Published on : Dec 21, 2018
Albany, New York, December 21, 2018: On account of swelling demand for hip replacement procedures, surge in the cases of accidental injuries, escalating government expenditure for sophistication of health care and rampant hip-related disorders have propelled the hip replacement implants market. Furthermore, soar in acquisitions and number of contractual agreements are prominent facets that are set to spur the hip replacement implants market. These assimilations are in line with the report titled, “Hip Replacement Implants Market—Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018-2026,” which has been recently incorporated in the repository of Market Research Hub (MRH). According to the study, the hip replacement implants market is estimated to register compound annual growth rate of over 3.5% in terms of revenue during the assessment period.
Prevalence of osteoarthritis cases and burgeoning geriatric demographic has further fueled the hip replacement implants market. Besides, increase in the demand for hip replacement could be attributed to ever-increasing arthritis and obesity population and upsurge in clinical education among patients.
Innovation in technology, rise in research and development expenditure and surge in geriatric population in regions such as North America and Europe have underpinned the hip replacement market. Meanwhile, burgeoning patient population and robust health care industry have fueled the market in Asia Pacific. Nevertheless, favorable government initiatives and swelling investment in health care sector are propelling the market in Middle East & Africa and Latin America. However, rising cost of high implants products and surgery and escalating number of hip implants product recalls have restrained the market. Moreover, stringent FDA regulations on metal hip implants products have further hit the market.
Hip Replacement Implants Market: Report Content
The report provides an exhasutive analysis on the hip replacement implants delineating qualitative assessment of drivers, restraints, opportunities and trends of the market. The report assess the market by segregating the market. The report segregates the hip replacement implants market into product, material, end-user and region. The report embodies Porters’ Five Force Analysis and value chain analysis to provide readers with an exhaustive report.
The report also incorporates competitive landscape of the market which includes company profiles and competitive matrix. This section peruses the product portfolio, financial overview, business strategies and recent developments. Some of the companies profiled in the report are MicroPort Scientific Corporation, Zimmer Biomet Holdings Inc., Exatech Inc., B. Braun Melsungen AG, OMNIlife Science Inc., DJO Global Inc. and Stryker Corporation.
Hip Replacement Implants Market: Research Methodology
The report provides a comprehensive research methodology incorporating secondary and primary research. The analysis in the report is on the back of secondary research, primary interviews and reviews by expert panel.
The secondary research include trade journals, financial reports, SEC filings, broker reports, company websites, Factiva, statistical database and industry white paper. Besides, it also incorporates national government documents, press releases, news articles and internal & external proprietary databases. The primary research incorporate surveys, e-mail interaction, interviews analysis of seasoned analyst and phonic interviews. To provide the readers with an honest report, expert panel assesses the data collated from different sources.
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