Market Overview:
The global direct anterior hip replacement market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The market growth can be attributed to factors such as the increasing incidence of arthritis, technological advancements in hip replacement surgeries, and rising awareness about direct anterior hip replacements. The metal material segment is expected to dominate the global direct anterior hip replacement market during the forecast period owing to its high strength and durability. The alloy material segment is projected to grow at a higher CAGR than other segments during the forecast period due to its properties such as light weight and corrosion resistance.
Product Definition:
A direct anterior hip replacement is a surgical procedure in which the surgeon accesses the hip joint directly from the front of the body. This approach allows for a more natural motion of the hip and avoids damage to muscles and tendons around the joint.
Metal Material:
Metal Material is a material that has high tensile strength and durability. It can be easily obtained, shaped, molded & fabricated. Metal materials include titanium alloys, stainless steel & aluminum among others. The metal material segment is expected to grow at the highest CAGR during the forecast period owing to various advantages associated with it such as higher tensile strength and durability along with easy availability in various forms such as sheets, bars etc.
Alloy Material:
Alloy Material is a combination of metals that are used in surgical procedures to replace the head, ball and socket joint of the hip. The most commonly used alloys for HIPR include chromium-based alloys, cobalt-chromium alloys, nickel-titanium (nitinol) alloys and stainless steel.
Application Insights:
The application segment is segregated into three sub-segments, namely, age below 45 years, age 45-65 years and above 65 years. The market for DDH is expected to witness significant growth in the coming few years owing to increasing geriatric population base across the globe. As per WHO estimates, there will be approximately 1 billion people aged 60 or above by 2050 which in turn will drive demand for advanced devices such as metal-on-metal implants and cemented total hip replacement (CTH).
On the other hand, rising awareness regarding better living through better movement through exercise and physical activity along with favorable government initiatives are anticipated to boost product adoption over the forecast period. For instance; Germany¢â‚¬â„¢s KfW bank offers low interest rate loans for individuals so that they can access funding for home fitness equipment which in turn is likely to increase demand over next few years.
Regional Analysis:
North America dominated the global direct anterior hip replacement market in 2017. The presence of well-developed healthcare infrastructure, high awareness levels among people regarding advanced treatment options, and availability of skilled orthopedic surgeons are some factors responsible for the large share. Moreover, increasing prevalence of osteoarthritis is expected to drive demand over the forecast period. According to a study published in American Journal Of Orthopedics & Traumatology Research (2017), approximately 1 million total hip replacements were performed in U.S., with nearly 300,000 occurring annually between 2011 and 2015 inclusive.
Asia Pacific is expected to witness lucrative growth during the forecast period owing to improving healthcare facilities.
Growth Factors:
- Increasing geriatric population: The geriatric population is increasing at a rapid pace and this is expected to drive the demand for direct anterior hip replacement surgeries.
- Rising incidence of arthritis: Arthritis is one of the leading causes of disability and it affects people of all age groups. This will lead to an increase in the demand for direct anterior hip replacements surgeries.
- Advances in surgical techniques: Surgeons are now using advanced surgical techniques that help reduce pain and improve patient outcomes. This will lead to an increase in the demand for direct anterior hip replacements surgeries.
- Growing awareness about benefits of surgery: There is growing awareness among patients about the benefits of surgery and this is expected to drive the demand for direct anterior hip replacement surgeries.
Scope Of The Report
Report Attributes
Report Details
Report Title
Direct Anterior Hip Replacement Market Research Report
By Type
Metal Material, Alloy Material, Resin Material
By Application
Age Below 45, Age 45-65, Age Above 65
By Companies
Johnson & Johnson, Stryker, Zimmer Biomet, Smith & Nephew, OrthAlign
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
132
Number of Tables & Figures
93
Customization Available
Yes, the report can be customized as per your need.
Global Direct Anterior Hip Replacement Market Report Segments:
The global Direct Anterior Hip Replacement market is segmented on the basis of:
Types
Metal Material, Alloy Material, Resin Material
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Age Below 45, Age 45-65, Age Above 65
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Johnson & Johnson
- Stryker
- Zimmer Biomet
- Smith & Nephew
- OrthAlign
Highlights of The Direct Anterior Hip Replacement Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metal Material
- Alloy Material
- Resin Material
- By Application:
- Age Below 45
- Age 45-65
- Age Above 65
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Direct Anterior Hip Replacement Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Direct anterior hip replacement is a surgical procedure that replaces the ball and socket joint in the hip. The surgery is performed through a small incision in the side of your thigh. During the surgery, your doctor removes your old hip joint and replaces it with a new one made from metal or plastic.
Some of the key players operating in the direct anterior hip replacement market are Johnson & Johnson, Stryker, Zimmer Biomet, Smith & Nephew, OrthAlign.
The direct anterior hip replacement market is expected to grow at a compound annual growth rate of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Direct Anterior Hip Replacement Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Direct Anterior Hip Replacement Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Direct Anterior Hip Replacement Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Direct Anterior Hip Replacement Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Direct Anterior Hip Replacement Market Size & Forecast, 2020-2028
4.5.1 Direct Anterior Hip Replacement Market Size and Y-o-Y Growth
4.5.2 Direct Anterior Hip Replacement Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Metal Material
5.2.2 Alloy Material
5.2.3 Resin Material
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Age Below 45
6.2.2 Age 45-65
6.2.3 Age Above 65
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Direct Anterior Hip Replacement Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Direct Anterior Hip Replacement Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Metal Material
9.6.2 Alloy Material
9.6.3 Resin Material
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Age Below 45
9.10.2 Age 45-65
9.10.3 Age Above 65
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Metal Material
10.6.2 Alloy Material
10.6.3 Resin Material
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Age Below 45
10.10.2 Age 45-65
10.10.3 Age Above 65
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Metal Material
11.6.2 Alloy Material
11.6.3 Resin Material
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Age Below 45
11.10.2 Age 45-65
11.10.3 Age Above 65
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Metal Material
12.6.2 Alloy Material
12.6.3 Resin Material
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Age Below 45
12.10.2 Age 45-65
12.10.3 Age Above 65
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Metal Material
13.6.2 Alloy Material
13.6.3 Resin Material
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Age Below 45
13.10.2 Age 45-65
13.10.3 Age Above 65
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Direct Anterior Hip Replacement Market: Competitive Dashboard
14.2 Global Direct Anterior Hip Replacement Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson & Johnson
14.3.2 Stryker
14.3.3 Zimmer Biomet
14.3.4 Smith & Nephew
14.3.5 OrthAlign
