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US Direct Anterior Approach Market: Industry Analysis and Forecast (2024-2030)

06-19-2024 05:03 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: STELLAR MARKET RESEARCH

US Direct Anterior Approach Market

US Direct Anterior Approach Market

US Direct Anterior Approach Market to Hit USD 2004.6 Mn at a Growth Rate of 12.12 Percent- Says Stellar Market Research

US Direct Anterior Approach Market analysis was conducted by dividing it into Procedure Types, Technology and Material segments. The bottom-up approach was used to estimate the US Direct Anterior Approach Market size.

Pune, 13, June 2024: Stellar Market Research, an Healthcare Industry business research firm has published a report on the "US Direct Anterior Approach Market". The total market opportunity for the US Direct Anterior Approach Market was USD 900 Mn in 2023 and is expected to grow at 12.12 percent CAGR through the forecast period by reaching nearly USD 2004.6 Mn.

US Direct Anterior Approach Market Report Scope and Research Methodology

Market Size in 2023: USD 900 Million

Market Size in 2030: USD 2004.6 Million

CAGR: 12.12 Percent

Forecast Period: 2024-2030

Base Year: 2023

Number of Pages: 210

No. of Tables: 138

No. of Charts and Figures: 114

Segment Covered: By Procedure Type,Technology and Material.

Report Coverage: Market Share, Size and Forecast by Revenue | 2023-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Key Players' Market Ranking Analysis.



US Direct Anterior Approach Market Research Methodology

The report employed a bottom-up methodology to determine the market. SWOT analysis was performed to identify the strengths and weaknesses of key players in the US Direct Anterior Approach sector. To ensure the accuracy of its findings, the report combined both primary and secondary research methods. Primary research included distributing surveys, administering questionnaires, and conducting phone interviews with industry experts, leaders, marketers, and entrepreneurs in the US Direct Anterior Approach market.

The US Direct Anterior Approach Market report provides a comprehensive analysis of the strategies employed by top companies and a detailed examination of market segments and trends. It offers critical insights into pricing, costs, revenues, and profit margins, making it an invaluable resource for investors in this sector. By analyzing market dynamics, the report assesses the drivers of growth, potential constraints, opportunities, and challenges across the US.

US Direct Anterior Approach Market Overview

The market for Direct Anterior Approach (DAA) in hip replacement surgery in the US has been growing noticeably. The less invasive method, where surgeons replace the hip joint through the front of the hip, has become more popular because it offers faster recovery, less pain after surgery, and better mobility than standard procedures. Major companies in the industry, such as Zimmer Biomet, DePuy Synthes, and Stryker, are consistently developing new features to improve the accuracy and results of the DAA. Market growth is also being driven by technological advancements like robotic-assisted systems and enhanced surgical instruments.

US Direct Anterior Approach Market Dynamics

The rise in the elderly population and the high rate of osteoarthritis are key factors propelling the growth of the US Direct Anterior Approach (DAA) market. Increased demand from patients is driven by the faster recovery periods, decreased pain, and enhanced mobility associated with DAA surgeries. Technological advancements, such as robotic-assisted systems and specialized surgical instruments, are contributing to the growth of the market. Top companies such as Zimmer Biomet and Stryker commit resources to advancements in technology and training for surgeons. Yet, the complex requirements of DAA, which involve a significant learning curve, may hamper its broad acceptance. Nevertheless, the market is anticipated to expand as a result of continuous improvements and increasing patient recognition of the advantages of DAA.

US Direct Anterior Approach Market Segmentation

By Procedure Type

Primary Hip Replacement
Revision Hip Replacement
Based on the Procedure Type, the Primary Hip Replacement US Direct Anterior Approach segment is expected to hold the largest share of the US Direct Anterior Approach Market share. The surge in joint diseases such as rheumatoid arthritis, osteoarthritis, and many others has boosted the demand for Primary Hip replacements.

By Technology

Robotic-assisted Surgery
Traditional Surgical Methods
By Material Type

Metal Material
Alloy Material
Resin Material
US Direct Anterior Approach Key Competitors include:

Proliance Surgeons
OrthAlign Inc.
Bone & Joint Surgery Clinic
Stryker Corporation
Zimmer Biomet
Johnson & Johnson Services Inc. (DePuy Synthes)
The Hip and Knee Center
Medtronic
Exactech
MicroPort Orthopedics

Key Questions Answered in the US Direct Anterior Approach Market Overview

Market reports are:

What is a Direct Anterior Approach?
Which market segment held the largest share of the global US Direct Anterior Approach market in 2023?
What growth strategies are the players considering to increase their presence in the US Direct Anterior Approach Market?
What are the upcoming industry Technologies and trends for the US Direct Anterior Approach Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the US Direct Anterior Approach Market?
Who are the leading companies and what are their portfolios in the US Direct Anterior Approach Market?
What are the major challenges that the US Direct Anterior Approach Market could face in the future?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022 )
Past Pricing and price curve by region (2018 to 2022 )
Market Size, Share, Size & Forecast by Different Segments | 2023-2030
US Direct Anterior Approach Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
US Direct Anterior Approach Market Segmentation - A detailed analysis by Procedure Type, Technology, Technology, and Region
Competitive Landscape - Profiles of selected key players by region in a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value Chain and Procedure Type Analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Stellar Market Research is leading Healthcare Industry research firm, has also published the following reports:

Luxury Jewelry Market https://www.stellarmr.com/report/Luxury-Jewelry-Market/1835

Sustainable Tourism Market https://www.stellarmr.com/report/Sustainable-Tourism-Market/1836

Fish Feed Market https://www.stellarmr.com/report/Fish-Feed-Market/1875

Starter Feed Market https://www.stellarmr.com/report/Starter-Feed-Market/1877

Dental Regeneration Market https://www.stellarmr.com/report/Dental-Regeneration-Market/1878

Contact Stellar Market Research:

S.no.8, h.no. 4-8 Pl.7/4 Kothrud

Pinnac Memories Fl. No. 3

Kothrud, Pune, Maharashtra, 411029

sales@stellarmr.com

+91 9607365656

About Stellar Market Research:

Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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