Hip Replacement Market Share

North America Market Forecast

The North America hip replacement market, amongst the market in all the other regions, is projected to hold the largest market share by the end of 2037, owing to rising number of hip arthroplasty, high expenditure on health expenditure, growth in healthcare sector, increasing disposable income and other factors. A total of almost 2.4 million hip and knee surgeries—representing an 18.3% increase in total procedural volume compared to that in 2020—were reported in the yearly report from more than 1150 facilities. This equates to a 40% capture rate of the entire annual volume of total joint arthroplasty (TJA) performed in the United States.