Strategic Technology Trends in the Hip Replacement Market


Posted May 7, 2020 by Lucintel

The technologies in hip replacement have undergone significant change in recent years, with ceramic-on-ceramic to metal-on-metal implant.

 
The technologies in hip replacement have undergone significant change in recent years, with ceramic-on-ceramic to metal-on-metal implant. The rising wave of new material technologies such as metal-on-metal, metal-on-polyethylene, and ceramic-on-polyethylene are creating significant potential for advanced hip replacement in various medical platforms due to better patient outcomes and reduced post-surgical complications.
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In hip replacement market, various material technologies such as metal-on-metal, metal-on-polyethylene, ceramic-on-metal, ceramic-on-polyethylene, and ceramic-on-ceramic material technologies are used in the femoral reconstruction and acetabular reconstruction applications. The rising pool of hip fractures, increasing geriatric population, and high prevalence of lower extremity conditions such as osteoarthritis (OA), osteoporosis, and hip ailments are creating opportunities for various hip replacement technologies.
Lucintel, a leading global management consulting and market research firm with over 1,000 clients worldwide, has analyzed the technologies used in hip replacement market and it has now published a comprehensive research report titled “Technology Landscape, Trends and Opportunities in the Global Hip Replacement Market”. This report analyzes technology maturity, degree of disruption, competitive intensity, market potential and other parameters of various technologies in hip replacement market.
Lucintel study finds that hip replacement technology is forecast to grow at a CAGR of 4% from 2019 to 2024. Metal-on-polyethylene is the largest segment of this market. B. Braun Melsungen, Corin, Depuy Synthes, DJO Global, Exactech, MicroPort Scientific Corporation, Smith & Nephew, Stryker Corporation, and Zimmer Holdings are among the major players in the hip replacement market.
The Lucintel report serves as a catalyst for growth as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global hip replacement technology by material technology, application, and region as follows:
Technology Readiness by Material Technology
Competitive Intensity and Regulatory Compliance
Disruption Potential by Material Technology
Trends and Forecasts by Material Technology [$M shipment analysis from 2013 to 2024]:
• Metal-on-Metal Based Implant
• Metal-on-Polyethylene Based Implant
• Ceramic-on-Metal Based Implant
• Ceramic-on-Polyethylene Based Implant
• Ceramic-on-Ceramic Based Implant
Technology Trends and Forecasts by Application [$M shipment analysis from 2013 to 2024]:
• Femoral Reconstruction
o Metal-on-Metal Based Implant
o Metal-on-Polyethylene Based Implant
o Ceramic-on-Metal Based Implant
o Ceramic-on-Polyethylene Based Implant
o Ceramic-on-Ceramic Based Implant
• Acetabular Reconstruction
o Metal-on-Metal Based Implant
o Metal-on-Polyethylene Based Implant
o Ceramic-on-Metal Based Implant
o Ceramic-on-Polyethylene Based Implant
o Ceramic-on-Ceramic Based Implant
Technology Trends and Forecasts by Region [$M shipment analysis for 2013 – 2024]:
• North America
– United States
– Canada
– Mexico
• Europe
– United Kingdom
– Germany
– France
• Asia Pacific
– Japan
– China
– South Korea
– India
• The Rest of the World
Latest Developments and Innovations in the Hip Replacement Technologies
Companies / Ecosystems
Strategic Opportunities by Material Technology
A more than 150-pages of research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/technology-hip-replacement-market.aspx or [email protected]. Lucintel offerings include Medical Market Analysis, Medical Market Research, Opportunity Screening and Analysis, Capital Investment Feasibility and SWOT Analysis.



About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
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Last Updated May 7, 2020