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*Advertising Specialty Impact and Exposure Study – October 2008 final report.

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Promotional Products: Info You Will Need To Be Aware Of Using Them Properly, Promotional Products: Cultivating Attention & Inviting Clients

Hip Replacement Implants Market: Rise in Product Approvals to Bolster the Market Growth

by Metcarl · November 26 Wholesale Jerome Baker Jersey , 2018


The global hip replacement implants market was valued at approximately US$ 7.0 Bn in 2017. It is projected to register a cumulative annual growth rate (CAGR) of over 3.5% from 2018 to 2026, according to a new report published by Transparency Market Research (TMR) titled 鈥楬ip Replacement Implants Market 鈥?Global Industry Analysis, Size, Share, Growth Wholesale Mike Gesicki Jersey , Trends, and Forecast, 2018鈥?026.鈥?Expansion of the health care industry, government initiatives, increase in health care expenditure Wholesale DeVante Parker Jersey , rise in product approvals, and increase in the patient population are projected to augment the global market from 2018 to 2026. As key players introduce their new hip replacement implants in developed regions such a North America and Western Europe, these regions are likely to account for a dominating share of the global hip replacement implants market. Development of health care infrastructure and high medical expenditure by governments in emerging markets such as China and India are likely to boost the hip replacement implants market in Asia Pacific at a CAGR of around 4.0% from 2018 to 2026.


Read Report Overview @

Global demand for hip replacement is increasing, primarily due to a rise in clinical education among patients, increase in demand among the geriatric population Wholesale Cordrea Tankersley Jersey , and rise in the prevalence of obesity and arthritis. The U.S. has witnessed a significant rise in demand for new hip surgeries from 89,919 surgeries in 2004 to 122,154 in 2015. Advancements in minimally invasive surgeries and 3D printing have fueled the global hip replacement market.


Government bodies of several countries are undertaking collaborative initiatives to meet the demand for hip implants. For instance, in 2013, Medicare spent about US$ 7 Bn on hospitalizations alone for hip and knee replacements. Moreover Wholesale Charles Harris Jersey , 255 of 400,000 such surgeries performed annually are likely to be covered by the new payment model of the Centers for Medicare & Medicaid Services (CMS) in the near future.


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