Report Detail
Hip Replacement Implants Market
This new report from Meddevicetracker includes an analysis of products, current/forecast markets, competitors, and opportunities in the global market for hip replacement implants. In 2023, global sales of hip replacement implants totaled nearly $6.6bn. Growth in this market is influenced by an aging global population, osteoarthritis, a desire by baby boomers to remain active, and advances in product technologies and surgical techniques. Factors that are constraining growth in the market include pricing pressures, supply chain challenges, hospital staffing shortages, and the impact from inflation, which is affecting raw materials and labor and shipping costs. Regional markets covered by this analysis include the US, Japan, the five major European markets (France, Germany, Italy, Spain, and the UK), and the rest of world market, which includes all other countries. The forecast range for this report is 2023–28.
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