Hip Resurfacing Implants Market

Hip Resurfacing Implants Market:
Global Industry Analysis and
Forecast 2015 - 2021

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Report Media Releases
Hip Resurfacing Implants Market: Global Industry Analysis and
Forecast 2015 - 2021
Hip resurfacing techniques are used to treat hip fractures while avoiding total hip replacement procedure. Hip
resurfacing involves fixing of hollow mushroom shaped cobalt chrome metal cap on the surface of femur and cobalt
chrome metal cup in the pelvis socket. Hip resurfacing surgery involves lesser bone removal as compared to total hip
replacement surgery and reduced risk of hip dislocation. Hip resurfacing surgery is commonly performed on patients
suffering from severe osteoarthritis.
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Healthcare professionals prefer hip resurfacing surgery over total hip replacement surgery due to advantages of this
technique over total hip replacement surgery. Preference given by healthcare professionals to hip resurfacing surgery
and innovations in the hip surgery industry is driving the growth of hip resurfacing implants market. While high
standards for approval of any new product to launch into the market, emerging alternative technologies and intense
competition between market players are restraining growth of this market. Mergers and acquisitions taking place in
the market is one of the major developmental feature of hip resurfacing implants market that has resulted into
intensive market consolidation and high competitive rivalry among the existing players. Based on the type of location
to fix the implant, hip resurfacing implant markets is segmented as follows:
Currently, North America dominates the hip resurfacing implants market followed by Europe. The European hip
resurfacing implants market is growing at slower rate due to ongoing economic upsets in the region. Asia-Pacific is a
lucrative region market considering factors such as increasing healthcare spending and improving healthcare
infrastructure. Some of the major companies contributing to global hip resurfacing implants market are DePuy
Orthopaedics, Inc., Medtronic, Inc., Biomet, Inc., Acumed LLC, Biotronic and Smith and Nephew Plc.
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