This global hip reconstruction devices market is analysed and
segmented on the basis of product, and region. It analyzes the competitive
developments, such as alliance, joint venture, and mergers & acquisitions
in the global market. This market is also analyzed with an explicit focus
on the high-growth applications and fastest-growing market segments.
A hip replacement is an invasive
surgical procedure, used to remove a diseased or fractured hip joint and
replace it with an artificial joint or prosthesis. Osteoarthritis is one of the
most common factors for hip diseases. Structures within the hip (such as the
cartilage or bony joint surfaces) may get damaged due to overuse, trauma, or
certain conditions, such as rheumatoid arthritis, tumors, and so on. This may
lead to degenerative changes within the hip which can lead to
osteoarthritis.
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Some of the significant factors of the MIS are reduced hospital
stay, as well as shortened rehabilitation time. Also, the increasing number of
patients suffering from osteoarthritis, rheumatoid arthritis, and osteoporosis
have led to increase in the adoption rate of hip surgeries in both geriatric as
well as young population. Out of 66 million population of France, about 3% of
the population is aged above 65 years, and has undergone hip
replacement/reconstruction.
The global hip reconstruction
devices market was valued at USD 4.8 Billion in 2014 and is expected to reach
USD 5.9 Billion by 2020, at a CAGR of 3.0% from 2015-2020.
The hip reconstruction devices market is broadly segmented on the
basis of product and geography. Based on product, the global market is
classified into primary, partial, revision and hip resurfacing devices. The
primary is subsegmented into cementless and cemented reconstruction device. The
primary devices commands the largest share in the market, by product.
The report provides a detailed
analysis of hip reconstruction devices market for each region and country. Four
major regions have been covered in the report, such as North America (the U.S.,
Canada, Mexico, Brazil, Argentina, Chile, Columbia, Uruguay and Paraguay);
Europe (Germany, France, Italy, Spain, Switzerland, the U.K., Netherlands,
Belgium, Denmark, Turkey, and Russia); and Asia-Pacific (Japan, China, India,
Australia, Republic of Korea, Singapore, Malaysia, New Zealand, Vietnam,
Indonesia, Taiwan, and Thailand). A deep-dive analysis on pricing pattern, usage
pattern, end user response matrix, market share, government initiatives,
product recalls, new product launches, industry trends, and technological
advancements have been detailed in the report.
The report also covers the
competitive landscape of global hip reconstruction devices market by new
product launches, recent developments, and mergers & acquisitions. The
major players operating in this market are Zimmer Inc. (U.S.), DePuy Synthes
(U.S.), Stryker (U.K.), and Smith & Nephew (U.K.), B. Braun Melsungen AG
(Germany), Corin (U.K.), and Waldemar LINK GmbH & Co. KG (Germany).
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