Stratview Research delivers key insights on the global Hip Replacement Implant Market. According to Stratview Research, the market is segmented By Product (Total Hip, Partial Femoral Head, Hip Resurfacing, Revision Hip), By End-Use (Orthopedic Clinics, Hospitals & Surgery Centers, Others), and Region  [Brazil, Argentina, and Others]).

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Market Insights

The report suggests that the overall Hip Replacement Implant Market is estimated to grow from USD 5.9 billion in 2020 to USD 7.9 billion by 2026 at a healthy CAGR of 5.2% during the forecast period.

Market Segments' Analysis

End-Use Trends

The market has been classified into orthopedic clinics, hospitals & surgery centers, and others. The hospitals & surgery centers segment accounted for the largest market in 2020. 

Regional Analysis

The North American market accounted the highest share in 2020 and is expected to grow at a robust CAGR during the review period. The market growth is mainly attributed to favourable healthcare infrastructure as well as the presence of key industry participants.

Key Players

The following are some of the key players in the hip replacement implant market:

• B.Braun Melsungen AG (Germany)

• Corin (US)

• Waldemer Link GmbH & Co. KG (Germany)

• Wright Medical Group N.V. (US)

• Arthrex, Inc. (US)

• Conformis (US)

FREQUENTLY ASKED QUESTIONS

The report answers several questions related to the market. The user can get to know the answers to the following questions…

-          What is the global demand for hip replacement implant market in terms of revenue?

-          Which are the prominent players in the market?

-          At what CAGR is the market projected to grow within the forecast period?

-          What are the driving factors fuelling the growth of the market?

-          Which region accounted for the largest share in the market?

-          How did the Covid19 impacted the market?

-          How long will it take to recover from the Covid impact?

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