Rise in geriatric population coupled with osteoporosis and osteo arthritis, Increase in research and development on hip prosthesis and increasing demand for minimally invasive surgeries are expected to propel the demand for ceramic hip prosthesis market.
According to the current analysis of Reports and Data, the Global ceramic hip prosthesis market is expected to reach USD 3,840.1 Million by the year 2028, in terms of value at a CAGR of 6.40% from 2019-2026. A hip replacement is a kind of surgical procedure in which damaged hip joint is replaced with an artificial implant. It is used when the mobility is abridged and even in rest, pain is experienced. These are made up of metal, plastic or ceramic. The commercial applications of ceramic hip prosthesis have been studied and researched extensively in recent years. Ceramic hip prosthesis is widely used in the treatment of osteoporosis, rheumatoid arthritis, septic arthritis, hip fracture and ankylosing spondylitis. According to the National Joint Registry for England, 90% of total hip replacement were performed for osteoarthritis in the U.K. in 2016.
Increase in investments in the market, which are supporting the technological advancements, and rise in healthcare expenditure are estimated to shape the growth of the Ceramic hip prosthesis market. Growing number of younger individuals suffering from degenerative diseases are observed as the most lucrative application for the ceramic hip prosthesis market recently. Ceramic hip resurfacing products are one of the greatest advances of modern hip replacement.
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The report puts an emphasis on the information regarding the key players with a special focus on their company profile, business overview, recent advancements, product catalog, and strategic business plans. It provides a comprehensive overview of the strategic alliances in the market under taken by the key players such as mergers and acquisitions, joint ventures, collaborations, partnerships, agreements, product launches, brand promotions, and corporate deals, among others.
Key companies operating in the market and profiled in the report include:
Medtronic Plc (Ireland), Integra LifeSciences (US), B. Braun (Germany), Spiegelberg GmbH Co. KG (Germany), Sophysa (France), Natus Medical (US), Dispomedica GmbH (Germany), Delta Surgical Limited (UK), Moller Medical GmbH (Germany), and G. Surgiwear Ltd. (India).
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The Ceramic Hip Prosthesis market takes into account major geographical locations such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa to offer key insights into market growth, market size, market share, revenue growth, current and emerging trends, supply and demand ratio, import/export, consumer demand and behavior, and presence of key players in each region. The report offers an in-depth country wise analysis to impart better understanding of the market and its growth prospects.
Segments Covered in the report
By Product type (Revenue, USD Million, 2018 - 2028)
- Total Hip
- Partial Femoral Head
- Hip Resurfacing
- Revision Hip
By Material type (Revenue, USD Million, 2018 - 2028)
- Ceramic-on-Polyethylene
- Ceramic-on-Metal
- Ceramic-on-Ceramic
By Sales channel type (Revenue, USD Million, 2018 - 2028)
- Channel sales
- Direct Sales
By End-user type (Revenue, USD Million, 2018 - 2028)
- Orthopedic Clinics
- Hospitals
- Others
Key Regions Analyzed in the Report include:
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- Italy
- France
- BENELUX
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of APAC
- Latin America
- Brazil
- Rest of LATAM
- Middle East Africa
- Saudi Arabia
- U.A.E.
- South Africa
- Rest of MEA
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Furthermore, it consists information about individual segment of the Ceramic Hip Prosthesis market based on the types and application. The report also offers insights about the key segments expected to register significant revenue growth over the forecast period and primary trends influencing their growth. It also offers CAGR and market share values for each segment to provide clear understanding of demand and trend in the global market.
Key Benefits of the Report:
- Comprehensive overview of the changing dynamics of competitive landscape
- Detail oriented futuristic prospects of factors driving and restraining growth of the market
- Valuable insights on key market growth driving trends and monetary competence in the forecast period
- Strategic recommendations to key players and new entrants to overcome barriers and challenges in the market
- Revenue forecasts for the period of 2028
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