Global Total Hip Replacement Market Research Report 2023

A hip replacement is an invasive surgical procedure, used to remove a diseased or fractured hip joint and replace it with an artificial joint or prosthesis. Osteoarthritis is one of the most common factors for hip diseases. Structures within the hip (such as the cartilage or bony joint surfaces) may get damaged due to overuse, trauma, or certain conditions, such as rheumatoid arthritis, tumors, and so on. This may lead to degenerative changes within the hip which can lead to osteoarthritis.

The global Total Hip Replacement market was valued at US$ million in 2022 and is anticipated to reach US$ million by 2029, witnessing a CAGR of % during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

With developed medical and manufacturing technology, USA and Europe are the major supplier of Direct Anterior Hip Replacement. Manufacturers from these two regions have occupied about 80% of the global market.

This report aims to provide a comprehensive presentation of the global market for Total Hip Replacement, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Total Hip Replacement.

The Total Hip Replacement market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Total Hip Replacement market comprehensively. Regional market sizes, concerning products by type, by application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Total Hip Replacement companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Total Hip Replacement Market Size Growth Rate by Type: 2018 VS 2022 VS 2029

1.2.2 Metal Material

1.2.3 Alloy Material

1.2.4 Resin Material

1.3 Market by Application

1.3.1 Global Total Hip Replacement Market Growth by Application: 2018 VS 2022 VS 2029

1.3.2 Age Below 45

1.3.3 Age 45-65

1.3.4 Age Above 65

1.4 Study Objectives

1.5 Years Considered

1.6 Years Considered

2.1 Global Total Hip Replacement Market Perspective (2018-2029)

2.2 Total Hip Replacement Growth Trends by Region

2.2.1 Global Total Hip Replacement Market Size by Region: 2018 VS 2022 VS 2029

2.2.2 Total Hip Replacement Historic Market Size by Region (2018-2023)

2.2.3 Total Hip Replacement Forecasted Market Size by Region (2024-2029)

2.3 Total Hip Replacement Market Dynamics

2.3.1 Total Hip Replacement Industry Trends

2.3.2 Total Hip Replacement Market Drivers

2.3.3 Total Hip Replacement Market Challenges

2.3.4 Total Hip Replacement Market Restraints

3.1 Global Top Total Hip Replacement Players by Revenue

3.1.1 Global Top Total Hip Replacement Players by Revenue (2018-2023)

3.1.2 Global Total Hip Replacement Revenue Market Share by Players (2018-2023)

3.2 Global Total Hip Replacement Market Share by Company Type (Tier 1, Tier 2, and Tier 3)

3.3 Players Covered: Ranking by Total Hip Replacement Revenue

3.4 Global Total Hip Replacement Market Concentration Ratio

3.4.1 Global Total Hip Replacement Market Concentration Ratio (CR5 and HHI)

3.4.2 Global Top 10 and Top 5 Companies by Total Hip Replacement Revenue in 2022

3.5 Total Hip Replacement Key Players Head office and Area Served

3.6 Key Players Total Hip Replacement Product Solution and Service

3.7 Date of Enter into Total Hip Replacement Market

3.8 Mergers & Acquisitions, Expansion Plans

4.1 Global Total Hip Replacement Historic Market Size by Type (2018-2023)

4.2 Global Total Hip Replacement Forecasted Market Size by Type (2024-2029)

5.1 Global Total Hip Replacement Historic Market Size by Application (2018-2023)

5.2 Global Total Hip Replacement Forecasted Market Size by Application (2024-2029)

6.1 North America Total Hip Replacement Market Size (2018-2029)

6.2 North America Total Hip Replacement Market Growth Rate by Country: 2018 VS 2022 VS 2029

6.3 North America Total Hip Replacement Market Size by Country (2018-2023)

