Hip Replacement Market by Products, Regions, Fixation, Companies, Global Analysis

July 2019 | | ID: HA30FCEDB20EN
Renub Research

Abstracts

Currently, Hip replacement is done via minimally invasive surgery or procedure instead of a conventional procedure. Rising adoption of minimally invasive procedure across the world will further boost the Hip replacement market. In Hip replacement surgery, hip joint replaces with a prosthetic hip joint which is made up of either plastic or metal. It is done at the final stage if other treatment procedure failed to relieve pain. According to Renub Research Global Hip Replacement Market is expected to reach nearly 7 Billion by the end of the year 2025.

The primary reason that is fueling the growth of Hip Replacement Market is rising prevalence of ageing population, growing prevalence of osteoarthritis disease, growing per capita health expenditure, increasing overall patient population, hip related product is getting faster approval, government initiatives and increase in overall government healthcare expenditure etc. Additionally, rising injuries, trauma cases and advancement in the minimally invasive procedure, it will further propel the market of Hip replacement.

Rising Geriatric Population Boosting Demand of Hip Replacement Market

According to the United Nation, the geriatric population is rising dramatically, in 2017; the population over 60 yearsof age was 960 Million. It is anticipated that the global elder population will surge to 1.4 Billion by the end of the year 2030. Along with the rising ageing population, many developed, as well as developing countries, focuses on ageing healthcare. According to our analysis, the ageing population is highly prone to Hip and joint abnormalities. Therefore, in the coming future ageing population will drive the Hip replacement market to a great extent.

Renub Research report titled “Hip Replacement Market by Products (Total Hip Replacement, Partial Hip Replacement, Revision Hip Replacement and Hip Resurfacing), Regions (North America, Europe, Asia-Pacific, South America, & Middle East/Africa), Fixation (Cemented, Cementless & Hybrid) Companies (Zimmer Biomet Holding Inc., Stryker Corporation, Smith & Nephew, Johnson & Johnson) Global Analysis” studies the global Hip Replacement market and volume in-depth and provides an all-encompassing analysis of the key growth drivers and preventive factors, market and volume trends and players and their projections for the upcoming years.

Market Insight by Segment

In this report, the market of Hip replacement is fragmented into four parts; Total Hip Replacement, Partial Hip Replacement, Revision Hip Replacement and Hip Resurfacing. In this report, we have done a comprehensive analysis of various procedure and core factors that will boost the Hip replacement market. Hip replacement is a minimally invasive surgical procedure in which painful Hip joints replace with an artificial one to ensure the joint would work smoothly. Sometimes, Hip could be replaced if other treatment options are failed. Hip could be fully or partially replaced based on the condition of the patient and could be revision after a specific interval of time.

Market Insight by Fixation

In this report, we have done complete insight into the market by fixation. The Hip replacement fixation market is categorized into three parts.

• The first one has cemented fixation in which Hip replacement is done via cemented components.
• The second segment is cement-less in which other component is used to fix Hip.
• The third and most important segment is hybrid in which cement and other components are used to fix Hip.

According to Renub Research Analysis, the Hybrid segment would be one of the most significant and dominating among Hip replacement market by fixation.

Market Insight by Region

In this report, we have categorized the Hip replacement market into five regional fronts; North America, Europe, Asia-Pacific, South America and Middle East & Africa. In this report, we have done a complete assessment to identify the regional trend and provide a full market outlook and explain the most significant factors that impact the regional market of Hip replacement.

By Companies

Zimmer Biomet Holding Inc., Stryker Corporation, Smith & Nephew, Johnson & Johnson (Depuy Synthes), and are some of the top companies operating in the global hip replacement market; which has been studied thoroughly in the report.

