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Published Date: 2017-02-14Number of Pages: 168

Hip Replacement Implant Market (Product Type - Total Hip Replacement Implant, Partial Hip Replacement Implant, Hip Resurfacing Implant, and Revision Hip Replacement Implant; Material - Metal-on-metal, Metal-on-Polyethylene, Ceramic-on-Metal, Ceramic-on-Polyethylene, and Ceramic-on-Ceramic; End User - Hospitals, Orthopedic Clinics, and Ambulatory Surgical Centers) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024

Global Hip Replacement Implant Market: Snapshot

Hip replacement implants are used for replacing damaged hip to restore bodily function to as normal as possible. Damage caused to the hip due to injuries, disease, or fractures can be corrected with hip replacement implants. The demand for hip replacement implants has been on the rise in recent years due to the growing number of injuries and the subsequent demand for surgeries for the required correction. Owing to this reason, the global market is expected to be worth US$9.1 bn by the end of 2024 as compared to US$6.5 bn in 2015. Between the forecast period of 2016 and 2024, the global market is estimated to expand at a CAGR of 3.9%.

High Prevalence of Trauma to Hips Augments Demand in Global Market

The steady growth of the hip replacement implant market is attributed to rising geriatric population, increasing incidences of accidents, and rising prevalence of osteoarthritis. Technological advancements in the field of artificial hip implant resulting in new and innovative products such as mobile bearing hip implant and various material combination implants have increased the mobility and flexibility of the leg. These innovations have also reduced the side effects for artificial implants, thereby augmenting their demand.

hip replacement implant market

Total Hip Replacement Implant Segment to Lead Global Market throughout Forecast Period

On the basis of product, the global market is segmented into total hip replacement implant, hip resurfacing implant, partial hip replacement implant, and revision hip replacement implant. The total hip replacement implant segment is further fragmented into fixed bearing hip implants and mobile-bearing total hip implants. Of all these segments, the total hip replacement implant segment held a leading share in the global market. The report indicates that this segment will continue to lead against the backdrop of growing incidences of trauma to the hips and increasing prevalence of osteoarthritis amongst the elderly.

North America Poised to Dominate as Region Witnesses Rising Healthcare Expenditure

In terms of geography, the global market is segmented into Europe, North America, Asia Pacific, the Middle East and Africa, and Latin America. Of these, North America dominated the global market in 2015 and is expected to continue its dominance during the forecast period. This is due to high prevalence of osteoarthritis, increasing health care expenditure leading to increase in demand for better medical devices and health care services, and number of technological advancements in the field of hip replacement implants. However, the market in Asia Pacific is projected to register a significant growth rate by 2024 due to availability of large patient pool and increasing awareness about health. In addition, high percentage of geriatric population, and increasing disposable income are expected to offer opportunities.

The key players operating in the global hip replacement market are B. Braun Melsungen AG, Exactech, Inc., DJO Global, Inc., Johnson & Johnson, MicroPort Scientific Corporation, OMNIlife science, Inc., Smith & Nephew, Zimmer Biomet Holdings, Inc., and Stryker Corporation. As of 2015, Zimmer Biomet Holdings, Inc. held a leading share in the global market with its winning business strategies such as acquisition of Clinical Graphics. The company is anticipated to continue its stance in the global market throughout the forecast period as it is expected to make significant investments in research and development of new products.

1.  Preface

2.  Research Methodology & Assumptions

3.  Executive Summary

4.  Global Market Overview
      4.1 Introduction (Product Definition)
      4.2 Industry Evolution/Development 
      4.3 Key Market Indicators
      4.4 Market Dynamics
            4.4.1 Drivers
            4.4.2 Restraints
            4.4.3 Opportunity
      4.5 Global Market Analysis and Forecasts, 2014 – 2024
      4.6 Global Supply Demand Scenario
      4.7 Porter’s Five Force Analysis
      4.8  Value Chain Analysis
      4.9 Market Outlook

5.  Global Market Analysis and Forecast by Product Type
      5.1 Key Findings
      5.2 Introduction
      5.3 Market Size (US$ Mn) Forecast, By Product Type
            5.3.1 Total Hip Replacement Implant
                     5.3.1.1 Fixed Bearing Hip Implants
                     5.3.1.2 Mobile-Bearing Total Hip Implants
            5.3.2 Partial Hip Replacement Implant
            5.3.3 Hip resurfacing Implant
            5.3.4 Revision Hip Replacement Implant
      5.4 Market Attractiveness, By Product Type
      5.5 Key Trends

