Hip Reconstruction Devices Market Set for 4.0% CAGR Growth, Estimated to Reach $6.7 Billion by 2034: Transparency Market Research, Inc.
Growing Prevalence of Hip Osteoarthritis to Create Greater Strides for Hip Reconstruction Devices Market
Wilmington, Delaware, United States, Transparency Market Research Inc. -, Aug. 15, 2024 (GLOBE NEWSWIRE) — As per the report published by Transparency Market Research, the global hip reconstruction devices market (고관절 재건 장치 시장) was worth US$ 4.1 Bn in 2023 and is expected to reach
Hip Reconstruction Devices Market Report Scope:
| Report Coverage | Details |
| Forecast Period | 2024-2034 |
| Base Year | 2020-2022 |
| Size in 2023 | US$ 4.1 Bn |
| Forecast (Value) in 2034 | US$ 6.7 Bn |
| Growth Rate (CAGR) | 4.0 % |
| No. of Pages | 170 Pages |
| Segments covered | Product, Indication, End-user |
Key Players
Stryker Corporation, Smith & Nephew plc, DePuy Synthes, B. Braun, Zimmer Biomet Holdings, Inc., Corin Group, Waldemar Link GmbH & Co. KG, Exactech, Inc., MicroPort and United Orthopedic Corp. are some of the leading key players operating in the global industry.
What are the Key Developments of Hip Reconstruction Devices Market?
In January 2022, Hip Innovation Technology, LLC (HIT), a medical device company developing innovative orthopedic device solutions to advance the quality of life and quality of care for patients, received FDA (Food and Drug Administration) Investigational Device Exemption (IDE) approval to initiate a pivotal clinical study to further evaluate the company’s Reverse Hip Replacement System (Reverse HRS) for use in primary total hip arthroplasty (THA).
Hip Reconstruction Devices Market Segmentation
Product
- Primary Cemented Hip Replacement Devices
- Primary Cementless Hip Replacement Devices
- Partial Hip Replacement Devices
- Revision Hip Replacement Devices
- Hip Resurfacing Devices
Indication
- Osteoarthritis
- Rheumatoid Arthritis
- Trauma
- Others
End-user
- Hospitals
- Orthopedic Clinic
- ASCs
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