1. What is the projected Compound Annual Growth Rate (CAGR) of the U.S. Hip Replacement Market?
The projected CAGR is approximately 5.4%.
U.S. Hip Replacement Market by Procedure (Total Replacement, Partial Replacement, Revision & Hip Resurfacing), by End-user (Hospitals & Ambulatory Surgery Centers, Orthopedic Clinics, Others), by Forecast 2026-2034
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The U.S. Hip Replacement Market size was valued at USD 2.06 USD Billion in 2023 and is projected to reach USD 2.98 USD Billion by 2032, exhibiting a CAGR of 5.4 % during the forecast period. Hip replacement refers to a surgical procedure through which a damaged hip joint is replaced with a prosthetic implant in order to correct conditions such as arthritis and fractures. There are two main types: hip replacement operations: total hip replacement (THR) and partial hip replacement (hemiarthroplasty). Examples include metal, ceramic, and plastic parts made of tough and strong materials; they are built to imitate natural hip movement. uses vary from relieving pain to giving mobility to patients with severely damaged joints. The United States trends indicate rising demand linked to the rising population, enhanced surgical strategies, and awareness of the procedure’s favorable aspects, which further promote market growth and innovation.




Procedure:
End-user:
Key Highlights:
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| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.4% from 2020-2034 |
| Segmentation |
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Note*: In applicable scenarios
Primary Research
Secondary Research

Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
The projected CAGR is approximately 5.4%.
Key companies in the market include Zimmer Biomet (U.S.), Johnson & Johnson Services, Inc. (U.S.), Smith+Nephew (U.K.), Stryker (U.S.), Exactech, Inc. (U.S.), Conformis (U.S.), MicroPort Scientific Corporation (China), B. Braun Melsungen AG (Germany).
The market segments include Procedure, End-user.
The market size is estimated to be USD 2.06 USD Billion as of 2022.
Regulatory Mandates for Adoption of Electronic Health Records (EHR)/Electronic Medical Records (EMR) to Assist Revenue Cycle Management Market Growth.
Increasing Number of Hospitals and ASCs Identified as Significant Market Trend.
Product Recalls and High Cost of Surgeries Limit Market Growth.
August 2022 – Exactech Inc. successfully completed the first surgery using its products Spartan Stem and Logical Cup system for hip arthroplasty.
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The market size is provided in terms of value, measured in USD Billion.
Yes, the market keyword associated with the report is "U.S. Hip Replacement Market," which aids in identifying and referencing the specific market segment covered.
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