Global Hip Replacement Implants Market Size & Outlook
Global hip replacement implants market, 2018-2030 (US$M)
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Global hip replacement implants market highlights
- The global hip replacement implants market generated a revenue of USD 4,692.7 million in 2022 and is expected to reach USD 5,511.5 million by 2030.
- The market is expected to grow at a CAGR (2023 - 2030) of 2% by 2030.
- In terms of segment, total hip accounted for a revenue of USD 1,765.3 million in 2022.
- Revision hip is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2022.
- Country-wise, Norway is expected to register the highest CAGR from 2023 to 2030.
Global data book summary
| Market revenue in 2022 | USD 4,692.7 million |
| Market revenue in 2030 | USD 5,511.5 million |
| Growth rate | 2% (CAGR from 2022 to 2030) |
| Largest segment | Total hip |
| Fastest growing segment | Revision hip |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Total hip, Partial femoral head, Hip resurfacing, Revision hip |
Other key industry trends
- In terms of revenue, the North America accounted for 46.6% of the global hip replacement implants market in 2022.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, Norway is the fastest growing regional market and is projected to reach USD 32.4 million by 2030.
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Hip Replacement Implants Market Scope
Hip Replacement Implants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Enovis | View profile | 5001-10000 | Wilmington, Delaware, United States, North America | https://enovis.com |
| OMNIlife science | View profile | 51-100 | East Taunton, Massachusetts, United States, North America | http://www.omnils.com |
| Aesculap | View profile | 251-500 | Kelayres, Pennsylvania, United States, North America | https://www.aesculapusa.com |
| TPG Inc Ordinary Shares - Class A | View profile | 1850 | 301 Commerce Street, Suite 3300, Fort Worth, TX, United States, 76102 | https://www.tpg.com |
| MicroPort Scientific Corp | View profile | 8230 | 1601 Zhangdong Road, Zhangjiang Hi-Tech Park, Shanghai, China, People's Republic of, 201203 | https://www.microport.com |
| B. Braun | View profile | 10001+ | Chapeltown, Sheffield, United Kingdom, Europe | https://www.bbraun.co.uk |
| Conmed Corp | View profile | 4000 | 11311 Concept Boulevard, Largo, FL, United States, 33773 | https://www.conmed.com |
| Smith & Nephew PLC | View profile | 18452 | Hatters Lane, Building 5, Croxley Park, Watford, Hertfordshire, United Kingdom, WD18 8YE | https://www.smith-nephew.com |
| Zimmer Biomet Holdings Inc | View profile | 18000 | 345 East Main Street, Warsaw, IN, United States, 46580 | https://www.zimmerbiomet.com |
| Stryker Corp | View profile | 52000 | 1941 Stryker Way, Portage, MI, United States, 49002 | https://www.stryker.com |
| Johnson & Johnson | View profile | 134400 | One Johnson and Johnson Plaza, New Brunswick, NJ, United States, 08933 | https://www.jnj.com |
Global hip replacement implants market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to hip replacement implants market will help companies and investors design strategic landscapes.
Total hip was the largest segment with a revenue share of 37.62% in 2022. Horizon Databook has segmented the Global hip replacement implants market based on total hip, partial femoral head, hip resurfacing, revision hip covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Hip Replacement Implants Product Outlook (Revenue, USD Million, 2018-2030)
- Total hip
- Partial femoral head
- Hip resurfacing
- Revision hip
- Global Hip Replacement Implants Material Outlook (Revenue, USD Million, 2018-2030)
- Metal-on-metal
- Metal-on-polyethylene
- Ceramic-on-polyethylene
- Ceramic-on-metal
- Ceramic-on-ceramic
- Global Hip Replacement Implants End Use Outlook (Revenue, USD Million, 2018-2030)
- Orthopedic clinics
- Hospitals & surgery centers
- Others
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Target buyers of Global hip replacement implants market databook
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Our clientele includes a mix of hip replacement implants market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global hip replacement implants market, including forecasts for subscribers. This global databook contains high-level insights into Global hip replacement implants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global hip replacement implants market size, by regions, 2018-2030 (US$M)
Top 10 countries: Hip replacement implants market size, 2022 (US$M)
Global hip replacement implants market share, by product, 2022 & 2030 (%, US$M)
Hip replacement implants market: Opportunity assessment by country
Global hip replacement implants market, by region, 2022 (US$M)
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