Hip Replacement Market Gain Impetus due to the Growing Demand over 2030Posted by mayur pande on February 16th, 2024 The global hip replacement market is poised for a steady climb, driven by a multitude of factors. The Hip Replacement Market Size was valued at USD 7.22 Bn in 2022 and is expected to reach USD 10.50 Bn by 2030 and grow at a CAGR of 5.1% over the forecast period of 2023-2030. Key Drivers Fueling Market Growth:
Market Segmentation and Key Insights:
Competitive Landscape and Future Outlook: The hip replacement market is characterized by a diverse landscape with established medical device giants and innovative startups vying for market share. Key players include Zimmer Biomet, DePuy Synthes Companies, Smith Nephew, Stryker, Exactech, Conformis, MicroPort Scientific Corporation, B. Braun Melsungen AG, Gruppo Bioimpianti and others. Continuous research and development efforts aimed at improving the performance and durability of implants, coupled with strategic partnerships and mergers acquisitions, are expected to shape the market's future trajectory. The report provides a comprehensive analysis of the hip replacement market, offering valuable insights to stakeholders across the entire value chain. It equips market participants with the knowledge and tools necessary to capitalize on the lucrative growth opportunities this market presents. Other Reports You May Like: Pharmacovigilance Market Share About US: SNS Insider has been a leader in data and analytics globally with its authentic consumer and market insights. The trust of our clients and business partners has always been at the center of who we are as a company. We are a business that leads the industry in innovation, and to support the success of our clients, our highly skilled engineers, consultants, and data scientists have consistently pushed the limits of the industry with innovative methodology and measuring technologies. We assist our clients to anticipate industrial, economic, and consumer trends to drive disruptive change by fusing global experience with local information from experts throughout the world. We bring context to strategic and tactical data by bridging approaches based on data science and field research, assisting you in addressing your most pressing problems and spotting possibilities. Contact Us: Akash Anand – Head of Business Development Strategy, info@snsinsider.com, Phone: +1-415-230-0044 (US) | +91-7798602273 (IND), Website: https://www.snsinsider.com Like it? Share it!More by this author |