Hip Prosthesis Market Research Report covers the present scenario and the growth prospects of the Hip Prosthesis Industry for 2016-2020. Hip Prosthesis Market, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years and discussion of the key vendors effective in this market. To calculate the market size, the report considers the revenue generated from the sales of Hip Prosthesis globally.
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The Hip Prosthesis Market report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
Following Companies Are Key Players of the Hip Prosthesis Market:
- Johnson & Johnson
- Smith & Nephew
- Zimmer Biomet
Other Prominent Vendors of Hip Prosthesis Market Are:
- Aesculap Implant Systems
- B. Braun Medical
“Rise in popularity of physician-owned ASCs is a key trend for the market. Many surgeons started practicing MI surgeries in an outpatient setting, especially for bone and spine disorders. Some of the MI hip fracture operations such as total hip replacement and partial hip replacement procedures could be performed in ASCs. Surgeons are already performing lumbar fusions, transforaminal lumbar interbody fusions, and anterior cervical discectomy procedures regularly in few ASCs. This trend will continue, and very soon many complicated open surgeries will undergo a rapid transition into MI surgeries.”
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According to the Hip Prosthesis Market report, increased number of road accidents is a key driver for the market. Globally, around 20-50 million people are estimated to be injured or disabled each year because of road accidents. Road injuries, including fractures, take an enormous toll on an individual’s health. In case of severe fractures, patients may take several weeks or months to recover. Economically, people living in middle- and low-income countries are affected the most by such injuries. In case of orthopedic trauma, the healthcare infrastructure in developing countries is required to provide long-term healthcare facilities for individuals with hip, spinal, knee, feet, or ankle injuries.
Report also presents Geographical Segmentation analysis of Hip Prosthesis Market of Americas, APAC, EMEA region.
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Further, the Hip Prosthesis Market report states that high cost of THA procedure is a challenge to market growth. Hip replacement surgeries are expensive. In the US, each surgery costs more than $40,500. The initial cost of a surgery is based on the type of product used. Also, this surgery includes indirect and direct costs such as admission fee, physician fee, and post-hospital rehabilitation expenses. Readmission for treating spinal fusion surgery-associated complications such as pain at bone graft site, nerve injuries, and graft rejection can further increase the costs. Although these surgeries offer quick recovery and better patient outcomes, the majority of people do not opt for these surgeries due to their high cost.
Key questions answered in Hip Prosthesis market report:
- What will the Hip Prosthesis market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving Hip Prosthesis market?
- What are the challenges to Hip Prosthesis market growth?
- Who are the key vendors in Hip Prosthesis market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
No of Pages: 82
Price of Report: $ 2500 (Single User License)
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