Harrisburg, NC -- (SBWIRE) -- 10/27/2020 -- The US Hip Reconstruction Market: Size, Trends and Forecasts to 2023
The report provides a valuable source of insightful data for business strategists and competitive analysis of Hip Reconstruction Market. It provides the Hip Reconstruction industry overview with growth analysis and futuristic cost, revenue and many other aspects. The research analysts provide an elaborate description of the value chain and its distributor analysis. This Hip Reconstruction study provides comprehensive data which enhances the understanding, scope and application of this report.
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The report presents the market competitive landscape and a corresponding detailed analysis of the major vendor/key players in the market. Top Companies in the The US Hip Reconstruction Market: Zimmer Biomet Holdings, Inc., Johnson & Johnson, Stryker Corporation, Smith & Nephew Plc and others.
Executive Summary:
Orthopedic surgeries are mainly performed to preserve or restore the musculoskeletal disorders. Some of the commonly performed orthopedic surgeries include: foot and ankle surgery, hand surgery, hip reconstruction, knee replacement, pediatric orthopedics, spine disorders, sports medicine and trauma surgery.
Hip reconstruction is one of the most commonly performed orthopedic surgery. Hip reconstruction, also referred to as hip replacement or hip arthroplasty, is a surgical procedure, which involves the total or the partial replacement of the hip. In the hip reconstruction surgery, the damaged bone of the hip joint is removed or replaced with a prosthesis which may be composed of various materials including ceramic, plastic, metals, etc.
There are several conditions that lead people to undergo hip reconstruction surgery, like, fractured neck of the femur, especially in older people, osteoarthritis, rheumatoid arthritis, osteoporosis, metastatic tumors of the hip joint, severe fractures and dislocations, etc. The hip reconstruction surgery gives relief from the pain and discomfort, yet, involves various complications like, infection, change in leg length, loosening, hip stiffness, etc.
The hip reconstruction market can be segmented on the basis of type. There are four major types of hip reconstruction procedures: Primary Total Hip Reconstruction, Partial Hip Reconstruction, Hip Resurfacing and Revision Hip Reconstruction. Primary Total Hip Reconstruction is further segmented into three types: Cemented Hip Reconstruction, Cementless Hip Reconstruction and Hybrid Hip Reconstruction.
The US hip reconstruction market has increased at a significant CAGR over the years and projections are made that the market would rise in the next four years i.e. 2019-2023 tremendously. The hip reconstruction market is expected to increase due to aging population, growing prevalence of arthritis, increasing obesity, growth in chronic diseases, escalating healthcare expenditure, etc. Yet the market faces some challenges such as high cost involved, regulatory risk, etc.
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Influence of the Hip Reconstruction market report:
-Comprehensive assessment of all opportunities and risk in the Hip Reconstruction market.
-Hip Reconstruction market recent innovations and major events.
-Detailed study of business strategies for growth of the Hip Reconstruction market-leading players.
-Conclusive study about the growth plot of Hip Reconstruction market for forthcoming years.
-In-depth understanding of Hip Reconstruction market-particular drivers, constraints and major micro markets.
-Favourable impression inside vital market latest trends striking the Hip Reconstruction market.
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What are the market factors that are explained in the report?
-Key Strategic Developments: The study also includes the key s trategic developments of the market, comprising R&D, new product launch, M&A, agreements, collaborations, partnerships, joint ventures, and regional growth of the leading competitors operating in the market on a The US and regional scale.
-Key Market Features: The report evaluated key market features, including revenue, price, capacity, capacity utilization rate, gross, production, production rate, consumption, import/export, supply/demand, cost, market share, CAGR, and gross margin. In addition, the study offers a comprehensive study of the key market dynamics and their latest trends, along with pertinent market segments and sub-segments.
-Analytical Tools: The The US Hip Reconstruction Market report includes the accurately studied and assessed data of the key industry players and their scope in the market by means of a number of analytical tools. The analytical tools such as Porter's five forces analysis, SWOT analysis, feasibility study, and investment return analysis have been used to analyze the growth of the key players operating in the market.
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