6.4 North America Total Hip Replacement Market Size by Country (2024-2029)

6.5 United States

6.6 Canada

7.1 Europe Total Hip Replacement Market Size (2018-2029)

7.2 Europe Total Hip Replacement Market Growth Rate by Country: 2018 VS 2022 VS 2029

7.3 Europe Total Hip Replacement Market Size by Country (2018-2023)

7.4 Europe Total Hip Replacement Market Size by Country (2024-2029)

7.5 Germany

7.6 France

7.7 U.K.

7.8 Italy

7.9 Russia

7.10 Nordic Countries

8.1 Asia-Pacific Total Hip Replacement Market Size (2018-2029)

8.2 Asia-Pacific Total Hip Replacement Market Growth Rate by Region: 2018 VS 2022 VS 2029

8.3 Asia-Pacific Total Hip Replacement Market Size by Region (2018-2023)

8.4 Asia-Pacific Total Hip Replacement Market Size by Region (2024-2029)

8.5 China

8.6 Japan

8.7 South Korea

8.8 Southeast Asia

8.9 India

8.10 Australia

9.1 Latin America Total Hip Replacement Market Size (2018-2029)

9.2 Latin America Total Hip Replacement Market Growth Rate by Country: 2018 VS 2022 VS 2029

9.3 Latin America Total Hip Replacement Market Size by Country (2018-2023)

9.4 Latin America Total Hip Replacement Market Size by Country (2024-2029)

9.5 Mexico

9.6 Brazil

10.1 Middle East & Africa Total Hip Replacement Market Size (2018-2029)

10.2 Middle East & Africa Total Hip Replacement Market Growth Rate by Country: 2018 VS 2022 VS 2029

10.3 Middle East & Africa Total Hip Replacement Market Size by Country (2018-2023)

10.4 Middle East & Africa Total Hip Replacement Market Size by Country (2024-2029)

10.5 Turkey

10.6 Saudi Arabia

10.7 UAE

11.1 Johnson & Johnson

11.1.1 Johnson & Johnson Company Detail

11.1.2 Johnson & Johnson Business Overview

11.1.3 Johnson & Johnson Total Hip Replacement Introduction

11.1.4 Johnson & Johnson Revenue in Total Hip Replacement Business (2018-2023)

11.1.5 Johnson & Johnson Recent Development

11.2 Stryker

11.2.1 Stryker Company Detail

11.2.2 Stryker Business Overview

11.2.3 Stryker Total Hip Replacement Introduction

11.2.4 Stryker Revenue in Total Hip Replacement Business (2018-2023)

11.2.5 Stryker Recent Development

11.3 Zimmer Biomet

11.3.1 Zimmer Biomet Company Detail

11.3.2 Zimmer Biomet Business Overview

11.3.3 Zimmer Biomet Total Hip Replacement Introduction

11.3.4 Zimmer Biomet Revenue in Total Hip Replacement Business (2018-2023)

11.3.5 Zimmer Biomet Recent Development

11.4 Smith & Nephew

11.4.1 Smith & Nephew Company Detail

11.4.2 Smith & Nephew Business Overview

11.4.3 Smith & Nephew Total Hip Replacement Introduction

11.4.4 Smith & Nephew Revenue in Total Hip Replacement Business (2018-2023)

11.4.5 Smith & Nephew Recent Development

11.5 Wright Medical

11.5.1 Wright Medical Company Detail

11.5.2 Wright Medical Business Overview

11.5.3 Wright Medical Total Hip Replacement Introduction

11.5.4 Wright Medical Revenue in Total Hip Replacement Business (2018-2023)

11.5.5 Wright Medical Recent Development

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

List of Tables

    Table 1. Global Total Hip Replacement Market Size Growth Rate by Type (US$ Million): 2018 VS 2022 VS 2029

    Table 2. Key Players of Metal Material

    Table 3. Key Players of Alloy Material

    Table 4. Key Players of Resin Material

    Table 5. Global Total Hip Replacement Market Size Growth by Application (US$ Million): 2018 VS 2022 VS 2029

    Table 6. Global Total Hip Replacement Market Size by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 7. Global Total Hip Replacement Market Size by Region (2018-2023) & (US$ Million)

    Table 8. Global Total Hip Replacement Market Share by Region (2018-2023)

    Table 9. Global Total Hip Replacement Forecasted Market Size by Region (2024-2029) & (US$ Million)

