openPR Logo
Press release

Forecast on Hip Reconstruction Devices Market for the Period 2017 - 2022

01-18-2018 09:09 AM CET | Health & Medicine

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Forecast on Hip Reconstruction Devices Market for the Period

There is a dire need for hip reconstruction especially amongst the growing geriatric population that often suffers the brunt of lower-joint dysfunction. Moreover, there is a general increase in instances of osteoarthritis, hip injuries, and wearing down of joints which has escalated the demand for hip reconstruction devices. The global market for hip reconstruction devices encapsulates a number of market players who are currently relying on innovation and renewals in technology to gain market dominance. However, the market is expected to soon incline towards mergers, acquisitions, and partnerships which seem more viable in the future. The contemporary high-scoring players within the market include DePuy Synthes, United Orthopedic, Braun Melsungen, Exactech, Stryker, and Corin.

Browse Premium Industry Research Report with Analysis: https://www.transparencymarketresearch.com/hip-reconstruction-devices-market.html

The research by TMR found that the global hip reconstruction devices market was valued at US$5.68 bn in 2016 and is anticipated to witness an affluent growth over the forecast period from 2017 to 2022. Amongst types of devices, the segment of primary cemented hip replacement devices is forecasted to maintain its dominance in the market with an expected revenue growth of US$126.6 mn annually. The wholesome technological are expected to keep the prospects of the market soaring high. On the regional front, North America is expected to dominate the market with an expected revenue of US$2.11 bn in 2017. Europe is anticipated to take the second spot on the growth stand with with an expected CAGR of 5.90% over 2017 to 2022. The increased disposable income of citizens in India, China, and South Korea, along with the rising medical tourism will offer s significant boost to the market in Asia Pacific.

The incidence of diseases such as osteoporosis and rheumatoid arthritis causes dire disability which has propelled the demand for hip reconstruction devices across the globe. Following this, the global technological setup has complied to this demand from the medical fraternity, and is currently engaged in pensive research and developments which would materialize the easy availability of hip replacement devices. This shall substantially uptick the global demand for these equipment. A major chunk of existing devices for hip reconstruction are quite intrusive in nature which adds to the suffering of the patients. With the advent of minimally invasive devices, there will be an influx of people wanting to undergo these treatments which would holistically uptick the market for hip reconstruction devices.

Request for Sample Copy of Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=10307

Although the technologically advanced devices for hip replacement spur in effectiveness and treatment, they require a palpable investment which further elevates their cost of employability and functioning. Due to income disparities and varying living standards, the cost of treatment is not bearable for all the people across the widely dispersed markets of the device. This hinders the growth of the market and is expected to slacken progress. Moreover, the untying regulations associated with the approval of inducting these devices further aggravates the situation of the market. Despite the pressing obstacles, the hope offered to the people suffering from ailments has induced optimism in them. An increasing number of people are driven by the idea to be able to function normally and evict their disabilities of movement. This renewed hope is expected to thrust-up the market.

Purchase this Report: https://www.transparencymarketresearch.com/checkout.php?rep_id=10307<ype=S

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact us:

Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

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 Forecast on Hip Reconstruction Devices Market for the Period 2017 - 2022 here

News-ID: 906275 • Views:

