Global Hip Replacement Market Report, History and Forecast 2015-2026, Breakdown Data by Companies, Key Regions, Types and Application

Hip replacement is a surgical procedure in which the hip joint is replaced by a prosthetic implant, that is, a hip prosthesis. Hip replacement surgery can be performed as a total replacement or a hemi replacement.
The demand of hip replacement implant will steadfast growth in the coming years. The surging demand for hip replacement surgeries coupled with rising clinical awareness among patients is fuelling the hip replacement implant market. Increasing adoption of fitness regimes subject to serious injuries is stoking demand for hip replacement implants. As reported, 600,000 hip replacement procedures are carried out each year globally among individuals of 40 to 50 years of age.

Market Analysis and Insights: Global Hip Replacement Market
The research report studies the Hip Replacement market using different methodologies and analyzes to provide accurate and in-depth information about the market. For a clearer understanding, it is divided into several parts to cover different aspects of the market. Each area is then elaborated to help the reader comprehend the growth potential of each region and its contribution to the global market. The researchers have used primary and secondary methodologies to collate the information in the report. They have also used the same data to generate the current market scenario. This report is aimed at guiding people towards an apprehensive, better, and clearer knowledge of the market.
The global Hip Replacement market size is projected to reach US$ 2688.1 million by 2026, from US$ 2318.6 million in 2020, at a CAGR of 2.5% during 2021-2026.

Global Hip Replacement Scope and Segment
The global Hip Replacement market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Hip Replacement market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type, and by Application for the period 2015-2026.

Segment by Type, the Hip Replacement market is segmented into
Total Hip Replacement Implant
Partial Hip Replacement Implant
Hip Resurfacing Implant
Revision Hip Replacement Implant

Segment by Application, the Hip Replacement market is segmented into
Hospitals
Orthopedics Clinics
Ambulatory Surgical Centers

Global Hip Replacement market: regional analysis, the major regions covered in the report are:
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Latin America
Mexico
Brazil
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of Middle East & Africa

The report lists the major players in the regions and their respective market share on the basis of global revenue. It also explains their strategic moves in the past few years, investments in product innovation, and changes in leadership to stay ahead in the competition. This will give the reader an edge over others as a well-informed decision can be made looking at the holistic picture of the market.

The major vendors covered:
Zimmer Biomet
Johnson & Johnson
Stryker
Smith & Nephew
MicroPort Scientific
Exactech
OMNIlife science
B. Braun