United States hip replacement devices
market is anticipated to register growth with an impressive CAGR in the
forecast period, 2023-2027, on the account of increasing demands for the hip
replacement surgeries. Rising geriatric population of the country and rising
prevalence of lower extremity conditions such as Osteoarthritis (OA),
osteoporosis and hip ailments are some of the major factors driving the growth
of the United States hip replacement devices market in the upcoming five years.
Consistent research and technological advancement in the medical devices
further support the growth of the United States hip replacement devices market
in the next five years.
Hip replacement surgeries are the
medical procedures where diseases or damaged parts of the hip joints and
installs an implant. The devices utilized for the surgical process of hip
replacement are categorized as hip replacement devices and are further classified
under primary hip reconstruction devices, partial hip reconstruction devices,
revision hip reconstruction devices, and hip resurfacing devices. Incidences of
accidents, stair falls, and sports events often leads to fracture of
dislocation of the hip joints, other than the diseases.
Orthopedic Surgeries Drive Market Growth
Rising instances of the orthopedic
surgeries majorly on the hip region, is actively driving the growth of the
United States hip replacement devices market in the upcoming five years.
Advancing healthcare services and patient care adds to the surgical approaches
toward hip replacement procedures. Also, growing cases of implants, and
corrective devices that aids the orthopedic structure of the body, further
supports the growth of the United States hip replacement devices market in the
next five years.
Increasing surgical ventures, demand
higher count of expert surgeons functioning in the country. The healthcare
system in the country provides well for the experts and the number of the
healthcare experts & workers have been rising rapidly in the recent years,
thus aiding market growth. In the year 2021, there were 22,965 orthopedic
surgeons in the country. More than 450,000 hip replacement surgeries are
performed every year in the United States. Also, growing instances of diseases
like osteoarthritis, rheumatoid arthritis, post traumatic arthritis,
osteonecrosis, childhood arthritis in hips, etc. leads the market growth by
aiding the demands for hip replacement surgeries.
Investments & Advancement Support
Market Growth
The healthcare industry is well
established in the United States. In fact, it is one of the world’s best
healthcare hub that provides excellent healthcare services and patient care.
Technologically advanced medical devices, high tech healthcare infrastructure,
and advanced medicine adds to the potential growth of the industry along with
the market. Higher expenses over healthcare services & patient care from
the government as well as the consumers, substantiates the growth of the United
States hip replacement devices market in the upcoming five years.
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Market Segmentation
The United
States hip replacement devices market is segmented by product type, end user, competitional
landscape, and regional distribution.
Based on product type, the market is further fragmented into primary hip
reconstruction devices, partial hip reconstruction devices, revision hip
reconstruction devices, and hip resurfacing devices. By end user, the market is
bifurcated into hospitals, ambulatory care centers, orthopedics clinics, and others.
The market analysis also studies the regional segmentation to devise regional
market segmentation, divided among South region, Mid-West region, North-East
region, and West region.
Company Profile
Johnson & Johnson (DePuy Synthes), B.
Braun Medical, Inc., Stryker Corporation, Zimmer Biomet Holdings Inc., Exactech,
Inc., Conformis Inc., OMNIlife Science Inc., DJO Global, Inc., Medtronic USA,
Inc., Aesculap Implant Systems, Inc.,
among others is a partial list of major market players of the companies
responsible for the growth of United States hip replacement devices market.
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Attribute
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Details
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Base Year
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2021
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Historical Data
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2017 –
2020
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Estimated Year
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2022
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Forecast Period
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2023
– 2027
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Quantitative Units
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Revenue in USD Million, and CAGR for 2017-2021 and 2022-2027
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Report coverage
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Revenue
forecast, company share, competitive landscape, growth factors, and trends
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Segments covered | |
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Regional scope
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South region, Mid-West region, North-East region, and West
region.
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Key companies profiled
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Johnson & Johnson (DePuy Synthes), B. Braun Medical, Inc.,
Stryker Corporation, Zimmer Biomet Holdings Inc., Exactech, Inc., Conformis
Inc., OMNIlife Science Inc., DJO Global, Inc., Medtronic USA, Inc., Aesculap
Implant Systems, Inc.
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Customization scope
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10%
free report customization with purchase. Addition or alteration to country,
regional & segment scope.
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Pricing and purchase options
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Avail customized purchase options to meet your exact research
needs. Explore purchase options
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Delivery Format
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PDF and Excel through Email (We can also
provide the editable version of the report in PPT/Word format on special
request)
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Report Scope:
In this report, United States hip replacement devices market has been segmented into following
categories, in addition to the industry trends which have also been detailed
below:
- United States Hip Replacement Devices
Market, By Product Type:
- Primary Hip Reconstruction Devices
- Partial Hip Reconstruction Devices
- Revision Hip Reconstruction Devices
- Hip Resurfacing Devices
- United States Hip Replacement Devices
Market, By End User:
- Hospitals
- Ambulatory Care Centers
- Orthopedics Clinics
- Others
- United States Hip Replacement Devices
Market, By Region:
o South Region
o Mid-West Region
o North-East Region
o West Region
Competitive Landscape
Company
Profiles: Detailed
analysis of the major companies present in United States hip replacement devices market.
Available Customizations:
With the given market data, TechSci Research offers
customizations according to a company’s specific needs. The following
customization options are available for the report:
Company
Information
- Detailed analysis and profiling of
additional market players (up to five).
United States Hip Replacement
Devices Market is an upcoming report to be released soon. If you wish an early
delivery of this report or want to confirm the date of release, please contact
us at [email protected]