European Hip Reconstruction Devices Market Worth USD 2185.2 Million by 2021

The Report “Europe Hip Reconstruction Devices Market, By Product (Primary Hip Replacement, Partial Hip Replacement, Revision Hip Replacement, Hip Resurfacing), and by region (Germany, France, U.K., Italy, Spain and Rest of the Europe (RoE)) – Forecast to 2021” is estimated to grow to around USD 2185.2 million by 2021, at a developing CAGR of 2.2% from 2016 to 2021.

Browse through the TOC of the European Hip Reconstruction Devices Market for an analysis of industry trends and segments, with the help of various tables and figures.

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Europe hip reconstruction devices market growth is attributed to the rise in the number of patients suffering from arthritis, technological advancement and favorable reimbursement. 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 market is further segmented and forecasted on the basis of major regions such as Germany, France, U.K., Italy, Spain and Rest of the Europe (RoE).

The European market is growing due to the technological advancements and is dominated majorly by Zimmer Inc. (U.S.) and Depuy Synthes (U.S.). 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.

This report also includes the market share, approach for arriving at the market size, new technology developments, product matrix, life cycle analysis, Porter’s five forces analysis and price analysis by product. In this report, market metrics are also included such as drivers, restraints and upcoming opportunities in the market. In addition, it presents a competitive landscape and company profiles of key players in the market including major companies which provide hip reconstruction devices as a product.

The research study is aimed at identifying emerging trends and opportunities in the Europe hip reconstruction devices market along with detailed classifications, in terms of revenue. It provides comprehensive competitive landscape and identifies the key players with respect to market size and market share. The research study also includes a detailed segmentation of the global hip reconstruction devices market, on the basis of product, and region.

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