The Global Femoral Head Prostheses Market is expected to gain impetus from a rise in the number of hip replacement surgery. In an upcoming report, titled, “Femoral Head Prostheses Market Size, Share and Global Trend By Product (Standard femoral head, Biarticular femoral head), Material (Stainless steel heads, Alumina heads, Chrome & cobalt alloy heads, Ceramics heads), Disease Indication (Femoral head necrosis, Hip dysplasia, Femoral neck fracture), End Users (Hospitals, Speciality clinics, Ambulatory Surgery Centers) and Geography Forecast till 2025,” Fortune Business Insights states that the emergence of implantable products by renowned market players and rising demand for prosthetics are fueling the global femoral head prostheses market growth.
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Furthermore, improvements in health reimbursement policies for orthopaedic prosthetics will also aid in the market growth in the coming years.
Fortune Business Insights profiles few of the prominent companies operating in the global femoral head prostheses market. They are as follows:
- Zimmer Biomet
- Ortho Development
- Smith & Nephew
- Medacta International
- Biotech GmbH
- Exactech, Inc.
The report identifies the upcoming and current opportunities in the global femoral head prostheses market by examining the largest and the rapidly growing segments across the regions. It analyzes demand-side factors on the bases of the effects of ongoing economic factors, namely, technological advancements, CAGR, growing innovations, per capita income, GDP, population size, and the price of products available in the market.
Increasing Technological Interventions to Favor Growth in North America
Geographically, the global femoral head prostheses market is grouped into the Middle East and Africa, Latin America, North America, Europe, and Asia Pacific. Out of these, North America is anticipated to expand rapidly during the forthcoming years. It is likely to occur due to favorable health reimbursement policies and increased technological advancements.
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- Standard femoral head
- Biarticular femoral head
- Stainless steel heads
- Alumina heads
- Chrome & cobalt alloy heads
- Ceramics heads
By Disease Indication
- Femoral head necrosis
- Hip dysplasia
- Femoral neck fracture
By End User
- Specialty clinics
- Ambulatory Surgery Centers
In Asia Pacific and Europe, the femoral head prostheses market is expected to exhibit notable growth in the coming years due to the ongoing improvements in healthcare infrastructure. The National Joint Registry (NJR) declared that approximately 160,000 procedures of hip and knee replacement are performed every year in Wales and England. It further aids Europe in becoming one of the renowned regions in the femoral head prostheses market.
b-ONE Ortho Receives FDA 510(k) clearance for b-ONETM Total Hip System
b-ONE Ortho, a provider of innovative orthopedic healthcare solutions, based in New Jersey, announced that it has received FDA 510(k) clearance for its b-ONETM Total Hip System in September 2018. The system is cementless with intuitive instrumentation and novel coating technology.
It is designed to enhance patients’ fit in the latest patient demographic. The system also consists of the JuvenoTM Femoral Hip and the b-ONE Primary Acetabular System. They are compatible with b-ONETM 12/14 Taper Femoral Heads. The company is looking forward to offer surgeons a unique system that is specially designed to house majority of today’s ever-increasing patient demographic.
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Arkansas University Engineers Develop Method to Extend the Life of Artificial Hip
In May 2018, the University of Arkansas declared that mechanical engineering researchers have developed a new method to extend the life of an artificial hip. By adding a range of microscopic indentations, they are planning to increase the thickness of the lubricating film on its surface.
Lubrication is one of the most significant parts of the process of the implanted joint interface. However, it is challenging due to the complicated nature of viscous fluid that is used for lubrication. Instead of controlling the synovial fluid, the researchers have stimulated the textured surface of cartilage and the converging gaps. These converging gaps provide secretion of synovial fluid and boost the thickness of the film.
KEY QUESTIONS ANSWERED:
What is the market size and growth rate of the global and regional market by various segments?
What is the market size and growth rate of the market for selective countries?
Which region or sub-segment is expected to drive the market in the forecast period?
What Factors are estimated to drive and restrain the market growth?
What are the key technological and market trends shaping the market?
What are the key opportunities in the market?
What are the key companies operating in the market?
Which company accounted for the highest market share?
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