The global hip replacement implants market size is expected to reach USD 7.8 Billion by 2026, according to a new report by Grand View Research, Inc. It is anticipated to expand at exhibiting a CAGR of 4.7% over the forecast period. Growing prevalence of osteoarthritis & osteoporosis are expected to drive growth over the forecast period. In addition, a paradigm shift toward minimally invasive procedures is fueling the market globally. Moreover, favorable reimbursement policy is further propelling growth.
Moreover, individuals aged 60 years and above accounted for 12.3% of the global population in 2015 and this population is expected to reach 21.5% in 2050. Thus, increasing population of those aged 60 years and above is expected to impel growth. Moreover, increasing adoption of minimally invasive surgeries coupled with availability of variety of advanced treatment options is a key factor driving the market.
Request a sample Copy of the Hip Replacement Implants Market Research Report @ https://www.grandviewresearch.com/industry-analysis/hip-replacement-implants-market/request/rs1
Key Takeways Of The Report :
Have Any Query? Ask Our Experts @ https://www.grandviewresearch.com/inquiry/6455/ibb
Grand View Research has segmented the global hip replacement implants market on the basis of product, application, end use, and region:
Hip Replacement Implants Product Outlook (Revenue, USD Million, 2014 – 2026)
Hip Replacement Implants Application Outlook (Revenue, USD Million, 2014 – 2026)
Hip Replacement Implants End-use Outlook (Revenue, USD Million, 2014 – 2026)
Hip Replacement Implants Regional Outlook (Revenue, USD Million, 2014 – 2026)
Browse Related Report:
Fundus Cameras Market : https://www.grandviewresearch.com/industry-analysis/fundus-cameras-market
Intracranial Pressure (ICP) Monitoring Devices Market : https://www.grandviewresearch.com/industry-analysis/intracranial-pressure-icp-monitoring-devices-market
About Grand View Research
Grand View Research provides syndicated as well as customized research reports and consulting services on 46 industries across 25 major countries worldwide. This U.S.-based market research and consulting company is registered in California and headquartered in San Francisco. Comprising over 425 analysts and consultants, the company adds 1200+ market research reports to its extensive database each year. Supported by an interactive market intelligence platform, the team at Grand View Research guides Fortune 500 companies and prominent academic institutes in comprehending the global and regional business environment and carefully identifying future opportunities.
Media ContactCompany Name: Grand View Research, Inc.Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.Email: Send EmailPhone: 1-415-349-0058, Toll Free: 1-888-202-9519Address:201, Spear Street, 1100 City: San FranciscoState: CaliforniaCountry: United StatesWebsite: www.grandviewresearch.com/industry-analysis/hip-replacement-implants-market