Global Femoral Head Prostheses Market 2019-2023

The global femoral head prostheses market size will grow by USD 143.84 million during 2019-2023. This market report provides a detailed analysis of the market by material (ceramic femoral head prostheses, metal femoral head prostheses, and ceramicised metal femoral head prostheses) and geography (Asia, Europe, North America, and ROW). Also, the report analyzes the market’s competitive landscape and offers information on several market vendors, including Exactech Inc., Limacorporate Spa, Medacta International SA, Smith & Nephew Plc, and Zimmer Biomet Inc.

Few of the key findings from this femoral head prostheses market analysis report are summarized below

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Global Femoral Head Prostheses Industry Overview

Robotic hip replacement techniques are aiding clinicians in customizing surgeries to closely match the patient’s unique anatomy. Robotic hip replacement procedures are proven to significantly provide improved surgical outcomes with reduced blood loss and time required. The rising hip replacement surgery rate across the world has prompted vendors to focus on the development of surgical robots. These robots can make accurate placement of components during hip replacement surgeries. Moreover, the rising need to replace femoral heads, owing to the increasing number of hip replacement surgeries, will further augment the demand for robotic assistance in these surgeries. These developments have been contributing to the growth of the market, which will record a CAGR of over 3% during the forecast period.

The increasing number of hip replacement surgeries in the recent years has prompted vendors to invest significantly in R&D concerning technology, materials, surgical techniques, methods of fixation and sterilization of prostheses, perioperative management, and prevention of complications. Significant improvements in implant materials and processing methods of implants, in recent years, has made femoral heads more durable. The use of materials such as high-quality ceramic or combination of both ceramic and metal, to build femoral head prostheses, has overcome the challenge of postoperative instability. Moreover, surgeons performing hip replacement procedures are collaborating with vendors to engineer new surgical techniques that are offering benefits such as short hospital stays, reduced blood loss, and less pain. These technological advances have increased the adoption of femoral head prostheses, which is driving the market growth.

Top Femoral Head Prostheses Companies Covered in this Market Research Report

The market is concentrated. To help clients improve their market position, this report provides an analysis of the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this report also includes information on the upcoming  market trends and challenges that will influence market growth. This will enable companies to create strategies to make the most of future growth opportunities.

The report offers a detailed analysis of several leading femoral head prostheses manufacturers including:

• Exactech Inc.
• Limacorporate Spa
• Medacta International SA
• Smith & Nephew Plc
• Zimmer Biomet Inc.

Femoral Head Prostheses Market Segmentation Based on Material

• Ceramic femoral head prostheses
• Metal femoral head prostheses
• Ceramicised metal femoral head prostheses

The ceramic femoral head prostheses market segment will account for the highest market share. The increasing benefits of ceramic femoral heads, such as scratch resistant and superior wettability, over metal femoral heads, have increased their adoption rate. This report provides an accurate prediction of the contribution of all the segments to the growth of the femoral head prostheses market size.

Femoral Head Prostheses Market Segmentation Based on Geographic Region

• Asia
• Europe
• North America
• ROW

With a complete study of the growth opportunities for companies, it has been identified that North America will account for the highest share of the market throughout the forecast period. Factors such as the increased adoption of advanced femoral head prostheses, improved healthcare infrastructure, high prevalence of orthopedic disorders and its risk-related factors, and the increasing number of hip replacement surgeries are contributing to the market growth in this region.

Key Highlights of the Global Femoral Head Prostheses Market Forecast Report for Period 2019-2023

• CAGR of the market during the forecast period 2019-2023
• Detailed information on factors that will accelerate the growth of the femoral head prostheses market during the next five years
• Precise estimation of the global femoral head prostheses market size and its contribution to the parent market
• Accurate predictions on upcoming trends and changes in consumer behavior
• The growth of the femoral head prostheses industry across Asia, Europe, North America, and ROW
• A thorough analysis of the market’s competitive landscape and detailed information on several vendors
• Comprehensive details of factors that will challenge the growth of femoral head prostheses companies

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