The overall opportunity in the global market for hip reconstruction devices was worth US$5.68 bn in 2016. Going forward, the technological advancements in these devices are anticipated to continue propelling this market over the next few years, bringing in exceptional growth.
Albany, NY -- (SBWIRE) -- 10/05/2017 -- Global Hip Reconstruction Devices Market: Overview
Of late, the global market for hip reproduction device has been witnessing a significant rise in its valuation. The technological advancements, continued introduction of new and efficient implant techniques, increasing demand for minimally invasive procedures, and the marketing strategies taken up by device manufacturers, together, are boosting this market substantially. This research report provides a thorough assessment of the past and the current state of the worldwide hip reconstruction devices market and its key elements.
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The report, which has been formulated with the help of market data that has been collected by applying a number of primary and secondary market research approaches, also offers a decisive account of the key driving forces, restraints, and various significant past and present trends. It also presents an analysis of the accumulative impact of these factors on the overall development of this market over the period from 2017 to 2022.
Global Hip Reconstruction Devices Market: Scope of the Study
The research report estimates and forecasts the hip reconstruction devices market on the global and regional levels. It provides the forecast between 2017 and 2022 with 2016 as the base year. It consists of a comprehensive value chain analysis for each of the market segments and provides an exhaustive view of this market. Value chain analysis also offers detailed information about value addition at each stage.
The study further provides a deep insight into the key market indicators that affect the growth of the market. It analyzes the opportunities in the worldwide market for hip reconstruction devices on the global as well as the regional level. The growth drivers, restraining factors, and opportunities mentioned in the report are justified using qualitative and quantitative data, which have been verified through primary and secondary resources. Furthermore, it also presents a substitute analyses of hip reconstruction devices and the global average price trends.
Global Hip Reconstruction Devices Market: Segmentation
In this research study, a detailed assessment of the global market for hip reconstruction devices has been performed on the basis of various market parameters, including the product, indication, end user, and the regional spread of this market. Based on the product, the market has been classified into Revision hip replacement device, primary cemented hip replacement device, partial hip replacement device, primary cementless hip replacement device, and hip resurfacing device. Based on the indication, the market has been segmented into rheumatoid arthritis, osteoarthritis, and trauma. Based on the end user, the market has been bifurcated into Hospitals, ambulatory surgical centers (ASCs), and orthopedic clinics. These segments have been assessed by taking the historical, present, and the future trends in consideration.
In terms of the region, the global hip reconstruction devices market has been categorized into Asia Pacific excluding Japan (APEJ), the Middle East and Africa (MEA), North America, Europe, and Japan in this report, which talks about the historical as well as current consumption of hip reconstruction devices in these regions at length. The market segmentation includes the demand for these devices in all the regions individually.
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Companies Mentioned in the Report
The report covers an in-depth competitive outlook that comprises market share and profiles of the leading players functional in the worldwide hip reconstruction devices market. United Orthopedic Corp., MicroPort Scientific Corp., Exactech Inc., Waldemar LINK GmbH & Co. KG, Corin, Zimmer Inc., Braun Melsungen AG, DePuy Synthes, Smith & Nephew, and Stryker Corp. are the key vendors of hip reconstruction devices, mentioned in this research study.
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