The Hip Prosthesis procedure involves implantation of a prosthetic implant in the hip joint. The surgery can be performed either as a total replacement or as a hemi (half) replacement. In a total hip replacement (total hip arthroplasty or THA), both the acetabulum and the femoral head are replaced, whereas in a hemiarthroplasty, only the femoral head is replaced. The implant of a hip prosthesis is one of the most common orthopaedic operations, though patient satisfaction short- and long-term varies significantly. As a result of hip osteoarthritis, the hip joint degenerates, and hip arthroplasty is a reasonable treatment option. During hip replacement surgery, cartilage and bone fragments are removed from the hip and replaced with prostheses. The number of replacement surgeries is increasing significantly as the population ages and as the government provides active support. This has a positive effect on the product demand.
FutureWise Market Research has instantiated a report that provides an intricate analysis of Artificial Hip Prosthesis Market trends that shall affect the overall market growth. Furthermore, it includes detailed information on the graph of profitability, SWOT analysis, market share and regional proliferation of this business. Moreover, the report offers insights on the current stature of prominent market players in the competitive landscape analysis of this market.
According to the research study conducted by FutureWise research analysts, the Artificial Hip Prosthesis Market is anticipated to attain substantial growth by the end of the forecast period. The report explains that this business is predicted to register a noteworthy growth rate over the forecast period. This report provides crucial information pertaining to the total valuation that is presently held by this industry and it also lists the segmentation of the market along with the growth opportunities present across this business vertical.