Overview:

In the year 2018, Europe Hip Replacement Devices Market was valued at USD 1.57 Billion. By the year 2023, it is expected to reach USD 1.83 Billion at pace of 3.2% CAGR.

Osteoarthritis is the most common joint disease that mainly affects the hip, knee, spine, shoulder and ankle. Hip Replacement is an invasive surgical procedure used to treat damaged hips caused by arthritis, fractures or other musculoskeletal disorders. Hip replacement is considered a safe and effective procedure, which can relieve severe pain and help people resume their daily activities, such as mobility, walking, climbing stairs and allowing them to perform simple exercises.

View sample and decide: https://www.marketdataforecast.com/market-reports/europe-hip-replacement-devices-market-4241/request-sample

Underlying Causes

The growth for Hip Replacement Devices Market is driven due to factors like increasing geriatric and obese population, rising prevalence of osteoarthritis disorders, growing awareness about hip replacement among people, increasing number road accidents and sports injuries, rising healthcare expenditure. In addition, increasing demand for minimally invasive surgeries, advancement of technologies, and introduction of new products like mobile bearing hip implant is expected to drive the market growth. However, strict regulatory policies for approval of new products, high cost of treatment, and high risk of complications after surgery is expected to hinder the growth rate for Europe Hip Replacement Devices Market during the forecast period.

To know more read: https://www.marketdataforecast.com/market-reports/europe-hip-replacement-devices-market-4241/

Geographic Segmentation:

Based on geography the Europe Hip Replacement Devices Market has been primarily divided into United Kingdom, France, Spain, Italy and Germany. Europe holds the second largest market share for Hip replacement devices Market during the forecast period.

Get your customized report: https://www.marketdataforecast.com/market-reports/europe-hip-replacement-devices-market-4241/customize-report

Key Players:

Leading companies for Europe Hip Replacement Devices Market are B. Braun Melsungen AG, Exactech, Inc., DJO Global, Inc., Johnson & Johnson, MicroPort Scientific Corporation, OMNIlife science, Inc., Smith & Nephew, Zimmer Biomet Holdings, Inc., and Stryker Corporation.

About MarketDataForecast™

Market Data Forecast is a market research firm offering syndicated research, consults and industry newsletters across various domains & verticals. With a well-established in-house team of experts from diverse fields and outsource research network across 100+ countries, we are the sole research providers for the majority of Fortune 500 companies. Along with the standards of reports being on par excellence, our unique services like free customization, analyst support for the period of six months post to the purchase will be the flag bearers and differentiates us from the rest. Our experience and in-depth understanding of various business environments will be a support to you and your organization in making well-informed decisions.

Contact Information:

Name: Mr. Abhishek Shukla
Email: [email protected]
Organization: MarketDataForecast™
Address: 2nd Floor, Above ICICI Bank Filmnagar Branch, B 44, Rd Number 3, Journalist Colony, Hyderabad, Telangana 500033.

Phone: +1-888-702-9626