedmarketresearch.com/request-for-customization/A17084


As the demand for hip replacement procedures continues to rise globally, stakeholders across the healthcare industry must stay informed about market trends and opportunities. This report serves as an indispensable guide for navigating the evolving landscape of the global hip replacement market.

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

David Correa

Portland, OR, United States

USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022,

UK: +44-845-528-1300

Hong Kong: +852-301-84916

India (Pune): +91-20-66346060

Fax: +1(855)550-5975

help@alliedmarketresearch.com

Web: https://www.alliedmarketresearch.com

๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Global Hip Replacement Market Set to Reach $8.6 Billion by 2031 | Growing CAGR of 4% here

News-ID: 3430003 • Views: โ€ฆ

More Releases from Allied Market Research (AMR)

Implantable Cardiac Monitors Market Size Poised to Hit USD 974.42 million by 2030, Driven by a 7.2% CAGR, Says AMR
Implantable Cardiac Monitors Market Size Poised to Hit USD 974.42 million by 203 โ€ฆ
According to the report published by Allied Market Research, the global Implantable Cardiac Monitors Market generated USD 500.02 million in 2020 and is projected to reach USD 974.42 million by 2030, growing at a CAGR of 7.2% from 2021 to 2030. The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The marketโ€ฆ
PET-CT Scanner Device Market Size Poised to Hit USD 3.20 billion by 2030, Driven by a 5.5% CAGR, Says AMR
PET-CT Scanner Device Market Size Poised to Hit USD 3.20 billion by 2030, Driven โ€ฆ
Many diseases such as cancer, cardiovascular, certain infectious, and brain disorders require both positron emission tomography (PET) and computed tomography (CT) scans for proper diagnosis of diseases. PET scanner measures metabolic activity, whereas CT scanners highlight anatomical features of the body. PET-CT scanner combines the strength of both scanners enabling more accurate diagnosis as well as localizing and monitoring the diseases. It further reduces space of imaging facilities & lessโ€ฆ
BCG Vaccine Market Size Poised to Hit USD 74.26 Million by 2030, Driven by a 4.8% CAGR, Says AMR
BCG Vaccine Market Size Poised to Hit USD 74.26 Million by 2030, Driven by a 4.8 โ€ฆ
Allied Market Research published a report, titled, "๐๐‚๐† ๐•๐š๐œ๐œ๐ข๐ง๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐›๐ฒ ๐ƒ๐ž๐ฆ๐จ๐ ๐ซ๐š๐ฉ๐ก๐ข๐œ๐ฌ (๐๐ž๐๐ข๐š๐ญ๐ซ๐ข๐œ (๐ŸŽ-๐Ÿ๐Ÿ– ๐˜๐ž๐š๐ซ๐ฌ) ๐š๐ง๐ ๐€๐๐ฎ๐ฅ๐ญ๐ฌ (๐Ÿ๐Ÿ—-๐Ÿ‘๐Ÿ“ ๐˜๐ž๐š๐ซ๐ฌ): ๐†๐ฅ๐จ๐›๐š๐ฅ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ ๐š๐ง๐ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ, ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ-๐Ÿ๐ŸŽ๐Ÿ‘๐ŸŽ."The report provides a detailed analysis of the top investment pockets, top winning strategies, drivers & opportunities, market size & estimations, competitive landscape, and evolving market trends. The market study is a helpful source of information for the frontrunners, new entrants, investors, and shareholders inโ€ฆ
Navigating Segmentation and Competition in the Global Wall Charger Market (2023-2032)
Navigating Segmentation and Competition in the Global Wall Charger Market (2023- โ€ฆ
Allied Market Research published a report on the global Wall Charger Market by Type, and Application, Global Opportunity Analysis and Industry Forecast, 2022-2032" The wall charger market was valued at $1.6 billion in 2022, and is estimated to reach $2.9 billion by 2032, growing at a CAGR of 6.3% from 2023 to 2032. Wall chargers are used to recharge various electronic devices such as mobile phones, smartwatches, tablets, power banks,โ€ฆ

All 5 Releases


More Releases for Hip

New York Hip Hop Singer McMsMula Makes Stylish Hip Hop Beat which you will Never โ€ฆ
The faultless music by McM$Mula showcases greatness and enigma which you will love to hear. He has come with some of his brilliant composition which has something remarkable. The effective kind of hook and the strength he has shown is excellent. The hook fits well with him and that too in a fascinating way. Every track he has come with is crazy and incredible. The movement and the creativity heโ€ฆ
Have Hip Pain? See The Total Hip Replacement Guide
Regardless of whether you have just started started investigating treatment choices or have effectively chosen to a hip replacement medical procedure, we hope this data will enable you to comprehend the advantages and disadvantages of total hip replacement surgery. This article depicts how typical hip functions, the reasons for hip pain, whatโ€™s in store from with a THR (Total Hip Replacement), and what activities and exercises will help reestablish yourโ€ฆ
HIP Replacement Devices Market Report 2018: Segmentation by Product (Product (Pr โ€ฆ
Global HIP Replacement Devices market research report provides company profile for Zimmer Inc. (U.S.), DePuy Synthes (U.S.), Stryker (U.K.), Smith & Nephew (U.K.), B. Braun Melsungen AG (Germany), Corin (U.K.), and Waldemar LINK GmbH & Co. KG (Germany) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume,โ€ฆ
In-depth research on Hip Replacement: Availability of New and Advanced Hip Impla โ€ฆ
The report analyzes and presents an overview of "Global Market Study on Hip Replacement: Availability of New and Advanced Hip Implants Boosting Revenue Growth" worldwide. Get Sample Copy of this report @ https://www.marketresearchreports.biz/sample/sample/1834493 Global Hip Replacement Market: Overview This report on the global hip replacement market is a business and commerce publication developed by professional and experienced research analysts as aspired to serve as a reliable decision-making tool for its targeted audiences suchโ€ฆ
Hip Replacement Implant Market: Rising Incidence of Hip Bone Disorders Fuels Gro โ€ฆ
The top three players in the global hip replacement market, collectively, contributed 74.7% of the overall revenue generation of the market in 2015, indicating towards consolidated nature of this arena. These players are Johnson & Johnson, Zimmer Biomet Holdings Inc., and Stryker Corporation. Transparency Market Research (TMR) observes that strong portfolio, high geographic outreach, and strong brand recognition are some of the factors contributing to the dominance of these companies.โ€ฆ
Bernstein Liebhard LLP Applauds FDAโ€™s Request that Hip Manufacturers Produce D โ€ฆ
Bernstein Liebhard LLP Applauds FDAโ€™s Request that Hip Manufacturers Produce Data on Metal Poisoning and Hip Implants New York 5/12/2011 04:40 PM GMT (TransWorldNews) On May 6, 2011, the U.S Food and Drug Administration (โ€œFDAโ€) ordered 21 medical device manufacturers, including Johnson & Johnson, Zimmer and Stryker, to conduct post-market analysis to determine whether their metal-on-metal hip replacement implants put patients at an increased risk for chromium and cobalt poisoning. โ€ฆ