All the 4 Companies Studied in the Report have been Studied from 4 Points

• Company Overview
• Business Strategy
• Merger/Acquisitions
• Financial Insight

Hip Segments Covered in the Report:

• Total Hip Replacement
• Partial Hip Replacement
• Revision Hip Replacement
• Hip Resurfacing

Regional Market Covered in the Report:

• North America
• Europe
• Asia-Pacific
• South America
• Middle East/Africa

Key Companies Covered in the Report:

• Zimmer Biomet Holding Inc.
• Stryker Corporation.
• Smith & Nephew
• Johnson & Johnson

Key Companies Covered in the Report:

• Zimmer Biomet Holding Inc.
• Stryker Corporation.
• Smith & Nephew
• Johnson & Johnson

Contents

1. INTRODUCTION

2. RESEARCH & METHODOLOGY

3. EXECUTIVE SUMMARY

4. GLOBAL HIP REPLACEMENT MARKET

5. MARKET SHARE – GLOBAL HIP REPLACEMENT

5.1 By Product – Global Hip Replacement
5.2 By Region – Global Hip Replacement
5.3 By Fixation – Cemented, Cementless, Hybrid

6. MARKET SHARE – BY REGION (NORTH AMERICA, EUROPE, ASIA PACIFIC, SOUTH AMERICA, MIDDLE EAST/AFRICA)

6.1 Total Hip Replacement
6.2 Partial HIP Replacement
6.3 Revision HIP Replacement
6.4 HIP Resurfacing

7. MARKET SHARE – KEY PLAYERS

8. PRODUCT – GLOBAL HIP REPLACEMENT MARKET

8.1 Total HIP Replacement
8.2 Partial HIP Replacement
8.3 Revision HIP Replacement
8.4 HIP Resurfacing

9. REGION - HIP REPLACEMENT MARKET

9.1 North America
  9.1.1 Total HIP Replacement Market
  9.1.2 Partial HIP Replacement Market
  9.1.3 Revision HIP Replacement Market
  9.1.4 HIP Resurfacing Market
9.2 Europe
  9.2.1 Total HIP Replacement Market
  9.2.2 Partial HIP Replacement Market
  9.2.3 Revision HIP Replacement Market
  9.2.4 HIP Resurfacing Market
9.3 Asia-Pacific
  9.3.1 Total HIP Replacement Market
  9.3.2 Partial HIP Replacement Market
  9.3.3 Revision HIP Replacement Market
  9.3.4 HIP Resurfacing Market
9.4 South America
  9.4.1 Total HIP Replacement Market
  9.4.2 Partial HIP Replacement Market
  9.4.3 Revision HIP Replacement Market
  9.4.4 HIP Resurfacing Market
9.5 Middle East/Africa
  9.5.1 Total HIP Replacement Market
  9.5.2 Partial HIP Replacement Market
  9.5.3 Revision HIP Replacement Market
  9.5.4 HIP Resurfacing Market

10. FIXATION – GLOBAL HIP REPLACEMENT MARKET

10.1 Cemented
10.2 Cementless
10.3 Hybrid - Hip Replacement Market

11. ZIMMER BIOMET HOLDINGS INC. – COMPANY ANALYSIS

11.1 Overview
11.2 Marketing Strategy
11.3 Merger & Acquisitions
11.4 Financial Insights

12. STRYKER CORPORATION – COMPANY ANALYSIS

12.1 Overview
12.2 Marketing Strategy
12.3 Merger & Acquisitions
12.4 Financial Insights

13. SMITH & NEPHEW PLC – COMPANY ANALYSIS

13.1 Overview
13.2 Strategy
13.3 Merger & Acquisitions
13.4 Financial Insights

14. JOHNSON & JOHNSON – COMPANY ANALYSIS

14.1 Overview
14.2 Strategy
14.3 Merger & Acquisitions
14.4 Financial Insights
14.5 Others

15. GROWTH FACTORS

15.1 Rising Pool of Hip Fractures
15.2 Government Reimbursement Plans
15.3 Rising Geriatric Population
15.4 Hip Osteoarthritis

