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Global Hip Reconstruction Devices Market to Reach USD 5bn by 2020, Research and Markets Predicts.

M2 PHARMA-January 5, 2017-Global Hip Reconstruction Devices Market to Reach USD 5bn by 2020, Research and Markets Predicts

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- The global hip reconstruction devices market was valued at USD 4.8bn in 2014 and is expected to reach USD 5.9bn by 2020, at a CAGR of 3.0% from 2015-2020, according to a new report from Dublin-based Research and Markets.

This market is segmented by product into primary hip reconstruction devices, partial hip reconstruction devices, revision hip reconstruction devices and hip resurfacing devices.

The primary hip reconstruction devices are subsegmented into cementless and cemented reconstruction device.

Globally, the North American region commanded the largest share in the hip reconstruction devices market in 2014.

This can be attributed to rising pool of arthritis, favorable reimbursement, and technological advancements. Also, growing health awareness among masses, along with increase in the spending capacity of the population is propelling the market growth.

Key players in this market include Corin, Depuy Synthes, Djo, LLC, Exactech, Inc., Japan Mdm, Inc., Smith and Nephew, Stryker, Tornier, Inc., United Orthopedics Corp. and Zimmer, Inc.

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Publication:M2 Pharma
Date:Jan 5, 2017
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