Hip Implants Market

• In March 2023 Exactech, a well-known manufacturer of medical devices with a focus on orthopaedic implants and surgical equipment, recently announced the addition of a new customized shoulder implant to its line of products. The new implant, known as the Alteon Cup Humeral Resurfacing, is made to suit each patient specifically and enhance clinical results.

• In February 2023 Johnson & Johnson and Zhongchao Inc., a major Chinese supplier of online medical education and healthcare information, have renewed their collaboration. The two businesses will continue to collaborate on the creation of cutting-edge healthcare products for the Chinese market.

In this report, the Hip Implant Market has been segmented by Product, Material, End-User and Geography.

Hip Implant Market, Segmentation by Product

The Hip Implant Market has been segmented by Product into Total Hip implants, Fixed-Bearing Hip Implants, Mobile-Bearing Total Hip Implants, Partial Hip Implants, Hip Resurfacing Implants, and Revision Hip Implants.

Total Hip Implants

Total hip implants are a cornerstone in orthopedic surgery, comprising nearly 45-50% of the global hip implant market. These implants replace both the acetabulum and femoral head, restoring full joint function. Rising osteoarthritis cases, coupled with growing demand for minimally invasive hip procedures, are boosting the adoption of total hip implants worldwide.

Fixed-Bearing Hip Implants

Fixed-bearing hip implants utilize a stationary polyethylene liner, ensuring long-term stability and durability. Capturing approximately 30-35% of hip replacement procedures, these implants are ideal for younger patients due to a lower risk of dislocation. While highly durable, they may experience wear over time, making careful patient selection crucial.

Mobile-Bearing Total Hip Implants

Mobile-bearing total hip implants allow the liner to move within the socket, offering a greater range of motion and reducing surface wear. Representing 10-15% of the market, they are favored by active patients seeking better mobility. Precise surgical placement is essential to maximize benefits and minimize potential complications.

Partial Hip Implants

Partial hip implants replace only the femoral head, preserving the natural acetabulum. This approach accounts for 5-10% of hip implant procedures and is commonly chosen for elderly patients with hip fractures, as it involves less invasive surgery and supports faster recovery compared to total hip replacement.

Hip Resurfacing Implants

Hip resurfacing implants focus on bone preservation by capping the femoral head rather than removing it. Making up about 3-5% of hip implant surgeries, these implants are aimed at younger, active individuals, offering improved mobility. However, careful consideration is needed due to the risk of metal ion release.

Revision Hip Implants

Revision hip implants address failures from loosening, wear, or infection, representing 5-7% of hip procedures. These complex surgeries are supported by advanced modular implant technologies, which help enhance patient outcomes and improve longevity for those requiring secondary interventions.

Hip Implant Market, Segmentation by Material

The Hip Implant Market has been segmented by Material into Metal-On-Polyethylene, Ceramic-On-Metal, Metal-On-Metal, Ceramic-On-Polyethylene, and Ceramic-On-Ceramic.

Metal-On-Polyethylene

Metal-on-polyethylene (MoP) implants dominate the hip implant market, accounting for nearly 50-55% of global procedures. Featuring a metal femoral head and polyethylene acetabular liner, MoP implants offer durability, affordability, and a proven clinical record. Their versatility makes them suitable for a wide range of patients, from elderly individuals to those with moderate activity levels.

Ceramic-On-Metal

Ceramic-on-metal (CoM) implants, combining a ceramic head with a metal liner, represent about 5-8% of hip replacements. This pairing reduces friction and wear, enhancing implant longevity. CoM implants are particularly advantageous for active patients who require long-lasting, low-maintenance solutions.

Metal-On-Metal

Metal-on-metal (MoM) implants, consisting of metal femoral heads and cups, account for approximately 10-12% of the market. Known for their strength and wide range of motion, they are often selected for younger, highly active patients. Recent concerns over metal ion release have limited their use, prompting careful patient evaluation.

