According to a market report by Lucintel, the future of the global Hip Reconstruction Device market looks promising with opportunities in the orthopedic clinic and hospitals & surgery center markets. The global hip reconstruction device market is expected to reach an estimated $10.0 billion by 2030 with a CAGR of 3.8% from 2024 to 2030. The major drivers for this market are growing prevalence of osteoarthritis and rheumatoid arthritis, rising demand for customized hip implantation, and increasing demand for molecular diagnostics.

A more than 150 – page report is developed to understand Trends, opportunity and forecast in hip reconstruction device market to 2030 by product (total hip, partial femoral head, hip resurfacing, and revision hip), material (metal-on-metal, metal-on-polyethylene, ceramic-on-polyethylene, ceramic-on-metal, and ceramic-on-ceramic), end use (orthopedic clinics, hospitals & surgery centers, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)In this market, total hip, partial femoral head, hip resurfacing, and revision hip are the major segments of hip reconstruction device market by product. Lucintel forecasts that total hip replacement is expected to witness highest growth over the forecast period due to its rising preference among patients to relieve pain, improves mobility, and enhances overall quality of life.

Within this market, hospitals & surgery center is expected to witness higher growth over the forecast perioddue to growing number of hip replacement operations and increasing availability of highly trained medical professionals for challenging surgeries like hip reconstruction.

North America is expected to witness highest growth over the forecast period due to growing incidence of osteoarthritis and hip replacement surgeries, availability of robust healthcare infrastructure, and rising number of geriatric population in this region.

Zimmer Biomet, Johnson & Johnson, Stryker, Smith & Nephew, MicroPort Scientific, Exactech, OMNIlife Science, B. Braun Melsungen, DJO Global, and Aesculap Implant Systems are the major suppliers in the hip reconstruction device market.

This unique 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 write us at [email protected]