    Table 10. Global Total Hip Replacement Market Share by Region (2024-2029)

    Table 11. Total Hip Replacement Market Trends

    Table 12. Total Hip Replacement Market Drivers

    Table 13. Total Hip Replacement Market Challenges

    Table 14. Total Hip Replacement Market Restraints

    Table 15. Global Total Hip Replacement Revenue by Players (2018-2023) & (US$ Million)

    Table 16. Global Total Hip Replacement Market Share by Players (2018-2023)

    Table 17. Global Top Total Hip Replacement Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Total Hip Replacement as of 2022)

    Table 18. Ranking of Global Top Total Hip Replacement Companies by Revenue (US$ Million) in 2022

    Table 19. Global 5 Largest Players Market Share by Total Hip Replacement Revenue (CR5 and HHI) & (2018-2023)

    Table 20. Key Players Headquarters and Area Served

    Table 21. Key Players Total Hip Replacement Product Solution and Service

    Table 22. Date of Enter into Total Hip Replacement Market

    Table 23. Mergers & Acquisitions, Expansion Plans

    Table 24. Global Total Hip Replacement Market Size by Type (2018-2023) & (US$ Million)

    Table 25. Global Total Hip Replacement Revenue Market Share by Type (2018-2023)

    Table 26. Global Total Hip Replacement Forecasted Market Size by Type (2024-2029) & (US$ Million)

    Table 27. Global Total Hip Replacement Revenue Market Share by Type (2024-2029)

    Table 28. Global Total Hip Replacement Market Size by Application (2018-2023) & (US$ Million)

    Table 29. Global Total Hip Replacement Revenue Market Share by Application (2018-2023)

    Table 30. Global Total Hip Replacement Forecasted Market Size by Application (2024-2029) & (US$ Million)

    Table 31. Global Total Hip Replacement Revenue Market Share by Application (2024-2029)

    Table 32. North America Total Hip Replacement Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 33. North America Total Hip Replacement Market Size by Country (2018-2023) & (US$ Million)

    Table 34. North America Total Hip Replacement Market Size by Country (2024-2029) & (US$ Million)

    Table 35. Europe Total Hip Replacement Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 36. Europe Total Hip Replacement Market Size by Country (2018-2023) & (US$ Million)

    Table 37. Europe Total Hip Replacement Market Size by Country (2024-2029) & (US$ Million)

    Table 38. Asia-Pacific Total Hip Replacement Market Size Growth Rate by Region (US$ Million): 2018 VS 2022 VS 2029

    Table 39. Asia-Pacific Total Hip Replacement Market Size by Region (2018-2023) & (US$ Million)

    Table 40. Asia-Pacific Total Hip Replacement Market Size by Region (2024-2029) & (US$ Million)

    Table 41. Latin America Total Hip Replacement Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 42. Latin America Total Hip Replacement Market Size by Country (2018-2023) & (US$ Million)

    Table 43. Latin America Total Hip Replacement Market Size by Country (2024-2029) & (US$ Million)

    Table 44. Middle East & Africa Total Hip Replacement Market Size Growth Rate by Country (US$ Million): 2018 VS 2022 VS 2029

    Table 45. Middle East & Africa Total Hip Replacement Market Size by Country (2018-2023) & (US$ Million)

    Table 46. Middle East & Africa Total Hip Replacement Market Size by Country (2024-2029) & (US$ Million)

    Table 47. Johnson & Johnson Company Detail

    Table 48. Johnson & Johnson Business Overview

    Table 49. Johnson & Johnson Total Hip Replacement Product

    Table 50. Johnson & Johnson Revenue in Total Hip Replacement Business (2018-2023) & (US$ Million)

    Table 51. Johnson & Johnson Recent Development

    Table 52. Stryker Company Detail

    Table 53. Stryker Business Overview

    Table 54. Stryker Total Hip Replacement Product

    Table 55. Stryker Revenue in Total Hip Replacement Business (2018-2023) & (US$ Million)