6. Global Market Analysis and Forecast by Material
      6.1 Key Findings
      6.2 Introduction
      6.3 Market Size (US$ Mn) Forecast, By Material
            6.3.1 Metal-on-metal
            6.3.2 Metal-on-polyethylene
            6.3.3 Ceramic-on-metal
            6.3.4 Ceramic-on-polyethylene
            6.3.5 Ceramic-on-ceramic
      6.4 Market Attractiveness, By Material
      6.5 Key Trends

7. Global Market Analysis and Forecast by End User
      7.1 Key Findings
      7.2 Introduction
      7.3 Market Size (US$ Mn) Forecast, By End User
            7.3.1 Hospitals
            7.3.2 Orthopedic Clinics
            7.3.3 Ambulatory Surgical Centers
            7.3.4 Others
      7.4 Market Attractiveness, By End User      
      7.5 Key Trends

8. Global Market Analysis and Forecast by Region
      8.1 Key Findings
      8.2 Introduction
            8.2.1 Market Size (US$ Mn) Forecast, By Region
            8.2.2 North America
            8.2.3 Europe
            8.2.4 Asia Pacific
            8.2.5 Latin America
            8.2.6 Middle East and Africa

9.  North America Market Analysis and Forecast by Region         
      9.1 Key Findings 
      9.2 North America Market Forecast, by Product Type
      9.3 North America Market Forecast, by Material
      9.4 North America Market Forecast, by End User
      9.5 North America Market Forecast, by Country
            9.5.1 U.S. Hip Replacement Implant Market Overview
            9.5.2 Canada Hip Replacement Implant Market Overview
      9.6 North America Market Attractiveness Analysis
      9.7 Market Trends

10. Europe Market Analysis and Forecast by Region
      10.1 Key Findings
      10.2 Europe Market Forecast, by Product Type
      10.3 Europe Market Forecast, by Material
      10.4 Europe Market Forecast, by End User
      10.5 Europe Market Forecast, by Country
            10.5.1 Germany Hip Replacement Implant Market Overview
            10.5.2 France Hip Replacement Implant Market Overview
            10.5.3 UK Hip Replacement Implant Market Overview
            10.5.4 Rest of Europe Market Overview
      10.6 Europe Market Attractiveness Analysis
      10.7 Market Trends

11. Asia Pacific Hip Replacement Implant Market Analysis and Forecast by Region
      11.1 Key Findings
      11.2 Asia Pacific Market Forecast, by Product Type
      11.3 Asia Pacific Market Forecast, by Material
      11.4 Asia Pacific Market Forecast, by End User
      11.5 Asia Pacific Market Forecast, by Country
            11.5.1 China Hip Replacement Implant Market Overview
            11.5.2 Japan Hip Replacement Implant Market Overview
            11.5.3 Australia & New Zealand Hip Replacement Implant Market Overview
            11.5.4 Rest of APAC Market Overview
      11.6 Asia Pacific Market Attractiveness Analysis
      11.7 Market Trends

12 Latin America Hip Replacement Implant Market Analysis and Forecast by Region
      12.1 Key Findings
      12.2 Latin America Market Forecast, by Product Type
      12.3 Latin America Market Forecast, by Material
      12.4 Latin America Market Forecast, by End User
      12.5 Latin America Market Forecast, by Country
            12.5.1 Brazil Hip Replacement Implant Market Overview
            12.5.2 Mexico Hip Replacement Implant Market Overview
            12.5.3 Rest of LATAM Market Overview
      12.6 Latin America Market Attractiveness Analysis
      12.7 Market Trends

13 Middle East and Africa Hip Replacement Implant Market Analysis and Forecast by Region
      13.1 Key Findings
      13.2 Middle East and Africa Market Forecast, by Product Type
      13.3 Middle East and Africa Market Forecast, by Material
      13.4 Middle East and Africa Market Forecast, by End User
      13.5 Middle East and Africa Market Forecast, by Country
            13.5.1 Saudi Arabia Market Overview
            13.5.2 South Africa Market Overview
            13.5.3 Rest of MEA Market Overview
      13.6 Middle East and Africa Market Attractiveness Analysis
      13.7 Market Trends

