Press Release
Acetabular Cups Market 2019 Global Industry Analysis, Business Prospects and Forecast to 2026: Fortune Business Insights
Acetabular Cups Market 2019 Global Industry Size, Future Trends, Growth Key Factors, and Opportunities Analysis by Outlook
The Acetabular Cups Market to gain from rapid technological upgrades in the acetabular cups production technology. Recently Fortune Business Insights announced a report, titled “Acetabular Cups Market Size, Share and Global Trend by Application (Total Hip Replacement, Partial Hip Replacement, Revision Hip Replacement), By Material (Metals, Non-Metals), By End User (Hospitals, Orthopaedic Clinics, Ambulatory Surgical Centers) and Geography Forecast till 2026.”
Top players in the global Type 1 Acetabular Cups Market include:
- Stryker,
- Zimmer Biomet
- Johnson & Johnson Services Inc(DePuy Synthes),
- Smith & Nephew,
- Corin, Ortho Development,
- Bioimpianti,
- Medacta International,
- Merete GmbH
- Exactech Inc
As per the American Joint Replacement Registry, in 2016 in the U.S. approximately 8,60,000 knee and hip arthroplasty procedures were reported. This is anticipated to fuel the demand for acetabular cups in the market. The report classifies the global market in various segments. Among the regional segment, North America held a considerable share in the market in 2018.
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The increasing number of hip surgeries taking place in the region is likely to contribute towards market expansion. As per the National Joint Registry (NJR), every year in the Wales and England approximately 1,60,000 knee and hip replacement procedure are performed. This is further expected to enable growth in the market and facilitate adoption of acetabular cups.
Segmentation
By Application
- Total Hip Replacement
- Partial Hip Replacement
- Revision Hip Replacement
By Material
- Metals
- Non-Metals
- Others
By End User
- Hospitals
- Orthopaedic Clinics
- Ambulatory Surgical Centers
- Others
By Geography
- North America (USA and Canada)
- Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
- Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
- Latin America (Brazil, Mexico and Rest of Latin America)
- Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)
Increasing Cases of Fracture to Drive Market
Rising willingness to spend on quality healthcare services and the increasing cases of hip and knee fracture are a few key factors expected to drive the global acetabular cups market. Additionally, introduction of 3-D printing in the market has changed the scenario and leading to high adoption of customized acetabular cups. For instance, Stryker introduced Trident II Acetabular System, in 2018. It is developed using additive manufacturing technology, which offers various femoral size variants.
Increasing adoption of robot assisted surgical procedure is a factor expected to fuel the demand for acetabular cups in the global acetabular cups market.