16. CHALLENGES

16.1 Risk of Complications after Surgery
16.2 Increasing Average Cost of Hip Implant

List Of Figures

LIST OF FIGURES

Figure 2 1: Global - Hip Replacement Market (Billion US$), 2011 - 2018
Figure 2 2: Global – Forecast for Hip Replacement Market (Billion US$), 2019 – 2025
Figure 3 1: By Product - Global Hip Replacement Market Share (%), 2011 - 2018
Figure 3 2: By Product – Forecast for Global Hip Replacement Market Share (%), 2019 – 2025
Figure 3 3: By Region - Global Hip Replacement Market Share (%), 2011 – 2018
Figure 3 4: By Region – Forecast for Global Hip Replacement Market Share (%), 2019 – 2025
Figure 3 5: By Fixation - Global Hip Replacement Market Share (%), 2011 – 2018
Figure 3 6: By Fixation – Forecast for Global Hip Replacement Market Share (%), 2019 – 2025
Figure 4 1: Regional - Total Hip Replacement Market Share (%), 2011 – 2018
Figure 4 2: Forecast for Regional – Total Hip Replacement Market Share (%), 2019 – 2025
Figure 4 3: Regional - Partial Hip Replacement Market Share (%), 2011 – 2018
Figure 4 4: Forecast for Regional – Partial Hip Replacement Market Share (%), 2019 – 2025
Figure 4 5: Regional - Revision Hip Replacement Market Share (%), 2011 – 2018
Figure 4 6: Forecast for Regional – Revision Hip Replacement Market Share (%), 2019 – 2025
Figure 4 7: Regional - Hip Resurfacing Replacement Market Share (%), 2011 – 2018
Figure 4 8: Forecast for Regional – Hip Resurfacing Replacement Market Share (%), 2019 – 2025
Figure 5 1: Key Players - Hip Replacement Market Share (%), 2013 - 2018
Figure 5 2: Key Players - Forecast for Hip Replacement Market Share (%), 2019 - 2025
Figure 6 1: Global – Total Hip Replacement Market (Billion US$), 2011 – 2018
Figure 6 2: Global – Forecast for Total Hip Replacement Market (Billion US$), 2019 – 2025
Figure 6 3: Partial Hip Replacement Market (Million US$), 2011 – 2018
Figure 6 4: Forecast for Partial Hip Replacement Market (Million US$), 2019 – 2025
Figure 6 5: Global Revision Hip Replacement Market (Million US$), 2011 – 2018
Figure 6 6: Forecast for Global Revision Hip Replacement Market (Million US$), 2019 – 2025
Figure 6 7: Hip Resurfacing Replacement Market (Million US$), 2011 – 2018
Figure 6 8: Forecast for Hip Resurfacing Replacement Market (Million US$), 2019 – 2025
Figure 7 1: North America - Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 2: North America – Forecast for Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 3: North America – Total Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 4: North America – Forecast for Total Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 5: North America – Partial Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 6: North America – Forecast for Partial Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 7: North America - Revision Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 8: North America - Revision Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 9: North America – Hip Resurfacing Replacement Market (Million US$), 2011 – 2018
Figure 7 10: North America – Forecast for Hip Resurfacing Replacement Market (Million US$), 2019 – 2025
Figure 7 11: Europe – Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 12: Europe – Forecast for Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 13: Europe – Total Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 14: Europe – Forecast for Total Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 15: Europe – Partial Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 16: Europe – Forecast for Partial Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 17: Europe – Revision Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 18: Europe – Forecast for Revision Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 19: Europe – Hip Resurfacing Replacement Market (Million US$), 2011 – 2018
Figure 7 20: Europe – Forecast for Hip Resurfacing Replacement Market (Million US$), 2019 – 2025