14. Competitive Landscape
      14.1 Market Share Analysis, by Company
      14.2 Competition Matrix
      14.3 Company Profiles
            14.3.1 Zimmer Biomet Holdings, Inc.
                     14.3.1.1 Company Details
                     14.3.1.2 Business Overview
                     14.3.1.3 Financial Overview
                     14.3.1.4 Strategic Overview
                     14.3.1.5 SWOT Analysis
            14.3.2 Johnson & Johnson
                     14.3.2.1 Company Details
                     14.3.2.2 Business Overview
                     14.3.2.3 Financial Overview
                     14.3.2.4 Strategic Overview
                     14.3.2.5 SWOT Analysis
            14.3.3 Stryker Corporation
                     14.3.3.1 Company Details
                     14.3.3.2 Business Overview
                     14.3.3.3 Financial Overview
                     14.3.3.4 Strategic Overview
                     14.3.3.5 SWOT Analysis
            14.3.4 Smith & Nephew plc.
                     14.3.4.1 Company Details
                     14.3.4.2 Business Overview
                     14.3.4.3 Financial Overview
                     14.3.4.4 Strategic Overview
                     14.3.4.5 SWOT Analysis
            14.3.5 MicroPort Scientific Corporation
                     14.3.5.1 Company Details
                     14.3.5.2 Business Overview
                     14.3.5.3 Financial Overview
                     14.3.5.4 Strategic Overview
                     14.3.5.5 SWOT Analysis
            14.3.6 Exactech, Inc.
                     14.3.6.1 Company Details
                     14.3.6.2 Business Overview
                     14.3.6.3 Financial Overview
                     14.3.6.4 Strategic Overview
                     14.3.6.5 SWOT Analysis
            14.3.7 OMNIlife science, Inc.
                     14.3.7.1 Company Details
                     14.3.7.2 Business Overview
                     14.3.7.3 Financial Overview
                     14.3.7.4 Strategic Overview
                     14.3.7.5 SWOT Analysis
            14.3.8 B. Braun Melsungen AG
                     14.3.8.1 Company Details
                     14.3.8.2 Business Overview
                     14.3.8.3 Financial Overview
                     14.3.8.4 Strategic Overview
                     14.3.8.5 SWOT Analysis
            14.3.9 DJO Global, Inc.
                     14.3.9.1 Company Details
                     14.3.9.2 Business Overview
                     14.3.9.3 Financial Overview
                     14.3.9.4 Strategic Overview
                     14.3.9.5 SWOT Analysis

