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U.S. Hip Replacement Market Size & Share

U.S. Hip Replacement Market

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U.S. Hip Replacement Market Size & Share

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  1. The U.S. hip replacement market analysis reveals a $2.06 billion industry in 2022, projected to grow at 5.4% CAGR through 2030. The market is driven by rising osteoarthritis cases, with CDC data showing 32.5 million U.S. adults affected in 2020. Key findings:  Total hip arthroplasty procedures increased over 2012-2021, with 821,640 primary surgeries performed  Average patient age is 65.7 years  Surgery costs range from $31,000-45,000  Hospitals and ambulatory surgery centers dominate the market Recent developments include:  August 2022: Exactech launched the Logical Cup System and Spartan Stem  July 2022: Enovis Corporation released FDA-cleared ARVIS visualization system  August 2021: FDA approved Zimmer Biomet's ROSA Hip System for robotic procedures Market challenges include product recalls and lawsuits, notably Stryker's $1.4 billion settlement for ABG II hip implant cases between 2014-2016. Footnotes Fortune Business Insights - U.S. Hip Replacement Market Size, Share | Growth Report, 2030 https://www.fortunebusinessinsights.com/u-s-hip-replacement-market-108460

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