    Table 56. Stryker Recent Development

    Table 57. Zimmer Biomet Company Detail

    Table 58. Zimmer Biomet Business Overview

    Table 59. Zimmer Biomet Total Hip Replacement Product

    Table 60. Zimmer Biomet Revenue in Total Hip Replacement Business (2018-2023) & (US$ Million)

    Table 61. Zimmer Biomet Recent Development

    Table 62. Smith & Nephew Company Detail

    Table 63. Smith & Nephew Business Overview

    Table 64. Smith & Nephew Total Hip Replacement Product

    Table 65. Smith & Nephew Revenue in Total Hip Replacement Business (2018-2023) & (US$ Million)

    Table 66. Smith & Nephew Recent Development

    Table 67. Wright Medical Company Detail

    Table 68. Wright Medical Business Overview

    Table 69. Wright Medical Total Hip Replacement Product

    Table 70. Wright Medical Revenue in Total Hip Replacement Business (2018-2023) & (US$ Million)

    Table 71. Wright Medical Recent Development

    Table 72. Research Programs/Design for This Report

    Table 73. Key Data Information from Secondary Sources

    Table 74. Key Data Information from Primary Sources

List of Figures

    Figure 1. Global Total Hip Replacement Market Size Comparison by Type (2023-2029) & (US$ Million)

    Figure 2. Global Total Hip Replacement Market Share by Type: 2022 VS 2029

    Figure 3. Metal Material Features

    Figure 4. Alloy Material Features

    Figure 5. Resin Material Features

    Figure 6. Global Total Hip Replacement Market Size Comparison by Application (2023-2029) & (US$ Million)

    Figure 7. Global Total Hip Replacement Market Share by Application: 2022 VS 2029

    Figure 8. Age Below 45 Case Studies

    Figure 9. Age 45-65 Case Studies

    Figure 10. Age Above 65 Case Studies

    Figure 11. Total Hip Replacement Report Years Considered

    Figure 12. Global Total Hip Replacement Market Size (US$ Million), Year-over-Year: 2018-2029

    Figure 13. Global Total Hip Replacement Market Size, (US$ Million), 2018 VS 2022 VS 2029

    Figure 14. Global Total Hip Replacement Market Share by Region: 2022 VS 2029

    Figure 15. Global Total Hip Replacement Market Share by Players in 2022

    Figure 16. Global Top Total Hip Replacement Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Total Hip Replacement as of 2022)

    Figure 17. The Top 10 and 5 Players Market Share by Total Hip Replacement Revenue in 2022

    Figure 18. North America Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 19. North America Total Hip Replacement Market Share by Country (2018-2029)

    Figure 20. United States Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 21. Canada Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 22. Europe Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 23. Europe Total Hip Replacement Market Share by Country (2018-2029)

    Figure 24. Germany Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 25. France Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 26. U.K. Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 27. Italy Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 28. Russia Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 29. Nordic Countries Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 30. Asia-Pacific Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 31. Asia-Pacific Total Hip Replacement Market Share by Region (2018-2029)

    Figure 32. China Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 33. Japan Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 34. South Korea Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 35. Southeast Asia Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 36. India Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 37. Australia Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 38. Latin America Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 39. Latin America Total Hip Replacement Market Share by Country (2018-2029)

    Figure 40. Mexico Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 41. Brazil Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 42. Middle East & Africa Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 43. Middle East & Africa Total Hip Replacement Market Share by Country (2018-2029)

    Figure 44. Turkey Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 45. Saudi Arabia Total Hip Replacement Market Size YoY Growth (2018-2029) & (US$ Million)

    Figure 46. Johnson & Johnson Revenue Growth Rate in Total Hip Replacement Business (2018-2023)

    Figure 47. Stryker Revenue Growth Rate in Total Hip Replacement Business (2018-2023)

    Figure 48. Zimmer Biomet Revenue Growth Rate in Total Hip Replacement Business (2018-2023)

    Figure 49. Smith & Nephew Revenue Growth Rate in Total Hip Replacement Business (2018-2023)

    Figure 50. Wright Medical Revenue Growth Rate in Total Hip Replacement Business (2018-2023)

    Figure 51. Bottom-up and Top-down Approaches for This Report

    Figure 52. Data Triangulation

    Figure 53. Key Executives Interviewed