List of Figures

Figure 01: Global Hip Replacement Implant Market Size (US$ Mn) Forecast, 2015–2024
Figure 02: Global Market Value Share Analysis by Product, 2016 and 2024
Figure 03: Global Total Market Revenue
Figure 04: Global Partial Replacement Implant Market Revenue
Figure 05: Global Hip resurfacing Implant Market Revenue
Figure 06: Global Revision Replacement Implant Market Revenue
Figure 07: Hip Replacement Implant Market Attractiveness Analysis by Product
Figure 08: Global Market Value Share Analysis by Material Type, 2016 and 2024
Figure 09: Global Metal-on-metal Replacement Implant Market Revenue
Figure 10: Global Metal-on-polyethylene Replacement Implant Market Revenue
Figure 11: Global Ceramic-on-metal Replacement Implant Market Revenue
Figure 12: Global Ceramic-on-polyethylene Replacement Implant Market Revenue
Figure 13: Global Ceramic-on-ceramicReplacement Implant Market Revenue
Figure 14: Hip Replacement Implant Market Attractiveness Analysis by Material Type
Figure 15: Global Market Value Share Analysis by End User, 2016 and 2024
Figure 16: Global Hospital Replacement Implant Devices Market Revenue
Figure 17: Global Orthopedic Clinics Replacement Implant Devices Market Revenue
Figure 18: Global Ambulatory Surgical Centers Replacement Implant Devices Market Revenue
Figure 19: Global Others Hip Replacement Implant Devices Market Revenue
Figure 20: Market Attractiveness Analysis by End User
Figure 21: Global Market Value Share Analysis by Region Type, 2016 and 2024
Figure 22: Hip Replacement Implant Market Attractiveness Analysis, By Region Type
Figure 23: North America Market Size (US$ Mn) Forecast, 2015–2024
Figure 24: North America Market Attractiveness Analysis by Country
Figure 25: North America Market Value Share Analysis by Product, 2016 and 2024
Figure 26: North America Market Value Share Analysis by Material Type, 2016 and 2024
Figure 27: North America Market Value Share Analysis by End User, 2016 and 2024
Figure 28: North America Market Value Share Analysis by Country, 2016 and 2024
Figure 29: North America Market Attractiveness Analysis, By Material
Figure 30: North America Market Attractiveness Analysis, By Product
Figure 31: North America Market Attractiveness Analysis, By End User
Figure 32: Europe Hip Replacement Implant Market Size (US$ Mn) and Forecast, 2015–2024
Figure 33: Europe Market Attractiveness Analysis by Country
Figure 34: Europe Market Value Share Analysis by Product, 2016 and 2024
Figure 35: Europe Market Value Share Analysis by Material Type, 2016 and 2024
Figure 36: Europe Market Value Share Analysis by End User, 2016 and 2024
Figure 37: Europe Market Value Share Analysis by Country, 2016 and 2024
Figure 38: Europe Market Attractiveness Analysis, By Material
Figure 39: Europe Market Attractiveness Analysis, By Product
Figure 40: Europe Market Attractiveness Analysis, By End User
Figure 41: Asia Pacific Hip Replacement Implant Market Size (US$ Mn) and Forecast, 2015–2024
Figure 42: Asia Pacific Market Attractiveness Analysis by Country
Figure 43: Asia Pacific Market Value Share Analysis by Product, 2016 and 2024
Figure 44: Asia Pacific Market Value Share Analysis by Material Type, 2016 and 2024
Figure 45: Asia Pacific Market Value Share Analysis by End User, 2016 and 2024
Figure 46: Asia Pacific Market Value Share Analysis by Country, 2016 and 2024
Figure 47: Asia Pacific Market Attractiveness Analysis, By Material
Figure 48: Asia Pacific Market Attractiveness Analysis, By Product
Figure 49: Asia Pacific Market Attractiveness Analysis, By End User
Figure 50: Latin America Hip Replacement Implant Market Size (US$ Mn) and Forecast, 2015–2024
Figure 51: Latin America Market Attractiveness Analysis by Country
Figure 52: Latin America Market Value Share Analysis by Product, 2016 and 2024
Figure 53: Latin America Market Value Share Analysis by Material Type, 2016 and 2024
Figure 54: Latin America Market Value Share Analysis by End User, 2016 and 2024
Figure 55: Latin America Market Value Share Analysis by Country, 2016 and 2024
Figure 56: Latin America Market Attractiveness Analysis, By Material
Figure 57: Latin America Market Attractiveness Analysis, By Product
Figure 58: Latin America Market Attractiveness Analysis, By End User
Figure 59: Middle East & Africa Hip Replacement Implant Market Size (US$ Mn) and Forecast, 2015–2024
Figure 60: Middle East & Africa Market Attractiveness Analysis by Country
Figure 61: Middle East & Africa Market Value Share Analysis by Product, 2016 and 2024
Figure 62: Middle East & Africa Market Value Share Analysis by Material Type, 2016 and 2024
Figure 63: Middle East & Africa Market Value Share Analysis by End User, 2016 and 2024
Figure 64: Middle East & Africa Market Value Share Analysis by Country, 2016 and 2024
Figure 65: Middle East & Africa Market Attractiveness Analysis, By Material
Figure 66: Middle East & Africa Market Attractiveness Analysis, By Product
Figure 67: Middle East & Africa Market Attractiveness Analysis, By End User
Figure 68: Global Market Share Analysis by Company (2015)

 

List of Table

Table 01: Global Hip Replacement Implant Market Size (US$ Mn) Forecast, By Product, 2016–2024
Table 02: Global Market Size (US$ Mn) Forecast, By Material Type, 2016–2024
Table 03: Global Market Size (US$ Mn) Forecast, By End User, 2016–2024
Table 04: Global Market Size (US$ Mn) Forecast, By Region Type, 2016–2024
Table 05: North America Hip Replacement Implant Market Size (US$ Mn) Forecast, By Product, 2016–2024
Table 06: North America Market Size (US$ Mn) Forecast, By Material Type, 2016–2024
Table 07: North America Market Size (US$ Mn) Forecast, By End User, 2016–2024
Table 08: North America Market Size (US$ Mn) Forecast, By Country, 2016–2024
Table 09: Europe Hip Replacement Implant Market Size (US$ Mn) Forecast, By Product, 2016–2024
Table 10: Europe Market Size (US$ Mn) Forecast, By Material Type, 2016–2024
Table 11: Europe Market Size (US$ Mn) Forecast, By End User, 2016–2024
Table 12: Europe Market Size (US$ Mn) Forecast, By Country, 2016–2024
Table 13: Asia Pacific Hip Replacement Implant Market Size (US$ Mn) Forecast, By Product, 2016–2024
Table 14: Asia Pacific Market Size (US$ Mn) Forecast, By Material Type, 2016–2024
Table 15: Asia Pacific Market Size (US$ Mn) Forecast, By End User, 2016–2024
Table 16: Asia Pacific Market Size (US$ Mn) Forecast, By Country, 2016–2024
Table 17: Latin America Hip Replacement Implant Market Size (US$ Mn) Forecast, By Product, 2016–2024
Table 18: Latin America Market Size (US$ Mn) Forecast, By Material Type, 2016–2024
Table 19: Latin America Market Size (US$ Mn) Forecast, By End User, 2016–2024
Table 20: Latin America Market Size (US$ Mn) Forecast, By Country, 2016–2024
Table 21: Middle East & Africa Hip Replacement Implant Market Size (US$ Mn) Forecast, By Product, 2016–2024
Table 22: Middle East & Africa Market Size (US$ Mn) Forecast, By Material Type, 2016–2024
Table 23: Middle East & Africa Market Size (US$ Mn) Forecast, By End User, 2016–2024
Table 24: Middle East & Africa Market Size (US$ Mn) Forecast, By Country, 2016–2024

