The Report “Asia Pacific Hip Reconstruction Devices Market, By Product (Primary Hip Replacement, Partial Hip Replacement, Revision Hip Replacement, and Hip Resurfacing) and By Region – Forecast to 2021” is projected to reach USD 144.9 million by 2021, at a CAGR of 1.4% from 2016 to 2021.
Browse through the TOC of the Asia Pacific Hip Reconstruction Devices Market for an analysis of industry trends and segments, with the help of various tables and figures.
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Asia-Pacific hip reconstruction devices market growth is attributed to the rise in the number of patients suffering from arthritis, technological advancement. Despite this, pricing pressure, waiting list and risk of complication after implantation, are major hindering factors. Technological advancements in hip reconstruction market, such as newly developed prostheses with improved strength and reliability of joints are reducing the need and cost of revision surgery. Minimally invasive techniques for hip reconstruction surgery will improve the precision and accuracy of surgeons, thus reducing the time of surgery. The emergence of these techniques and other improved surgical tools for the treatment of arthritis is expected to address the rising demand for surgery during the forecast period.
This market is segmented and forecasted on the basis of product, and region. The product comprises of primary hip reconstruction devices, partial hip reconstruction devices, revision hip reconstruction devices and hip resurfacing devices. The primary hip reconstruction devices are sub segmented into cementless and cemented reconstruction device.
The Asian market is growing due to growing health awareness among masses, along with increase in the spending capacity of the Indian population. Also, increasing number of population suffering from musculoskeletal disorders (MSD), and government initiatives and growing awareness towards hip reconstruction are propelling the market towards growth.
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