Figure 7 21: Asia-Pacific - Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 22: Asia-Pacific – Forecast for Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 23: Asia-Pacific – Total Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 24: Asia-Pacific – Forecast for Total Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 25: Asia-Pacific – Partial Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 26: Asia-Pacific – Forecast for Partial Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 27: Asia-Pacific – Revision Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 28: Asia-Pacific – Forecast for Revision Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 29: Asia-Pacific - Hip Resurfacing Replacement Market (Million US$), 2011 – 2018
Figure 7 30: Asia-Pacific – Forecast for Hip Resurfacing Replacement Market (Million US$), 2019 – 2025
Figure 7 31: South America – Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 32: South America – Forecast for Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 33: South America – Total Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 34: South America – Forecast for Total Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 35: South America – Partial Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 36: South America – Forecast for Partial Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 37: South America – Revision Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 38: South America – Forecast for Revision Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 39: South America – Hip Resurfacing Replacement Market (Million US$), 2011 – 2018
Figure 7 40: South America – Forecast for Hip Resurfacing Replacement Market (Million US$), 2019 – 2025
Figure 7 41: Middle East/Africa – Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 42: Middle East/Africa – Forecast for Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 43: Middle East/Africa – Total Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 44: Middle East/Africa – Forecast for Total Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 45: Middle East/Africa – Partial Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 46: Middle East/Africa – Forecast for Partial Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 47: Middle East/Africa – Revision Hip Replacement Market (Million US$), 2011 – 2018
Figure 7 48: Middle East/Africa – Forecast for Revision Hip Replacement Market (Million US$), 2019 – 2025
Figure 7 49: Middle East/Africa – Hip Resurfacing Replacement Market (Million US$), 2011 – 2018
Figure 7 50: Middle East/Africa – Forecast for Hip Resurfacing Replacement Market (Million US$), 2019 – 2025
Figure 8 1: Cemented Hip Replacement Market (Million US$), 2011 - 2018
Figure 8 2: Forecast for Cemented Hip Replacement Market (Million US$), 2019 - 2025
Figure 8 3: Cementless Hip Replacement Market (Million US$), 2011 - 2018
Figure 8 4: Forecast for Cementless Hip Replacement Market (Million US$), 2019 - 2025
Figure 8 5: Hybrid Hip Replacement Market (Million US$), 2011 - 2018
Figure 8 6: Forecast for Hybrid Hip Replacement Market (Million US$), 2019 - 2025
Figure 9 1: Zimmer Biomet Holdings, Inc. Hip Replacement Component Sales (Million US$), 2013 – 2018
Figure 9 2: Forecast for Zimmer Biomet Holdings, Inc. Hip Replacement Component Sales (Million US$), 2019 – 2025
Figure 10 1: Stryker Corporation Hip Replacement Component Sales (Million US$), 2013 – 2018
Figure 10 2: Forecast for Stryker Corporation Hip Replacement Component Sales (Million US$), 2019 – 2025
Figure 11 1: Smith & Nephew plc Hip Replacement Component Sales (Million US$), 2013 – 2018
Figure 11 2: Forecast for Smith & Nephew plc Hip Replacement Component Sales (Million US$), 2019 – 2025
Figure 12 1: Johnson & Johnson Hip Replacement Component Sales (Million US$), 2013 – 2018
Figure 12 2: Forecast for Johnson & Johnson Hip Replacement Component Sales (Million US$), 2019 – 2025
Figure 12 3: Others Hip Replacement Component Sales (Million US$), 2013 – 2018
Figure 12 4: Forecast for Others Hip Replacement Component Sales (Million US$), 2019 – 2025
Figure 13 1: U.S.A. Government Reimbursement Plans for Hip surgery
Figure 13 2: United States - Rising Geriatric Population (Million), 2000, 2016 & 2060
Figure 13 3: By age Group - Hip Osteoarthritis, 2015
Figure 14 1: Breakdown in Percentage Costs of a Total Hip Arthroplasty in which the Patient is discharged to Home
Figure 14 2: Breakdown in Percentage Costs of a Total Hip Arthroplasty in which the Patient is discharged to a Clinical Rehabilitation Unit