Global Hip Replacement Implant Market: Overview

Hip Replacement Implant are the artificial implant made of metal, plastics or ceramic which are replaced with the hip joint. Hip replacement procedure takes place when hip joint is damaged due to disease or injury.

A detailed overview of market dynamics, including the drivers, restraints, and opportunities of the market, has been provided in this report. Market revenue for all the above mentioned segments, and their sub segments has been provided for the forecast period of 2016-2024, considering 2015 as the base year, and 2014 as the historical year, along with compound annual growth rate (CAGR %), for the forecast period of 2016-2024. Market share estimations were based on in-depth analysis and study of products, and their features, prices etc.

This report provides in-depth analysis of the market. The stakeholders for this report include companies involved in the manufacturing of hip implant and its spares parts. For providing a snapshot of this market to the stakeholders, executive summary section is included in this report, which summarizes the market size, trends and competition in different regions. Market share analysis among the market players is analyzed to signify percentage share of the major players operating in the market. Furthermore, the report incorporates market attractiveness analysis by geography that depicts the most attractive and significant region in the global market in 2015.

Global Hip Replacement Implant Market: Research Methodology

The research methodology is a combination of primary and secondary research. Primary research includes information collected via e-mails, and telephonic interviews of Key Opinion Leaders (KOL), and forms the bulk of our research. Secondary research includes information collected from various sources, by study of company websites, annual reports, stock analysis presentations, press releases, and various national and international databases.  

Global Market: Segmentation

Based on product type, global market is segmented on the basis of product are total hip replacement implant, partial hip replacement implant, hip resurfacing implant and revision hip replacement implant. Total hip replacement implant segment is further sub-segmented into fixed bearing hip implants and mobile-bearing total hip implants. Based on material, the market are segmented into metal-on-metal, metal-on-polyethylene, ceramic-on-metal, ceramic-on-polyethylene and ceramic-on-ceramic. End users in the market are, hospitals, orthopedic clinics, ambulatory surgical centers and others (long term care center, research, academics, nursing facility, etc.)

Global Hip Replacement Implant Market: Regional Outlook

Based on geography, the market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The regions are further segmented into major countries which include, U.S., Canada, Germany, U.K., France, rest of Europe, China, Japan, Australia and New Zealand, Rest of Asia Pacific, Brazil, Mexico, Rest of Latin America, Saudi Arabia, South Africa and Rest of Middle East and Africa.

Key Players Mentioned in this Report are:

The report also comprises list major players in the market, their SWOT analysis, market share of these players in the market, key business strategies, product portfolios, and recent developments. Key market players profiled in this report include, B. Braun Melsungen AG, Exactech, Inc., DJO Global, Inc., Johnson & Johnson, MicroPort Scientific Corporation, OMNIlife science, Inc., Smith & Nephew, Stryker Corporation and Zimmer Biomet Holdings, Inc. Zimmer Biomet Holdings, Inc.

The global hip replacement implant market has been segmented as follows:

  • By Product Type
    • Total Replacement Implant
      • Fixed Bearing Hip Implants
      • Mobile-Bearing Total Hip Implants
    • Partial Replacement Implant
    • Hip resurfacing Implant
    • Revision Replacement Implant
       
  • B Material
    • Metal-on-metal
    • Metal-on-polyethylene
    • Ceramic-on-metal
    • Ceramic-on-polyethylene
    • Ceramic-on-ceramic
       
  • By End Users
    • Hospitals
    • Orthopedic Clinics
    • Ambulatory Surgical Centers
    • Others
       
  • By Geography
    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • France
      • U.K.
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • Australia & New Zealand
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Mexico
      • Rest of Latin America
    • Middle East and Africa
      • Saudi Arabia
      • South Africa
      • Rest of MEA


 
 
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