
Consumer Insights
Uncover trends and behaviors shaping consumer choices today
Procurement Insights
Optimize your sourcing strategy with key market data
Industry Stats
Stay ahead with the latest trends and market analysis.
Base Year
Historical Year
Forecast Year
The global hip replacement implant market value was USD 7.64 billion in 2024, driven by the increasing prevalence of hip-related disorders across the globe. The market size is anticipated to grow at a CAGR of 5.2% during the forecast period of 2025-2034 to achieve a value of USD 12.05 billion by 2034.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on product, the total hip replacement segment accounts for a significant share in the market owing to the rising cases of osteoarthritis, coupled with the increasing inclination of patients towards minimally invasive surgeries. Total hip replacement can provide significant relief from arthritic hip pain to the patients. In addition to this, total hip replacement can boost mobility and can lead to dramatic improvement in quality of life, which is a major advantage. Being one of the most cost-effective interventions in medicine, the demand for total hip arthroplasty is expected to significantly increase in the forecast period.
The market for hip replacement implants in North America is driven by the rising healthcare expenditure in countries such as the United States and Canada. The region has witnessed a significant increase in cases of road or sport-related injuries, which has propelled the demand for hip replacement implants. Furthermore, the favourable reimbursement policies introduced by the government is likely to be an aiding factor for the market in the forecast period.
Hip replacement implants are the medical devices aimed towards mobilising patients and reducing the pain associated with any injury. The design and application of hip replacement implants can vary from one patient to another patient, depending upon their needs.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
Based on product, the market can be segmented into:
By component, the market is divided into:
The major applications of hip replacement implants include:
The different end uses of the product include:
The regional markets for the product include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
Read more about this report - REQUEST FREE SAMPLE COPY IN PDF
The rising application of hip replacement implants in orthopaedic clinics owing to the increasing cases of osteoarthritis, rheumatoid arthritis, osteonecrosis, fractures, and bone tumours, among others is driving the global market for hip replacement implants. In addition to this, the growing awareness regarding advanced treatment options among the patients suffering from osteoarthritis or inflammatory arthritis is likely to provide a further impetus to the market. Moreover, the development of non-invasive surgical procedures, which can effectively replace conventional procedures and associated problems, is likely to augment the market in the forecast period.
The report gives a detailed analysis of the following key players in the global hip replacement implants market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2024 |
Forecast Period | 2025-2034 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
Breakup by Product |
|
Breakup by Component |
|
Breakup by Application |
|
Breakup by End User |
|
Breakup by Region |
|
Market Dynamics |
|
Supplier Landscape |
|
Companies Covered |
|
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.*
Get in touch with us for a customized solution tailored to your unique requirements and save upto 35%!
The hip replacement implants market was valued at USD 7.64 billion in 2024.
The market is expected to grow at a CAGR of 5.2% during the forecast period of 2025-2034 to reach a value of USD 12.05 billion by 2034.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The major drivers of the market include the rising cases of osteoarthritis, growing geriatric population, growing medical sector, and favourable reimbursement policies introduced by the government.
The growing demand for minimally invasive surgical procedures is expected to be a key trend guiding the growth of the industry.
Total hip replacement, partial femoral head, hip resurfacing, and revision hip are the major products included in the market report.
Ace tabular cup systems, hip stem systems, and revision accessories and components are the significant segments based on component.
Metal-on-metal, metal-on-polyethylene, ceramic-on-polyethylene, ceramic-on-metal, and ceramic-on-ceramic are the different applications of hip replacement implants.
Orthopaedic clinics, hospitals and surgery centres, and others are the significant end uses of the product.
The major players in the industry are Zimmer Biomet Holdings, Inc., Stryker Corporation, Smith & Nephew plc, MicroPort Scientific Corporation, Exactech, Inc., B. Braun Melsungen AG, and DJO, LLC, among others.
Datasheet
One User
USD 3,299
USD 2,969
tax inclusive*
Single User License
One User
USD 5,499
USD 4,949
tax inclusive*
Five User License
Five User
USD 6,999
USD 5,949
tax inclusive*
Corporate License
Unlimited Users
USD 8,199
USD 6,969
tax inclusive*
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Small Business Bundle
Growth Bundle
Enterprise Bundle
*Please note that the prices mentioned below are starting prices for each bundle type. Kindly contact our team for further details.*
Flash Bundle
Number of Reports: 3
20%
tax inclusive*
Small Business Bundle
Number of Reports: 5
25%
tax inclusive*
Growth Bundle
Number of Reports: 8
30%
tax inclusive*
Enterprise Bundle
Number of Reports: 10
35%
tax inclusive*
How To Order
Our step-by-step guide will help you select, purchase, and access your reports swiftly, ensuring you get the information that drives your decisions, right when you need it.
Select License Type
Choose the right license for your needs and access rights.
Click on ‘Buy Now’
Add the report to your cart with one click and proceed to register.
Select Mode of Payment
Choose a payment option for a secure checkout. You will be redirected accordingly.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Leverage cost reports for smart savings
Enhance supply chain with partnerships.
Gain insights to stay ahead and seize opportunities.
Get insights & trends for a competitive edge.
Track prices with detailed trend reports.
Analyse trade data for supply chain insights.
Connect For More Information
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
Our expert team of analysts will offer full support and resolve any queries regarding the report, before and after the purchase.
We employ meticulous research methods, blending advanced analytics and expert insights to deliver accurate, actionable industry intelligence, staying ahead of competitors.
Our skilled analysts offer unparalleled competitive advantage with detailed insights on current and emerging markets, ensuring your strategic edge.
We offer an in-depth yet simplified presentation of industry insights and analysis to meet your specific requirements effectively.
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City,1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
United States
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124
Share