Ceramic-On-Polyethylene

Ceramic-on-polyethylene (CoP) implants feature a ceramic femoral head and polyethylene cup, making up 20-25% of hip implant procedures. They provide a balance of low wear, durability, and reliability, reducing the risk of long-term complications. CoP implants are increasingly preferred for patients seeking sustainable hip replacement solutions.

Ceramic-On-Ceramic

Ceramic-on-ceramic (CoC) implants, with both ceramic femoral heads and liners, capture around 5-7% of the hip implant market. They are prized for extremely low wear rates and high biocompatibility, ideal for young and highly active patients. Higher costs and the potential for ceramic fracture necessitate careful patient selection.

Hip Implant Market, Segmentation by End-User

The Hip Implant Market has been segmented by End-User into Hospitals, Orthopedic Clinics, and Ambulatory Surgical Centers.

Hospitals

Hospitals are the leading end-users in the hip implant market, performing nearly 60-65% of global procedures. Equipped with state-of-the-art surgical infrastructure and specialized orthopedic teams, hospitals are preferred for complex hip replacement surgeries. Their ability to handle high patient volumes and provide advanced post-operative care makes them the top choice for patients and surgeons alike.

Orthopedic Clinics

Orthopedic clinics represent around 25-30% of hip implant procedures. These clinics focus on joint replacement expertise, delivering personalized patient care and handling semi-elective or outpatient surgeries. Their specialized approach and high procedural efficiency are contributing to their growing market share.

Ambulatory Surgical Centers

Ambulatory surgical centers (ASCs) account for about 10-15% of hip replacement surgeries. They offer minimally invasive procedures, shorter hospital stays, and cost-effective care solutions. ASCs are increasingly popular among low-risk patients seeking quicker recovery and efficient surgical experiences.

Hip Implant Market, Segmentation by Geography

In this report, the Hip Implant Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.

Hip Implant Market Share (%), by Geographical Region

North America

North America dominates the hip implant market with nearly 35-40% of global revenue. The region benefits from cutting-edge healthcare infrastructure, high adoption of advanced hip implants, and a growing elderly patient population. Leading manufacturers and well-equipped orthopedic facilities further boost market expansion.

Europe

Europe contributes around 25-30% of the hip implant market. Strong healthcare systems, increased orthopedic awareness, and a rising geriatric population drive market demand. Countries like Germany, France, and the UK are at the forefront due to high surgical volumes and early adoption of innovative implant technologies.

Asia Pacific

Asia Pacific accounts for roughly 20-25% of the global market and is the fastest-growing region. Growth is fueled by urbanization, expanding healthcare infrastructure, and rising incidences of arthritis and osteoporosis. Key markets such as China, India, and Japan are witnessing rapid adoption of minimally invasive hip replacement procedures.

Middle East and Africa

Middle East and Africa contribute about 5-7% of the global hip implant market. The region’s growth is driven by improving healthcare facilities, growing orthopedic awareness, and medical tourism in countries like the UAE and Saudi Arabia. The availability of cost-effective hip implants is encouraging broader adoption.

Latin America

Latin America holds approximately 5-8% of the hip implant market. Market expansion is supported by increasing private healthcare investments, rising healthcare expenditure, and an aging population. Countries such as Brazil and Mexico are witnessing increased demand for advanced hip implant technologies and joint replacement procedures.

This report provides an in depth analysis of various factors that impact the dynamics of Global Hip Implant Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.

Drivers, Restraints and Opportunity Analysis

Key players in Global Hip Implant Market include:

• Zimmer Biomet Holdings Inc. (US)
• Stryker Corporation (UK)
• Smith & Nephew PLC (UK)
• MicroPort Scientific Corporation (China)
• Exactech Inc. (US)
• OMNILife Science Inc. (US)
• Braun Melsungen AG (Germany)
• DJO (US)
• Aesculap Implant Systems LLC (US)
• Corin (UK)

In this report, the profile of each market player provides following information:

• Company Overview and Product Portfolio
• Key Developments
• Financial Overview
• Strategies
• Company SWOT Analysis