China Hip Replacement Implants Market Size & Outlook
The hip replacement implants market in China is expected to reach a projected revenue of US$ 308.7 million by 2030. A compound annual growth rate of 4.7% is expected of China hip replacement implants market from 2023 to 2030.
Revenue, 2022 (US$M)
$213.7
Forecast, 2030 (US$M)
$308.7
CAGR, 2023 - 2030
4.7%
Report Coverage
China
China hip replacement implants market, 2018-2030 (US$M)
Related Markets
China hip replacement implants market highlights
- The China hip replacement implants market generated a revenue of USD 213.7 million in 2022 and is expected to reach USD 308.7 million by 2030.
- The China market is expected to grow at a CAGR of 4.7% from 2023 to 2030.
- In terms of segment, total hip was the largest revenue generating product in 2022.
- Revision hip is the most lucrative product segment registering the fastest growth during the forecast period.
Hip replacement implants market data book summary
| Market revenue in 2022 | USD 213.7 million |
| Market revenue in 2030 | USD 308.7 million |
| Growth rate | 4.7% (CAGR from 2022 to 2030) |
| Largest segment | Total hip |
| Fastest growing segment | Revision hip |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Total hip, Partial femoral head, Hip resurfacing, Revision hip |
| Key market players worldwide | Zimmer Biomet Holdings Inc, Johnson & Johnson, Stryker Corp, Smith & Nephew PLC, MicroPort Scientific Corp, TPG Inc Ordinary Shares - Class A, B. Braun, Aesculap, Conmed Corp, OMNIlife science, Enovis |
Other key industry trends
- In terms of revenue, China accounted for 4.6% of the global hip replacement implants market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China hip replacement implants market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 214.8 million by 2030.
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Hip Replacement Implants Market Scope
Hip replacement implants market segmentation & scope
Metal-on-metal
Metal-on-polyethylene
Ceramic-on-polyethylene
Ceramic-on-metal
Ceramic-on-ceramic
Hip Replacement Implants Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
China 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 41.97% in 2022. Horizon Databook has segmented the China 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.
- China Hip Replacement Implants Product Outlook (Revenue, USD Million, 2018-2030)
- Total hip
- Partial femoral head
- Hip resurfacing
- Revision hip
- China 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
- China Hip Replacement Implants End Use Outlook (Revenue, USD Million, 2018-2030)
- Orthopedic clinics
- Hospitals & surgery centers
- Others
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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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Horizon Databook provides a detailed overview of country-level data and insights on the China hip replacement implants market, including forecasts for subscribers. This country databook contains high-level insights into China hip replacement implants market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
China hip replacement implants market size, by product, 2018-2030 (US$M)
China Hip Replacement Implants Market Share, 2022 & 2030 (US$M)
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