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Report Overview
2023
Base Year
2017-2023
Historical Year
2024-2032
Forecast Year
Global Femoral Head Prostheses Market Outlook
The global femoral head prostheses market is projected to grow at a CAGR of 3.5% during the forecast period of 2024-2032. The industry is supported by the advancement in prosthesis technology, along with the rising cases of hip replacement surgeries globally.
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The factors such as good wear mechanism and high wettability and scratch-resistance of ceramic femoral head prostheses over metal femoral head will play an important role in maintaining its position as a leading segment in the industry in the forecast period.
Market Segmentation
Femoral head fracture is associated with hip dislocations. In hip replacement surgeries, the hip joint or femoral head is replaced by a prosthetic implant, that is, a hip prosthesis or a spherical-head prosthesis.
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The global femoral head prostheses market is divided based on segments like materials and regions.
Based on materials, the industry is segmented as:
- Ceramic Femoral Head Prostheses
- Metal Femoral Head Prostheses
- Ceramicised Metal Femoral Head Prostheses
The EMR report looks into the regional femoral head prostheses markets like North America, Latin America, the Asia Pacific, Europe, and the Middle East and Africa.
Market Analysis
The global femoral head prostheses market is being driven by the factors such as the increased incidences of osteoarthritis (OA), rheumatoid arthritis, and trauma, the increase in the number of hip replacement surgeries, the rising investment in R&D concerning prostheses technology, and the progression in femoral head prostheses technology. The industry is receiving further impetus with the introduction of robotic hip replacement techniques, which are aiding clinicians in customising surgeries to closely meet the patient’s requirements, further providing improved surgical outcomes with reduced blood loss and less time requirements, which will aid the growth of the femoral head prostheses market. However, the elevated price of hip replacement surgery, the shortage of qualified orthopaedic surgeons, and the risks associated with femoral head prostheses may hinder the development of the femoral head prostheses market over the forecast period.
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Competitive Landscape
The report presents a detailed analysis of the following key players in the global femoral head prostheses industry, looking into their capacity, market shares, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
- Exactech Inc.
- Lima Corporate
- Medacta International SA
- Smith & Nephew Plc
- Zimmer Biomet Inc. (NYSE: ZBH)
- Others
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s Five Forces model.
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2017-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Material |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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| Report Price and Purchase Option | Explore our purchase options that are best suited to your resources and industry needs. |
| Delivery Format | Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option. |
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market is projected to grow at a CAGR of 3.5% between 2024 and 2032.
Increased cases of osteoarthritis (OA), rheumatoid arthritis (RA), and trauma, an increase in the number of hip replacement surgeries, rising investment in R&D, and improved surgical outcomes are the major industry drivers.
The advancements in femoral head prostheses technology and the introduction of robotic hip replacement techniques is expected to boost the market for femoral head prostheses.
The major regions in the industry are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Ceramic femoral head prostheses, metal femoral head prostheses, and ceramicised metal femoral head prostheses are the various materials used in the industry.
The major players in the industry are Exactech Inc., Marle Group, Medacta International SA, Smith & Nephew PLC, and Zimmer Biomet Holdings, Inc., among others.
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