More Releases from Transparency Market Research

Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Study
Tissue Banking Market is Expected to Reach US$ 2,903.3 Million to 2026| TMR Stud …
The global 𝐭𝐢𝐬𝐬𝐮𝐞 𝐛𝐚𝐧𝐤𝐢𝐧𝐠 𝐦𝐚𝐫𝐤𝐞𝐭 reached a value of US$ 1,056.4 million in 2017 and is projected to nearly triple to US$ 2,903.3 million by 2026, with a robust Compound Annual Growth Rate (CAGR) of approximately 12.0% from 2018 to 2026. Factors such as increasing awareness about tissue donation, technological advancements, and a growing target patient population are anticipated to propel market growth during this period. Moreover, the market is expected
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
Vascular Closure Devices Market to reach US$ 1 Billion by 2027: TMR Study
This report by Transparency Market Research, Inc. assesses the present state and future growth potential of the global 𝐯𝐚𝐬𝐜𝐮𝐥𝐚𝐫 𝐜𝐥𝐨𝐬𝐮𝐫𝐞 𝐝𝐞𝐯𝐢𝐜𝐞𝐬 𝐦𝐚𝐫𝐤𝐞𝐭. It features a comprehensive executive summary, offering insights into various segments of the market. Additionally, the report provides detailed analysis and data on product, access type, application, end user, and regional segments within the global market. Vascular closure devices is estimated to reach a value of ~US$ 1 Bn
Digital Health Market Estimated at US$ 1.1 Trillion by 2031, TMR Study
Digital Health Market Estimated at US$ 1.1 Trillion by 2031, TMR Study
In 2022, the worldwide 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐇𝐞𝐚𝐥𝐭𝐡 𝐢𝐧𝐝𝐮𝐬𝐭𝐫𝐲 garnered a valuation of US$ 382.5 billion. Projections indicate a steady growth trajectory, with a compound annual growth rate (CAGR) of 13.1% anticipated from 2023 to 2031, ultimately culminating in a total valuation of US$ 1.1 trillion by the conclusion of 2031. Market analysts foresee a promising outlook characterized by the burgeoning prevalence of chronic diseases and the increasing adoption of smartphones and internet
Global Data Center Networking Market Set to Surge, Forecasted to Reach US$ 56.3 …
The Data Center Networking Market is poised for remarkable growth, driven by the burgeoning demand for cloud-native applications and the rapid adoption of data center virtualization and cloud computing. With an estimated value of US$20.6 billion in 2021, the market is projected to surge at a robust CAGR of 10.8% from 2022 to 2031, reaching a staggering US$56.3 billion by the end of 2031. Get Sample Copy of This Report at:

All 5 Releases


More Releases for TMR

Tumblers Market 2028 | TMR Research
The tumblers market is expected to set growth straight with rising demand for new attractive designs for liquors including alcoholic, and non-alcoholic in emerging region of Asia pacific. The rising disposable income, increasing access to quality products, and new product launches customised to suit the taste of the region promise major growth for the tumblers market in near future. Download Brochure of This Market Report at - https://www.tmrresearch.com/sample/sample?flag=B&rep_id=6200 Among regions, North America,
TMR Research
Global 3D Animation Market: Snapshot The evolution and introduction of three-dimensional (3D) animation has given the world of animation a new perspective. The process of creating 3D moving images in a digital space through objects or models has given these illusions depth. One of the most fundamental differences between 2D animation and 3D animation is the technique used for creating the images and the way they look. The global 3D animation
TMR
Various strategies are leveraged by success-hungry players in the global hyperbaric oxygen therapy devices market. One of them is the thrust on research and development to come up with new or better products. Their focus is on building cost-effective medical devices that would see greater uptake. Strategic partnerships are also being undertaken by them to diversify product portfolios and gain greater share. Further, companies are shifting their gaze to developing
Monolithic Ceramics Market Analysis : TMR
Transparency Market Research has published a new market report titled “Monolithic Ceramics Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023.” According to the report, the global monolithic ceramics market was valued at US$ 19.43 Bn in 2014 and is anticipated to reach US$ 36.64 Bn by 2023, expanding at a CAGR of 7.3% between 2015 and 2023. Request to view Sample Report: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=3158 Monolithic ceramics are
Wax Market Analysis : TMR
A recent research report published by Transparency Market Research projects the global wax market to expand at a CAGR of 2.6% during the period between 2014 and 2020. The report, titled “Wax Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” estimates the global wax market to be worth US$8.98 bn by 2020. The overall market stood at a valuation of US$8.21 bn in 2013
Sulfone Polymers Market Analysis : TMR
Global Sulfone Polymers Market: Snapshot Several grades/varieties of sulfone polymers have gained vast applicability across a number of industries in the past few years. The relatively higher level of resistance wear and corrosion provided by these materials as compared to metals have increased their usage in medical devices and implants. Owing to their high transparency resistance, low weight, and high performance, the demand for sulfone polymers is also rising in the